According to a recent research report by the Swedish central bank, the global stablecoin market has grown from $4 billion at the beginning of 2020 to $272 billion by October 2025, with approximately 99% pegged to the US dollar. The report points out that stablecoins are expanding from cryptocurrency transaction tools to broader applications such as decentralized finance and cross-border payments. In terms of regulation, the EU has passed the MiCA regulation, requiring stablecoin issuers to be fully asset-backed and redeemable at face value immediately; the US passed the GENIUS Act in July 2025, allowing for more flexible asset backing structures. The Swedish central bank's report warns that stablecoins may bring challenges such as increased dollarization, financial stability risks, and bank runs, but also have the potential to improve payment efficiency. The central bank is studying whether to allow issuers to access the central bank's settlement system and use central bank reserves to address the growing influence of stablecoins in the financial system.

Odaily Planet Daily reports that OKX has launched the 6th phase of its "Buy Crypto at 50% Off on OKX" campaign, offering new 50% off coupons and 50% cashback on every transaction. According to the official page, OKX has officially launched the 6th phase of its "Buy Crypto at 50% Off on OKX" campaign. During the campaign, new users enjoy a 50% off gift pack with up to 1000 USDT cashback. Both new and existing users can open gift boxes after completing designated daily transactions for a chance to win 50% cashback coupons, with every transaction receiving 50% cashback. More details on the campaign rules and rewards are available on the official page.

According to an official announcement, Gate Fun has officially launched its latest fee distribution scheme, effective immediately upon release. This adjustment significantly increases the reward ratio for creators and the community CTO team, making value creators the true primary beneficiaries of the ecosystem. Before migrating to GateSwap, the total fee remains at 1%, with creator rewards increasing dramatically from 0.1% to 0.8%; protocol fees and the ecosystem pool are both reduced to 0.1%. The graduation reward remains unchanged at 50 GT. After migrating to GateSwap, fees are differentiated based on project market capitalization. For projects with a market capitalization below $1 million, creator/CTO rewards increase to 0.6%, and protocol fees decrease to 0%; for projects with a market capitalization above $1 million, the total fee is 0.3%, with the ecosystem pool and creator rewards each accounting for 0.05%. These rules are provisional and will be dynamically adjusted based on community and market feedback.

Odaily Planet Daily reported on December 2nd that the Japanese government launched its own version of the "Department of Government Efficiency" (DOGE), and at its first meeting, formulated a plan aimed at identifying and eliminating inefficient tax measures and subsidies. Following the first DOGE meeting, Finance Minister Satsuki Katayama told reporters on Tuesday: "By eliminating waste through the efforts of everyone, including the public, and directing funds to areas where they are truly needed, we will stand in stark contrast to previous administrations. This is crucial for maintaining confidence in the nation, our currency, and the markets." Katayama also stated that after Bank of Japan Governor Kazuo Ueda expressed confidence in the economic outlook and hinted at a possible interest rate hike, she believed there was no disagreement between the government and the Bank of Japan on their assessment of the economy. Minister of Economic Growth Strategy Minoru Kiuchi repeated these comments verbatim, indicating that this response was coordinated by the cabinet and aimed at sending a consistent signal of support. (Jinshi)

Odaily Planet Daily reports that Rayls announced on the X platform that its token RLS airdrop is now available. Previously, RLS was listed on Binance Alpha and Coinbase.