Jin10 data reported on September 5, that Wanxiang Qianchao announced that the company evaluated and analyzed the assets within the scope of the consolidated financial statements to truly, accurately, and objectively reflect its financial condition and operating results. A provision for impairment losses was made for related assets that are expected to have a high possibility of impairment. In the first half of 2025, a total impairment loss of 155 million yuan was recognized for various assets, of which credit impairment losses amounted to 26.41 million yuan and asset impairment losses were 129 million yuan. This provision for impairment will reduce the total profit of the company for the first half of 2025 by 155 million yuan.

Odaily News Official news, on September 4th at 20:00 (UTC+8), the Layer 2 project Zyra, focusing on RWA and DePIN, will open network participation access for early community users. According to the official introduction, Zyra is committed to building an on-chain credit infrastructure driven by ordinary users, focusing on high-yield debt, structured assets, and the on-chain pathways for real-world returns. The project adopts a multi-node verification architecture and combines an intelligent credit scoring mechanism, aiming to provide more robust asset support for Web 3 finance.

BlockBeats news, on September 4, the AI credit stablecoin protocol USD.AI announced that it will increase the deposit limit from 110 million USD to 160 million USD at 8 PM tonight. In addition, the next increase in the deposit limit will be synchronized with the release of the Plasma Mainnet. BlockBeats previously reported that on August 28, USD.AI announced a partnership with Plasma, which will be deployed on the first day of the Plasma Mainnet launch, allowing users to use.

PANews, September 4th news, according to official news, the RWA commercial lending protocol Kasu announced that it has received a strategic investment of $1 million from the XDC Network. According to reports, Kasu is a credit infrastructure platform that connects DeFi capital with vetted real-world credit opportunities. With the support of institutional lenders and integrated with compliant RWA protocols, Kasu provides depositors with access to yield-generating credit markets through smart contracts and structured tranches.

Jin10 data reported on September 3rd that the liquidity gap in September is attracting significant market attention. On one hand, the scale of maturities in the open market has increased substantially at the beginning of September; on the other hand, it is disturbed by factors such as the maturity of medium- and long-term funds and accelerated credit issuance. Experts believe that the Central Bank is expected to make a strong push at the beginning of September to maintain ample liquidity, and the central rate of funds is expected to be lower than the policy rate.

According to ChainCatcher news, the decentralized identifier and verification platform Creditlink ($CDL) has surpassed a total subscription amount of 250 million USD in its presale on the Four.Meme platform, with over 79,600 participating addresses, setting a presale record for the Four.Meme platform and repeatedly breaking BNBChian presale records. $CDL will be listed on Aster DEX and Pancake Swap on September 2, starting on-chain trading. The token presale price and market value will be announced before the opening. Creditlink's presale has generated extremely high community enthusiasm, demonstrating strong trust and anticipation for Creditlink. The platform is committed to building an AI-driven on-chain identification and credit system, promoting

The on-chain credit scoring platform Creditlink Token $CDL raised over 53 million USD and 1 million FORM within 3 hours of its presale launch on Four.Meme, breaking the fundraising record on the BNB Chain.

According to ChainCatcher news, the on-chain credit scoring platform Creditlink Token $CDL raised over 17 million USD1 and 23,800 FORM just 5 minutes after the presale opened on Four.Meme. Pre-sale entrance:

Gate News Bot news, on August 27, according to CoinMarketCap data, as of the time of writing, SKY (Sky) is currently priced at $0.07, with a 24-hour rise of 8.40%, reaching a high of $0.07 and a low of $0.06. The current market capitalization is approximately $1.559 billion, an increase of $121 million compared to yesterday. Important recent news about SKY: 1️⃣ **S&P Global first rates DeFi protocol SKY** On August 11, the globally renowned rating agency Standard & Poor's (S&P Global) issued its first credit rating for decentralized finance (DeFi) protocols, assigning the SKY protocol a "B" rating. This marks the beginning of traditional financial rating agencies paying attention to and recognizing DeFi projects, which is expected to enhance SKY's recognition among institutional investors. 2️⃣

