According to BlockBeats news on November 27, the latest research released by the Fed shows that the top 100 banks in the United States and 100 non-bank financial institutions (NBFIs) have a high concentration risk at the "third-party service provider" level. If key cloud, payment, or core IT service providers experience a failure, it will quickly evolve into a cross-market systemic event. The model indicates that in extreme scenarios, the tail losses caused by systemic incidents could far exceed normal operational risks, with operational disruptions becoming the main source of loss rather than traditional credit events. From a macro-financial perspective, this study quantitatively confirms for the first time that "digital infrastructure failure" itself can trigger a financial crisis, rather than being merely an accompanying risk. When critical third-party nodes fail, it will simultaneously impact payment clearing, liquidity allocation, credit transmission, and risk hedging mechanisms, rapidly increasing the value of the dollar in the short term.

Swiss Amina Bank and the Crypto Finance Group under Deutsche Börse have successfully completed a pilot for real-time fiat Settlement on Google Cloud's universal ledger, validating the application potential of Distributed Ledger technology in cross-border payments and multi-currency Settlements, while complying with existing regulatory standards. This move provides a practical model for the transformation of the financial system.

BlockBeats reported that on November 27, Uniswap Labs tweeted that it has added support for the Monad Mainnet, allowing users to perform cross-chain and Token exchanges in the Uniswap app.

PANews, November 26 - According to The Block, the modular blockchain platform Avail has launched its cross-chain execution layer Nexus mainnet, supporting multiple ecosystems such as Ethereum, BNB Chain, and Base. Nexus adopts an intent-driven architecture and multi-source liquidity aggregation, allowing users to seamlessly transfer assets and execute operations across different chains. In the future, it will be through Avail.

Gate News Bot news, on November 26, according to CoinMarketCap data, as of the time of writing, CROSS (CROSS) is currently priced at 0.12 USD, with a rise of 16.69% in the last 24 hours, reaching a high of 0.13 USD and a low of 0.10 USD. The current market capitalization is approximately 40.3 million USD, an increase of 5.76 million USD compared to yesterday. The significant rise in CROSS's recent price may be partially influenced by changes in the overall market's technical aspects. Investors should closely monitor the trends and technical indicators of mainstream cryptocurrencies, while also considering the fundamental factors of CROSS itself to comprehensively assess investment risks.

Gate News Bot news, on November 26, according to CoinMarketCap data, as of the time of writing, QNT (Quant) is currently priced at $89.09, rising 12.62% in the last 24 hours, with a high of $89.96 and a low of $69.66. The 24-hour volume reached $3.52 million. The current market capitalization is approximately $1.076 billion, an increase of $120 million compared to yesterday. Quant is a blockchain project focused on building financial infrastructure. Its core product, Quant Flow, is a currency engine that supports programmable money, designed to drive scalability, automation, and accelerated development in the financial industry. Quant Flow provides automation solutions for cash management, payments, compliance, and cross-border transactions for banks and enterprises without the need to change existing banking relationships. The platform also supports assets in the capital markets.

Odaily News Stablecoin lending platform CreatorFi announced the completion of a $2 million strategic round of financing, with the Aptos Foundation and Aptos Labs participating and reaching a cooperation agreement. The new funding will support the acceleration of platform development, utilizing the Aptos cross-chain transfer protocol to help creators and businesses lend and receive payments in USDC. (PRNewswire)

Gate News Bot message, on November 25, according to CoinMarketCap data, as of the time of writing, COAI (ChainOpera AI) is currently priced at $0.65, with a 28.78% rise in the last 24 hours, peaking at $0.77 and dropping to a low of $0.46. The current market capitalization is approximately $121 million, an increase of $27.1 million compared to yesterday. ChainOpera AI is a collaborative intelligent AI agent network platform co-created and owned by the community. The project is driven by super AI applications, full-stack AI infrastructure, and AI-native blockchain, aiming to build a distributed specialized model and agent network for cross-modal collaborative intelligence. ChainOpera AI provides AI terminal applications, AI agent development platform, and decentralized models.

Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, IOST (IOST) is currently priced at $0.00204268, with a rise of 20.44% in the last 24 hours, reaching a high of $0.00206083 and a low of $0.00162814. The current market capitalization is approximately $60.1 million, an increase of $1.02 million compared to yesterday. IOST is a high-performance blockchain platform designed for asset tokenization. As the first multi-chain physical asset infrastructure, IOST 3.0 is committed to bringing real-world assets into the Web3 space, transforming the $300 billion bond market and traditional finance into borderless, highly liquid, and programmable assets. IOST features a high-performance Layer-2 architecture, cross-chain interoperability, institutional-grade security, and compliant identity verification.

