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TRON DeFi Summer announced on October 3 that Season 3 (S3) will officially launch on October 4 at 08:00 (UTC+8, Singapore time). This season has a total prize pool of USD 2 million. Four asset pools will be opened simultaneously to provide a 60-day Boosted APR incentive. The allocations are: $TRX pool: USD 1 million; $USDD pool: USD 600,000; JST pool: USD 300,000; SUN pool: USD 100,000.

The event follows the recently concluded Season 2 (S2) and continues to offer interim yield boosts based on the related assets in the JustLend DAO. All four pools will be opened in parallel within the same time window.

For participation, users can enter the JustLend DAO via the DeFi entry point in the Binance Wallet. Users who participated in S2 and have maintained their current holdings do not need to place an additional subscription; they can automatically continue to be eligible for S3 rewards. Users who have not participated yet can prepare the corresponding assets in advance and join after the event starts on October 4, so as to capture the reward window on the first day. According to the event instructions, SGT is aligned with the UTC+8 time zone; the launch time is 8:00 AM on October 4.

The official says that more S3 gameplay will be announced in due course. Reward calculations, claim windows, and eligibility details will be subject to the subsequent announcements from TRON DeFi Summer and JustLend. On-chain yield campaigns involve risks from smart contracts and market volatility. Before participating, it is advisable to verify the official entry points and contract addresses, and not to trust unofficial links.

#TRX #DeFi #TRON does not constitute investment advice

Aave Labs submitted an ARFC proposal titled “The Aave Foundation, Phase 1” to the Governance Forum on October 2. The proposal plans to establish a memberless foundation company, Aave Foundation, in the Cayman Islands under the Foundation Companies Act, to hold the Aave protocol-related trademarks and associated intellectual property for the benefit of Aave protocol stakeholders. The proposal states that, for years, DAOs have funded service providers to produce code, risk tools, and documentation, but ownership often ends up with the contracting party. Additionally, the trademark and primary domain are currently not directly controlled by the DAO.

The first phase covers only entity registration, as well as the appointment of independent directors, supervisors, and a secretary. The DAO will cover reasonable registration, legal, and appointment expenses and will not request a continuing operations budget.

The proposal also specifies that the actual transfer of the trademark, the primary domain, and intellectual property in the protocol code must be submitted for governance voting only after the entity is formed. After the foundation is established, it will disclose—on a quarterly basis—the assets it holds, changes in ownership, operating expenditures, and enforcement actions to the forum. Governance permissions for protocol matters such as listing, parameters, budgets, and selecting service providers remain with $AAVE token holders. The foundation has no right to vote, veto, or serve in an advisory capacity. Neither Aave Labs nor its DAO service providers may appoint or serve as directors or supervisors.

If the ARFC reaches consensus, it will proceed to Snapshot, and then complete registration after on-chain AIP authorization of the establishment fees.

#AAVE #DeFi #治理 does not constitute investment advice

Binance announced on October 2 that, to comply with Brazil Central Bank Resolution No. 521/2025, the cross-border crypto asset deposit and withdrawal process for users in Brazil will be adjusted effective November 1, 2026. When users send or receive crypto assets to or from their own accounts outside Brazil, or from non-resident individuals or companies, they must fill in the purpose of the transfer and confirm the identity of the beneficiary or sender. Foreign trading platforms and self-custody wallets are subject to the same requirements; the collected information will be reported to the Brazilian Central Bank on a monthly basis. Transfers within Brazil are not affected. If you do not make international crypto asset transfers, no additional action is required.

In terms of the process, an international withdrawal or deposit will trigger a questionnaire pop-up: for amounts of USD 50,000 or less, users can select the purpose from a short list; for amounts above USD 50,000, users must look up the complete list of permitted purposes. When transferring to your own account abroad or to a self-custody wallet, some fields will be pre-filled and users only need to review them. If the counterparty is not an institution authorized to operate in Brazil’s foreign exchange market, the per-transaction limit for international crypto asset transfers is USD 100,000, which may be increased to USD 500,000 in the future. Withdrawals cannot be submitted if the required information is not completed; deposits will remain pending, and in certain cases assets may be returned to the sender. Binance emphasized that this update only implements Brazil’s virtual asset foreign exchange rules and is not the Travel Rule; the latter is planned for phased implementation in 2027 and 2028.

