Reuters Survey: Out of 105 Economists, 84 Believe the Fed Will Cut Rates by 25 Basis Points in December

On November 12th, the Nasdaq-listed Solana Treasury company DeFi Development (with the stock code: DFDV) announced that it will carry out $65 million in perpetual preferred stock financing. The newly obtained funds will be utilized to further enhance its holdings of SOL and for general corporate purposes.

On November 12th, Stable declared that Anchorage Digital has served as the custodial partner for the launch of the Stable mainnet.

On November 12th, Kyrgyzstan intends to launch a national stablecoin with a scale of up to $50 million.

November 12th. The Cookie DAO of the AI agent index platform project announced that the Cookie Launchpad supported by Legion officially began today, and the token sale of the first project, vooi, will be held on Monday. Each Cookie Launchpad sale will consist of three pools: Snappers Pool: Snappers at the top of the capital share ranking will receive a guaranteed allocation according to their leaderboard ranking; Stakers Pool: COOKIE stakers will receive a guaranteed allocation based on their staking level; Public Pool: Non-Snappers and non-stakers can also apply for an allocation, but there is no guarantee of allocation. Snappers and stakers can also apply for a share higher than their guaranteed allocation, and additional slots will be confirmed based on the overall available pool capacity. More details will be announced later today.

On November 12th, Sui announced that it is going to launch the native stablecoin USDsui of the ecosystem. This stablecoin will be issued by Bridge, a subsidiary of Stripe. USDsui will be launched later this year and will be usable in all wallets, DeFi protocols, and applications constructed on the Sui ecosystem once it is released. Furthermore, USDsui will also be interoperable with other Bridge-based stablecoins on mainstream platforms like Phantom, Hyperliquid, and MetaMask.

On November 12th, US House Majority Leader Scalise: It is expected that the House will vote on a bill to end the US government shutdown around 7 pm on Wednesday (8:00 Beijing time the next day). (IG)