ZetaChain has released a new version of ZetaClient, enhancing cross-chain trading capabilities and achieving multi-deposit/multi-call, with a target block time of 2 seconds. The new version optimizes the cross-chain process, improves the efficiency of Decentralized Finance/DEX, and supports interoperability between Sui and Solana.

MegaETH announced that it will open the USDm pre-storage channel today at 22:00, with a limit of 250 million USD. Users can obtain USDm Tokens in December. The cross-chain bridges will be launched on November 25, allowing Ethereum USDC to be exchanged for Mega Mainnet USDm.

Gate News Bot message, on November 25, according to CoinMarketCap data, YALA (Yala) is currently priced at 0.04 USD, rising 51.18% in the last 24 hours, with a peak of 0.04 USD and a low of 0.02 USD. The current market capitalization is approximately 9.83 million USD, an increase of 3.33 million USD from yesterday. Yala is a Bitcoin liquidity platform that mints $YU stablecoins by over-collateralizing BTC, providing cross-chain liquidity and yields for DeFi protocols, real-world assets, and more. Yala offers true autonomy: self-custody, low liquidation risk, and full Bitcoin exposure. Yala's Lite Mode has now been extended to September 25, with an additional day's interest of 20% APR. Important news about YALA recently: 1️⃣ **YU stablecoin seriously depegged**

BlockBeats news, on November 24, according to official information, Circle announced that USDC, CCTP, Circle Wallets, and Circle Contracts are now available for Monad, enabling secure, always-on Settlement for high-performance DeFi, achieving seamless cross-chain interoperability, and enterprise-grade developer services.

The European Central Bank released a preview of its financial stability review, predicting that the market capitalization of stablecoins will exceed $280 billion by 2025, with USDT and USDC accounting for nearly 90%. The report warns that the widespread use of stablecoins may weaken banks' funding sources and highlights the need for cross-border risk and global regulatory coordination.

Analyst Ali pointed out that Bitcoin has recently shown five sell signals, including a bearish MACD, death cross, loss of support, and multiple indicators issuing sell signals, indicating a potential significant pullback. Key support levels are $75,740, $56,160, and $52,820.

Gate News Bot news, on November 24, according to CoinMarketCap, as of the time of writing, MITO (Mitosis) is currently priced at $0.09, rising 12.58% in the last 24 hours, with a high of $0.10 and a low of $0.07. The current market capitalization is approximately $16.9 million, an increase of $1.89 million from yesterday. Important news about MITO recently: 1️⃣ **Mitosis ecosystem continues to expand** The Mitosis project has recently made significant progress in the DeFi space. The project has significantly enhanced the interoperability and user engagement of its ecosystem by introducing new liquidity mining programs and cross-chain bridging features. These initiatives have effectively stimulated the demand for MIT tokens, making them one of the main factors driving the price rise. 2️⃣ **Technical upgrade optimization network

Gate Alpha will launch the 20th round of the points treasure hunt event on November 22. Users need to hold ≥100 Gate Alpha points to participate. Each round allows an investment of 1-10 points for the lottery, with the probability of winning being proportional to the investment. There will be a total of 10 rounds, with a maximum reward of 2500 PLANCK per round. At the same time, Gate Alpha supports multiple popular public chains for seamless cross-chain trading.

PANews, November 21, news, the Governor of the People's Bank of China, Pan Gongsheng, recently attended the launch ceremony of the China-UAE Payment Cooperation Project together with the Vice President of the UAE, Mansour, and the Governor of the Central Bank, Khaled. The two sides signed a memorandum of understanding on cross-border payment connectivity, announced the interconnection of the two countries' fast payment systems, and supported online fast cross-border remittances for enterprises and individuals; witnessed the first transaction of the "UnionPay-Jaywan" dual-brand card; and officially launched the UAE multilateral digital currency bridge project JISR to promote bilateral financial cooperation and improve cross-border payment efficiency.

