According to a Reuters report on August 25th, BlockBeats reports that India plans to issue its first tokenized bond in September, issued by the state-owned power finance company REC, with an expected issuance size of less than 5 billion rupees (approximately US$57 million). Indian market regulators and the central bank are jointly promoting the pilot program, and the bond issuance and settlement will utilize blockchain technology.

Sources say the product is expected to launch during the annual fintech conference in Mumbai in September, initially targeting only a limited number of investors. Investors will participate through wholesale central bank digital currency (CBDC) wallets and e-securities wallets. The Indian depository is developing an e-wallet called DEMT 2.0 to record bond holdings via a distributed ledger.

The bond has an initial term of three months, and subsequent trading will be limited to participants who simultaneously hold both CBDC and security wallets. A secondary market for the tokenized bond is expected to emerge by December, and it will not be traded on traditional electronic trading platforms.

According to BlockBeats, on August 25th, Arthur Hayes stated that the Maelstrom Fund is currently at its "maximum exposure," with core bets including Bitcoin, Ether, Ethena, and Ether.fi. Hayes believes that regardless of how quickly or slowly US Treasury Secretary Bessenter increases dollar liquidity, Bitcoin will continue to rise, but market volatility will also increase. Therefore, unless you are a full-time trader, you should not use leverage.

Hayes also stated that Bessant's recent expansion of its long-term Treasury repurchase program could further increase dollar liquidity and drive up the prices of Bitcoin and other risk assets. He anticipates that if Treasury yields approach 5% again, the U.S. Treasury may further expand the repurchase program or take other measures to increase dollar liquidity.

According to BlockBeats, on August 25th, as Bitcoin broke through the $80,000 mark, it continued to drive a general rebound in the crypto market, with market risk appetite recovering and on-chain funds flowing back into the high-volatility meme sector. With new narratives emerging on networks such as Solana, BSC, and Robinhood Chain, several trending meme coins have quickly gained funding and community attention.

On Robinhood Chain, CASHCAT has recently shown strong performance, with the price currently around $0.209, almost reaching a new all-time high. The market capitalization is currently around $205 million, with a 24-hour increase of about 46%, a 6-hour increase of about 13%, and a 24-hour trading volume of about $12 million.

In addition, PONS on Robinhood Chain is also strengthening, with the price currently around $0.091 and the market capitalization around $64.8 million, representing a 24-hour increase of approximately 46%. PONS is the platform token of Pons, the mainstream Meme coin launching platform on Robinhood Chain.

It's worth noting that before Robinhood Chain gained momentum, the Base ecosystem briefly became a focal point for meme funding, with Basecat being a prime example. This meme was once seen as a symbol of the Base ecosystem's "Builder culture," even successfully listing on Coinbase, marking a significant milestone for Base memes at the time. However, as Robinhood Chain gained popularity, market attention shifted from Base to new targets with a stronger "platform-native narrative," such as CASHCAT and PONS. In contrast, while previous popular Base memes still maintained a community base, new funding and discussion were significantly diverted, and their popularity gradually faded from the main narrative.

According to DefiLlama data, Robinhood Chain's 24-hour DEX trading volume was approximately $645 million, and its cumulative trading volume over the past 7 days was approximately $3.68 billion, representing a 23.9% increase compared to the previous 7 days. In comparison, Robinhood Chain's 24-hour DEX trading volume has reached approximately 22% of Solana's and approximately 40% of Ethereum's.

The focus on the BSC network is on the new Meme coin SUE, which is currently priced at approximately $0.0021, with a market capitalization of approximately $2.09 million. It has seen a 24-hour increase of approximately 5910% and a 24-hour trading volume of approximately $8.1 million.

The new meme coin BATON on Solana has also attracted attention from the community. The meme's market capitalization is currently around $1.6 million, with an all-time high of around $2.5 million and a 6-hour trading volume of around $9.5 million.

BlockBeats Note: Meme coin trading is highly volatile, largely dependent on market sentiment and hype, and has no real value or use cases. Investors should be aware of the risks.