Fireblocks: Struggle for Stablecoin Dominance Set to Enter Third Rounds

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[Federal Reserve's Collins Holds a Cautious Stance on December Rate Cut] Federal Reserve official Collins stated that there is still reason to remain cautious about a rate cut in December. His baseline outlook anticipates a rise in the unemployment rate and a gradual decline in inflation levels. He noted that the Federal Reserve is currently in a complex period, and differences in policy views are not surprising.

[Federal Reserve's Collins: September Employment Data Exceeded Expectations, December Policy Undecided] On November 22, Federal Reserve's Collins stated that no decision has been made regarding the December FOMC meeting. The September employment data was mixed, with job creation exceeding expectations. Collins believes it is appropriate for the Federal Reserve to end balance sheet reduction, and that the Fed's policy is 'slightly restrictive,' aligning with the current economic conditions. She noted that this is a complex period for the Federal Reserve, and differences in policy views are not surprising.

[Federal Reserve's Collins: September's Job Growth Exceeds Expectations] Federal Reserve's Collins stated that September's employment data is mixed, with the number of new jobs exceeding expectations.

[Coinbase to Conduct Internal Wallet Migration for BTC and ETH] Coinbase officially announced that it will carry out internal wallet migration for BTC and ETH assets, transferring funds from old wallets to new wallets. Some wallets have already been flagged by most blockchain analysis platforms. This migration is expected not to affect any product services, and user deposit addresses will remain unchanged. However, users are reminded to stay vigilant against impersonation and fraud.