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Warren sends letter to Zuckerberg requesting disclosure of details of stablecoin plan

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US Senator Elizabeth Warren wrote a letter to Meta CEO Mark Zuckerberg criticizing the lack of transparency in his stablecoin program and requesting more information. Warren stated that Meta's stablecoin business may affect market competition, user privacy, and financial stability. A Meta spokesperson responded that the company only tested third-party stablecoin payment functions based on USD Coin (USDC) and did not launch its own stablecoin.

24/7 Flashes

Today 2026-05-07

14:53

CZ: Binance's 320 million users drive tokenization acceleration

CZ stated in a podcast with Cathie Wood that Wall Street and the cryptocurrency industry should essentially be the same industry. He mentioned that Binance's approximately 320 million users are driving demand for high-quality real-world assets, and tokenization is accelerating the entry of assets such as gold, crude oil, and stocks into the on chain market. He also pointed out that geopolitical fluctuations have made the "24-hour global market" the new normal, and traditional financial institutions have gradually shifted from being skeptics in 2015 to participating in infrastructure construction, with industry boundaries rapidly merging.

14:47

CZ: The most natural application of AI is to use blockchain

CZ stated that the most natural application of AI is the use of blockchain technology, and referred to it as a natural technology. （Cointelegraph）

14:46

21shares US launches its first Canton ETF

21shares US announced that the 21shares Canton Network ETF (TCAN) has been listed on NASDAQ.

14:44

CZ states that the United States is a global leader in Bitcoin and cryptocurrency

CZ stated that the United States is a global leader in the fields of Bitcoin and cryptocurrency. （Bitcoin Archive）

14:43

The Nasdaq index has surpassed 26000 points, and technology stocks have generally risen

According to May 7th news, the Nasdaq Composite Index hit 26000 points, with a latest reading of 26017 points, up 0.68% for the day. Nvidia's stock price rose by 2.97%, Microsoft's stock price rose by 2.37%, and Tesla's stock price rose by 3.66%.