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Updated: August 7, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Thailand grants tax exemption for licensed crypto trading through 2029 Wells Fargo to launch tokenized deposits this fall MetaMaskUpdated: August 7, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Thailand grants tax exemption for licensed crypto trading through 2029 Wells Fargo to launch tokenized deposits this fall MetaMask
Learn/Featured Content/MEXC On-Chain Daily Report: Tether Expands Tokenization Business into Saudi Arabia

MEXC On-Chain Daily Report: Tether Expands Tokenization Business into Saudi Arabia

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Sep 21, 2026MEXC
8 min
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Updated: August 7, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • Thailand grants tax exemption for licensed crypto trading through 2029
  • Wells Fargo to launch tokenized deposits this fall
  • MetaMask launches a self-custodial AI agent wallet
  • CFTC Chair emphasizes innovation-friendly derivatives regulation
  • Wintermute secures U.S. broker-dealer registration

Industry Updates

Uniswap Founder: Developing an Auto-Compounding Liquidity Mechanism for Uniswap LP Positions

According to Odaily, Uniswap founder Hayden said he is designing an auto-compounding liquidity mechanism for pools.trade. Once a liquidity position is deposited into a smart contract, anyone may collect all unclaimed fees, provided they increase the position’s liquidity by 0.2%. When accumulated fees exceed 0.2% of the liquidity’s value, searchers gain an economic incentive to execute the compounding operation. Based on the Uniswap token jar, the mechanism could also be applied to standard Uniswap LP positions and will be incorporated into the project’s future roadmap.

SpaceX and Circle Enter ARKK’s Top 10 Holdings, Valued at Nearly $282 Million and $233 Million

According to Odaily, an ARKK holdings report from Ark Invest shows that SpaceX and Circle have become the fund’s fifth- and eighth-largest holdings, respectively. Their positions are valued at nearly $282 million and approximately $233 million, representing portfolio weights of 4.73% and 3.90%. The latest disclosures show that Ark Invest funds purchased a combined 181830 SpaceX shares and 273343 Circle shares. Circle reported second-quarter revenue and reserve income of $701 million, while USDC circulation reached $73.3 billion.

Rarible Officially Launches on Solana

According to Odaily, NFT marketplace Rarible has officially launched on Solana, featuring Claynosaurz as its first highlighted collection. The platform plans to onboard additional Solana NFT projects over the coming days and weeks. Rarible said its team spent several months developing and testing the integration while consulting ecosystem communities to better understand the culture and product needs of different projects. The previously launched Gacha Station served as an early experiment for this expansion, with further features, marketplace improvements and community initiatives planned.

Optimism Annual Report: OP Token Spending Reduced as Focus Shifts to OP Mainnet Growth and Enterprise Expansion

According to Odaily, the Optimism Foundation’s fourth annual operating report shows that approximately 150 million OP tokens were committed across Season 8 and Season 9, around one-third less than in the third year, while user airdrops fell to 0 tokens. The foundation concentrated its resources on growing OP Mainnet and expanding the OP Enterprise customer base. OP Mainnet’s monthly transaction volume increased by more than 60% during the fourth year. A governance-approved buyback program has acquired more than 9 million OP tokens, and future token deployment will continue to emphasize strategic objectives and capital efficiency.

Blockchain.com Secures Cayman Islands VASP Custody License

According to Odaily, Blockchain.com has received a Virtual Asset Service Provider custody license from the Cayman Islands Monetary Authority. The license permits the company to offer regulated crypto-asset custody, crypto-to-fiat exchange and crypto-to-crypto exchange services in the jurisdiction. It was approved on July 22, 2026, following conditional approval in December 2025. Blockchain.com has held a local VASP registration since May 2022 and recently obtained a MiCA license in Europe and registration with the United Kingdom’s Financial Conduct Authority.

JPMorgan: Hyperliquid ETF Inflows Are Cooling as Competition Threatens Market Share

According to CoinDesk, JPMorgan noted that Hyperliquid-related ETFs led non-Bitcoin crypto funds in inflows during May and June, but their momentum weakened noticeably in July and early August. Analysts believe that regulated centralized trading venues gradually introducing crypto perpetual futures could divert trading activity away from decentralized platforms such as Hyperliquid. Hyperliquid is also expanding into prediction markets to reduce its reliance on perpetual futures trading fees, but competition in that sector is intensifying as well, leaving its future market share uncertain.

Moscow Exchange Plans Digital Custody Platform, Potentially Supporting Crypto Services by Late 2026

According to RBC, the Moscow Exchange is developing an independent digital custody platform for cryptocurrency trading, with a potential launch window between late 2026 and early 2027. The platform will not be built on the Moscow Exchange’s existing infrastructure or that of its National Settlement Depository subsidiary. As parts of Russia’s digital currency regulatory framework are expected to take effect on September 1, market participants are discussing models in which exchanges, banks and brokers separately handle trade matching, custody and asset registration. Several major Russian banks are also planning related services.

