Updated: October 13, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Three major firms’ stablecoin acquisitions exceed $3 billion Standard Chartered launches institutional RLUSD custody service FASBUpdated: October 13, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Three major firms’ stablecoin acquisitions exceed $3 billion Standard Chartered launches institutional RLUSD custody service FASB
Сурах/Featured Content/MEXC On-Chain Daily Report: Hong Kong to List Its Second Spot Solana ETF on October 13

MEXC On-Chain Daily Report: Hong Kong to List Its Second Spot Solana ETF on October 13

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Oct 13, 2026
13 мин
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Updated: October 13, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • Three major firms’ stablecoin acquisitions exceed $3 billion
  • Standard Chartered launches institutional RLUSD custody service
  • FASB proposes allowing stablecoins to qualify as cash equivalents
  • Hong Kong’s second spot Solana ETF is set to list
  • South Korea plans to expand tokenization to stocks, bonds, and funds

Industry Updates

Blur Frontend to Be Deprecated on November 12, 2026, While Marketplace Protocol Continues and Blend Stops Matching New Loans

According to Odaily Planet Daily, Blur said the blur.io frontend will be deprecated on November 12, 2026, while the Blur marketplace protocol will continue operating on-chain and BLUR will retain control of its fee switch. NFT lending protocol Blend will stop matching new loans on the same day, and borrowers will need to repay before then or allow their loans to default. Blur will later provide frontend tools to help users withdraw assets from Blend and has also warned users to remain alert to impersonation accounts and fake announcements. BLUR is currently quoted at $0.0194, down 7.75% over the past 24 hours.

Bitcoin Miners Need About $50 Billion to Complete AI Infrastructure Projects, With IREN Facing a $21.1 Billion Funding Gap

According to Cointelegraph, publicly traded Bitcoin miners are estimated to need about $50 billion to complete their planned AI infrastructure projects, with funding gaps of roughly $21.1 billion for IREN, $7.2 billion for Riot Platforms, and $4.6 billion for HIVE Digital. As miners expand into AI and high-performance computing, capital requirements for GPUs, data centers, and energy infrastructure are rising sharply. VanEck data shows that miner debt had increased by about 500% from the second quarter of 2024 by the time Bitcoin reached its bull-market high last October, making financing costs and potential equity dilution key pressures in the transition.

Tom Lee: $1.5 Trillion to $2 Trillion Wealth Transfer Could Drive the Next Phase of Crypto Market Growth

According to CoinDesk, Bitmine Immersion Technologies Chairman Tom Lee said an estimated $1.5 trillion to $2 trillion in wealth could be transferred between generations from 2026 to 2028, and younger investors’ higher risk tolerance may lead to greater allocations to crypto assets and equities. He also said Wall Street’s adoption of asset tokenization, AI development, and crypto treasury companies could become additional market growth drivers. Bitmine purchased another 12,532 ETH last week, bringing its holdings to 6,028,946 ETH, or about 4.9% of Ethereum’s total supply, leaving it roughly 76,000 ETH short of its 5% target.

USDC Treasury Mints an Additional 250 Million USDC on Solana

According to Odaily Planet Daily, USDC Treasury minted an additional 250 million USDC on the Solana network at 05:49 Beijing time. The new issuance increases native stablecoin supply on Solana and provides additional liquidity for on-chain trading, payments, DeFi, and institutional treasury activity. USDC has continued expanding its multi-chain issuance and cross-chain settlement capabilities, while Solana has become an important network for stablecoin use due to its high transaction throughput and active payments and trading ecosystem. The eventual destination of the newly minted supply will still need to be monitored through on-chain fund flows.

DeepSeek Leads Winverse AI Seed Round at a $400 Million Valuation

According to Bloomberg, robotics AI startup Winverse AI has completed a seed round worth tens of millions of dollars, led by DeepSeek, with participation from investors including Meituan-backed Long-Z Investments. The company, founded by a former top Tencent AI scientist, remains in stealth mode and was valued at about $400 million after the round. The investment indicates that DeepSeek is expanding beyond large-language-model development into embodied intelligence and robotics AI, while competition for capital across the AI model and robotics ecosystem continues to intensify.

