According to an analysis by a data platform, after the stablecoin regulations came into effect for one week, on-chain data shows that from August 1 to August 8, the daily average outflow of USDT from major OTC trading service providers in Hong Kong (HKVAOTC) was $34.9 million, a decrease of 32.94% compared to the daily average of $52.04 million before the regulations took effect (June 1 to July 31). Among them, store-type service providers were affected even more, with a decrease in daily average USDT outflow.

🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 4 winners split $100 Futures Voucher!

📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
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💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
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4. Submissions must be original and comply with community guidelines. Plagiarism or re

🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.