📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Monad Foundation acquires Portal Labs to accelerate stablecoin payment infrastructure.
Gate News bot news, the Monad Foundation announced the acquisition of Portal Labs (the team behind the Portal stablecoin wallet platform) to promote the adoption of stablecoins and expand the payment capabilities of Layer-1 blockchains. Portal CEO Raj Parekh will serve as the head of payments and stablecoin business at the Monad Foundation, bringing experience from Visa.
Portal will operate independently as a subsidiary of the Monad Foundation, led by the co-founders. This integration will enhance Monad's Blockchain capabilities, integrating with Portal's multi-chain strategy to provide stablecoin payment solutions for web2 and web3 enterprises.
The blockchain infrastructure of Monad has processed 2 billion transactions from 300 million addresses, highlighting its scale. The Monad testnet is now live, allowing developers to explore at any time.