Original Title: Tether's Compliance Adventure: Can USAT Conquer the United States? Original Author: Block Unicorn Source of the original text: Compiled by: Daisy, Mars Finance Preface In August this year, Bo Hines resigned from his position as a member of the White House Cryptocurrency Council and quickly took on the role of CEO of Tether's newly established U.S. division. His mission is to launch USAT, a stablecoin compliant with the GENIUS Act. USAT

According to Mars Finance, Circle announced on the X platform that USDC and the cross-chain transfer protocol CCTP V2 are now live on Plume. Institutions, developers, and enterprises can now use the stablecoin USDC on the Plume platform and achieve seamless cross-chain transfers between supported blockchains. With Plume, USDC now supports 27 blockchains and can circulate securely across 16 blockchains via CCTP V2.

作者：B2BinPay 首席执行官 Arthur Azizov，CoinTelegraph；编译：白水，金色财经 稳定币市场将于 2024 年结束，并取得非凡的发展成就。 2025 年我们应该期待什么？ 在展望未来之前，我们必须审视一下我们留下了什么。 2024年的稳定币市场 2024年，延续了往年的趋势。 Tether 和 Circle 等主要发行人已经尝试过与美元以外的货币挂钩的稳定币，但采用进展缓慢。欧元支持的稳定币仍然是一种市值相对较低的利基产品，即使是大牌的进入者也举步维艰。 市场对Tether的USDT和Circle的USD Coin表现出了明显的偏好，很少有人愿意尝试

A major crypto whale transferred over $10 million in USDC into Hyperliquid's $HYPE token, buying 114,872 tokens worth $5.58 million. This activity signals increased confidence in the Hyperliquid ecosystem, influencing market liquidity but potentially leading to price corrections if the whale sells.

火星财经消息，据 Lookonchain 监测，某鲸鱼（地址 0xAbCdE123...）从 HLP Vaults 提取 1,019 万 USDC，并向 Hyperliquid 存入 500 万 USDC 用于购买 HYPE。截至目前，该鲸鱼已购入 114,872 枚 HYPE，价值 558 万美元。该鲸鱼仍持有 985 万 USDC，或将继续购买 HYPE。

Circle has minted another $500 million in USDC on the Solana blockchain, bringing the total to roughly $1.2 billion. This surge in USDC minting shows clear demand for stablecoin liquidity. It’s a move

Deng Tong, Golden Finance On September 5, 2025, Hyperliquid announced the launch of the stablecoin USDH. After the network upgrade, validators will select the most suitable team to build the native minting of the Hyperliquid stablecoin through an on-chain transparent voting mechanism. Interested teams can submit proposals in the forum. Once the news broke, many crypto companies in the industry submitted proposals to support the HyperLiquid stablecoin USDH, and the competition for the issuance rights of the USDH stablecoin has become increasingly fierce. Even Polymarket has launched related bets. This article outlines which companies are involved in the competition for USDH issuance rights and discusses why USDH is so popular and whether it will impact USDC. 1. The dispute over USDH issuance rights among six major companies Native Markets September 5, 2025, at Hyperl