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Mastercard plans to acquire the crypto infrastructure company Zerohash for $1.5 to $2 billions to strengthen its stablecoin strategy. Previously, it had bid for BVNK but was outpaced by Coinbase. The stablecoin sector continues to grow in popularity, with major companies accelerating the acquisition of related startups. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Quick Take Summary is AI generated, newsroom reviewed. The conclusion of the 120-day OCC review for Ripple National Trust Bank is set for October 30. Approval could allow Ripple to manage digital assets under a national banking license and integrate its blockchain with the U.S. financial system. Ripple's strong compliance and utility-based approach, including its RLUSD stablecoin, may fast-track the approval process. The potential bank approval is seen by investors as a major validation of Ripple's long-te
The article explores the true motivation behind the change in the Federal Reserve chair, pointing out that the core issue is the massive U.S. national debt and fiscal deficit, rather than inflation. Trump has hinted at the possibility of using cryptocurrencies to address the debt problem, and the next chair may promote the integration of digital assets as national financial tools. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.
- 04:59U.S. stock index futures narrow losses, with S&P 500 and Nasdaq futures turning flat again.Jinse Finance reported that the decline in U.S. stock index futures has narrowed, with S&P 500 index futures and Nasdaq index futures returning to flat. (Golden Ten Data)
- 04:40ChainFeeds co-founder: Facilitators still play an important role in the adoption of x402Jinse Finance reported that Zhixiong Pan, co-founder of ChainFeeds, posted on X platform stating that facilitators remain very important for the adoption of x402. Most ordinary developers do not understand the details of contract calls or RPC processing, so it is reasonable for facilitators to handle these matters. Unless there is another fast and simple way to completely abstract the facilitator's logic into a functional layer, allowing developers who do not understand blockchain to use it (which is not impossible), facilitators will still play a significant role.
- 04:40IQ partners with Frax to launch KRWQ, a Korean won stablecoinJinse Finance reported, citing TheBlock, that IQ has partnered with Frax to launch the Korean won stablecoin KRWQ. This is the first Korean won stablecoin issued on the Base Ethereum Layer 2 network under a certain exchange, and the KRWQ-USDC trading pair has already been launched on Aerodrome.