Core Insights - Ant Group's chairman Eric Jing highlighted the company's advancements in tokenisation and the growing importance of blockchain in financial services during Hong Kong Fintech Week, while not addressing the stalled stablecoin initiative due to regulatory constraints [1][6]. Group 1: Tokenisation and Financial Services - Ant Group has successfully utilized tokenised bank deposits for cross-bank real-time settlement this year as part of the Hong Kong government's Project Ensemble [1]. - The company achieved real-time settlement across different branches of a global bank last year, showcasing the effectiveness of its tokenisation efforts [2]. - Jing emphasized the confidence gained from using tokenised deposits and money to facilitate real-time global settlement [3]. Group 2: Project Ensemble and Digital Asset Market - Project Ensemble, launched in August last year, aims to explore various use cases for tokenisation, which involves creating blockchain representations of traditional assets for faster and cheaper transactions [4]. - Ant Digital Technologies, a unit of Ant Group, operates Jovay, an Ethereum Layer-2 blockchain focused on real-world asset tokenisation, and is actively participating in the sandbox [5]. Group 3: Regulatory Environment and Stablecoin Initiative - The stablecoin initiative of Ant Group has been stalled due to advice from the Chinese government for mainland firms to pause certain digital-asset activities in Hong Kong [6]. - Financial Secretary Paul Chan clarified that stablecoins are intended as tools for facilitating cross-border transactions rather than for investment or speculation [6].

📰 #AscendEX Daily Updates🔷The SEC has set the final decision date for Grayscale’s Hedera Spot ETF as November 12.🔷Ethereum's stablecoin trading volume reached $2.82 trillion in October, hitting a record high.🔷Bitcoin briefly fell below $108,000.#AscendEX #Crypto #CryptoNews ...

Daily News 🗞 | Nov 3• BitMine forecasts $2 trillion stablecoin market driven by Ethereum growth• Solana ETFs see inflows for 4th consecutive day• Strategy announces 10.5% STRC stock monthly dividends• Malaysia’s central bank sets three-year roadmap to pilot asset tokenization• Crypto market sentiment stays in 'Fear' following Trump's deal with China#CryptoNews #PoloniexNEWS ...

🔥 NOW: The stablecoin supply on Ethereum has surpassed $184B, up over $100B since January 2024, per Token Terminal. https://t.co/nAfh5vHR6C ...

The stablecoin supply on @ethereum surpasses $184 billion.The supply has increased by over $100 billion since January 2024.The stablecoin velocity -- as measured by transfer volume -- is also trending up. https://t.co/65ptkiMTfJ ...

The outstanding supply of @SkyEcosystem's USDS stablecoin has increased by ~86.5% since the start of the year. https://t.co/q7bymATDJp ...

Overview - Stripe 构建了 Tempo，一个支付和稳定币区块链 [1] Technology - Tempo 是一个支付和稳定币区块链 [1]

Core Insights - Visa Inc (NYSE:V) is highlighted as a top AI and non-tech stock to watch amid the latest earnings season, with a positive outlook extending into 2026 due to a strong consumer environment and rising transaction volumes [1] - Analysts suggest that Visa is currently undervalued compared to Mastercard, making it an attractive investment in the current macroeconomic environment [2] Group 1: Company Performance - Visa operates the world's largest retail electronic payment network, and despite a decline in share prices due to market selloffs, the company is expected to benefit from stablecoin proliferation, which could expand its addressable market [3] - The guidance for U.S. volumes is projected to improve by approximately 100 basis points, with expectations of high single-digit to low double-digit growth on an FX-neutral basis by 2026 [2] Group 2: Market Position and Competitive Landscape - Visa's value proposition in consumer-to-merchant payments remains strong, offering rewards, liquidity, and buyer protections, which are unlikely to be disrupted by stablecoins [3] - The company is seen as a key player in enhancing stablecoin adoption by providing necessary rules and protections for broader use [3]

you can't self-custody a stablecoin btwthe central issuer of the stable can lock you out even while you hold it in your walletthis is, obviously, not possible with cashnot to FUD stablecoins, which obviously have their usebut this must be acknowledged ...

one fintech's assets on platform = global stablecoin supplystill early https://t.co/Lh3JAOIvmNToken Terminal 📊 (@tokenterminal):The global stablecoin supply is at an all-time high of ~$300 billion, up by ~$100 billion year to date. https://t.co/cKu0N1KhdX ...