ASIC Proposes Extending CFD Investor Protections to Crypto-Settled Derivatives

According to Cointelegraph, the Australian Securities and Investments Commission is proposing to broaden its contract-for-difference rules to cover derivatives settled through the transfer of digital assets when other relevant conditions are met. Such products would be subject to leverage limits, mandatory close-out requirements, and negative balance protection, while certain crypto futures and options with fixed expiry dates would be excluded. ASIC is accepting industry and stakeholder feedback until November 9. Australia has also previously passed legislation bringing crypto exchanges and tokenized custody platforms under its financial-services licensing framework, with the new regime scheduled to take effect on April 9, 2027.

Polkadot Community Proposes DAO Strategy Shift Toward User Acquisition and DOT-Backed Stable Assets

According to Odaily Planet Daily, the Polkadot community has submitted a proposal on SubSquare called the DOT DAO Strategy Mandate, calling for a shift in DAO strategy away from ecosystem-scale expansion and total value locked toward end-user acquisition and real-world usage. The proposal also calls for building a user-facing Polkadot Product Platform and launching permissionless DOT-collateralized stable assets called dotStables, with dotUSD receiving initial support. Using a collateral model similar to Liquity, the design aims to convert demand for stable assets into demand for DOT. The proposal remains in the governance preparation stage and has not yet entered formal implementation.

USDD Circulating Supply and TVL Hit New Records, Exceeding 1.81 Billion Tokens and $2.51 Billion

According to Odaily Planet Daily, official data shows that on October 12, USDD circulating supply and protocol TVL both reached new all-time highs, exceeding 1.81 billion tokens and $2.51 billion respectively, only four days after the previous milestone. USDD supply on the TRON network has surpassed 1.3 billion tokens, while Ethereum holds more than 450 million and BNB Chain more than 21 million. The figures show that USDD growth is occurring across multiple networks, with its cross-chain distribution and real-world usage becoming key indicators for whether the expansion can continue.

French Lawmakers Back Crypto Wallet Reporting Proposal, With Holdings Above €100,000 Potentially Subject to Fines

According to Cointelegraph, the Finance Committee of France’s National Assembly approved amendment I-CF821, which would require holders of self-custodied crypto assets worth at least €100,000 to report those holdings based on their value as of December 31 each year. Failure to report could result in fines of up to €10,000. The proposal is intended to strengthen tax reporting, but it has not become law. After the Finance Committee later rejected the revenue section of the 2027 budget by a vote of 31 to 3, the amendment will need to be resubmitted and approved during subsequent National Assembly deliberations before it can enter French law.

MEXC Market Heatmap

Data Note: Data is sourced from MEXC real-time market data before 09:30 (UTC+8) and may be updated later as market conditions fluctuate.

Top 24H Gainers: YVE/USDT (+2,479.20%), MBK/USDT (+210.49%), OKAI/USDT (+36.03%)
Top 24H Trading Volume: BTC/USDT (309.998M), ETH/USDT (235.073M), USDC/USDT (128.242M)
Trending Meme Tokens: BEM/USDT, ROBINCAT/USDT, SCHIFFY/USDT
New Listing Announcement: MTO/USDT, Listing Time: 2026-10-13 18:00:00 (UTC+8)

On-Chain Calendar

High-Risk Token Unlocks
  • peaq/USDT [10-13 09:08] Unlock: $3.32m USDT, 3.19% of circulating supply, short-term sell pressure: High
  • Starknet Bridge/USDT [10-14 21:01] Unlock: $20.42m USDT, 3.04% of circulating supply, short-term sell pressure: High
Key Macro Events
  • Oct 13, 00:50 — United States | Federal Reserve | Hammack Speech [Policy signals may affect Treasury yields and U.S. dollar flows]
  • Oct 13, 07:50 — Japan | PPI Data [Producer inflation may affect Japanese rate expectations and the yen]
  • Oct 13, 08:30 — Australia | Reserve Bank of Australia | Meeting Minutes [Policy path may affect AUD rate differentials and capital allocation]
  • Oct 13, 11:00 — United Kingdom | Bank of England | Greene Speech [Rate stance may affect sterling and risk asset capital flows]
  • Oct 13, 14:00 — Germany | Final Inflation Data [Inflation changes may affect ECB rate expectations and euro pricing]
  • Oct 13, 15:15 — European Union | ECB | Elderson Speech [Policy signals may affect euro rate expectations and market liquidity]
  • Oct 13, 15:45 — United States | Federal Reserve | Waller Speech [Policy guidance may affect Treasury yields and dollar-denominated risk assets]
  • Oct 13, 19:30 — Brazil | BCB Focus Market Survey [Inflation and rate expectations may affect the real and capital allocation]

