According to Token Terminal data, $53.4 million of tokenized ETFs have been deposited into DeFi, with $35.3 million in STRC assets and $25.8 million in FWDI assets, accounting for 7% of the total $3.7 billion tokenized stock market.

Solana DEX's trading volume has exceeded all L1 and L2 chains for the fifth consecutive week.

Former Chairman of the House Financial Services Committee, Patrick McHenry, stated that the CLARITY bill is expected to pass during the lame duck period after the midterm elections. (Source: CoinDesk)

Stripe plans to expand its stablecoin card business to over 100 countries by the end of the year and appoint Henri Stern as the head of stablecoin and cryptocurrency operations. Stripe's existing stablecoin card customers include Kraken, Ramp, and Morse. Last month, about 1.2 billion US dollars of stablecoins were spent through cards, which is three times that of the same period last year. Stripe will maintain stablecoin and blockchain independence, with many projects currently using USDC. The company is exploring tokenized deposits and DeFi use cases, but the vast majority of work is still focused on stablecoins.

The US Treasury Department has withdrawn its proposal to strengthen monitoring of Bitcoin self custodial wallets. （The Bitcoin Historian）