Techub News report, according to X user Ember monitoring, the "top address" that once used only 37.8 Ethereum (worth approximately $13,700) to buy 103 trillion SHIB (17.4% of the total supply) in 2020 has transferred 800 billion SHIB (worth approximately $4.91 million) to Coinmena over the past day. Currently, it still holds 95.42 trillion SHIB (16.2% of the total supply), worth approximately $588 million.

Techub News reports that Crypto In America journalist Eleanor Terrett tweeted that U.S. Senator Thom Tillis has stated he is ready to push for the "Clarity Act" to enter the markup stage in the Senate Banking Committee and will request that the chair schedule time after senators return. Tillis said that most banks' concerns regarding stablecoin yields have been heard and addressed, and that other stakeholders may continue to "engage in good faith." In terms of timing, he hopes to release the legislative text on stablecoin yields 4 to 5 days before formal consideration for stakeholders to preview, and expressed general support for Senator Cynthia Lummis's design approach regarding the impact on software developers and law enforcement.

Techub News reports, according to CoinDesk, Meta has begun rolling out stablecoin payments to some creators, allowing them to receive earnings in USDC on Solana or Polygon. The initiative, supported by payment company Stripe, enables eligible users to link crypto wallets and generate tax documents from Meta and Stripe related to creators' income and digital asset transactions. According to Meta's website, this feature is currently only available to select creators in Colombia and the Philippines.

Techub News, according to Onchain Lens monitoring, an address labeled as BitMine staked 111,496 ETH approximately 6 hours ago, worth about $253.27 million. To date, it has accumulated staking of 4,034,885 ETH, worth approximately $9.09 billion. Additionally, a newly created address starting with 0x448 received 20,000 ETH (worth about $44.8 million) from FalconX and currently holds 40,000 ETH (worth about $90.16 million), which may belong to BitMine.