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The third-quarter report released by the stablecoin payment network Borderless.xyz shows that the median cost of sending a $200 remittance through stablecoin funding channels is 1%, or $2; whereas, according to World Bank data, the median cost of traditional remittance channels is 6.36%, or $12.72. In comparison, the cost of stablecoin remittances is approximately 84% lower. This comparison uses Borderless's pricing for the third quarter of 2026 and World Bank data for the same period in 2025.In emerging markets, the cost advantage is also evident. The cost of stablecoin remittances in Sub-Saharan Africa is 2.9%, while traditional transfers are 8.46%; in Latin America, the figures are 1.25% and 5.64%, respectively. In terms of corporate payments, a $10,000 stablecoin transfer to the Eurozone can cost as low as $26 when choosing the lowest-cost service provider, with the median service provider costing $52; traditional international bank wire transfers for the same amount require $135 to $150, including transfer fees and a 1% foreign exchange spread.Regarding settlement speed, the report states that stablecoin payments can reach the recipient's local bank account within minutes. The median settlement time for Brazil's PIX network in the third quarter is 2 minutes, Mexico's SPEI is 3 minutes, and Colombia's PSE is 2 minutes; traditional SWIFT transfers typically settle the next day, with the slowest 10% taking 3 business days. The success rate for receiving funds varies significantly: Mexico's SPEI is 98.6%, Brazil's PIX is 97.8%, Colombia's PSE is 79%, and Costa Rica's SINPE is only 73%. Standard Chartered Bank recently pointed out that although the total market capitalization of stablecoins has grown relatively slowly this year, transaction volumes are still rising, and it is expected that this market will reach $2 trillion by 2030, two years later than previously predicted.

According to the official announcement from Mitsubishi UFJ Trust Bank, Mitsubishi UFJ Trust Bank, in collaboration with Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, Mizuho Bank, and TISI, completed an empirical experiment on the joint issuance of yen stablecoins and optimization of cross-border payments from July 17 to 23, 2026.This experiment was supported by the Financial Services Agency's "Fintech Empirical Experiment Hub - Payment Enhancement Project," verifying the feasibility of a multi-bank joint issuance stablecoin model and exploring the application potential of blockchain technology in international remittances and inter-company payments. The results of the experiment showed that the issuance and circulation of stablecoins are operationally feasible, providing important references for the future social implementation of digital payment services and blockchain financial assets.

According to Cointelegraph, Nasdaq-listed TRX treasury company Tron has submitted documents to the U.S. Securities and Exchange Commission to establish a new stock issuance plan at market price, allowing it to sell up to $200 million in common stock to fund a larger TRX treasury.According to the supplemental prospectus filed on Wednesday, Tron can regularly sell common stock with a par value of $0.0001 through Clear Street as an agent, with Clear Street charging a commission of up to 3% of the total amount raised.The existing TRX buyback plan announced by the company in February this year aims to purchase approximately $50,000 of TRX daily for 360 consecutive days. On Thursday, Tron purchased 149,369 TRX at an average price of $0.3347, and the treasury currently holds a total of 718.9 million TRX, valued at approximately $237 million. On the same day, the company's stock price opened down 4.7%, continuing its decline of about 67% over the past 12 months.

In an interview video published by Bitcoin Magazine, philosopher Troy Cross provided answers on whether Bitcoin can truly achieve "the separation of money and state." He stated that he does not expect governments to abandon printing money anytime soon, but believes that Bitcoin serves as a check against endless monetary expansion, as people will choose to seek refuge in Bitcoin.Cross believes that academia will be the last group to understand Bitcoin, following innovators, financial practitioners, and journalists. He mentioned that the "Getting Bitcoin" initiative has made it to The Wall Street Journal, with related Bitcoin articles receiving 4 to 6 times the normal click rates. He also cited a survey from the Nakamoto Project, indicating that Bitcoin is moving towards normalization, while also increasingly showing signs of partisanship and polarization.In the interview, Cross also discussed the branding issues Bitcoin faces, as it is often confused with the broader category of crypto assets, and why price trends, education, and "Number Go Up" have become a universal language. He mentioned the need to bridge the gap and reach the 82% of people who do not yet hold Bitcoin, and explained how Bitcoin can keep governments honest. The video chapters also touched on the setbacks of the Clarity Act and why Bitcoin continues to move forward.

