Partnerships & Ecosystem

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Mega Bank's Director Rui-bin Zhuang tests stablecoin remittances, but the costs of blockchain are misunderstood.

Mega Financial Holding Co. held a media briefing on the 10th. Chairman Dong Rui-bin revealed that to objectively compare the efficiency of bank and blockchain remittances, Mega Bank mobilized 17 countries worldwide and 25 overseas branches last year for testing. Branch staff opened accounts at local legal exchanges and used the virtual asset trading platform BitoPro to trade USDT stablecoins, transferring 50 USDT each time back to Taiwan, and compared this with traditional bank cross-border wire transfers. The results showed that stablecoins do have advantages for small-scale cross-border remittances. However, for remittance amounts exceeding the equivalent of NT$200,000 (about $7,000 USD), banks remain more cost-competitive. Mega Experiment: Banks Are More Cost-Effective for Transfers Over $7,000 USD The test results indicated that in the scenario of "paying NT$ in Taiwan and receiving local currency at the destination," bank wire transfers generally arrive within about 2 hours, with a fee of approximately
ETH1,27%
USDC-0,02%
ChainNewsAbmedia·35m ago

Preventing Insider Trading! Polymarket teams up with Palantir, a company owned by Peter Thiel, to develop AI monitoring tools, paving the way for expansion into the U.S.

Decentralized prediction market Polymarket is collaborating with data company Palantir and TWG AI to develop AI monitoring tools for sports betting to detect abnormal trading and prevent insider trading. This system will be used for Polymarket's new US compliance platform, demonstrating its efforts to re-enter the US market and respond to regulatory measures from competitor Kalshi.
動區BlockTempo·4h ago

Tron TRON Ecosystem DeFi Platform Sun.io Core Token $SUN connects to AlchemyPay fiat on-ramp.

Gate News Announcement, March 10 — According to official sources, the core token $SUN of the TRON ecosystem DeFi platform Sun.io has integrated with AlchemyPay's fiat on-ramp. Users can purchase SUN tokens directly with fiat currency, gaining convenient on-chain financial services. This integration lowers the participation threshold for users and brings new development momentum to the TRON ecosystem.
SUN-0,69%
GateNews·8h ago

Gate for AI upgrades CEX MCP module, AI Agent can directly invoke centralized trading capabilities

Gate announces the upgrade of its AI Agent infrastructure, adding the CEX MCP module, enabling AI to directly access the centralized trading capabilities of exchanges, achieving real-time market data retrieval and trading operations, including order placement, order cancellation, and asset management, forming a complete system from market analysis to trade execution.
GateNews·8h ago