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Gate will hold the "RACING THE FUTURE Vol 3" special event at the Singapore F1 circuit on October 8, inviting Laurent Mekies, CEO and Team Principal of the F1 Red Bull Racing team, along with over a dozen VIPs and high-end clients for exclusive discussions. The event will take place in the core area of the Singapore circuit, where Laurent Mekies will engage in face-to-face conversations with guests about the core strategies, event operations, and behind-the-scenes stories of the Red Bull Racing team, sharing the practices and experiences of a top racing team both on and off the track.This event will adopt a small-scale, targeted invitation format, placing the communication scene in the unique setting of the F1 circuit to provide VIP users with a deeper and more exclusive communication experience. As the official sponsor of the F1 Red Bull Racing team, Gate not only reaches a global sports audience through event collaborations but also further integrates top racing resources into user services and brand communication scenarios, offering VIP users exclusive opportunities to access international top sports resources and understand team operations and competitive decision-making.In addition, Gate will also host an F1 Red Bull driver meet-and-greet during TOKEN2049, inviting F1 World Champion and Red Bull Racing driver Max Verstappen and teammate Isack Hadjar to appear at the Gate Lounge, where they will interact with fans through autographs, photos, and engagement. By covering diverse scenarios such as driver interactions, management discussions, and high-level dialogues, Gate will further deepen its cross-border collaboration with the F1 Red Bull Racing team and expand the connection between digital assets and global sports, technology, and mainstream culture.

According to CoinDesk, Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has completed her term today. She served in the agency for over 8 years and voted against the committee's decisions to take enforcement actions instead of creating industry-compliant rules multiple times, and she was an early proponent of the token safe harbor proposal.Hester Peirce previously led the Crypto Task Force and stated that the SEC's duty to protect investors includes using regulatory authority to provide regulatory boundaries for the rapidly expanding digital asset industry.

Circle disclosed that it has responded to the European Commission's targeted consultation on MiCA. Circle stated that MiCA has provided a first-mover advantage for Europe, with approximately 30 types of electronic currency tokens authorized. However, among the top 25 stablecoins by global market capitalization, only 3 are regulated by MiCA, namely USDC, USDG, and EURC, indicating a gap in the regulatory scope of MiCA that fails to cover the largest global tokens.Circle suggests maintaining a multiple issuance structure, where globally circulating stablecoins are jointly issued by EU entities authorized under MiCA and foreign regulatory entities. It also recommends establishing an equivalence and recognition system for foreign regulatory stablecoins similar to EMIR, CSDR, and MiFIR, with the regulatory authority of the issuer's jurisdiction primarily responsible for supervision, while the EU level conducts equivalence recognition and EBA entity approval. Regarding reserve requirements, Circle believes that MiCA's requirement for issuers to deposit at least 30% of reserve assets in commercial bank deposits will increase bank credit and counterparty risk, supporting the European Central Bank to reconsider this requirement, and suggests removing two concentration rules from the EBA technical standards.

According to Whale Alert monitoring, the USDC Treasury address minted 250 million USDC on the Solana chain, worth approximately 250 million USD.

According to U.S. officials, the Pentagon will send a third aircraft carrier strike group and more Marine Corps vessels to the Middle East, adding 9,000 to 10,000 soldiers to the region.

According to the official announcement from USA₮, Anchorage Digital Bank released a reserve report showing that as of August 31, the circulation of USA₮ reached 175.73 million, an increase of nearly 10 times from 17.5 million at the end of January, with total reserve assets of 176.4 million USD and the value of over-circulated tokens at 660,000 USD.USA₮ is issued by the federally chartered bank Anchorage Digital Bank, supported by Tether, and complies with the requirements of the GENIUS Act.

On-chain data shows that at 9:37 AM Beijing time today, USDC Treasury minted an additional 250 million USDC on the Solana network.

Circle has partnered with payment technology company Volante Technologies to integrate USDC-related workflows into Volante's existing payment platform. Financial institutions can incorporate stablecoin payments and settlements into their existing systems without having to build a separate digital asset technology stack.Volante's clients include four of the top five corporate banks globally and seven of the top ten banks in the United States. These institutions will be able to evaluate processes such as USDC minting, redemption, wallet registration, fund injection, and inter-wallet payments, and use them in parallel with existing payment rails.

Stablecoin issuer Circle Internet Group (NYSE: CRCL) disclosed in an 8-K filing submitted on September 25 that co-founder P. Sean Neville has resigned from the board for personal reasons, effective immediately, reducing the board size from 8 to 7 members.On the same day, Chief Financial Officer Jeremy Fox-Geen notified the company of his intention to resign, but will remain until the end of 2026 to assist with the transition. Circle has engaged an executive search firm to find successors. The company stated that the departures of both individuals were not due to disagreements regarding the company's operations, policies, or practices.

Stablecoin issuer Circle is hiring a "Senior Director, Ecosystem Growth, South Korea" in South Korea, responsible for developing market entry strategies, tracking regulatory dynamics, and establishing partnerships within the domestic financial and digital asset industry.The position requires candidates to have over 13 years of business development experience, familiarity with stablecoins, DeFi, and institutional financial liquidity, and fluency in both Korean and English. Circle previously stated that its strategy in South Korea is not to directly issue a Korean won stablecoin, but to collaborate with local Korean won stablecoin issuers to provide infrastructure connecting to the US dollar stablecoin.

