Updated: September 10, 2026, 09:30 (UTC+8) | Author: MEXC Headlines PayPal launches custom stablecoin platform PYUSDx MetaMask spins off as an independent entity as Consensys refocuses onUpdated: September 10, 2026, 09:30 (UTC+8) | Author: MEXC Headlines PayPal launches custom stablecoin platform PYUSDx MetaMask spins off as an independent entity as Consensys refocuses on
MEXC On-Chain Daily Report: PayPal Launches Custom Stablecoin Platform PYUSDx
Updated: September 10, 2026, 09:30 (UTC+8) | Author: MEXC
Headlines
- PayPal launches custom stablecoin platform PYUSDx
- MetaMask spins off as an independent entity as Consensys refocuses on institutional business
- Clarity Act procedural vote scheduled for September 15
- Circle plans to acquire Tazapay for $400 million in stock
- Citi plans tokenized-deposit cross-border transfers for Japanese corporates
Industry Updates
Sui Enables Agents to Hold Independent Wallets and Manage Liquidity Positions for Fees
According to Odaily Planet Daily, Sui said on X that agents can now hold independent wallets on Sui, use tokens to fund themselves, and operate liquidity positions to earn fees. Wallet permissions granted to agents are scope-limited, while gas costs are abstracted by the system to reduce the complexity of automated on-chain execution. The relevant functionality is supported by WaaPxyz running on CetusProtocol. The mechanism further expands the ability of AI agents to participate in on-chain financial activity by allowing them to manage funds and liquidity positions within predefined permission boundaries.
a16z Crypto Releases Quantum-Resistant Open-Source Zero-Knowledge VM Lattice Jolt
According to Odaily Planet Daily, a16z crypto released a new version of the open-source zero-knowledge virtual machine Lattice Jolt, replacing elliptic-curve cryptography with lattice-based cryptography to provide quantum resistance. The new version also improves prover and verifier speeds by 2 to 3 times, with proof sizes below 100KB. Lattice Jolt uses Akita, a new polynomial commitment scheme based on the Module-SIS lattice hardness assumption, targeting 128-bit security. It can prove more than 2 million RISC-V cycles per second on CPUs and exceed 10 million cycles on a MacBook with GPU acceleration through Apple Metal.
Vitalik: Recursive STARK Mempools Could Reduce Costs for Quantum-Safe Signatures and Private Transactions
According to Odaily Planet Daily, Vitalik said he hopes the recursive STARK mempool proposal EIP-8288 can be included in Ethereum’s I-star upgrade and described it as the next step after Frames. The proposal could move quantum-safe signature data off-chain, reducing signature-related costs, while also potentially lowering the gas cost of quantum-safe private transactions from around 10 million to tens of thousands. The mechanism aggregates transaction dependencies through dependency frames and recursive STARKs, with nodes sending a roughly 100–300KB STARK per time period. Additional on-chain overhead would mainly consist of one STARK plus 96 bytes for each statement being proven.
More Than 1 Million Users Join Waitlist as world.xyz Launches On-Chain Prediction Market on Solana
According to Odaily Planet Daily, world.xyz has launched a fully on-chain prediction market platform on Solana, with more than 1 million users already joining the waitlist. Chainlink provides support for market settlement, while contracts are settled using Phantom’s CASH stablecoin. As prediction markets increasingly combine high-performance blockchains, stablecoins, and oracle infrastructure, users can directly participate in event-outcome trading through on-chain contracts. The waitlist size also highlights strong user interest in prediction markets, while on-chain deployment may improve settlement transparency and asset composability.
Bank of Italy: Every Crypto Transfer Must Undergo Sanctions Screening With No Minimum-Amount Exemption
According to Odaily Planet Daily, the Bank of Italy said every crypto asset transfer must undergo sanctions screening, with no exemption based on transaction size. The requirement is based on European Banking Authority guidelines applicable in Italy from December 30, 2025, rather than a newly created sanctions obligation. Certain instant-payment exemptions available to traditional payment service providers do not apply to crypto transfers. Crypto asset service providers must ensure their screening systems, sanctions-list updates, and alert procedures cover all applicable transactions. MiCA authorization does not replace independent obligations under EU restrictive-measures rules, increasing compliance costs for local crypto firms.
Robinhood CEO Responds to AMC Criticism: Public Companies Cannot Control Tokenization of Their Shares
According to CNBC, Robinhood CEO Vlad Tenev responded to AMC’s criticism of stock tokenization by saying that once a company’s shares are publicly traded, other financial institutions should be able to issue financial products referencing those shares without first obtaining permission from the issuer. He said Robinhood’s stock tokens are issued by an independent entity and backed by the corresponding underlying shares. AMC CEO Adam Aron previously argued that tokenized AMC shares bypass the issuer and alter the traditional relationship between a company and its shareholders, while token holders do not receive voting rights in the underlying stock. The dispute highlights unresolved questions around ownership and governance in tokenized equities.
