A wide set of crypto, regulatory and corporate developments landed over the past 24 hours, led by a new post from U.S. President Donald Trump, fresh family-office investment data, enforcement action in Australia, and a string of market and infrastructure updates across Bitcoin, DeFi and payments. Trump said on Truth Social that he had made "hundreds of billions of dollars" for the United States through stocks and other assets and added that he was doing it "for our country, not for myself." Reuters had previously reported that ethics filings showed Trump disclosed at least $220 million and as much as roughly $750 million in personal securities trades in the first three months of 2026. On the investment side, FINTRX data cited by Jiaoban Xinzhi Dian showed that Binance founder Changpeng Zhao’s YZi Labs ranked as the world’s second-most active family office in August, taking part in 10 funding rounds with a combined disclosed round size of $42.1 million. The same dataset showed family offices participated in 109 deals during the month, with disclosed financing totaling $16.9 billion. Elsewhere, Australia’s AUSTRAC said it had canceled, suspended or refused to renew registrations for 45 crypto and remittance businesses over the past year. Market commentary from Two Prime and Wintermute focused on Bitcoin’s rebound, ETF inflows and key price levels, while other developments included Liquid Network fund returns, Cronos’ rollback after the Tectonic exploit, Circle’s deal for Tazapay, and broader stablecoin and banking moves in Brazil, Switzerland and South Korea.

The global payments sector saw several major shifts during the week of Aug. 31 to Sept. 6, with stablecoins, bank charters, cross-border settlement rails and dealmaking all moving at once. A group of 21 financial institutions, including 17 global systemically important banks, said they would form a joint stablecoin company in the second half of 2026 and issue a U.S. dollar stablecoin in the first half of 2027, with a euro version to follow. In the U.S., the Office of the Comptroller of the Currency granted conditional preliminary approval on the same day to Revolut and Andreessen Horowitz-backed OpenReserve, and both outlined plans tied to issuing or distributing stablecoins. Bloomberg also reported that total stablecoin supply has fallen by roughly $15 billion from its mid-May peak, even as capital keeps flowing into payment and banking infrastructure. Elsewhere, Citi, FAB, OCBC and DBS completed live transactions on Swift’s blockchain-based shared ledger, including a weekend tokenized deposit payment from Singapore to New York that settled in minutes. The week’s developments pointed to a market where public-chain stablecoins, bank-led stablecoins and tokenized deposits are all competing for a larger role in payments and settlement.

Citi and DBS have completed their first weekend tokenized cross-border payment between Singapore and the United States, using tokenized deposits on Swift Digital Ledger to get around the limits of traditional banking hours. DBS said the transfer was settled in minutes, compared with the industry norm of as long as two business days for conventional cross-border transactions. The deal adds to a growing list of bank experiments with blockchain-based settlement rails designed to improve payment speed while keeping deposits within the banking system. Swift said in July that its blockchain-based ledger was ready for initial use and that it was preparing tokenized cross-border payment pilots with 17 major banks, including Citi, DBS, HSBC, BNP Paribas, UBS, ANZ and Standard Chartered. Citi is also part of a separate effort by major US banks to launch a tokenized deposit network in the first half of 2027 through The Clearing House. Earlier, in November 2025, DBS and JPMorgan said they planned to build a blockchain tokenization framework for onchain transfers between their deposit token ecosystems.

U.S. nonfarm payrolls for August came in far above expectations, with 162,000 jobs added, roughly triple economists’ forecasts. The data pushed fed funds futures to price in about a 60% chance of a Federal Reserve rate hike at the Sept. 16 meeting, reviving policy debate after earlier signals from Fed Governor Christopher Waller had briefly pulled hike expectations lower. Markets reacted in a more hawkish direction. The three major U.S. stock indexes all closed lower on Friday, Treasury yields moved higher across the curve, and gold came under pressure. Still, the weekly performance of the S&P 500 and Nasdaq 100 remained positive, suggesting the adjustment triggered by the jobs report has so far been limited. The report also renewed focus on whether AI infrastructure spending and continued credit expansion are helping sustain U.S. economic resilience despite higher borrowing costs. Analysts cited shifts in job creation toward sectors tied to data center construction, equipment supply, and power infrastructure, while warning that next week’s CPI data is likely to become the key test for the Fed’s next move.

