Odaily News: Stablecoin issuer Tether has announced an investment in the seed round of Latin American financial infrastructure company EFY Finance to advance the institutional adoption of USD₮ and USA₮.Tether stated that the investment aims to strengthen the connection between stablecoins and the traditional financial system, and to support EFY Finance in developing stablecoin-based cross-border payments, account services, and digital asset custody infrastructure. EFY Finance currently offers USD₮ and USA₮ on/off-ramp services, over-the-counter (OTC) trading, wallet, and payment card services, covering local settlement channels in more than 12 currencies and 17 countries. The company has obtained a Digital Asset Service Provider license in El Salvador and serves over 25,000 individual and business accounts.

Odaily reports that Bank of England Deputy Governor Sarah Breeden said during the IMF annual meetings that the UK is currently in no rush to launch a retail central bank digital currency, the digital pound "Britcoin." Whether to proceed with the digital pound project depends on whether other innovative payment solutions—such as commercial stablecoins and tokenized bank deposits—can deliver the benefits of tokenization. She also emphasized that she hopes UK businesses can develop successful sterling stablecoins, so that UK residents and businesses are not left with no option but to access innovative payment services through dollar stablecoins. (Bloomberg)

Odaily News: The Finance Committee of the French National Assembly has passed an amendment that would require the declaration of self-custodial wallet crypto assets valued at or above €100,000 (approximately $112,000) at year-end, with non-declarers facing fines of up to €10,000 (approximately $11,000). The rule has not yet become law and may still be subject to changes.Harry Halpin, CEO of privacy infrastructure company Nym, stated that French tax authorities are suspected of selling taxpayer data to criminals, and the new declaration requirement could threaten the safety of asset holders. Rand Hindi, founder of privacy protocol Zama, called on French crypto asset holders to leave France, and those unable to leave should hire security for their families.The proposal comes amid a series of crypto-related robberies, kidnappings, and "wrench attacks" that have occurred in France in recent years. The committee had also passed measures treating crypto-to-stablecoin conversions as taxable sales and expanding the scope of crypto exit taxes, but the budget revenue portion was subsequently rejected by a vote of 31 to 3, and the related amendments will need to be resubmitted. (Decrypt)

According to Onchain Lens monitoring, a Bitcoin OG transferred $138.32 million USDC to Binance. This whale currently holds $200 million USDC and $61.68 million USDT, totaling $261.68 million.

Odaily News: On October 8, Metis announced the launch of the Metis Rise monthly developer incentive program, rewarding teams that deploy new AI Agents on the Metis Andromeda mainnet, acquire real users, and generate real on-chain economic activity.Metis stated that while many teams can currently build Agents capable of answering questions, Agents that can get paid, prove their identity, and earn sustained transaction trust remain scarce. Metis Rise aims to support developers in exploring this direction, help developers innovate, and drive the growth of AI Agent applications within the Metis ecosystem.Metis also stated that it is building an execution and data layer for AI Agents, and that Andromeda's decentralized sequencer (DSeq) can eliminate the single point of failure that trustless transactions between Agents depend on.The program focuses on the "economic usability" of AI Agents, covering four categories of needs: payments (x402), identity (ERC-8004), stablecoin escrow (Escrow), and independently verifiable on-chain signature receipts.In terms of participation thresholds, developers need to meet the following conditions each month:- At least 15 valid monthly active users;- Each counted user must complete at least 3 qualifying transactions on Metis Andromeda, or settle an amount of no less than $2 (m.USDC, m.USDT, or METIS);- Primary user transactions, settlement volume, and Gas consumption must occur on the Metis Andromeda mainnet.The program is open to all developers, but is limited to projects newly deployed on the Andromeda mainnet. It supports any AI Agent framework and hosting method, including ClawUp, GOAT AgentKit, or self-built backends, and supports a dual-chain architecture based on GOAT Network. Metis Rise is hosted by Metis, with ClawUp, GOAT Network, and LazAI as ecosystem partners.

Odaily reports that Binance has announced it will list RWUSD on October 13, 2026 at 08:00 (UTC), opening RWUSD/USDT spot trading alongside a zero-fee promotion running until further notice. RWUSD can be used as cross-margin collateral, though borrowing is not currently supported. Within one hour of the spot listing, Binance Convert integration will go live, enabling zero-fee conversions. RWUSD is a floating-term, daily-interest-bearing yield product, with returns derived from Binance ecosystem revenue and potentially backed by real-world assets such as U.S. Treasuries. The product is pegged 1:1 to the stablecoin used, and will be redeemable for USDC. Currently, RWUSD does not support deposits or withdrawals.

Odaily Report: BVNK has announced native support for Plasma, providing customers with fast, network fee-free stablecoin payments. Global HR and payroll platform Deel has already used Plasma through BVNK to pay stablecoin salaries to workers worldwide.

1. NFT marketplace Blur will discontinue its frontend on November 12, and Blend will stop matching new loans;2. Yuga Labs Blockchain Vice President: Recommends users immediately revoke Blur contract authorization;3. UK High Court's ruling on the 61,000 BTC Qian Zhimin case is not final: victims' property rights may still be appealed;4. Tom Lee: Sharp decline in Korean stocks may spill over into the crypto market;5. Meta releases Muse Wonder series, claims outperforming Anthropic and OpenAI comparable models on some tasks;6. US Financial Accounting Standards Board plans to adjust stablecoin accounting rules, tokens can be counted as cash equivalents;7. Pump.fun co-founder: Will adjust reward algorithm, focusing on reducing incentives for low-quality shilling.

Odaily reports that Lorenzo Valente, Director of Digital Asset Research at Ark Invest, stated that despite Bitcoin's lackluster or even declining performance this year, Ark Invest continues to view Bitcoin on a five-year cycle and believes it remains in its early stages. The rise of stablecoins has changed Ark Invest's assessment of the Bitcoin narrative in emerging markets, while the development of tokenized equities and real-world assets is also advancing. Valente also discussed the impact of interest rates, inflation, and AI on Bitcoin's macro outlook, and shared Ark Invest's outlook for Bitcoin over the next 12 to 18 months, the four-year cycle, and its 2030 price target.

Odaily News: The International Monetary Fund (IMF) noted in Chapter 3 of its October 2026 Global Financial Stability Report that, as of July 31, excluding repurchase agreements and stablecoins, the scale of tokenized real-world assets reached approximately $65.1 billion, including $30.4 billion in tokenized credit, $17.5 billion in money market funds, and $2.3 billion in tokenized equities.The report pointed out that automatic liquidation, instant settlement, continuous trading, and programmable collateral could accelerate forced liquidations and amplify financial shocks when markets come under stress. The cross-platform reuse of collateral could also increase leverage, causing risks to transmit more rapidly across different institutions and markets.The IMF identified legal certainty, regulatory clarity, blockchain network interoperability, and reliable settlement assets as four obstacles to the broader adoption of tokenized markets, and recommended adopting technology-neutral regulation, strengthening oversight, implementing circuit breakers, and preventing instability from automatic liquidation. (Bitcoin.com News)