#币安 #巴西 #充提 does not constitute investment advice

MetaMask disclosed a base infrastructure security incident on September 30 and took preventive measures, starting to wind down its non-custodial staking business (MetaMask Staking, formerly Consensys Staking) that operates Ethereum validators on the Lido protocol. The company said it has not found any direct threats to MetaMask wallets at present. This staking uses a non-custodial architecture; the platform does not hold users’ withdrawal keys. Validator daily signing and withdrawal destinations are handled by different credentials. The Lido research forum also clarified at the same time: $stETH holders do not need to take any further action.

In terms of the process, the relevant validators have already initiated their exit. The final batch is expected to complete the exit by October 7, 2026 (at which point not all withdrawals will yet be completed). Because Ethereum has a long queue, the full cycle of exit, withdrawal, and re-entry could last up to about 45 days. During this period, users may miss rewards. If validators are taken offline early to reduce the risk of network penalties, they may also incur slashing penalties. On-chain research estimates that around 17,000 validators—totaling about 523,000 $ETH —are in the exit queue, and that about 0.36 ETH in block production rewards were previously directed to an abnormal address. MetaMask has not yet publicly confirmed the above scale and the intrusion path. The investigation is ongoing, and users are reminded to watch for potential phishing risks going forward.

#ETH #MetaMask #质押 does not constitute investment advice

Ethereum Layer 2 network Blast announced in an X post on October 2 that it would gradually cease operations. The project said that when it was launched, its goal was to build a self-sustaining chain for users and developers, but that the maintenance costs have exceeded L2 revenue. It said it could not see a credible path to make the chain’s economics sustainable. The current priority is to ensure a smooth shutdown, and it asks users to withdraw all their assets (including Blast PWA balances) back to $ETH mainnet.

In terms of the process, Blast first reduced the withdrawal delay to 24 hours and will exit its Lido holdings in advance, which is expected to take about a week. During this period, withdrawals will be temporarily unavailable. Once completed, withdrawals will resume with the new 24-hour delay. Users must withdraw via the normal interface before October 26, 2026. After that date, assets can still be withdrawn, but users will need to interact directly with Blast’s cross-chain bridge contract on Ethereum L1. The official side will publish detailed instructions by that time.

Public data shows that locked assets have fallen by roughly 98% from the peak in June 2024—down from more than $200 million to around $32 million. On-chain fee revenue over the past few months has also contracted sharply from its peak. Before the mainnet launch, large deposits were attracted due to expectations of native yield and point incentives, initiated by Blur founder Pacman and supported by firms including Paradigm. $BLAST fell noticeably for a time after the announcement.

#ETH #BLAST #Layer2 does not constitute investment advice

Binance issued an announcement on October 2: To support a system upgrade for the co-operating broker program, the platform’s U.S. stock trading service will be temporarily unavailable from 19:00 to 22:00 on October 3 (UTC+8). During this period, users will not be able to submit stock trading orders. The upgrade window corresponds to 11:00 to 14:00 in Coordinated Universal Time (UTC). The official notice states that the schedule is arranged outside the U.S. regular stock market trading hours.

Announcement notice: The downtime is expected to fall within the above window, and may also end earlier or be extended due to additional work. After the upgrade is completed, the U.S. stock trading service will automatically resume, so users are advised to plan their order placement and cancellation timing in advance. Other product lines such as spot crypto, futures, wealth management, etc. are not included in this suspension; deposits, withdrawals, and trading of crypto assets can continue as usual.

This maintenance is part of the planned work on the cooperating brokerage’s side, not an unexpected platform failure. Binance’s U.S. stock access (Binance US stocks channel) is available to users in eligible regions. The eligible targets cover the ability to trade U.S. stocks and related spot ETFs. If you need to place orders before or after the window, you should avoid the 19:00–22:00 period. For users monitoring progress via the TradFi entry, you can treat this maintenance as a routine operations checkpoint and carry out actions according to the announcement schedule.

#币安 #美股 #系统升级 does not constitute investment advice

Fiserv announced on October 1 (08:30 a.m. Eastern Time, approximately 20:30 in the East 8 time zone) that its digital asset platform has officially gone live for financial institution clients. The first use case is the U.S. dollar–pegged Roughrider Coin launched by a North Dakota bank for interbank funds transfers within the state. The issuance is handled by VersaBank for minting, burning, custody, and reserve management; Fireblocks provides the digital asset infrastructure and tokenization services, and trading and settlement are completed on the $SOL public chain.