OpenCode announces a limited-time free access to DeepSeek V4.1 Flash. Users can select DeepSeek V4.1 Flash Free from the model list, with no charges for input and output tokens. The free version has a context limit of 200,000 tokens, while the paid version has a limit of 1,000,000 tokens, which is an 80% reduction, making it easier to encounter context limits when processing large code repositories or running a Coding Agent for extended periods.DeepSeek V4.1 Flash was integrated into OpenCode on September 10. On October 12, OpenCode will increase the usage quota for V4.1 Flash in the $10 Go package to a value of $80, and subsequently add an independent free tier. The official documentation confirms that this free access has a time limit, but the end date has not yet been announced, and states that the free tier service provider adheres to a zero data retention policy and will not use user content for model training.

According to a report by Cointelegraph, a recent report from Chainalysis indicates that remittances from Canada to India, China, and the Philippines have surged by 141% year-on-year, reaching $2.36 billion, with digital asset payments continuing to expand in these three major remittance corridors.In the 12 months ending June 2026, there were a total of 3.56 million related transactions, with an average amount of $663 per transaction. Chainalysis noted that these three countries accounted for an increase in the proportion of Canada's cross-border stablecoin outflows from 10.9% the previous year to 19.4%.Eric Jardine, research director at Chainalysis, cited additional data provided to Cointelegraph, stating that crypto remittances from Canada to the Philippines alone reached $61.02 million, involving 73,564 transactions, representing year-on-year growth of 28% and 34.7%, respectively.The analysis counted Bitcoin and stablecoins that circulated between personal wallets with amounts exceeding $10,000. Chainalysis listed Canada as the largest peer-to-peer (P2P) crypto economy among the G7 countries and believes that the large overseas-born population and the high costs of traditional remittance services are potential driving factors for its increasing adoption.Morva Rohani, executive director of the Canadian Web3 Council, stated in the report that about 23% of Canada's population is born overseas, the highest proportion among the G7, with frequent use of remittance corridors to India, the Philippines, Nigeria, Pakistan, and China.The report also found that in June, stablecoins accounted for 44% of the Canadian dollar-denominated order book trading volume, up from 30% a year ago.

Deutsche Bank data shows that active fund managers are skeptical about the rise in U.S. stocks due to high U.S. Treasury yields, the Iran war, and persistent inflation, leading to stock positions dropping to historic lows.At the same time, quantitative funds continue to buy stocks due to rising stock indices and decreasing volatility. Deutsche Bank strategist Parag Thatte stated that the divergence between the two sides is nearing its limit, and a concession from one side is expected soon.

The Blockchain Association, the Crypto Innovation Committee, in conjunction with the Illinois state government, the Digital Chamber of Commerce, and the Illinois Blockchain Association, submitted a joint motion to the Sangamon County Circuit Court, requesting the court to expedite the hearing of two lawsuits against the state's Digital Asset Tax Act. The state government has agreed to issue an injunction to suspend the effectiveness and enforcement of the Digital Asset Tax Act until July 1, 2027.In order to make a ruling on the legality of the tax law as soon as possible, the parties have proposed a timeline for expedited summary judgment submissions: the first round of motions is scheduled to be submitted on November 4, 2026, and all relevant submissions will be completed by January 22, 2027. The parties request the court to hold a hearing between February 8 and February 19, 2027, and request the court to make a ruling by March 1, 2027, to which the state government has no objection. This timeline is subject to court approval.

An advisor to Zelensky stated that SpaceX has set speed limits on the terminals used by the Ukrainian military.

