BSC News

U.S. spot @Ripple $XRP exchange-traded funds are back in positive territory. The products are up roughly $4.25 million in net flows so far this week, following their first weekly net outflow in around three months.
Inflows resume after a short break
Last week's reversal was modest. TokenPost reported that U.S. spot XRP ETFs recorded about $1.84 million in net outflows during the October 12 to 16 trading week, ending 13 consecutive weeks of net inflows. The preceding week had brought in $11.31 million, according to the same report.
The outflow was concentrated in a single product. Canary Capital's XRPC fund accounted for a $2.47 million outflow on October 16, per TokenPost. Crypto Briefing noted that this was the first negative week since mid-July.
Flows have since turned. Data from SoSoValue cited by TokenPost show XRP spot ETFs attracted $3.55 million on October 22, a second consecutive day of net inflows, with Franklin Templeton's XRPZ accounting for all of it. FXStreet separately reported about $709,000 in inflows on Wednesday after two days of muted activity.
Assets near $1.5 billion lead the altcoin ETF field
The funds remain among the largest in the spot altcoin ETF category. SoSoValue data cited by U.Today put net assets at $1.49 billion, with cumulative historical inflows above $1.8 billion. Crypto Briefing said total net assets sit between roughly $1.47 billion and $1.57 billion depending on the reporting date, and that the gap versus cumulative inflows reflects movements in the price of the underlying XRP.
That price backdrop has been weaker. FXStreet noted that XRP has been trading near the $1.30 level, with technical indicators pointing to a fragile structure. Analysts caution that weekly flow data does not explain why investors move money, and TokenPost stressed that one negative week does not establish a sustained change in demand.
For now, the return to inflows suggests the October outflow was a brief pause rather than a reversal of demand. Whether the trend holds will depend on both fund flows and the direction of XRP's price in the coming weeks.
Sources
TokenPost: XRP Exchange Deposits Reach Seven-Month High as ETF Streak Ends
TokenPost: Altcoin spot ETF flows on October 22
Crypto Briefing: XRP ETFs post $1.84M in outflows

Baby Doge Coin (BabyDoge), the dog-themed memecoin built on BNB Chain, is closing in on 2 million holders on the network.
According to data from BscScan, the @BabyDoge token now has about 1,956,684 holders on @BNBChain. That leaves it roughly 43,000 addresses short of the 2 million mark on $BNB Chain alone.
Steady growth in holder count
BscScan's token tracker showed 1,952,433 holders for BabyDoge as of October 18, 2026, with an onchain market capitalisation of about $146 million. The count therefore rose by roughly 4,000 holders in the days since that snapshot. The tracker describes the project as a memecoin built on BNB Chain with a mission to raise awareness of animal adoption, and lists utilities such as an AI image and meme generator, a swap, a card and NFTs.
Holder counts on block explorers measure unique wallet addresses, not unique people, so the figure is an indicator of reach and not a precise count of investors.
Multichain presence could mean the milestone is already passed
BabyDoge is not limited to BNB Chain. Crypto Times reported in November 2024 that the token expanded to Solana alongside a bridge between BNB Chain and Solana, which charges a 1% fee on bridge transactions that goes toward burning tokens. Uniswap's token page also lists the asset across four networks: Ethereum, Base, Solana and BNB Chain.
If holders on @Ethereum and @Solana were added to the BNB Chain total, the combined figure for the original token could already exceed 2 million. That cannot be confirmed from a single explorer, because the same person may hold the token on more than one chain and each network reports its own count.
The 2 million figure on BNB Chain is a round-number milestone, but it also reflects how widely the memecoin has spread since its 2021 launch.
Sources
BscScan: Baby Doge Coin (BabyDoge) token tracker
Crypto Times: BabyDoge expands to Solana with BNB bridge launch
Uniswap: Baby Doge Coin token page

Activity in Canary Capital's spot @Hedera ETF has been subdued this month, raising questions about investor appetite for $HBAR exposure. The Canary HBAR ETF (ticker: HBR) has recorded net flows on only three days in October, and one of them, October 16, was only the product's second day of net outflows since launch, at about -$559K.
Quiet flows after a slow start
HBR is not the first time the fund has struggled for traction. Canary Capital announced the launch of the Canary HBAR ETF (Nasdaq: HBR), a U.S. exchange-traded fund providing spot exposure to HBAR, the native token of the Hedera network. It began trading on October 28, 2025. On that first day, both it and Canary's Litecoin fund recorded zero net inflows.
Demand picked up briefly afterwards. On October 30, 2025, HBR inflows reached $29.9 million, bringing cumulative net inflows to $32.11 million and net assets to $33.05 million, according to SoSoValue data reported by Yahoo Finance.
Recent sessions have been far quieter. Data compiled by SoSoValue and reported by TokenPost shows that on October 22, 2026, HBR recorded net inflows of $107,442 after three trading days with no net flows, with net assets of $63.39 million, equivalent to 1.78% of HBAR's market capitalization. Earlier in the week, the fund saw zero net flows on October 21, its third quiet session in a row.
What it means for more Hedera ETFs
The weak flow pattern is not new. In August, one report noted that daily ETF flows have been uneven, with the fund recording only one day of net outflows since launch and flows turning close to flat. The same report said inflows remain modest, price action has stayed range-bound, and pending catalysts like the CLARITY Act have not yet resolved.
That matters for issuers weighing new products. If trading and flows do not improve, it appears unlikely that additional Hedera ETFs will follow. Fund sponsors typically look at sustained inflows and trading volume when deciding whether a new listing is worth the cost, and HBR's recent record offers little encouragement.
For now, HBR remains the main regulated route into HBAR in the US. Whether October's muted activity is a temporary lull or a sign of fading interest will become clearer as the market moves into the final weeks of the year.
Sources:
TokenPost: Altcoin spot ETF flows on October 22, 2026
Yahoo Finance: HBAR and Litecoin ETFs show life after silent debut
Business Wire: Canary Capital launches spot HBAR ETF

