Odaily News: Tether announced the launch of StableFund, a private credit fund, in partnership with Fasanara Capital, a technology-driven private credit asset manager. The two parties will jointly provide $400 million in anchor investment and plan to attract up to an additional $3 billion in third-party institutional capital. The fund will focus on short-term, asset-backed credit for small and medium-sized enterprises (SMEs). Fasanara Capital will serve as the investment manager, leveraging its fintech lending network spanning over 60 countries for asset allocation; Tether will act as co-sponsor, asset originator, and advisor, responsible for identifying financing opportunities linked to USD₮ and providing stablecoin settlement, deposit and withdrawal, and fund management infrastructure.
According to a report by Sina Finance, AI 3D company VAST (Sanqi Wanwu) announced the completion of Series B and B+ financing, totaling approximately 3 billion yuan, led by Matrix Partners. Perfect World, BlueFocus Communication Group, Xindong Energy Investment, Yanqu Games, Zhongke Chuangda, 37 Interactive Entertainment, as well as Dinghui VGC, CICC Capital, CMC Capital, and others participated in the investment, while existing shareholders such as Dacheng Caizhi, Chinhua Capital, and Wengce Capital continued to invest.According to official information, VAST has raised approximately 5 billion yuan in total financing in less than six months. It is reported that VAST also released the latest version of its flagship 3D base model Tripo P series, Tripo P2. The funds from this round of financing will be invested in the iteration of 3D native models and data capabilities, expansion of training and inference infrastructure, product development, and commercialization.
According to the official announcement, Tether has announced a joint launch of a $400 million private credit fund, StableFund, with Fasanara Capital, aiming to attract third-party institutional capital to $3 billion.The fund will provide short-term, asset-backed credit financing to small and medium-sized enterprises in over 60 countries worldwide. Tether will provide USDT settlement infrastructure and financing opportunities, while Fasanara will act as the investment manager. Tether CEO Paolo Ardoino stated, "USDT is designed to be a frictionless global currency available around the clock," transforming Tether's financing network into a direct capital channel flowing to the businesses and communities that need it most.
Odaily News: U.S. Bank, a subsidiary of U.S. Bancorp, has completed a test of real-time cross-border payments using its U.S. dollar stablecoin USBDC. The transaction was executed on the Stellar blockchain between its North American and European entities. The pilot also tested the minting, redemption, freezing, and rebate functions of USBDC, and validated its internally developed digital asset platform. U.S. Bank stated that it is exploring use cases in cross-border treasury operations, liquidity management, and collateral transfer, but did not disclose a timeline for making it available to customers or commercializing it.
Odaily News: Bonk Guy posted on X that he had been pessimistic about Solana, even writing an analysis favoring Robinhood and BNB Chain, believing that Solana would lose significant market share and attention in this cycle. However, recently his views have started to turn bullish on Solana and its ecosystem.
Bonk Guy believes that Solana has recently embraced the "trench" culture again and has begun to more actively promote community projects. At the same time, Solana's management proactively reached out to him to understand how to better align with the community and the "trench" ecosystem. Additionally, Solana officials and core members have recently started to actively recognize ecosystem projects such as $STONK and $USELESS.
These changes are not merely positive for a specific token but reflect a top-down cultural shift within Solana, as well as management's proactive efforts to address issues in the ecosystem. He emphasized that his past criticism of Solana was never about technology or infrastructure, but rather about the ecosystem culture and the impact of "extractors" on Solana's new projects and users.
Bonk Guy also revealed that his long-form analysis, which was originally planned for public release and was bearish on Solana while favoring Robinhood and BNB Chain, will first be shared with Solana for reference. Due to the recent changes that have made him more optimistic, he may adjust his views and ultimately publish a more balanced analysis.
PPP Prediction Market Tool monitoring shows that on Polymarket, the probability that "Donald Trump Jr. mentions LAPTOP in a post on X & Truth Social in September" has dropped to 30%, down 20% in 24 hours.
The event rules state: If the specified person publishes qualifying text content related to Hunter Biden's Meme coin LAPTOP on X & Truth Social before 11:59 PM ET on September 30, 2026, the market resolves to "Yes"; otherwise, it resolves to "No". Merely using the word "LAPTOP" without clearly indicating the context of the token does not qualify. Merely mentioning Hunter Biden's LAPTOP, the Hunter Biden LAPTOP controversy, its content, related investigations, or any related events does not qualify.
Hunter Biden, son of former U.S. President Joe Biden, plans to launch the Meme coin LAPTOP on the Base chain on September 9. According to the official website description, the Meme coin LAPTOP is inspired by Hunter Biden's "laptop scandal" from six years ago. That scandal also embroiled then-Vice President Joe Biden in a major storm.
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U.S. Bank, the fifth largest commercial bank in the United States (under U.S. Bancorp), announced the successful completion of a real-time cross-border payment test based on its own USD stablecoin USBDC, with transactions completed via the Stellar blockchain between its North American and European entities. As one of the first bank-issued stablecoins deployed on a public blockchain, USBDC is expected to bridge the gap in the global banking system with 24/7 trading capabilities.The pilot validated the functions of USBDC including minting, payment redemption, freezing, and recovery, and tested the bank's internally developed digital asset platform, which serves as the foundation for issuing, managing, and transferring tokenized assets, enabling seamless integration between traditional banking infrastructure and blockchain networks. Gunjan Kedia, Chairman and CEO of U.S. Bank, stated that this real-time pilot demonstrates its ability to accelerate global cash management and fund flows.This test is based on the bank's strategic partnership with the Stellar Development Foundation, with future application scenarios including liquidity management, collateral transfer, and cross-border financial operations. As global stablecoin regulation advances, banks are accelerating their entry into the market. Last week, 21 financial institutions, including Bank of America, Citi, Goldman Sachs, and UBS, announced plans to form a company to issue stablecoins, with the launch of a dollar token expected in the first half of 2027.
