US Treasury Secretary Besent posted on X platform, stating that recent reports predict that the stablecoin market size in the next decade could reach $37 trillion. With the passage of the GENIUS Act, the outlook for the stablecoin market will be even brighter. The stablecoin ecosystem will drive private sector demand for US Treasury bonds, which are the support for stablecoins. This new demand is expected to lower government borrowing costs, help control national debt, and may also attract millions of new users globally to join the dollar-based digital asset economy, creating a win-win situation for all participants.

President Trump of the United States: Federal Reserve Chairman Powell should cut interest rates by 250 basis points.

12:00-21:00 Keywords: Fetch.ai, JPMorgan, LOT, Abraxas Capital

 according to the Financial Times: Musk's X will be built into a "super app", which will include functions such as investment and trading; X is also exploring the introduction of credit cards or debit cards.

according to the Financial Times, Linda Yacarino, CEO of social media platform "X", said that users will soon be able to invest or trade on the platform.

the blockchain startup Units.Network has completed a $10 million financing round led by Nimbus Capital. This funding will be used to enhance infrastructure and support the development of AI-driven products, including the AI Launchpad and AI Liquidity Manager planned to be launched later this year. In addition, the financing will also help expand validator capacity and improve cross-chain liquidity.

Hackers behind the $100 million Nobitex exploit have released the exchange’s full source code, escalating tensions amid the Israel-Iran conflict.

Wednesday’s rally reflects investor confidence that Circle will be the chief beneficiary if the U.S. formally embraces stablecoins as digital cash equivalents.

Shan Hanes, the former CEO of Heartland Tri-State Bank, wired millions in embezzled funds to scammers who promised crypto riches and was arrested in 2024. Now, a DOJ complaint shows he was the single largest victim in a global "pig butchering" USDT laundering network.

Bitcoin price was little changed and traded just above $104,000 as policymakers expect stickier inflation and slower growth.