📢 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
Stablecoin giants are laying out proprietary blockchains to enhance settlement efficiency and compliance.
[Chain News] On August 17, Circle and Stripe are building their proprietary Blockchain, and startups Plasma and Stable have recently raised funds to develop a dedicated chain for USDT (USDT). Securitize is collaborating with Ethena to build Converge, and Ondo Finance announced earlier this year the upcoming launch of an internal chain. Additionally, Dinari stated that it will soon launch a layer-1 network driven by a public chain for the settlement and clearing of tokenized stocks. Sygnum's Chief Customer Officer Martin Burgherr stated that establishing their own L1 is to control and strategically position themselves. The economics of stablecoins are determined by settlement speed, interoperability, and regulatory coordination, thus having a foundational layer allows companies to directly embed compliance, integrate forex engines, and ensure predictable fees. Nowadays, stablecoin issuers rely on Ethereum, TRON, or other stablecoins for settlement, and this reliance means they must bear the risks of external fee markets, protocol governance decisions, and technological bottlenecks.