Plain Language Blockchain Daily: Citibank predicts that by 2030 the scale of stablecoins could reach as high as $4 trillion, but bank token volume may surpass that.

1. Citibank predicts that the scale of stablecoins could reach up to $4 trillion by 2030, but the volume of bank tokens may be even higher.

2. WLFI will begin implementing the buyback plan this week;

3. SEC Chairman: Will strictly investigate conflicts of interest in the cryptocurrency sector and plans to launch an innovation exemption policy before the end of the year;

4. U.S. regulators investigate cryptocurrency strategic reserve company for insider trading;

5. Hong Kong has once again been rated as the world's freest economy, ranking third globally in "sound currency" and "regulation."

6. Bitcoin Policy Institute: 27 countries around the world actively hold or use Bitcoin.

7.PayPal has partnered with Spark to boost PYUSD liquidity to $1 billion;

8. The stablecoin protocol Level has been acquired by a leading DeFi institution, and the protocol will gradually cease operations;

9. The crypto market faced another "waterfall" trend, with BTC once falling below $109,000 and ETH dropping over 14% in the past 7 days;

10. Centrifuge launches a tokenized S&P 500 index fund product on the Base network.