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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward - 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
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The United States slashes the Stablecoin A7A5 supported by the Ruble.
The U.S. Department of the Treasury (OFAC) has just slashed A7A5, a stablecoin pegged to the Russian ruble, along with its developer A7 LLC and related entities, following similar actions from the UK and EU. The price of A7A5 fell 13% to 0.0105 USD, but confidence in other stablecoins like Tether (USDT) remains unaffected, although data shows that USDT is involved in many transactions.
Launched in Kyrgyzstan in 2025, A7A5 quickly took the lead in the ruble stablecoin market, processing up to 41.2 billion USD in transactions, with a market cap of 521 million USD. A7 LLC co-owns with the Russian state-owned bank Promsvyazbank, while the issuer Old Vector LLC is also under sanctions.
A7A5 has grown significantly after the Garantex exchange was dismantled, taking over its role through Grinex. OFAC has also placed Garantex co-founder Sergey Mendeleev and related entities, including Exved and Indefi Smartbank, on the sanctions list.