Overview of Important Developments on the Afternoon of September 13

7:00-12:00 Keywords: Tether, El Salvador, Trump

1. Tether's net profit in the second quarter reached $1.3 billion, setting a new historical high;

2. ANZ Bank: The Federal Reserve will cut interest rates by 200 basis points in this easing cycle;

3. El Salvador's President Nayib Bukele's push for Bitcoin may be more of a PR strategy;

4. Trump: The crypto project World Liberty Financial will launch on September 16;

5. Shanghai Headquarters of the Central Bank: Exploring new models for cross-border remittance and tax payment business based on Blockchain technology;

6. The usage of stablecoins surged in the first half of 2024, reaching a value of approximately $2.6 trillion;

7. Coinbase's Head of Research: Ethereum network activity and supply inflation are key factors in its underperformance.