Updated: October 16, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Mastercard stablecoin platform connects to hundreds of millions of merchants OCC plans final GENIUS Act rules by end-October RippleUpdated: October 16, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Mastercard stablecoin platform connects to hundreds of millions of merchants OCC plans final GENIUS Act rules by end-October Ripple
Learn/Featured Content/MEXC On-Chain Daily Report: Mastercard Connects Stablecoin Balances to Hundreds of Millions of Merchant Locations
MEXC On-Chain Daily Report: Mastercard Connects Stablecoin Balances to Hundreds of Millions of Merchant Locations
Updated: October 16, 2026, 09:30 (UTC+8) | Author: MEXC
Headlines
- Mastercard stablecoin platform connects to hundreds of millions of merchants
- OCC plans final GENIUS Act rules by end-October
- Ripple Prime launches RWA perpetual contracts
- Brazil launches blockchain tokenized securities pilot
- Stripe and Plasma develop multi-currency stablecoin card
Industry Updates
NeoSoul: Dedicated DNA Airdrop for StandX Community, Details to Be Announced After TGE
According to Odaily Planet Daily, NeoSoul said it will allocate a dedicated DNA airdrop quota to the StandX community to reward contributors who have supported the StandX ecosystem over the long term. Detailed eligibility rules and the claim portal will be announced after the DNA TGE. NeoSoul also expressed support for the StandX team and said it is willing to communicate further on additional community-support initiatives. The specific airdrop size, eligibility snapshot, and claim schedule have not yet been disclosed and will be subject to the project’s official post-TGE rules.
Chip Stocks Lose $1 Trillion in Market Value as Investors Pour Into Semiconductor ETFs to Buy the Dip
According to Odaily Planet Daily, chip stocks have recently lost about $1 trillion in market value, while ETF capital has continued to flow into the sector. The $72 billion VanEck Semiconductor ETF attracted more than $430 million over the past three trading days and is on track for its strongest weekly inflow since early September. The Direxion Daily Semiconductor Bull 3X ETF has received about $3.8 billion despite falling nearly 21% this week. The Philadelphia Semiconductor Index has declined 12% over the past six trading days, highlighting growing volatility driven by concerns over AI spending, valuations, and interest rates.
Australia Proposes Legislation Requiring Crypto Transaction Reporting and International Tax Information Sharing
According to Odaily Planet Daily, Australia is proposing new legislation to strengthen tax reporting requirements and international information sharing for crypto asset transactions. Under the bill, crypto platforms would be required to report transactions involving Australian residents to tax authorities starting in July 2027. The measures would further increase tax transparency for local crypto activity and strengthen the connection between digital asset transaction records and international tax information exchange systems. If formally implemented, requirements for user identification, transaction records, and tax-data management at crypto platforms would also increase.
shturl.cc/W Launches First Predict the Worlds Competition Alongside Real-Time Chat
According to Odaily Planet Daily, shturl.cc/W has launched its first Predict the Worlds competition together with a real-time chat feature. Users can share predictions and communicate with other traders while participating in the market. The update further combines prediction-market trading with social interaction, allowing users to discuss event outcomes, market odds, and trading views in real time. As prediction markets attract more active users, integrating community interaction, information feeds, and trading access into a single product is becoming an increasingly important way for platforms to boost engagement.
Tokenized Asset Settlement Platform Multiliquid Raises $8 Million, Led by Polychain
According to The Block, Uniform Labs, the developer of Multiliquid, has raised a total of $8 million across its pre-seed and seed rounds, with the latest seed round led by Polychain and participation from Circle Ventures and other investors. Multiliquid enables institutions to convert tokenized assets and stablecoins through single atomic transactions. The platform is currently deployed on Ethereum and Solana and uses a non-custodial settlement model based on net asset value. The funding will be used to expand the protocol development team, onboard liquidity partners, and broaden its range of tokenized cash and U.S. Treasury products.