@PythNetwork has added US Treasury data to Pyth Pro, its subscription market data service for institutions. The new offering covers 14 US Treasury indices across seven terms from two to 30 years, with a yield feed and a pricing feed for each. Pyth has also widened its commodity futures coverage and added more round-the-clock crypto price feeds.
What the Treasury feeds cover
According to Pyth's announcement, the yield and price feeds span the 2-year to 30-year maturities, and the short end of the curve, from one month to one year, is still in development. The company said the data is contributed by institutions that are active in US Treasury markets.
Pyth said onchain products built on Treasuries have faced a data problem, because the yields used to price rate products and the instrument prices that back collateral often come from different vendors. Teams building tokenized Treasuries have had to assemble that picture themselves. Crypto Economy reported that the yield feeds can be used to build rate curves and price credit products, while the price feeds can be used to value positions and calculate margins.
Background on Pyth Pro and the PYTH Reserve
Pyth Pro launched in September 2025 as a subscription service for institutional-grade data across crypto, equities, fixed income, commodities and foreign exchange. In its launch press release, Pyth said prices are contributed directly by leading trading firms, exchanges and banks. The service was developed with Douro Labs, and the launch marked Pyth's entry into what it described as a $50 billion institutional market data industry.
Pyth Network's token, $PYTH, is a Solana-based asset. Network revenue feeds into the PYTH Reserve, a mechanism that uses a portion of monthly revenue to buy PYTH on the open market. Pyth said that revenue comes from four products: Pyth Pro, Pyth Core price feeds, Pyth Entropy and Pyth Express Relay. Messari's State of Pyth report put the allocation at 33% of monthly revenue.
The Treasury addition extends Pyth Pro further into traditional fixed income data, a market long served by incumbent vendors such as Bloomberg, LSEG, ICE and S&P Global, according to FinanceFeeds.
Sources
Pyth Network: U.S. Treasury yields and prices live on Pyth Pro
Business Wire: Pyth Network Launches PYTH Reserve
Messari: State of Pyth Q4 2025

South Korea plans to bring stablecoins under its foreign exchange rules by treating them as payment instruments. The Bank of Korea (@bok_hub) says it will work with the government this year to draft changes to the Foreign Exchange Transactions Act.
In a business status report submitted for the National Assembly audit, the central bank said it is consulting with the government on how to regulate cross-border transactions involving virtual assets. It is also preparing a monitoring system, including reporting through the foreign exchange data network.
Why the central bank is acting
The Bank of Korea explained that crypto transactions enable cross-border transfers outside traditional financial institutions, while tools such as mixers and unhosted wallets increase anonymity and make illicit activity easier. The move also responds to last year's National Assembly audit, when lawmakers urged the bank to establish a regulatory framework for virtual assets.
The amendment is still a plan. It is not yet enacted and will develop alongside the broader Digital Asset Basic Act. Reports on social media have described the shift as formal recognition of dollar stablecoins such as $USDT and $USDC. However, the ministry's official announcement describes a registration and reporting framework for virtual asset transfer businesses, and its published explanation does not establish a blanket reclassification of USDT or USDC as legally recognized payment instruments.
December 3 rules and the Digital Asset Basic Act
A separate change to the same law is already scheduled. South Korea will require registration and reporting for cross-border crypto transfers from December 3, including exchanges and private wallets. The amendment passed on May 7, 2026, and requires virtual asset transfer businesses to register with the Ministry of Economy and Finance.
The Financial Services Commission (@FSC_Korea) says talks on the Digital Asset Basic Act are in their final stage. FSC Chairman Lee Eog-weon told the National Assembly's Political Affairs Committee on October 22 that consultations are nearly complete. The act seeks to establish a comprehensive crypto framework, including licensing regimes for exchanges and rules for stablecoin issuance.
Key questions remain open. Unresolved points include platform oversight, limits on exchange ownership, and whether bank-led consortia should get priority to issue won-backed stablecoins. A National Assembly review is planned for November 2026.
Together, the two tracks would place stablecoin payments and cross-border crypto flows under both foreign exchange oversight and a dedicated licensing regime. Details of the Bank of Korea's draft amendment have not yet been published.
Sources:
The Block: South Korea to amend forex law to regulate stablecoins as payment instruments
crypto.news: South Korea to require crypto firms to report overseas transfers from December
PANews: Bank of Korea plans to amend Foreign Exchange Transactions Act

