US SEC plans to relax private investment thresholds, pushing retail investors to enter the private market.

Open Standard US stablecoin OUSD has launched, with its total on-chain supply reaching approximately 477.3 million tokens just two hours after launch. Its reserve assets amount to $477.3 million, resulting in a 100% reserve coverage ratio. The reserve breakdown is as follows: US Treasuries account for roughly $211.2 million (44.25%), while USD cash makes up about $266.1 million (55.75%). On the Tempo Network, OUSD has a circulating supply of 434.2 million tokens, with its cumulative transfer volume hitting $533.9 million.

Goldman Sachs said Wednesday’s U.S. inflation data, paired with New York Fed President John Williams’ comments yesterday, has led the firm to now view an October Federal Reserve interest rate hike as unlikely. Economists Jan Hatzius, David Mericle, and Alec Phillips noted in a research report that, based on the latest inflation data, they project fourth-quarter core PCE year-over-year growth will reach 3.0%, well below the 3.4% median forecast from FOMC participants. The bank has thus pushed back its expectation for a second rate hike to December, and believes the FOMC has a high likelihood of ultimately determining no further rate increases are needed.

The yield on the US 10-year Treasury note rose to 5.29%, hitting a new high since 2007.

Bubblemaps stated in a post that meme coin Super Inu (SI) was launched around the time former US President Donald Trump pushed to rebrand artificial intelligence as "Super Intelligence", and the token rallied rapidly after Trump publicly used the "SI" shorthand. On-chain data reveals wallet 9pkJqJ created SI, minting 20% of its total supply for itself, then acquired an additional 12% via eight other wallets, bringing its total holdings to 32% of the token’s supply. The wallet later sold all its SI for approximately $24,000; had it held onto the tokens, they would now be valued at around $15 million. The developer repurchased SI after selling prematurely, but by that point the token’s price had already surged.

Ethereum Name Service (ENS) founder Nick Johnson has released a statement denying that he issued tokens on Robinhood. He explained that the relevant account was created for a Twitter contest, where participants needed to find the account’s mnemonic phrase from an image. The account and its mnemonic phrase have thus long been public, and are not his private account intended for token issuance.

Open Standard CEO Zach Abrams stated that the firm will center its stablecoin economic allocation mechanism on the OUSD model. Founding partners will not receive special revenue splits; instead, they will follow the same rules as other partners, earning rewards based on the OUSD volume they drive. Abrams added that Open Standard plans to allocate the vast majority of the company’s equity to founding partners and other network partners over the next four to five years. Partners meeting the minimum threshold will be eligible for equity based on the OUSD supply and transaction activity they drive, a move aimed at encouraging partners to boost OUSD circulation rather than just holding tokens. The company has not yet disclosed specific participation thresholds. Abrams argued that OUSD’s growth opportunities are not limited to capturing market share from USDT or USDC; sectors including card settlements, foreign exchange trading, and cross-border payments can also leverage stablecoins to facilitate faster, more frequent fund flows than traditional banking networks.