Odaily News: On October 12, according to official sources, the decentralized stablecoin USDD has set new all-time records for both its total circulating supply and protocol TVL. USDD's circulating supply has exceeded 1.81 billion tokens, while the protocol's TVL has surpassed $2.51 billion, just 4 days after reaching the previous milestone.It is reported that USDD's growth this time has shown a synchronized momentum across all chains. The TRON network continues to maintain strong growth, with a circulating supply exceeding 1.3 billion tokens; the circulating supply on Ethereum has surpassed 450 million tokens; and the BNB Chain ecosystem continues to expand in tandem, exceeding 21 million tokens. With the ongoing prosperity of its ecosystem and the continuous expansion of use cases, USDD's cross-chain growth momentum is becoming increasingly evident.

Odaily reports: Coinbase CEO Brian Armstrong posted on X that after fine-tuning the open-weight model Qwen3.5-9B using Coinbase's internal proprietary data, the model surpassed frontier large models in the specific task of fraud prevention, while significantly reducing costs and running faster.Armstrong believes that in the future, enterprises will increasingly adopt the approach of fine-tuning specialized models for specific tasks, and specialized models are expected to surpass general-purpose frontier models in certain niche tasks. Currently, Coinbase has integrated a model fine-tuning Skill into its internal AI tool framework, allowing employees to initiate the model fine-tuning and deployment process through simple instructions. He also predicts that in the future, some backend services may be completely replaced by this new architecture.

Odaily reports that Ledger Support posted on X platform stating that it is currently investigating a theft of assets involving Southeast Asian users, who had purchased devices through reseller CryptoBilis. Ledger has asked CryptoBilis to suspend sales and shipments, and recommends that users who purchased devices through this reseller within the past 90 days refrain from initializing their devices; users who have already completed setup should create a new Ledger signing device using a new mnemonic phrase and transfer their assets to a new wallet.On-chain investigator Specter previously estimated that this incident has led to the theft of hundreds of wallets across Bitcoin, Ethereum, and Tron networks, with losses exceeding $86 million. Security researcher tanuki42 previously estimated losses had exceeded $72 million and stated that the amount is still increasing. Currently, the specific cause of the incident and whether the affected devices have security vulnerabilities remain to be investigated and confirmed.

Odaily News: According to on-chain detective Specter, multiple reports of Ledger user wallet thefts have appeared on X and Reddit. After tracing the theft addresses, it was found that the related addresses received inflows of funds from hundreds of victim wallets across multiple major blockchains including Ethereum, TRON, and Bitcoin, with total losses exceeding $86 million. The related addresses include: bc1qjqgwejnp8dc0x2938x9n9954hj97t82unx49dl, TK6DWNpNe1w2iJRNFpU8aHdrPTATxvXT6C, TBkcUMYC7CkTK99tkTnaStQVBastfrs9d9, TCGE3xp6YGRKXxDZiLfysgJW3f22KfMNsW, 0x69c8f401cfc6cd40ac94691d6d7c48e3b7a47841, 0x033636e45d519bebb7b5c2520ca6ce56fbdb4f7a, 0x83aeac166f6832ae3500000a24510a95a052a599, bc1qqnkwurxs99xkx5t4yffqhq3u6qwy0qpjyujtm9, bc1qgqheemzla77pesl227hdtgf5ykz62d0zvld26n, TSDWtuZ2pARUVz4v3PkL2hi3iXPjowAr5a.

Odaily reports that on October 9, TRON DeFi Summer S3 is ongoing, and JST, as the governance token of JUST and JustLend DAO, is opening a new on-chain yield window for holders. Users can access JustLend DAO through Binance Wallet DeFi to participate in the $300,000 JST Boost reward pool. Depositing 1000+ JST is all it takes to join the S3 campaign and enjoy Boost incentives. Holding JST not only allows participation in protocol governance and community voting, but also enables stacking additional yields in S3, unlocking dual value from the governance token. Real-time APR fluctuates with market conditions and is subject to the rates displayed on the campaign page.

Odaily reports: According to official sources, on October 9, decentralized stablecoin USDD sponsored and attended the Cointelegraph CONNECT event held in Singapore. Yvonne Chia, USDD's Head of Communications, will join executives from ether.fi, Mercuryo, FinHarbor, and other projects for a panel discussion. The discussion focuses on how stablecoins can truly enter everyday consumer scenarios through payment infrastructure such as cards and wallets.USDD is a multi-chain decentralized overcollateralized stablecoin, currently issued simultaneously on the TRON network, Ethereum Chain, and BNB Chain. Leveraging its seamless compatibility with major DeFi protocols and its multi-chain deployment advantages, USDD is committed to building a secure, transparent, and efficient decentralized stablecoin product, while continuously exploring the greater value of stablecoins in the real economy.

Odaily News: According to official sources, the total supply and total value locked (TVL) of USDD, the decentralized stablecoin on the TRON chain, have both reached all-time highs. Among them, USDD's total supply reached $1.68 billion, and the protocol's TVL reached $2.39 billion, both setting new historical records.The USDD official team stated that with further enhanced liquidity, continuously expanding market adoption, and rising on-chain utility, USDD is demonstrating strong growth momentum.

Odaily News: On October 8, TRON founder Justin Sun attended the TOKEN2049 Singapore main venue event and held a conversation with Kevin Follonier, founder of the podcast "When Shift Happens." Justin Sun shared his experience in the crypto industry and, focusing on the development trend of AI and blockchain integration as well as the vision of the "Sun Yuchen Award," further clarified TRON's strategic positioning in the AI era. He stated that the integration of cryptocurrency and AI Agents will be the most important application scenario in the next 5 years.Justin Sun stated that crypto, as continuously iterable software technology, is superior to the long-stagnant traditional banking system, and the new generation of users will be more inclined to use crypto services. The integration of cryptocurrency and AI Agents is one of the most important scenarios in the next five years. Currently, TRON is building an AI economic and financial network, with approximately $100 billion in protocol-custodied assets and $20-30 billion in average daily transaction volume, while also advancing the tokenization of U.S. stocks and the construction of the AI routing platform B.AI.To give back to the industry and accelerate the development of basic science, Justin Sun recently launched the "Sun Yuchen Award" to reward contributors in the fields of mathematics and AI with higher frequency, with a maximum single-question prize of $1 million. He stated that he will give back crypto achievements to science, which will in turn feed back into ecosystem development.

Odaily reports that at Token2049, Sun Yuchen stated that in Q4, TRON will launch tokenized stocks to ensure TRON users can access U.S. Treasuries and other high-quality assets.

Odaily News: The Kyrgyzstan government has decided to terminate the operations of its national stablecoin Gold Dollar (USDKG) and has requested the Ministry of Finance to liquidate the issuer EVA and the country's first state-owned cryptocurrency exchange, Coin Nomad Exchange. USDKG was launched in November 2025, positioned as a state-issued stablecoin backed by physical gold and pegged 1:1 to the US dollar, with a registered issuance of slightly over 50 million tokens, running on the Tron blockchain.