[The People's Bank of China Conducts 1,398 Billion Yuan 7-Day Reverse Repo Operation] The People's Bank of China conducted a 1,398 billion yuan 7-day reverse repo operation today, with a bidding amount of 1,398 billion yuan, a successful bid amount of 1,398 billion yuan, and an operating interest rate of 1.40%, unchanged from the previous rate.

Bitmine purchased 41946 ETH worth approximately $131 million (Lookonchain) 5 hours ago.

[A Whale Deposits Multiple Tokens to Binance, Total Loss Exceeds $4 Million] According to Onchain Lens monitoring, a whale (address 0x1df...718d) deposited multiple tokens to Binance after holding them for a year, with a total loss exceeding $4 million. Details include: 3.43 million ONDO (valued at $1.69 million, loss of $1.03 million), 621,900 WLD (valued at $387,000, loss of $1.11 million), 967,600 FET (valued at $243,000, loss of $1.07 million), 623,100 ARKM (valued at $146,000, loss of $1 million).

The latest report from the International Monetary Fund (IMF) points out that stablecoins have the potential to accelerate payments and promote financial inclusion, but at the same time warns that they may bring currency substitution and capital flow risks that require global cooperation to address. （Cointelegraph）

The IMF stated that stablecoins may expand individuals' access to financial services, but may have an impact on central banks. （Decrypt）