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according to CoinDesk, based on the latest report from McKinsey and Artemis Analytics, stablecoins transferred over $35 trillion on the blockchain last year, but only about 1% of that was used for real-world payments. Their analysis estimates that only $380 billion of activity reflected actual payments, such as payments to vendors, remittances, or payroll. This accounts for only a small portion of the total global payments, approximately 0.02% of the total global payments, while McKinsey estimates the total global payments exceed $20 quadrillion annually.

[Analysis: Last year, stablecoin transactions reached $35 trillion, but only 1% was used for "real-world" payments.]according to CoinDesk, based on the latest report from McKinsey and Artemis Analytics, stablecoins transferred over $35 trillion on the blockchain last year, but only about 1% of that was used for real-world payments. Their analysis estimates that only $380 billion of activity reflected actual payments, such as payments to vendors, remittances, or payroll. This accounts for only a small portion of the total global payments, approximately 0.02% of the total global payments, while McKinsey estimates the total global payments exceed $20 quadrillion annually.

Analysis: Last year, stablecoin transactions reached $35 trillion, but only 1% was used for "real-world" payments.

according to Onchain Lens monitoring, the whale address "0xf35" has liquidated all its high-position XMR (2x leverage) long positions, incurring a loss of $896,020.

[A whale closed out its long XMR position opened at a high price, incurring a loss of $896,000.]according to Onchain Lens monitoring, the whale address "0xf35" has liquidated all its high-position XMR (2x leverage) long positions, incurring a loss of $896,020.

A whale closed out its long XMR position opened at a high price, incurring a loss of $896,000.

community users are calling on X product leader and Solana advisor Nikita Bier to focus more on clearing scam accounts on the platform, rather than concentrating on niche communities such as crypto or InfoFi. It is reported that there are currently about 22,600 newly registered fake X accounts, which frequently pull users into Spaces with real-time voice tags and attach scam presale phishing links. The scale has become difficult to handle through manual reporting or blocking one by one. It is also suggested to introduce a facial recognition login mechanism, which would significantly reduce the number of malicious actors. In response, Nikita Bier stated that the issue has been noticed and the team is currently working on resolving it.

[Product Manager X: We are aware of the large number of fraudulent accounts abusing the Space tag and will address the issue.]community users are calling on X product leader and Solana advisor Nikita Bier to focus more on clearing scam accounts on the platform, rather than concentrating on niche communities such as crypto or InfoFi. It is reported that there are currently about 22,600 newly registered fake X accounts, which frequently pull users into Spaces with real-time voice tags and attach scam presale phishing links. The scale has become difficult to handle through manual reporting or blocking one by one. It is also suggested to introduce a facial recognition login mechanism, which would significantly reduce the number of malicious actors. In response, Nikita Bier stated that the issue has been noticed and the team is currently working on resolving it.

Product Manager X: We are aware of the large number of fraudulent accounts abusing the Space tag and will address the issue.

river Surges 20.00% in 24H, Currently at 52.0308 USDT

【river currently trades at 52.0308 USDT, up 20.00% in 24h, according to HTX market data.】river Surges 20.00% in 24H, Currently at 52.0308 USDT

river currently trades at 52.0308 USDT, up 20.00% in 24h, according to HTX market data.

river Surges 10.00% in 24H, Currently at 50.0 USDT

【river currently trades at 50.0 USDT, up 10.00% in 24h, according to HTX market data.】river Surges 10.00% in 24H, Currently at 50.0 USDT

river currently trades at 50.0 USDT, up 10.00% in 24h, according to HTX market data.

[This week, US spot Bitcoin ETFs saw a net outflow of $1.3241 billion, with no trading days experiencing net inflows.]```

This week, US spot Bitcoin ETFs saw a net outflow of $1.3241 billion, with no trading days experiencing net inflows.