Security Alert

Recently, users should continue to be alert to scams involving impersonation of law-enforcement officials and fraudulent requests to transfer funds. FBI Newark has warned that scammers may pose as FBI, DEA, or Secret Service personnel, use the names of real officials, spoof government phone numbers, and even use video calls with backgrounds designed to resemble law-enforcement offices to appear more credible before asking victims to move funds. The FBI has emphasized that legitimate federal law-enforcement officers will not ask members of the public to wire money or transfer cryptocurrency. If contacted in this way, users should independently look up official agency contact information to verify the caller’s identity, avoid using contact details supplied by the other party, and never transfer assets to unfamiliar wallets. Suspicious communications and transaction records should be preserved and reported through official channels.

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.
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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 10, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • Thailand to allow Bitcoin and Ethereum ETF trading
  • B3 plans to launch a securities tokenization platform in 2027
  • XRP Ledger activates institutional permission delegation
  • Over 1.9 million tokens launched across four major chains in September
  • Base says tokenized stocks will lead the tokenization supercycle

Industry Updates

StarkWare Verifies Quantum-Safe Bitcoin Locking Scheme on Mainnet Without a Soft Fork, but It Is Not Yet Suitable for Large-Scale Use

According to Odaily Planet Daily, StarkWare researchers have verified a quantum-safe Bitcoin locking mechanism known as QSB on the Bitcoin mainnet without requiring a soft fork, new opcodes, or changes to consensus rules. The first related output was spent on August 26, 2026, in Bitcoin block 964,199, while the required GPU computation cost has fallen from about $320 to around $50. However, the scheme still requires substantial computation, and moving assets into it still relies on conventional transactions that may face quantum-related risks. It also lacks supporting wallets, address formats, and recovery procedures, so it currently remains an emergency research solution.

Unichain to Migrate to OP Enterprise, With Testnet Migration Set for October 13

According to Odaily Planet Daily, Unichain announced that it will migrate to OP Enterprise in preparation for native interoperability across OP Stack chains. Once the interoperability feature goes live, users will be able to move assets between OP Stack networks without relying on conventional cross-chain bridges, with ETH expected to be supported first. The Unichain testnet is scheduled to migrate on October 13, while the mainnet migration is planned for late October. The transition is expected to strengthen native interoperability within the OP Stack ecosystem and reduce additional bridging steps for users moving assets across chains.

Evernorth Completes SPAC Merger With Armada Acquisition Corp. II

According to Odaily Planet Daily, Ripple-backed XRP treasury company Evernorth has completed its business combination with SPAC Armada Acquisition Corp. II, bringing approximately 473 million XRP and $300 million in cash proceeds into the public market. An 8-K filing submitted by Evernorth to the U.S. SEC shows that the transaction closed on October 9, U.S. Eastern Time. The company is expected to begin trading on Nasdaq next Monday under the ticker XRPN. The transaction further connects the XRP treasury model with public capital markets, creating an additional route for institutions to gain XRP-related exposure through a listed company.

Robinhood Chain Evaluates Arbitrum’s Updated Paid Transaction Ordering Technology

According to CoinDesk, Robinhood Chain is evaluating an improved paid transaction ordering mechanism developed by Arbitrum. The technology allows transactions that pay additional fees to receive priority in ordering. Robinhood Chain currently uses a first-come, first-served transaction ordering model and has not adopted Arbitrum’s earlier Time Boost version. If implemented, the new mechanism could change how on-chain orders are executed and prioritized, potentially affecting high-frequency trading, arbitrage, and MEV-related strategies. The technology remains under evaluation, and no implementation timeline has been announced.

TruGolf Holdings Completes Acquisition of Polymath Research, Expanding Into Institutional Asset Tokenization

According to Odaily Planet Daily, Nasdaq-listed TruGolf Holdings has completed its acquisition of Canadian asset tokenization company Polymath Research Inc., which will operate as a wholly owned subsidiary. Polymath develops Polymesh, a Layer 1 blockchain designed for regulated assets. As of December 31, 2025, the company had issued more than $132 million worth of tokenized assets for over 65 active issuers and had more than 50 ecosystem partners. The two companies also plan to launch equipment-lease tokenization and fractional franchise ownership projects in the first quarter of 2027.

