Updated: September 8, 2026, 09:30 (UTC+8) | Author: MEXC Headlines DBS and Citi enable tokenized-deposit cross-border USD payments Robinhood Chain generates over $2.6 million in daily fee revenue ETHUpdated: September 8, 2026, 09:30 (UTC+8) | Author: MEXC Headlines DBS and Citi enable tokenized-deposit cross-border USD payments Robinhood Chain generates over $2.6 million in daily fee revenue ETH
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MEXC On-Chain Daily Report: DBS and Citi Enable Instant 24/7 Cross-Border USD Payments With Tokenized Deposits

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Sep 8, 2026MEXC
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Updated: September 8, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • DBS and Citi enable tokenized-deposit cross-border USD payments
  • Robinhood Chain generates over $2.6 million in daily fee revenue
  • ETH bridged to Robinhood Chain surpasses $700 million
  • Harmony plans to shut down its network and migrate ONE to Ethereum
  • FBI seizes over $560,000 in crypto linked to Hamas network

Industry Updates

$6 Trillion in Assets Have Yet to Move On-Chain at Scale, Figure Co-Founder Cites UX, Custody, and Permissions as Key Barriers

According to Odaily Planet Daily, Figure co-founder Mike Cagney said DeFi is better suited to asset-based finance (ABF), as it can avoid rehypothecation, improve collateralization, and support self-custody or autonomous venues alongside liquid collateral. Figure has already brought ABF on-chain, but the roughly $6 trillion market remains at an early stage of migration. He said the main reasons traditional financial assets have not yet moved on-chain at scale include poor user interfaces, difficulty combining qualified custody with recoverable self-custody, insufficient institutional features such as multi-wallet and tiered permissions, unresolved regulation, and the need for broader adoption of programmable on-chain KYC screening.

U.S. CFTC Asks Court to Dismiss CME Lawsuit Over Kalshi Bitcoin Perpetual Futures

According to Bitcoin News, the U.S. CFTC has asked a Washington, D.C. court to dismiss CME’s lawsuit challenging Kalshi’s Bitcoin perpetual futures. Kalshi’s cash-settled BTCPERP was approved on May 29, has no expiration date, and uses funding payments to track the spot price. CME argues that a contract without a delivery date and with continuous payments should be classified as a swap rather than a futures contract. The CFTC, however, argues that the dispute is unnecessary and noted that CME could list similar products itself. CME must submit its response by October 2, and the case could influence how U.S. regulators classify perpetual contracts under futures and swaps rules.

Antarctic Raises $7 Million With Participation From Valisa Capital Markets and Others

According to Odaily Planet Daily, Singapore-based decentralized perpetual futures exchange Antarctic announced a $7 million funding round at a $70 million valuation. Investors included Valisa Capital Markets, Lucidity Capital, Republic Crypto, and a proprietary trader making a first investment in crypto assets. The platform targets retail derivatives traders and offers trading tools similar to those available on centralized exchanges. Members of its founding team previously worked at OKX, Binance, and MEXC. The financing highlights continued investor interest in decentralized perpetual markets, where competition is increasingly focused on trading experience, liquidity, and professional-grade tools.

Philippine Central Bank Proposes 12-Month Pause on New Payment System Operator Registrations, Tightening Oversight of Virtual Asset Service Providers

According to Cointelegraph, the Bangko Sentral ng Pilipinas plans to suspend acceptance and processing of new payment system operator (OPS) registration applications for 12 months while it reviews classification and licensing frameworks. Applications submitted before the suspension may continue to be evaluated but will not receive final approval or rejection until the pause ends. Regulated merchant acquirers serving virtual asset service providers must also use direct merchant arrangements and implement enhanced due diligence, continuous monitoring, and risk-based transaction and settlement limits. If approved, the draft will take effect 15 days after publication and is currently open for public consultation.

South Korea Requires Overseas Financial Account Reporting Even if Crypto Exchange Goes Bankrupt

According to Odaily Planet Daily, South Korea’s National Tax Service has ruled that residents must continue reporting accounts held with overseas virtual asset exchanges even if the exchange has gone bankrupt. Residents who opened accounts with foreign virtual asset service providers for digital asset trading remain subject to overseas financial account reporting requirements as long as the accounts fall within the reporting scope. The amount of digital assets expected to be covered by overseas account reporting in 2026 is projected to reach KRW 10.5 trillion, down 5.4% from 2025. The requirement reflects South Korea’s continued push to strengthen transparency and tax oversight of cross-border digital asset holdings.

