gate Research Institute: Ondo Finance TVL surpasses $1 billion, USDC becomes the first approved USD stablecoin in Japan

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Gate Research Institute Daily: On March 5, the price of Bitcoin rose by 4.32% to 87,733.4 USDT, and the price of Ethereum rose by 5.35% to 2,182.01 USDT. Ondo Finance TVL exceeds 1 billion US dollars. Morph TVL exceeds 20 million US dollars. Solana network fees have dropped to 1.16 million US dollars. USDC becomes the first approved US dollar stablecoin in Japan. In February, the market value of 14 Bitcoin mining companies dropped by 22%. The White House supports the repeal of the cryptocurrency broker rule, and DeFi regulation may usher in a turning point.

  • Market Review: The price of Bitcoin rose by 4.32% to 87,733.4 USDT, and the price of Ethereum rose by 5.35% to 2,182.01 USDT.
  • Popular Tokens: The popular altcoins in the past 24 hours are PURR, RLC, SFM, with increases of 24.53%, 22.78%, 79.37% respectively.
  • Highlights : Ondo Finance TVL breaks 1 billion US dollars; Morph TVL breaks 20 million US dollars.
  • Hot Review: USDC becomes the first approved USD stablecoin to be used in Japan.
  • Market Opportunities: Flowdesk provides trading solutions covering market making, liquidity provision, OTC trading, brokerage services, and fund management. It has completed a $102 million financing.

Explore today's details → Ondo Finance TVL surpasses 1 billion US dollars, USDC becomes the first approved USD stablecoin in Japan

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Gate.io March 5, 2025

ONDO-1.65%
USDC0.01%
BTC-0.48%
ETH1.7%
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