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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
💥 The creator ecosystem is in full bloom!
📈 Get featured, earn rewards, and grow your influence—what are you waiting for?
💰 Cash incentives ✔️
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👉 https://www.gate.com/announcements/article/45695
The USDC treasury burned over 55 million tokens on Ethereum.
On July 25, 2025, the USDC treasury burned 55 million USDC on Ethereum, worth approximately 54.9 million USD, according to Whale Alert. This move is aimed at adjusting the supply to maintain a 1:1 peg with USD, while also not having a significant impact on the market as it only accounts for about 0.17% of the total circulating supply.
Token burning is a common management process in stablecoins like USDC, helping to maintain value stability. Transactions are publicly confirmed on the blockchain, demonstrating the transparency of this activity.
There is no significant impact on other assets such as ETH, BTC, or the DeFi market. The reaction from the cryptocurrency community remains calm, with no notable comments from major figures in the industry, indicating that this is standard practice in Circle's asset management strategy.