Robinhood Serves as IPO Underwriter for the First Time in Oura Listing Valued at More Than $11 Billion

According to The Wall Street Journal, Robinhood Markets is formally serving as an IPO underwriter for the first time, participating in the public listing of smart-ring maker Oura. Oura filed for an IPO last Thursday and is expected to seek a valuation above $11 billion. Goldman Sachs, Morgan Stanley, and JPMorgan are among the lead bookrunners, while Robinhood ranks 18th among 18 underwriters. Robinhood received regulatory approval in June to conduct underwriting activities. Its participation marks an expansion from retail trading into primary markets and could give the platform a greater role in allocating IPO shares to retail investors.

Hanwha Investment & Securities Builds Tokenized Securities Platform on Avalanche

According to Odaily Planet Daily, Hanwha Investment & Securities has completed a tokenized securities platform built on Avalanche, with infrastructure developed by blockchain technology company FairSquare Lab. The platform is designed to operate across multiple networks, including Avalanche and enterprise blockchain Hyperledger Besu, providing infrastructure for the future issuance and management of different types of tokenized securities. Traditional securities firms are increasingly testing architectures that combine public and enterprise blockchains, suggesting that real-world asset tokenization is moving from proof-of-concept initiatives toward production-grade platform development, with multi-chain compatibility and regulated securities infrastructure becoming key areas of institutional exploration.

Market Talk: fomo May Support NFT Trading in the Future

According to Odaily Planet Daily, fomo co-founder Se Yong posted “nfts are back” on X alongside two NFT images and added in the comments that while some people like buying watches with profits, he personally prefers digital goods. The remarks triggered community speculation that fomo may support NFT trading in the future. However, the project has not formally announced an NFT trading product, launch date, supported assets, or specific functionality, so the information remains speculative. If fomo eventually enters NFT trading, its product scope would expand further into digital collectibles and related on-chain asset trading.


MEXC Market Heatmap

Data Note: Based on real-time MEXC market data recorded before 09:30 (UTC+8). Figures may subsequently change with market fluctuations.

Top 24H Gainers: BLOB/USDT (+1,664.60%), CNPY/USDT (+413.44%), STONK/USDT (+58.53%)
Top 24H Trading Volume: BTC/USDT (425.819M), ETH/USDT (322.017M), USDC/USDT (83.350M)
Trending Meme Tokens: BEN/USDT, AGISOL/USDT, SOCK/USDT

On-Chain Calendar

High-Risk Token Unlocks

  • Stable/USDT [Sep 8, 06:21] Unlocks $25m USDT, equivalent to 3.41% of circulating supply, with high short-term sell pressure

Key Macro Events

  • Sep 8, 07:30 — Japan | Average Cash Earnings YoY and Overtime Pay YoY [Wage growth influences inflation expectations and the Bank of Japan’s rate path]
  • Sep 8, 07:50 — Japan | GDP Price Index YoY Final [Price pressures affect Bank of Japan policy expectations and yen capital flows]
  • Sep 8, 07:50 — Japan | Bank Lending YoY [Credit expansion reflects changes in liquidity and corporate financing demand]
  • Sep 8, 11:20 — Australia | RBA Hunter Speech [Policy signals affect rate expectations and Australian dollar capital flows]
  • Sep 8, 17:30 — Australia | RBA Hauser Speech [Monetary policy guidance affects Australian dollar and risk-asset pricing]
  • Sep 8, 19:30 — Brazil | BCB Focus Market Readout [Inflation and rate expectations affect the real and capital allocation]
  • Sep 8, 20:15 — United States | ADP Employment Change Weekly [Labor changes affect Federal Reserve rate expectations and the U.S. dollar]
  • Sep 8, 23:00 — European Union | ECB Elderson Speech [Policy signals influence euro rate expectations and capital flows]
  • Sep 8, 23:00 — United States | Consumer Inflation Expectations [Inflation expectations affect rate-cut pricing and transmit to risk assets]

Security Alert

Recently, users should remain especially alert to crypto impersonation scams that combine AI-generated content, fake customer service, and social engineering. Chainalysis noted in its 2026 Crypto Crime Report that impersonation scams increased sharply in 2025, with scammers increasingly using AI-generated materials, phishing messages, fake support representatives, and social engineering tactics to persuade victims to transfer digital assets, sometimes to so-called “safe wallets.” Users who receive messages claiming that an account is compromised, assets must be moved urgently, or official support needs a seed phrase should verify the issue directly through the platform’s official website or app. Do not click links from unsolicited messages, do not disclose private keys, seed phrases, or verification codes, and do not transfer funds to wallet addresses that have not been independently verified. For high-value holdings, using separate wallets or hardware wallets can help reduce single-point security risks.

MEXC Chain Observation Daily, updated daily, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.
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Risk Warning: The content of this article is for reference only and does not constitute any investment advice. The cryptocurrency market is volatile, please make a cautious decision based on your own situation.


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