Gate Square Daily Report | February 28

1️⃣ Ecosystem Development: The first phase of the Gate Booster promotion plan has officially launched, enhancing the TradFi content ecosystem and enabling creators to deliver deeper insights on the integration of traditional assets and cryptocurrencies.
2️⃣ Market Dynamics: Tether’s secondary market valuation has soared to $375 billion, with its largest shareholder’s net worth potentially surpassing Buffett’s. The wealth effect of stablecoin giants is fueling widespread discussion.
3️⃣ Regulatory Trends: SEC Chair admits the U.S. missed the crypto regulation window and is now accelerating the modernization of rules, which is expected to boost industry compliance.
4️⃣ Traditional Finance: Morgan Stanley has applied for a banking license, expanding its digital asset custody and staking services as traditional institutions ramp up their crypto strategies.
5️⃣ Institutional Holdings: Jack Dorsey’s Block has added 340 BTC, worth $22 million, signaling continued optimism about Bitcoin’s long-term value.
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