Gate Square Daily Report | February 28

1️⃣ Ecosystem Development: The first phase of the Gate Booster promotion plan has launched, strengthening the TradFi content ecosystem and helping creators provide in-depth analysis of the integration of traditional assets and cryptocurrencies.
2️⃣ Market Dynamics: Tether's secondary market valuation has reached as high as $375 billion, with the largest shareholder's net worth possibly surpassing Buffett. The wealth effect of stablecoin giants has sparked widespread discussion.
3️⃣ Regulatory Trends: SEC Chair admits the U.S. missed the crypto regulation window and is accelerating the modernization of rules, with industry compliance expected to speed up.
4️⃣ Traditional Finance: Morgan Stanley has applied for a banking license, increasing its digital asset custody and staking services, as traditional institutions accelerate their crypto strategies.
5️⃣ Institutional Holdings: Jack Dorsey's Block has added 340 BTC, worth $22 million, continuing to be optimistic about Bitcoin's long-term value.