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According to a report by Jinse Finance, Bank of America predicts that despite market expectations for rate cuts, the U.S. economy will avoid a recession in 2025 and the Federal Reserve will not cut rates this year. The bank points out that robust consumer spending and rising goods inflation indicate continued economic resilience, and notes that June retail sales data exceeded expectations. Bank of America warns that politically motivated rate cuts could undermine the stability of inflation expectations and increase credit risk. Looking ahead, the bank expects a slight increase in unemployment claims, stable housing data, and a possible 11% decline in durable goods orders to be released on Friday.

Foresight News reports, citing Securities Times, that according to sources at XG Green Hydrogen, a subsidiary of Sichuan Golden Summit, the company is leveraging dynamic asset on-chain technology to explore converting its three core products into divisible and tradable RWA (Real World Asset) targets. These products include mobile storage and charging robots, skid-mounted integrated hydrogen production and refueling stations, and hydrogen power plants. Specifically, for the Tianhydro No.1 TGHD01, power generation is confirmed on-chain, and electricity revenue is automatically settled in stablecoins, enabling real-time conversion of "green electricity into income." Reportedly, XG Green Hydrogen is advancing three major strategic upgrades: over the next five years, it plans to connect 100,000 sets of equipment to the RWA system, with an estimated securitizable asset scale of several billion yuan; it is co-founding the "Hydrogen Energy Industry RWA Alliance" with companies such as Bosch Hydrogen Power, Junrui Green Hydrogen, Sinopec, and PowerChina to establish cross-border hydrogen energy carbon credit trading channels; and, together with partners, it is launching the standardized contract "Green Hydrogen Yield Pass," applying to local financial regulatory authorities for the first batch of pilot projects.