[Bridge, a subsidiary of Stripe, applies for U.S. banking trust license] According to reports, Bridge, the stablecoin company under Stripe, is applying for a national banking trust license from the U.S. Office of the Comptroller of the Currency. If approved, Bridge will provide stablecoin issuance, management, and custody services under the framework of the GENIUS Act. Co-founder Zach Abrams stated that this move will drive the development of asset tokenization. Since being acquired by Stripe, Bridge has launched the Open Issuance platform and the payment-optimized blockchain Tempo, and has partnered with Coinbase and Shopify to support USDC payments.

[Binance: Driving $3.2 Billion Stablecoin Inflows to Address Market Volatility] Binance led $3.2 billion in stablecoin inflows ahead of the CPI report release, indicating traders are positioning in advance for market fluctuations. (Cointelegraph)

[Decrypt: Tether Pays Nearly $300 Million to Resolve Dispute Related to Celsius] Tether has paid nearly $300 million to resolve a Bitcoin liquidation dispute related to the collapse of the crypto lending platform Celsius. Previously, Tether was accused of improper Bitcoin liquidation operations during Celsius's bankruptcy, drawing market attention. This move aims to quell external doubts and maintain its stablecoin market credibility. (Decrypt)

The current price of ETH is $4088.83, with a decrease of 4.00% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 19.21 million US dollars, with multiple orders being the main liquidation and ETH liquidation of 8.16 million US dollars (42.51%). The data is for reference only.