Golden Web3.0 Daily| Hong Kong's Stablecoin Ordinance officially becomes a law

DeFi data

1. Total market value of DeFi tokens: US$122.708 billion

DeFi total market value data source: coingecko

2. The trading volume of decentralized exchanges in the past 24 hours was US$7.622 billion

Source of transaction volume data from decentralized exchanges in the past 24 hours: coingecko

3. Locked assets in DeFi: US$119.135 billion

DeFi project locked assets ranking and locked positions data source: defilama

NFT data

1.NFT total market value: US$21.763 billion

The top ten NFT projects ranked in total market value and market value data source: Coinmarketcap

2.24-hour NFT trading volume: US$ 2.399 billion

The top ten NFT projects ranked in total market value and market value data source: Coinmarketcap

Top NFTs within 3.24 hours

NFTs with the top ten sales gains within 24 hours Source: NFTGO

Headlines

Hong Kong 's Stablecoin Ordinance officially becomes a law

Golden Finance reported that the Hong Kong Special Administrative Region Government published the Stablecoin Ordinance in the Gazette today (May 30), which means that the Stablecoin Ordinance has officially become a law, further improving the regulatory framework for digital asset activities in Hong Kong. On May 21, the Legislative Council of Hong Kong officially passed the draft bill to establish a licensing system for issuers of fiat currency stablecoins (stablecoins pegged to legal currency) in Hong Kong. According to the regulations, in order to strengthen the protection of the public, only designated licensed institutions can sell fiat currency stablecoins in Hong Kong; only fiat currency stablecoins issued by licensed issuers can be sold to retail investors. The Hong Kong Monetary Authority reminds that the stablecoin regulations will officially come into effect later this year and have not issued licenses to any stablecoin issuers. Citizens should carefully identify information related to fiat currency stablecoins and beware of illegal people using false advertisements to commit fraud.

MEME hot spots

1.Yuchen Sun will live broadcast the dialogue contract with giant whale James Wynn and Meme project Moonpig: Revealing the future of Meme track and the outlook for the 2025 crypto market

On May 30, according to the official social media of Huobi HTX, Huobi HTX global consultant Justin Sun will broadcast live at 20:00 (UTC+8) on June 1, and have a conversation with the mysterious contract giant whale James Wynn and the Moonpig team of the Solana chain Meme project to jointly discuss the future development trends of the Meme track and the performance of the crypto market in 2025. This event will be broadcast simultaneously through Huobi Live and Huobi HTX's X Space, and it will have generous airdrop benefits, so stay tuned!

2. The Central African Republic will use its national Meme currency CAR to achieve land tokenization

According to Decrypt, President of the Central African Republic Faustin- Archange Touadéra announced that he will tokenize and sell more than 1,700 hectares of land on the Solana chain starting from June. The land is located in the west of Bosonggo village, 45 kilometers west of the capital Bangui. The presidential decree cited the country's mining laws and tokenization laws, suggesting that the land could be used for mineral mining activities such as gold or diamonds.

DeFi hotspots

1. Binance completes integration of Wallet Connect tokens (WCT) on the Ethereum Network (ERC-20)

According to the official announcement, Binance has completed the Wallet Connect Token (WCT) integration on the Ethereum Network (ERC-20), and has currently opened WCT recharge and withdrawal services.

2. RWA stablecoin sUSD has been expanded to the Base network through Wormhole NTT

According to Golden Finance, Solayer's RWA stablecoin sUSD has now expanded to the Base network through Wormhole NTT to achieve native multi-chain support. With NTT, tokens can reduce liquidity dispersion while maintaining control over token ownership, metadata and upgrade capabilities.

3.Solayer launches development network InfiniSVM Devnet

According to Golden Finance, Solana's re-staking platform Solayer launched the development network InfiniSVM Devnet, which supports over 1 million TPS (trading volume per second) and millisecond transaction confirmation. InfiniSVM is fully compatible with Solana virtual machines (SVMs), and developers can seamlessly migrate Solana applications and use tools such as SolanaCLI, Web3.js, and Anchor. Developers can connect to Devnet through public RPC endpoints for testing and development.

4. Founder of Consensys: Ethereum is the infrastructure for the reconstruction of modern financial systems

According to Golden Finance, Joseph Lubin, founder of Consensys and co-founder of Ethereum, published an op-ed article in the Financial Times, pointing out that the current financial system is facing structural pressures such as trust crisis, high inflation and accumulation of debt. He believes that blockchain networks such as Ethereum are similar to the role of Internet protocol HTTP in the 1990s, and can provide new and decentralized and programmable infrastructure for global financial systems. Lubin emphasized that this is not a replacement for traditional banks and fiat currencies, but an open financial structure that coexists with the existing system and interoperates with the existing system. It has been adopted by institutions such as BlackRock and JPMorgan Chase.

5.Silk Road founder Ross Ulbricht: Decentralization and solidarity are the cornerstones of freedom

According to Golden Finance, according to CoinDesk, Ross Ulbricht, founder of the dark web market Silk Road, delivered a keynote speech at the Bitcoin 2025 conference held in Las Vegas. This is his first public speech after receiving President Trump's pardon in January this year and was released from prison. Ulbricht emphasized the importance of the three principles of freedom, decentralization and solidarity. He said the support of the crypto community has regained his freedom and was shocked by the technological advances he has been exposed to over the past four months, including innovations such as decentralized finance (DeFi), Web3 and artificial intelligence. He called on crypto communities to remain united and adhere to the principles of decentralization to ensure future freedom.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.