Circle's stock price soared 7 times, establishing its leading position in stablecoins, and traditional financial technology giants accelerated their layout.

Thailand SEC will block several trading platforms.

Tokenization is completely reshaping the liquidity and accessibility of assets.

In addition to regulation, what is more worthy of attention is the deep reconstruction of financial infrastructure and trust mechanism.

On May 21, Hong Kong completed the second and third readings of the Stablecoin Bill, which was formally passed by the Legislative Council. On May 29, 2025, the Stablecoin Ordinance (hereinafter referred to as the “Ordinance”) was promulgated and announced that it will officially take effect on August 1. This event has triggered a wave of enthusiasm both inside and outside the circle.

With its unique Web3+AI architecture, BlueX is committed to becoming the "Nasdaq+BlackRock of Web3".

Michael Saylor's prediction is coming true, orange flags are being hoisted around the world.

Ant Group will apply for stablecoin licenses in Hong Kong and Singapore; Bank of America is willing to launch stablecoins with partners.

This article will combine the most cutting-edge regulatory framework at present to conduct a comprehensive and in-depth analysis. It will also focus on the progress of future key directions such as standardized assets, physical asset RWA, and infrastructure service providers in the field of technical regulatory collaboration.

RWA still has a long way to go before becoming a truly “mainstream track”.

This week, the number of RWA asset holders surged by 47.3%, reaching a total of 167,000.

In the current market situation, it’s crazy to see memes worth hundreds of millions of dollars (especially those related to the Metaverse).

The potential of securities tokenization is yet to be unleashed. Will the coin-to-stock platform become the next hot spot?

YZi Labs and Plume, a subsidiary of Apollo, jointly launched the Plume Genesis mainnet, creating a new starting point for the $150 million RWAfi ecosystem.

With the promotion of the Genius Act, US dollar credit is accelerating its integration into the on-chain world.

A comprehensive inventory of the main categories and representative projects of the RWA ecosystem in 2025.