According to a report by Daum, while global exchanges are expanding into perpetual contracts, options, and traditional stocks, South Korean local exchanges are still limited to spot trading due to regulatory restrictions. Data from CoinGecko shows that in the second quarter of 2026, the total spot trading volume of the five major Korean won exchanges—Upbit, Bithumb, Coinone, DigitalX (formerly Korbit), and GOPAX—was approximately $14.67 billion, a decrease of 33.0% from $21.88 billion in the first quarter.Coinbase completed its integration with the derivatives exchange Deribit this month and plans to launch a unified platform covering spot, derivatives, and stocks; Binance is expanding into precious metals, stocks, and index-related perpetual contracts. Current regulations in South Korea prohibit local institutions from engaging in cryptocurrency derivatives business, and the upcoming virtual asset tax law only covers spot gains, with a lack of clear taxation mechanisms for overseas derivatives gains. The industry is concerned about the loss of competitiveness for local exchanges and tax inequities. South Korean financial regulatory authorities have yet to propose a specific timeline for the introduction of cryptocurrency derivatives trading.

According to PR Newswire, NFT Limited (stock code MI, formerly known as Takung Art), a company listed on the NYSE American, announced the proposed technical agreement RWAIX in Hong Kong on October 13 and released an open-source reference implementation on GitHub under the MIT license. The company operates an online trading platform for international artworks and collectibles, stating that the agreement is intended to allow buyers, sellers, AI agents, and robots to verify identities, confirm agreements, and ensure that deliveries actually occur, with the existing digital art platform intended to serve as the first real-world scenario.The company claims that internally managed test records show 50 tests passed with no failures, and it plans to launch a limited live pilot within 90 days after completing an independent security review and other conditions, targeting the first quarter of 2027. The reference implementation includes core protocol logic in Node.js, 50 automated test cases with expected outputs, schema and API documentation, as well as a browser demonstration using synthetic data. The company also stated that RWAIX has not yet been integrated into the production environment, and the related timeline may still be adjusted.The existing digital art trading platform is operated by its wholly-owned Hong Kong subsidiary, Metaverse Digital Payment Co., Limited. The pilot aims to first upgrade the consent purchase, delivery, independent verification, payment, and dispute resolution processes for an existing NFT order, using existing banking channels. CEO Yanying Wang stated that the company already has customers, orders, and payments, and plans to verify within the next 90 days whether the agreement can be used for real customer orders.

Papertrade's official response to the allegations of price manipulation and the existence of obvious loopholes in the protocol states: It has never been possible for small orders to have the same priority as large orders. If this were done, the front end would suffer from congestion due to junk trading, and the consequences would be much worse than the existing queuing mechanism.Under these constraints, we have designed the fair launch to be as inclusive as possible.Last night, the attempts to manipulate BTC/ETH on Hyperliquid BBO were not due to flaws in the mechanism that took six months to design. These situations had already been considered; it was only because the position limits were set very loosely in the early stages to cope with congestion that such occurrences were possible. If position limits were set during peak demand for launching, it would only exacerbate the slow experience, and the queuing mechanism itself, due to the uncertainty of opening/closing confirmation times, naturally provides protection against manipulation.As congestion eases, we have begun to tighten position limits on-chain and at the relay level. In such a system, manipulation attacks are always possible— the key is whether the attempt is economically viable. The official goal is to set parameters to a point where it is almost never profitable; even if successful, the tail risk is extremely high, and the expected value is negative.

