News

On May 13, 2026, 02:24 AM(UTC). According to Binance Market Data, BNB has crossed the 680 USDT benchmark and is now trading at 680.5 USDT, with a narrowed 2.55% increase in 24 hours.

JPMorgan is reportedly developing a tokenized money market fund based on Ethereum. According to NS3.AI, Kinexys Digital Assets will manage the fund, which will include U.S. Treasury bonds and ultra-short-term repurchase agreements. The fund is intended to serve as collateral for stablecoin reserves under the GENIUS Act.

The U.S. Consumer Price Index (CPI) for April, adjusted for seasonal variations, decreased to 0.6%, marking the lowest level since February this year. According to Jin10, this figure aligns with market expectations.

PANews posted on X (formerly Twitter). Nvidia CEO Jensen Huang has joined U.S. President Donald Trump's delegation to China, boarding Air Force One during a stopover in Alaska, according to reports from White House journalist Emily Goodin and Bloomberg. Tesla CEO Elon Musk is also part of the delegation. Previously, foreign media reported that Huang would not be part of the trip, indicating a recent change in the itinerary.

Uniswap's official developer account has announced the introduction of a payment flow feature in its API. According to Foresight News, developers can now add recipient address parameters in quote requests, allowing swap outputs to be sent directly to any specified address. This feature is designed for applications such as checkout, payment, and cross-asset transfers.

Pyth Network is set to unlock approximately 2.12 billion tokens on May 20 at 14:00 UTC+8. According to ChainCatcher, this token release is valued at around $118 million. The event is part of the network's ongoing token distribution plan.

Sei Labs announced that Sei Network has officially disabled the IBC asset transfer function following a community proposal. According to Foresight News, users holding IBC assets on the Sei Network are advised to transfer their assets cross-chain promptly, as the network plans to further disable IBC asset withdrawal in the future. Sei Labs noted that the Sei v6.4 upgrade in April included a mechanism to disable IBC asset transfers. Wallets holding these assets have previously received airdrop notifications, urging users to complete bridging or exchange operations before Sei fully transitions to an EVM-only architecture. This move indicates Sei's gradual shift away from the original Cosmos IBC ecosystem compatibility towards an EVM chain focus.

Monad has announced its integration with the card issuance infrastructure Rain. According to Foresight News, this collaboration allows users to utilize payment cards developed by Rain's partners to spend stablecoins through Monad. Teams such as Rhythmic and Avici are leveraging Monad's infrastructure alongside Rain's card issuance stack to develop a new category of real-world payment applications.

The Japan Blockchain Foundation, responsible for the operation and management of Japan Open Chain (JOC), has announced plans to issue a yen-backed stablecoin, EJPY, on both the JOC and Ethereum blockchains. According to Foresight News, the initial focus will be on the issuance and circulation of EJPY on the JOC platform. The foundation aims to develop use cases driven by actual demand, such as B2B payments, digital asset settlements, and cross-border transactions.

Charles Schwab has announced that its Schwab Crypto accounts are now being gradually opened to retail clients. According to PANews, starting today, the initial group of clients can trade Bitcoin and Ethereum alongside other investment products through Schwab.

Magic Eden has announced a $75 million investment commitment to the iGaming project Dicey. According to Foresight News, the funds will be allocated towards Dicey's fundraising, operations, and marketing efforts.

On May 13, Japan's 20-year government bond yield reached its highest level since 1997, driven by rising energy prices that have intensified inflation pressures. According to Jin10, the yield increased by 5 basis points to 3.495%, surpassing the previous peak of 3.46% recorded on January 20. The yields on 10-year and 30-year bonds also rose by at least 5 basis points, reaching 2.6% and 3.86%, respectively.

In January, concerns over Japanese Prime Minister Satuki Katayama's fiscal policies led to a significant sell-off in Japanese government bonds, which extended to the U.S. Treasury market. The 20-year Japanese bond, known for its relatively low liquidity and high volatility, played a crucial role in exacerbating market fluctuations during this downturn.

