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XStable Secures New Funding Round Backed by YZi Labs, Sui, Taisu, Catcher VC and Other Investors

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On-chain gold and foreign exchange (forex) trading infrastructure XStable has recently completed a new financing round, backed by multiple institutions including YZi Labs, Sui Foundation, Taisu Ventures, and Catcher VC. The new capital and ecological resources will further boost XStable’s investments in product R&D, trading infrastructure construction, and global market expansion, while refining its on-chain trading system for gold and forex markets. Previously, XStable had already secured investments from institutions such as Solana, Amber Group, KuCoin Ventures, and Singchain. With the addition of this round’s institutional capital, XStable has now raised a total of millions of U.S. dollars from over ten global institutional investors. Currently, XStable has built its market around gold, silver, and major forex trading pairs. According to platform-disclosed data, XStable’s average daily trading volume exceeds $100 million, with cumulative trading volume surpassing tens of billions of U.S. dollars.

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Binance Wallet Releases Distribution Schedule for 4Stock Alpha User Holding Rewards

According to official announcements, Binance Alpha has released the following arrangements for distributing rewards related to 4Stock holdings: For Binance Wallet holding users, rewards will be automatically sent to users’ on-chain Binance Wallet addresses in BNC4 form by Four Meme, in line with its distribution rules. For Alpha 2.0 holding users (CEX), since Four Meme’s rewards will be uniformly distributed to the Binance Alpha Treasury Contract Address, Binance Alpha will calculate token holdings via daily random snapshots and disburse rewards monthly. Eligible users will receive rewards corresponding to last month at the start of the next month, credited to their spot accounts. A user’s valid daily 4Stock holdings only count if they exceed 10,000 units that day; monthly valid holdings are the sum of each day’s valid holdings within the month. Monthly rewards are allocated proportionally based on each eligible user’s valid holdings of the token relative to the total valid holdings of all qualified users. 4Stock rewards will be issued in BNCB form. For reward calculation purposes, 1 BNCB is considered equivalent to 1 BNC4.

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Analyst: The '1011' incident, where risk contagion began with USDe’s depegging, theoretically will not repeat.

Crypto analyst Chen Mo noted in a post that Binance’s USDe briefly depegged abnormally to $0.92 today. The last USDe-related incident occurred on October 11 (1011), though its on-chain price remained normal throughout. USDe has a thin order book on centralized exchanges (CEXs) and is accepted as collateral for position opening; the risk spillover from the October 11 incident stemmed from this mechanism. Since then, Binance has added USDe’s actual redemption price to its price index, no longer relying solely on order book quotes. In theory, the October 11 event will not repeat.

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BNY Mellon: Projects one more interest rate hike from the Federal Reserve in December, though the outlook for 2027 remains uncertain.

BNY Mellon Americas macro strategist John Velis stated in a report that he expects the Federal Reserve to deliver one more interest rate hike in December, but is uncertain whether the Fed will implement as many rate increases in 2027 as currently priced by markets. "The outcome hinges on how effective policy tightening will be amid the current inflation shock," he said. He noted that this largely depends on the situation in the Middle East, where visibility remains low. "A de-escalation of tensions and the resulting drop in oil prices could shift the considerations of both markets and the Fed," he added, cautioning that tying policy outlooks to a situation that may first deteriorate before improving is not a sustainable long-term approach.

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After a 7-hour flight delay, Muse helped a user secure a $250 compensation payout in just 5 minutes.

Beating AI Express: AI podcast *Limitless* host Ejaaz Ahamadeen shared that after his Delta flight was delayed for around seven hours, he delegated follow-up processing to Meta’s personal AI agent Muse. Muse automatically filled out the complaint form, only requesting his SkyMiles number and mailing address from him. About five minutes later, he received a $250 account credit in his Delta account. Muse then helped him search for alternative flights and rebook a trip. Some questioned whether Muse simply submitted applications based on pre-set rules, to which Ejaaz responded that Muse also continued to communicate with Delta customer service via email. Delta has no fixed rule of “$250 compensation for seven-hour delays”; this payment was a case-specific compensation. This is not an isolated case: recently, three other users shared similar experiences: Muse helped one person get $200 in flight delay compensation, submitted a $189.37 Alaska Airlines flight cancellation claim for another, and helped a third person obtain about $1000 in account credit due to a United Airlines ticket price drop. Business Insider also reported today on Meta’s promoted #MuseMoneyChallenge, noting that many of the current successful cases come from Meta employees, so community-shared wins should not be taken as general results.

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South Korea's KOSPI index closes up 0.15%

According to Bitget's market data, South Korea's KOSPI index closed up 10.19 points, a 0.15% gain, at 7,017.91 points on Tuesday, September 22.

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Binance’s USDE/USDT trading pair short-term depegged, once falling to $0.92.

Per Binance platform data, the USDE/USDT trading pair briefly depegged at 13:01 today, hitting a low of $0.9202 at 13:03 before returning to near peg at $0.9987 by 13:07. USDE’s current market cap is reported at $4.912 billion, placing it 18th on the cryptocurrency market cap rankings. Earlier, BlackRock and Ethena Labs announced deepened cooperation, with BlackRock’s institutional investment management platform Aladdin further supporting Ethena’s stablecoin products, including USDE as one of the crypto assets backed by Aladdin.

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