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Circle CEO Jeremy Allaire stated that Circle has expanded its collaboration with Upbit operator Dunamu to support the compliant adoption of digital assets and has enhanced its partnership with Bithumb to improve stablecoin infrastructure and raise market awareness of stablecoins.Jeremy Allaire mentioned that South Korea is rapidly advancing regulations on stablecoins and digital assets, with a high local cryptocurrency adoption rate. During his time in Seoul, he also met with representatives from KakaoGroup, Coinone, Hashed, Shinhan Bank, KB Financial Group, and Woori Bank.

Tether CEO Paolo Ardoino stated: "The adoption of USDT on Hyperliquid is growing rapidly."Data shows that USDT has increased from almost no share on Hyperliquid to accounting for 7.8% of the total trading volume of HIP-3 in less than three months.

As USDC's trading volume continues to soar in South Korea, Circle CEO Jeremy Allaire plans to visit Korea next week to meet with executives from several major commercial banks and leading cryptocurrency exchanges to discuss the application scenarios of stablecoins in Korea, international payment cooperation, and plans for a stablecoin based on the Korean won.On the banking side, Allaire intends to hold "continuous meetings" with leaders from market-leading institutions such as KB Kookmin Bank, Shinhan Bank, and Hana Bank. Notably, KB Kookmin Bank met with Circle last June and has completed a feasibility concept test using the Circle Mint platform. On the trading platform side, Allaire also plans to meet with executives from Upbit operator Dunamu, as well as Bithumb, Coinone, and other trading platforms to discuss expanding USDC adoption, the Korean payment ecosystem, and measures to support cross-chain technology.

According to Cointelegraph, Edward Felten, co-founder of Offchain Labs, stated in his keynote speech at EthCC 2026 that Ethereum's layer two networks need to introduce a "dynamic pricing" mechanism to support billions of users and reduce fee fluctuations during network congestion.Felten pointed out that the current drastic fluctuations in Gas prices remain the main means of resisting network overload, but this volatility poses a significant barrier to mainstream users. He stated that a dynamic pricing mechanism could accommodate more transaction volume at lower Gas prices while avoiding infrastructure overload.In response, developer Julian Kors noted that the main drawback of dynamic pricing is its predictability, which is lower than that of EIP-1559. Cyprien Grau, head of the Status Network project, believes that while this model improves fee accuracy, it still does not address structural issues— as competition for scaling intensifies, layer two network Gas fees trend towards zero in the long term, and dynamic pricing is essentially still an income model built on continuously depreciating assets.

According to CoinDesk, Japanese industrial company MHI Group announced the adoption of JPMorgan's blockchain technology to achieve cross-border instant transfers, becoming the first company in Japan to use this service.

According to The Block, BlackRock's tokenized fund BUIDL has introduced the oracle provider Chronicle as a new verification solution.According to a Tuesday announcement, Chronicle's "Asset Proof" system will provide "independently verified position-level data," which can be viewed on the Chronicle dashboard. This data "continuously proves the availability, timeliness, and integrity of the fund's asset composition." Chronicle's asset proof is an institutional-grade oracle layer that directly obtains data from custodians and managers. BUIDL is currently the largest tokenized fund, managing approximately $1.7 billion in U.S. Treasury bonds, overnight repos, and cash assets.

According to CoinDesk, Robin Vince, CEO of BNY Mellon, stated that large financial institutions will play a key role in the next phase of crypto adoption, serving as a bridge between traditional finance and digital assets.He pointed out that tokenization is one of the key areas, including the creation of digital tokens for money market funds and new classes of stocks. Vince emphasized that trust and regulation will determine the pace of industry growth, requiring clear rules. Vince mentioned that areas with current system inefficiencies, such as lending and real estate, may benefit first from tokenization.He also noted that the divergence between the crypto industry and traditional banks regarding the handling of stablecoin yields continues. He believes this transformation will be a long-term process of 5 to 15 years, depending on the coordinated progress of technology, regulation, and market participation.