More than 90 North Dakota banks and credit unions can access the service via the Fiserv Commercial Center. Initiation, approval, and settlement follow the existing interbank transfer operation screens, without the need to open separate cryptocurrency accounts for the general public. The token is permissioned, one-to-one backed by U.S. dollar reserves, and is restricted to holding and transfers by financial institutions; it is not available for retail users to buy, sell, or invest.

The project was planned starting in October 2025 and advanced for implementation in 2026; it is already live in production. The platform can also support subsequent scenarios such as stablecoin issuance, cross-border payments, programmable commerce, and treasury automation. As of now, no information has been disclosed regarding the settlement amount or the number of active senders. Whether participating institutions can use this new track for daily clearing still requires validation with subsequent data.

#SOL #稳定币 #币圈 does not constitute investment advice

The U.S. Bureau of Labor Statistics announced on October 2 at 20:30 (Eastern Eight Zone): September nonfarm payrolls increased by only 29,000, far below market expectations of about 90,000; the unemployment rate rose to 4.2%, higher than the expected 4.1%. Total employment for July and August was revised downward by about 60,000, and average hourly earnings rose by just 0.1% month over month, below expectations of roughly 0.3%. The Labor Department said employment changes in major industries were not significant. Private-sector employment added about 46,000, while government-sector employment fell by about 17,000.

After the data was released, $BTC briefly surged from around $86,450 to about $87,230, before pulling back to the $86,800–$87,000 area. Spot gold also strengthened in tandem. Expectations in the market for the Fed to stay on hold in the near term warmed up accordingly, contrasting with the earlier mood after the September rate hike when markets had briefly priced in another hike.

$ETH and other major altcoins moved up in line with the trend, but price action was still driven by leveraged positions. Softer jobs data has drawn attention back to the interest-rate path. Whether this rebound can hold will still depend on comparing the next steps with the 10-year real yield, as well as inflation data around October 14, before we can judge if the rally is firmly established. A cooling labor market does not necessarily mean inflation is already under control; the window for market volatility is likely to continue.

#BTC #ETH #行情 is not investment advice

On October 2, the crypto derivatives market saw a rapid liquidation cascade of short positions: within about 10 minutes, roughly 110 million USD in short contracts was forcibly liquidated, forming a typical short-squeeze chain reaction—price spikes triggered liquidations; liquidation buy-backs then pushed the price higher, amplifying short-term volatility through leveraged positions. At the same time, centralized exchanges such as Binance also recorded multiple million-dollar liquidations of $BTC and $ETH short orders. One Ethereum short liquidation, at around 2.1 million USD, was particularly notable. Total liquidation volume was primarily driven by BTC- and ETH-related positions.

According to CoinGlass, in the same time window of about one hour, total liquidations across the market were approximately 122 million USD, with shorts around 119 million USD and longs only about 2.61 million USD. By asset, the figures were about $BTC 8833 (units), $ETH 1827 (units), and SOL at 5.15 million. Shorts accounted for nearly more than 90%, indicating that leveraged short exposure was concentratedly liquidated in a short period of time rather than a balanced long/short retracement. Market risk appetite had been recovering beforehand, but the core driver of this pulse was the position structure—not a single policy-driven catalyst.

Such pulses more often reflect position structure and leverage crowding, and should not be interpreted alone as a trend inflection point. Going forward, attention should be paid to how open contracts are reset, whether new short positions are covered at higher price levels, and whether volatility continues to transmit to spot markets and related liquidity conditions.

#BTC #ETH #清算 does not constitute investment advice

U.S. spot Bitcoin ETFs recorded about $102.7 million in net inflows on October 1 (U.S. Eastern Time), reversing the roughly $149 million net outflows logged on September 30 and turning positive again for the first trading day of October. BlackRock’s IBIT saw about $195.6 million in single-day net inflows, partially offsetting the selling pressure from outflows in products such as Fidelity’s FBTC (around $60.7 million).

On the same trading day, U.S. spot Ethereum ETFs recorded net outflows of about $55.4 million, marking the third consecutive trading day of capital withdrawals. Institutional flows showed a clear divergence between products $BTC and $ETH . Monitoring sources such as Farside indicate that Bitcoin is back to net subscriptions, while Ethereum remains in the redemption range.

Historically, October brings the “Uptober” narrative. This opening, however, looks more like structural divergence rather than a broad, synchronized increase in positions. Going forward, it remains to be seen whether capital flows in both segments can turn positive at the same time; a single day’s net inflow should not be interpreted as trend confirmation.

