Odaily Planet Daily reports that Bank of America CEO Brian Moynihan pointed out that the U.S. economy is far larger than the Federal Reserve (Fed), and the latter shouldn't occupy so much public attention. In an interview on CBS's "Face the Nation" program last Sunday, Moynihan was asked about Trump's impending nomination of a new Fed chairman to succeed Powell, and what this means for consumers. "People are too obsessed with the Fed," Moynihan said. He added that the economy is driven by the private sector, which includes small, medium, and large businesses and entrepreneurs. "The idea that our fate hangs on the Fed's 25-basis-point rate adjustment seems like complete nonsense to me," he stated. (Jinshi)

According to an official announcement, Gate will launch spot trading of Lighter (LIT) on December 30th at 16:45 (UTC+8).

Odaily Planet Daily reports that Backpack announced on its X platform that the Lighter (LIT) perpetual contract is now available on Backpack, with zero-fee trading available for the next 7 days.

According to the official Twitter account of Odaily Planet Daily, BTTC Bridge Beta was officially released today. This release aims to completely reshape the multi-chain asset liquidity experience through a simplified interface. Its innovative underlying architecture not only ensures efficient synchronization of cross-chain states, creating a decentralized environment that combines high security and efficiency for users, but also helps them say goodbye to complex operations. Users can now experience seamless cross-chain transactions through the test link, achieving truly free asset flow under secure and efficient protection, ushering in a brand-new experience of cross-chain asset transactions.

According to Odaily Planet Daily, R2's official website shows that its total value locked (TVL) has officially surpassed $10,000,000. This milestone signifies a new stage in R2's product maturity and channel acceptance in the on-chain real-return (RTR) market. This continued growth in TVL is primarily attributed to the recent integration of multiple institutional and on-chain channels, as well as R2's steady expansion in the RWA (Real-Waste Asset) yield landscape. With more real funds and long-term allocation users joining, R2's yield infrastructure is being used more extensively in real-world scenarios. As a global on-chain real-return infrastructure, the R2 Protocol has integrated with over 10 institutional asset managers, covering various compliant RWA assets, including US Treasury bonds, institutional credit, and money market funds. All underlying yields are presented on-chain, ensuring transparency, verifiability, and traceability, providing a stable and reliable yield foundation for users, wallets, exchanges, and various applications. R2 stated that it will continue to expand channel partnerships in Latin America, Europe, and Asia, and gradually introduce more short-duration, high-certainty, high-yield assets. Simultaneously, the team will accelerate the deep integration with wallets, exchanges, payment and fintech applications, promoting the realization of real returns in more user terminals and application scenarios. R2's long-term vision remains clear: Yield for Everyone, enabling any user and any application globally to easily access transparent real-world returns.