Stellar network stablecoin transfer volume increases by 50%, supply decreases by 11.7%

Senior US officials have confirmed that President Trump's stance on raising car tariffs on January 1, 2027 is valid, and the US has communicated with Canada's US Canada Trade Minister LeBron James.

US Treasury Secretary Besson said that if the Democratic Party regains control of either house in the November midterm elections, the Trump administration will push Congress to pass a plan to reduce the federal budget deficit by the end of the year. Benson is working with Vought, the director of the US Office of Management and Budget, to develop a fiscal consolidation plan. If the Democratic Party wins, the government will accelerate the implementation of the plan between the post election period and January 3, 2027.

On September 5th, DBS and Citigroup completed a USD cross-border payment between Singapore and the United States using tokenized deposits through Swift digital ledger. This transaction is executed over the weekend and takes several minutes to achieve real-time settlement 24/7. DBS Group Chief Operating Officer Rachel Chew stated that Swift digital ledger is connecting traditional banking infrastructure with emerging digital networks. Mridula Iyer, Head of Southern Services at Citigroup Asia, stated that real-time transactions over the weekend have proven that 24/7 cross-border payments have become a reality.

According to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve keeping interest rates unchanged in September is 40.6%, and the probability of a cumulative 25 basis point rate hike is 59.4%; The probability of keeping interest rates unchanged in October is 29.8%, the probability of a cumulative increase of 25 basis points is 54.4%, and the probability of a cumulative increase of 50 basis points is 15.8%. (Source: Federal Reserve) AI interpretation: The market's pricing of the Federal Reserve's interest rate hike path has significantly shifted, with expectations of rate hikes dominating. This data directly reflects investors' high vigilance towards the sustainability of tight monetary policy. The expected changes in the current interest rate environment are reshaping market risk appetite, and capital flows will further concentrate on defensive assets. The Federal Reserve's policy stance of maintaining high interest rates has become the core logic of market competition, and financial market volatility will continue to intensify in the short term.

The White House announced that a 50% tariff will continue to apply to products imported before September 29, 2026 but not used for consumption or extracted from warehouses.