HYPE Price Prediction as Open Interest Surges 8X Above ASTER

PANews reported on October 5th that Stripe co-founder Patrick Collison tweeted that the stablecoin market structure is evolving, and issuers will be forced to offer competitive interest rates to customers. Collison pointed out that the average interest rate on US savings deposits is only 0.4% (FDIC data), and approximately $4 trillion in deposits remain at 0%. In Europe, non-corporate deposit rates are only 0.25%, and corporate deposits are only 0.51%. This situation will change: depositors will (and should) receive a return on capital closer to market levels. "Following the GENIUS Act, some lobbying groups are currently pushing for further restrictions on any form of incentives associated with stablecoin deposits. The business imperative here is clear—low-interest deposits are good—but in my view, such a disrespectful approach to consumers is a failure."

PANews reported on October 5th that the official X account of 0G Labs was hacked and released fake airdrop information, reminding users not to interact with it.

PANews reported on October 5 that according to Cointelegraph, Matt Hougan, chief investment officer of crypto asset management company Bitwise, believes that despite Ethereum's dominance, Solana's speed, throughput and finality make it particularly attractive and will become the preferred network for Wall Street stablecoins and tokenization of real-world assets.