The tenth round of executive option pool at Japan's Bitcoin treasury company Metaplanet continues to spark shareholder dissatisfaction. This option pool was originally designed to be 20% of the fully diluted equity and automatically expands as the company issues new shares to increase its Bitcoin holdings. Some shareholders are calling for the cancellation of the newly added 273 million shares and for greater transparency in future decision-making. On August 18, Metaplanet froze the option pool at 319.5 million shares, but critics argue that this actually amplifies the dilution for existing shareholders, as the option pool increased from 46 million shares to 319.5 million shares.Metaplanet CEO Simon Gerovich has committed to re-evaluating the company's governance and compensation policies and clarifying its relationship with shareholder MMXX Ventures, stating that it is merely a non-controlling significant shareholder of MMXX's parent company and does not hold an executive position. On August 31, Metaplanet disclosed that Gerovich had exercised 92,000 shares from the option pool. Matthew Sigel, head of digital asset research at VanEck, suggested freezing further exercise rights of the tenth round option pool, allowing holders to voluntarily waive excess rights, and replacing the tenth round option pool with a five-year incentive plan primarily linked to each share's fully diluted Bitcoin holdings, approved by shareholders.In its announcement on August 18, Metaplanet acknowledged that the decision to expand the option pool "amplified the dilution borne by existing shareholders." As of Wednesday's close in Tokyo, Metaplanet's stock price rose, narrowing the five-day decline to about 16.3%.
Odaily News: predict.fun announced that the Predict Challenge has officially launched. In this challenge, Predict provides the principal, users participate in predictions with a starting capital of $100, and the ultimate prize is $1,000. Users can fill out a form to apply for eligibility, and only 100 traders will be selected.
Selected participants will compete against 99 other traders, all strictly limited to a starting capital of $100 to ensure fair competition. Over the next 14 days, users will make their own decisions: choosing markets, setting position sizes, and deciding whether to take profits or cut losses.
According to BeInCrypto, Solana co-founder Anatoly Yakovenko posted on the X platform that he hopes to establish a giant routing on the mainstream trading aggregator Jupiter, converting tokenized Nvidia stocks into tokenized SpaceX (SPCX) via Fartcoin, and believes that this routing will become the national best bid and offer (NBBO) reference price for all brokers in the United States.Yakovenko pointed out that the Jupiter aggregator automatically selects the lowest-cost trading path, and meme coin pools typically have the deepest liquidity on the network, so the router may complete part of the stock trades through Fartcoin.
Jiang Zhuoer, the founder of the Liebit Mining Pool, posted on the X platform stating that Bitcoin is still operating within an upward channel, and a pullback is inevitable.If $82,300 is the previous high before the pullback, the pullback will show a "slow and back-and-forth wide fluctuation" trend. He is more optimistic about a rise to $83,000 to $84,000 before pulling back to $72,000.
According to CoinDesk, Citibank will launch an international transfer service based on tokenized deposits for Japanese companies by the end of the year, enabling 24/7 instant cross-border payments between five countries, becoming the first foreign bank to offer this service in Japan.
Odaily News: Entropy has launched an Anthropic Pre-IPO market on Hyperliquid. ANTH is up 5.4% in 24 hours, currently trading at $2,327, with a 24-hour trading volume of $14.32 million and open interest of $28.25 million.
The Iranian Revolutionary Guard stated that any vessels passing through the restricted area of the Strait of Hormuz without coordination from Iran will face sanctions.
According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: B8 vs BET-M 33 (BO3) - PGL Masters Bucharest: European Qualifiers Playoffs," the sub-market "Total Rounds in Map 2: Over/Under 21.5" has seen a dramatic fluctuation in the win rate of the "Over" option, soaring from 50% an hour ago to the current 69% (a fluctuation of 19%). Please note the impact of relevant breaking news.
Odaily News: According to Lookonchain monitoring, a whale bought 102,200 VVV at $7.87 six months ago. After today's price increase, the whale sold 92,200 VVV at $25.75, gaining $2.37 million, and still holds 10,000 VVV worth $259,500, with a profit of $1.83 million.
Over the past 3 months, the whale also spent $11.3 million to buy 4.74 million LIT at an average price of $2.39, currently worth $24.4 million, with a paper profit of $13.1 million. The whale has made a total profit of $14.93 million through VVV and LIT.
Odaily News: Trader @The__Solstice bought $80,300 worth of STONK on its first day of listing at a market cap of approximately $2.73 million. The position is currently worth $1.63 million, having peaked at $2.24 million. The address has only sold 21%, still holding the majority of the position.
Odaily News: SK Hynix has again responded to reports that the company plans to sell a partial stake in its Chongqing packaging plant in China, with the deal valued at approximately 4 trillion won (about $2.9 billion). The company stated that it is currently studying various measures to enhance the competitiveness of its packaging business, but as of now, no specific matters have been confirmed. This marks the second disclosure by SK Hynix on the matter, coming a month after its initial announcement on August 10. The company said that if any related matters are confirmed, it will make a separate announcement; if there is still no specific progress, it will disclose again within three months from the date of this announcement, with the next expected disclosure date being December 8. (Interface News)
FinChip and AgentOn today announced a merger agreement, and the two parties will integrate into a unified operating company, branded as Finch, while also announcing the completion of a pre-A round of financing.Finch is valued at 50 million USD in this round, with participation from Waterdrop Capital, Peer VC, and other institutions. Previously, the company had received investments from Longling Investment, ME Group, and X INFINITY. The funds from this round will primarily be used to expand the supply of agents and skills in four major markets, develop enterprise clients and task demand sides, and promote the implementation of skill standards in the industry.