$USDT on @BNBCHAIN recorded $3.69T across 471 million transfers over the past 30 days, about 2.5 times the combined total of Tron and Ethereum, according to data from rwa.xyz. The figure places BNB Chain well ahead of the two networks that hold most of Tether's supply.
Small supply, very high turnover
The activity comes from a much smaller base. USDT on BNB Chain stands at $9.18B, compared with roughly $92B on Tron and $75B on Ethereum. On rwa.xyz's asset page, the BNB Chain supply is listed at about $9.18B, tagged as a bridged token rather than a native one.
That gap implies very different usage patterns. Each dollar of USDT on BNB Chain changes hands about 400 times a month, compared with roughly 8 to 9 times on Tron and Ethereum. The two larger networks hold far more supply, but much of it appears to sit in wallets, custody and exchange balances for longer periods.
Transaction counts point the same way. Data from the ACHIVX stablecoin scanner, which tracks settled USDT flows, shows BNB Chain carrying the most USDT transfers of any network at much smaller average sizes than Tron or Ethereum. That pattern is consistent with high-frequency, low-value activity rather than large settlement transfers.
What the totals include
The headline numbers count every transfer, including trading bots and contract activity. They are a measure of onchain movement, not of unique users or organic payment demand, and repeated transfers of the same funds are counted each time.
There is also a technical caveat on what "USDT on BNB Chain" means. According to an explainer citing Tether data, Tether-issued supply on BNB Smart Chain is $0, and the BEP-20 token there is Binance-Peg BSC-USD. Aggregators such as rwa.xyz classify it as bridged USDT, which is why it appears under the USDT label.
Tron remains the largest USDT network by supply. Datawallet, citing DefiLlama, put Tron's USDT at about $92.4 billion on 1 October 2026, roughly half of global USDT in circulation. The BNB Chain figures show that supply and activity can diverge sharply, and that raw transfer volume says little on its own about where stablecoin capital actually sits.
Sources
RWA.xyz: Tether USDt asset data
ACHIVX: USDT transfers by network
Datawallet: TRC20 USDT market data

Crypto scammers are concentrating their efforts on social media, and data from security firm @ChainPatrol shows how that plays out for a single project. Figures shared for Zebec indicate that X was the largest source of threats by a wide margin.
@ChainPatrol finds and blocks fake accounts, scam websites and fake crypto wallets that copy crypto brands. Its blocklist feeds into more than 20 wallets, including MetaMask and Phantom. Its clients include Coinbase and Polymarket.
What the Zebec data shows
@Zebec_HQ, the team behind $ZBCN (Zebec Network), is one of ChainPatrol's clients. ChainPatrol shared the threats it has blocked for Zebec since August 2025.
X was the biggest problem by far, accounting for 40% of threats. Fake websites came next at 24%. The remainder was spread across crypto addresses, Telegram and LinkedIn.
The split suggests that impersonation on social platforms is the main route scammers use to reach a project's community, with lookalike websites as the second most common vector. Fake accounts often reply to official posts or pose as support staff, then direct users to cloned sites designed to steal credentials or wallet access.
How the blocklist works
According to ChainPatrol's documentation, once a domain is confirmed as malicious it is added to the company's blocklist. ChainPatrol says these domains are then blocked across 20+ wallets, browsers and security platforms within minutes, including MetaMask and Phantom. Users who visit a flagged link see a warning.
The approach is built around speed and reach. ChainPatrol describes its blocklist as a database of confirmed malicious entities covering phishing websites, scam social media accounts and fraudulent wallet addresses. Even if a scammer sets up many copycat sites, each can be listed once detected.
MetaMask has publicly confirmed the relationship. In a MetaMask post on its phishing protections, the wallet describes ChainPatrol as its phishing detection provider and says the firm monitors social platforms including Twitter, Facebook and LinkedIn for brand impersonation and fake staff accounts. It also reports that ChainPatrol blocked more than 29,000 threats targeting Consensys, MetaMask and Linea between January and October 2024.
For crypto projects, the Zebec figures offer a practical reference point. Monitoring official channels on X and watching for lookalike domains appear to cover the bulk of the risk, though smaller vectors such as fake addresses, Telegram groups and LinkedIn profiles still require attention.
Users can reduce exposure by checking URLs before connecting a wallet, ignoring unsolicited support messages and relying on wallets that surface blocklist warnings.
Sources
How ChainPatrol Works (ChainPatrol documentation)
MetaMask and ChainPatrol protect users with phishing warnings (MetaMask)
The ChainPatrol Blocklist (ChainPatrol documentation)

@ethena, the protocol behind $ENA, has made its USDe dollar token native on @XLayerOfficial, the layer 2 network run by OKX. Users can hold and swap the token across the chain. The first integration is an @aave v3 market that gives OKX Wallet users direct onchain access to $USDe.
Liquidity provision and one-click USDe looping are due to follow through @wallet. Looping repeats borrowing and depositing to stack yield. Ethena says this is the first time OKX Wallet's millions of users can access its product suite.
What changes for USDe holders
USDe is a synthetic dollar designed to hold a value near one US dollar through collateral and hedged positions, according to a market summary by Ad-hoc-news. The same report cites an Aave assessment dated October 12, 2026, which counted 4.76 billion USDe outstanding.
The same Aave assessment is a useful reference point for how limited USDe's presence on X Layer was before this launch. It recorded 62.78 USDe on the chain and said the token had been bridged through LayerZero rather than minted natively at that point.
Aave's risk reviewer, LlamaRisk, supported listing USDe on the Aave V3 X Layer instance, on the condition that enough local DEX liquidity was in place for liquidators. Its assessment thread on the Aave governance forum said the team was expected to supply $5 million in DEX liquidity before launch.
About X Layer and the Aave link
X Layer is OKX's zero-knowledge layer 2 network. According to OKX's launch announcement, it was built with the Polygon Chain Development Kit and uses the OKB token for gas fees. OKX later said it wanted X Layer to focus on DeFi, payments and real-world asset applications, as set out in its PP upgrade announcement.
Aave is already a familiar venue for USDe. Oak Research notes that looping USDe on Aave and Pendle was one of the reasons behind Ethena's growth. Bringing a native version of the token to X Layer, with an Aave market in place, gives OKX Wallet users a direct route into that activity without leaving the wallet.
Looping amplifies both yield and risk, since borrowed funds are redeployed into the same position. Users should check collateral terms and liquidity conditions on the new market before using it.
Sources:
Aave Governance: Ethena USDe on Aave X Layer assessments
OKX: X Layer launch announcement
Oak Research: Ethena deep dive

