卧底陈永仁

How can yen stablecoins and dollar stablecoins be connected? An SBI announcement points to one specific possibility.

At 09:00 Beijing time on October 16, Startale issued a joint announcement with SBI Holdings: the two parties have joined Open Standard and are exploring a proof of concept for interoperability between the yen stablecoin JPYSC and Open USD (OUSD). JPYSC is a yen-denominated trust-type stablecoin issued by SBI Shinsei Trust Bank. Here, OUSD refers to Open Standard’s Open USD, so be sure to check who issues it rather than relying on the abbreviation alone.

What interests me most is the cross-currency settlement step. If on-chain balances in different currencies can be connected more easily, that might reduce friction in settlement processes in the future. That’s how I understand the potential application. Whether it can speed things up or lower costs will have to be determined by actual test results.

The announcement draws a clear boundary: this involves research and a proof of concept. It does not mean a new service has been launched, or that settlement or trading has begun in a production environment. Joining a collaborative network and enabling users to exchange directly today are different stages.

For stablecoins to become part of everyday use, it will take more than simply issuing them; different currencies and institutions also need to work together smoothly. This development is worth following, but for now, the vision should not be mistaken for business results—nor should it be taken as evidence that any related token will benefit.

Next, I’ll be watching for a clearly defined pilot plan, test results, and the applicable regulatory and usage scope. It’s best to understand these specific conditions before talking about adoption at scale.

Source: Joint announcement published by Startale
https://prtimes.jp/main/html/rd/p/000000027.000114522.html
Open Standard official overview
https://joinopenstandard.com/about

#稳定币 #CrossBorderSettlement
Prepared with AI assistance
For informational purposes only; not investment advice

What I care more about in the security fixes Polygon has just disclosed is whether nodes can keep up with block production.

At 21:51 Beijing time on October 15, Polygon Labs published a security review of Bor v2.10.3 on its official forum, disclosing two medium-severity denial-of-service issues involving parallel block execution. The affected versions were v2.10.1 and v2.10.2, which enable BlockSTM V2 by default. The public release had already come out earlier that day; the new development is that the issues and the remediation process have now been explained.

Put simply, the risk is that additional computational and memory overhead could slow nodes down and cause them to fall behind in importing blocks. The official review describes both issues as not affecting consensus and says that, to its knowledge, neither the mainnet nor the Amoy testnet has been exploited. We should preserve the caveat “to its knowledge”: we must not claim that an attack has occurred, nor use this to guarantee there will be no risk in the future.

The fixes actually came before the details were made public: a private release was deployed on Amoy on October 5 and on mainnet on October 8, and the code was disclosed only after most network nodes had upgraded. This fix-first, disclose-later process is more worth paying attention to than just looking at a version number.

This does not involve a hard fork, and there is no need to resync chain data; nodes can be upgraded one at a time. Operators still on older versions should follow the official instructions. Holders should not interpret client maintenance as a signal that the token is bound to rise. For $POL , what I’ll be watching next is upgrade coverage among nodes and network performance; the announcement itself makes no claims about price.

Token verification time: 2026-10-15 23:02 (Beijing time). POL/USDT is an active spot trading pair. Binance spot market/trading page, for you to check:
https://www.binance.com/zh-CN/trade/POL_USDT?type=spot

Source: Polygon official security review
https://forum.polygon.technology/t/bor-security-bug-fix-review-v2-10-3/22379
Official release notes
https://github.com/0xPolygon/bor/releases/tag/v2.10.3

#Polygon #On-chain security
AI-assisted compilation
For informational purposes only; not investment advice

This morning, ZRO’s hourly candle saw trading volume increase alongside a rise in price.

According to Binance spot data as of 09:07 Beijing time on 2026-10-16, $ZRO was trading at 2.206 USDT, up 15.801% over the rolling 24-hour period. ZRO/USDT trading volume over the same period was approximately 23.1645 million USDT. This 24-hour window rolls continuously; it should not be understood as the gain since midnight today.

What really made me stop and take a closer look was the hourly candle that closed between 08:00 and 09:00 Beijing time: it opened at 2.087 and closed at 2.198 USDT, a gain of about 5.32% from open to close. Its quote-asset trading volume was approximately 2.2137 million USDT, about 2.40 times the average for the previous 20 closed hourly candles.

When price and volume both become more active, that tells us more than just looking at the gainers’ rankings. Widening the view slightly, the price rose about 6.03% from the open of the first to the close of the fourth of the most recent four closed hourly candles. Most of that move was concentrated in the final hour. This describes a fixed, completed period—not a rolling “last 4 hours.”

But put simply, higher volume only shows that more trading took place. These figures cover the total value of buys and sells for this Binance spot trading pair; they cannot be treated as net inflows, nor do they tell us what types of accounts were buying.

