US stocks opened higher, with the Nasdaq up 267 points at the open.
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At the opening of the US stock market, the Dow Jones Industrial Average rose 978 points, the Nasdaq Composite rose 267 points, and the S&P 500 rose 1.14%.
Aave announced on its X platform that SPCXc is now available on the Coinbase tokenized stock Aave V4 market on Base, allowing users to use it as collateral to borrow USDC.
Tokenized shares are only available to users in eligible jurisdictions outside the United States.
Circle released its Q3 financial report, showing that USDC accounted for 79% of total stablecoin trading volume, with on-chain transaction volume reaching $13.9 trillion, a year-on-year increase of 49%. USDC minting and redemption totaled approximately $208 billion in the quarter, a record high; the reserve return rate was 3.54%.
The payment network CPN had an annualized payment volume of $41 billion at the end of the quarter, which has now exceeded $58 billion, with 205 financial institutions connected. The Arc mainnet launched on September 16 and has 11 founding validators and over 100 applications.
Between November 1st and 2nd, Binance users withdrew 25,793 BTC, while hackers stole 18,270 BTC, marking the largest single-day outflow of BTC, ETH, USDT, and USDC this year.
On November 3, ETH, USDT, and USDC resumed net inflows, indicating a weakening of the withdrawal surge. (CryptoQuant)
