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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
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1️⃣ Follow Gate_Square
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📅 Ends at 16:00, Sep 17 (UTC)
Plasma secures a partnership with EtherFi by integrating a storage of 500 million dollars worth of ETH.
Plasma, backed by Bitfinex, announced a strategic partnership with EtherFi on August 29, becoming the partner to launch the beta mainnet. According to the agreement, EtherFi will transfer over 500 million USD from its Ethereum staking pool to Plasma, providing liquidity for profit strategies tied to stablecoin.
Plasma operates as a Bitcoin sidechain, EVM compatible, focusing on stablecoin payments and cross-border transactions, notable for free gas fee transfers of USDT. In June, the platform raised 1 billion USD in deposits within just 30 minutes, with 70% coming from the top 100 largest wallets.
The expanded partnership allows Plasma to integrate EtherFi's liquidity staking token as collateral, while also adding features such as secure trading and customizable gas tokens. With a TVL of over 11 billion USD, EtherFi affirms its confidence in Plasma, amid the growing demand for global stablecoin infrastructure.