OKX - PENGU is currently priced at $0.01570, with a drop of 5.19% after 24 hours. 24-hour transaction volume of 700 million US dollars, a decrease of 27.58%, for reference only
Odaily Planet Daily News: The popularity of virtual asset trading has spread from Hong Kong stocks to A-shares. Recently, many listed companies in Shanghai and Shenzhen have been frequently asked on interactive platforms whether they are planning to invest in stablecoin business. Industry insiders believe that policy opening, efficiency surge, and strategic dominance jointly drive the market's optimism about stablecoin business. Especially the Hong Kong Stablecoins Ordinance, which will officially come into effect on August 1st, is the world's first comprehensive regulatory framework for fiat stablecoins. (21st Century Business Herald)
According to 21st Century Business Herald, many listed companies in the Shanghai and Shenzhen stock markets have been frequently asked on interactive platforms whether they plan to expand their stablecoin business. Industry insiders believe that the opening of policies, increased efficiency, and strategic dominance are driving the market's favorable view of stablecoin business. Especially the Hong Kong Stablecoins Ordinance, which will officially come into effect on August 1st, is the world's first comprehensive regulatory framework for fiat stablecoins.
Next week, two cryptocurrency projects will unlock tokens, releasing a total value of approximately $160 million.
On July 12th, APT unlocked approximately 11.3 million pieces (about 49.76 million US dollars), accounting for 1.131% of the total supply;
On July 13th, CHEEL unlocked approximately 20.81 million pieces (approximately $110 million), accounting for 2.081% of the total supply.