So far, I haven’t verified any primary source that directly explains this rise, so I won’t make up a story to account for the price action. ZRO is associated with the LayerZero project, but we shouldn’t casually draw a causal link between the project’s long-term progress and a single hourly candle.

What I’ll be watching next is the subsequent closed hourly candles: whether price movements continue to be accompanied by volume, or whether activity quickly fades. One high-volume bullish candle offers no guarantee about what comes next. This post records only the data at the times stated above; it does not present an old snapshot as the live price when you open the post.

Binance spot market/trading page for your reference:
https://www.binance.com/zh-CN/trade/ZRO_USDT?type=spot

Sources: Binance official spot API
https://data-api.binance.vision/api/v3/ticker/24hr?symbol=ZROUSDT
https://data-api.binance.vision/api/v3/klines?symbol=ZROUSDT&interval=1h&limit=26

#LayerZero #SpotMarketWatch
AI-assisted compilation
For informational purposes only; not investment advice

Whether stablecoins can actually be convenient often comes down to that moment when you swipe your card.

On the evening of October 15 Beijing time, Stripe Crypto announced a partnership with Plasma to develop a stablecoin card for multiple currencies and markets. Plasma will participate as a design partner, working together to refine the product experience.

What caught my attention in this announcement was “converting money one fewer time.” Based on the product direction disclosed so far, users holding euro balances may be able to avoid first converting to dollars and then back to euros when spending in euro-denominated settings. Put simply, for stablecoin payments to become part of everyday life, it’s not enough for on-chain transfers to be fast: linking account balances to card purchases and calculating foreign exchange costs also need to work smoothly.

Don’t rush to assume the partnership announcement means all features are already available. The specific card launch date, fee schedule, and initial supported regions are still subject to more detailed product information. Automatically selecting the appropriate currency from multiple balances is also still under development and should not be counted as a delivered feature yet.

Going forward, I’ll be watching to see whether actual fees eliminate unnecessary conversions, as well as which regions are supported, payment success rates, and the refund experience. Real-world payment scenarios that work reliably are more worth tracking than the phrase “available globally.”

As for $XPL , there is still a process to verify how partnership progress translates into token value. The announcement does not directly specify any benefits for token holders, nor does it provide a basis for inferring price direction.

Token verification time: 2026-10-15 22:17 (Beijing time). XPL/USDT spot market verified. Binance spot market/trading page for you to check:
https://www.binance.com/zh-CN/trade/XPL_USDT?type=spot

Source: Official Stripe Crypto announcement
https://x.com/StripeCrypto/status/2110717778244018535
Cross-check: DeFiprime
https://defiprime.com/stripe-plasma-multi-currency-stablecoin-cards

#稳定币 #Payments
AI-assisted compilation, for informational exchange only; not investment advice

DRAM has been falling way too hard these past few days. It plunged from over 60 all the way to 47, and it just keeps going.
Just a few days ago, everyone was saying AI had bought up all the memory and storage makers were making a killing. Then suddenly, the stocks started crashing.
Apparently, the main reason for this drop is that ChangXin Memory Technologies came up with a new technology, and the market is worried that Samsung, SK Hynix, and Micron may have had their heyday.
But the thing is, a technological breakthrough is still a long way from mass production, and memory prices are still rising. So why have the stocks already crashed this badly?
Feels like expectations around AI got way overhyped, and now any bit of bad news is sending everyone rushing to sell.
Still, the memory industry has always been cyclical. Once everyone starts expanding capacity, who knows what things will look like down the road.
The hardest part right now is feeling like it’s fallen enough to buy the dip, but worrying you’ll catch it halfway down.
Anyone here holding DRAM? Are you still hanging in there?

#DRAM #USStocks #AI #Semiconductors

Solana has been making quite a splash in Shanghai recently.
First, it set up an office in Shanghai Tower, then it put up a huge SOLANA ad on the exterior screen of a building in Lujiazui.

Douyin AI says the ad was taken down for violating regulations, but so far I haven’t seen any clear official notice. And searches for keywords like “SOL Shanghai” still turn up plenty of related videos and posts.

Also, an outdoor ad on this scale probably isn’t something you can put up just by paying for it. Normally, it would have to go through some kind of review process. How did it pass review? If it really was ordered to stop later, was the initial review fine, or was there a different determination afterward?

If the Shanghai office can operate normally and developer events can continue to be held, that suggests there’s still some room for cooperation, at least when it comes to the technology ecosystem.

But this definitely shouldn’t be taken to mean that domestic policy on cryptocurrencies is starting to ease.

#Solana #SOL #Web3

Bought ff on 9.30, can I get the one exchanged on 10.11?