Stablecoins can drain from banks and nations at lightning speed
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ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
The ECB and EU central banks want to replace MiCA’s stablecoin bank-deposit requirements with liquidity thresholds, warning that sudden withdrawals could strain lenders.
Vitalik, founder of Liquid, identified the anonymous documents by analyzing the habits of the mathematical and algorithmic explanations.
According to Foresight News , Vitalik Buterin tweeted that Liquid founder Franklyn Wang successfully identified his anonymized experimental document. In 2024, Vitalik wrote content in Chinese, then translated it into English using a local Qwen2.5 model, and finally manually corrected the translation issues to test whether it could effectively hide his personal writing style. Franklyn Wang successfully identified the anonymous document as originating from Vitalik by analyzing the unique habits in the mathematical and algorithmic explanations (such as specific numerical examples and attack scenario descriptions). According to a previous Foresight News report, Vitalik Buterin tweeted that his anonymity experiment had been going on for "13 days" and "no one has found it yet." He added that he encouraged people to "broaden their search scope slightly," noting that he had seen many search behaviors and AI scripts miss document categories that should have been included.
Banks Have Minutes, Not Weeks, to Fix Flaws as AI Speeds Up Attacks: BIS
The Bank for International Settlements says routine patching schedules are increasingly inadequate and cites guidance urging banks to accept planned downtime for urgent fixes.
Stablecoins Won't Scale Without Banks
With a growing number of institutions exploring stablecoins, the bottleneck is regulated infrastructure they can trust.
PhotonPay launches on PhotonPass: Turning "clearing speed" into a "strategic advantage" and creating a closed-loop full-stack financial operating system.
According to ChainCatcher, PhotonPay, the next-generation global payment operating system, recently announced the launch of its account-to-account (A2A) transfer function – PhotonPass – designed to inject ultra-fast liquidity into the global business network. PhotonPass supports instant internal transfers between more than 19 major fiat currencies and core stablecoins such as USDT and USDC. This function eliminates the constraints of traditional correspondent banking networks, achieving "instantaneous fund transfers," while reducing intermediary bank fees, eliminating settlement queues, and unnecessary exchange rate risks. Simultaneously, relying on an AI-driven risk control engine, each transfer supports real-time tracking and automated compliance verification, ensuring the safety of funds. The strategic significance of PhotonPass extends far beyond simple transfer speed; it serves as the architectural anchor of PhotonPay's entire "payment operating system." By seamlessly connecting core modules such as Global Checkout, Custody Wallets, and Automated FX, PhotonPass transforms previously fragmented financial touchpoints into a single, programmable flow of funds. This allows global businesses to manage their global finances with high flexibility and composability, much like orchestrating front-end software code. Lewison, founder and CEO of PhotonPay, stated, “The competitive landscape of global commerce no longer depends solely on strategy itself, but also on the infrastructure for executing that strategy. PhotonPass completes a closed loop within the PhotonPay operating system, bringing us one step closer to our initial vision: building a financial infrastructure that truly keeps pace with modern commerce and covers all global markets.” PhotonPass is now fully available to PhotonPay users.
Trump: Treasury accepts stock donations to fund Trump's accounts
According to Odaily Odaily, US President Trump stated that the US Treasury will now accept charitable donations in the form of shares in highly liquid publicly traded companies to provide Trump Account funding to eligible American children. More than 6 million accounts had already applied for the Trump Account program before its official launch.