Farcaster Acquired by Network School
According to Odaily Planet Daily, Balaji Srinivasan’s Network School has acquired decentralized social network Farcaster from Neynar. The transaction value has not been disclosed. Farcaster’s application, protocol codebase, and related products will be transferred to Network School, while some members of the Neynar team will join the new organization to continue development. Farcaster is expected to be renamed the “Network State Protocol” and explore a model built around digital societies, with users able to receive an on-chain access NFT by accepting a “social smart contract.”
Fission Raises $10 Million Series A Led by Pantera Capital
According to Odaily Planet Daily, Fission has completed a $10 million Series A funding round led by Pantera Capital, with participation from Circle Ventures, Borderless Capital, and others. The company has not disclosed its valuation. Fission provides liquidity services for tokenized funds by acting as a buyer for investors seeking to sell fund shares, reducing the waiting period associated with traditional fund redemptions. The company says products that would normally take about 200 days to sell can, through its service, settle in as little as 90 seconds or less. Its clients primarily include institutions and organizations holding on-chain assets.
Russia to Ban Direct P2P Crypto Trading for Individuals From July 2027 and Has Already Restricted Transfers to Self-Custody Wallets
According to Cointelegraph, the Bank of Russia said current arrangements allowing individuals to conduct direct peer-to-peer crypto asset transactions will remain in place until July 1, 2027, after which such transactions must be conducted through authorized intermediaries. Regulatory guidance also states that individuals may not transfer crypto assets from digital accounts to self-custody wallets. Russia is currently expanding its regulated crypto market, with Sberbank already authorized for crypto trading and digital asset custody, while the use of cryptocurrencies to pay for goods and services remains prohibited.
Grayscale Partners With Republic to Offer DeFi and Decentralized AI Crypto Investment Products
According to Odaily Planet Daily, Grayscale has partnered with investment platform Republic to make several crypto investment products accessible to eligible investors, including the Grayscale DeFi Fund, a decentralized AI fund, and the Data Network Trust. The DeFi fund includes UNI, AAVE, ONDO, ENA, CRV, and LDO, while the decentralized AI fund includes NEAR, TAO, RENDER, and FIL. The partnership further expands access through traditional investment platforms to thematic portfolios of crypto assets.
Taiwan Restricts Access to Coinbase and Kalshi
According to Bloomberg, Taiwan has restricted local access to the websites of Coinbase and prediction market platform Kalshi. The restrictions were reportedly authorized by the New Taipei District Court and implemented by local communications regulators and internet-registration-related authorities. Taiwan had previously also restricted access to prediction market platform Polymarket. The measures affect local access to crypto trading and prediction market platforms, highlighting the different market-access and compliance requirements these platforms face across jurisdictions.
MEXC Market Heatmap
Data Note: Data is sourced from real-time MEXC market data before 09:30 (UTC+8) and may subsequently change with market fluctuations.
