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  • 23:03
    Ethereum-Based Stablecoin Adoption Reaches All-Time High
    According to Jinse Finance, the adoption rate of Ethereum-based stablecoins has reached a record high, with over 750,000 unique weekly users, setting a new all-time high. USDT and USDC together account for the majority of the approximately $134 billion stablecoin market on the network.
  • 22:52
    US SEC Commissioner Hester Peirce: Physical Redemption for Crypto ETFs May Soon Become a Reality
    According to a report by Jinse Finance, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce stated that in-kind redemptions for crypto exchange-traded funds (ETFs) may soon become a reality. During a panel discussion at the Bitcoin Policy Institute on Wednesday, Peirce was asked whether the SEC would approve in-kind creation and redemption, and if this was “just around the corner.” She responded, “These (applications) are moving through the process... so I think at some point it is definitely ‘just around the corner.’ I can’t predict the outcome, but we have heard a lot of interest.”
  • 22:43
    EU Proposes Allowing Interoperability Between EU and Non-EU Stablecoins to Strengthen MiCA Regulatory Framework
    According to sources cited by Jinse Finance, the European Commission is set to issue guidance clarifying that, under the Markets in Crypto-Assets Regulation (MiCA) framework, stablecoins issued by EU-licensed companies can be used interchangeably with similar tokens issued by their non-EU subsidiaries (interoperable and fungible). This move aims to enhance regulatory clarity and address compliance concerns raised by French regulators.
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