06:43 2025-06-19
Economic Daily article: The stablecoin market faces many instability risks behind the riseAccording to China Economic Net, with the first stock of stablecoin, Circle, rising 168% on the first day of listing on the New York Stock Exchange, the stablecoin market continued to heat up and became the focus of international investors. As of the end of May 2025, the total market value of stablecoins has reached about 250 billion US dollars, an increase of more than 1100% in 5 years, of which TEDA (USDT) accounted for more than 60%. Experts pointed out that stablecoins combine the transparen...
06:00 2025-06-19
Upbit adds Solana network support for USDC charging and withdrawalSouth Korean exchange Upbit has announced that it will support USDC deposit and withdrawal services on the Solana network from 11:00 (KST) on June 20, 2025. Users need to obtain a new deposit address on the Solana network, and cannot use an existing Ethereum network address to deposit.
The minimum deposit amount for Solana Network USDC is 3USDC, the minimum withdrawal amount is 0.7USDC, and the withdrawal fee is 0.7USDC.
05:21 2025-06-19
Linda Xie: In 2016/17, she suggested that Coinbase launch its own stablecoin, but it was unsuccessfulOn June 19, former Scalar Capital Lianchuang and Coinbase product lead Linda Xie said on its X platform that she had suggested to Coinbase in late 2016/early 2017 that they launch their own dollar stablecoin and wrote a complete specification for it, but it was unsuccessful.
"But big user ideas are cheap, and the key is execution, like the team that launched USDC was clearly successful and well timed."
05:12 2025-06-19
US stocks are closed for one day todaySince June 19 (Thursday) is the Juneteenth of the United States, the US stock market is closed for one day, and normal trading will resume on June 20 (Friday). Trading in precious metals and US crude oil futures contracts under CME (CME) ended at 02:30 Beijing time on the 20th, and trading in stock index futures contracts ended at 01:00 Beijing time on the 20th. Trading in Brent crude oil futures contracts under Intercontinental Exchange (ICE) ended at 01:30 Beijing time on the 20th. (Jin Ten)
05:02 2025-06-19
Upbit suspends SEI deposit and withdrawal services due to network upgradeSouth Korean exchange Upbit announced that due to SEI's network upgrade, it will suspend SEI's deposit and withdrawal business from 18:00 (KST) on June 20, 2025 until the network upgrade is stable. During the suspension period, trading will not be affected, but users should pay attention to price fluctuations. The recovery time will be notified separately.