News linked to both this project and an event.
crypto asset trading platform Gate has announced the listing of RLUSD, a U.S. dollar stablecoin launched by Ripple, at 17:00 (UTC+8) on June 15. Simultaneously, it will open the BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT trading pairs. RLUSD is fully backed 1:1 by U.S. dollar deposits, short-term U.S. Treasury bonds, and other cash equivalents, with monthly reserve audit reports enhancing transparency and compliance. This stablecoin is specifically designed for payment use cases, aiming to meet the growing demand from users, developers, and institutions for transparent, interoperable stablecoins with real-world application capabilities.To support the listing, Gate has simultaneously launched a market incentive program totaling 750,000 RLUSD. This program includes measures such as CandyDrop trading incentives, VIP-exclusive airdrops, withdrawal fee reductions, and KOL promotions, all designed to drive genuine trading demand, improve market depth, and attract new user participation and market vitality. The listing of RLUSD combined with the concentrated release of incentive resources demonstrates Gate's strategic direction of continuously improving its stablecoin trading ecosystem and enhancing multi-asset liquidity and trading efficiency. Moving forward, Gate will expand its offerings with more high-quality assets and ecosystem partnerships, driving the continued evolution of digital asset market infrastructure.
According to the Hong Kong Economic Journal, in response to concerns raised by Hong Kong Legislative Council members regarding potential regulatory gray areas involving financial KOLs (Key Opinion Leaders) in the virtual asset space, Mr. Yip Chi Hang, Executive Director of the Intermediaries Division at the Securities and Futures Commission (SFC) of Hong Kong, stated that financial KOLs represent a new business norm—not the traditional relationship between individuals and conventional securities firms, but rather the relationship between individuals and platforms. However, many such platforms are not based in Hong Kong, and their reach is borderless—making this a shared challenge for global regulators. The SFC has already begun closely engaging with the industry to understand the landscape and is actively discussing whether new regulatory considerations—including enhancements to licensing requirements and codes of conduct—are warranted.
According to an official social media announcement, HTX will host a live-streaming event titled “The Most Crypto-Savvy Fed Chair Has Arrived: Can Bitcoin Enter a Policy Honeymoon Period?” at 8:00 PM today (UTC+8). This event will take the form of a debate, with participants 0xpink, Amber, Zizhong, and Maomaojie facing off against Xiao Nezha, Dalin, Dabiaoge, and 0xmoon to engage in an in-depth discussion on expectations for Federal Reserve policy shifts, macro-level liquidity trends, and Bitcoin’s outlook.