MCP (Model Context Protocol) is a "universal plug" launched by Anthropic, which allows AI to easily connect to external data and tools. Many public chains have developed their own MCP Servers, and a new track: MCP + Web3 is about to emerge.

Li Chunlin, deputy director of the National Development and Reform Commission, said at a press conference held by the State Council Information Office that in terms of strengthening technical support and guarantee, the National Development and Reform Commission has applied new technologies such as privacy computing to the sharing and application of credit information to reduce the risk of information leakage. At the same time, it will explore the use of blockchain technology to promote the "chaining" of key data and realize data encryption processing and process plasticity.

Metaplanet, a Japanese listed company, announced that it would spend 1.998 billion yen (about 13.34 million US dollars) to increase its holdings of 160 bitcoins, bringing its total bitcoin holdings to 4,206 BTC.

Bloomberg analyst James Seyffart forwarded the X post, which pointed out that Circle did list the USDT run as a risk of Circle's business in the S-1 document. In the screenshot shared in the post, Circle wrote: "Negative developments related to USDT, or actual or perceived instability of USDT, may cause other stablecoins (including stablecoins issued by Circle) to lose trust. Temporary price dislocations in the secondary market or a full run on USDT may cause Circle stablecoins to experience sustained redemption demand, runs, or similar price dislocations in the secondary market. Although we have never encountered a situation where we were unable to meet customer minting or redemption requests when other stablecoins experienced such price dislocations, the volatility of inflows and outflows and the demand for minting or redemption may be so strong that we may encounter operational difficulties in meeting such demands."

Zach Pandl, head of research at Grayscale, said the impact of tariffs on cryptocurrencies may have already been "priced in" and the worst may be over. Pandl estimates that tariffs have reduced economic growth by 2% this year so far. But Trump's so-called "Liberation Day" may actually prevent the worst pain felt by financial markets. "If we see that the tariff policy announced on Wednesday is both tough and phased, and focused on the 15 countries they appear to be targeting, I expect the market to rebound on the news," Pandl said. "Once we get through this announcement period, the cryptocurrency market may refocus on fundamentals, which are very positive." Pandl said that if institutions did not have a high degree of confidence in the digital asset sector and its related policies, announcements like Circle's initial public offering (IPO) would not have happened. In addition, Pandl believes that tariffs will increase demand for non-US dollar currencies.

The S-1 listing document submitted by stablecoin issuer Circle shows that Coinbase, as its core partner, can obtain a 50% share of the remaining income of the USDC stablecoin reserve. In the regulatory documents submitted on Tuesday, Circle disclosed that Coinbase can obtain a 50% share of the "remaining payment base", which comes directly from the reserve assets supporting the USDC stablecoin; Coinbase's share ratio is directly linked to the number of USDC held by its exchange. When the USDC hosted by the Coinbase platform increases, its share ratio will increase accordingly; otherwise, it will decrease. This profit-sharing agreement confirms the industry's long-standing understanding that Circle has a symbiotic relationship with its largest distribution partner Coinbase.

Global asset management giant BlackRock has received approval from the UK Financial Conduct Authority (FCA) to become a registered crypto asset company, which means the company will be able to operate its newly launched European Bitcoin exchange-traded product (ETP) as a UK entity.

Texas House Bill 4258 (HB 4258) was referred to the Government Efficiency Executive Committee for consideration today. The bill authorizes the state comptroller to invest up to $250 million in Bitcoin and authorizes municipalities or counties to invest up to $10 million of their funds or funds under their control in Bitcoin and/or other cryptocurrencies. If the bill becomes law, it will take effect on September 1, 2025, which will give state and local government officials time to develop investment strategies and establish custody plans.

American Bitcoin Corp, a crypto mining company jointly established by listed mining company Hut 8 and the Trump family investment group, plans to launch an IPO after seeking private equity financing. The joint venture was officially established this week, and investors include two sons of US President Trump. In an interview, Asher Genoot, CEO of Hut 8, said: "In the long run, this will form two listed sister companies, one focusing on energy infrastructure and data centers, and the other focusing on Bitcoin mining machines and reserves, which together form a vertically integrated top business model." Hut 8 has transferred almost all of its mining equipment to the newly established American Bitcoin. Although the new company specializes in Bitcoin mining, Hut 8 will focus on expanding its data center business to support the construction of infrastructure for artificial intelligence applications.