Dogecoin ($DOGE) holders can send tips to any account on X through the MyDoge wallet, including recipients who have never used the app. The feature is run through the @MyDogeTip bot and relies on a request-and-confirm process rather than an instant transfer.
How MyDoge tipping on X works
@MyDoge users start a tip by posting to @MyDogeTip. The post includes the command 'tip', the recipient's user handle, and an amount. The post alone does not move any funds. The sender is required to confirm the tip from the MyDoge app. MyDoge never has access to the user's Dogecoin, and tips go directly from the sender's wallet to the recipient's wallet.
Recipients do not need to be existing users. If the recipient does not have the app or has not linked their X account, the tip shows as pending. Once that person creates a MyDoge wallet and links their account, the sender can complete the tip. In the current V3 version, the one thing that requires the Social Wallet is MyDogeTip, since tipping runs through the user's X account. The DogeOS team also notes that the sender connects their X account through MyDoge, posts the tip with the recipient and amount, and confirms it from the wallet. The network fee is paid by the sender when the tip is confirmed.
For recipients who are not yet set up, the bot replies with upgrade instructions. In recent bot replies, users are told to get MyDoge v3, connect X in the side menu, then post the tip again.
MyDoge now part of Dogecoin Labs
The tipping tool sits inside a newly reorganised Dogecoin ecosystem. Dogecoin Labs, a new company set up with the Dogecoin Foundation, launched on Wednesday to run the MyDoge wallet, the DogeOS application layer and Such App, a merchant payments tool. Jordan Jefferson, who founded MyDoge and DogeOS, is CEO.
The Foundation signed an agreement making Labs its official commercial partner, while it keeps its stewardship, open-source and community role. MyDoge says it has more than 500,000 users and recently rolled out V3. DogeOS, an EVM-compatible app environment for DOGE, opened a public testnet on Sept. 30, though no mainnet date has been given.
According to Benzinga, Dogecoin Labs aims to expand DOGE's utility beyond trading and tipping, with applications across payments, commerce, DeFi, gaming, artificial intelligence and social platforms. Tipping, long associated with Dogecoin's early internet culture, remains one of the simplest ways for new users to receive DOGE without setting up an exchange account first.
Sources
MyDogeTip on Twitter: user guide and non-custodial tipping explained
DogeOS blog: From Dogecoin Wallet to Dogecoin App
Unchained: Dogecoin Labs launches with MyDoge, DogeOS and a Dogecoin Foundation partnership

On @Nasdaq’s third-quarter earnings call, CEO @adenatfriedman named collateral as the clearest near-term business in tokenization. She pointed to a test with Vanguard and Wellington on @CantonNetwork, the chain behind $CC. "The more immediate opportunities sit in this idea of collateral management, collateral mobility," Friedman said, according to a summary of the call by BigGo Finance.
What the Canton test showed
Friedman described the trial as a proof of concept in which two major investment management firms used Canton to move collateral from one collateral pool to another, and it worked instantly and perfectly. The firms were Vanguard and Wellington.
Nasdaq's Roland Chai, head of Digital Liquidity Networks, has described the technical set-up. Money market fund securities were tokenized using Nasdaq technology and issued as digital tokens on the Canton Network, a privacy-enabled blockchain built by Digital Asset. Each token represented a direct, legally enforceable interest in the underlying fund shares.
Standard margin calls were generated within Nasdaq Calypso, with the platform's collateral management workflows extended to recognize the tokens as eligible instruments. The pledging party transferred tokens from its Canton wallet to the secured party's wallet, with settlement finality occurring in real time and each firm's collateral inventory updated automatically within Calypso.
The participants were named publicly in August, according to a Canton ecosystem review. Nasdaq's own filing places the trades earlier: early in the third quarter, two of the world's leading asset managers completed tokenized collateral trades on the Canton Network, transmitting tokenized money market funds through Calypso.
Why collateral first
Banks, brokers and investment firms routinely pledge securities to support derivatives and financing positions. Fragmented custody systems, settlement delays and operational requirements often force institutions to hold additional collateral buffers. That is the inefficiency tokenization aims to reduce.
Friedman has made similar arguments elsewhere. Speaking to CNBC at the TOKEN2049 conference in Singapore on October 8, 2026, she identified U.S. Treasury securities, equities and money market funds as assets that could become more transferable through tokenization.
Caution is warranted on timing and revenue. FinanceFeeds noted that the transactions demonstrated technical feasibility but did not represent a market-wide commercial rollout. On the second-quarter call, analysts pressed on adoption, and a transcript summary notes that the Canton trades were a proof of concept, with monetization likely to come through a new Calypso module and the pace left unquantified.
Nasdaq's wider tokenization plans are also moving. The company remains on track to launch its equity token in the first half of 2027, and is working with DTCC on a tokenization service and with Kraken on instant settlement for retail trades.
Sources
Nasdaq Q3 2026 earnings call transcript (Motley Fool)
Nasdaq's Chai on the buy-side tokenizing collateral (Finadium)
Nasdaq CEO on tokenization and collateral (FinanceFeeds)