New Listing Announcement: DNA/USDT, Listing Time: 2026-10-16 18:00:00 (UTC+8)
On-Chain Calendar
High-Risk Token Unlocks
- Vana/USDT [10-16 22:40] Unlock: $1.32m USDT, 4.04% of circulating supply, short-term sell pressure: High
- Redbelly Network/USDT [10-17 08:01] Unlock: $96,951 USDT, 1.59% of circulating supply, short-term sell pressure: Medium
- zkSync Era/USDT [10-17 13:35] Unlock: $2.78m USDT, 1.6% of circulating supply, short-term sell pressure: Medium
- deBridge/USDT [10-17 19:39] Unlock: $12.05m USDT, 10.43% of circulating supply, short-term sell pressure: High
- Re/USDT [10-18 01:58] Unlock: $3.07m USDT, 4.44% of circulating supply, short-term sell pressure: High
- UXLINK/USDT [10-18 03:06] Unlock: $5,923 USDT, 1.17% of circulating supply, short-term sell pressure: Medium
- Solv Protocol/USDT [10-18 12:10] Unlock: $747,681 USDT, 3.26% of circulating supply, short-term sell pressure: High
Key Macro Events
- Oct 16, 04:30 — United States | Federal Reserve | Balance Sheet [Liquidity changes affect U.S. dollar funding conditions and risk-asset allocation]
- Oct 16, 10:00 — United Kingdom | Bank of England | Bailey Speech [Rate signals affect sterling expectations and capital flows into UK assets]
- Oct 16, 11:30 — United States | Federal Reserve | Chair Warsh Speech [Policy signals affect Treasury yields, the dollar, and risk assets]
- Oct 16, 12:15 — Canada | Bank of Canada | Macklem Speech [Policy guidance affects Canadian rate expectations and capital flows]
- Oct 16, 17:00 — European Union | Final Inflation Data [Inflation changes affect ECB rate expectations and euro pricing]
- Oct 16, 20:30 — United States | Export and Import Price Data [Price changes affect inflation expectations and Federal Reserve rate pricing]
Security Alert
Recently, users should remain alert to crypto investment scams operated by transnational scam centers. The U.S. Department of Justice and the FBI-backed Scam Center Strike Force continue to take action against criminal networks using social media, fake investment platforms, and crypto transfers to defraud victims. These schemes commonly begin by building trust before directing victims to repeatedly transfer funds to designated platforms or wallets. Department of Justice Users should avoid connecting wallets through links sent in unsolicited messages, group chats, or by so-called “mentors,” and should not deposit funds into unverified platforms. If asked to pay additional “taxes,” “security deposits,” or “unlock fees,” users should stop transferring funds immediately and preserve wallet addresses, transaction hashes, and chat records.
The MEXC On-Chain Daily Report is updated daily, providing crypto professionals with timely, professional, and in-depth market insights. Feel free to share and subscribe.
Want to receive the latest MEXC updates? Join our official Telegram community now!
MEXC Platform: Download the App | Trade With Zero Fees | Buy USDT Now Join the MEXC Community: X (Twitter) | Telegram | Discord
Account Verification: Learn About KYC | How to Complete KYC
Risk Disclaimer: This article is for reference only and does not constitute investment advice. The cryptocurrency market is highly volatile. Please make decisions cautiously based on your individual circumstances.
Updated: October 16, 2026, 09:30 (UTC+8) | Author: MEXC
Headlines
- Mastercard stablecoin platform connects to hundreds of millions of merchants
- OCC plans final GENIUS Act rules by end-October
- Ripple Prime launches RWA perpetual contracts
- Brazil launches blockchain tokenized securities pilot
- Stripe and Plasma develop multi-currency stablecoin card
Industry Updates
NeoSoul: Dedicated DNA Airdrop for StandX Community, Details to Be Announced After TGE
According to Odaily Planet Daily, NeoSoul said it will allocate a dedicated DNA airdrop quota to the StandX community to reward contributors who have supported the StandX ecosystem over the long term. Detailed eligibility rules and the claim portal will be announced after the DNA TGE. NeoSoul also expressed support for the StandX team and said it is willing to communicate further on additional community-support initiatives. The specific airdrop size, eligibility snapshot, and claim schedule have not yet been disclosed and will be subject to the project’s official post-TGE rules.
Chip Stocks Lose $1 Trillion in Market Value as Investors Pour Into Semiconductor ETFs to Buy the Dip
According to Odaily Planet Daily, chip stocks have recently lost about $1 trillion in market value, while ETF capital has continued to flow into the sector. The $72 billion VanEck Semiconductor ETF attracted more than $430 million over the past three trading days and is on track for its strongest weekly inflow since early September. The Direxion Daily Semiconductor Bull 3X ETF has received about $3.8 billion despite falling nearly 21% this week. The Philadelphia Semiconductor Index has declined 12% over the past six trading days, highlighting growing volatility driven by concerns over AI spending, valuations, and interest rates.
