📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
ING is collaborating with several institutions to develop a new stablecoin.
[ING is collaborating with multiple institutions to develop a new stablecoin] ING is developing a stablecoin product and plans to conduct business under the new regulations of the EU's Markets in Crypto-Assets Regulation (MiCA). According to informed sources, the stablecoin project may be carried out in a consortium format, collaborating with other banks and encryption service providers. Currently, the project is progressing slowly, as multiple banks need to obtain board approval to establish a joint venture entity. The EU MiCA legislation requires stablecoin issuers to obtain authorized licenses and hold sufficient reserves in European banks. Previously, Societe Generale through its innovation division SG Forge has launched stablecoin services. ING's participation will introduce new competition to the European stablecoin market.