New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
The Bank of America is researching stablecoins to help transfer trillions of customer transactions.
Gate news bot news, Bank of America (BoA) is exploring stablecoins to leverage blockchain technology to improve its payment infrastructure. In the Q2 earnings call, CEO Brian Moynihan stated that the bank is focused on using stablecoins as a means of transaction, aiming to transfer trillions of dollars in customer assets daily. Bank of America has considered collaborating with other major banks such as JPMorgan Chase and Citigroup to jointly issue stablecoins, and proceed under supportive regulatory conditions.
Bank of America’s second-quarter net profit rose 3% to $7.12 billion and revenue rose 4% to $26.61 billion. The stablecoin market is growing rapidly and is expected to surpass Visa and Mastercard in trading volume by 2024. THE GENIUS BILL ON STABLECOINS HAS GAINED SUPPORT BUT FACES RESISTANCE IN THE HOUSE OF REPRESENTATIVES.