Odaily News WLFI officials said that the team has listened to the community's voice and is actively promoting the transfer function of WLFI tokens. Relevant work is currently being carried out in the background, and it is expected that specific progress will be announced soon. We also thank users for their attention and support to this matter.

Odaily News The number of weekly active independent users of Ethereum-based stablecoins has exceeded 750,000, setting a record high. Among them, USDT and USDC still occupy a dominant position, with a circulation of US$73 billion and US$41 billion on Ethereum, respectively, accounting for about 85% of the current total market value of stablecoins. Market analysis points out that the use of stablecoins is shifting from speculative demand to practical applications such as payment and settlement. As traditional financial institutions accelerate their layout, stablecoins are gradually becoming an important infrastructure for digital commerce. On the one hand, the current market structure is dominated by the head stablecoins, and on the other hand, there is still nearly US$20 billion in potential market space for new projects to compete. Industry insiders believe that in the future, stablecoin issuers will compete in terms of fee optimization, profit mechanism, etc., thereby promoting product innovation and lowering the threshold for user use. This trend also reflects the accelerated popularization of digital dollars and encrypted financial services. (The Block)

Odaily News OKX market data shows that BTC fell below 107,000 USDT and is now at 106,986 USDT, a 24-hour drop of 1.09%. (This newsletter is generated with the assistance of AI)

Odaily News According to Lookonchain monitoring, in the past two days, a wallet associated with Cumberland received 454 million USDT from Tether and deposited it in Coinbase, Binance, Bybit, OKX, Kraken and other trading platforms.

Odaily News According to market news: prediction market Kalshi plans to raise $100 million at a valuation of $1 billion, with Paradigm participating in the investment.

Odaily News Zama, a cryptographic company that provides fully homomorphic encryption (FHE) for blockchain, announced the completion of a $57 million Series B financing round, led by Blockchange Ventures and Pantera Capital. This financing will bring Zama's total financing to more than $150 million, with a valuation of more than $1 billion, making it a "unicorn club." (CoinDesk)