According to ChainCatcher news and a report from The Defiant, Dinari announced the integration of LayerZero to provide users with cross-chain access to tokenized US stocks. According to DeFiLlama data, Dinari's total Lock-up Position is approximately 45 million USD. The first round of deployment covers 4 blockchains and 200 tokenized US stocks, with plans to expand to over 150 blockchains on the LayerZero network in the future, ultimately covering the entire US stock market. Dinari CEO Gabe Otte stated that this integration deeply connects traditional market infrastructure with on-chain stock trading, providing cross-chain settlement capabilities for real US stocks while maintaining compliance. Dinari has received funding from VanEck Ventures and Hack.

PANews November 21 news, according to Reuters, Andrew Bailey, Chairman of the G20 Financial Stability Board (FSB), stated in a letter to G20 leaders that the rapid development of private credit markets and stablecoins urgently requires enhanced global regulatory cooperation. He warned that differences among countries in the regulation and prudential frameworks for stablecoins may increase systemic risks and called for the establishment of cross-border compliance mechanisms. At the same time, he emphasized that the slow progress of major economies in implementing the Basel III global banking capital standards should also be taken seriously.

Gate News Bot News, on November 21, according to CoinMarketCap data, as of the time of writing, FOLKS (Folks Finance) is currently priced at 9.76 USD, with a rise of 56.98% in the last 24 hours, reaching a high of 9.90 USD and a low of 5.22 USD. The trading volume in the last 24 hours has reached 38.5 million USD. The current market capitalization is approximately 119 million USD, an increase of 43.2 million USD compared to yesterday. FOLKS recent important news: 1️⃣ **Folks Finance launches cross-chain lending market** Folks Finance recently launched a native cross-chain lending market, and this innovative feature significantly enhances the platform's cross-chain interoperability. Users can now seamlessly conduct lending operations across different blockchain networks, greatly increasing the platform's utility and appeal, with the hope of

According to BlockBeats, on November 20, MegaETH announced the launch of a pre-deposit cross-chain bridge, allowing Ethereum USDC to be exchanged cross-chain for Mega Mainnet USDm, with a limit of USD 250 million, starting on November 25.

Gate News bot news, according to the official announcement from Gate on November 20, 2025. Gate will launch BOB spot trading on November 20, 2025, at 20:30 ( UTC+80, opening the BOB/USDT trading pair. The BOB project is dedicated to building a Bitcoin DeFi ecosystem by combining the security of Bitcoin with the flexibility of Ethereum, creating a liquidity and application platform for Bitcoin. The project employs hybrid chain technology, integrating ZK zero-knowledge proofs with BTC staking, to create a native bridge connecting Ethereum and Bitcoin)BitVM(, supporting users to perform cross-chain DeFi operations on 11+ chains.

According to ChainCatcher news and monitoring by GoPlus, the DMT (@dexmaxai) Airdrop has security risks. Users may be deceived into authorizing other Token during the process of receiving the Airdrop, resulting in the theft of assets from over a thousand users, with cross-chain asset transfers exceeding $130,000. It is recommended that users who have received the $DMT Airdrop quickly revoke relevant authorizations or transfer their assets to a safe Wallet. Currently, the official DexMax AI Twitter and website have been taken offline.

Gate News Bot news, on November 20, according to CoinMarketCap data, YALA (Yala) is currently priced at $0.04, with a rise of 17.15% in the last 24 hours, peaking at $0.05 and dropping to a low of $0.03. The current market capitalization is approximately $9.29 million, an increase of $1.36 million compared to yesterday. Yala is a platform that mints the $YU stablecoin by over-collateralizing Bitcoin. $YU can generate yields in DeFi protocols and real-world assets, achieving cross-chain liquidity. Yala offers true autonomy: self-custody, low liquidation risk, and full Bitcoin exposure. The platform has currently launched a loyalty program, where eligible users can earn 2x Berries by staying active from September 23 to December 8. Additionally, Yala has extended the Q2 snapshot to

PANews November 20 news, according to Phantom's official news, its Wallet now supports HyperEVM Tokens, allowing users to exchange tokens, cross-chain exchange from Solana, Ethereum, Base, and Sui to HYPE, as well as send and receive HyperEVM assets. HyperEVM is enabled by default, and users can customize the network enable status in the settings. Currently, only token trading and transfers are supported, and DApp interaction is not yet supported.

