Updated: September 2, 2026, 09:30 (UTC+8) | Author: MEXC Headlines 21 international financial institutions plan to jointly launch a U.S. dollar stablecoin U.S. SEC proposes allowing blockchain-basedUpdated: September 2, 2026, 09:30 (UTC+8) | Author: MEXC Headlines 21 international financial institutions plan to jointly launch a U.S. dollar stablecoin U.S. SEC proposes allowing blockchain-based
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MEXC On-Chain Daily Report: 21 international financial institutions plan to jointly launch a U.S. dollar stablecoin

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Sep 2, 2026MEXC
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Updated: September 2, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • 21 international financial institutions plan to jointly launch a U.S. dollar stablecoin
  • U.S. SEC proposes allowing blockchain-based securities ownership records
  • G20 commits to creating a clear path for responsible digital asset innovation
  • Russia’s new digital asset law officially takes effect
  • HYPE monthly closing price reaches an all-time high

Industry Updates

Vietnam launches crypto asset pilot framework, with global tokenized asset market projected to exceed $14 trillion by 2030

According to Bitcoin.com News, the Vietnamese government issued a resolution in September 2025 launching a national crypto asset pilot framework. The framework requires crypto assets issued domestically to be backed by real-world assets, excluding securities and fiat currencies, and initially limits issuance to foreign investors. Boston Consulting Group estimates that the global real-world asset tokenization market could exceed $14 trillion by 2030. Vietnam’s State Securities Commission said five companies have passed preliminary assessments to establish exchanges, while final approval requires Level 4 information system security standards and approximately $383 million in registered capital. Related penalties for market violations took effect on September 1.

Ave completes Arbitrum ecosystem integration and adds support for trading Arbitrum-based assets

According to Odaily Planet Daily, Ave has completed its integration with the Arbitrum ecosystem and now supports trading of Arbitrum-based assets while also providing cross-chain functionality as part of a one-stop service. odysfun is currently one of the mainstream project launch platforms on Arbitrum, focusing on ecosystem project issuance and market launches while playing an active role in project distribution and community participation. The integration further expands the range of on-chain assets supported by Ave and provides users with a more direct gateway to trade emerging Arbitrum ecosystem assets and access cross-chain liquidity.

Monetary Authority of Singapore opens public consultation on stablecoin regulatory framework

According to Odaily Planet Daily, the Monetary Authority of Singapore has launched a public consultation on proposed legislative amendments to the Payment Services Act 2019, with the aim of establishing a more comprehensive stablecoin regulatory framework. The proposals incorporate developments in the stablecoin industry since 2023 and also address policy positions concerning stablecoins issued across multiple jurisdictions and recognition of offshore-issued stablecoins in Singapore. The rules could affect stablecoin issuance, cross-border circulation, and compliance access while further clarifying the role of stablecoins within Singapore’s payment system. The consultation closes on October 16.

Thailand SEC proposes allowing retail investors to access regulated overseas crypto derivatives

According to Cointelegraph, Thailand’s Securities and Exchange Commission has proposed allowing intermediaries to offer certain overseas digital asset derivatives to retail investors. Eligible products must be similar to crypto derivatives traded domestically in terms of underlying assets, expiry, leverage, and settlement methods. They must also trade on exchanges using central counterparty clearing and be supervised by designated international regulatory or trading organizations. Overseas crypto derivatives that do not meet the proposed criteria may remain restricted to institutional investors. The consultation runs through September 30, while the Thai SEC has not yet announced an implementation date for the amendments.

Securitize’s HINC goes live on Loopscale, allowing eligible investors to borrow USDG against fund shares

According to Odaily Planet Daily, Securitize’s HINC has launched on Loopscale, allowing eligible investors to pledge HINC shares and borrow USDG without redeeming their existing positions. HINC primarily holds high-yield corporate bonds and CLO tranches, with Neuberger Berman serving as sub-advisor and a minimum subscription threshold of $100,000. HINC’s net asset value is updated daily by RedStone and published on-chain, while Loopscale uses the data for pricing and liquidation triggers. Loopscale currently has $91.3 million in total value locked and $55.9 million in active loans, and previously supported ACRED and SECZ as collateral.

Firelight Protocol raises $8 million in funding led by Gumi Cryptos Capital

According to Odaily Planet Daily, DeFi protection protocol Firelight Protocol has raised $8 million in funding led by Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, and Tribe Capital. Firelight Protocol focuses on providing risk protection services for the DeFi market and was incubated by Sentora, a DeFi infrastructure provider managing $2.4 billion in assets. The funding will support product development and the protocol’s official launch. Under the current plan, Firelight Protocol is scheduled to go live in September, further expanding into DeFi risk management and on-chain asset protection.

