Open Standard announced its OpenUSD stablecoin management fee and equity incentive mechanism. OUSD will incur a management fee of 0.1 basis points per transaction, with a maximum of $0.01 per transaction, capped at $0.01 for transactions of $1,000 or more. Reserve proceeds, after deducting management fees, will be distributed to partners. Open Standard offers equity incentives based on the size of OUSD held and circulated by partners, with a minimum investment of $50 million and a maximum 5% stake for a single partner. OUSD is launched with the participation of companies such as Stripe, Visa, Mastercard, Coinbase, and Shopify.

[Société Générale Transfers $10 Million Worth of Tokenized U.S. Treasury Bonds as Collateral] Société Générale has transferred $10 million worth of tokenized U.S. Treasury bonds as collateral through the DTCC tokenization service. Salim Nemouchi, Head of Global Equities for the Americas at Société Générale, stated that the transaction demonstrates the transferability of tokenized collateral among market participants. Canton Network notes that the service initially focuses on U.S. Treasury bonds held and deposited with the DTC by DTCC members. (Source: Canton Network)

In an interview with Fox & Friends, US President Trump stated that the inflation problem has been resolved. Data from the US Department of Labor shows that consumer prices rose 3.7% in September compared to the same period last year, with energy prices adding to the burden on consumers. Polls show Democrats leading Republicans by 3 percentage points on economic issues, making the economy a core issue in the midterm elections. (Source: Wall Street Journal)

Binance - LIT is currently priced at $3.34, up 6.37% in the last 24 hours. 24-hour trading volume was $200 million, representing a 32.68% increase. (For reference only.)

Zhao Changpeng stated that with the arrival of the AI era, traditional security systems are insufficient to meet future challenges, and Binance and the cryptocurrency industry still have a lot of work to do.