Cypherpunk Holdings doubles down on Solana — again

As of October 10th, the open interest of XRP futures decreased from 1.7 billion XRP at the beginning of October to 700 million XRP, a decrease of about 59%; At the same time, the funding rate decreased from approximately 0.01% to 0.001% (7-day simple moving average). This change marks a significant decrease in speculative enthusiasm for the rise of XRP in the market. （glassnode）

[Tether CEO Claims Monthly Revenue of Approximately $500 Million from U.S. Treasury Holdings] Tether CEO Paolo Ardoino posted on the X platform stating that, according to the latest attestation report for the third quarter of this year, Tether has billions of dollars in excess reserve buffers, with total assets amounting to approximately $215 billion and stablecoin liabilities around $184.5 billion. He noted that Tether's holdings in U.S. Treasury bonds alone generate approximately $500 million in monthly revenue and criticized S&P for not taking this into account, suggesting that S&P may intentionally support Tether's competitors.

Binance QNT is currently priced at $105.44, with a 9.6% increase over 24 hours. 24-hour transaction volume of 100 million US dollars, an increase of 11.45%, for reference only

[Fidelity's Ethereum-Based Tokenized Fund Surpasses $250 Million] Fidelity's Ethereum-based tokenized U.S. Treasury fund has grown by 15% over the past month, with its size now exceeding $250 million. The current on-chain total value of risk-weighted assets (RWA) has surpassed $36 billion, more than doubling since the beginning of the year. Among these, private credit accounts for more than half of the market value, reaching $18.7 billion. Ethereum dominates in tokenized assets, holding $11.6 billion in RWA, accounting for over 63.7% of the industry's total.

[Hassett Says He Would Be Willing to Serve as Fed Chair if Nominated by Trump] White House National Economic Council Director Hassett stated that if U.S. President Trump nominates him to serve as Federal Reserve Chair, he would be very willing to take the position.