Gate News Bot news, on November 20, according to CoinMarketCap data, ZK (ZKsync) is currently priced at 0.05 USD, up 16.04% in the last 24 hours, with a high of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 479 million USD, an increase of 66.61 million USD compared to yesterday. ZKsync is a blockchain network protected by cryptographic technology rather than validators. Its cutting-edge zero-knowledge proof technology provides the necessary privacy, performance, and connectivity for businesses to thrive in the digital asset economy. ZKsync connects public chains and private chains, forming a single cryptographically secure network. It allows users to launch, control, and monetize their own chains while maintaining a connection to global liquidity. ZKsync also supports the tokenization of physical assets, building programmable capital markets, and real-time cross-border.

BlockBeats news, on November 19, according to official sources, the AI Agent market CreateAI, based on the GMPayer cross-chain payment hub and LazAI DAT (Data Anchoring Token) standard, officially launched today. The platform integrates the x402 instant payment protocol with DAT asset anchoring technology, providing users with a verifiable, Traceability, and automated distribution multi-chain payment experience, and aims to explore interactive expression models of AI, cultural content, and on-chain assets. CreateAI's first phase introduces the AI Agent "Xzuki" in tribute to Azuki, with a limited release of 20,000 interactions for minting. Users can interact through the x402 protocol with 0.1 METIS to obtain AI-generated DAT digital works and 25,000.

Gate News Bot news, on November 19, according to CoinMarketCap data, BICO (Biconomy) is currently priced at 0.06 USD, having risen 13.38% in the last 24 hours, with a high of 0.06 USD and a low of 0.05 USD. The current market capitalization is approximately 598,000 USD, an increase of 70,600 USD from yesterday. Biconomy is a cross-chain interface platform designed to simplify blockchain interactions. It allows users to perform complex DeFi operations without paying gas fees, set up recurring or scheduled transactions, and achieve automation. Biconomy supports single user signature transaction execution across multiple blockchains, providing a unified balance view and a one-click user onboarding experience. The platform is built on a modular account foundation and is compatible with the ERC-4337 and ERC-7579 standards.

Paxos Labs officially launched USDG0, a regulated stablecoin based on the LayerZero cross-chain standard, extending to blockchains such as Hyperliquid, Plume, and Aptos, with 1:1 USD reserve backing and regulatory oversight, enhancing its coverage.

Golden Finance reported that Wizzwoods has completed a $10 million Series A financing round, led jointly by Animoca Ventures and Infinity Ventures Crypto. It is reported that Wizzwoods is the first pixel farming game that integrates cross-chain functionality and social finance (SocialFi) features, based on the Telegram Mini-app (TG Mini-app) and

ChainCatcher news, the renowned NFT project Moonbirds has announced its entry into Camp Network. By collaborating with Camp Network and Remaster, it officially launches its official IP commercialization authorization. According to the cooperation plan, Moonbirds holders can participate in brand collaborations and commercial applications through Camp Network's source tracing protocol, covering cross-channel development of physical goods, digital derivatives, and more. The protocol will provide a verifiable authorization pathway and an automated royalty distribution mechanism. Camp Network indicates that this move marks a critical step in the NFT sector's transformation towards real-world asset IP, showcasing a new model for on-chain IP to expand into the fields of physical retail and gaming entertainment.

Gate News Bot message, on November 19, according to CoinMarketCap data, as of the time of writing, OLV (Solv Protocol) is currently priced at $0.02, with a rise of 18.74% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $24 million, which is an increase of nearly $3.79 million compared to yesterday. Important recent news about SOLV: 1️⃣ **Demand for yield-generating stablecoins rises** The demand for yield-generating stablecoins in the cryptocurrency market continues to rise, reflecting investors' preference for assets with stability and yield potential. This trend provides a favorable development environment for similar projects like SOLV, aiding in their market share expansion and value enhancement. 2️⃣ **Multi-chain deployment strategy becomes an industry trend** Cross-chain department

AIUSD has launched the world's first Agent Money infrastructure, connecting AI agents with users and enabling cross-chain routing and other functions. The system has maintained zero monthly drawdown over the past two and a half years, with a volume of USD 1 trillion. Meanwhile, AIUSD's parent company, Generative Alpha, has completed Pre-Seed financing, with investors including well-known investors from Silicon Valley and Wall Street.

AIUSD has launched the "Agentic AI Money Infrastructure", achieving cross-chain and cross-exchange trading management, with an annual trading volume reaching $1 trillion, zero drawdown for two and a half years, attracting 3 million users. The project has completed nearly eight-digit USD Pre-Seed financing, with a team composed of former experts from DeepMind, Citadel, and others.

Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, XRP (XRP) is currently priced at $2.20, with a rise of 2.01% in the last 24 hours, reaching a high of $2.52 and a low of $2.12, with a 24-hour volume of $5.761 billion. The current market capitalization is approximately $132.511 billion, an increase of $2.617 billion compared to yesterday. The XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of enterprises and developers, dedicated to solving problems and creating value. The XRPL has been running stably for over 10 years, offering simplified development, low transaction costs, high performance, and sustainability. Developers can use the XRPL to build various blockchain applications, including decentralized exchanges, cross-border payments, payment channels, multi-signature functionalities, and more. XRP

ChainCatcher message, the encryption wallet Phantom announced that its newly launched Phantom Terminal web version is now in Beta testing. The platform is aimed at professional users, supporting advanced charts, real-time data, and fast execution, and it synchronizes trading positions in real-time with the mobile version, enabling cross-device operations.

Golden Finance reports that the Ethereum account abstraction team has released the "Ethereum Interoperability Layer" (EIL) proposal, aimed at allowing all L2s to be used seamlessly as if they were on the same chain. EIL is based on ERC-4337, enabling users to complete cross-chain operations with a single signature within their wallet, without the need for cross-chain bridges or relays, while maintaining self-custody and anti-censorship features, thus achieving a unified experience for the Ethereum multi-chain ecosystem.

PANews November 18 news, according to Bloomberg, HSBC Holdings Plc will launch tokenization deposit services for corporate clients in the United States and the United Arab Emirates in the first half of next year. Manish Kohli, head of global payment solutions at HSBC, stated that the tokenization deposit service allows clients to conduct real-time domestic and cross-border fund transfers 24/7, without being limited to business hours, and this system helps large enterprises manage liquidity more efficiently. HSBC's tokenization service has been launched in Hong Kong, Singapore, the UK, and Luxembourg, and currently, the bank supports transactions in euros, pounds, dollars, Hong Kong dollars, and Singapore dollars. Kohli stated that when the service expands to the Middle East next year, the UAE dirham will be added. According to Kohli, HSBC plans to expand the application scenarios for tokenized deposits in programmable payments and autonomous vaults.

Odaily News Hong Kong Special Administrative Region Financial Services and the Treasury Secretary Hui Zhengyu elaborated in an exclusive interview on Hong Kong's strategic layout in financial technology, asset management, and commodity markets, aiming to leverage the advantages of "one country, two systems" to create the country’s "international asset custody box" and support the strategy for a strong financial nation. Hui emphasized that the goal of developing financial technology (FinTech) is to "empower the real economy," rather than speculative trading. He cited asset tokenization (Tokenization/RWA) as an example, pointing out that Hong Kong is exploring its application in real economic scenarios such as international shipping leasing and corporate fund management, and mentioned that the successful issuance of the third batch of digital green bonds by the SAR government is an important step towards normalization. Hong Kong has enacted relevant laws, with the goal of starting the issuance of stablecoin licenses next year, but the initial number of licenses will be very limited, and regulation will be prudent, clearly stating that stablecoins are aimed at addressing pain points in the real economy such as cross-border payments.

ChainCatcher news, according to the official blog of the Ethereum Foundation, the Ethereum Foundation account abstraction team has officially proposed the "Ethereum Interop Layer" plan, aimed at making all layer two networks feel like a single unified Ethereum chain. This plan is constructed based on the ERC-4337 account abstraction standard and the principles of trustless declaration, allowing users to complete cross-chain transactions with a single signature, without the need to add new trust assumptions. Users can directly initiate and settle cross-layer operations from their Wallets, without relying on Relays or Solvers. The EIL aims to address the current fragmentation issues of layer two networks, including the need for users to manage token positions across multiple chains, complex cross-chain transfer processes, and reliance on third-party bridge services. With this plan, users only need to select assets and addresses in their Wallet and click send, and the Wallet will automatically handle inter-chain routing and asset delivery.

According to Foresight News, citing two informed officials from Reuters, Brazil is considering taxing international payments made with Crypto Assets. One insider revealed that the country's Ministry of Finance is contemplating expanding the scope of the financial transaction tax to include certain cross-border transfers made using virtual assets and stablecoins, which have been classified by the country's Central Bank as forex transactions. The Brazilian Ministry of Finance declined to comment on the matter to Reuters.

