Updated: July 29, 2026, 9:30 (UTC+8)|Author: MEXC Headlines Visa expands stablecoin and AI payment infrastructure Four major U.S. banks plan a shared tokenized deposit network Russia releases draftUpdated: July 29, 2026, 9:30 (UTC+8)|Author: MEXC Headlines Visa expands stablecoin and AI payment infrastructure Four major U.S. banks plan a shared tokenized deposit network Russia releases draft
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MEXC On-chain Daily Report: Major U.S. Banks Plan Shared Tokenized Deposit Network

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Jul 29, 2026
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Updated: July 29, 2026, 9:30 (UTC+8)|Author: MEXC

Headlines

  • Visa expands stablecoin and AI payment infrastructure
  • Four major U.S. banks plan a shared tokenized deposit network
  • Russia releases draft rules for digital asset trading
  • Wall Street giants collectively back the CLARITY Act
  • PayPal advances stablecoin and agentic payment tools

Industry Updates

Ondo Finance Abandons Layer 1 Plan and Launches High-Speed, Privacy-Focused Ondo Network

According to Odaily, Ondo Finance has abandoned its traditional Layer 1 blockchain plan and launched Ondo Network, an institutional trading network focused on private, high-speed execution. Its first application, Ondo Perps, allows users to trade perpetual futures using tokenized assets as collateral while separating fast, private execution from public-chain settlement. Having previously issued tokenized U.S. Treasuries and equities, Ondo’s strategic focus is now shifting from an underlying blockchain toward institutional-grade tokenized asset trading infrastructure.

Emirates Launches Crypto.com Pay for Cryptocurrency Payments

According to Odaily, Emirates has introduced Crypto.com Pay on its website and mobile application, allowing eligible UAE residents to pay for flights priced in UAE dirhams using cryptocurrency. Mobile users are redirected to the Crypto.com App to authorize payments, while desktop users can complete transactions by scanning a QR code. Payments are processed by Crypto.com’s Dubai entity, which holds a Stored Value Facilities license from the Central Bank of the UAE. The service stems from a memorandum signed in July 2025 and is not yet available in other regions.

Beezie Raises $4 Million With Participation From Psalion

According to Odaily, Beezie has raised $4 million, with Psalion participating through its early-stage Psalion VC Fund III. Beezie creates on-chain digital twins for physical goods, making the assets programmable, tradable, and composable across different use cases. It also uses gamification to turn physical-goods trading into an interactive consumer experience. The new funding will primarily support global expansion. The project reflects how real-world assets are expanding beyond financial instruments into collectibles, consumer goods, and interactive commerce.

AI Trading Agents Could Outnumber Human Traders Within Two Years as Nansen Rebuilds Its On-Chain Platform

According to Odaily, Nansen CEO Alex Svanevik expects AI trading agents to outnumber human traders within approximately two years. Nansen is evolving from a purely on-chain analytics tool into a platform capable of executing trades directly, with its agent-focused trading functions already generating more than $500 million in cumulative volume. Around 10 of its 15 highest-volume perpetual contracts represent non-crypto assets. Nansen will introduce more autonomous agents only after completing backtesting and paper trading to manage inference costs and input-poisoning risks.

Birdai Labs Raises $4 Million in Seed Funding Led by Castle Island Ventures

According to Odaily, Birdai Labs has raised $4 million in a seed round led by Castle Island Ventures, with participation from Metalayer Ventures and The Venture Dept. The project provides infrastructure for measuring, verifying, and optimizing transaction-execution quality on high-performance blockchains. It focuses on reducing value leakage caused by transaction ordering and network propagation between order submission and final execution, while seeking to return more value to traders and market makers. Its business direction shows that competition among high-performance chains is increasingly shifting toward execution quality and verifiable fairness.

Hyperliquid Builder-Code Integrators Generate $90 Million as MetaMask and Others Connect

According to Odaily, Hyperliquid’s builder codes system has been adopted by hundreds of developers and applications, including MetaMask, Phantom Wallet, and South African exchange VALR. These integrators have collectively generated approximately $90 million in revenue. The system uses shared liquidity between HyperEVM and HyperCore, allowing wallets and exchanges to offer perpetual-contract services directly. MetaMask has charged a 0.1% builder fee since October 2025, while VALR connected to Hyperliquid’s order book after its internally developed perpetual-contract operation struggled with insufficient liquidity and trading volume.