BlockBeats news, on August 26, according to official news, Plasma announced a collaboration with Wildcat to jointly build a transparent private credit layer to support a new global financial system. WildcatFi is a customizable unsecured credit market that has facilitated over $165 billion in lending to date. The collaboration will unlock lending models that traditional markets cannot support, including short-term financing facilities, enabling T+0/T+1 real-time settlement, providing critical support for payment financing, allowing buyers to receive goods before payment. Plasma aims to drive the development of global payment infrastructure by embedding Wildcat's credit features, addressing everyday financial pain points for billions of users. Wildcat will act as the launch partner on the first day of the Plasma Mainnet test version.

Four.Meme announced on the X platform that it will launch the Creditlink (CDL) presale, building an AI-driven on-chain identification and credit scoring system. The presale period is from August 28 to 30, with a purchase limit of 50 to 4000 USD per Wallet, and participation does not require FOUR CREDIT.

The Central Bank will carry out a medium-term lending facility (MLF) operation of 600 billion yuan, with a net injection of 300 billion yuan in August, indicating a continued easing of monetary policy. Although the space for reserve requirement ratio cuts is limited, the focus of policy may shift to flexible implementation and precise transmission to protect credit and market expectations.

Gate News Bot news, on August 22, according to CoinMarketCap data, as of the time of writing, YZY (YZY MONEY) is currently priced at 0.84 USD, having fallen by 67.34% in the last 24 hours, with a high of 3.16 USD and a low of 0.77 USD. The current market capitalization is approximately 252 million USD, a decrease of 520 million USD compared to yesterday. YZY MONEY is a financial system concept aimed at freeing users from centralized authority control. YZY is the base currency for all transactions within YZY MONEY. The project includes two main components: YZY Pay and YZY Card. YZY Pay is a cryptocurrency payment processor designed to reduce the high fees that merchants commonly face and accepts credit card and cryptocurrency payments. YZY Card, on the other hand, is a means to spend YZY and USD globally.

Bitget Wallet has launched deRWA trading for Centrifuge, with the first tradable asset being the tokenized asset deJAAA of the Janus Henderson Anemoy AAA CLO fund. Users can trade institutional-grade credit assets directly in their hosted wallet, expanding the asset coverage in the Decentralized Finance field.

YZY Money has launched a new coin YZY, based on the Solana blockchain, supporting encryption payments through Ye Pay. Users can purchase it using credit cards or USDC and trade on the Jupiter App. A contract address random selection mechanism is adopted, the official liquidity pool is now online, and the team's share is locked and unlocked as planned. YZY and related projects do not constitute an investment contract or security.

BlockBeats news, on August 21, the Fed released the minutes from the July meeting, which mentioned that the recent rise in stock prices and the narrowing of credit spreads indicate that the market believes the overall U.S. economy remains resilient; however, the financial markets seem to have begun differentiating based on the scale and quality of corporate earnings. The valuation of the S&P 500 index continues to be above the long-term average, primarily due to optimistic expectations about the potential benefits of large tech companies from further applications of artificial intelligence (AI). However, the valuation of small-cap stock indices, despite rising during the meeting interval, remains below historical averages. (Jin10)

Odaily News "AI stablecoin" project USD.AI officially announced that it has been launched. Users can deposit USDC on the Arbitrum network to exchange for USDai, and then they can stake to obtain sUSDai. Depositors will accumulate points, which will be used for future airdrops and public sales (FDV valuation of 300 million USD). Previously, it was reported that the stablecoin protocol USD.AI, which provides credit for AI, completed a $13 million Series A financing round, led by Framework Ventures, with participation from Bullish, Dragonfly, Arbitrum, and others.

Gauntlet has partnered with FalconX to launch a leveraged RWA investment strategy, with technical support from Morpho Labs, allowing users to borrow USDC by collateralizing Pareto FalconX Credit Vault tokens, enabling leveraged investments while ensuring strict risk control.

