Data: USDC circulation has increased by approximately 1 billion coins in the past 7 days

[Coinbase CEO Says Base App is Conducting Multiple Experiments Covering Multifunctional Areas] Coinbase CEO Brian Armstrong stated on the X platform that the Base App is currently conducting multiple experiments, including trading tags, application ecosystems, messaging, social dynamics, and payment functions, among others. He emphasized that attention should not be overly focused on any specific feature. Armstrong highlighted that content/creator tokens are only a part of the social dynamics and not the core direction of the application. He also encouraged the team to experiment boldly to explore paths to success. The application will continue testing new ideas and welcomes user suggestions to better showcase its multifunctional capabilities.

[Florida Lawmaker Proposes Establishment of Strategic Cryptocurrency Reserve and Trust Fund] Florida State Senator Joe Gruters has introduced bills SB 1038 and SB 1040. SB 1038 proposes the establishment of the Florida Strategic Cryptocurrency Reserve under the Office of the Chief Financial Officer, while SB 1040 proposes the creation of the Florida Cryptocurrency Reserve Trust Fund, outlining the sources and uses of the funds. Both bills are set to take effect on July 1, 2026, provided that both bills or similar legislation are passed and enacted into law during the same legislative session or an extended session.

On December 31, according to data from Lookonchain, three whale or institutional addresses withdrew a total of $15.9 million worth of Solana ecosystem DeFi tokens from exchanges over the past two days, including: 7.39 billion PUMP (valued at $13.77 million), 8.02 million CLOUD (valued at $621,000), 9.06 million KMNO (valued at $539,000), 1.33 million JTO (valued at $521,000), and 3.05 million DRIFT (valued at $479,000).

The minutes of the FOMC meeting showed that the Federal Reserve decided to cut interest rates by 25 basis points with a 9-3 vote. The current inflation rate is 2.8%, and employment is facing downside risks. It is expected that inflation will reach 2% in 2028. （Cointelegraph）

[Binance to Remove 6 Spot Trading Pairs on January 2, 2026] Binance has announced that it will remove and cease trading for the following spot trading pairs at 11:00 AM (UTC+8) on January 2, 2026: ARKM/BNB, BARD/BNB, EGLD/RON, LISTA/FDUSD, SCR/FDUSD, and ZKC/BNB. At the same time, Binance will terminate the spot trading bot services for the aforementioned trading pairs. Users can still trade the related tokens through other trading pairs available on Binance.