WuBlockchain Weekly: Binance Hacked, ICE Invests in Trade.xyz, Musk Reposts, 38 U.S. Giants Oppose OKX Tokenized Stocks, etc

U.S. Treasury Secretary Scott Bessent recently highlighted the strategic importance of digital assets in maintaining the global hegemony of the U.S. dollar. He emphasized that over 90% of stablecoins are pegged to the dollar and backed by U.S. Treasury securities, creating a vital funding source for the government. This development underscores the growing integration between the crypto ecosystem and traditional sovereign debt markets. Meanwhile, the Intercontinental Exchange (ICE) is partnering with Trade.xyz to launch perpetual futures on regulated U.S. markets, utilizing Hyperliquid’s infrastructure for products pegged to stocks and commodities. These events signal a broader institutional shift toward tokenized financial infrastructure and the formalization of digital asset roles in national finance. While regulatory bodies like the CFTC explore new frameworks for AI-driven trading and market surveillance, the industry continues to face significant security challenges, evidenced by recent data breaches at major financial institutions. These developments collectively illustrate the maturation of the RWA market as it moves toward deeper institutional adoption and regulatory integration.