#BTC #ETH #ETF does not constitute investment advice

On October 2 (UTC+8), on-chain analyst Darkfost cited CryptoQuant data claiming that whale funds transferring more than $1 million in stablecoins to Binance in a single transaction, measured by 30-day cumulative totals, have risen from about $21.7 billion to about $30.5 billion—an increase of more than 40% in just over a month. The scope of the observation focuses on “single transactions at the million-dollar level,” not the total stablecoin supply across the entire market.

Darkfost noted that stablecoin inflows to exchanges often mean funds are preparing to enter the market; this change may correspond to potential buy pressure. However, compared with the period in October 2025 when the 30-day cumulative inflows to exchanges once exceeded about $61.0 billion, current whale deployments still appear relatively cautious. Public analysis also mentioned that factors such as geopolitical conflicts, inflation, and rising U.S. Treasury yields continue to constrain the timing of more aggressive capital entering the market.

In the same period, $BTC and $ETH spot prices fluctuated as risk appetite recovered. The derivatives market also saw concentrated liquidations dominated by short positions. Stablecoin transfers to exchanges do not necessarily mean immediate buying; the funds could also be used for margin, hedging, or reallocation. Going forward, it is still necessary to cross-check spot trade execution, ETF fund flows, and order-book depth, and it is not advisable to interpret a single on-chain inflow as confirmation of a trend.

#BTC #ETH #行情 不构成投资建议

Evernorth Holdings, a treasury company that primarily holds $XRP , and special purpose acquisition company Armada Acquisition Corp. II jointly announced on October 1 that Armada II shareholders approved the business combination between the two at an extraordinary general meeting on September 30. The transaction is expected to close on October 7. After the merger, the combined entity plans to begin trading on the Nasdaq under the stock ticker XRPN starting October 8, subject to satisfying or waiving the remaining closing conditions and obtaining relevant approvals from the exchange.

According to an official press release, the transaction is expected to generate total cash proceeds of approximately $300 million, including approximately $225 million related private placements, $30 million in convertible note financing, and $48 million in funds from the trust account. These amounts have not yet been deducted for transaction fees. Investors also contribute XRP in-kind. The combined fundraising amount for the transaction and related private placements, as stated in the press release, exceeds $1 billion. At closing, Evernorth is expected to hold approximately 473 million XRP, and it said it will become one of the largest publicly listed XRP treasury companies focused on a single asset. Parties involved include Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR. This path provides an equity-level XRP exposure rather than directly listing the token on the Nasdaq. The XRP spot price and the XRPN share price may still diverge. Going forward, it remains to be seen whether the closing is completed on schedule, whether the listing actually takes place, and the treasury’s subsequent plans for additional purchases and operational arrangements.

#XRP #XRPN #行情 does not constitute investment advice

On October 2 (Eastern Eight Zone), on-chain analytics platform Glassnode said that the sell wall at the approximate $85,000 level about $85,000 above $BTC had been absorbed by buy-side orders. This resistance level had been tested multiple times over the prior week but failed to hold effectively; after the related limit sell orders were absorbed or cancelled, sell pressure was temporarily eased. Glassnode noted that the liquidity of sell orders previously accumulated in the $85,000–$85,500 range on Binance’s order book had decreased, and if buy-side demand continues, the upside resistance may weaken temporarily.

Also, according to multiple market sources, around the early hours of October 2, BTC briefly broke through the $85,000 psychological level. In the same period, $ETH also moved slightly higher along with a rebound in risk appetite. Public analysis mentioned that around September 21, the price also briefly broke above this area before falling back. Recently, the net inflows into U.S. spot Bitcoin ETFs had clearly slowed, while the proportion of long-term holders taking profits increased, which had weighed on the ability to sustain the move. The sell wall is made up of limit orders; traders can cancel orders at any time or re-post them. The disappearance of the wall does not mean resistance is permanently gone. Going forward, it will be important to monitor order-book depth, ETF fund flows, and the timing of realizations by holders, and it’s not advisable to interpret a single order-book change as confirmation of a trend. Changes in macro interest rates and shifts in risk appetite can also affect short-term price fluctuations.

