Tether CEO: Expected profit of $15 billion this year, with a profit margin of up to 99%
according to Tether CEO Paolo Ardoino, Tether is expected to achieve a profit of $15 billion within the year, with a profit margin as high as 99%.
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- Coinbase's x402 protocol surged 10,780% in transactions post-PING launch, enabling AI-native payments via HTTP 402. - PING token drove $140k+ weekly volume, with Binance's integration amplifying speculation and market cap growth. - a16z forecasts $30T in AI-driven transactions by 2030, positioning x402 as foundational for autonomous commerce. - Volatility and regulatory scrutiny highlight risks in tokenization's rapid adoption despite protocol's technical promise.

Patience Rewarded: Polymarket’s Postponed Token Sparks $15B Jump in Valuation
- Polymarket plans to launch a native token and airdrop after reentering the U.S. market via a $112M QCX acquisition. - The token prioritizes "real utility" and fair distribution, with 5-10% allocated to user-based airdrop rewards. - Institutional backing including ICE's $2B investment has driven Polymarket's valuation to $12-15B, up from $1B in June. - Strategic U.S. expansion includes NHL partnerships and DraftKings integration, positioning it as a crypto-traditional finance bridge.

China's Stablecoin Restrictions: Authorities Balance Technological Progress with Economic Security
- China's regulators halt mainland firms' stablecoin projects in Hong Kong to address financial stability risks. - Global stablecoin usage expands beyond crypto trading, but high fees persist, with USDT dominating the market. - Kyrgyzstan launches KGST stablecoin and plans a CBDC to boost international settlements and digital currency adoption. - Experts note China's regulatory actions aim to balance innovation with risk management, maintaining competitiveness against the U.S.
AI Agents Liberated from Subscription Fees: x402-Powered aixbt Jumps by 32.8%
- Aixbt token surged 32.8% after integrating with x402, a Coinbase-backed protocol enabling AI agents to autonomously transact using stablecoins without subscriptions or KYC. - The update grants access to real-time data on Web3 trends and metaverse projects, aligning with x402's vision for low-cost, decentralized AI-driven interactions. - Despite ecosystem fragmentation and competition among 15+ facilitators, x402's institutional backing from Google and Visa highlights growing confidence in monetizing AI s

