A certain trader placed three bets on Arsenal to win within three days, with a total profit of 3.67 million USD

Gate Research Institute: Will stablecoins be able to meet the marginal demand for US dollars as the US dollar weakens in 2026?

Summary: The depreciation of the US dollar results from a combination of declining real purchasing power, gradual strengthening driven by fiscal policy, and long-term changes in real interest rates and holding costs. Traditional banking systems, constrained by regulation, capital requirements, and risk weights, generate spillover demand for US dollars, and stablecoins precisely fill this demand gap. Differences in regulatory frameworks and business positioning lead to variations in collateral structures among different stablecoins, while internally, an implicit credit hierarchy also forms. The quality, transparency, and credibility of stablecoin collateral and issuers are becoming key factors in determining their price stability, liquidity priority, and long-term funding preferences. Once stablecoins reach a certain scale, they have begun to become an important structural force influencing short-term US dollar interest rates. Looking ahead to 2026, stablecoins are more likely to serve as a "water reservoir" and distribution layer for the US dollar, with their reserve assets providing stable short-term US Treasury purchases, which in turn are influencing the dollar itself.

A certain wallet spent 1 million USDC in the past 5 hours to buy PAXG and XAUT.

PANews March 2 News, according to Lookonchain monitoring, the dormant wallet (0x1C70) has suddenly become active in the past five hours, spending 1 million USDC to buy PAXG and XAUT. The wallet still holds 4 million USDC and may continue to buy.

Whale "0x96d" Purchases 145,741 HYPE Tokens Worth $4M USDC

Gate News bot message, in the past 24 hours, a whale identified as "0x96d" has spent $4M USDC to buy 145,741 HYPE at $27.45, and is currently having a floating profit of over $500K.

PengoPay Expands Stablecoin Payments With $USDT and $USDC

PengoPay is a multi-chain stablecoin payment platform supporting Ethereum and Solana, facilitating secure transactions with Tether and USDC. It aims to enhance global transaction security and expand to more blockchains, minimizing hacking risks while meeting user needs.