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According to CoinDesk, U.S. Bank, the fifth largest commercial bank in the United States (a subsidiary of U.S. Bancorp), announced the successful completion of a real-time cross-border payment test based on its own US dollar stablecoin USBDC, with transactions completed via the Stellar blockchain between its entities in North America and Europe. As one of the first bank-issued stablecoins deployed on a public blockchain, USBDC is expected to bridge the gap in the global banking system with 24/7 trading capabilities.The pilot validated the functions of USBDC, including minting, payment redemption, freezing, and recovery, and tested the bank's internally developed digital asset platform, which serves as the foundation for issuing, managing, and transferring tokenized assets, enabling seamless integration between traditional banking infrastructure and blockchain networks. U.S. Bank Chairman and CEO Gunjan Kedia stated that this real-time pilot demonstrates its ability to accelerate global cash management and fund flows.This test is based on the bank's strategic partnership with the Stellar Development Foundation, with future application scenarios including liquidity management, collateral transfer, and cross-border financial operations. As global stablecoin regulation advances, banks are accelerating their entry into the market. Last week, 21 financial institutions, including Bank of America, Citi, Goldman Sachs, and UBS, announced plans to form a company to issue stablecoins, with the expectation of launching a dollar token in the first half of 2027.

According to CoinDesk, Citibank will launch an international transfer service based on tokenized deposits for Japanese companies by the end of the year, enabling 24/7 instant cross-border payments between five countries, becoming the first foreign bank to offer this service in Japan.

Osmosis posted on platform X that due to a security incident with the Nomic nBTC cross-chain bridge, Osmosis has suspended the minting and redemption of BTC Alloyed assets, and deposits and withdrawals have been simultaneously suspended.The BTC on Osmosis is backed by 30% nBTC. The team will soon release a complete post-mortem analysis and recovery plan. BTC in the pool is still tradable, and users are reminded to be aware of the risks.

According to on-chain analysts' monitoring, four addresses belonging to the same entity became active simultaneously after being dormant for six months, purchasing 13,290.6 ETH through Cowswap at an average price of $2,511, and spending 2,500 ETH via Near Intents to buy 6,601.37 ZEC.At the same time, a service fee of 16.75 ETH was paid, approximately $42,000, and the related purchases are still ongoing.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $226 million, with long positions liquidated at $116 million and short positions liquidated at $110 million. Among them, Bitcoin long positions were liquidated at $38.6934 million, Bitcoin short positions at $30.3307 million, Ethereum long positions at $22.3844 million, and Ethereum short positions at $24.2343 million.In addition, in the last 24 hours, a total of 76,681 people were liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDT worth $2.9626 million.

Iran is gradually relaxing foreign exchange controls and allowing companies to use Tether (USDT) and Bitcoin for cross-border transactions. According to informed sources, the Central Bank of Iran has encouraged companies in recent months to repatriate overseas funds through local cryptocurrency exchanges, and companies can also exchange foreign currency in the open market, using export revenue directly for imported goods. An executive close to the Iranian regime stated that the central bank is currently not questioning the methods of fund transfer, and using cryptocurrency to receive export payments has become the norm.Data shows that approximately $10 billion worth of cryptocurrency will flow through Iran by 2025, and blockchain analytics firm Elliptic estimates that Iran accounts for about 4.5% of global Bitcoin mining activity. There are still over $100 billion in undeclared overseas and domestic earnings within Iran, with more than 20,000 individuals and companies failing to fulfill their obligation to repatriate approximately €94 billion in export revenue. Tether had previously frozen about $344 million in wallet assets related to the Central Bank of Iran, and the U.S. Treasury has also warned that engaging in digital asset transactions with Iran may face sanction risks.

Minara officially released the next-generation universal financial intelligence tool Minara Harness, which is now available for download by users worldwide. Minara Harness covers multiple asset markets, allowing for investment research 24/7 and operating automated trading within the scope authorized by users. Users can query financial markets using natural language, generate research reports, develop quantitative strategies, and handle daily tasks such as programming, web searching, and document processing. The platform supports users in selecting their own underlying large models.On the investment research side, Minara Harness can simultaneously call multiple professional AI Agents to analyze the same investment opportunity from perspectives such as fundamentals, valuation, market trends, and potential risks. Users can view the information sources and different judgments of each Agent and decide whether to execute trades based on the research results. Minara Harness also supports writing trading strategies in natural language, automatically generating code, and completing backtesting. Users can also subscribe to other traders' strategies, view strategy codes, historical performance, and real-time operating metrics. Minara also offers an optional decision review mechanism, which can verify past judgments against subsequent market results and assess which experiences can be applied to future research. At the same time, Minara announced the benchmark test results of Harness, which outperformed OpenClaw, Hermes, and Claude Code in multiple tests and demonstrated leading performance in tasks such as financial reporting, web research, and spreadsheets.