According to Decrypt, the French National Assembly's Finance Committee passed two cryptocurrency tax amendments this week: starting from January 1, 2027, exchanges of stablecoins regulated by MiCA will be considered taxable sales; and a departure tax will be imposed on tax households relocating overseas with a total value of cryptocurrency assets exceeding 800,000 euros.The committee rejected the budget revenue portion with a vote of 31 to 3, and the full National Assembly will review the original text from the government. The aforementioned amendments will not be automatically included; supporters must reintroduce them during the debate starting on October 13, with a formal vote scheduled for October 20.The related measures have not yet become law. The stablecoin amendment was proposed by left-wing GDR party member Nicolas Sansu and 16 co-signers, applicable to electronic money tokens as defined by MiCA. The amendment does not set a new tax rate but aims to include the related revenue under France's existing unified tax system of 31.4%.The committee also passed an amendment proposed by Daniel Labaronne, allowing investors to carry forward cryptocurrency asset losses for 10 years to offset future gains. The proposed departure tax applies to taxpayers who have been French tax residents for at least 6 of the past 10 years and whose cryptocurrency assets, including custodial assets, have a total value exceeding 800,000 euros.

According to Xinhua News Agency, on October 10, the Central Committee of the Communist Party of China and the State Council recently issued opinions on developing new quality productivity. The opinions propose promoting the deep integration of the real economy and the digital economy, building a national integrated computing power network and a national blockchain network, improving the system for determining data property rights, market transactions, rights distribution, and interest protection, implementing pilot demonstrations for data elements, and optimizing the layout and operation of national data infrastructure.The opinions also propose improving an open, shared, and secure data element market, exploring mechanisms for efficient cross-border data flow, enhancing the policy system for digital industrialization and industrial digitalization, creating internationally competitive digital industry clusters, and establishing mechanisms for future industry investment growth and risk sharing, thereby strengthening long-term capital investment in cutting-edge hard technology.

According to a report by Reuters on October 9, the Philadelphia police stated in a statement that a model from the artificial intelligence company Anthropic submitted a false murder case tip through the Philadelphia police website. Anthropic notified the police earlier this week and stated that the submission was caused by an automated testing process.The police said the tip was submitted through PhillyUnsolvedMurders.com on July 18, 2026, involving an unsolved murder case, claiming to possibly have information about the case. The submission was marked as spam and was never forwarded to the Real-Time Crime Center for investigation or distribution. The police also stated that no unauthorized access to the system was found, nor was any departmental data leaked.Anthropic informed the police that after discovering the situation, it had stopped the related testing process and added verification mechanisms for future tests. The company plans to release a report on the matter on Friday. Reuters reported that Anthropic did not immediately respond to requests for comment.

GMGN announces the launch of the global memecoin trading championship Season 1, featuring a 10-day live memecoin trading competition on GMGN, where 6 traders will be selected to participate in the finals in London. Registration for the competition is now open.The qualification rounds will take place from October 17 to 27 (UTC), and participants must use their own funds (up to $2000), create a Solana wallet and an EVM wallet to compete, with rankings based on realized profits and losses. A real-time leaderboard will be provided during the competition, and all trades will be recorded on-chain. Daily champions will receive a platinum GMGN nameplate, and the ultimate champion will win a limited edition Aston Martin Vantage. The organizers will cover the airfare, hotel, and visa costs for the London finals.

According to an announcement released on the White House website on Friday, U.S. President Trump announced the establishment of a special committee to investigate allegations against Federal Reserve Board member Lisa Cook. According to the announcement dated October 7, Trump stated, "To assist me in fulfilling this duty, the committee will investigate the allegations against Board member Cook and report to me whether there is 'just cause' for her removal." This investigation will focus on assessing whether Cook meets the criteria for removal under the law, and it does not currently imply that she has been removed.

The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Quality Productive Forces," proposing to promote the deep integration of the real economy and the digital economy. The opinions emphasize improving the systems for determining data property rights, market transactions, rights distribution, and interest protection, implementing pilot demonstration projects related to data elements, optimizing the layout of national data infrastructure, promoting the digital transformation of manufacturing, and building a national integrated computing network and national blockchain network.

The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Developing New Quality Productive Forces," supporting high-quality technology enterprises to go public for financing, optimizing systems for mergers and acquisitions, equity incentives, and more for technology enterprises. The opinions also mentioned increasing the supply of financial innovation products, encouraging the development of angel investment, venture capital, and private equity investment, and improving long-term capital support policies.