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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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TRON founder Sun Zhengyi stepped in to assist with a reserve fund of $456 million for TUSD.
According to the Gate.io News bot and reported by CoinDesk, the latest documents reveal the key role of TRON founder Justin Sun in the TUSD stablecoin crisis. When TUSD's $456 million reserve funds were frozen, Justin Sun provided emergency assistance.
These reserve funds were originally held at Prime Trust, which ceased operations in June this year. Documents show that Masayoshi Son provided equivalent funding support to TUSD through entities he controls to maintain the stable operation of TUSD.
This event occurred before the bankruptcy of Prime Trust, when TUSD faced the dilemma of inaccessible reserve funds.