PANews reported on September 25th that official data indicates that the total subscription amount for the first Plasma (XPL) listing on Gate Launchpad has exceeded $100 million. This subscription event marks the first time that Gemini Dollar (GUSD) has been used as the sole subscription asset. The subscription ends at 18:00 (UTC+8) on September 25th, with only five hours remaining. The current pre-market price of XPL is 0.78 USTD, and the subscription price is 1 XPL = 0.35 GUSD.

Gemini Dollar (GUSD) is a high-quality, yield-generating asset backed by Gate ecosystem revenue, Treasury bonds (RWAs), and stablecoins. Users simply hold GUSD and automatically receive a 4.4% annualized return on their GUSD daily. Users who invest GUSD in other financial products also receive returns from those products, achieving a dual interest return.