US initial jobless claims for the week ended October 10 came in at 199,000, versus the market expectation of 200,000.

Crypto.com Exchange has announced the launch of Predict Pro, a prediction market feature for US users, offering real-time order books, probability charts, risk management, and portfolio trading tools. The feature is provided by Foris DAX, an NFA-registered introducing broker, with trading products being CFTC-regulated prediction contracts supplied by OG.com Markets. Predict Pro supports market, limit, stop-market, stop-limit, and post-only orders, and allows users to combine 2 to 6 predictions into a single position, including same-event parlays, cross-event parlays, and in-play trading. Tradable events cover elections, sports, cryptocurrency prices, Federal Reserve decisions, climate, and cultural events, among others.

According to HTX market data, XPL surged more than 6% in a short period following news of Stripe and Plasma’s partnership to launch a multi-currency stablecoin card, and is now trading at $0.08223. Earlier reports noted that Stripe announced a collaboration with Plasma to develop the multi-currency stablecoin card, designed to allow individuals and businesses to spend using currencies already held in their accounts, reducing unnecessary currency conversions and foreign exchange costs. Plasma will serve as a design partner, integrating with Stripe’s stablecoin card infrastructure to enable customers to use their account balances for payments via the multi-currency card. The expanded infrastructure will support fiat currencies including the U.S. dollar, Brazilian real, euro, Mexican peso, and Colombian peso; stablecoins include USDC, OUSD, and eligible stablecoins compliant with the GENIUS Act. Stripe’s stablecoin card service currently covers over 30 countries, with plans to expand to more than 100 countries by 2027.

Elon Musk responded on X to a post alleging Amazon was blocking Grok bots from placing orders and urging him to launch X Shop, saying, "Maybe we should start a company to compete with Amazon."

NEAR Foundation announced that Mert Mumtaz, CEO of Solana infrastructure firm Helius, has joined the foundation’s board of directors. He will assist in advancing product strategy, ecosystem growth and governance, while supporting NEAR’s expansion into the privacy-focused on-chain market. The board is responsible for overseeing the foundation and its major decisions. Mumtaz will also serve as a judge for the NEAR Hackathon held from November 1 to 14. Helius offers RPC nodes, data feeds, transaction relaying and validator services, with its infrastructure used by teams including Phantom, Jupiter, Coinbase and Bitwise. An early user of NEAR Intents, Mumtaz once referred to the protocol as a "market of markets". According to the NEAR Foundation, NEAR Intents has accumulated over $33 billion in total trading volume, with its privacy-focused total value locked (TVL) exceeding $160 million. Other board members include NEAR co-founder Illia Polosukhin, Anchorage Digital co-founder Diogo Mónica, former NEAR Foundation COO Chris Donovan and NEAR One founder Bowen Wang.

Stripe announced a partnership with Plasma to develop multi-currency stablecoin cards, designed to enable individuals and businesses to spend using currencies already held in their accounts, reducing unnecessary currency conversions and foreign exchange costs. Plasma will serve as a design partner, integrating with Stripe’s stablecoin card infrastructure to allow customers to use their account balances for payments via multi-currency cards. The expanded infrastructure will support the U.S. dollar, Brazilian real, euro, Mexican peso, and Colombian peso; stablecoins include USDC, OUSD, and eligible stablecoins compliant with the GENIUS Act. Stripe’s stablecoin card service currently covers more than 30 countries, with plans to expand to over 100 countries by 2027. For example, users holding euros will soon be able to spend directly in euros without first converting to U.S. dollars; businesses can issue cards denominated in currencies aligned with their specific spending needs. Stripe also plans to support cardholders in spending from multiple account balances, automatically selecting the appropriate currency at the time of purchase.

Following the release of U.S. September PPI and retail sales data, U.S. Treasury yields fell across the board, with long-dated yields posting the steepest declines. The 20-year U.S. Treasury yield traded at 5.434%, down 14.6 basis points (bps) on the day; the 30-year yield stood at 5.385%, down 14.1 bps; the 10-year yield was at 5.054%, down 13.6 bps; and the 5-year yield dropped 11.5 bps.