Jefferies expects growth in cryptocurrency and blockchain IPOs

According to US President Trump on Wednesday, the Strait of Hormuz will be open to everyone and will not be controlled by any country, and the United States will regulate it. He expressed dissatisfaction with the outcome of negotiations with Iran and stated that there may be a need to re-examine the issue of war, but did not specify whether military action would be taken. He also denied relaxing sanctions against Iran or releasing funds.

AiCoin monitoring shows that a total of 2656647 DAIs worth approximately $2.6566 million were transferred from US government addresses to 0xB... 5C7, and the price may decrease Data for reference only

United Texas Bank has transformed from a chartered bank in Texas to a nationwide bank approved by the Office of the Controller of the Currency, positioned as an institution connecting global cryptocurrency companies with the US banking system. The bank stated that it currently clears approximately $10 billion in monthly USD trading volume and has launched the 24/7 AI driven payment network UTB Atomic, which is paired with the compliance platform UTB Prism Sentinel and supports 24/7 encrypted liquidity and digital asset related rules.

The Cash App under Block now supports users to send and receive USDC stablecoins issued by Circle on Ethereum, Solana, Polygon, and Arbitrarum. Transfers are free of charge, and the received USDC will be automatically converted into USD balance. This feature is currently not open to customers in New York State, and users need to complete identity verification and be subject to transaction limits.

Jefferies predicts that there will be an IPO boom in the cryptocurrency and blockchain fields within the next two years, and predicts that the industry may become a $1 trillion public market within five years. （CoinDesk）