Arthur Hayes argues that the euro-yen exchange rate, rather than a standard U.S. rates indicator, is now the key macro signal for crypto investors. In his latest essay, Hayes says EURJPY could fall from around 185 to 140 or lower by next June, a move he links to stress in France’s sovereign debt and banking system, capital repatriation from Japan, and a policy chain that could force the Federal Reserve to inject more dollar liquidity. His thesis starts with U.S. Treasury Secretary Bessent’s effort to push allied currencies higher against the dollar. Hayes says that trade objective requires private capital to follow official actions, with markets effectively being steered toward selling euros and buying yen. He then ties France’s worsening fiscal position, its negative Target2 shift since 2021, rising OAT yields, and foreign ownership of French bank debt to a broader euro-area fracture scenario he calls a “Schrodinger’s euro.” Hayes also argues that weakness in major French banks such as BNP Paribas could hit the U.S. repo market. Citing OFR money-market data, he says BNP Paribas, Credit Agricole, and Societe Generale account for roughly 20% of repo lending. If those banks pull back, he expects the New York Fed to expand its Reserve Management Purchases program. For crypto, Hayes says that would be a bullish liquidity event, keeping Bitcoin as his core long while maintaining 2026 speculative targets in Ether, Ethena, and Ether.fi.

MEXC Product Director Vivien Lin used a lengthy interview with BlockBeats to lay out how the exchange thinks about product design, retail user acquisition, real-world asset access and AI-driven trading. Her core argument is that the next phase of exchange competition will not be decided by simply listing more assets or piling on more features, but by reducing the distance between users and tradeable opportunities. Lin said MEXC’s zero-fee approach was designed to cut both direct trading costs and the psychological barrier to entering the market. Combined with liquidity and low-slippage execution, she described that mix as a key part of the platform’s retail-focused edge. She also said the exchange now serves more than 40 million users worldwide. On listings, Lin said MEXC mainly looks at two factors: user participation and liquidity. On market expansion, she said MEXC has already launched more than 350 RWA-linked instruments, including single stocks, indexes, gold, silver and crude oil, and that its Real Stock product connects directly to licensed traditional brokerage infrastructure to give users 1:1 exposure to underlying assets. Lin also mapped out MEXC’s AI plan in three steps: Assistant, Copilot and, eventually, a Financial Operating System. She said the company is now moving from the second stage toward the third while working through computing, algorithm and performance constraints.

The U.S. Securities and Exchange Commission has released the full agenda and speaker list for its Sept. 17 roundtable on “24-hour trading,” a public event that will run from 10 a.m. to 4 p.m. at SEC headquarters and be livestreamed on the agency’s website. The program is split into three panels. The first will examine market readiness for extended trading hours, including platform and broker preparedness, overnight surveillance, closing-price processes, clearing and settlement changes, and investor protection. Speakers on that panel come from Robinhood, the New York Stock Exchange, BlackRock, Virtu Financial, Cboe, BNY Pershing, UBS, FINRA, and Bruce Markets. A second panel will focus on operational resilience, covering system readiness, Reg SCI compliance, failover and capacity planning, market data continuity, cybersecurity, and overnight staffing, with participants from Jane Street, State Street, Samsung, Charles Schwab, Nasdaq, Interactive Brokers, DTCC, Exegy, and MEMX. The third will address the expected effects of expanded trading on liquidity and capital formation, as well as infrastructure needs for a future 7×24 market, with speakers from OTC Markets, BNP Paribas, 24X, Invesco, Citadel Securities, DriveWealth, Blue Ocean, Citi, and ModernIR. SEC Chair and commissioners are scheduled to deliver opening remarks, and Trading and Markets Director Jamie Selway will also attend.

Swift is testing whether blockchain infrastructure can plug into its existing cross-border messaging network, which handles about $1.5 quadrillion in annual traffic, according to a CoinDesk report published on Aug. 29. The pilot uses a shared ledger built on Linea, the Ethereum Layer 2 network developed by ConsenSys, to explore round-the-clock tokenized payments that could operate outside standard banking hours. The initial trial includes 17 major banks across six continents, including ANZ, BNP Paribas, BNY Mellon, Citi, DBS, HSBC, Standard Chartered, UBS, Mitsubishi UFJ and Wells Fargo. Under the current setup, final settlement still runs through existing payment rails, while the blockchain ledger is being used first for messaging and coordination. The test lines up with a wider push in traditional finance toward tokenized cross-border payments, including JPMorgan’s Kinexys. For Swift, the main challenge is not simply whether the technology works, but whether it can run with the scale, reliability and regulatory standards required by a network that sits at the center of global banking flows.