The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows.

[Coinbase received a total of 1,007,000 UNI, valued at approximately $5.658 million] At around 15:12, Coinbase received two large UNI transfers from anonymous addresses, totaling 1,006,835.83 UNI (with a total value of approximately $5.658 million), consisting of 416,577.03 UNI (approximately $2.341 million) and 590,258.8 UNI (approximately $3.317 million).

Binance FIL/USDT perpetual trading volume surged fivefold within 10 minutes, with a turnover of $114 million in the past 24 hours, an increase of 0.40% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[Michael Saylor says major banks like BNY Mellon have started issuing Bitcoin-backed loans] MicroStrategy founder and executive chairman Michael Saylor stated that several major banks, including BNY Mellon, Wells Fargo, Bank of America, Charles Schwab, JPMorgan Chase, and Citigroup, have begun issuing loans backed by Bitcoin.

[Japan to Require Crypto Exchanges to Hold Liability Reserves or Purchase Insurance] Japan will require cryptocurrency exchanges to hold liability reserves or purchase insurance to ensure compensation for customers in the event of a hacking incident.