Stablecoin Payments Company Latitude Raises $35 Million Series A With Participation From Lightspeed Faction and Others
According to Fortune, stablecoin payment infrastructure company Latitude has raised $35 million in a Series A round led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. Latitude focuses on solving the “last mile” of stablecoin-based cross-border payments by providing infrastructure that converts stablecoins into local currencies and distributes funds through bank accounts, mobile wallets, and other domestic payment rails. Its customers include digital banks, payroll platforms, e-commerce marketplaces, and financial institutions. The new funding will be used to expand compliance, engineering, legal, and sales teams and pursue regulatory licenses in Southeast Asia, Latin America, and Africa.
Renzo Protocol Rebrands as Renzo Finance, Launches First On-Chain Structured Yield Product on Hyperliquid
According to Odaily Planet Daily, Renzo Protocol has rebranded as Renzo Finance and expanded into on-chain structured yield products, launching its first product, Renzo Basis, on Hyperliquid. The product automatically executes a basis-trading strategy by holding spot long positions and perpetual short positions simultaneously, allowing users to earn yield from funding rates. BTC and HYPE are supported initially, with plans to expand to other assets that have both spot and perpetual markets on Hyperliquid. Renzo founder Lucas Kozinski said Renzo Basis is fully on-chain, self-custodial, and customizable, allowing users to select their own assets and risk parameters.
Blockchain Association and CCI Seek Injunction Against Illinois 0.2% Digital Asset Transaction Tax
According to Odaily Planet Daily, the Blockchain Association and the Crypto Council for Innovation filed for a preliminary injunction in Sangamon County Circuit Court in Illinois, seeking to halt a 0.2% digital asset privilege transaction tax scheduled to take effect on January 1, 2027, while litigation is ongoing. The tax applies to crypto entities established in Illinois or serving Illinois residents with annual gross revenue above $100,000. The organizations had previously sued the state and argued that the law violates the federal Internet Tax Freedom Act as well as constitutional protections related to due process and interstate commerce.
U.S. Bank Completes Real-Time Cross-Border Payment Test and Advances Development of USBDC Stablecoin
According to Odaily Planet Daily, U.S. Bank has completed a real-time cross-border payment test using its U.S. dollar stablecoin USBDC, with transactions executed over the Stellar blockchain between its North American and European entities. The pilot also tested minting, redemption, freezing, and clawback functions for USBDC and validated the bank’s internally developed digital asset platform. U.S. Bank is exploring potential applications in cross-border treasury operations, liquidity management, and collateral transfers, but has not disclosed a timeline for customer access or commercialization.
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.
On-Chain Calendar
High-Risk Token Unlocks
- Delysium/USDT [Sep 10, 05:52] Unlocks $248,341.89 USDT, equivalent to 1.64% of circulating supply, with medium short-term sell pressure
Key Macro Events
Key Macro Events
- Sep 10, 01:00 — European Union | ECB President Christine Lagarde | Speech [Policy signals affect euro rate expectations and risk-asset pricing]
- Sep 10, 07:50 — Japan | Foreign Bond Investment and Stock Investment by Foreigners [Cross-border flows affect yen liquidity and market positioning]
- Sep 10, 09:00 — Australia | Consumer Inflation Expectations [Inflation expectations influence the Australian rate path and AUD flows]
- Sep 10, 09:30 — Japan | Bank of Japan | Masu Speech [Policy guidance affects Japanese rate expectations and yen capital flows]
- Sep 10, 14:00 — Germany | CPI and Harmonised CPI Final [Inflation changes affect ECB rate expectations and the euro]
- Sep 10, 19:00 — Turkey | Central Bank of the Republic of Türkiye | Interest Rate Decision [Rate changes affect lira flows and emerging-market risk sentiment]
- Sep 10, 20:15 — European Union | European Central Bank | Interest Rate Decision [Policy-rate changes affect the euro, rate differentials, and global risk assets]
- Sep 10, 20:30 — United States | PPI and Core PPI [Producer inflation affects rate-cut expectations, the dollar, and risk assets]
- Sep 10, 20:30 — United States | Initial and Continuing Jobless Claims [Labor-market changes affect Fed rate expectations and dollar liquidity]
- Sep 10, 20:45 — European Union | European Central Bank | Press Conference [Policy guidance affects euro rate expectations and cross-market capital allocation]
Security Alert
Recently, users should remain alert to OAuth authorization phishing and scams involving impersonation of official personnel. The U.S. FBI warned on September 1 that, since late 2025, malicious actors have continued sending harmful links through private accounts to trick targets into approving OAuth application permissions. Once authorization is granted, attackers may gain access to the victim’s account. The FBI also emphasizes that law enforcement agencies will not ask individuals to transfer funds via wire transfer, cryptocurrency, gift cards, or similar methods. Users receiving messages about “account abnormalities,” “security verification,” or “urgent authorization” should avoid clicking links in unsolicited messages or emails, verify the situation independently through the official website, reject access requests from unknown applications, and enable multi-factor authentication. Any person claiming to be official support or law enforcement and requesting crypto transfers to a “safe wallet” should be treated as a high-risk warning sign.
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