Gate Completes Dividend Credits in Tether for U.S.-Listed Stocks and ETFs

Gate has finished settling cash-dividend credits in Tether (USDT) for eligible U.S.-listed stocks and ETFs, applying a 10% withholding deduction before the funds reached users. Eligibility depended on whether a user's holdings were included at the applicable snapshot time. Gate processed the settlement automatically, and users did not need to request payment. The amount credited was calculated as 90% of the per-share dividend multiplied by eligible holdings. The covered companies had dividend payment dates between Oct. 13 and Oct. 16, 2026. Examples included Intuit (INTU), Thermo Fisher Scientific (TMO), Mondelez (MDLZ), Monolithic Power Systems (MPWR) and Lam Research (LRCX).

Source: TokenPost