Recently, there has been a significant price deviation of fiat currency-pegged stablecoins in South Korean virtual asset exchanges. The Japanese yen stablecoin JPYC surged to four times its benchmark price after its listing, the euro stablecoin EURC skyrocketed over 400% in a single day on Bithumb, and the US dollar stablecoin PYUSD also showed a noticeable premium.Analysis suggests that the aforementioned fluctuations are due to insufficient circulation in the early listing phase combined with concentrated buying, unrelated to the issuer's asset preparation. Industry experts point out that relying solely on reserves cannot prevent price distortions in the secondary market, calling for the establishment of initial circulation guarantees, market maker (MM) and liquidity provider (LP) mechanisms during the design phase of the original Korean won stablecoin system, as well as the introduction of measures such as public disclosure of price deviation rates and restrictions on market orders.

According to Cointelegraph, the prediction market platform Kalshi won an important ruling from the U.S. Sixth Circuit Court of Appeals, allowing it to continue operating its event contracts in Ohio and Tennessee.The ruling involves a dispute between Kalshi and the relevant state regulatory agencies regarding whether event contracts can continue to be offered. Cointelegraph stated that the court ruled to allow Kalshi's event contracts to continue operating in the aforementioned two states.

On-chain data shows that at 5:42 and 11:04 Beijing time today, USDC Treasury minted a total of 250 million USDC on the Solana network, bringing the total minting today to 500 million USDC in two instances.

According to The Block, Circle's Chief Financial Officer Jeremy Fox-Geen plans to step down after more than five years in office, with an expected departure by the end of December, unless the company identifies a successor earlier. Circle stated that it has engaged an executive search firm to initiate the recruitment process for a new CFO.

According to data from the Bitcoin financial service provider River, currently 81% of the circulating Bitcoin has not been transferred for over six months, indicating a stronger tendency for holders to withhold their assets, which is seen as a strong long-term holding (HODL) signal.

Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), announced she will resign on October 2. She published her resignation letter on social media platform X on Friday, revealing this date. Peirce is known in the industry as "Crypto Mom," having long advocated for clear rules for the crypto industry. During the tenures of Jay Clayton and Gary Gensler as chairmen, the SEC took a tough enforcement stance on crypto, while she continued to push for industry regulation. During the Trump administration, she was involved in rule-making and was appointed last year to lead the newly established SEC crypto working group.Her work in crypto encompasses policy statements and guidance on areas such as mining, staking, and meme coins, with the most important aspect being the classification and definition of various crypto assets to clarify regulatory jurisdiction. Recently, the SEC began proposing formal rules, the first being "Regulation Crypto Assets," which establishes a framework for issuing crypto assets that does not trigger strict securities regulation. The SEC also opened a path for tokenization of securities, known as "innovation exemptions," to initiate the era of securities tokenization with a five-year limited period.Peirce will become an associate professor at Regent University School of Law. After her departure, the SEC will have only two commissioners left, Atkins and Mark Uyeda, and the rules allow the two to constitute a quorum. On the same day, the SEC released a frequently asked questions document on crypto assets, addressing how to avoid triggering the "necessary managerial efforts" determination when marketing tokens, and discussing issues such as when staking receipt tokens and secondary markets are considered "promoters" of investment contracts.

Stablecoin issuer Circle's Chief Financial Officer Jeremy Fox-Geen will step down at the end of this year, and the company has begun the search for his successor.According to the disclosed departure agreement, Fox-Geen will receive a conditional cash payment of $1.05 million.

The Circle Foundation announced two grants to the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to explore the application of digital payments and digital financial infrastructure in humanitarian aid and development projects.The Circle Foundation stated that the relevant programs will study how to utilize digital payments and regulated payment-type stablecoins to disburse funds to aid recipients more quickly, transparently, and at a lower cost.For the UNDP, the grant will be used to establish and operate a "Digital Asset Innovation Pool," helping country offices expand previous digital payment pilot projects conducted in Syria, Haiti, Guatemala, and Gambia from single projects to regular project execution, and provide support such as regulation, operations, and beneficiary protection; this mechanism will not replace traditional banking channels but will serve as a complementary option outside the existing payment system.For the WFP, the grant will support the establishment of governance, risk management, funding, reconciliation systems, and compliance tools necessary for stablecoin payments, and integrate local fintech and mobile payment services. Over the next three years, the WFP plans to test 2 to 3 payment channels connecting its payment system with local financial service providers and markets to assess the performance of stablecoin payments in terms of efficiency, transparency, and resilience.

According to on-chain data, Tether has successfully frozen 218,000 USDT in the stolen address from Bitget, which is a "three-hop" associated address of the initial stolen address from Bitget. This address remained inactive for over 2.5 hours after being discovered.Crypto KOL tanuki42 initiated a tracking of "Circle vs Tether" at that time and asked which of the two companies would freeze the related assets first.Currently, Circle has frozen the related stolen assets 7 hours and 18 minutes earlier than Tether.