Australia Proposes Legislation Requiring Crypto Transaction Reporting and International Tax Information Sharing
According to Odaily Planet Daily, Australia is proposing new legislation to strengthen tax reporting requirements and international information sharing for crypto asset transactions. Under the bill, crypto platforms would be required to report transactions involving Australian residents to tax authorities starting in July 2027. The measures would further increase tax transparency for local crypto activity and strengthen the connection between digital asset transaction records and international tax information exchange systems. If formally implemented, requirements for user identification, transaction records, and tax-data management at crypto platforms would also increase.
shturl.cc/W Launches First Predict the Worlds Competition Alongside Real-Time Chat
According to Odaily Planet Daily, shturl.cc/W has launched its first Predict the Worlds competition together with a real-time chat feature. Users can share predictions and communicate with other traders while participating in the market. The update further combines prediction-market trading with social interaction, allowing users to discuss event outcomes, market odds, and trading views in real time. As prediction markets attract more active users, integrating community interaction, information feeds, and trading access into a single product is becoming an increasingly important way for platforms to boost engagement.
Tokenized Asset Settlement Platform Multiliquid Raises $8 Million, Led by Polychain
According to The Block, Uniform Labs, the developer of Multiliquid, has raised a total of $8 million across its pre-seed and seed rounds, with the latest seed round led by Polychain and participation from Circle Ventures and other investors. Multiliquid enables institutions to convert tokenized assets and stablecoins through single atomic transactions. The platform is currently deployed on Ethereum and Solana and uses a non-custodial settlement model based on net asset value. The funding will be used to expand the protocol development team, onboard liquidity partners, and broaden its range of tokenized cash and U.S. Treasury products.
Farcaster Acquired by Network School
According to Odaily Planet Daily, Balaji Srinivasan’s Network School has acquired decentralized social network Farcaster from Neynar. The transaction value has not been disclosed. Farcaster’s application, protocol codebase, and related products will be transferred to Network School, while some members of the Neynar team will join the new organization to continue development. Farcaster is expected to be renamed the “Network State Protocol” and explore a model built around digital societies, with users able to receive an on-chain access NFT by accepting a “social smart contract.”
Fission Raises $10 Million Series A Led by Pantera Capital
According to Odaily Planet Daily, Fission has completed a $10 million Series A funding round led by Pantera Capital, with participation from Circle Ventures, Borderless Capital, and others. The company has not disclosed its valuation. Fission provides liquidity services for tokenized funds by acting as a buyer for investors seeking to sell fund shares, reducing the waiting period associated with traditional fund redemptions. The company says products that would normally take about 200 days to sell can, through its service, settle in as little as 90 seconds or less. Its clients primarily include institutions and organizations holding on-chain assets.
Russia to Ban Direct P2P Crypto Trading for Individuals From July 2027 and Has Already Restricted Transfers to Self-Custody Wallets
According to Cointelegraph, the Bank of Russia said current arrangements allowing individuals to conduct direct peer-to-peer crypto asset transactions will remain in place until July 1, 2027, after which such transactions must be conducted through authorized intermediaries. Regulatory guidance also states that individuals may not transfer crypto assets from digital accounts to self-custody wallets. Russia is currently expanding its regulated crypto market, with Sberbank already authorized for crypto trading and digital asset custody, while the use of cryptocurrencies to pay for goods and services remains prohibited.
Grayscale Partners With Republic to Offer DeFi and Decentralized AI Crypto Investment Products
According to Odaily Planet Daily, Grayscale has partnered with investment platform Republic to make several crypto investment products accessible to eligible investors, including the Grayscale DeFi Fund, a decentralized AI fund, and the Data Network Trust. The DeFi fund includes UNI, AAVE, ONDO, ENA, CRV, and LDO, while the decentralized AI fund includes NEAR, TAO, RENDER, and FIL. The partnership further expands access through traditional investment platforms to thematic portfolios of crypto assets.