Circle has stopped minting new USDC on Noble, the chain that has issued the stablecoin for the Cosmos ecosystem, and the first deadline for holders arrives next week. Cosmos is shifting to a version of USDC issued on Injective, the chain behind $INJ.
What changes on October 31 and January 12
According to Coinpaprika, Circle disabled new USDC minting on Noble on October 13, 2026, and will pause the Noble USDC contract on January 12, 2027. The staged timeline has burn limits shrinking from October 31, and exit routes narrowing after December 1.
The October 31 date matters because it affects the older transfer system. Blockonomi reports that CCTP V1 burn limits on Noble start shrinking on that date and reach zero on a rolling basis as the January deadline approaches. CCTP is Circle's Cross-Chain Transfer Protocol.
The reason is technical. Circle is moving to CCTP V2, and Noble will not receive it, according to Coinpaprika. The change ends USDC's legacy infrastructure on Noble rather than a withdrawal from Cosmos. Noble itself is not shutting down, edgeX notes.
Injective USDC becomes the Cosmos standard
Crypto Briefing reports that Cosmos Hub, dYdX and the routing layer Skip:Go have signed on, making Injective USDC the canonical stablecoin standard across chains that previously relied on Noble for issuance.
Holders can swap Noble USDC, now displayed as USDC.n, for Injective-issued USDC, or USDC.inj, through Skip:Go. CryptoSlate reported that migration opened on September 11. The same report put the affected amount at roughly $92 million in USDC. DeFiLlama data cited by edgeX showed about 91.6 million USDC circulating on Noble as of September 11.
Holders who miss the deadlines still have a backstop, but it is narrower. Circle plans to take a snapshot of remaining balances on January 12 and open manual redemption the next day. BitRss, republishing CryptoSlate, said eligibility requires the USDC to be in a wallet controlled by the user and that holders pass Circle's compliance and security checks. USDC left in liquidity pools or smart contracts at the snapshot will not qualify, so protocol-level migration is more urgent than the January date suggests.
Cosmos Labs has urged holders to migrate before October 31 rather than wait for January, Coinpaprika reports.
Sources
Coinpaprika: Circle Pulls USDC From Noble, Forcing Cosmos Onto Injective
CryptoSlate: Circle's Noble shutdown leaves Cosmos racing to move $92 million in USDC
Crypto Briefing: Injective USDC becomes canonical USDC standard across Cosmos

@Aster_DEX, the exchange behind $ASTER, now runs Bitcoin, Ether and Solana perpetual futures quoted in $USDC and backed by USDC deposited on @arc. Arc says this makes the stablecoin a trading and margin asset on Aster for the first time.
What Aster has launched on Arc
The new markets cover $BTC, $ETH and $SOL perpetuals. Traders post USDC as margin and the contracts are priced in the same stablecoin, which removes the need to hold a separate collateral asset for these pairs.
Aster has accepted USDC deposits and withdrawals on Arc since the chain launched on September 16. Aster said its perpetual market supports USDC as a deposit and withdrawal tool, and the integration has been in effect since Arc went live. The USDC-quoted perps are the next step in that integration.
Aster is a decentralized exchange for perpetual and spot trading. Its Pro Mode offers 24/7 stock perpetuals, Hidden Orders and grid trading across BNB Chain, Ethereum, Solana and Arbitrum. Arc adds another settlement venue to that multichain footprint.
Arc draws perps exchanges
The launch follows a similar move by a rival. Extended shifted its settlement infrastructure from Starknet to Arc on October 22, carrying approximately $120 million in total value locked with it. On Arc, Extended accepts native USDC as its main collateral and cirBTC as its Bitcoin collateral asset.
The change came at a cost to one stablecoin. USDT and wBTC are not supported on Arc , so Extended users holding them had to convert or withdraw beforehand.
Arc is Circle's own blockchain. Circle announced the public mainnet launch of Arc as an open Layer 1 blockchain built for financial markets, real-time money movement and agentic economic activity. Fees on the network are paid in USDC, with no volatile native token required. Circle has also pitched the chain to derivatives builders. Its launch post says builders can use Arc to create perpetual futures markets centered on stablecoin pairs.
Two perps venues building on Arc within days of each other points to early demand for USDC-margined derivatives on the chain. It is too early to say how much volume the new Aster markets will attract, and no trading figures have been published for them.
Sources
ChainCatcher: Aster integrates Arc, supporting USDC deposits and withdrawals
Crypto Briefing: Extended completes migration to Circle's Arc
Circle: Arc mainnet launch announcement

US banks now have a final federal rulebook for stablecoins, and Quant Network is positioning itself as the connective layer between that new framework and the payment systems banks already use. @quantnetwork, the firm behind $QNT, expects many US lenders to weigh stablecoins, tokenized deposits, or both.
What the OCC rule changes for banks
The Office of the Comptroller of the Currency finalized its rules implementing the GENIUS Act, becoming the first federal regulator to complete the stablecoin framework Congress passed in July 2025. The rule takes effect January 18, 2027. It sets federal standards for payment stablecoin issuers covering reserve backing, redemptions, capital, custody, audits and risk management.
The rule does not settle every question. It bans direct yield payments to customers from stablecoin issuers, but the OCC said it would evaluate third-party yield arrangements case by case. Rules on the Bank Secrecy Act, anti-money laundering and OFAC sanctions will come in a separate rulemaking coordinated with the US Treasury.
Tokenized deposits take a different route. They are regular bank balances moved onto a blockchain, and they sit outside the law's stablecoin definition. Unlike a central bank digital currency, tokenized deposits remain liabilities of the issuing commercial bank. Quant's argument is that either path, stablecoins or tokenized deposits, still needs links to existing payment systems.
Quant's bank footprint in the US and UK
In September, @TCHtweets, owned by some of the largest US banks, chose Quant to run its tokenized deposit network. The Clearing House selected Quant to provide the interoperability, orchestration and transaction-management layer for a network that clears and settles tokenized deposits and connects to the RTP and CHIPS payment networks. The network is due to open in the first half of 2027, according to Quant. Quant's role covers the coordination layer rather than the issuance of deposits themselves.
The same week in the UK, UK Finance announced the first live customer transactions using tokenized sterling deposits on a platform that Quant developed for Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander.
Kraken's research page adds a caveat worth noting: selection as a technology provider is different from network-scale volume, and The Clearing House network is not yet live. The OCC rule gives US banks clarity on stablecoins, but how much of that demand flows to Quant's infrastructure will depend on which route banks choose and how fast they build.
Sources
Bitcoin Magazine: OCC finalizes GENIUS Act stablecoin rules
Yahoo Finance: OCC issues final rule on stablecoin framework
Kraken Learn: What is Quant (QNT)?

