Odaily Planet Daily News: USDC issuer Circle submitted a proposal to the European Commission, advocating for the revision of rules in the Markets in Crypto-Assets Regulation (MiCA) regarding foreign stablecoins, and establishing a recognition mechanism for foreign issuers. Circle suggested that foreign stablecoin issuers should primarily be regulated by their home regulatory authorities, and after obtaining equivalence recognition from relevant parties and the European Banking Authority (EBA), EU local licensed institutions would be responsible for distribution. This mechanism also allows euro stablecoins to circulate in foreign jurisdictions. Circle also requested the removal of the requirement for electronic money token issuers to hold 30% of their reserve assets in commercial banks; the proportion for 'significant' electronic money tokens is 60%. The company believes this requirement increases exposure to banking credit risk and counterparty risk. (Bitcoin.com News)

Odaily Planet Daily News: Nasdaq-listed HYPE treasury company Hyperliquid Strategies has once again purchased 1.9 million HYPE tokens, valued at $167.2 million. As of now, the company holds approximately 37 million HYPE tokens, valued at around $3.2618 billion, and also holds $292.6 million in cash.

Odaily Planet Daily News: According to Whale Alert monitoring, 387,000 HYPE tokens, worth approximately $3.4152 million, were transferred from Kinetiq to an unknown wallet 20 minutes ago.

Odaily Planet Daily News: BlackRock has partnered with Ondo Finance to launch Intelligent Portfolios, packaging professionally built complete investment strategies into a single on-chain token. BlackRock designed three portfolios for Ondo, focusing on high yield, diversified growth, and high growth. Investors can gain exposure to the entire investment portfolio by holding a single token, without having to purchase and rebalance the underlying assets separately. Unlike tokenization of individual stocks, bonds, or fund tokens, this model further moves the entire portfolio and asset allocation strategy onto the blockchain. The related tokens can be transferred between wallets and platforms in the future, and may be used for collateral lending or access to other on-chain financial products. Pantera summarized this trend as an evolution from 'single securities' to 'on-chain investment portfolios.' Lisa O'Connor, Global Head of BlackRock's Model Portfolio Solutions, said that tokenization is creating new ways to deliver portfolio strategies through digital infrastructure. According to Broadridge data, as of June this year, the assets under management of traditional model investment portfolios were approximately $9.8 trillion.

BlockBeats message, October 3, Solana ecosystem Stonk announced this morning the launch of the "Community Coins" mechanism. Users who hold designated Solana community coins can receive holder rewards from new Meme coins paired with them in the future.