Odaily Planet Daily News Cross-chain protocol Owlto Finance released a product strategy upgrade, aiming to promote the stablecoin multi-chain interoperability infrastructure centered on the stablecoin project USD1 (@worldlibertyfi) supported by the Trump family. The upgrade will focus on three major directions: 1. Realize the full cross-chain circulation of USD1; 2. USD1 holders can stake on any chain and withdraw from any chain, while obtaining cross-chain fees and compound income from other DeFi protocols; 3. After the "Genius Act" is passed, USD1 will become the core relay asset for cross-chain stablecoin exchanges, expanding its ecological application scenarios. Owlto plans to build cross-chain infrastructure for USD1 and bring a real user base to enhance its on-chain liquidity and stablecoin market competitiveness.

The rise of RWA is no longer just a new round of hype in the crypto narrative. It indicates that on-chain finance is moving from relying on native inflation incentives and technical experiments to an era of "real finance" supported by real cash flow, compliance mechanisms and institutional trust.

Bitcoin broke above $110,000 on July 3, capping a multi-day rally that perfectly illustrated the difference in how it trades across fiat and stablecoin markets. On Binance, the largest exchange by trading volume, BTCUSD held a consistent but narrow premium over BTCUSD in the days leading up to the move, averaging $36. 33, or around 0. 034% source: https://cryptoslate.com/insights/bitcoins-climb-past-110k-to-within-2-of-ath-tightens-spread-between-usd-and-usdt-pairs/

The United States and Vietnam have agreed on a two-layer tariff system designed to stop goods routed through Vietnam, often to dodge US duties, from entering American markets. Under the plan, items genuinely produced in Vietnam face a 20% duty, while those judged to be merely passing through will have a 40% levy. Analysts say […] source: https://www.cryptopolitan.com/trump-to-close-vietnam-backdoor-tariff-china/

According to PANews, AMUNDI, Europe's largest asset management firm, has expressed concerns that the United States' stablecoin policy could potentially disrupt the global payment systems. This statement was reported by CGTN America. AMUNDI's analysis highlights the significant impact that U.S. regulatory decisions on stablecoins might have on international financial transactions and stability.

تسعى JD. com وAnt Group، وفقًا للتقارير، إلى الضغط على الجهات التنظيمية الصينية لإطلاق عملات مستقرة مدعومة باليوان، بهدف تعزيز الدور العالمي للعملة الصينية ومواجهة هيمنة التوكنات المرتبطة بالدولار الأمريكي. source: https://ar.cointelegraph.com/news/jd-com-ant-yuan-stablecoins-challenge-dollar-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Abu Dhabi Securities Exchange (ADX), the largest exchange in the UAE and second-largest exchange in the Middle East North Africa (MENA), has taken the first steps to list the first DLT/blockchain-based bond in the MENA region. It will launch the product in cooperation with HSBC using its Orion platform. The blockchain-enabled bond will be issued […] source: https://www.cryptopolitan.com/adx-to-issue-blockchain-digital-bond-mena/

A 35-year-old Kerala native allegedly shipped drugs nationwide while laundering proceeds through privacy crypto Monero, officials say. source: https://decrypt.co/328432/indias-most-prolific-darknet-drug-syndicate-used-monero-to-evade-cops

According to the announcement from Binance, the platform has unveiled two significant upgrades to its Binance Pay Send service, aimed at streamlining the process of sending cryptocurrencies. These enhancements, Send via Contact and Send On-Chain, are designed to cater to diverse user preferences, offering improved speed, security, and convenience. Binance Pay Send via Contact allows users to send crypto instantly to phone contacts without the need to input wallet addresses, emails, or Binance IDs. This feature supports over 300 cryptocurrencies and eliminates gas fees, providing a time-saving solution for users. By selecting a contact from their phone book within the Binance App, users can send crypto with minimal effort, reducing errors associated with manual entry of payment details. This upgrade enhances social connectivity by enabling users to connect with friends and family, making transfers between Binance users more intuitive. The Send On-Chain feature facilitates crypto transfers by scanning a QR code or capturing a photo of a wallet address, eliminating manual input and network complexities. Utilizing AI-powered OCR technology, this feature automatically extracts payment details from images or screenshots, speeding up transactions and minimizing errors. It highlights character similarities and provides secondary confirmation for new addresses, ensuring enhanced accuracy and security. Additionally, this upgrade supports the widespread adoption of stablecoins by simplifying on-chain transactions. Binance Pay Send is not available in certain restricted countries or regions due to legal and regulatory requirements. Users are advised to check the availability of these services in their region. The announcement emphasizes that discrepancies may exist between the original English content and translated versions, urging users to refer to the English version for the most accurate information.

Odaily Planet Daily News According to official news, YZi Labs announced today that it has invested in Digital Asset, an enterprise-level tool platform that builds compliance solutions for regulated markets. The investment is based on Digital Asset's $135 million Series E financing announced on June 24, with participation from major financial institutions including DRW, Tradeweb, DTCC, Citadel Securities and Goldman Sachs. The funds will enable Digital Asset to expand the Canton Network's infrastructure, absorb new institutions more quickly, and support the composability and interoperability required to bring billions of dollars of real-world assets on-chain.

According to Odaily, an analyst from ING, Turner, has highlighted the significance of the upcoming U.S. non-farm employment report in determining whether the recent downward trend of the dollar will persist. U.S. Federal Reserve Chair Jerome Powell has indicated that persistent inflation and a robust labor market suggest that interest rates should remain at restrictive levels. Turner noted that any unexpected downturn in the employment report could undermine Powell's position and increase market expectations for a rate cut at the July meeting. He added that unless the employment data is weaker than anticipated, the dollar is likely to continue consolidating ahead of the July 4th U.S. holiday.

Against the backdrop of the accelerated digital transformation of the global financial system, why countries and institutions are embracing stablecoins has become a hot topic that has attracted much attention.

U.S. stocks, Is the tokenization of U.S. stocks a "bubble" or a "cure"? Golden Finance, How far can stock tokenization go?

The real watershed for Ethereum’s move toward large-scale mainstream application may be approaching.

In a bold and symbolic gesture, Ripple CEO Brad Garlinghouse has etched a pivotal moment in crypto legal history onto his skin.

Hackers have uploaded at least 40 fake crypto wallet extensions to the Firefox store, tricking users into giving up their wallet details. Some of the apps copied real wallets like MetaMask and Trust Wallet, and have already caused users to lose funds.

Nasdaq-listed Addentax Group Corp., a Shenzhen-based microcap company, has announced plans to acquire up to 12,000 bitcoin in a deal valued at approximately $1.3 billion.

OpenAI has signed a $30 billion-a-year deal with Oracle to secure massive computing power for its Stargate AI project. Oracle will build large data centres across the US, using 4.5GW of energy and 400,000 Nvidia chips to meet OpenAI’s growing AI needs.

For investors, Futarchy provides a unique way to directly express their subjective views on DAO decisions and increase or decrease their holdings based on the market consensus on the DAO’s optimal path.

North Korean hackers have secretly taken jobs inside crypto firms, posing as developers and IT staff to gain access from within. Investigations have found hundreds may be working in the industry, with some linked to thefts and scams using insider permissions.