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- 23:05After the Federal Reserve cut interest rates, the US dollar recorded its worst single-day performance since SeptemberChainCatcher news, according to Golden Ten Data, on Wednesday, Federal Reserve Chairman Jerome Powell emphasized labor market risks in his speech while downplaying concerns about inflation, resulting in the dollar recording its worst performance in nearly three months. The US Dollar Index closed down 0.4%, marking its largest drop since September 16, after the Federal Reserve decided to cut interest rates by 0.25 percentage points. Bank of America strategist Alex Cohen stated that Powell's less optimistic stance on the labor market led to the dollar's decline. Macro strategist Edward Harrison pointed out that a weak dollar should be guided by bonds and interest rate differentials.
- 23:01State Street and Galaxy to launch tokenized liquidity fund on Solana in 2026Jinse Finance reported that State Street and Galaxy Asset Management have announced plans to launch the tokenized liquidity fund SWEEP on Solana in early 2026, providing qualified institutions with 24/7 on-chain liquidity management. The fund will use PayPal stablecoin PYUSD as the subscription and redemption tool, and Ondo Finance has committed approximately $200 million as initial capital. After its launch, SWEEP will expand to Stellar and Ethereum, utilizing Chainlink technology for cross-chain data and asset processing.
- 22:54Norwegian central bank temporarily halts progress on CBDC planJinse Finance reported that the Central Bank of Norway stated there is currently no need to launch a central bank digital currency (CBDC), reinforcing the Nordic country's consistently conservative stance in this field. This conclusion marks a temporary end to the central bank's CBDC research over the past few years. Although Norway is one of the countries with the lowest cash usage rates in the world, making related discussions more urgent, the central bank has still decided to postpone the issuance of a CBDC.
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