DBS and Citibank's New York office completed a cross-border payment in US dollars between Singapore and the United States on September 5 using tokenized deposits through the Swift Digital Ledger. The transaction was executed over the weekend and took only a few minutes, while traditional cross-border payments typically take up to two business days, allowing businesses to avoid losing time due to time zone differences and weekend gaps. This is the second confirmed real-time application of the ledger, following HSBC and Standard Chartered's completion of the first real-time tokenized deposit cross-border transaction in August. Swift announced the ledger's preliminary availability on July 9, with 17 banks ready to pilot it, and DBS is the only bank headquartered in Asia among the 12 core design group members. DBS Group Chief Operating Officer Rachel Chew stated that the Swift Digital Ledger is connecting traditional banking infrastructure with emerging digital networks to drive the practical application of tokenized currency from experimentation. Citibank's Head of South Asia Services Mridula Iyer noted that weekend real-time transactions prove that around-the-clock cross-border payments have become a reality. DBS will launch DBS Token Services in 2024, offering 24/7 programmable instant value transfer services.

According to MistTrack monitoring, Tether froze approximately 39.27 million USDT across 10 addresses on the Tron network a few hours ago, which are related to Xinbi Guarantee.Previously, Tether had frozen funds related to Huiwang Guarantee, and this action seems to be another blow against illegal hosting platforms on Telegram.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was 197 million dollars, with long positions liquidated at 133 million dollars and short positions liquidated at 64.7558 million dollars. Among them, Bitcoin long positions were liquidated at 41.1194 million dollars, Bitcoin short positions at 6.4902 million dollars, Ethereum long positions at 18.4855 million dollars, and Ethereum short positions at 11.3667 million dollars.In addition, in the last 24 hours, a total of 75,773 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth 1.8096 million dollars.

Circle announced that it has signed a final agreement to acquire Tazapay, a B2B cross-border payment infrastructure company headquartered in Singapore. The transaction is expected to be completed in 2027, subject to customary closing conditions and regulatory approvals, including approval from the Monetary Authority of Singapore.Tazapay has an annualized payment volume of over $25 billion, more than 60 banking and fintech partners, and local payment channels covering over 100 markets. Approximately 60% of Tazapay's transaction volume includes stablecoins.

LayerZero announced that the South Korean digital asset custody institution BDACS has adopted LayerZero Labs' OFT (Omnichain Fungible Token) standard for the Korean won-backed stablecoin KRW1, achieving native cross-chain interoperability.LayerZero stated that KRW1 thus becomes the first Korean won stablecoin that can be natively transferred across major DeFi ecosystems, with its supply able to flow seamlessly across networks without the need for wrapped tokens, avoiding liquidity fragmentation.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was 178 million dollars, with long positions liquidated at 122 million dollars and short positions liquidated at 55.79 million dollars. Among them, Bitcoin long positions were liquidated for 35.5168 million dollars, Bitcoin short positions for 5.8416 million dollars, Ethereum long positions for 17.0305 million dollars, and Ethereum short positions for 13.31 million dollars.In addition, in the last 24 hours, a total of 65,365 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth 2.8439 million dollars.

According to Token Terminal data, the scale of ETH transferred from Ethereum L1 to Robinhood Chain L2 has exceeded 700 million dollars, growing by approximately 150% in the past month.

According to Cointelegraph, DBS Bank has partnered with Citibank to utilize a blockchain-based ledger from Swift to achieve instant, round-the-clock cross-border dollar payments through tokenized deposits.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was 210 million dollars, with long positions liquidated at 113 million dollars and short positions liquidated at 97.41 million dollars. Among them, Bitcoin long positions were liquidated at 28.87 million dollars, Bitcoin short positions at 19.84 million dollars, Ethereum long positions at 23.00 million dollars, and Ethereum short positions at 24.44 million dollars.In addition, in the last 24 hours, a total of 66,889 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth 3.0659 million dollars.

