Written in Singapore on September 4, 2025 In August 2025, global financial cities began to undergo drastic market changes under the impact of the stablecoin wave. The promotion of Genius Act and Project Crypto, combined with the wealth creation examples of Mstr and Circle, broke the balance of interest games in traditional finance. Stablecoins, coin-stock linkage, DAT, RWA and on-chain asset management quickly became hot spots of competition in the new environment. In essence, the implementation of the Stablecoin Act is the starting point for a comprehensive reform of the global financial chain. The second curve of Crypto's growth will follow the application scenarios of stablecoins and the tokenization of various assets, combined with the flexibility of Crypto finance and the historical experience of professional finance, to form differentiated development under different compliance frameworks in different regions.
- 0 replies
- 0 recasts
- 0 reactions
Bad news: ETH's recent surge cleared most of the short liquidity above its previous all-time high, leaving the rally with little fuel in the short term. Good news: Shorts, far from being scared, accumulated new liquidity above $5,000 overnight... meaning fuel is piling up at $5,000+... Thus, a sustained rally over the weekend will be difficult, but the probability of hitting $5,000 next week is increasing!
- 0 replies
- 0 recasts
- 0 reactions
#zkvm still has innovative products emerging Compared to universal RISC-V zkvm like @boundless_xyz, where all proofs are based on general instruction set circuits for each proof. Brevis zkvm adopted: - Glue stitching solution, which originally came from 's blog post vitalik.eth.limo/general/2024/...… - Identifying high-cost specific operations that constitute most computations (usually hash values and signatures), and then creating specialized modules to efficiently prove these operations. By combining inefficient but universal VM instruction set proof systems with efficient but specialized proof systems, one can leverage the strengths of both. This is somewhat similar to EVM's precompiled technology, which belongs to circuit-level precompilation techniques
- 0 replies
- 0 recasts
- 0 reactions