① Revolution to Stop Supporting USDT on August 31

Revolut has informed affected users that it will stop supporting USDT and is providing customers with phased deadlines to buy, deposit, sell, or withdraw stablecoins before account balances are removed. Users can continue purchasing USDT until July 6. New USDT deposits will stop on July 30. Users can still

② Senate Nears Release of CLARITY Act Text Ahead of July Vote
Senate negotiators are preparing an updated version of the CLARITY Act text for a final review before the planned push for crypto market-structure legislation in July. Senator Cynthia Lummis said the latest text will be reviewed at around July 4, and lawmakers aim to introduce the bill in July. The Senate Banking Committee

③ Russian Stablecoin A7A5 Says Data Firms Underestimate Billions in Transaction Volume
A7A5 is fighting back. The Russian-ruble-backed stablecoin issuer says crypto data providers have seriously underestimated its transaction activity…

④ U.S. Law Enforcement Drops Opposition to the CLARITY Act: Report
The sheriff of Major County in the U.S. said they still hope to amend the CLARITY Act to provide local law enforcement with more resources to investigate illegal finance cases. According to reports, the sheriff of Major County in the U.S. said that after initially expressing concerns about the way the bill would be implemented, they no longer oppose the bill.

⑤ Tradeweb Conducts Tokenized U.S. Treasury Trading with USDCx in Guangzhou
Tradeweb completed real-time on-chain trading of tokenized U.S. Treasuries with USDCx on the Canton Network, pairing tokenized Treasuries with tokenized cash. The Tradeweb trade was executed through the Tradeweb platform on July 1. The trade size was not disclosed. Franklin Templeton transferred a

⑥ Hinkal Says Users Will Be Made Whole After $797K USDC Exploit
Hinkal said that after an attacker extracted approximately $797,000 from its Ethereum contract, affected users will be restored. The exploit began at 19:05 UTC on July 2, when the attacker withdrew funds from the affected Hinkal pool on Ethereum through a series of transactions. The attacker converted

$ETH$USDC$USDT