Odaily News: The Wyoming Stablecoin Commission has announced the adoption of Chainlink Proof of Reserve to provide near-real-time on-chain reserve verification for the state's official stablecoin, the Frontier Stable Token (FRNT). Previously, Wyoming had migrated its cross-chain infrastructure from LayerZero to Chainlink CCIP, and has now further designated Chainlink as the sole on-chain asset verification infrastructure. The audit firm The Network Firm will review FRNT's reserves and token supply in accordance with the American Institute of Certified Public Accountants (AICPA) standards, with verification data being published on-chain via Chainlink to reduce information gaps between reporting periods.

Odaily News - Tether AI Research, the AI research team under Tether, announced the release of open-source AI translation models QVAC TranslatePsy-AfriSLM, QVAC TranslatePsy-AfriNano, and QVAC TranslatePsy-EuroNano, supporting 19 African languages, 8 African languages, and 9 European languages respectively. These models can run offline locally on devices such as smartphones and laptops.

The TranslatePsy models can handle translations without requiring an internet connection, ensuring user data remains on the device. With only 800 million parameters, the TranslatePsy-AfriSLM outperforms Qwen3.5-122B-A10B, TranslateGemma-27B, and NLLB-3.3B on the FLORES-200, BOUQuET, and SMOL benchmarks.

TranslatePsy-EuroNano supports 90 translation directions among 9 European languages, with the smallest deployment version requiring only 36MB of storage—approximately 94% less than a comparable Firefox offline translation setup. TranslatePsy-AfriSLM is now available for download on Hugging Face, and the related research has been accepted by EMNLP 2026. (Tether News)

Odaily reported that DDC Enterprise released its financial results for the first half of 2026: total revenue reached $20.2 million, a year-over-year increase of 29%; the company holds 2,899 Bitcoins, up 145% from 1,181 at the end of 2025; the net loss for the first half was $38.4 million, primarily due to a $34.3 million non-cash unrealized fair value loss on its Bitcoin holdings. The board has approved a share repurchase program of $10 million or 20% of the outstanding Class A common shares.

According to Odaily Meme Express monitoring, LOONG's market cap on BSC has surpassed $630,000.

LOONG originates from a cultural narrative proposed by Twitter user Simon, advocating the use of "Loong" instead of "Dragon" to represent Chinese dragon culture.

"Meme Express" is curated by Odaily's exclusive AI model, screening highly discussed potential projects within the community. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with Meme coins.

According to GMGN data, the Robinhood Chain ecosystem Meme coin $1 briefly surpassed a $3 million market cap and is now reported at approximately $2.39 million, up over 650x intraday.

The $1 narrative revolves around the "Trump $1 commemorative coin." Earlier reports mentioned that to celebrate the 250th anniversary of the founding of the United States, the U.S. Treasury plans to issue a Trump commemorative coin. The Wall Street Journal recently revealed that this new coin is being rapidly minted in Philadelphia and will be officially launched this fall. It is noted that the coin features Trump's portrait on one side and the bald eagle design from the presidential seal on the other.

Odaily reminds that Meme coin prices are highly volatile and susceptible to market sentiment and hot topics. Please be aware of trading risks.

Odaily星球日报讯 据链上分析师 Ai 姨监测，某巨鲸看多 4.5 万枚 ETH，为降低清算风险卖出 1500 枚 ETH 并追加 350 万美元保证金。2 小时前，该巨鲸在链上卖出 1500 枚 ETH，获得 61.8 万美元盈利，并将所得 USDC 作为保证金存入 Hyperliquid。目前，其价值 1.07 亿美元的 ETH 多单浮亏扩大至 480 万美元，最新清算价格为 2173.36 美元，距离清算仅剩 207 美元空间。

Odaily News: Sui announced on X that Kravata is now live on Sui, providing regulated stablecoin infrastructure for Latin America, supporting stablecoin transfers, payments, and embeddable global accounts with zero gas fees and settlement in seconds. Kravata has 5 million users in Latin America and is now integrated with Sui.

Odaily Planet Daily News: Trump's crypto ally and bitcoin entrepreneur David Bailey is trying to revive his crypto reserve business. In May 2025, David Bailey's Nakamoto completed its merger and went public, after the company had raised approximately $760 million to build a bitcoin reserve. His hedge fund had previously achieved returns of as much as 640% on related strategies. However, since then, Nakamoto's stock has plunged roughly 99% from its peak, serving as a microcosm of the broader collapse in digital asset treasury companies, as investors are no longer willing to pay a premium for holding bitcoin through publicly traded companies, causing valuations across this sector to suffer severe damage.

