News

ChainCatcher news, according to official data, Sun Wukong (@sunwukong_DEX) delivered an impressive performance yesterday: single-day trading volume exceeded 100 millions USDT, once again setting a new platform record; a 29% increase compared to the previous period, with trading activity and user engagement continuing to rise. The latest round of deep optimization has shown remarkable results: BTC and ETH 0.1% depth increased by 131% and 134%, respectively. As the world's first Chinese-language decentralized contract trading platform, Sun Wukong is continuously consolidating its leading position in the on-chain contract sector with product highlights such as zero-slippage matching and a high-speed order matching engine. The stronger the depth, the more stable the volatility, which also means a comprehensive upgrade of the trading experience. Sun Wukong's ongoing investment in "performance as experience" continues to create new legends on-chain. Sun Wukong's journey has just begun. Experience it now:

Jinse Finance reported that the US payment network Zelle is considering leveraging stablecoin technology for international expansion. Cameron Fowler, CEO of Early Warning Services, stated: "Zelle has changed the way Americans transfer money domestically. Now, we are working to provide consumers with the same fast and reliable service for cross-border remittances through Zelle. Our goal is to bring Zelle's credibility, speed, and convenience to consumers with international remittance needs." Early Warning Services is responsible for operating Zelle. The company said that this initiative, the details of which remain unclear, "marks an important step for Zelle in expanding its global business by utilizing stablecoins." According to a report last month, Zelle has been exploring the issuance of its own stablecoin. According to Early Warning Services, the total amount of transfers completed through Zelle last year was about $1 trillion. Although other payment networks such as PayPal and Wise process a large number of cross-border payments, and many crypto companies are also trying to compete by offering low-cost international remittance services, Zelle has a large customer base that may be interested in the ability to transfer funds to other countries.