&nbsp;according to official data, within the 7 days ending January 21, Circle issued approximately 4.8 billion USDC and redeemed approximately 6.2 billion USDC, resulting in a circulation decrease of about 1.4 billion tokens. The total USDC circulation is 74.4 billion tokens, with reserves of about 74.5 billion USD, including overnight reverse repo of Treasury bonds of about 47.8 billion USD; Treasury bonds with maturities less than 3 months of about 16 billion USD; deposits from systemically important institutions of about 9.9 billion USD; and other bank deposits of about 800 million USD.

[Data: The circulating supply of USDC has decreased by approximately 1.4 billion coins in the past 7 days.]&nbsp;according to official data, within the 7 days ending January 21, Circle issued approximately 4.8 billion USDC and redeemed approximately 6.2 billion USDC, resulting in a circulation decrease of about 1.4 billion tokens. The total USDC circulation is 74.4 billion tokens, with reserves of about 74.5 billion USD, including overnight reverse repo of Treasury bonds of about 47.8 billion USD; Treasury bonds with maturities less than 3 months of about 16 billion USD; deposits from systemically important institutions of about 9.9 billion USD; and other bank deposits of about 800 million USD.

Data: The circulating supply of USDC has decreased by approximately 1.4 billion coins in the past 7 days.

according to Coinglass data, the Hyperliquid platform whale currently holds $5.81 billion in positions, with long positions of $2.74 billion, accounting for 47.16% of the positions, and short positions of $3.07 billion, accounting for 52.84% of the positions. The profit and loss of long positions is -$230 million, and the profit and loss of short positions is $311 million. Among them, the giant whale address 0xb317..ae went all-in long on ETH at 5x leverage at a price of $3,161.85, currently unrealized profit and loss is -$45.9091 million.

[Whales on the Hyperliquid platform currently hold $5.81 billion in positions, with a long/short ratio of 0.89.]according to Coinglass data, the Hyperliquid platform whale currently holds $5.81 billion in positions, with long positions of $2.74 billion, accounting for 47.16% of the positions, and short positions of $3.07 billion, accounting for 52.84% of the positions. The profit and loss of long positions is -$230 million, and the profit and loss of short positions is $311 million. Among them, the giant whale address 0xb317..ae went all-in long on ETH at 5x leverage at a price of $3,161.85, currently unrealized profit and loss is -$45.9091 million.

Whales on the Hyperliquid platform currently hold $5.81 billion in positions, with a long/short ratio of 0.89.

&nbsp;according to Coindesk, the Ethereum Foundation (EF) is turning its long-term post-quantum research into a public engineering effort, forming a dedicated post-quantum team and making this work a top strategic priority for the Ethereum network.

[The Ethereum Foundation has formed a post-quantum team to translate research into engineering practice.]&nbsp;according to Coindesk, the Ethereum Foundation (EF) is turning its long-term post-quantum research into a public engineering effort, forming a dedicated post-quantum team and making this work a top strategic priority for the Ethereum network.

The Ethereum Foundation has formed a post-quantum team to translate research into engineering practice.

On August 18th, according to information disclosed by the official social media of Otherside, a metaverse project under Yuga Labs, luxury brand Gucci has started distributing physical pendants to "KodaPendant" NFT holders, and some holders have confirmed receipt. In April of this year, Gucci announced a collaboration with Yuga Labs to release the "KodaPendant" NFT series, with a total of 3333 pieces, with each NFT corresponding to a physical necklace.

[Gucci Begins Distributing Physical Pendants to 'KodaPendant' NFT Holders]On August 18th, according to information disclosed by the official social media of Otherside, a metaverse project under Yuga Labs, luxury brand Gucci has started distributing physical pendants to "KodaPendant" NFT holders, and some holders have confirmed receipt. In April of this year, Gucci announced a collaboration with Yuga Labs to release the "KodaPendant" NFT series, with a total of 3333 pieces, with each NFT corresponding to a physical necklace.

Gucci Begins Distributing Physical Pendants to 'KodaPendant' NFT Holders

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river soared to 69.8372 USDT, a new high with a 24-hour increase of -33.00%. It currently trades at 39.3234 USDT on HTX.

Gucci Begins Distributing Physical Pendants to 'KodaPendant' NFT Holders

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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