BNY Mellon CEO Robin Vince stated at the Digital Asset Summit in New York that the next phase of adoption in the crypto industry will depend on large financial institutions, as banks can connect traditional finance with the digital asset ecosystem.Robin Vince mentioned that BNY Mellon has already provided digital asset custody services and emphasized that tokenization is a key focus area, including the creation of new digital share classes for money market funds to issue existing products in tokenized form. He also pointed out that sectors such as lending and real estate may benefit first from tokenization.Robin Vince emphasized that trust and regulation will affect the speed of industry development and stated that a clear regulatory framework with "clear rules" is needed. He added that the U.S. GENIUS Act has been passed, while the revised Digital Asset Market Clarity Act is still progressing, with ongoing controversies regarding the treatment of stablecoin yields; the latest compromise allows rewards related to user activity but does not permit interest payments on stablecoin balances. He also stated that institutional participation still relies on security and regulation, and that this process will take 5 to 15 years.Morgan Stanley's Amy Oldenburg stated that banks expanding into the crypto space is not driven by hype, but rather a progression after years of infrastructure development.

According to market news, BlackRock CEO Larry Fink stated that as institutional adoption accelerates, Bitcoin and cryptocurrency business is expected to bring BlackRock $500 million in revenue annually over the next five years.

According to CoinDesk, the Solana Foundation released a report titled "Privacy on Solana: A Comprehensive Approach for Modern Enterprises," which suggests that enterprise-level adoption requires flexible privacy controls and positions privacy as a customizable feature rather than a trade-off.The report argues that the next phase of crypto adoption will depend more on allowing enterprises to control the subjects and content of information disclosure, rather than solely relying on transparency. The Solana Foundation proposes that privacy encompasses four different modes: pseudonymity, confidentiality, anonymity, and complete privacy systems. Pseudonymity hides identity while transaction data is visible; confidentiality allows participants to be known but encrypts sensitive information; anonymity hides participant identities while transaction data is visible; and complete privacy systems obscure both identity and transaction data through technologies such as zero-knowledge proofs and multi-party computation.The report emphasizes that there is no single privacy model suitable for all scenarios, and enterprises can mix different tools according to their needs. The report notes that Solana's high throughput and low latency enable advanced privacy technologies to operate at near-network speeds, making applications such as encrypted order books or private credit risk calculations possible. The Solana Foundation also proposed mechanisms such as "audit keys," allowing designated parties to decrypt transactions when necessary, thus achieving coexistence between privacy and regulation.

According to Cryptonomist, financial services provider Apex Group Ltd. announced that it will adopt T-REX Ledger as its default multi-chain orchestration infrastructure, covering the ownership and compliance of tokenized assets across multiple blockchain networks.It is reported that the T-REX Ledger is a public, neutral infrastructure capable of aggregating and synchronizing investor records, compliance checks, and transfer control information across interconnected blockchains and traditional distribution channels.This ledger is built on the Polygon CDK and connects through Polygon's interoperability protocol Agglayer. Therefore, it enables real-time compliance synchronization across chains without any network relinquishing sovereignty or control over its environment.

According to Jinshi reports, Federal Reserve Chairman Powell stated that he does not wish to adopt overly tight policies due to the downside risks in the labor market.

According to The Block, Amy Oldenburg, the head of digital asset strategy at Morgan Stanley, stated at the Washington Blockchain Summit that the adoption of crypto ETFs is still in a very early stage, with about 80% of the demand for crypto ETFs on the platform coming from self-directed investors rather than advisor-managed accounts.Oldenburg described Morgan Stanley's advancement of crypto products as "an orderly step-by-step journey," emphasizing that the wealth management team still has a lot of work to do in terms of education and portfolio construction to help financial advisors incorporate digital assets into asset allocation models. Morgan Stanley has opened brokerage account purchase permissions for Bitcoin ETFs in 2024 and applied to list Bitcoin and Solana spot ETFs in January of this year.At the institutional allocation level, Morgan Stanley's Global Investment Committee recommends that the allocation of crypto assets in model portfolios should not exceed 4%, while Bank of America also supports an allocation range of 1% to 4%, and BlackRock and Fidelity have provided similar guidance. Bitwise Chief Investment Officer Matt Hougan pointed out that some professional investors are currently considering increasing their allocation to about 5%.

