Odaily News: Decentralized finance (DeFi) protocol Sky Protocol has been granted a B3 long-term counterparty risk rating by credit rating agency Moody's, with a stable outlook; this is the first time Moody's has rated a stablecoin protocol.

As of September, Sky Protocol held approximately $90 million in tangible common equity, corresponding to about $10 billion in tangible managed assets. Moody's described its capital position as a "significant credit weakness." Sky Protocol, formerly known as MakerDAO, is responsible for managing the dollar-pegged USDS and DAI.

Moody's noted that approximately 45% to 50% of Sky Protocol's assets consist of stablecoins and tokenized money market funds, with another approximately 25% in crypto-collateralized loans. Its rating is also constrained by low capital adequacy, confidence-sensitive stablecoin liabilities, and risks related to its DAO structure.

If the capital ratio rises to and remains above 2.5%, and profitability, liquidity, and asset risk remain stable, Sky Protocol's rating may be upgraded; if the capital ratio falls below 0.5%, it reports consecutive quarterly losses, or liquidity weakens, the rating may be downgraded. (Bitcoin.com News)

Odaily reports: Bitcoin News posted on X that Strategy currently holds 848,000 BTC, while BlackRock's IBIT holds 805,222 BTC, bringing their combined holdings to 1.653 million BTC, approximately 7.9% of the 21 million total supply cap. Based on Monday's price of $85,179, these BTC are worth approximately $141 billion. Some of this is held on corporate balance sheets, while the rest backs ETF issuance and redemption shares.

Odaily News: Payward is in talks with Wells Fargo to become its cryptocurrency liquidity provider. The proposed partnership would involve providing liquidity for digital asset trading.

Previously, Wells Fargo provided advisory services for Nasdaq's $100 million investment in Payward. (CoinDesk)

Odaily News: Capital Group's Growth ETF has increased its Strategy holdings by 535,300 shares, bringing its total position to 2.19 million shares, valued at approximately $336 million. Capital Group, which manages $3.3 trillion in assets, had previously further increased its position through ANCFX, which purchased 4.32 million Strategy shares in April 2026 for approximately $747 million. ANCFX currently holds 10.33 million shares, valued at approximately $1.78 billion. For traditional asset allocation institutions, MSTR remains a leveraged Bitcoin exposure that can pass compliance reviews through stock exchange channels.

Odaily reports that according to Onchain Lens monitoring, Wintermute sold 619.59 BTC through Binance, worth $51.7 million. Meanwhile, BlackRock's IBIT ETF bought and received 1,426.47 BTC from Coinbase Prime, worth $119 million.

According to Onchain Lens monitoring, the U.S. government has transferred an additional 94.15 million USDT from seized FTX/Alameda funds to Coinbase Prime. The cumulative transfer amount over the past few hours has reached approximately $566 million.

Odaily News: According to Bitcoin News monitoring, Arkham reports that US government-linked wallets transferred approximately 4,695 BTC, along with WBTC and USDT, through a series of transactions today, involving total assets worth approximately $470 million. On-chain analyst @TimechainIndex independently flagged the same batch of approximately 4,695 BTC, distributed across 4 transactions. The assets are related to seizures tied to the Bitfinex hack and FTX/Alameda, with some assets already sent to Coinbase Prime deposit addresses. This transfer follows the US government's additional transfer to Coinbase Prime yesterday.

According to Odaily, Bitcoin Treasuries posted on X platform that Marusho Hotta, a Japanese company with a 165-year history, has changed its name to Bitcoin Japan Corp (8105.T), adding 5.88 BTC to its holdings, and currently holds a total of 17.8 Bitcoins.

According to Gate data, Brent crude oil (XBRUSD) fell to $104/barrel, currently at $103.94/barrel, down 0.2% in 24 hours.

Odaily: predict.fun posted on X that Polymarket announced at TOKEN2049 on-site that the probability of a token has dropped from 63% to 17%.

Odaily Reports — According to Onchain Lens monitoring, Hyperliquid Labs completed the unstaking of 3.75 million HYPE tokens within 7 days, valued at $330 million, and the tokens have now been credited to its spot balance. These tokens will not be sold on the open market; the Hyperliquid Labs team has reached an over-the-counter (OTC) trading agreement with an undisclosed institution. As of now, 1.875 million HYPE have been distributed to 5 OTC buyer wallets, with each wallet receiving 375,000 tokens, accounting for 50% of the 3.75 million OTC distribution quota.

Odaily News: According to Onchain Lens monitoring, the Hyperliquid Labs-related page lists 5 OTC buyer wallets, namely OTC buyer wallet (0x3460...18fc), OTC buyer wallet (0xa5d4...29fd), OTC buyer wallet (0x84ac...7dbf), OTC buyer wallet (0x6146...80f3), and OTC buyer wallet (0x8044...c7ac).

Odaily News: French Hill, Chairman of the U.S. House Financial Services Committee, stated that regulators' efforts to advance digital asset regulation lack the long-term stability that congressional legislation would provide. He hopes Congress will pass the CLARITY Act during the lame-duck session before the new Congress takes office in 2027.

The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have previously proposed related rulemaking plans. French Hill stated that the regulatory actions of the two agencies following the U.S. Senate's failure to pass the CLARITY Act last month are still insufficient to serve as a substitute for a legislative solution.

SEC Chairman Paul Atkins and CFTC Chairman Michael Selig have announced that they will proceed with cryptocurrency regulation in accordance with the directives of U.S. President Donald Trump. As of Wednesday, there were a total of 7 vacancies in the leadership of the two agencies; among them, Hester Peirce announced last week that she would resign as an SEC Commissioner, and the CFTC is currently led solely by Selig as Chairman and Commissioner. (Cointelegraph)

Odaily reports that Coinbase has announced it will list Pons (PONS) for spot trading on October 7. If liquidity conditions are met and trading is supported in the relevant regions, the PONS-USD trading pair will open today.

Odaily News: Coinbase will list Pons (PONS) for spot trading on October 7. If liquidity conditions are met and trading is supported in the relevant regions, the PONS-USD trading pair will open today.

Odaily News: The number of stablecoin holding addresses on the Solana blockchain network has exceeded 14.02 million, hitting a record high and marking a significant increase from fewer than 4 million at the end of 2024. Solana's stablecoin supply has surpassed $15 billion, with cumulative stablecoin card transaction volume breaking through $1 billion.

The Solana Foundation launched Solana DvP on October 6, an open-source delivery-versus-payment framework designed to synchronize the settlement of tokenized assets and cash within a single atomic transaction. The system employs an escrow isolation mechanism, aiming to complete settlement within seconds and reduce the risk of one party completing a transaction while the other fails.

J.P. Morgan provided input on institutional settlement needs during the development period. The audited Solana DvP standard is applicable to tokenized stocks, funds, and other real-world assets. (Bitcoin.com News)