#BTC #ETH #行情 does not constitute investment advice

The U.S. Securities and Exchange Commission (SEC) filed a proposal for custody rules for crypto assets on October 1 (U.S. Eastern Time), setting out a compliance framework for registered investment advisers and regulated fund custody clients’ crypto assets. Under the proposal, advisers would be allowed to self-custody under certain conditions, and qualifying state-chartered trust companies could serve as custodians—so institutions would still have a pathway to hold assets directly, such as $BTC and $ETH , when qualified custody infrastructure is not yet fully in place.

According to the disclosure, “self-custody” here refers to the adviser keeping custody of the assets on behalf of clients, not the end users holding their own keys. Applicable conditions include that the adviser has demonstrated professional expertise in crypto custody, confirms that no qualified third-party custody providers are available, and must reassess the situation on a quarterly basis. The proposal would also set requirements for recordkeeping, federal disclosures, and audits. A 60-day public comment period would begin after the proposal is published in the Federal Register.

SEC Chair Paul Atkins said that the current custody rules are mainly oriented toward traditional assets, and this new proposal aims to provide a “compliance pathway that previously did not exist” for crypto custody. The document is still in the proposed stage; the final text and effective timing will be subject to the SEC’s subsequent official procedures.

#SEC #BTC #监管 does not constitute investment advice

The cross-chain trading protocol NEAR Intents confirmed on October 1st (GMT+8) that it had suffered a security attack, with an initial loss of about $3.8 million. The team said the vulnerability came from the interaction between the Omni deposit/withdrawal infrastructure and the smart contract; the contract-side issue has been fixed, and the team has promised full reimbursement of affected funds. Core transactions and related website services are planned to resume quickly. During a period when the service was temporarily paused, $NEAR saw an intraday drop of about 6%.

The product is designed for cross-chain exchanges: after a user states an exchange intent, an independent market maker (solver) handles the path-finding and bidding in the background, without the user needing to choose a bridge. On-chain monitoring shows that the anomalous funds were sent out in multiple transactions from a related BSC hot wallet; after moving to an exchange, some were cross-chained to the $BTC network. The team said it has filed a report with law enforcement and is working with security and on-chain analytics firms to track the funds; a post-incident review will be published in the following days.

The official also added: deposit/withdrawal channels for roughly 11 public chains, including BSC, Polygon, TON, Optimism, Avalanche, and Stellar, still require an additional repair window of about 12 hours. During that window, users’ related assets may be temporarily unable to move in or out. The incident points to a cross-chain deposit/withdrawal infrastructure defect, not to the NEAR mainnet consensus itself. The reimbursement schedule and details will be subject to the official’s subsequent clarification.

#NEAR #BTC #安全 does not constitute investment advice

In a research note disclosed by Citigroup on October 1, the firm raised its 12-month target price for $BTC from $82,000 to $113,000, and lifted its 12-month target price for $ETH from $2,240 to $3,028. The document is dated Wednesday.

The bank’s key rationale includes a rebound in activity in the crypto market, a generally more favorable macro environment, and expectations that capital inflows into investment products such as ETFs will resume.

Citigroup expects that as advisors and brokerages gradually increase their Bitcoin allocations, related capital inflows will proceed in a “slower but steadier” rhythm. It also projects that crypto-related inflows over the next 12 months will total about $5 billion, with the path depending more on the gradual rebuilding of institutional allocations rather than a one-off, large-scale rush. This contrasts with July of this year: at the time, the bank had cut its 12-month Bitcoin target from about $112,000 to $82,000 and reduced its expected inflows from roughly $10 billion to nearly zero. The note also mentions that after the U.S. Senate failed to advance the CLARITY Act, subsequent SEC rule announcements eased some of the negative sentiment; macro changes such as the Treasury’s repurchases of longer-term Treasuries and a weaker U.S. dollar were also written into the supporting narrative. This target reflects an institutional 12-month research outlook and depends on whether inflows and the macro picture can materialize—it is not a short-term price guide.

#BTC #ETH #行情 does not constitute investment advice

Binance Square announced on October 1 the launch of U.S. stock earnings season content: around listed companies’ earnings releases, it will provide earnings previews, real-time news, live breakdowns, market commentary, and after-hours reviews—covering follow-up from expectations through performance delivery. The first edition will focus on Micron Technology (Nasdaq: MU) for FY2026 fourth quarter, and will include an earnings special, live sessions, and related discussions. Key areas of the analysis include revenue, adjusted earnings per share, gross margin, and next-quarter earnings guidance.