Still, David Bailey is trying to prove that Nakamoto has a sustainable business model even without the bitcoin holding premium, and said he will continue to maintain periodic contact with the White House. (Bloomberg)

Odaily Planet Daily News: Lily Liu posted on the X platform, stating that capital, assets, and ownership are migrating toward 24/7 internet infrastructure, forming a long-term "token supercycle." Tokenization is not just about moving assets onto the chain—it also transforms the assets themselves, enabling value to be issued, held, financed, and traded in a market that never closes. She noted that stablecoins have proven capital can flow globally on-chain, financial institutions are pushing assets onto the chain, blockchain infrastructure is beginning to meet the speed and cost demands of real economic activity, and AI economic agents require programmable money. When these factors converge, any form of value with clear ownership could be tokenized, gaining broader access to distribution, financing, and trading channels.

Over the past year, RWA trading volume on Solana has reached hundreds of billions of dollars, covering tokenized U.S. Treasuries, equities, and private credit. During the same period, stablecoin transfer volume exceeded $4.7 trillion. Liu stated that tokenization can also enable more investors to overcome geographic, minimum investment, and accreditation barriers, while allowing held assets to be used as collateral or generate yield. Although the current on-chain market size remains far below traditional markets, the related infrastructure could eventually reach 5.5 billion internet users globally.

Odaily News Trader Bonkguy (unipcs) stated on the X platform that his publicly recorded Meme coin trades from the previous cycle include: BONK growing from $16,000 to over $20 million, WIF growing from $6,000 to over $1 million, FARTCOIN growing from approximately $300,000 to over $8 million, PNUT and POPCAT each growing from low six-figure USD amounts to over $1 million, and MAGA, DOGEGOV, and Roaring Kitty-themed tokens collectively growing from low five-figure and six-figure USD amounts to over $5-10 million.

Unipcs stated that despite constant ridicule and claims that he would fail, his judgment has been repeatedly validated. Additionally, Unipcs said he believes USELESS will become the leading Meme coin this cycle, becoming the next DOGE or SHIB with a market cap in the tens of billions, and stated that his conviction in USELESS is stronger than in any previous trade. This is his most representative Meme coin trade of the cycle and the one he is most willing to stake his reputation on.

Odaily News - The USD-pegged stablecoin $U has been listed on Kraken, opening USTABLES/USD trading, and covering fiat, major crypto assets, and stablecoin quotes through synthetic trading pairs.

$U has been live for approximately 9 months, with a current circulating market cap of around $1.27 billion and daily trading volume of approximately $200 million. It has been listed on exchanges including Binance, covering BNB Chain, Ethereum, and TRON. On the product side, it has integrated with Lista, Venus, as well as payment and on-chain settlement scenarios.

Odaily News U.S. Commerce Secretary Howard Lutnick said on Wednesday that the Trump administration is considering a new round of tariffs on imported semiconductors, potentially raising taxes on foreign chips further in an effort to attract more semiconductor manufacturing to the United States. However, these tariffs may be paired with tariff relief measures for companies investing in U.S. domestic manufacturing, following the approach the Trump administration previously adopted for the pharmaceutical industry.

Lutnick said: "That's the principle that should apply to the semiconductor industry: if you produce in the United States, we will grant you tariff relief; if you don't produce in the United States, you will pay tariffs. This is a very sensible approach, and it works." Trump has already imposed 25% tariffs on certain advanced semiconductors and, after the U.S. Commerce Department completed its trade investigation, ordered additional import tariffs on these chips in January this year. However, the scope of the new tariffs may expand from semiconductors themselves to products containing chips, thereby affecting imports of data center servers and consumer electronics. (Jin10)

Odaily News: U.S. ADP employment increased by 38,000 in August, marking the smallest gain since January and falling short of the market expectation of 48,000. (Jin10)

Odaily reported that according to GMGN data, the Robinhood Chain ecosystem Meme coin UBIK briefly surpassed a $13 million market cap and is currently reported at approximately $11.3 million, up over 70% intraday.

UBIK's narrative revolves around "AI + synthetic consciousness + Philip K. Dick science fiction." The official team has not yet announced a clear product, AI Agent, or related technology. The recent uptick in market attention is related to axibt dev publicly stating that they are developing a UBIK-related project.

Odaily reminds users that Meme coins are highly volatile in price and are susceptible to market sentiment and hot topics. Please be aware of trading risks.

Odaily News: According to HyperliquidNews monitoring, the total trading volume of Builder Code has reached $301.61 billion.

U.S. Treasury Secretary Bessent stated that he is communicating with all parties supporting Iran and warned that airlines, shipping companies, and digital asset-related entities could become targets of a new round of sanctions. He noted that the U.S. will systematically "remove bad actors" regarding the Iran issue and advised all parties to stay away from related transactions and cooperation concerning Iran and Russia, emphasizing that support should not be provided to these regimes.