Blockchain.com Seeks U.S. Approval for Prediction Markets and Crypto Derivatives Trading

According to CNBC, Blockchain.com has applied to the U.S. Commodity Futures Trading Commission for Designated Contract Market and Futures Commission Merchant licenses, seeking to offer event contracts and crypto derivatives to U.S. users. Blockchain.com already provides prediction-market access to some international users through Polymarket and supports perpetual contracts through Hyperliquid. As prediction markets gain momentum, companies including Crypto.com, Gemini, and Coinbase are also expanding into related businesses, signaling broader competition among crypto platforms to add derivatives and event-based trading services.

Network School Raises New Funding at a $2 Billion Valuation, Led by Polychain Capital

According to Odaily Planet Daily, Network School has completed a new funding round led by Polychain Capital, with participation from Andreessen Horowitz (a16z), Coinbase, Balaji, and others. The size of the round was not disclosed, while the project was valued at $2 billion. Polychain Capital founder and CEO Olaf Carlson-Wee announced the financing at the Network State conference. The round shows continued interest from crypto-native investors in long-term experiments involving network states, community infrastructure, and emerging forms of digitally coordinated organizations.

South Korea Proposes Reporting for Crypto Payments Above $50,000, Exchanges to Retain External Wallet Addresses for Six Years

According to Edaily, South Korea’s Ministry of Economy and Finance has issued an administrative notice on amendments related to the Crypto-Asset Reporting Framework, proposing that domestic crypto asset service providers retain external personal wallet and overseas wallet addresses for six years. For purchases of goods or services using crypto assets, transactions of $50,000 or more would require both the paying customer and the receiving merchant to be included in reporting. The proposed changes are designed to align with the OECD’s CARF framework, which is set to take effect on January 1, 2027. South Korea has also identified 55 participating jurisdictions for cross-border crypto tax information exchange.

MEXC Market Heatmap

Data Note: Based on real-time MEXC market data recorded before 09:30 (UTC+8). Figures may subsequently change with market fluctuations.

Top 24H Gainers: KRAFT/USDT (+40.14%), GTT/USDT (+31.00%), MAGIC/USDT (+30.85%)
Top 24H Trading Volume: BTC/USDT (281.527M), ETH/USDT (175.563M), USDC/USDT (106.501M)
Trending Meme Tokens: INU/USDT, PRIORS/USDT, NEARLY/USDT

On-Chain Calendar

High-Risk Token Unlocks

  • Movement/USDT [10-09 22:39] Unlock: $1.51m USDT, 3.66% of circulating supply, short-term sell pressure: High
  • Delysium/USDT [10-10 16:20] Unlock: $212,201 USDT, 1.32% of circulating supply, short-term sell pressure: Medium
  • Magic Eden/USDT [10-10 22:39] Unlock: $494,224 USDT, 1.12% of circulating supply, short-term sell pressure: Medium
  • Aptos/USDT [10-12 07:14] Unlock: $8.43m USDT, 1.3% of circulating supply, short-term sell pressure: Medium
  • Pump/USDT [10-12 10:16] Unlock: $42.16m USDT, 1.48% of circulating supply, short-term sell pressure: Medium

Key Macro Events

  • Oct 10, 00:00 — Russia | Inflation Data [Inflation changes may affect local rate expectations and ruble capital flows]
  • Oct 10, 04:00 — United States | Federal Reserve | Collins Speech [Policy signals may affect Treasury yields and dollar-denominated risk asset pricing]

Security Alert

Recently, users should remain alert to “rug pull” schemes involving hidden token allocations, misleading liquidity promises, and concentrated token selling by project teams. The U.S. Department of Justice disclosed on October 7 that the creator of Kishu Inu had been indicted, with prosecutors alleging that material misrepresentations were made to investors while large amounts of tokens reserved at the project’s creation were secretly sold, allegedly causing approximately $9 million in losses. Before participating in newly issued tokens, users should carefully review team holdings, token allocation, liquidity-lock arrangements, and movements by large addresses rather than relying solely on rising market capitalization or social media promotion. If team-controlled addresses repeatedly transfer tokens to exchanges, liquidity is suddenly withdrawn, or contract permissions remain highly concentrated, users should consider reducing their risk exposure.

MEXC Chain Observation Daily, updated daily, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.
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Risk Warning: The content of this article is for reference only and does not constitute any investment advice. The cryptocurrency market is volatile, please make a cautious decision based on your own situation.



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