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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC) - The Gate to Web3’s future opened in Tokyo during WebX Asia ✨
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#WebX2025# #Gate# - Gate Launches GUSD!
Mint, trade, and stake GUSD — backed by U.S. Treasuries & real-world assets, offering low-risk, stable-yield opportunities. First Launchpool goes live Aug 29, 2025, with up to 365% APR.
The stablecoin project Reflect Money has completed a $3.75 million seed round financing, with a16z CSX participating.
PANews reported on September 3rd that the stablecoin project Reflect Money announced it has completed a $3.75 million seed round of financing led by a16z crypto's CSX accelerator, with participation from Solana Ventures, Equilibrium, BigBrain Holdings, and Colosseum. The new funds will be used to build the "software as stablecoin" infrastructure, allowing any application to issue interest-bearing dollars without the need to lock up funds or complex operations. According to the introduction, the Reflect protocol will tokenize on-chain DeFi strategies and then convert the deposited USDC balance into interest-bearing "USDC+", while maintaining sufficient liquidity. The stablecoin will adopt a non-custodial model, allowing for minting and redemption on demand at any time. Reflect plans to launch on the mainnet in early September, initially supporting USDC on Solana.