💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Viewpoint: If USDH completely replaces USDC on the Hyperliquid platform, the circulating supply of USDC is expected to decrease by 7%.
Odaily News Community member Omar posted on social platform X that as Hyperliquid is about to launch its native stablecoin USDH, Hyperliquid currently holds 5.5 billion USD in USDC deposits. Omar expects that if these deposits are fully converted to USDH, it will bring an incremental income of 220 million USD to Hyperliquid token holders. Based on a 4% annual interest rate, this income will increase Hyperliquid's total revenue by about 17% (compared to the current revenue level). For Circle's shareholders, if a full conversion occurs, the USDC circulating supply will decrease by 7%, potentially leading to a reduction of about 220 million USD in annual revenue for Circle (based on USDC transaction fees or other sources of income).