Arkham Integrates Coinbase’s x402 Standard, Enabling AI Agents to Pay API Fees On Demand with USDC

According to Odaily, blockchain analytics platform Arkham has integrated the x402 standard developed by Coinbase and governed by the Linux Foundation, allowing AI agents to pay Arkham API fees directly and in real time using USDC. By combining Coinbase Agentic Wallet with the Arkham API, traders can deploy AI agents to monitor large on-chain holders, identify whale accumulation or selling and analyze changes in wallet fund flows in real time. The integration advances blockchain data services toward machine-native payment models.

Tether Expands Tokenization Business into Saudi Arabia, Starting with Real Estate

According to Odaily, Tether will enter Saudi Arabia’s institutional real-estate tokenization market through its Hadron platform. It will collaborate with First Data and fintech company BKN301 to provide institutional investors with technology for issuing and managing tokenized assets. The partners plan to subsequently expand into other real-world asset categories, including energy and infrastructure financing. Tether said Saudi Arabia’s Vision 2030 and economic diversification strategy provide a practical environment in which Hadron can demonstrate its institutional-grade asset tokenization capabilities.

JPYC Completes $38 Million Series B Round Led by Japanese Logistics Group AZ-COM Maruwa

According to Odaily, Japanese yen stablecoin project JPYC has completed a ¥6 billion, equivalent to $38 million, Series B extension led by AZ-COM Maruwa Holdings. Since November 2021, JPYC has raised a cumulative $106 million across seven funding rounds. AZ-COM plans to use JPYC for business settlements involving partners including Amazon Japan and its network of 2300 subcontractors and drivers. JPYC currently has a market capitalization of $55.5 million, and its use in corporate settlements could expand the practical adoption of yen-denominated stablecoins.

MEXC Market Heatmap

Data Note: Based on real-time MEXC market data recorded before 09:30 (UTC+8). Figures may subsequently change with market fluctuations.

Top 24H Gainers: XPLK/USDT (+108.57%), TOFU/USDT (+35.84%), SKYAI/USDT (+30.35%)
Top 24H Trading Volume: BTC/USDT (321.799M), ETH/USDT (171.334M), USDC/USDT (54.354M)
Trending Meme Tokens: ASTEROIDBSC/USDT, NEET/USDT, V4/USDT
New Listing Announcement: ZAY/USDT, listing time: 2026-08-07 18:00:00 (UTC+8); UMX/USDT, listing time: 2026-08-07 19:00:00 (UTC+8)

On-Chain Calendar

High-Risk Token Unlocks
  • STABLE/USDT [Aug 8, 19:30] Unlock: 28.83m USDT, representing 3.55% of circulating supply; short-term sell pressure: High
  • MOVE/USDT [Aug 10, 01:30] Unlock: 1.24m USDT, representing 3.95% of circulating supply; short-term sell pressure: High
  • RAIN/USDT [Aug 11, 03:30] Unlock: 467.55m USDT, representing 5.22% of circulating supply; short-term sell pressure: High
  • LAYER/USDT [Aug 12, 04:30] Unlock: 1.64m USDT, representing 12.89% of circulating supply; short-term sell pressure: High
  • BB/USDT [Aug 12, 12:30] Unlock: 523,061.95 USDT, representing 9.04% of circulating supply; short-term sell pressure: High
  • PEAQ/USDT [Aug 13, 12:30] Unlock: 1.46m USDT, representing 3.54% of circulating supply; short-term sell pressure: High
  • STRK/USDT [Aug 15, 00:30] Unlock: 5.86m USDT, representing 3.35% of circulating supply; short-term sell pressure: High
  • CYBER/USDT [Aug 15, 01:30] Unlock: 1.17m USDT, representing 5.44% of circulating supply; short-term sell pressure: High
Key Macro Events
  • Aug 7, 16:00 — China | Foreign exchange authority | Foreign exchange reserve data [Reserve changes affect renminbi liquidity and risk-asset capital allocation]
  • Aug 7, 20:00 — Mexico | Statistics agency | Core inflation and headline inflation rates [Inflation shapes rate expectations, transmitting to the peso and capital flows]
  • Aug 7, 20:30 — United States | Labor authorities | Nonfarm payrolls, unemployment rate and average hourly earnings [Employment and wages affect rate-cut expectations, the dollar and risk-asset valuations]
  • Aug 7, 22:00 — United States | Richmond Fed President Barkin | Speech [Policy signals influence interest-rate expectations and U.S. dollar capital flows]
  • Aug 7, 23:00 — United States | Consumer survey | Consumer inflation expectations [Inflation expectations affect Treasury yields and risk-asset liquidity]

Security Alert

Users should remain vigilant against recent private messages and emails impersonating wallet support teams, project representatives or security personnel. Scammers often claim that an account is compromised or that users must claim an airdrop or migrate their assets, then direct victims to disclose seed phrases, visit fraudulent websites or sign malicious approvals. Once approved, these permissions may allow assets to be transferred directly from the wallet. MetaMask has warned that its support team will not proactively contact users through private messages or emails and will never request a Secret Recovery Phrase. Users should access wallet services only through official channels, carefully verify domains, contract addresses, approval recipients and transaction simulation results, never disclose seed phrases or private keys, and regularly revoke unused high-value token approvals.

MEXC Chain Observation Daily, updated daily, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.
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Risk Warning: The content of this article is for reference only and does not constitute any investment advice. The cryptocurrency market is volatile, please make a cautious decision based on your own situation.



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