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VIPBitget VIP Weekly Research InsightsStablecoins have recently emerged as a key focus for central banks and financial institutions, with the potential to reshape global payment systems and financial infrastructure. According to data from Chainalysis, stablecoins have surged to a monthly trading volume of trillions of dollars, accounting for 60% to 80% of total cryptocurrency trading volume. This explosive growth has attracted significant attention from traditional financial players, who are accelerating their integration into the digital economy by issuing stablecoins, contributing to blockchain network development, and offering related financial services. In the U.S., financial giants such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are exploring the potential of jointly issuing stablecoins. At the same time, regulatory discussions surrounding stablecoins and the proposed GENIUS Act are gaining significant momentum in mainstream media. In the Web2 world, traditional companies like Stripe have entered the space by acquiring Bridge to build out stablecoin payment capabilities. Meanwhile, Circle has emerged as one of the most influential crypto firms in the U.S. stock market, second only to Coinbase, driven by the success of its USDC stablecoin. In the DeFi space, Yield-Bearing Stablecoins (YBS) are drawing substantial capital inflows with their innovative interest-generating mechanisms.
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- 12:42Vitalik shares post on "10 Years of Zero Maintenance for Ethereum"According to Jinse Finance, Vitalik Buterin reposted on X: Ethereum has been running continuously for ten years with zero downtime and zero maintenance. Meanwhile, Facebook experienced a 14-hour outage, Cloudflare abandoned 19 data centers, and other Layer 1 networks have faced multiple issues. Ethereum will never stop—whether it's forks, crashes, bubbles, lawsuits, hacks, or any dramatic events the internet might trigger. Even as banks collapse and servers require patching, Ethereum continues to operate.
- 12:12Everbright Securities: Stablecoins Will Drive the Rise of RMB Global Payment ActivityAccording to a report by Jinse Finance, Everbright Securities has released a research paper stating that the global retail cross-border payments market will reach $39.9 trillion in 2024. FXC Intelligence forecasts that this figure will rise to $64.5 trillion by 2032, with a compound annual growth rate of 6.2% from 2024 to 2032. In business areas such as RMB cross-border clearing and multi-currency settlement, third-party payment institutions have become deeply integrated into the full-chain payment service ecosystem, playing a vital role. It is expected that stablecoins will drive the global expansion of RMB cross-border payment infrastructure and diversify application scenarios, thereby creating significant revenue growth opportunities for third-party payment companies. (Daily Economic News)
- 12:12Yonhap News: South Korean Finance Minister may hold tariff talks with the United States on July 31According to Jinse Finance, Yonhap News Agency reports that South Korea's Finance Minister may hold tariff negotiations with the United States on July 31.