Nasdaq-listed brokerage Futu has opened $BNB deposits and withdrawals for eligible professional investors in Hong Kong, allowing clients to move the token between self-custody wallets and Futu crypto accounts over @BNBCHAIN.
The change was announced on October 23, according to Crypto Briefing. It was rolled out through Futu Securities International (Hong Kong) Limited, the group's Hong Kong subsidiary. @cz_binance shared the news, noting that Futu also operates as moomoo in markets including the US and Japan.
How BNB transfers on Futu work
Transfers run on BNB Smart Chain using the BEP20 token standard. Deposits flow from a user's self-custody wallet into a Futu crypto account. Withdrawals carry more checks: Crypto Briefing reports that Futu only sends BNB to addresses that have been verified and whitelisted in advance, and that withdrawals typically finish processing by 6:00 PM HKT on the third business day.
Futu is not charging extra platform fees for BNB transactions until further notice, though withdrawals carry a network fee of roughly 0.000055 BNB, per the same report. The service is limited to professional investors, a category in Hong Kong with high-net-worth thresholds. One example cited is a portfolio worth HK$8 million.
Until now, BNB could only be traded inside Futu's platform. U.Today noted that users of the Futubull and moomoo brands could previously trade BNB only within the company's closed loop. Eligible investors can now move the token directly between external wallets and their brokerage accounts.
Building on July's BNB trading launch
The deposit and withdrawal feature follows Futu's earlier BNB move. In July, Futu Securities International (Hong Kong) began offering BNB spot trading to eligible professional investors. According to an announcement relayed by PANews and shown on Futubull's company page, it was the first licensed brokerage in Hong Kong to offer BNB order-book trading pairs. Futu said the listing relied on PantherTrade, its self-built virtual asset platform, which lists tokens in line with Hong Kong Securities and Futures Commission (SFC) standards.
PantherTrade (Hong Kong) Limited received its SFC virtual asset trading platform licence on 27 January 2025, according to Hong Kong Crypto's review of the platform. Futu has said it intends to keep aligning with the SFC's regulatory roadmap and add more mainstream cryptocurrencies within a compliant framework.
For BNB, the update gives it a more direct on-chain link to a regulated broker with a large retail user base in Asia, though access remains restricted to professional investors for now.
Sources
Crypto Briefing: Futu opens BNB deposits and withdrawals to Hong Kong professional investors
U.Today: Binance Coin (BNB) Bags Major Hong Kong Listing
Futubull: Futu Holdings (FUTU) news

@Zebec_HQ is using the @StellarOrg network to process corporate payrolls worth more than $5 million across more than 20 active corporate wallets. The platform streams salaries automatically and schedules payment disbursements, while hiding the blockchain layer so HR and finance teams can run payroll without handling the underlying technology.
How Zebec payroll on Stellar works
Stellar selected Zebec to bring real-time, streaming payroll to its ecosystem, marking the first native deployment of Zebec's streaming infrastructure outside the Solana network. Businesses can pay employees and contractors in real time, by the second, rather than waiting days or weeks for payroll to clear. The flow combines three steps: earnings stream in USDC, funds arrive directly in a digital wallet, and recipients can spend or cash out globally through cards or local pickup.
The partnership builds on earlier work. Zebec has supported Stellar across its card infrastructure for over two years. The enterprise product followed in June 2026. Zebec introduced its enterprise payroll platform on the Stellar blockchain, enabling companies to pay global employees and contractors in stablecoins, with instant access to funds via digital wallets and payment cards.
The system includes a corporate dashboard aimed at human resources departments coordinating large or geographically distributed teams. That setup lets finance and HR staff schedule and monitor payments without interacting with the blockchain directly.
Why Stellar, and what comes next
Stellar's design suits high-frequency payments. According to Zebec, the network processes more than 250,000 USDC transactions daily, and transaction costs are typically less than a cent, which makes streaming payments economically viable.
Cash-out options are also expanding. MoneyGram is the first fiat off-ramp available through Zebec's Stellar payroll experience, giving employees and contractors a direct path from stablecoin payroll to local currency. Access is through participating MoneyGram locations, subject to availability and applicable law. The build is rolling out in phases, starting with core payroll functionality and expanding into global payout rails, including fiat on and off ramps and remittance networks.
The reported $5 million in processed payroll is modest next to the size of the global payroll market, but it shows employers are already using stablecoin payroll rails in production. For Stellar and its $XLM token, corporate payroll offers a recurring, real-world use case beyond trading activity. For Zebec and its $ZBCN token, it extends a streaming model first built on Solana to a payments-focused network.
Sources
Zebec: Zebec Brings Streaming Payroll to Stellar
Zebec: Zebec and MoneyGram Expand Enterprise Payroll on the Stellar Network
Blockonomi: Zebec Expands Stellar Payroll Infrastructure as Enterprise Testing Advances