This development has caught the attention of U.S. Treasury Secretary Bessent, highlighting the risks of cross-market contagion.

Cosmos Hub and Cosmos Labs have confirmed that Injective USDC will serve as the primary stablecoin standard for the Cosmos ecosystem and dYdX. According to Foresight News, Injective has committed to providing long-term support for USDC over at least four years, ensuring necessary financial reserves for developers, institutions, and applications. The migration process is set to unfold gradually over the coming months, with dYdX leading the transition. Cosmos Labs is coordinating the migration efforts across other chains and applications within the ecosystem.

Skip Protocol's Skip:Go, which currently handles most cross-chain transfers within Cosmos, will adopt Injective USDC as its default USDC. Cosmos Labs plans to release migration tools for chains and applications transitioning from other USDC sources.

Earlier this year, Noble announced its departure from the Cosmos platform. Noble had been a long-standing native issuer of USDC for IBC, and its exit left Cosmos chains and applications without a long-term issuance source. Injective is stepping in to fill this gap, taking on an issuance volume exceeding $100 million.

Asian currencies remained stable as traders closely monitored the implications of the U.S. Consumer Price Index (CPI) data. Wall Street Journal (Markets) posted on X that the CPI figures are crucial for assessing inflation trends and potential impacts on global markets. The data could influence the U.S. Federal Reserve's monetary policy decisions, affecting currency valuations worldwide. Market participants are particularly attentive to any signs of inflationary pressure that might prompt the Fed to adjust interest rates. The stability of Asian currencies reflects a cautious approach by traders as they await further economic indicators.

U.S. inflation data has surpassed expectations, dampening hopes for a Federal Reserve rate cut this year and causing a broad retreat in risk assets. According to Odaily, following the data release, the market anticipates that the Federal Reserve will maintain interest rates between 3.50% and 3.75% at its June 17 meeting, potentially keeping them unchanged through the end of the year.
The data's impact led to a short-term decline in Bitcoin, trading around $80,700 to $80,814, with a 24-hour drop of approximately 1.2%. U.S. stock futures also weakened, and the yield on the 10-year U.S. Treasury rose to 4.44%. In commodities, WTI crude oil increased by about 3%, reaching $101, further intensifying concerns over persistent inflation.
Analysts note that with inflation exceeding expectations and energy prices strengthening, market risk appetite is suppressed in the short term, putting pressure on the repricing of both crypto assets and equity markets.

Startale CEO and Astar Network co-founder Sota Watanabe announced on the X platform that the first yen-backed stablecoin, JPYStableCoin, will be officially launched in the coming months. According to Foresight News, Watanabe stated that the stablecoin aims to leverage the yen to invest in rapidly growing assets, such as U.S. stocks, and will operate entirely on-chain.

Michael Saylor highlighted Bitcoin's 30–40% volatility as a strategic advantage for Strategy, allowing the company to differentiate between MSTR equity upside and STRC credit-like yield. According to NS3.AI, during the Consensus 2026 event in Miami, Saylor explained that STRC absorbs the initial 11% of Bitcoin's volatility, with the remaining fluctuations impacting MSTR equity.

Witnesses have reported that Jensen Huang, the founder of NVIDIA, was seen boarding Air Force One en route to China. According to NS3.AI, this development has sparked speculation about potential discussions or collaborations involving NVIDIA in the region. The sighting has not been officially confirmed, and further details about the purpose of the trip remain undisclosed. Observers are keenly watching for any announcements or outcomes that may arise from this visit.

Base Protocol's head, Jesse Pollak, announced on the X platform that x402 now supports batch settlement. According to Odaily, this feature enables a large volume of microtransactions, specifically those under $0.0001, and is suitable for payment scenarios involving immediate resources like computing and reasoning.

