Bridgers

**SoSoValue introduces major infrastructure:** - **ValueChain (L1)** and **SoDEX** (decentralized exchange) launched - Claims **100,000 TPS** via multi-validator decentralized matching - Uses **EVM-compatible subchains** for scalable trading - **$SOSO token** serves as utility + governance asset **Strong crypto ETF debuts:** - **BSOL ETF** recorded $57M first-day volume - top ETF launch of 2025 - Canary HBAR ETF: $8.5M | LTC ETF: $1.38M - Shows sustained institutional demand **Truth Social partners with Crypto.com:** - Launching **prediction markets** via Crypto.com - Users earn **Truth Gems** convertible to CRO tokens - Trump Media holds ~700M CRO tokens **Securitize eyes public listing:** - Merging with Cantor Fitzgerald-backed SPAC - **$1.25B valuation**, aiming to raise $469M - Plans to **tokenize its own stock** post-merger - Backed by ARK Invest, BlackRock, Blockchain Capital

**Bridgers launches unified cross-chain solution** No more jumping between multiple bridge platforms to move tokens across chains. The new dApp promises **one-tap routing** for cross-chain transactions. **Key features:** - Single interface for all bridge routes - Automated best path selection - User authorization with platform routing The solution aims to simplify the current fragmented bridge landscape where users typically navigate 3+ platforms for token transfers. [Try Bridgers dApp](http://dapp.bridgers.xyz)

SWFT Blockchain has launched a lending service that allows users to borrow against their crypto holdings without selling. **Key Features:** - Borrow up to **200,000 USDT** using BTC or USDT as collateral - **1-second approval** process for instant liquidity - Flexible repayment terms with competitive interest rates - No need to liquidate existing crypto positions The service targets users who need immediate funds but want to maintain their crypto exposure. SWFT's lending platform integrates with their existing cross-chain infrastructure. Users can access the lending feature through the SWFT Blockchain app at [swft.pro](http://swft.pro/#Download).

**Tether has reached a significant milestone**, now holding **$135 billion in U.S. Treasuries** and surpassing South Korea to become the **17th largest holder of U.S. debt globally**. The stablecoin issuer is rapidly approaching Brazil's position and sits just behind Norway in the rankings. This represents substantial growth from earlier this year when Tether held $127 billion. **Global context:** - Japan remains the top holder with $1.1 trillion - UK and China follow in second and third positions - Tether's position demonstrates the growing influence of crypto companies in traditional financial markets This development comes as Tether continues expanding its operations, with over 500 million USDT users worldwide and plans to launch a new U.S. dollar stablecoin called USAT before year-end.

**Major Banking Milestone** DBS Bank and Goldman Sachs successfully executed their first interbank over-the-counter cryptocurrency options transaction, marking a significant step in institutional crypto adoption. **Key Implications:** - First-of-its-kind trade between major traditional banks - Signals growing institutional acceptance of crypto derivatives - Could accelerate integration between traditional finance and digital assets **Market Impact** This development demonstrates how established financial institutions are expanding their crypto services beyond basic custody and trading to more sophisticated derivative products. The transaction represents a **bridge between traditional banking** and the evolving cryptocurrency ecosystem, potentially paving the way for more institutional participation in crypto markets.

Hong Kong's central bank released its **Digital HKD Pilot Phase 2 Report**, showing promising results for both tokenized deposits and e-HKD implementation. Key findings include: - **Enhanced efficiency** and flexibility in financial operations - **Lower operational costs** for participating institutions - Strong potential for wholesale and cross-border applications The Hong Kong Monetary Authority (HKMA) is now shifting focus toward: - Wholesale banking use cases - Cross-border payment solutions - Full system readiness by **mid-2026** This builds on Hong Kong's recent launch of a Supervisory Incubator for distributed ledger technology, helping banks safely adopt blockchain solutions starting with tokenized deposits. The pilot results demonstrate Hong Kong's commitment to becoming a **digital finance hub** while maintaining regulatory oversight and financial stability.

**SWFT Blockchain has reduced trading fees by 50%** for users paying with their native $SWFTC token. **Key Details:** - Fees dropped from 0.1% to **0.05%** when using $SWFTC - Platform supports **400+ cryptocurrencies** across multiple blockchains - Enables seamless cross-chain swaps through their mobile app **Platform Features:** - One-click cross-chain transactions - No registration required - direct wallet connection - Multi-blockchain compatibility The fee reduction makes SWFT more competitive in the cross-chain swap market, offering users significant savings on transaction costs. [Download the app](http://swft.pro/#Download) to access the reduced fees.

The People's Bank of China announced significant milestones for its **digital yuan CBDC program**: - **14.2 trillion yuan** in total transaction volume - **3.32 billion transactions** completed to date - **225 million personal wallets** opened through the official app This represents major adoption growth for China's central bank digital currency initiative. The country continues expanding its CBDC infrastructure, building on previous developments like the Shanghai digital yuan hub launched in September. China's digital yuan progress demonstrates the nation's commitment to **modernizing its monetary system** and reducing dependence on traditional payment rails.

**President Trump has officially pardoned Binance founder Changpeng Zhao (CZ)**, according to The Wall Street Journal and White House confirmation. The White House stated that Trump **ended the Biden-era war on crypto**, characterizing CZ's legal case as political persecution rather than legitimate enforcement. This pardon represents a significant shift in the U.S. government's approach to cryptocurrency regulation and enforcement. CZ had faced legal challenges under the previous administration's stricter crypto policies. The move signals Trump's **pro-crypto stance** and suggests a more favorable regulatory environment for digital assets moving forward.

**Bitcoin faces seasonal headwinds** as September historically brings -3.77% average drops since 2013. Analysts predict 75% chance of decline to $105K, though institutional adoption may provide support. **Eric Trump bullish at Bitcoin Asia 2025** - projected BTC could reach $1M, citing accumulation by nations and Fortune 500s despite recent 13% drop from peak. **Pump.fun rebounds amid legal troubles** - conducted $62.6M buybacks (16.5B tokens) with daily buybacks of $1.3M-$2.3M, fueling 40% price recovery. Now faces $5.5B class-action lawsuit over alleged unlicensed casino activity. **Tron slashes fees by 60%** following community vote. Justin Sun expects short-term revenue loss but stronger adoption. Network holds $82B+ stablecoins (30% of global total).