Hydration (@Hydration_net), one of the main decentralized exchanges on Polkadot (@Polkadot), has launched swaps for Zcash (@Zcash) $ZEC within its ecosystem. The move brings a leading privacy token into Polkadot's DeFi stack.
Users can trade ZEC pairs through Hydration's liquidity layer. The venue supports dollar-cost averaging (DCA), limit-order execution and instant swaps for the token.
Lending and borrowing next
Hydration is also scheduled to activate $ZEC lending and borrowing markets as early as Monday. Together with the swaps, the rollout gives ZEC holders a way to trade and put the asset to work on-chain without leaving the Polkadot ecosystem. The lending launch date is a target and could change.
Hydration, formerly known as HydraDX, is built around an Omnipool automated market maker that concentrates liquidity in a single pool. According to the same overview, it also runs a money market for supplying and borrowing assets and a decentralized, over-collateralized stablecoin called HOLLAR. Coin Bureau describes the Omnipool as an AMM design that concentrates liquidity into one shared trading layer rather than splitting it across many isolated pools.
Why Zcash matters for DeFi
Zcash is a privacy-focused asset, and access to it has been expanding across decentralized venues. In October, cross-chain protocol THORChain said native ZEC swaps were live, letting users swap ZEC for assets such as Bitcoin, Ethereum and stablecoins without wrapped tokens or a centralized custodian. Hydration's launch adds another on-chain venue, this time within Polkadot.
Liquidity will be the key test. Newer ZEC markets elsewhere have started shallow, and THORChain's Zcash pool held just over $50,000 at launch, according to Chainwire. Depth on Hydration's ZEC pairs, and how quickly lending and borrowing markets attract users, will show how much demand exists for privacy assets in Polkadot DeFi.
For Hydration, the integration extends its all-in-one offering of trading, lending and stable-value products. For Zcash, it opens a new route to on-chain use beyond the venues where the token already trades.
Sources
Polkadot DeFi Dapps overview, Polkadot Ecosystem
Top Polkadot Projects in 2026, Coin Bureau
THORChain Launches Native Zcash Swaps, Chainwire

China plans to largely complete a national blockchain network by 2030, but the infrastructure is not expected to support public cryptocurrencies such as $XRP or $BTC. Beijing continues to promote blockchain as a strategic technology while enforcing a ban on crypto-related business activity.
What the 15th Five-Year Plan says
According to Cointelegraph, the 15th Five-Year Plan for National Informatization was issued by the Central Cyberspace Affairs Commission, a senior Communist Party body that coordinates digital development policy. The plan calls for deeper blockchain use in trade and finance in the Yangtze River Delta, and large-scale deployment in manufacturing and agriculture in the Chengdu-Chongqing region in southwestern China.
The document also calls for stronger blockchain technical standards and wider use of the technology in data circulation and trading, per the same report. It sets an explicit completion target for a project that was already part of China's national development plan released in March. A joint policy from the Communist Party's central leadership and the State Council, published on Oct. 9, had earlier called for the network to be built.
The informatization plan lists the national blockchain network alongside other 2030 goals, including a fully built new-generation communication network and the commercial launch of 6G at an appropriate time, according to a summary published by PANews.
Under the plan, distribution nodes are being set up around business centers. They are expected to focus on cross-border trade and clearing in the Yangtze River Delta, and on logistics tracing in the Chengdu-Chongqing industrial belt.
Blockchain yes, crypto no
The push for state-backed blockchain infrastructure sits alongside a firm stance against digital assets. Cointelegraph noted that mainland China bans cryptocurrency-related business activities while promoting blockchain technology as a national priority.
That position was reinforced last year. According to Payment Expert, the People's Bank of China convened 13 agencies on Nov. 28, 2025 to reaffirm the ban on crypto trading and flag stablecoins as a new enforcement focus. The central bank said stablecoins cannot effectively meet customer identification and anti-money laundering requirements, as reported by CoinGeek.
For holders and traders of $XRP, $BTC and other tokens, the message is consistent: the network is designed as state infrastructure for trade, logistics and data, not as a route for public crypto assets to gain access to the mainland market. The plan does not name specific tokens, so any implication for individual assets such as XRP remains an inference from China's wider policy.
Sources:
Cointelegraph: China targets 2030 for its national blockchain network buildout
Payment Expert: PBoC targets stablecoins in renewed China crypto crackdown
CoinGeek: China's central bank reaffirms commitment to digital asset ban

@Injective has expanded its native $USDC supply by 43% over the past 30 days, lifting the total on-chain dollar supply on the network to $16.5M. The financial Layer-1 blockchain is positioning itself as the canonical dollar standard across more than 20 chains, including @Cosmos.
The increase comes ahead of a liquidity rotation in which protocols are expected to allocate more than $100M in bridged and native stablecoins to $INJ.
How Injective Became a Dollar Hub
The growth follows a series of integrations over the past several months. Circle announced in March that it would bring native USDC issuance and its Cross-Chain Transfer Protocol (CCTP) to Injective, giving the chain direct access to the largest regulated stablecoin without wrapped assets. When USDC moves via CCTP, Circle burns tokens on the source chain and mints new ones on the destination. That design avoids reliance on third-party bridges.
Native USDC later went live on mainnet. Injective said the $77 billion in compliant stablecoin liquidity from Circle could be used to access tokenized stocks and Pre-IPO assets such as SpaceX on the network. That figure refers to the broader USDC ecosystem, not the amount currently held on Injective.
The Cosmos link followed in May. Cosmos Hub and Cosmos Labs confirmed that USDC issued through Injective will route across the Cosmos ecosystem via IBC. Skip:Go, the main routing layer in Cosmos, will make Injective USDC its default denomination, backed by a four-year minimum commitment. The arrangement also covers dYdX.
Why Cosmos Liquidity Is Shifting
The move addresses a long-standing issue in Cosmos. Stablecoin liquidity has been spread across numerous independent blockchains, or zones. It also comes after Noble began stepping away from its role as Cosmos' native USDC issuer, with Injective expected to absorb more than $100 million in related stablecoin issuance. Cosmos Hub said migration support will be available for chains moving from Noble USDC to Injective USDC, starting with a rollout to dYdX.
For $INJ, the potential benefit is indirect. If DeFi activity and trading volumes shift toward native USDC pairs, INJ could benefit through higher gas usage, staking demand and protocol fee capture. That outcome is not assured, and the current $16.5M supply remains small next to the wider stablecoin market.
Investors will be watching whether the planned stablecoin allocations materialise and whether more Cosmos chains complete the move to Injective USDC.
Sources:
Injective: USDC adopted by Cosmos and dYdX as canonical stablecoin standard
Blockchain.News: Circle brings native USDC to Injective with CCTP
Crypto Economy: Injective's USDC becomes the stablecoin standard for Cosmos and dYdX

