$SUI The U.S. House of Representatives has passed a landmark stablecoin bill (GENIUS Act), sending it to the President’s desk. This could be a major step toward regulatory clarity for the crypto industry, with implications for DeFi, payments, and beyond. On the other hand, this raises questions about decentralization and compliance.
The U.S. House of Representatives has passed a landmark stablecoin bill (GENIUS Act), sending it to the President’s desk. This could be a major step toward regulatory clarity for the crypto industry, with implications for DeFi, payments, and beyond. On the other hand, this raises questions about decentralization and compliance.
#StablecoinLaw The U.S. House of Representatives has passed a landmark stablecoin bill (GENIUS Act), sending it to the President’s desk. This could be a major step toward regulatory clarity for the crypto industry, with implications for DeFi, payments, and beyond. On the other hand, this raises questions about decentralization and compliance.
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In recent years, buying things and transferring money online has become increasingly convenient, leading to a surge in cross-border payments. Major companies in China are working on stablecoins, which essentially aim to make money transfers faster and reduce reliance on the US dollar. At this time, a project called @Huma Finance 🟣 emerged, claiming to use blockchain technology to transform the global cross-border payment landscape, creating a decentralized payment network that sounds quite impressive.
In the past, sending money abroad was quite a hassle; the SWIFT system was painfully slow, often taking three to five days, and the fees were particularly expensive.
The Huma project is remarkable, as it uses blockchain technology to reduce the settlement time to just seconds, with transaction fees only one-tenth of the original costs. Most impressively, it can turn real-world assets into digital tokens, tied to stablecoins, creating a complete financial payment system.
The Huma system is mainly divided into three parts: 1. The transaction part: It uses the Solana and Stellar blockchains, allowing for incredibly fast transfer speeds, processing up to 50 million dollars in transactions a day. 2. The financing part: It turns companies' accounts receivable into digital tokens, having processed 4.6 billion dollars in financing without any issues, making it safe for large institutions to invest. 3. The compliance part: It employs a professional anti-money laundering system, complying with regulations in various countries while protecting user privacy.
They also have a token called $HUMA , which can not only be used for voting to determine the project's direction but can also appreciate in value alongside the project. Some have calculated that if Huma captures 1% of the global PayFi market, the price of this token could more than double. With 400,000 monthly active users on the Jupiter platform, Huma is developing rapidly.
In my opinion, what makes Huma most impressive is how it connects real-world assets, instant settlements, and stablecoins. This not only addresses the longstanding challenges of cross-border payments but also finds practical uses for blockchain technology. If this trend continues, $HUMA is likely to become the first truly realized RWA project. If you are interested in how blockchain can change the real economy, this project is definitely worth paying attention to. #HumaFinance
$ETH skyrocketed! $BNB skyrocketed! Penny is back with red envelopes 🧧🧧🧧
Follow ➕ Comment: Penny is awesome! to receive $BNB
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Institutional Funds Flow into Ethereum, Market Performance Strong! Since 2025, Ethereum has seen a significant influx of institutional funds, a phenomenon that has attracted widespread attention in the market. Here are the relevant details:
Scale and Direction of Fund Inflows: Significant ETF Fund Inflows: Ethereum ETFs have performed strongly recently, with net inflows of $2.47 billion for the first two weeks of July. In the week of July 13, the net inflow for Ethereum ETFs reached as high as $907.99 million, setting a new historical record, with a single-day inflow of $383.1 million on July 10, marking the highest single-day net inflow record.
Increased Exchange Inflows: Recently, institutions such as Polychain Capital, Galaxy Digital, and B2C2 have concentrated their transfers to exchanges, moving over 24,000 Ethereum worth over $40 million. Among them, Galaxy Digital deposited 12,500 ETH, and Polychain Capital deposited 5,700 ETH.
Surge in Institutional Wallet Holdings: Coinbase's latest research report shows that the ETH holdings in institutional investor wallet addresses have surged by 470,000 coins in the past 30 days, worth over $1.9 billion. Institutional Fund Trends • Nine consecutive weeks of net inflows for ETFs, peaking at $908 million • BlackRock's ETHA increased holdings by over $156 million in a single week • Top institutions have cumulatively absorbed 550,000 ETH (approximately $1.65 billion) within 30 days • Total staked amount surpasses the historical threshold of 32 million coins
Reasons for Institutional Inflows: Improved Regulatory Environment: The U.S. SEC's change in attitude, with the new chairman retracting the previous chairman's suppression policies on DeFi, clarifying that ETH is not a security, and supporting developer innovation. The enactment of the "GENIUS Act" establishes a regulatory framework for stablecoins, while the "CLARITY Act" promotes the clear designation of ETH as a "digital commodity" regulated by the CFTC, clearing obstacles for institutional entry.
Development of the Ethereum Ecosystem: The advancement of Ethereum 2.0 has improved its performance and scalability, with DeFi protocols locking in value surpassing a trillion scale. The demand for ETH has also surged due to the NFT and metaverse economy, continuously enhancing Ethereum's application scenarios and value, attracting institutional funds.
Impacts: Driving Price Increases: The substantial influx of institutional funds provides strong support for Ethereum's price, which rose over 17% in early July and surpassed the $3,000 mark on July 11.
What happened!! Is BTC not looking back?? #比特币巨鲸动向
The ancient giant whale 🐳 is moving again: after continuous selling in the morning, just now it transferred two transactions totaling 3500 BTC (worth 400 million USD) to Galaxy Digital. Total selling volume is 30,000 BTC (about 3.6 billion USD).
Note ⚠️! Currently, this giant whale address still holds 50,000 BTC (about 5.8 billion USD). The selling pace is rapid: large amounts have been continuously transferred out today. Is the whale boss planning to liquidate all at once? Come on, boss, let's share some insider news and make a profit, hahaha 😂
Actually, it’s not hard to see that although there is huge selling pressure, the price of the coin remains relatively stable. The market has absorbed 3.6 billion USD of sell orders in a short time, and the buying support in the market is still strong. If this whale is planning to continue selling, we need to observe whether the market liquidity can continue to absorb it! (Set your stop losses, friends, don’t play too recklessly!)
This giant whale is suspected to be a dinosaur-level player who has held positions since 2014 (55555 I envy this so much 😭). The cost of acquisition was extremely low, and they can really hold on 🤪. If Bitcoin can stabilize against the current selling pressure, it may mean that the bull market is still deep 🐂.
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