According to CoinDesk, the Depository Trust & Clearing Corporation (DTCC) will integrate Chainlink's Runtime Environment and data standard into its blockchain-based Collateral AppChain — a Besu-based platform enabling tokenized, 24/7 real-time collateral management across traditional and blockchain markets. Chainlink will handle pricing, valuation, margining, eligibility checks and settlement orchestration. The integration extends a 2024 Smart NAV pilot involving JPMorgan, BNY Mellon and Franklin Templeton. DTCC's subsidiaries processed $4.7 quadrillion in securities transactions in 2025 and custody assets valued at $114 trillion.

President Donald Trump emphasized that preventing Iran from acquiring a nuclear weapon is his top priority, dismissing concerns about the financial strain on Americans as inflation reached a three-year high. According to BeInCrypto, the Consumer Price Index rose to 3.8% year-over-year in April, surpassing Wall Street's 3.7% estimate. Energy costs, particularly gasoline, were significant contributors to the increase. Despite the economic pressure, Trump stated that his focus remains solely on Iran's nuclear capabilities, asserting that ending the war would eventually lower oil prices and boost the stock market.

On May 13, Hong Kong stocks saw an uptick at midday, with the Hang Seng Index rising by 0.26% and the Hang Seng Tech Index increasing by 0.52%. According to Jin10, the total market turnover for the Hang Seng Index reached HKD 140.237 billion. In terms of sector performance, storage concept stocks, wind power shares, and power equipment stocks led the gains, while film, automotive, and pharmaceutical stocks were among the top decliners. Notably, China Datang Corporation Renewable Power Co., Ltd. (01798.HK) surged over 8%, JD.com (09618.HK) rose more than 7% following its earnings report, and JD Logistics (02618.HK), Montage Technology Co., Ltd. (06809.HK), and Dongfang Electric Corporation Limited (01072.HK) each climbed by 6%. On the downside, Lehua Entertainment (02306.HK) fell over 9%, Geely Automobile Holdings Limited (00175.HK) dropped more than 5%, and Semiconductor Manufacturing International Corporation (00981.HK) decreased by over 2%.

Thailand's central bank has announced that it is not in a hurry to raise interest rates. According to Jin10, the bank's decision comes amid ongoing assessments of the country's economic conditions and inflationary pressures. The central bank aims to balance economic growth with price stability, ensuring that any future rate adjustments are carefully considered. This approach reflects a cautious stance in response to global economic uncertainties and domestic financial dynamics.

Digital Asset Clearing Center (DACC.HK), a tokenized financial market infrastructure, has announced the completion of a $10 million strategic funding round. According to Foresight News, the investment was supported by Conflux, Global InfoTech, Fosun International, Blockstone, Avior Capital, Fintech World, Satoshi Ventures, and BridgeTower.

Headquartered in Hong Kong, DACC.HK provides financial institutions with 'Clearing-as-a-Service.' The new funding will aid in developing compliant financial settlement and clearing infrastructure, integrating digital and tokenized assets into mainstream capital markets.

Aave announced on Platform X that the first phase of the rsETH recovery plan has been completed. According to Odaily, this includes the destruction of the attacker's rsETH on Arbitrum. In the coming days, funds for the LayerZero OFT adapter will be gradually replenished, and rsETH-related operations will be restored.

Pendle, a yield trading protocol, has announced the official launch of srRoyAPYUSD, supported by Royco Protocol, with a maturity date in November 2026. According to Foresight News, this introduction brings protected fixed income exposure of STRC tokens to Pendle's yield trading layer.

Royco has divided apyUSD into two tranches: Senior and Junior. The srRoyAPYUSD serves as the Senior capital, enjoying protected returns and only bearing losses after the Junior capital is exhausted. In the event of a drawdown in apyUSD, the system will initiate a 30-day observation period, suspending withdrawals from Senior accounts and redirecting all returns to the Junior layer to absorb losses first.

Trade teams from China and the United States commenced discussions at Incheon International Airport in Seoul, South Korea, on May 13, according to Odaily.

