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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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📅 Ends at 16:00, Sep 17 (UTC)
Coinbase Product Head: Total on-chain lending on Coinbase exceeds $400 million
Gate News bot消息，Coinbase产品负责人Max Branzburg表示，Coinbase用户自推出以来的短短几个月内就已以约5%的Intrerest Rate借入了4亿美元的USDC。
He wrote: "The feedback has been very strong, and there was a recent story about a person who was originally going to sell his BTC to fund a home renovation project, but he was able to use it as collateral to borrow and continue investing, while still obtaining the funds for that project."
Max mentioned that users are utilizing this feature to take out loans with BTC as collateral, avoiding asset liquidation to raise funds.
Source: X