Compiled by: Jerry, ChainCatcher

Important information:

  • Circle releases Q2 financial report: USDC circulation exceeds $65 billion, up 90% year-on-year

  • Circle will launch ARC, a Layer 1 blockchain focused on stablecoins

  • WLFI's valuation in the ALT5 Sigma Corporation acquisition agreement is set at $0.20

  • Binance Wallet will launch the 33rd TGE project Cherry AI (AIBOT) on August 14

  • Binance Alpha: Overlay Protocol (OVL) will launch on August 14

  • Fosun bets on stablecoin licenses, Guo Guangchang personally leads the team to meet with Hong Kong government officials

  • Binance Alpha: World3 (WAI) airdrop threshold is 200 points

  • Binance Wallet token presale will launch on BitlayerLabs (BTR)

  • Peter Thiel Investment Group acquires 7.5% stake in Ethereum treasury company ETHZilla

“What important events have occurred in the past 24 hours?”

Circle releases Q2 financial report: USDC circulation exceeds $65 billion, up 90% year-on-year

According to Businesswire, Circle (NYSE: CRCL) announced its Q2 2025 financial report. By the end of this quarter, the circulation of USDC increased by 90% year-on-year, reaching $61.3 billion; as of August 10, 2025, it increased by 6.4% to $65.2 billion. Total revenue and reserve income increased by 53% year-on-year, reaching $658 million.

Due to non-cash expenses related to the IPO, there was a net loss of $482 million. Circle completed a $1.2 billion IPO, launched the Circle Payments Network, announced partnerships with Binance, OKX, etc., and plans to launch a Layer-1 blockchain ARC specifically designed for stablecoin finance.

Circle will launch ARC, a Layer 1 blockchain focused on stablecoins

According to Zoomer, Circle will launch ARC, a Layer 1 blockchain dedicated to stablecoins.

The network is EVM compatible, using USDC as its native gas token, and integrates stablecoin foreign exchange engines, sub-second settlement finality, and optional privacy control features. The public testnet will be launched from September to November 2025.

WLFI's valuation in the ALT5 Sigma Corporation acquisition agreement is set at $0.20

According to DL News, U.S. stock-listed fintech company ALT5 Sigma Corporation has valued the WLFI token of World Liberty Financial at $0.20 through a share acquisition agreement. This is the first time the token has received a clear valuation since its token sale started last year.

Binance Wallet will launch the 33rd TGE project Cherry AI (AIBOT) on August 14

Binance Wallet is set to exclusively sell Cherry (AIBOT) tokens on August 14 from 4 PM to 6 PM (UTC+8). Eligible users must use Binance Alpha points to participate in the subscription.

Additionally, 30 million AIBOT tokens will be allocated for future activities, with specific details to be announced separately. TGE details and event pages are coming soon.

Binance Alpha: Overlay Protocol (OVL) will launch on August 14

Binance Alpha announces it will launch Overlay Protocol (OVL) on August 14 and become the first platform to support this project. Eligible users can claim an airdrop using Binance Alpha points on the Alpha event page after trading starts, with specific details to be announced soon.

Fosun bets on stablecoin licenses, Guo Guangchang personally leads the team to meet with Hong Kong government officials

According to Tencent News (First Line), Fosun has confirmed its application for a stablecoin license in Hong Kong and has formed a complete team for the license application.

It is reported that Guo Guangchang personally led the core team of Fosun's stablecoin division and other executives to meet with Hong Kong SAR Chief Executive John Lee and Hong Kong Financial Secretary Paul Chan, where the Financial Secretary is the direct superior of the Hong Kong Monetary Authority, the regulatory body for stablecoin license approval. So far, Fosun has declined to comment on this.

Binance Alpha: World3 (WAI) airdrop threshold is 200 points

According to the official announcement, Binance Alpha will launch World3 (WAI) on August 12, 2025, at 08:00 (UTC). After trading begins, users with at least 200 Binance Alpha points can claim an airdrop of 800 WAI tokens on a first-come, first-served basis. If the reward pool is not fully allocated, the points threshold will be automatically reduced by 15 points every hour.

Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, otherwise it will be considered a forfeiture.

Binance Wallet token presale will launch on BitlayerLabs (BTR)

According to official news, Binance Wallet token presale will launch on BitlayerLabs (BTR).

Subscription time: August 13, 2025, from 4 PM to 6 PM (UTC+8);

Subscription eligibility: Eligible users must use Binance Alpha points to participate.

Peter Thiel Investment Group acquires 7.5% stake in Ethereum treasury company ETHZilla

According to Cryptobriefing, billionaire investor, PayPal and Palantir co-founder Peter Thiel disclosed holding a 7.5% stake in biotech company ETHZilla (formerly 180 Life Sciences), which recently completed a $425 million private placement and a $156 million convertible bond issuance, with funds to be used to increase holdings in Ethereum.

This is Thiel's second investment in an Ethereum treasury company after acquiring a stake in BitMine (9.1%) in July. Following the news, ATNF's stock price soared over 11% in a single day and skyrocketed 57% after hours.

“What are the noteworthy articles to read in the past 24 hours?”

a16z's crypto marketing guide: From 0 to 100, what should founders do?

a16z explores the core logic of crypto marketing: precise developer operations, token economic balance, founder IP creation, and Layer 2 differentiation strategies, emphasizing depth-first ecological synergy.

Led by Harvard University, which American universities are betting on cryptocurrency?

Recently, Harvard University disclosed that its endowment fund holds a Bitcoin position worth over $100 million, sparking widespread market attention on universities participating in crypto assets.

South Korean investors flock to 'coin stocks', BitMine becomes the new favorite

BitMine has climbed to the top of the July overseas stock purchase list in South Korea.

AI wealth creation at record speed

Looking back at the past 100 years of data, we have never seen such a scale and speed of wealth creation; it is unprecedented.

From hoarding coins to pushing prices: BitMine's 35-day lightning battle and the shift of ETH pricing power.

The ceiling for Ethereum pricing no longer belongs to the earliest bullish OGs, but to the Wall Street capital that tells the best stories.

Revisiting the application chain argument.

The rise of the Appchain trend: Unichain and HyperEVM ecosystems exceed $3 billion in TVL, driving the shift of the 'fat application' paradigm, with leading applications achieving value capture and sovereignty expansion through dedicated chains.

Is an 8% rebound just an appetizer? Uniswap's significant upgrade could turn UNI around completely.

This is not only an important step towards DAO compliance but may also provide a legal basis for the long-standing 'fee switch'.

Meme Popularity Ranking

According to Meme token tracking and analysis platform GMGN market data, as of August 12, 19:50:

In the past 24 hours, the top five popular tokens on Ethereum are: MHRD, LINK, EPRO, UNI, DILDO

In the past 24 hours, the top five popular tokens on Solana are: DREAM, RETARD, SPILL, rex, PEPEWIF

In the past 24 hours, the top five popular tokens on Base are: ZORA, SLAP, ROT, VIRTUAL, PENGUIN