Japan's three major banks plan to jointly issue stablecoins, geopolitical risks escalate again

ME News message, June 10 (UTC+8), a quick look at Degerpunkt Singularity’s latest news:

·Market dynamics: Total crypto market cap fell 2.21% over the past 24 hours to $2.13 trillion; the Fear Index remains in the extreme fear zone at 15; about $279 million in futures were liquidated, and more than 100,000 traders were liquidated.

·US stock performance: In the most recent full trading day, the Dow rose 0.17%, the Nasdaq fell 0.97%, and the S&P 500 fell 0.26%. Chip stocks rebounded weakly; the Philadelphia Semiconductor Index dropped 1.93%, and geopolitical risks weighed on market sentiment.

·Stablecoin updates: Japan’s three largest banks plan to jointly issue stablecoins by March 2027, driving digital asset payment infrastructure.

·AI updates: Anthropic released the Claude Fable 5 model and simultaneously launched Mythos 5, which lifts some safety restrictions; SpaceX plans to begin a space AI infrastructure demonstration in 2027.

·Institutional updates: Robinhood Securities was approved to become an IPO underwriter; Ethnare received investment from asset management giant Janus Henderson.

·Geopolitics: Trump accused Iran of shooting down a U.S. military helicopter and said he will “respond”; Iran’s armed forces said they launched “a fierce strike” on U.S. military bases in the Middle East, with oil prices and risk-aversion sentiment heating up.

·Other macro: After South Korea began inspections of foreign-exchange banks, the Korean won strengthened on the spot.

·Anomalous sectors: The token gainers STG (+47.90%) and KAT (+36.38%) led the rise; the DeFAI crypto sector (+1.01%) and the Avalanche ecosystem (+0.28%) inched up; U.S. stocks in electronics/appliances rose +6.43%, and building products rose +4.58%. (Source: Desun)