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According to Jinse Finance, RD Technologies has announced the completion of nearly $40 million in Series A2 financing, led by ZA International, Zhongwan International, Cuiran Investment, and Hivemind Capital, with participation from Sequoia China, Everlasting Digital Capital, Junshi Investment, and Guotai Junan International Private Equity Fund, among others. RD Technologies stated that it will accelerate the development of enterprise-grade stablecoin infrastructure in preparation for the official implementation of Hong Kong’s stablecoin licensing regime on August 1. Meanwhile, ZA Bank has signed a strategic cooperation memorandum with RD Technologies to explore the application of stablecoins in compliant financial services. Previously, RD Technologies participated in the Hong Kong Monetary Authority’s stablecoin sandbox pilot and launched the HKDR stablecoin, which is pegged 1:1 to the Hong Kong dollar. In September last year, RD Technologies completed a $7.8 million Series A1 financing round, with participation from Sequoia (formerly Sequoia China), Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital. This round of financing will enable RD Technologies to continue building a financial platform that connects the Web2 and Web3 worlds and further contribute to the development of Hong Kong’s Web3 ecosystem.

According to ChainCatcher, in the early hours of July 24, the Criminal Investigation Brigade of the You County Public Security Bureau in Hunan successfully dismantled a USDT scam operation, arresting three suspects: Tang, Zhang, and Xu. Since April 2025, the group had rented a residential property to set up their base of operations. Using more than 30 mobile phones, over 10 computers, and overseas SIM cards, they posed as "single women in the overseas crypto community" on social platforms such as Tantan International and Telegram. They lured foreign men over the age of 26 into romantic relationships, then tricked victims into clicking links containing Trojan viruses under the pretense of "mining mechanisms" or "airdrop rewards," thereby stealing USDT assets from Trust Wallets. Police seized a number of devices at the scene, and the three suspects are currently under criminal detention.