Golden Web3.0 Daily Report | Visa Launches Stablecoin Payment Pilot Program

DeFi data

1. Total market value of DeFi tokens: 133.315 billion US dollars

2. Trading volume of decentralized exchanges in the past 24 hours: $111.44

Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3. Assets locked in DeFi: $13.444 billion$13.444 billion

Top 10 DeFi Projects by Locked Assets and Total Value Locked (Data Source: defillama)

NFT Data

1. Total Market Cap of NFTs: $14.94 Billion

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NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap

2.24-hour NFT Transaction Volume: $2.021 billionUSD

Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO

Headline

Visa Launches Stablecoin Payment Pilot Program

Jinse Finance reports that Visa has officially launched a stablecoin payment pilot program, allowing creators, freelancers, and businesses to receive payments directly in USDC issued by Circle through Visa Direct, enabling instant cross-border settlement.

Visa stated that during the pilot phase, businesses can initiate payments in the US using fiat currency, while recipients can choose to receive USDC directly. Funds can arrive within minutes, which will bring convenience to users in regions with currency volatility or limited bank access.

MEME Hot Topics

1. Pump.fun has cumulatively repurchased over $170 million worth of PUMP tokens

According to Jinse Finance, data from fees.pump.fun shows that Pump.fun spent 9214.98 SOL (approximately $1.544 million) yesterday to repurchase 339.3 million PUMP tokens.

Since starting its PUMP buyback on July 15, Circle has cumulatively repurchased approximately $173.7 million worth of PUMP tokens, reducing the total circulating supply by 10.928%. **DeFi Hotspot** **1. Circle is exploring issuing a native token on the ARC Network** **According to Jinse Finance, Circle Internet Group is exploring launching a native token on the ARC Network.**

2.dYdX: New Proposal to "Use 75% of Protocol Revenue for DYDX Buybacks" Now Open for Voting

November 12th news: The dYdX Foundation announced that a new proposal to "adjust the distribution of dYdX protocol revenue" has been opened for voting. The proposal includes that dYdX Chain will distribute the current protocol revenue as follows: 75% for DYDX buybacks, 5% for Megavault liquidity, and 5% to the national treasury.

2.dYdX: New Proposal to "Use 75% of Protocol Revenue for DYDX Buybacks">

November 12th news: The dYdX Foundation announced that a new proposal to "adjust the distribution of dYdX protocol revenue" will be opened for voting. The proposal includes that dYdX Chain will distribute the current protocol revenue as follows: 75% for DYDX buybacks, 5% for Megavault liquidity, and 5% to the national treasury.

3. BNB Chain Multisignature Wallet to be Discontinued Soon, Users Need to Migrate to Safe Global

Jinse Finance reports that the BNB Chain developer team announced on November 12 that the current BNB Chain multisignature wallet will be discontinued soon, and users need to migrate to Safe Global to ensure asset security.

4. A16z Calls on US Treasury to Exempt Decentralized Stablecoins from Regulation

Jinse Finance reports that A16z's crypto division has submitted a request to US Treasury officials, calling for clarification of key definitions in the new stablecoin regulations, arguing that decentralized digital assets should be exempt from regulation to promote innovation. In a letter to Treasury Secretary Scott Bessent on November 4, the company responded to the notification of proposed rules regarding the GENIUS stablecoin bill passed earlier this year.

5.ZCash privacy pool share rises to 23%, network usage surges

According to Jinse Finance, data shows that ZCash's privacy pools now account for 23% of the total supply, a significant increase from 18% in October, indicating a continued growth in the adoption of network privacy features.

Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish correct investment concepts and be sure to enhance your risk awareness.