Digital assets excluded as Ireland’s 2027 tax-advantaged savings account covers only stocks, bonds, and ETFs

According to Bitcoin News, Ireland is developing a tax-advantaged savings account scheduled to launch in 2027, but digital assets have been excluded after being classified as “highly complex and high risk.” Stocks, bonds, and ETFs will qualify for inclusion, following recommendations issued by the European Commission in 2025. Under the current framework, investors will be able to use the tax-advantaged account to hold eligible traditional financial assets and ETFs, while digital assets such as BTC will remain excluded. The approach reflects Ireland’s continued cautious risk classification of digital assets within retail investment incentive policies.

Kast launches stablecoin business platform after raising $80 million

According to Cointelegraph, stablecoin payments company Kast has launched KAST Business, a platform combining business accounts, payment cards, cross-border transfers, and yield-bearing stablecoin balances. Businesses can receive funds through fiat virtual accounts provided by regulated partners, deposit supported stablecoins and crypto assets, and make local payments in more than 20 currencies. The platform serves more than 170 countries and regions, although availability varies by jurisdiction. Kast raised $80 million in March at a $600 million valuation, with the funding allocated to product development, licensing, and expansion across North America, Latin America, and the Middle East.

Felix Pago raises $200 million in Series B funding with participation from a16z and Customer Value Fund

According to Odaily Planet Daily, Latin American stablecoin remittance network Felix Pago has completed a $200 million Series B financing round, including $87 million in equity financing and a $113 million credit facility. Andreessen Horowitz (a16z) participated in the equity financing, while General Catalyst’s Customer Value Fund provided the credit facility. Felix Pago primarily uses WhatsApp as its user-facing interface and relies on USDC and blockchain infrastructure for settlement. The network focuses on remittance corridors such as the U.S.-to-Mexico market, using stablecoin settlement to reduce cross-border transfer costs and shorten settlement times.

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: UPID/USDT (+215.54%), PBALL/USDT (+184.24%), OV/USDT (+38.60%)
Top 24H Trading Volume: BTC/USDT (527.697M), ETH/USDT (346.003M), USDC/USDT (102.230M)
Trending Meme Tokens: SPACEHOOD/USDT, MOO/USDT, AU/USDT
New Listing Announcement: CP/USDT, listing time: 2026-09-02 23:00:00 (UTC+8)

On-Chain Calendar

High-Risk Token Unlocks

  • MemeCore/USDT [09-02 10:48] unlocks 59.42m USDT, equivalent to 2.47% of circulating supply, short-term sell pressure: High
  • StakeStone/USDT [09-02 18:15] unlocks 862,739.57 USDT, equivalent to 9.47% of circulating supply, short-term sell pressure: High

Key Macro Events

  • Sep 2, 09:30 — Australia | Statistical Authority | GDP Chain Price Index QoQ [Price changes affect inflation assessment and Australian rate expectations]
  • Sep 2, 09:30 — Japan | BoJ Board Member Takada | Speech [Policy signals affect yen rate differentials and global capital flows]
  • Sep 2, 20:15 — United States | ADP | Private Employment Change [Employment changes affect rate-cut expectations and transmit to the dollar and risk assets]
  • Sep 2, 21:45 — Canada | Bank of Canada | Interest Rate Decision [Rate changes affect Canadian-dollar liquidity and global risk appetite]
  • Sep 2, 22:30 — Canada | Bank of Canada | Press Conference [Policy guidance affects rate expectations and cross-market capital allocation]

Security Alert

Recently, users should remain alert to wallet-approval phishing and scams impersonating well-known crypto institutions. Chainalysis has reported that attackers often use fake official websites, lookalike domains, fraudulent recruitment offers, and social media direct messages to gain victims’ trust before persuading them to connect wallets or sign malicious approvals. Its 2026 research also indicates that some approval-phishing operations have become increasingly professionalized and scalable. CertiK data shows that wallet compromises caused approximately $444.5 million in losses during the first half of 2026, while phishing attacks accounted for around $366.3 million. Users should verify websites and contacts through official channels, never provide seed phrases or private keys to anyone claiming to be customer support, carefully review contract details, spending limits, and recipient addresses before signing Approve or Permit requests, and keep large holdings separate from everyday interaction wallets.

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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