Golden Finance reports that Nasdaq-listed company Empery Digital has announced it has secured $25 million in credit financing intended for stock buybacks. Additionally, the company has announced it has acquired an additional 25.20 Bitcoins, with a total acquisition price of $3 million. Currently, the Bitcoin holdings have reached 4,051.90 coins, with a total acquisition price of approximately $476 million, and the average purchase price per Bitcoin is $117,554.

Odaily News According to a report by Cointelegraph, the Assets Under Management of tokenized assets has reached a historic high of approximately 270 billion dollars, covering asset classes such as Digital Money, commodities, government bonds, private credit, equity, and venture capital.

Institutional investors have long been accustomed to chasing liquidity premiums, believing that locking up capital in private equity, credit, or venture capital will yield higher returns. However, Jeff Park, the active portfolio manager at Bitwise Asset Management and Chief Information Officer of ProCap BTC, stated that this framework does not translate well to Crypto Assets.

Golden Finance reported that, according to Bloomberg, Strategy's Executive Chairman Michael Saylor is advancing a new financing experiment, planning to establish a Bitcoin credit business with a scale of up to $100 billion. As the largest corporate holder of Bitcoin in the world, Saylor has previously transformed a traditional software company into a major Bitcoin holding institution.

Jin10 Data, August 15 - Central Bank: In the next stage, the financial system will continue to adhere to the fundamental purpose of serving the real economy, focusing on major national economic strategies, key areas, and weak links, supporting the main lines around technological innovation and expanding consumption, continuously optimizing the credit structure, promoting the adaptation of credit supply to economic structural adjustments and dynamic balance, further meeting the effective financing needs of the real economy, and providing stronger and more efficient support for high-quality economic development.

Odaily News A joint report released on Thursday by crypto assets market maker Keyrock and Latin American exchange Bitso predicts that by 2030 the payment volume of stablecoins will exceed $1 trillion annually. This rise will be driven by institutional adoption of business-to-business (B2B), peer-to-peer (P2P), and credit card payment channels, which are already showing signs of rapid growth in these areas, while forex settlement may represent the largest untapped opportunity. In the coming years, all major fintech companies will ultimately integrate stablecoin infrastructure, just as software as a service (SaaS) tools have become ubiquitous. (CoinDesk)

Jin10 data, August 14 - Credit rating agency S&P Global upgraded India's long-term sovereign credit rating from "BBB-" to "BBB" on Thursday, citing India's economic resilience and ongoing fiscal consolidation. The agency had previously adjusted India's rating outlook from stable to positive in May last year due to strong economic growth and improvements in the quality of government spending. S&P stated in a release: "The upgrade of India's rating reflects its strong economic growth, while the strengthening monetary policy environment anchors inflation expectations. Coupled with the government's commitment to fiscal consolidation and efforts to improve spending quality, we believe these factors have collectively driven the improvement in credit metrics." However, S&P warned that if there is a political wavering in India's commitment to consolidating public finances, the rating could be downgraded; additionally, if economic growth slows significantly on a structural level, thereby undermining fiscal sustainability, it could also bring downward pressure. Of course, the rating could also further...

According to ChainCatcher news, Jin10 reported that Fed's Bostic stated that more and more people are using credit cards to purchase items they previously did not buy, reflecting consumer spending trends.

Odaily News According to a report by Cointelegraph, the RWA tokenization platform OpenEden announced a partnership with BNY Mellon, with the latter responsible for managing and custodying the underlying assets of its tokenized U.S. Treasury fund TBILL. The fund has received a Moody's "A" credit rating.

BlockBeats news, on August 9th, Strategy founder Michael Saylor stated in an interview with Bloomberg that over $100 trillion from traditional stock and credit markets could flow into digital asset-backed tools, which will outperform fiat currencies.

According to ChainCatcher news and an interview with Bloomberg, Strategy founder Michael Saylor stated today that over $100 trillion from traditional stock and credit markets could flow into digital asset-backed instruments, which will outperform fiat currency.

Odaily News RWA L1 public chain Pharos plans to integrate the Morpho network lending infrastructure into the Mainnet. The cooperation aims to bring on-chain real-world assets into a modular and transparent lending system. It is reported that the Morpho lending protocol currently secures over $9 billion in funds, marking a strategic step towards building credit channels for institutions and decentralized participants in the DeFi lending market.