Psalion Launches $50 Million Fund for Early-Stage Blockchain Startups

According to The Block, Singapore-based asset manager Psalion has launched a $50 million fund targeting Pre-seed and Seed-stage blockchain startups. The fund will focus on infrastructure, real-world assets, stablecoins, DeFi, and trade finance. Alongside Psalion’s participation in Beezie’s financing, the initiative demonstrates an investment strategy spanning on-chain physical assets, financial infrastructure, and early-stage applications. The new fund also indicates that institutional capital continues to seek long-term opportunities at the intersection of blockchain technology and traditional finance.

Argentine Banking Groups Including BIND, With Over $2 Billion in Assets, Develop Peso Stablecoins

According to Odaily, BIND Group, which manages more than $2 billion in assets, is developing an Argentine peso stablecoin through its virtual asset service provider BEN. It is also working with Circle to provide institution-grade payment and treasury-management services compliant with local regulations. Petersen Group is separately developing a peso stablecoin called DIPE. Both products are being advanced by banking-group-backed companies rather than banks directly, focusing on treasury management, event-triggered on-chain payments, and collateralized credit management under existing banking restrictions.

Coinbase Proposes Interest-Bearing Federal Reserve Payment Accounts and Risk-Based Regulation

According to Cointelegraph, Coinbase has proposed expanding access to Federal Reserve payment accounts, allowing those accounts to earn interest, and regulating participating institutions according to their actual risk profiles. The proposal concerns whether crypto companies and emerging payment providers should gain more direct access to core U.S. payment infrastructure and receive more consistent account treatment. If adopted, it could reduce settlement friction for non-bank payment institutions, although implementation would depend on the Federal Reserve’s assessment of financial stability, liquidity, and risk-isolation mechanisms.

MEXC Market Heatmap

Data source: Real-time MEXC market data before 09:30 (UTC+8). Figures are subject to change with market conditions.
Top 24H Gainers
AET/USDT (+187.69%), CASHCAT/USDT (+37.77%), NOITX/USDT (+37.28%)
Top 24H Trading Volume
BTC/USDT (404.274M), ETH/USDT (262.576M), USDC/USDT (83.864M)
Trending Meme Tokens
4663/USDT, MENSA/USDT, MARIAN/USDT
New Listing Announcement
XPLK/USDT, listing time: 2026-07-29 18:00:00 (UTC+8)

On-Chain Calendar

High-Risk Token Unlocks
  • B2 Buzz/USDT [07-29 21:30] unlocks 1.69m USDT, representing 7.66% of circulating supply, with relatively high short-term selling pressure
  • Falcon Finance/USDT [07-30 12:30] unlocks 4.54m USDT, representing 2.53% of circulating supply, with short-term selling pressure warranting attention
  • Layer3/USDT [07-30 19:30] unlocks 228,895 USDT, representing 2.65% of circulating supply, with short-term selling pressure warranting attention
  • ZORA Protocol/USDT [07-31 03:30] unlocks 1.05m USDT, representing 3.71% of circulating supply, with short-term selling pressure warranting attention
Key Macro Events
  • Jul 29, 01:00 — United States | Money supply rises to USD 23.15T [Liquidity changes influence the U.S. dollar and risk-asset allocation]
  • Jul 29, 09:30 — Australia | CPI and core inflation data [Inflation results affect rate expectations and risk appetite]
  • Jul 29, 14:00 — Germany | Monthly and annual import-price data [Import inflation influences euro rate expectations and capital flows]
  • Jul 29, 14:00 — South Africa | M3 money-supply growth [Money-supply changes affect domestic liquidity and risk appetite]
  • Jul 29, 16:30 — United Kingdom | Monthly M4 money-supply growth [Liquidity growth influences sterling rate expectations and asset allocation]

Security Alert

Users should remain vigilant against approval-phishing scams. Attackers commonly use fake airdrops, impersonated investment platforms, or fraudulent customer-support accounts to persuade users to connect their wallets and sign transactions such as approve(). Once a malicious contract receives a high token-spending allowance, assets may be transferred without another confirmation. Recent Chainalysis research indicates that these attacks are often combined with sophisticated social-engineering tactics. Users should verify every signature, contract address, and approval limit; avoid links received through private messages; regularly inspect and revoke unused permissions using trusted tools; and never disclose seed phrases or private keys to any website or purported customer-support representative.

MEXC Chain Observation Daily, updated daily, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.
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