Well-known on-chain trader James Wynn (@JamesWynnReal) has ended a 49-day trading hiatus. He returned by opening a highly leveraged short position in Bitcoin ($BTC) on the decentralized perpetual swap platform Hyperliquid (@HyperliquidX).
According to Lookonchain's monitoring, Wynn reopened a position on Hyperliquid after the 49-day break, shorting 0.4947 BTC (valued at approximately $40,500) with 40x leverage and a liquidation price of $82,671.48.
A narrow margin for error
At 40x leverage, the position leaves very little room for the market to move against it. At that level, a 2.5% move against a position wipes out 100% of the collateral, according to Yahoo Finance. The stated liquidation price of $82,671.48 is the level at which the trade would be closed out by the exchange, so a rise in $BTC toward that price would erase the position's margin.
The size of the trade is small by Wynn's earlier standards. In May 2025, he opened what Cointribune described as the largest public Bitcoin position in history, with $1.26 billion in notional value, 11,588 BTC and 40x leverage. More recently, he suffered a sixth liquidation in two weeks on April 6, 2026, after a run of leveraged Bitcoin shorts on Hyperliquid, according to Yahoo Finance. Before that streak, he had already logged 194 liquidations in total.
Wynn has also had winning periods. In November 2025, his 40x BTC longs generated more than $900,000 in unrealized gains. His history shows how leverage can work in both directions, and how quickly a position can be closed out when price moves the wrong way.
Why Hyperliquid matters for leveraged traders
Hyperliquid is the venue where Wynn's trades are tracked publicly. It is a decentralized perpetual futures exchange built on a custom Layer 1 blockchain optimized for trading. Its order book is fully on-chain rather than a hybrid model where orders sit off-chain. That transparency is why on-chain analytics firms such as Lookonchain can follow large and well-known wallets in near real time.
Perpetual contracts let traders speculate on prices without owning the underlying asset. They have no fixed expiration date, which is part of why they are popular for short-term leveraged bets. Access to this kind of trading is also widening: Pump.fun recently added perpetual futures powered by Hyperliquid's trading infrastructure.
For readers following Wynn's return, the key level to watch is the $82,671.48 liquidation price. Leveraged positions of this kind are high risk, and outcomes can change within hours.
Sources:
Lookonchain: James Wynn reopens 40x BTC short after 49 days
Yahoo Finance: James Wynn liquidated for the sixth time
Altrady: Hyperliquid trading guide

@AscendFi Markets and @M1XGlobal have completed the first institutional repurchase agreement (repo) on the @StellarOrg blockchain, using a tokenized sovereign bond as collateral. The trade ran with no manual intervention across a three-day window that included overnight and weekend hours.
The repo ran through Ascend's institutional credit facility using Stellar smart contracts, with 72 consecutive programmatic hourly rolls between October 16 and 19. Because the rolls were automated, financing continued outside normal market hours, a feature of 24/7 on-chain markets that traditional repo desks do not offer.
Terms of the trade and the collateral
The collateral was $USDM1. It is a US dollar-denominated sovereign bond issued natively onchain and secured 1:1 by short-duration US Treasuries. M1X Global worked with the Republic of the Marshall Islands to help issue USDM1. It was initially issued on Stellar and is also available on Canton and Solana.
The transaction was priced at SOFR plus 10 basis points, equivalent to an annualized financing rate of 3.98%, with interest accruing daily, a 2% collateral haircut and a maximum loan-to-value ratio of 98%. The repo concluded with repayment and return of the USDM1 collateral.
The structure differs from many tokenized Treasury products. M1X Global's president and COO Jordan Goldman told The Block that USDM1 is structured as sovereign debt backed one-to-one by short-duration Treasuries under New York law, unlike privately issued digital dollar instruments. He said this allows use across repo, margin and secured financing markets while supporting 24/7 settlement.
Why it matters for Stellar
The deal extends Stellar beyond its established payments focus. The companies describe it as a milestone in bringing institutional secured financing onto the network, one of the longest-running public blockchains. Stellar has said the network was purpose-built for fast, low-cost settlement and real-world asset tokenization, with institutional relationships including Franklin Templeton, WisdomTree and Paxos.
Ascend has also received backing from the network's main steward. The Stellar Development Foundation made a strategic investment in the firm, which brings compliant tokenization via the ERC-3643 standard, permissioned credit vaults and a Distressed Disposal Facility to Stellar.
The test was a single transaction, and the companies have not disclosed its size in the release. Whether tokenized sovereign collateral gains wider acceptance among lenders will depend on further repeat trades and broader institutional uptake.
Sources:
Business Wire: Ascend and M1X Global complete first institutional repo on Stellar
The Block: Paradigm leads $5.5 million seed round in M1X Global
Stellar: SDF strategic investment in Ascend