Jinse Finance reports that S&P Global has assigned a credit rating of "B-" to the issuer of USDS, Sky Protocol. According to Sky, this is the first time the rating agency has issued a credit rating for a stablecoin system. According to S&P's official website, a B rating means that the entity is more vulnerable to adverse business, financial, and economic conditions but still has the capacity to meet its financial obligations. The report points out that "Outlook Stable" but also states that the rating of Sky is constrained by its highly concentrated depositors, highly concentrated governance structure, and weaker risk-adjusted capital strength. S&P noted that although founder Rune Christensen holds 9% of the governance tokens, due to the low voting rate, Christensen has significant power in determining the future direction of Sky.

Jin10 data reported on August 6, a macro trader at Goldman Sachs stated that a 30% probability of a U.S. economic recession may sound like a warning signal, but global stock markets remain resilient because, in the face of current market momentum, "shorting almost seems illogical." "The key is that the market cannot see far enough into the future. This is why it tends to ignore the risks of an economic recession," Paolo Schiavone wrote in the report. He pointed out that investors might overlook the possibility of a slowdown in the labor market, instead focusing on strong Liquidity and structural growth themes such as artificial intelligence and fiscal credit expansion.

Jin10 data reported on August 6, the Central Bank of Chile: will launch an international reserve accumulation plan in the next three years, with a maximum daily accumulation of 25 million USD. This measure is part of the financial management strategy, aimed at gradually replacing part of the existing foreign currency credit lines with the country's international reserves. The plan will be launched on August 8, and is expected to accumulate about 18.5 billion USD over three years. The measure will be reviewed every six months, and adjustments may be made if there are significant changes in market conditions. This measure is in line with the inflation targeting system and the floating exchange rate system.

Jin10 reported on August 4 that UBS strategists stated in a report that due to the resilience of the Eurozone economy, Euro-denominated credit may perform better than USD-denominated credit. The strategists noted that the reduction of uncertainty in trade policies may also support Euro credit. They mentioned that the negative impact of U.S. tariffs on the Eurozone could be partially offset by increased demand for European assets instead of U.S. assets.

ChainCatcher news, Arthur Hayes tweeted that under the backdrop of the impending U.S. tariff legislation in the third quarter and the slowdown in credit growth of major economies, Bitcoin price is testing the 100,000 USD mark, while Ethereum is testing the 3,000 USD support level.

Goldman Sachs credit strategists warn investors to hedge risks, despite the clarity in tariff prospects from agreements with U.S. trade partners and credit spreads falling to their lowest since 2007. However, the weak economic growth and the Fed's lack of clear signals for rate cuts still need to be followed, and investors should maintain hedging measures to address potential downside risks.

Odaily News VERT Capital, a Brazilian credit structure and securities finance company, plans to tokenize up to $1 billion in debt and receivables on the XDC network. As part of the transaction, the two companies will transfer financial instruments such as corporate debt, receivables from agribusiness enterprises, and structured credit products onto-chain over the next 30 months. (CoinDesk)

Everbright Securities pointed out that the US dollar stablecoin aids in the diversification of the US dollar's functions and enhances its international status, while alleviating the debt pressure on the United States. However, it still fundamentally relies on the credit of the US dollar and does not fundamentally solve the problem of the US dollar's twin deficits, which may exacerbate risks and affect the stability of the short-term and medium-to-long-term debt markets.

Digital asset broker FalconX is expanding into Latin America to meet the demand for Crypto Assets in the region. It is launching services in Brazil, with partners including BTG Pactual and Mercado Bitcoin, to optimize institutional trading, credit, and custody services.