Indian gold exchange-traded funds (ETFs) have shown significant growth, with increases ranging from 5.5% to 6.2%. According to Jin10, this upward trend reflects a strengthening in the gold market within India, as investors continue to show interest in gold as a stable investment option. The rise in gold ETFs indicates a positive sentiment among investors, contributing to the overall performance of the precious metals sector in the region.

The number of XRP Ledger wallets holding at least 10,000 XRP has reached an all-time high of 332,230, according to NS3.AI. This figure has been steadily increasing since June 2024, indicating growing interest and investment in XRP.

Ethereum (ETH) has surpassed the 2300 USDT mark, according to Odaily. The current price is 2300.36 USDT, with the 24-hour decline narrowing to 0.56%.

Members of the U.S. Senate Banking Committee have put forward more than 100 amendments to a proposed cryptocurrency market structure bill. According to NS3.AI, the amendments, revealed in a leaked list obtained by POLITICO, address key areas such as stablecoin yield, protection for software developers, and ethics provisions. The primary goal of the bill is to provide clarity on regulatory jurisdiction over cryptocurrencies.

On May 13, 2026, 03:41 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,300 USDT benchmark and is now trading at 2,300.560059 USDT, with a narrowed narrowed 0.52% decrease in 24 hours.

Indonesia's financial regulatory authority has stated that the recent downturn in the stock market is an anticipated outcome given the current market conditions. According to Jin10, the regulator emphasized that the market's performance aligns with broader economic trends and investor sentiment. The statement comes amid ongoing volatility in global financial markets, which has impacted various sectors. The regulator's comments suggest a cautious outlook for investors as they navigate these challenging times.

South Korean stocks experienced a decline of over 3% at the market opening. According to NS3.AI, this drop is part of a broader set of market and cryptocurrency developments. In other news, U.S. President Donald Trump is contemplating the resumption of military actions against Iran. Additionally, Base has introduced batch settlement support for x402, and Aave has successfully completed the first phase of its rsETH recovery plan.

Citic Securities reported on May 13 that U.S. inflation in April continued to run hot, with the spillover effects of the Middle East conflict persisting. According to Jin10, the compensatory rise in rental inflation has pushed up core readings. High inflation continues to erode the real purchasing power of American households, with low-income families facing stronger cost shocks. Real hourly wages have returned to negative growth year-on-year for the first time in three years. Citic Securities believes that the risk of a second inflation wave in the U.S. is minimal, but high oil prices will limit the potential for inflation rates to fall within the year. The baseline scenario still anticipates a 25 basis point rate cut by the Federal Reserve this year. U.S. Treasury bonds are currently more suitable for trading opportunities, while U.S. stocks, nearing the end of a strong earnings season, should be watched for short-term profit-taking risks. The U.S. dollar index may experience weak fluctuations below 100 but is not expected to decline continuously.

According to NS3.AI, Whale Alert has reported the minting of 250 million USDC tokens. This significant issuance of the stablecoin could have implications for the cryptocurrency market, potentially affecting liquidity and market dynamics. The minting of such a large amount of USDC may indicate increased demand or strategic positioning by large investors or institutions. Market participants will be closely monitoring the impact of this development on trading volumes and price stability.

Kaito (KAITO) is set to unlock approximately 12.11 million tokens on May 20 at 12:00 PM UTC+8. According to ChainCatcher, this token release is valued at around $5.55 million. The data was provided by Web3 asset data platform RootData.

South Korea's national think tank, the Korea Development Institute (KDI), has revised its forecasts for the country's economic growth and inflation in 2026. According to Jin10, the KDI has adjusted its projections upward, reflecting a more optimistic outlook for South Korea's economic performance and price levels in the coming year. The updated forecasts indicate a stronger economic environment, although specific figures were not disclosed in the report.

At 10:56 AM UTC+8, the USDC Treasury minted 250 million USDC on the Solana blockchain, according to ChainCatcher.