News

Jinse Finance reported that when asked about the issue of U.S. Secretary of Defense Hegseth convening senior U.S. military leaders from around the world for a meeting next week, U.S. President Trump responded: "I think that's fine... Is there a problem with that? Why make it such big news?" Vice President Vance stated: "This is not particularly unusual... What's strange is that you are making it into big news." Previously, some media reported that Hegseth had requested "hundreds" of admirals and generals stationed around the world to gather at the Marine Corps base in Virginia early next week, for reasons unknown.

Jinse Finance reported that Citibank has released its latest report, raising its forecast for global stablecoin issuance in 2030 to $1.9 trillion under the baseline scenario, and up to $4 trillion in a bull market scenario. The report points out that stablecoins could support up to $200 trillion in annual transaction volume. However, the report predicts that due to enterprises’ demand for regulatory assurance, the transaction volume of bank tokens (such as tokenized deposits) may eventually surpass that of stablecoins, with transaction value expected to exceed $100 trillion by 2030. Citi believes that stablecoins, bank tokens, and central bank digital currencies (CBDCs) will coexist and jointly reshape the financial infrastructure.