According to market news, the RWA platform Matrixdock has announced the launch of the institutional-grade silver token XAGm, bringing silver, a widely traded precious metal commodity in traditional markets, into on-chain finance.This product is backed by fully physically allocated silver as the underlying asset and introduces silver bar assets that comply with LBMA Good Delivery standards, which are custodied through institutional-grade vaults. XAGm adopts Matrixdock's FRS (Fungible Reserve Standard) issuance framework, establishing a verifiable correspondence between on-chain token supply and underlying asset holdings, and will initially be deployed on the Ethereum network, with plans to expand to more blockchain ecosystems in the future.Eva Meng, head of Matrixdock, stated that there are still relatively few tokenized silver products that meet institutional-grade standards in the market. XAGm will bring fully physically allocated silver assets, custodied by professional vaults, onto the chain and operate within a clear and verifiable framework.This release also marks further expansion of the Matrixdock Reserve Layer system and enriches the on-chain precious metal reserve asset system.

According to The Block, on-chain analytics firm CryptoQuant states that Ethereum is facing an "adoption paradox," where network activity has reached an all-time high, yet the price of ETH has significantly dropped.The research director at CryptoQuant indicated that if the bear market continues, ETH could further decline to around $1,500, a level that may be reached by the end of Q3 or the beginning of Q4 this year. Data shows that Ethereum's daily active addresses hit an all-time high last month, surpassing levels seen during the 2021 bull market, while ETH has dropped over 50% from this cycle's peak. Activity generated by smart contracts and automated protocols has also surged, with internal contract calls reaching an all-time high last month, but the historical relationship has deteriorated, weakening the positive correlation between ETH prices and contract-driven activity.CryptoQuant pointed out that exchange inflows explain ETH price dynamics better than network activity metrics, and a higher exchange inflow ratio of ETH relative to Bitcoin indicates stronger relative selling pressure. Ethereum's realized market cap has recently turned negative over the past year, indicating that capital is flowing out, even as on-chain activity continues to grow. The research director stated that ETH needs to see positive capital inflows and lower exchange inflows to emerge from the bear market.

According to The Block, the token issuance platform Doppler, which supports most new token launches on the Base chain, has announced its expansion to the Solana network.Doppler stated that this migration is not a simple port or fork, but a native implementation tailored to Solana's unique architecture, constraints, programming model, and economic mechanisms. Doppler noted that it has been operating on multiple EVM chains and has integrated applications such as Zora and Bankr.

According to The Block, amid ongoing disputes over stablecoin yields, senior House Republican French Hill has suggested that the Senate directly adopt the House-passed cryptocurrency market structure bill, the CLARITY Act, to advance the legislative process.The bill received bipartisan support in the House last year but did not address the current contentious issue in the Senate—the stablecoin yield problem. Hill stated that if the Senate cannot reach a clear conclusion, it should consider adopting the House version, which has the support of 78 Democrats, as a solution. He also noted that the Treasury could intervene, as the OCC released a proposal last week regarding the implementation of the GENIUS Act and sought public comments.

The founder of Openclaw, Peter Steinberger, recently confirmed in an interview with Lex Fridman that Openclaw has received acquisition offers from multiple companies. Regarding potential funding in the hundreds of millions or even billions, Steinberger stated, "I am not interested at all. I have been a CEO once, and that path would consume all my time and lead to conflicts of interest, such as prioritizing the enterprise version or modifying the open-source license, which would harm the community. What I want is completely free and open-source without any conditions. Moreover, relying on donations is simply not sustainable; even popular projects like Tailwind are laying off staff."Additionally, Steinberger mentioned that Openclaw is currently losing money. Monthly revenue is between $10,000 and $20,000, but it subsidizes personal maintenance of dependency projects. Companies like OpenAI provide some support, but it is still not sustainable. Regarding the option to collaborate with large labs, Steinberger stated that the core condition is that the project must remain open-source, similar to Chrome and Chromium. "This matter is too important to be left entirely to one company. Moreover, the community atmosphere of ClawCon is particularly precious; it embodies the enthusiasm that was present in the early days of the internet. I want to spread it to more people; this year is the year of personal agents, and collaborating with labs is the fastest way. I have never worked at a large company, and I want to experience that."