Gate News Bot announced that on July 29, according to CoinMarketCap data, GEAR (Gearbox Protocol) is currently priced at $0.00478082, having risen 33.42% in the last 24 hours, with a peak of $0.00744443 and a low of $0.00342038. The current market capitalization is approximately $4.78 million, an increase of $1.2 million compared to yesterday. Currently, GEAR ranks 589th in global Crypto Assets market capitalization. Gearbox Protocol is a reimagined on-chain lending protocol that allows users to obtain 10x credit limits or engage in passive income lending across DeFi. The protocol abstracts credit accounts with the aim of seamlessly integrating DeFi into any wallet, making it more accessible and user-friendly. Gearbox supports liquidity.

According to BlockBeats news, on July 28, the Find Steel Group announced a strategic cooperation with Yuan Coin Technology. The two parties will focus on cooperation in three areas: settlement in bulk commodity smart contracts, digital trade financing, and supply chain tracking. Find Steel International will fully support stablecoin settlement. Both parties believe that this move will further enhance transparency in bulk commodity transactions, drop the credit costs for both parties, and improve the efficiency of cross-border trade. In the future, Yuan Coin Technology will provide support, exchange services, and compliance guarantees, as both parties use compliant stablecoins (valued in HKD or USD) as settlement tools to reduce transaction costs, jointly promoting the application of blockchain and stablecoin technology in international trade. (36 Krypton)

Citigroup has launched the "Strata Elite" credit card aimed at high-net-worth clients, with an annual fee of $595 and benefits worth nearly $1,500, designed to compete with JPMorgan Chase and American Express, and the annual fee is lower than JPMorgan Chase's Sapphire Reserve.

On July 26, Jin10 reported that Finland has encountered its first credit rating downgrade in nearly a decade due to the government's failure to control the continuously expanding debt levels. Fitch Ratings announced on Friday evening that it has downgraded Finland's long-term sovereign credit rating from AA+ to AA, the lowest among the three major rating agencies. "The level of government debt in Finland remains high and continues to rise. We expect a lack of sufficient fiscal consolidation measures in the medium term to stabilize the debt levels," Fitch pointed out in its statement. Finnish Prime Minister Orpo's government is attempting to repair the long-standing fiscal situation plagued by deficits. Since 2009, Finland's public finances have recorded deficits for several consecutive years. The current government has set a target to stabilize the debt-to-GDP ratio by 2027. The fundamental issue troubling the Finnish economy is that the transformation of its export-oriented industrial structure is still incomplete. Successive governments have failed to effectively cut spending to address the fiscal gap brought about by declining revenues from core industries.

On July 25, Jin10 reported that Wang Qing, chief macro analyst at Dongfang Jincheng, believes that the current mid-term liquidity continues to see a net inflow, mainly due to two factors: first, the pace of government bond issuance remains fast, coupled with an accelerated pace of credit issuance, requiring monetary policy to work in conjunction with fiscal policy; second, the Central Bank continues to maintain the intensity of quantity-based tool operations, signaling that monetary policy remains supportive, stabilizing market expectations and providing a favorable environment for credit expansion. Looking ahead to the second half of the year, Wang Qing believes that the probability of reserve requirement ratio cuts and interest rate reductions in the short term is low, but under the general direction of "expanding domestic demand and stabilizing growth," monetary policy will continue to take positive actions.

According to Jinse Finance and CoinDesk, Brazilian securitization company VERT has launched a private sale credit platform on the XRP Ledger blockchain and completed its first issuance, successfully raising 700 million Brazilian Reais (about 130 million USD) in agricultural receivables certificates (CRA). The platform aims to modernize Brazil's $200 billion private credit market, enhancing transaction transparency and traceability through blockchain technology, providing more reliable information for investors and regulators.

Mercurity Fintech Holding has signed a $200 million equity credit protocol with Solana Ventures, aimed at advancing its Solana funding strategy, planning to accumulate Solana Tokens and invest in related projects. At the same time, this strategy does not replace its $800 million Bitcoin reserve plan.

Profusa Inc. announced that it has signed an agreement with Ascent Partners Fund to raise up to $100 million through the issuance of common stock, with net proceeds to be used to purchase Bitcoin, provided that the cash balance is above $5 million. The sale price will be calculated based on the average price of the trading day, and if cash is below $5.2 million, priority will be given to replenish that amount.