According to a chart released today by Matrixport, Odaily Planet Daily reports that the GENIUS Act is expected to prohibit stablecoin providers from paying interest or returns to holders. Funds may therefore shift to yield-generating alternatives such as tokenized money market funds. USDC has seen net redemptions of approximately $6.5 billion over the past six weeks, leading to a contraction in stablecoin liquidity and weakening short-term purchasing power in the crypto market. Simultaneously, funds are flowing out of stablecoins and into traditional safe-haven assets such as gold and silver, further shrinking the stablecoin supply. Correspondingly, Circle is shifting its focus from "market capitalization" to "trading activity" and is promoting the real-world use and payment of stablecoins through initiatives such as the Circle Payment Network and partnerships with companies like Intuit.

Huoxun Finance News, January 28th - BybitAlpha and Byreal now support trading the on-chain token $COPPERINU. $COPPERINU is a token that combines the concept of copper, an industrial metal, with a classic dog meme style. Users can quickly trade simply by logging into BybitAlpha, without needing a separate wallet, and track the market prices of popular tokens in real time. Byreal is a DEX (decentralized exchange) built on Solana, achieving stable trade execution and an efficient liquidity market-making experience through granular liquidity distribution and a fast on-chain confirmation mechanism.

According to Huoxun Finance on January 28th, Ethereum co-founder Vitalik Buterin stated in an interview with Forsight News that the biggest risk for ETH is not technical, but rather the "meaningless prosperity" at the application layer. This means that while the network may be running stably, if the thousands of applications built on it lack genuine social significance and merely function as "toys or casinos," it will become the biggest risk to the Ethereum ecosystem. He most hopes that developers will focus on three types of applications: first, decentralized social networks (DeSoc), aiming to solve the problem of users being locked into platforms and lacking freedom of migration, building truly user-owned and transferable social networks; second, "smarter" DAOs, which need to go beyond simple token issuance and voting, deeply designing governance structures that match organizational goals, and promoting more diverse experiments; and third, more decentralized stablecoins to enrich the ecosystem's financial infrastructure.

According to an official announcement, BitMart will list USAT on January 28th at 13:00 (UTC+8), and the USAT/USDT trading pair will be available. USAT is a federally regulated stablecoin issued by Tether in partnership with Anchorage Digital Bank NA and is applicable to GENIUS ACT.

Odaily Planet Daily reports that Binance Alpha will list Moonbirds (BIRB) on January 28th. Eligible users can claim an airdrop using Binance Alpha Points on the Alpha event page after trading opens on Alpha. Further details will be announced separately.