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There are truly no creative bottlenecks in the financialization of Web3.
DiDi has successfully transformed into a digital banking giant in Latin America by addressing the lack of local financial infrastructure, building an independent payment and credit system, and achieving a leap from a ride-hailing platform to a financial powerhouse. Summary generated by Mars AI. This summary was produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.
The Federal Reserve cut interest rates by 25 basis points, but the market interpreted the move as hawkish. Bitcoin is constrained by a structurally fragile range, making it difficult for the price to break through $100,000. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
The Federal Reserve cut interest rates by 25 basis points with a 9-3 vote. Two members supported keeping rates unchanged, while one supported a 50 basis point cut. In addition, the Federal Reserve has restarted bond purchases and will buy $40 billion in Treasury bills within 30 days to maintain adequate reserve supply.
The launch of HyENA further expands the USDe ecosystem and brings institutional-grade margin efficiency to the on-chain perpetuals market.
- 01:02Institutions Evaluate FOMC Decision: Mildly DovishBlockBeats News, on December 11, Informa Global Markets commented on the FOMC decision, stating that the result was moderately dovish, as only two voting members opposed rate cuts and supported keeping rates unchanged. Wall Street was already prepared for a tougher stance from the inflation hawks. However, when it came time to vote, the hawkish members gave in. (Golden Ten Data)
- 01:02Spot silver continues to hit record highsBlockBeats News, on December 11, spot silver surged by $1 during the day, setting a new all-time high at $61.73 per ounce, with a daily increase of 1.66%. (Golden Ten Data)
- 01:01Figure plans to introduce the tokenized stablecoin YLDS to SolanaBlockBeats News, December 11, according to businessinsider, Figure Technology's subsidiary Figure Certificate Company (FCC) plans to natively mint YLDS—a registered public debt security—on the Solana blockchain. It is reported that YLDS is a securitized stablecoin designed to maintain a fixed US dollar price and provide continuous yield through US Treasury bonds and Treasury repurchase agreements. The decentralized finance yield exchange platform Exponent Finance on Solana plans to become the first user of YLDS.