1. Technology Headlines

1.1 Ant Chain and StarkWare, a pioneer in blockchain scalability, officially announce their partnership

Ant Chain and StarkWare, a leading Layer 2 scaling protocol, officially announced their partnership on July 28th. StarkWare is a leading ZK-Rollup solution. The collaboration officially launched the NitrooZK-stwo project: S-two's new GPU acceleration engine will achieve 7.8M hashes per second on Poseidon2 on a 4090 GPU, providing high-performance GPU acceleration for the StarkWare ecosystem. The project will soon be open sourced.

https://x.com/AntChainOpenLab/status/1949726645079978352

1.2 Solana Releases Internet Capital Markets Roadmap Centered on Application Control Execution

According to Foresight News, the Solana Foundation has released its "Internet Capital Markets" roadmap. Co-authored by members of the Solana Foundation, Anza, Jito Labs, DoubleZero, Drift, and Multicoin Capital, the roadmap, centered around Application Control Execution (ACE), outlines six key trade-offs: privacy vs. transparency, speed bumps vs. unconstrained transactions, inclusivity vs. finality vs. latency, hosting vs. geographic dispersion, maker-first vs. taker-first priorities, and flexibility vs. opinionated architecture. Solana, they argue, will not enforce a one-size-fits-all protocol, but rather focus on building its infrastructure so that developers can experiment with these trade-offs in production.

https://foresightnews.pro/news/detail/79148

1.3 Telegram's built-in crypto wallet, TON Wallet, is now available to 87 million US users.

According to CNBC, Telegram's built-in TON Wallet crypto wallet launched in the US this week, allowing 87 million US users to send, receive, and manage cryptocurrencies directly within the app, without requiring additional downloads or logins. The self-hosted wallet supports stablecoin transfers, token swaps, and zero-fee purchases through MoonPay. Over 100 million users worldwide activated the wallet by 2024, despite previously delaying its US launch due to regulatory uncertainty. This expansion is expected to intensify competition with platforms like Cash App and Coinbase.

https://www.panewslab.com/zh/articles/b8np3b33

1.4 China's carbon neutrality: Carbon Coin, the carbon credit stablecoin agreement, completes data docking

According to Foresight News and Zhitong Finance, China Carbon Neutral announced that its subsidiary, Future Marvel Limited, has completed data integration for its carbon credit stablecoin (Carbon Coin) protocol, successfully putting 200,000 tons of carbon credits on the blockchain. The Carbon Coin protocol represents a significant step in the company's digitization of carbon credits. Its integration with relevant systems provides strong technical support for the on-chain integration and subsequent management and trading of carbon credits. "On-chain carbon credits" refers to the digital representation and ownership of carbon assets, such as carbon allowances or voluntary certified carbon emission reductions (VCRs), such as the Verified Carbon Standard (VCS) and Gold Standard, through blockchain technology, enabling transparent management and efficient circulation throughout their lifecycle.

https://foresightnews.pro/news/detail/79236

2. Industry News

2.1 Hong Kong's Stablecoin Ordinance will take effect on August 1. Initially, only a few licenses may be launched, and unlicensed stablecoin promotion will be convicted

Hong Kong's "Stablecoin Ordinance" will come into effect on August 1 (next Friday). The Hong Kong Monetary Authority plans to publish a summary of the "Stablecoin Issuer Licensing Regime" next week (starting from July 28). Applicants will receive more detailed guidance to clarify the specific requirements for stablecoin issuers in terms of anti-money laundering, reserves, information disclosure, etc.

https://www.panewslab.com/zh/articles/kj2c3r0d

2.2 The Shanghai headquarters of the People's Bank of China: Actively exploring the application of digital RMB in offshore trade settlement

The Shanghai headquarters of the People's Bank of China held a press conference for the third quarter of 2025 on July 24. Shi Jiandong, deputy director of the Macroprudential Management Department of the Shanghai headquarters of the central bank, particularly emphasized the application potential of digital RMB in offshore trade settlement: it will promote banks and enterprises with mature conditions to carry out pilot business of comprehensive reform of offshore trade financial services, continuously expand the policy benefits, and actively explore the application of digital RMB in offshore trade settlement.

https://foresightnews.pro/news/detail/79083

2.3 International remittance company Western Union is exploring the launch of stablecoin services

The CEO of international remittance company Western Union stated that the company is exploring the possibility of launching stablecoin services within its digital wallets and plans to establish on-ramp and off-ramp partnerships to support customers in buying and selling stablecoins. He highlighted stablecoins as three key opportunities: increasing the speed of cross-border transfers, converting stablecoins into fiat currencies, and providing a store of value in volatile economies.

https://www.theblock.co/post/363745/western-union-explores-stablecoin-integration

2.4 Anchorage Digital, a US crypto custodian, has partnered with stablecoin issuer Ethena Labs to launch USDtb, the first US stablecoin compliant with the GENIUS Act

Anchorage Digital, a U.S. crypto custodian, announced a strategic partnership with stablecoin issuer Ethena Labs to leverage Anchorage Digital’s stablecoin issuance platform to introduce the USDtb stablecoin to the U.S., making it a stablecoin with a clear path to comply with the recently enacted GENIUS Act. This partnership will help clients capitalize on the expected growth in asset-backed tokens following the passage of U.S. stablecoin legislation.

https://www.businesswire.com/news/home/20250723391461/en/Anchorage-Digital-Partners-with-Ethena-Labs-to-Launch-the-First-GENIUS-Compliant-Federally-Regulated-Stablecoin

3. In-depth analysis

3.1 A Review of the Asian Web3 Market in Q2 2025: From Policy to Implementation

This report provides a comprehensive overview of the development dynamics of major Web3 markets in Asia through Q2 2025.

https://www.panewslab.com/zh/articles/0km23tq0uf11

3.2 Web3 lawyers analyze Robinhood's stock tokens: innovation or overreach?

Robinhood, the US online brokerage giant, announced the launch of "equity tokens" for European users, pegged to equity in top private companies like OpenAI and SpaceX. This has once again brought the cutting-edge issue of tokenizing real-world assets (RWAs) to the forefront. However, OpenAI quickly issued an official statement, clarifying that it has no connection to the tokens issued by Robinhood and warning that "these tokens do not represent actual equity in the company."

https://www.panewslab.com/zh/articles/s2i42715tm9a