Circle has issued $2.25 billion in USDC since the beginning of this year, with an additional $500 million issued today. （Cointelegraph）

World Liberty Financial, the encryption company of the Trump family, has applied for a US banking license. （Watcher.Guru）

As the US Senate Banking Committee approaches a crucial vote on the cryptocurrency bill, the controversy surrounding stablecoin rewards is becoming increasingly intense. （Decrypt）

[U.S. Stock Market Close: Dow Drops Nearly 1%, Intel Rises Over 6%] U.S. stocks closed on Wednesday, with the Dow down 0.94%, the S&P 500 index down 0.34%, and the Nasdaq up 0.16%. NVIDIA rose 1%, Intel rose 6.4%, and TSMC fell 2.6%. The Nasdaq Golden Dragon China Index dropped 1.58%, Alibaba fell 2.7%, and iQIYI rose 5.4%.

The Senate Agriculture Committee has previously released a discussion draft of its market structure legislation.