According to Odaily Planet Daily, Federal Reserve Chairman Williams stated that the Fed's bank reserves are nearing ideal levels, and it won't be long before reserves reach sufficient levels. (Jinshi)

Odaily Planet Daily reports that Nasdaq-listed Solana DeFi Development (DFDV) has announced a $65 million perpetual preferred stock offering. The new funds will be used to further increase its holdings of SOL tokens and for general corporate operations. (Globenewswire)

Odaily Planet Daily reports that He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with Greenberg, Executive Vice Chairman of the Board of Directors of the National Committee on U.S.-China Relations, and Orlins, President, in Beijing on the evening of the 12th. He Lifeng stated that China and the United States have broad prospects for cooperation in the economic and trade field. Both sides should meet each other halfway, jointly safeguard and implement the important consensus and outcomes of the Busan meeting between the two heads of state, strengthen cooperation, manage differences, and promote the stable development of China-U.S. economic and trade relations. He expressed hope that the National Committee on U.S.-China Relations would make new contributions to promoting friendly cooperation between China and the United States. He Lifeng also briefed the meeting on the Fourth Plenary Session of the 20th CPC Central Committee. The U.S. side stated that maintaining stable U.S.-China relations is very important and that they are willing to play a bridging role to promote deeper U.S.-China exchanges and cooperation. (Jin Shi)

According to market sources, Kyrgyzstan plans to launch a national stablecoin with a scale of $50 million. (Odaily Planet Daily)

According to official sources, Sui has announced the launch of its ecosystem-native stablecoin, USDsui, issued by Bridge, a company under Stripe. USDsui will launch this year and will be usable in all wallets, DeFi protocols, and applications built on Sui. Furthermore, USDsui will be interoperable with other Bridge-based stablecoins on major platforms such as Phantom, Hyperliquid, and MetaMask.

Odaily Planet Daily reports that asset management giant Franklin Templeton has announced the expansion of its proprietary Benji technology platform to the Canton Network, a private blockchain geared towards regulators. This move aims to deepen its role in the rapidly evolving market of tokenized financial products.

The Benji platform supports real-time transfers of tokenized fund shares, protocol-level compliant execution, and allows assets to be settled in stablecoins or cash equivalents. Initially deployed on public chains such as Stellar and Polygon, this expansion marks a shift towards institutional-grade infrastructure.

The Canton network reportedly processes over $6 trillion in tokenized U.S. Treasury securities and supports $280 billion in daily buyback transactions. Its native token, Canton Coin, initially plummeted by about 30% after its market debut on Monday, but has since recovered somewhat despite being listed on several exchanges. (Decrypt)

According to data from Hyperbot, as reported by Odaily Planet Daily, "Brother Machi" has been continuously adding to his long positions in ETH and UNI over the past four hours. Currently, he holds 88,888.8 UNI with a 10x leverage long position and 1,988.8888 ETH with a 25x leverage long position, with a total value exceeding $7.85 million.

Odaily Planet Daily reports that House Majority Leader Scalise stated the House will vote on a bill to end the government shutdown around 7 p.m. Eastern Time on Wednesday. (Jinshi)

According to official sources, Coinbase filed documents with the U.S. Securities and Exchange Commission on Wednesday, announcing that it will leave Delaware and re-register in Texas.

Odaily Planet Daily reports that Chris Turner, an analyst at ING, stated in a webinar that the US dollar may decline next year as the prospect of further interest rate cuts by the Federal Reserve should lower hedging costs. He said lower interest rates will make it cheaper for European investors to hedge US assets. This could increase the hedging ratio of dollar assets and drag down the dollar's exchange rate. ING expects the Federal Reserve to cut interest rates by another 75 basis points. The bank predicts the euro will rise to 1.22 by the fourth quarter of 2026, driven by expectations that German fiscal stimulus will accelerate eurozone economic growth. (Jinshi)

According to Odaily, Tang Kriang Kai, a Cambodian citizen of Chinese descent involved in a transnational criminal scheme related to illegal blockchain financing, was escorted by Thai police to Bangkok's Suvarnabhumi Airport today and extradited back to China. Previously, on November 10th, the Thai Supreme Prosecutor's Office stated that the Court of Appeal upheld the lower court's ruling, ordering the extradition of Tang Kriang Kai for trial on charges of illegally operating casinos and other violations of Chinese law.

She Zhijiang's main crimes included creating and operating 239 illegal gambling websites, involving over 12.63 trillion Thai baht (approximately 2.77 trillion yuan). He conducted gambling and telecom fraud activities for a long time in the Myawaddy KK Industrial Park and the "Asia Pacific New City" in Myanmar, using online platforms to lure Chinese citizens into illegal transactions. She Zhijiang also built the Asia Pacific New City in the Shuigou Valley area on the Thai-Myanmar border, claiming it was the first project to implement blockchain technology for global financing, but in reality, it was used for online gambling and telecom fraud operations.

According to an official announcement, Bitget has launched USDT-based BEAT perpetual contracts with leverage ranging from 1x to 25x. Contract trading of BOT will also be available simultaneously.

Odaily Planet Daily reports that U.S. Treasury Secretary Bessenter stated that the issue of tariff rebates is under discussion and no decision has been made yet. He added that there are multiple channels for distributing tariff rebates and reiterated that large-scale tax refunds will arrive in early 2026. (Jinshi)

Odaily Planet Daily reports that U.S. Treasury Secretary Bessant stated that Americans are expected to begin feeling better about the economy in the first and second quarters of next year, with real income projected to rebound in both quarters. (Jinshi)

Odaily Planet Daily reports that U.S. Treasury Secretary Bessant stated that significant tariff news is expected in the coming days, as the government shutdown has caused a "minor setback" in the economy. (Jinshi)

According to Odaily Planet Daily, JP Morgan analysts currently rate COIN, MARA, and RIOT as Overweight, meaning they believe these stocks will outperform the market. The ratings are as follows:

COIN – Overweight. Current price: $305.84, target price: $399;

MARA – Overweight. Current price: $14.68, target price: $20.

RIOT – Overweight. Current price: $16.05, Target price: $19.