BlockBeats News: On June 20th, Guotai Haitong Securities Research recently released a report titled "Stablecoins: How to Reshape Global Currencies and Assets", which provides a detailed analysis of the current development status, prospects, and impact of the stablecoin market on major asset classes. At the same time, it points out that stablecoins have six "misconceptions" and their value is not absolutely stable. Misconception 1: The value of stablecoins is absolutely stable. The essence of stablecoins is the credit extension of anchored assets, and their value is subject to both technical risks of detachment and fluctuations in anchored assets. Therefore, the value of stablecoins is not absolutely stable, but relatively stable. Misconception 2: All fiat currencies can issue large quantities of stablecoins. Not all currencies can issue a large number of stablecoins, and the ultimate development of different fiat stablecoins depends on the acceptance of the fiat currency itself. The fiat stablecoin that gains the widest trust will have a "winner takes all" situation. Misconception 3: Stablecoins in the US dollar will weaken the credit of the US dollar. The rapid development of US dollar stablecoins will not impact the US dollar system, but will further strengthen the position of the US dollar, as it expands the functionality and scope of use of the US dollar. However, the stablecoin of the US dollar has a greater impact on the legal tender of other countries, especially economies with large exchange rate fluctuations. Misconception 4: US dollar stablecoins are the "life-saving straw" for US bonds. The US dollar stablecoin market can only slightly alleviate the pressure on US short-term bonds, but the short-term bond market is ultimately dominated by the Federal Reserve. The stablecoin of the US dollar cannot alleviate the pressure on US long-term bonds. Overall, the impact of the stablecoin on the US bond market is relatively small. Misconception 5: US dollar stablecoins will significantly increase the supply of US dollar currency. The emergence of stablecoins in the US dollar will indeed delegate some of the issuance authority of the US dollar from the Federal Reserve to issuing companies. But as the main participant in the money supply, the Federal Reserve can still regulate the overall liquidity of the US dollar. Just like an economy with a linked exchange rate system, although there are multiple note issuing banks, monetary regulatory agencies can still regulate the money supply based on market conditions. Misconception 6: Stablecoins will drive the rapid development of the RWA market. The support of stablecoins for RWA is more reflected at the trading level, and the development of the RWA market ultimately depends on the quality of underlying assets. Currently, RWA is still in the early stages of development, and its path selection may exhibit characteristics of "credit priority" and "liquidity priority".

Odaily Planet Daily News: According to official announcements, Binance will adjust the minimum price change unit (TickSize) of 18 spot trading pairs, including 1000SATS/FDUSD, DAI/JPY, GNO/USDT, etc., at 5:00 UTC on June 27, 2025, to enhance market liquidity and trading experience. This adjustment will not affect the spot trading function, but API users need to obtain the latest parameters through GET/app/v3/exchangeInfo. Existing orders will continue to be matched according to the original TickSize. (This news is generated with AI assistance)

Odaily Planet Daily News: Salinas Ricardo Pliego, founder and chairman of Grupo Salinas and the third richest person in Mexico, announced that he had increased his holdings of Bitcoin again last week. Although he did not disclose specific purchase data, it is reported that about 70% of his investment portfolio is Bitcoin, and this proportion will increase after the latest increase. Salinas Ricardo Pliego has previously stated that he is considering converting his entire investment portfolio to Bitcoin. （Bitcoinist）

OKX - BCH is currently priced at $492.64, with a 24-hour increase of 6.19%. 24-hour transaction volume of 1.1 billion US dollars, an increase of 127.93%, for reference only

Odaily Planet Daily News: Gate has released its transparency report for May 2025, which systematically outlines the core progress and stage achievements of May in terms of business growth, product system, ecological expansion, and global operations. The trading volume of Gate contracts and spot goods continues to rise, with a steady increase in new registered users. The cumulative number of users on the platform has exceeded 27 million. In terms of brand upgrade, Gate has officially launched a new domain name (Gate.com) and released a new logo. Its main entity, Gate Technology FZE, has obtained a VASP license under the supervision and supervision of Dubai VARA. The brand's 12th anniversary global celebration event has successfully concluded, accelerating the strategic vision of "the next generation of super unicorn exchanges". The product matrix continues to expand, with excellent performance in areas such as Launchpad, Gate Alpha, Launchpool, and HODLer Airdrop, effectively stimulating user activity and capital growth. In terms of asset security and transparency, Gate's total reserve value reached $10.865 billion, with a reserve ratio of 128.57%, far exceeding the industry benchmark level of 100%, providing solid protection for user assets.