Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
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Unified Account
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Futures Kickoff
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Demo Trading
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Launch
CandyDrop
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Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
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Launchpad
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Alpha Points
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Futures Points
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#USDT ve
#GateioInto11
Tether, the company behind the most popular stablecoin, declared a net profit of $5.2 billion for the first half of 2024, with a strong $1.3 billion profit in the second quarter. As of June 30, 2024, the company's total assets exceeded its liabilities by $5.3 billion. Tether's USDT stablecoin controls 70% of the market, with USDC accounting for 21%. Despite its outstanding financial success, Tether has ceased Bitcoin acquisitions and now holds $97.6 billion in US Treasuries, exceeding Germany's holdings. The stablecoin market capitalization has hit a two-year high of $164 billion, thanks in large part to Tether's development.