U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%); U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)

**Pendle Weekly Report (Dec 15): Key Project Updates** - **PT-sUSDe to Launch on Solana**: Pendle’s PT-sUSDe is set to go live on Solana. Using the Chainlink CCT standard, Solana users will gain access to this Ethereum flagship yield asset. - **Pendle PTs Now Live on Unichain**: Pendle’s PT tokens are now available on Unichain. The first batch of supported assets includes capped-issued CUSD (Ethereum Mainnet) and USDai (USD.AI, Arbitrum). This unlocks new on-chain yield infrastructure for Unichain. - **Pendle Info Bot Adds Wallet Tracking**: Users can add their wallets to the bot for reminders when voting events or active liquidity pools (LPs) near or reach maturity. Limit order execution notifications will be supported soon. - **Market Info Labels Upgraded**: Pendle has enhanced its market labels to include conversion rates, withdrawal mechanisms, YT score multipliers, and other key details. - **OKX BTC/ETH Funding Rates on Pendle Boros**: The OKX BTC and ETH funding rate m

On December 15, Visa announced the launch of a "Stablecoin Consultancy Service"—per Fortune magazine—aimed at providing stablecoin strategic planning and implementation solutions to fintech firms, banks, and other businesses. Carl Rutstein, Visa’s global head of consulting and analytics, told Fortune: “Our purpose in the stablecoin space is to help clients grow—frankly, that’s why we exist. Visa’s move here is just one new piece of the puzzle in meeting customer demand.” A stablecoin is a cryptocurrency pegged to reserve assets (usually a fiat currency like the U.S. dollar) to maintain a stable value. Since President Trump signed the “Crypto Dad Act” in July this year—legislation establishing rules for digital asset issuance—many traditional financial firms have embraced stablecoins. In the months since, payment giants like PayPal and Mastercard have also boosted their stablecoin business capabilities. Rutstein noted Visa’s consultancy already has dozens of clients, including

**Market Focus Shifts to U.S. Data Post-2025 FOMC Meeting** Following the conclusion of the Federal Reserve’s final 2025 FOMC meeting on December 15, the market has turned its full attention to U.S. economic data to gauge how much monetary easing next year could improve liquidity conditions. Key releases—retail sales, initial jobless claims, CPI, PCE—and speeches from multiple Fed officials will take center stage, raising the risk of a repricing of interest rate expectations. BRN Research Director Timothy Misir noted: “The macro agenda is now the market’s top focus.” He added the market is no longer directly trading last week’s rate cut, but instead eyeing data that could validate or challenge that decision. “Inflation data will be critical: any unexpected upward surprise could reinforce the ‘hawkish rate cut’ narrative, while softer readings could potentially reopen the upside path for risk assets before year-end.” On-chain data also signals easing selling pressure from large

December 15 — CoinShares released its latest weekly report today, showing digital asset investment products drew **$864 million in inflows** last week. This marks the third straight week of modest inflows, reflecting investors’ cautious yet shifting optimism. While the Fed recently cut interest rates, price performance has been relatively weak—with market sentiment and fund flows diverging on trading days following the cut. ### Regional Highlights - **U.S.**: Led weekly inflows with $796 million (most positive regional sentiment). - **Germany**: $68.6 million in inflows; **Canada**: $26.8 million in inflows. - These three nations have dominated 2025 year-to-date (YTD) flows, accounting for **98.6% of total inflows** this year. ### Asset-Specific Trends - **Bitcoin**: $522 million in weekly inflows; bearish Bitcoin products saw **$1.8 million in outflows** (second consecutive week)—confirming recovering market sentiment. - YTD inflows: $27.7 billion (well below 2024

December 15: Binance Alpha will list Magma Finance (MAGMA) on December 16, per official sources. Eligible users can claim the airdrop using Binance Alpha points by visiting the Alpha Events page once trading goes live. Additional details will be announced soon.

**December 15 –** The National Bureau of Statistics of China, Chongqing Municipal People’s Government, and Singapore’s Infocomm Media Development Authority (IMDA) have jointly signed a Memorandum of Understanding (MoU) on building the Digital Land-Sea New Channel. The agreement aims to deepen China-Singapore cooperation on strategic interconnection demonstration projects, use digital transformation to empower the Land-Sea New Channel’s development, and build a future-oriented smart economic corridor. Under the MoU, the three parties will focus on three key cooperation areas: - **Digital Interconnection**: Align with both countries’ digital rules frameworks to promote secure, orderly cross-border data flow via digital infrastructure connectivity and collaboration. Explore building an efficient, convenient, and secure digital channel. - **Digital Tech & Innovation**: Encourage and support enterprises and research institutions from both nations to conduct joint R&D and use case