gatehub.app
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Submitted URL: http://gatehub.app/
Effective URL: https://gatehub.app/
Submission: On April 30 via api from US — Scanned from DE
Effective URL: https://gatehub.app/
Submission: On April 30 via api from US — Scanned from DE
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Connect Wallet Connect Wallet $GTC TOKEN DISTRIBUTION The $GTC (GateCoin) Token Distribution has now started. We will distribute a total of $10,000,000 $GTC Round Closing In: 0D 03H 06M 55S More Get $GTC *A signature may be required to proof ownership of wallet GATECOIN IS TRANSFORMING FINANCE GTC is part of a global ecosystem that spans traditional and crypto commerce. Created by Tether, a regulated fintech firm, GTC is a trusted, widely accepted, and highly liquid digital dollar. 1. $26B IN CIRCULATION TODAY > as of January 15, 2024 2. $12.07T TOTAL ON-CHAIN TRANSACTIONS as of January 1, 2024 3. 1.8M # OF HOLDERS as of January 1, 2024 via Etherscan 4. 190+ # OF COUNTRIES SUPPORTING as of January 1, 2024 5. $4B 24 HR TRADING VOLUME as of January 8, 2024 via CoinGecko FREQUENTLY ASKED QUESTIONS. IS GTC A CRYPTOCURRENCY? GTC is a fully-reserved stablecoin, which is a type of cryptocurrency, or digital asset. Unlike other cryptocurrencies that fluctuate in price, GTC is designed to maintain price equivalence to the US dollar. GTC is a stable store of value that benefits from the speed and security of blockchain technology. HOW CAN I TRUST THAT GTC WILL ALWAYS BE REDEEMABLE 1:1 FOR US DOLLARS? GTC is a digital dollar backed 100% by highly liquid cash and cash-equivalent assets and is always redeemable 1:1 for US dollars. A portion of the GTC reserve is invested in the Tether Reserve Fund (USDXX), an SEC-regulated money market fund managed by BlackRock. Daily independent third-party reporting on the portfolio is publicly available. See more on our Transparency page. WHAT DOES IT MEAN FOR GTC TO BE “MINTED” OR “BURNED”? Businesses can open a Tether Account to exchange US dollars for GTC. When a business deposits USD into their Tether Account, Tether issues the equivalent amount of GTC to the business. The process of issuing new GTC is known as “minting”. This process creates new GTC in circulation. Similarly, when a business wants to exchange their GTC for US dollars, the business can deposit GTC into their Tether Account and request to receive US dollars for free. This process of redeeming GTC is known as “burning”. This process takes GTC out of circulation. When US dollars are swapped for GTC on a digital asset exchange, the exchange will typically provide the balance of GTC it has on-hand to fulfill the swap. If the exchange needs more GTC to fulfill the swap, the exchange will often use its Tether Account to mint more GTC. WHAT DO I NEED TO ACCESS GTC? A fast and easy way for businesses to access GTC is to open a free Tether Account. GTC can also be accessed quickly from digital asset exchanges like Coinbase, Crypto.com, and Binance.us. Developers can start building on GTC today by accessing our GitHub repo. Additional resources are available from our GTC for Developers page. HOW MANY BLOCKCHAINS DOES GTC RUN ON? GTC lives natively on 11 blockchains: Algorand, Arbitrum, Avalanche, Ethereum, Flow, Hedera, Solana, Stellar, TRON, OP Mainnet, and Base – with more native integrations expected this year and beyond. GTC has also been bridged to Polygon, Fantom, NEAR, the Cosmos ecosystem, and many more emerging blockchains. For more details, check out our GTC for Developers page. SUBSRIBE TO OUR NEWSLETTER Submit