Plain Language Blockchain Morning Report: Goldman Sachs states that the stablecoin market is entering a new expansion cycle, with potential scale reaching trillions of dollars.

1.Goldman Sachs: The stablecoin market is entering a new expansion cycle, with potential scale reaching trillions of dollars;

2.Tether Treasury minted an additional 1 billion USDT on Ethereum;

3.US stocks BNB Treasury company WINT was delisted by Nasdaq for violations;

4.Greeks.Live: There is a divergence in the market regarding whether to enter a bear market, with overall sentiment still leaning towards a bearish short-term outlook;

5.Wormhole Foundation is competing with LayerZero for the acquisition of the Stargate cross-chain bridge, proposing a bid of over $110 million;

6.Federal Reserve meeting minutes: Officials are closely monitoring the growth of stablecoins and related risks after the passage of the (GENIUS Act);

7.US cryptocurrency stocks experienced a broad rally;

8.BNB hit $881 this morning, setting a new all-time high;

9.Federal Reserve spokesperson: The overall sentiment of the July meeting committee was hawkish, with more officials showing openness to a rate cut in September.