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Flash

first_img World Liberty Financial issues the stablecoin USD1 natively on the Canton Network

World Liberty Financial announced that its USD stablecoin USD1 has been natively issued on the Canton Network, allowing institutions to use the stablecoin for settling transactions involving tokenized real-world assets (RWA). According to the announcement, USD1 can serve as the cash leg for transactions such as derivatives collateral, institutional lending, and asset issuance and redemption. The native issuance enables it to settle in sync with tokenized assets within the same transaction, while maintaining Canton’s privacy and permission control mechanisms.According to DeFiLlama data, USD1 has a market capitalization of approximately $4.05 billion, making it the sixth-largest stablecoin, issued and managed by BitGo Bank & Trust for its reserves and minting redemption processes. USD1 was launched in March 2025, with reserves including short-term U.S. Treasury bills, government money market funds, and dollar deposits. World Liberty Financial is a crypto project supported by the Trump family, founded in 2024.Canton is a public blockchain aimed at institutional finance, issuing or processing over $90 trillion in tokenized assets monthly, with over $350 billion in on-chain U.S. Treasuries flowing through its network daily. Zak Folkman, co-founder and COO of World Liberty Financial, stated that institutions have put trillions of dollars in U.S. Treasuries and government debt on-chain, but the dollar settlement still relies on outdated infrastructure. The combination of Canton and the native USD1 allows real-world assets to complete dollar settlements with greater speed and privacy.

first_img Lei Jun announces the release of the Xuanjie O3, O100, and D100 chips

Lei Jun announced that Xiaomi's new generation of the Xuanjie family of chips, Xuanjie O3, Xuanjie O100, and Xuanjie D100, have all completed back-plate verification. Xuanjie O3 is an AI flagship SoC aimed at the highest-end products and will debut on the Xiaomi 18 Fold; Xuanjie O100 is a 1.22TB/s high-bandwidth AI acceleration chip, and Xuanjie D100 is the first domestic 3nm intelligent driving high-performance AI chip, with the latter two set to officially launch next year. The three chips cover the AI computing power needs of Xiaomi's entire ecosystem of people, vehicles, and homes.Xuanjie O3 uses a 3nm process, has an area of 133mm², and a transistor count of 24 billion, which is a 26% increase over the previous generation, with an AnTuTu extreme score reaching 5.22 million. The CPU features a ten-core all-large-core design, with a maximum frequency of 4.35GHz, Geekbench single-core score of 3945, and multi-core score exceeding 15000; the GPU has 16 cores and supports ray tracing, with significant improvements in multiple graphics performance metrics and a 64% reduction in power consumption compared to the previous generation. This chip is the industry's first to support LPDDR6, with an NPU tensor computing power of 200TOPS, and is specifically optimized for large language model inference.Xuanjie O100 is the world's first 6nm 3D wafer-level stacked AI acceleration chip, utilizing wafer-on-wafer packaging and hybrid bonding, with two layers of AI-specific high-speed DRAM and one layer of high-performance NPU stacked vertically, achieving a bandwidth of 1.22TB/s. Together with O3, it can achieve a maximum local AI inference speed of 330 Tokens/s. Xiaomi has restarted its large chip research and development for over five years, with a cumulative investment exceeding 21 billion yuan and a chip team of nearly 3000 people.

Gate launches the USD1 yield kick-off season and the third phase of the flash exchange scratch card event

According to the official announcement, Gate will launch the USD1 Yield Voyage event from June 10 at 18:00 to June 24 at 18:00 (UTC+8).During the event, users can exchange assets such as USDT and USDC for USD1 through flash exchanges. Accumulating a net purchase of USD1 to reach the specified threshold will allow users to receive an additional USD1 reward.For a cumulative net purchase of ≥100 USD1, users can receive 1 USD1; for ≥1,000 USD1, they can receive 3 USD1; for ≥5,000 USD1, they can receive 50 USD1; and for ≥10,000 USD1, they can receive 500 USD1 in rewards. Additionally, the top 50 users ranked by cumulative net purchases of USD1 will also be eligible for leaderboard rewards, with a chance to exclusively receive up to 2,000 USD1 in rewards.Furthermore, Gate will launch the third phase of the Flash Exchange Scratch Card event from June 11 at 16:00 to June 18 at 16:00 (UTC+8).During the event, users can complete tasks such as their first flash exchange, cumulative trading, and inviting friends to earn lottery chances, unlocking reward blind boxes with a 100% success rate, and have the opportunity to win popular meme coins, XAUT fragments, and cash rewards of up to 500 USDT.Users with a cumulative flash exchange trading volume of 30,000 USDT can also participate in the "Flash Exchange Leaderboard," with a chance to exclusively win a cash grand prize of 500 USDT; at the same time, users who complete ≥100 USDT flash exchange transactions and participate in the lottery will have the chance to become the "Super Koi of the Entire Network," randomly receiving a cash reward of 500 USDT.
2026-06-11
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