Partnership Announcement

The U.S. Senate has passed a motion to terminate the debate on the GENIUS Act stablecoin bill, clearing the way for its legislative process. The bill requires that stablecoins be backed by highly liquid assets at a 1:1 ratio and establishes an issuance licensing procedure. Despite controversies and challenges, if the bill is ultimately passed, it will reshape the stablecoin market, promoting industry consolidation and consumer trust.

The article explores the concept of intent trading and its integration with AI agents, emphasizing its potential to simplify user experience and enhance trading security. Intent trading allows users to focus on their goals while third parties handle the specific trading steps. In the future, AI agents will be able to understand user intentions and optimize trade execution, potentially changing the way blockchain interactions occur. The focus is also on the need to balance efficiency with security.

The article analyzes the importance and development trends of the Web3 payment industry, emphasizing the reasons why traditional payment giants are laying out their strategies in Web3, such as high profit potential and competitive pressure. It also points out the advantages of Web3 payments in dropping transaction costs, Exchange Rate risks, and enhancing security. Major players include MoonPay, Alchemy Pay, Bit.Store, and Ripple. Looking ahead, the industry will face trends such as regulatory clarity, technological innovation, and user education, and Web3 payments are expected to reshape the global payment landscape.

The cross-border payment platform connects the mainland with Hong Kong, providing convenient small remittance services, but there are legal risks associated with the outflow of virtual money for virtual currency. Mainland residents face identification restrictions on remittances, and using intermediary funds may violate regulations. As financial institutions enter the virtual currency sector, it is necessary to follow changes in laws and regulations to ensure compliance.

Ethereum Pectra Upgrade: Important Milestones in Staking Optimization, L2 Expansion, and Account Abstraction On May 7th, Ethereum successfully completed the Pectra upgrade. As a crucial mainnet upgrade this year, Pectra has laid a new foundation for the future development of Ethereum around three core areas: Staking, L2 scaling, and account abstraction. Let's take a look back at the key highlights of this upgrade. 1. Major improvements in the Staking mechanism In this upgrade, the staking limit for a single validator node has been increased from 32