Taiwan Restricts Access to Coinbase and Kalshi
According to Bloomberg, Taiwan has restricted local access to the websites of Coinbase and prediction market platform Kalshi. The restrictions were reportedly authorized by the New Taipei District Court and implemented by local communications regulators and internet-registration-related authorities. Taiwan had previously also restricted access to prediction market platform Polymarket. The measures affect local access to crypto trading and prediction market platforms, highlighting the different market-access and compliance requirements these platforms face across jurisdictions.
MEXC Market Heatmap
Data Note: Data is sourced from real-time MEXC market data before 09:30 (UTC+8) and may subsequently change with market fluctuations.
New Listing Announcement: DNA/USDT, Listing Time: 2026-10-16 18:00:00 (UTC+8)
On-Chain Calendar
High-Risk Token Unlocks
- Vana/USDT [10-16 22:40] Unlock: $1.32m USDT, 4.04% of circulating supply, short-term sell pressure: High
- Redbelly Network/USDT [10-17 08:01] Unlock: $96,951 USDT, 1.59% of circulating supply, short-term sell pressure: Medium
- zkSync Era/USDT [10-17 13:35] Unlock: $2.78m USDT, 1.6% of circulating supply, short-term sell pressure: Medium
- deBridge/USDT [10-17 19:39] Unlock: $12.05m USDT, 10.43% of circulating supply, short-term sell pressure: High
- Re/USDT [10-18 01:58] Unlock: $3.07m USDT, 4.44% of circulating supply, short-term sell pressure: High
- UXLINK/USDT [10-18 03:06] Unlock: $5,923 USDT, 1.17% of circulating supply, short-term sell pressure: Medium
- Solv Protocol/USDT [10-18 12:10] Unlock: $747,681 USDT, 3.26% of circulating supply, short-term sell pressure: High
Key Macro Events
- Oct 16, 04:30 — United States | Federal Reserve | Balance Sheet [Liquidity changes affect U.S. dollar funding conditions and risk-asset allocation]
- Oct 16, 10:00 — United Kingdom | Bank of England | Bailey Speech [Rate signals affect sterling expectations and capital flows into UK assets]
- Oct 16, 11:30 — United States | Federal Reserve | Chair Warsh Speech [Policy signals affect Treasury yields, the dollar, and risk assets]
- Oct 16, 12:15 — Canada | Bank of Canada | Macklem Speech [Policy guidance affects Canadian rate expectations and capital flows]
- Oct 16, 17:00 — European Union | Final Inflation Data [Inflation changes affect ECB rate expectations and euro pricing]
- Oct 16, 20:30 — United States | Export and Import Price Data [Price changes affect inflation expectations and Federal Reserve rate pricing]
Security Alert
Recently, users should remain alert to crypto investment scams operated by transnational scam centers. The U.S. Department of Justice and the FBI-backed Scam Center Strike Force continue to take action against criminal networks using social media, fake investment platforms, and crypto transfers to defraud victims. These schemes commonly begin by building trust before directing victims to repeatedly transfer funds to designated platforms or wallets. Department of Justice Users should avoid connecting wallets through links sent in unsolicited messages, group chats, or by so-called “mentors,” and should not deposit funds into unverified platforms. If asked to pay additional “taxes,” “security deposits,” or “unlock fees,” users should stop transferring funds immediately and preserve wallet addresses, transaction hashes, and chat records.
The MEXC On-Chain Daily Report is updated daily, providing crypto professionals with timely, professional, and in-depth market insights. Feel free to share and subscribe.
Want to receive the latest MEXC updates? Join our official Telegram community now!
MEXC Platform: Download the App | Trade With Zero Fees | Buy USDT Now Join the MEXC Community: X (Twitter) | Telegram | Discord
Account Verification: Learn About KYC | How to Complete KYC
Risk Disclaimer: This article is for reference only and does not constitute investment advice. The cryptocurrency market is highly volatile. Please make decisions cautiously based on your individual circumstances.
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