Odaily News Ethena Labs announced on the X platform that Coinbase International Station has become the latest hedging platform for USDe's underlying assets. It is said that Coinbase International Station's open interest has recently exceeded US$1 billion. Providing liquidity can diversify the hedging of USDe's underlying assets through attractive financing rate configurations.

Odaily News According to on-chain analyst Ember, a certain address has withdrawn 17,925 ETH ($50 million) from Kraken in the past half hour, and has withdrawn a total of 72,050 ETH worth $200 million in 22 hours. Each withdrawal is worth $10 million or $20 million in ETH, which looks very much like buying ETH and withdrawing it to an on-chain address.

Odaily News The stablecoin project Plasma posted on the X platform that deposits and withdrawals will be locked on July 14 (72 hours before the sale). Official reminder: Vault top-ups cannot be used for this sale, so please prepare available funds in advance. All top-ups will be locked for at least 40 days after the sale ends.

Odaily News According to market information, HYPER rose briefly to break through $0.66 and is now trading at $0.61, with a daily increase of more than 430%.

Odaily News Fed's Musallem said that stablecoins could become an important part of payments. Stablecoins are an interesting innovation in the payment field, and it is a good thing to establish a regulatory framework. (Jinshi)

Odaily News According to market news: The U.S. Treasury Department has revoked reporting requirements for cryptocurrency brokers.