According to DefiLlama's on-chain cross-chain net flow data, Robinhood Chain had a net outflow of 306.19 million USD last week, ranking first among all chains in terms of outflow scale, far exceeding Hyperliquid (-179.51 million USD) and Polygon (-145.33 million USD).In terms of net inflow, Arbitrum leads with 184.14 million USD, followed by BSC (+142.38 million USD), Plasma (+120.38 million USD), Ethereum (+112.9 million USD), and Avalanche (+102.43 million USD).

The Federal Bureau of Investigation (FBI) tracked and seized over $560,000 in cryptocurrency originally intended for Hamas by combining blockchain analysis, human intelligence, and court orders. The investigation involved shared wallets, cross-chain bridges, exchanges, and stablecoin accounts. Three seizure operations occurred in March, June, and October 2025.Investigators found that multiple donation addresses associated with Hamas's military wing, Al Qassam Brigades, used the same Gas wallet to pay transaction fees, and visualized funds flowing from donation wallets to operational wallets and related infrastructure through Reactor. In the June 2025 case, funds circulated through new addresses, accounts, over-the-counter brokers, and suspected money mule accounts; in October, the network switched to one-time donation wallets and cross-chain bridges. Court orders required Tether to destroy USDT from specified addresses and to reissue equivalent assets to law enforcement wallets, while Binance was instructed to transfer the balances of three accounts.

Galaxy Research published that the attackers in the Coldcard "Wave 3" attack are still continuously transferring the stolen funds. During this phase, the attackers created 293 2-of-2 multi-signature wallets for each victim's assets. The first batch of funds was transferred across chains to Ethereum via THORChain; the latest round of transfers has begun entering the CoinJoin mixing process.Currently, the Wave 3 attackers are processing the largest amounts of stolen funds in order of the stolen amount, having sequentially transferred the funds from wallets ranked 1 to 11. The next 10 wallets that have not yet been transferred hold a total of 30.81 BTC, while wallets ranked 61 to 293 hold a total of 33.77 BTC. So far, the attackers have transferred about 45% of the stolen assets from this exploit, with funds flowing to Ethereum (via THORChain) or entering CoinJoin mixing transactions. Additionally, this fund transfer has revealed a previously unknown wallet: 58 addresses jointly spent in a 2-of-2 multi-signature format identical to that of Wave 3, and these were further transferred by the Wave 3 attackers to a jump address that funds CoinJoin.The on-chain analysis team currently marks this wallet as "cause = open," but believes it likely also belongs to Coldcard victims, which means the number of wallets involved in Wave 3 may increase to 294, raising the previously reported total amount stolen from the Coldcard vulnerability to approximately 1806 BTC. Currently, about 82% of the stolen BTC remains in addresses initially controlled by the attackers, while about 18% has been transferred, with the flow of funds indicating that it may be undergoing laundering processes.

Router Protocol, a cross-chain infrastructure project supported by Coinbase Ventures, announced that it will cease all operations by September 30 and plans to permanently destroy 303,333,198 ROUTE tokens held in its treasury, accounting for about 30% of the total supply of nearly 1 billion tokens. The team released a statement on X, stating that over the past year, they attempted commercialization, licensing, and acquisition negotiations, but failed to achieve sustainable operational results.Router identified the flow of funds from the cryptocurrency sector to artificial intelligence and the decline in cross-chain asset transfer fees as core challenges facing its operations. As activities concentrated on fewer networks and standardized infrastructure, the demand for its services has decreased. The team noted that bridging economic profits are thin, fees have been compressed, and costs have never stopped. As part of the closure, Router will negotiate with centralized exchanges to stop supporting ROUTE tokens, and the delisting arrangements and withdrawal processes may vary across exchanges.Router raised $4.1 million from investors including Coinbase Ventures and Polygon in 2021 and launched the proof-of-stake Layer 1 blockchain Router Chain in July 2024, but it was shut down in September 2025 due to infrastructure costs, validator expansion, and security risks. The team also disclosed two security incidents in 2025: in February, approximately 80% of the value was recovered through negotiations after a vulnerability incident, while losses from a chain-level vulnerability in July could not be recovered.