JPMorgan Chase: Applying to Launch Bitcoin Backed Bonds

[A trader deposited 1 million USDC into Hyperliquid, going long on NVIDIA and short on Google] According to Lookonchain monitoring, about 1 hour ago, a trader deposited 1 million USDC into Hyperliquid, going long on NVIDIA and short on Google.

[Bitwise Solana ETF Withdraws 192,865 SOL from Coinbase] According to Lookonchain monitoring, Bitwise Solana ETF BSOL has just withdrawn 192,865 SOL from Coinbase, valued at $26.39 million.

[Tether Holds 116 Tons of Gold, Comparable to the Reserves of Central Banks in South Korea and Hungary] A Jefferies analysis report reveals that stablecoin issuer Tether currently holds 116 tons of physical gold, making it 'the largest gold holder outside of central banks,' with reserves comparable to the central banks of countries like South Korea, Hungary, and Greece. Last quarter, Tether's gold purchases accounted for nearly 2% of global gold demand and approximately 12% of central bank purchases. Jefferies cited investors stating that Tether plans to acquire an additional 100 tons of gold by 2025. Furthermore, Tether has invested over $300 million in precious metal producers and issued a gold-backed token, Tether Gold (XAUt), which has a market capitalization of $2.1 billion, with its issuance doubling over the past six months.

[Thailand demands World delete 1.2 million iris scan records and suspend operations] Thai regulators have demanded that World delete 1.2 million iris scan records. Thailand's Minister of Digital Economy and Society stated that World has been ordered to suspend all operations in Thailand and an investigation has been launched to determine whether it violated Thailand's data protection laws.

[Digital Asset Users in the Asia-Pacific Region Reach 535 Million, Driven Mainly by Stablecoins and Remittances] The '2025 Asia-Pacific Digital Asset Adoption Report' released by Consensus shows that approximately 24.3% of adults in the Asia-Pacific region use digital assets, significantly higher than the global average of 16.9%, with a total user base of about 535 million people. The report highlights that stablecoins and cross-border remittances are the primary drivers of digital asset adoption, with particularly strong performance in markets such as Thailand, the UAE, and the Philippines. Data indicates that 29% of remittance users have adopted stablecoins, with an estimated annual transaction volume of $72 billion.