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iQIYI founder and CEO Gong Yu stated: "In the fourth quarter, our IP-centric strategy consolidated the platform's user engagement and market leadership, driving improved financial performance and achieving both year-on-year and quarter-on-quarter growth in total revenue." The development of AI large models has made iQIYI clearly realize that the film and television content production industry will undergo disruptive changes in the future. Gong Yu said: "We anticipate that within 2 to 3 years, there will be commercially successful blockbusters primarily generated by AI." Expand

BlockBeats News, February 27th, Federal Reserve's Guerllespey stated, "Rates can be cut, but I don't want to cut them significantly before inflation eases. We will let the economy overheat, not do this. I hope we proceed cautiously. I am one of the most optimistic in the Fed about rate cuts this year. The job market is stable, and the economy has been strong." (Krypton Capital)

According to Odaily, U.S. lawmakers have once again discussed the yield mechanisms of stablecoins, with some legislators expressing concerns that the yields offered by stablecoins could lead to an outflow of bank deposits and blur the boundaries between crypto products and traditional bank deposits. At a Senate Banking Committee hearing, Senator Angela Alsobrooks stated that while she supports financial innovation, the yield mechanisms of stablecoins could create products similar to bank deposits but lacking corresponding regulation and protection measures, potentially triggering future risks of deposit outflows. The issue of stablecoin yields has long been a core topic in crypto market legislative negotiations. The GENIUS stablecoin bill passed in 2025 has prohibited stablecoin issuers from directly paying interest to holders, but it does not ban third-party platforms such as exchanges from offering holding rewards to users. Banking industry representatives believe that allowing stablecoins to offer yields would weaken the deposit base of the traditional banking system. Previous research by the Independent Community Bankers of America indicated that if stablecoin yield mechanisms were fully opened, bank deposits could decrease by about 1.3 trillions USD, and community bank lending could fall by approximately 850 billions USD. The crypto industry, on the other hand, argues that restricting stablecoin yields would stifle innovation. Some industry insiders point out that there is currently no evidence of a significant correlation between the popularity of stablecoins and the loss of bank deposits. Senator Thom Tillis stated that he would require regulators to conduct an independent assessment of the risks of deposit outflows potentially triggered by stablecoins. Meanwhile, the White House has recently organized multiple rounds of meetings between banks and crypto companies and hopes to reach a solution on the stablecoin yield issue by the end of this month.