Micron reported results for the quarter on September 30 (U.S. Eastern Time): revenue of approximately $54.23 billion, adjusted EPS of approximately $33.42, and non-GAAP gross margin of approximately 87.0%, all higher than the company’s prior guidance of about $50 billion in revenue (with a $1 billion swing up or down), about 86% gross margin, and about $31 adjusted EPS. The company gave an outlook for FY2027 first quarter of revenue of approximately $61.5 billion (with a $1.5 billion swing up or down) and adjusted EPS of approximately $38.15 (with a $1 swing up or down). Binance Square said it will continue to roll out content around more key U.S. stocks and earnings milestones, including an earnings calendar, breaking news, commentary, and after-hours reviews. Users can follow relevant stocks and earnings specials on the Square to get updates.

#币安广场 #美光 #财报 does not constitute investment advice

Binance co-CEO Richard Teng said in a post on X on October 1 that tokenization could change the way global investors access stock markets, but this process will not happen overnight. He cited data from the Binance Research Institute: by 2026, the tokenized stock market is expected to grow by about 390% to roughly $4.43 billion, which is only about 0.0029% of the approximately $151.9 trillion global listed stock market. In other words, on-chain stock assets are still at an early stage compared with traditional stock markets; the penetration rate is extremely low, which also means the longer-term upside remains a topic the market repeatedly discusses.

Under Binance Research Institute’s baseline scenario, the tokenized stock market could grow from the current roughly $4.43 billion to about $349 billion by 2030 (about $34.9 billion). A related scenario provides a more conservative reference of about $61.0 billion and a more optimistic one of about $987.0 billion. Growth within the year will be significant, but the absolute market size remains small; the pace of further expansion will depend on asset issuance, distribution channels, and how regulations are implemented across different jurisdictions. Public research also notes that the share of stock-tokenized assets being used in on-chain financial scenarios—such as liquidity pools and lending—is rising. Industry focus is shifting from “whether it can be put on-chain” to “how it is actually used after being put on-chain.” The figures above provide medium-to-long-term size reference points; the specific usability of products will still vary by region and compliance requirements.

#代币化 #RWA #币安 does not constitute investment advice

MetaMask reported on September 30 that some of its core infrastructure is handling a security incident and said that it has not yet found any direct threat to MetaMask wallets. To reduce risk, MetaMask Staking (formerly Consensys Staking) has begun a precautionary exit of its Ethereum ($ETH ) validator nodes operating on the Lido protocol. The relevant nodes are expected to complete their exit by no later than October 7 (not all withdrawals have been completed yet).

Lido said that $stETH holders do not need to take action. The exited ETH will gradually return to the protocol as the nodes complete their exits, withdrawals, and re-staking. Because the queue is currently long, the entire cycle is expected to take up to about 45 days. Staking is non-custodial; MetaMask does not hold or manage customers’ withdrawal keys. Possible impacts during the exit period include reward loss and an offline penalty resulting from proactively taking nodes offline to reduce potential network penalties. Lido said it uses mechanisms such as diversified node operators and a temporary reserve of more than 6,750 stETH to mitigate the impact on the protocol’s normal operation.

#ETH #Lido #MetaMask does not constitute investment advice

On September 30, HSBC officially named the soon-to-be-launched Hong Kong dollar stablecoin “HSBC RedCoin” (HSBC RedCoin). The bank stated clearly that no stablecoin has been issued in Hong Kong yet. In April 2026, it obtained a Hong Kong dollar stablecoin issuer licence from the Hong Kong Monetary Authority, with plans to launch a Hong Kong dollar–denominated stablecoin in the second half of 2026. During the initial rollout, it will be made available only through PayMe and HSBC Hong Kong’s mobile wealth-management app; more details will be announced separately.

The product will be rolled out in phases: the first phase will focus on person-to-person (P2P) and person-to-merchant (P2M) payments, closely aligning with everyday transfers and consumption scenarios. It will later expand into areas such as corporate finance and business-level use cases, supported by public educational content within the app and on the official website. A local customer survey conducted on the same day involving more than 1,000 participants showed that about 74% of respondents have noticed at least one stablecoin use case. Awareness was particularly high for scenarios such as digital-asset trading and tokenized investments, personal transfers, cross-border payments, and merchant payments. Clearer regulatory guidance and anti-fraud education were listed as key factors enhancing confidence. HSBC also reminds customers that it has no connection to any fraudulent stablecoins that misuse its brand, and that customers should guard against related scams.

#稳定币 #港元 #汇丰 does not constitute investment advice