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Techub News reports that Coinbase's Layer 2 network, Base, has officially launched the Cobalt upgrade on the mainnet. This upgrade aims to enhance transaction flexibility and achieve automation in upgrades to simplify future network development and reduce operational disruptions. Cobalt is a significant engineering improvement for the Base network, with its core goal being to provide developers and users with a more stable and efficient experience by enhancing transaction processing capabilities and automating the upgrade process. This upgrade is part of Base network's ongoing efforts to optimize its infrastructure. (Crypto Briefing)
Techub News reported that the payment giant Stripe has announced that the stablecoin Open USD (OUSD) will be set as the default stablecoin for its commercial payment services. This move aims to reshape commercial payments by sharing economic benefits and improving the efficiency of cross-border transactions. (Crypto Briefing)
Techub News reports that during his visit to Nanjing University, Hong Kong's Secretary for Financial Services and the Treasury, Paul Chan, delivered a speech highlighting that artificial intelligence is reducing search and transaction costs, driving enterprises to redesign operational processes and spur new business models. He emphasized Hong Kong's strengths in finance, innovation and technology, professional services, and internationalization, which can be integrated with the industrial foundation of Nanjing and Jiangsu to jointly promote the transformation of research results and industrial development. The delegation subsequently held discussions with university representatives and alumni companies to explore collaboration opportunities in fields such as artificial intelligence, optical chips, and life sciences, as well as to facilitate connections between industry and capital. (Hong Kong Government News Bulletin)
Techub News reports that HSBC and Ant Digital Technologies have announced the completion of a technical test exploring how AI agents can use tokenized bank deposits to pay for digital services. The test combined HSBC's Tokenized Deposit Service (TDS), Ant Digital Technologies' Jovay Layer 2 blockchain testnet, and the Anvita Flow network. (CoinGape)
Techub News reports that the cryptocurrency intelligence platform Arkham has announced the launch of a comprehensive cross-chain bridge transaction tracking feature. Users can now track the details of transactions on both the source and destination chains of cross-chain transfers. The first batch of supported cross-chain bridges includes Hyperunit, deBridge, Circle’s Cross-Chain Transfer Protocol (CCTP), Across, and Relay, with plans to support more cross-chain bridges in the future.
Techub News reports that Coinbase posted on platform X summarizing the new features added in September, including users being able to apply for IPO stock subscriptions, conduct transactions through Grok AI agents, directly trade Cashtags on platform X, use prediction markets in Coinbase Wallet, and use HYPE and ZEC as collateral for loans.
Techub News reports that according to Visa's latest disclosed data, nearly 17% of the total transaction volume of stablecoin-linked cards in the current fiscal year 2026 comes from corporate and commercial projects. Currently, Visa supports more than 160 stablecoin-linked card projects, with the total payment volume (Payment Volume) of related cards increasing by nearly 200% year-on-year. (The Block)
Techub News reports that blockchain data analysis platform Arkham has announced the addition of a right-click shortcut feature, allowing users to quickly verify cross-chain bridge transactions. This feature aims to enhance operational efficiency for users when tracking cross-chain fund flows. Arkham stated that this feature simplifies the process of verifying cross-chain transactions. Users can now directly invoke Arkham's verification tool by right-clicking on the transaction hash, without the need to manually copy and paste information. The platform believes that this move may set a new user experience standard for blockchain data analysis platforms. (Crypto Briefing)
Techub News reports that the cryptocurrency research institution Delphi Digital posted on platform X, stating that the tokenized stock business is shifting towards competition in distribution. Tokenizing stocks has become straightforward, with most issuers purchasing underlying stocks through brokers and minting tokens, allowing buyers to choose between tokens that offer nearly identical exposure. Whoever can display tokens to the most investors will take the lead. Exchanges have an advantage in this competition due to their existing trader bases. Binance's bStocks and Kraken's xStocks are two of the top three platforms, and together with Ondo, they dominate the majority of the wrapped stock market share. Widespread listing only helps when token transaction costs are low, and investors will choose the version offering the best price. The winning issuer will combine the broadest coverage with the deepest market liquidity. (@Delphi_Digital)
Techub News reports that Jeonbuk Bank, under the JB Financial Group of South Korea, in collaboration with the Solana Foundation and Node Infra, has completed a proof of concept (PoC) for stablecoin cross-border remittance. This PoC, conducted in an actual banking environment, successfully linked the processes of Korean won deposit, stablecoin exchange, bank custody, cross-border settlement, and payment by local banks. The solution utilizes Solana's private channels, where transaction counterparts and amounts are not directly disclosed on the public chain. Only the deposit details and final settlement results are recorded on the public chain. The exchange of stablecoins is also managed by the bank custody system, instead of relying on an external cross-chain bridge. Jeonbuk Bank plans to integrate this technology with the "Bravo Korea" service aimed at foreign residents in Korea once the relevant regulations are established in Korea. (Edaily)
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