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VIPBitget VIP Weekly Research InsightsStablecoins have recently emerged as a key focus for central banks and financial institutions, with the potential to reshape global payment systems and financial infrastructure. According to data from Chainalysis, stablecoins have surged to a monthly trading volume of trillions of dollars, accounting for 60% to 80% of total cryptocurrency trading volume. This explosive growth has attracted significant attention from traditional financial players, who are accelerating their integration into the digital economy by issuing stablecoins, contributing to blockchain network development, and offering related financial services. In the U.S., financial giants such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are exploring the potential of jointly issuing stablecoins. At the same time, regulatory discussions surrounding stablecoins and the proposed GENIUS Act are gaining significant momentum in mainstream media. In the Web2 world, traditional companies like Stripe have entered the space by acquiring Bridge to build out stablecoin payment capabilities. Meanwhile, Circle has emerged as one of the most influential crypto firms in the U.S. stock market, second only to Coinbase, driven by the success of its USDC stablecoin. In the DeFi space, Yield-Bearing Stablecoins (YBS) are drawing substantial capital inflows with their innovative interest-generating mechanisms.
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- 05:44A certain wallet has recently accumulated over $480,000 worth of GP tokens, with total prepared funds nearing $1.1 million.According to ChainCatcher, on-chain analytics platform Stalkchain has monitored that a certain wallet transferred in $249,000 twenty-two days ago and has been continuously purchasing GP tokens. This wallet deposited $843,000 from an exchange over sixteen days and has been slowly buying GP. Currently, the wallet has accumulated tokens worth approximately $481,200, with the latest purchase today costing $50,000.
- 05:43A newly created address deposited 2.59 million USDC and opened a 1x leveraged long position on XPL.According to Jinse Finance, Onchain Lens monitoring shows that a newly created wallet deposited 2.59 million USDC into HyperLiquid and opened a long position on XPL with 1x leverage.
- 05:27CME XRP futures open interest surpasses $1 billionAccording to Jinse Finance, CME Group's XRP futures have surpassed $1 billion in open interest just over three months after their launch, reaching this scale faster than Solana futures. Currently, the notional open interest of CME Group's cryptocurrency futures product portfolio has exceeded $30 billion.