Legislation on stablecoins and crypto assets will promote widespread participation by banks and other financial institutions, reducing the additional steps and costs involved in the conversion of fiat currency and stablecoins by non-bank payment institutions.

According to Foresight News, Clarence Shen, the fintech policy manager at the Hong Kong Securities and Futures Commission, stated at the Bitcoin Asia 2025 conference that Hong Kong's goal is to establish itself as a reliable hub for Bitcoin liquidity.

According to PANews, recent data from CryptoQuant indicates a slowdown in stablecoin liquidity growth, with the market capitalization expansion reducing to approximately $1.1 billion weekly. This marks a significant decrease compared to the $4 to $8 billion weekly growth observed during the Bitcoin surge at the end of 2024. Additionally, the 60-day growth of USDT has reached around $10 billion, which is lower than its previous peak of over $21 billion. Despite the deceleration in issuance, the total stablecoin reserves on exchanges hit a record high of $68 billion on August 22, with USDT accounting for $53 billion and USDC comprising $13 billion. While the growth in stablecoin market capitalization remains positive, the reduced pace suggests a weakening in market liquidity support. This trend may indicate a shift towards a consolidation phase rather than a continued parabolic rise.

On Aug 28, 2025, 03:59 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 112,000 USDT benchmark and is now trading at 112,003.992188 USDT, with a narrowed 0.53% increase in 24 hours.

Bitcoin consolidates near $111K as order book walls tighten and technical indicators lean bearish. Support at $105K and resistance near $120K could define the next move. <p>The post Order Book Walls Trap Bitcoin Near $111K Ahead of Key Resistance first appeared on Ecoinimist. </p> source: https://ecoinimist.com/2025/08/28/order-walls-trap-bitcoin-near-111/?utm_source=rss&utm_medium=rss&utm_campaign=order-walls-trap-bitcoin-near-111

Fenwick & West, a law firm once contracted by FTX, has asked a judge to toss a proposed lawsuit that claims it was key to the exchange’s fraud. source: https://cointelegraph.com/news/fenwick-denies-lawsuit-claming-it-was-key-ftx-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Zhou questioned real benefits of stablecoin adoption, suggesting China's financial system is already making progress under centralization. source: https://www.theblock.co/post/368550/former-china-central-bank-chief-stablecoin?utm_source=rss&utm_medium=rss

According to BlockBeats, VanEck CEO and President Jan F. van Eck recently shared insights during an interview with FOX, describing Ethereum as the 'Wall Street token.' He emphasized the impact of stablecoins on the financial sector, noting that every bank and financial service company must adapt to handle stablecoin transactions. Van Eck explained that if a customer wants to transfer stablecoins, their bank must find a way to accommodate this, or the customer will seek another institution that can. He suggested that Wall Street professionals will eventually question which blockchain to develop on, with Ethereum being the answer. Van Eck also remarked on Ethereum's fluctuating perception earlier this year, when it faced criticism for various reasons. He mentioned that VanEck maintains a list of 'actively managed ETFs,' indicating the company's strategic approach to navigating the evolving financial landscape.

El Salvadoran president Nayib Bukele hinted at boosting the country’s Bitcoin (CRYPTO: BTC) holdings to $1 billion on Wednesday, causing a spike in odds on prediction markets. source: https://www.benzinga.com/crypto/cryptocurrency/25/08/47375401/nayib-bukeles-funniest-things-remark-leaves-crypto-community-buzzing-el-salvador-on-its-way-to-reaching-1-billion-bitcoin-reserves?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Key takeaways Bitcoin climbed above $112k briefly on Wednesday after adding over 1% to its value. Traders are optimistic that BTC will reclaim the $117k resistance level soon. BTC tops $111k as market sentiments improve The cryptocurrency market had a rough start to the week, with BTC dropping below the $110k level on Monday source: https://coinjournal.net/news/traders-eye-117k-as-btc-holds-above-110k-check-forecast/

China’s growing influence over global crypto liquidity — particularly through Hong Kong — is giving Beijing a subtle but powerful lever of control over Trump.

On Aug 28, 2025, 03:29 AM(UTC). According to Binance Market Data, BNB has crossed the 860 USDT benchmark and is now trading at 860.299988 USDT, with a narrowed 0.29% increase in 24 hours.

Mastercard will let banks and merchants in Eastern Europe, the Middle East and Africa settle payments using Circle’s USDC and EURC stablecoins. The move aims to speed up cross-border transfers and cut costs for trade and remittances in the region.

BTC, Federal Reserve, U.S. Treasury, Cryptocurrency, Market dominated by narrative games: Volatility as the core asset Golden Finance, Market cycles intertwined with narratives, how volatility becomes a priced asset.

Volatility is the price we pay for holding cryptocurrencies, but it is a price well worth paying.

Golden Finance has launched the 2799th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

Coinbase 面临的竞争挑战与时代机遇是并存的。

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

For speculators, the key is to chase the biggest gains, not who holds more Bitcoin. I will systematically and completely dismantle the entire structure of micro-strategies and answer those long-standing questions.

Analyze the motivations and behavior patterns of various stablecoin participants at the micro level from a micro perspective.