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, CLO (Yei Finance) is currently reported at $0.24, having pumped 19.85% in the last 24 hours, with a high of $0.24 and a low of $0.16. The current market capitalization is approximately $30.3 million, an increase of $5.03 million compared to yesterday. Yei Finance is a cross-chain DeFi protocol that offers services such as lending, trading, and cross-chain bridging. Its main products include the pre-staked vault, YeiLend, and YeiSwap. The pre-staked vault allows users to earn returns across multiple chains with a one-time deposit. YeiLend provides lending services to users, while YeiSwap is a decentralized exchange. Yei Finance is committed to providing users with efficient and low-cost cross-

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, CROSS (CROSS) is currently priced at $0.13, with a rise of 20.23% in the last 24 hours, reaching a high of $0.21 and a low of $0.09. The current market capitalization is approximately $42.2 million, an increase of $7.1 million compared to yesterday. CROSS is a decentralized protocol and infrastructure layer designed to empower open communities and achieve a transparent digital economy through token-based value coordination. Its mission is to cultivate a fair, accessible, and community-governed Web3 environment, where users are not just participants but also owners. The CROSS token ($CROSS) is the native token of the CROSS protocol, used to support transactions, reward participants, and sustain player-owned Web3 gaming ecosystems. CROSS recently

PANews reported on November 18 that Southeast Asian ride-hailing giant Grab has signed a memorandum of cooperation with Singapore stablecoin platform StraitsX, planning to create a Web3 wallet and stablecoin settlement network for the Asian market. The two parties will promote the integration of the Web3 wallet into the Grab App, enabling GrabPay merchants to accept stablecoins such as XSGD and XUSD, and achieve cross-border, real-time, and compliant settlement. The system will introduce smart contracts and on-chain fund management, with all user assets managed by non-hosted wallets in compliance with regulatory requirements.

Avalanche will launch the Granite upgrade this week, enhancing transaction speed and security, with settlement times shortened to 2 seconds. Core updates include dynamic transaction processing, drop in cross-chain costs, and biometric signature functionality. However, Avalanche faces economic challenges, with $1.4 billion in DeFi deposits lost, and whether this upgrade can turn the tide is a matter of follow.

Bitcoin liquidity and stablecoin project Yala recently updated that attackers stole 7.64 million USDC through a fake cross-chain bridge, causing YU to depeg. The team injected funds and restored liquidity, and law enforcement has arrested the attackers and recovered some of the funds. Due to market tensions, Yala is assessing funding needs and plans to provide a recovery plan before December 15.

PANews, November 17 - According to CoinDesk, the Secretariat of the African Continental Free Trade Area (AfCFTA) has jointly launched a digital trade initiative with the IOTA Foundation, placing stablecoin-based settlement at the core of reshaping the cross-border flow of goods in Africa. An announcement released on Monday indicated that the "Africa Digital Trade Access and Public Infrastructure Program" (ADAPT), established in collaboration with the Tony Blair Institute and the World Economic Forum (WEF), will build a shared, Open Source digital public infrastructure for the 55 member countries of Africa. The initiative aims to achieve instant cross-border payments, verifiable digital trade documents, and interoperable digital identity verification. Although the initiative is positioned as a modernization upgrade of trade processes, stakeholders have indicated that stablecoins (especially USDT) are expected to be the key drivers for its widespread adoption.

According to ChainCatcher, the South China Morning Post reported that Ant International and UBS have signed a strategic cooperation memorandum to collaborate in the field of Blockchain cross-border payment Settlement. According to the agreement, Ant International will use UBS Digital Cash, the blockchain payment platform launched by UBS last year, for global fund management operations to enhance efficiency, transparency, and security. Both parties will also explore joint innovations in tokenized deposits, including connection solutions involving Ant's proprietary blockchain platform, Whale. Kelvin Li, the Global General Manager of Ant International Platform Technology, stated that both parties share a common belief in the potential of these technologies to transform cross-border payments.

Gate News Bot news, on November 17, according to CoinMarketCap data, as of the time of writing, FIL (Filecoin) is currently priced at $1.96, down 3.60% in the last 24 hours, with a high of $2.89 and a low of $1.88, and a 24-hour volume of $339 million. The current market capitalization is approximately $1.408 billion, a decrease of about $52.65 million from yesterday. FIL currently ranks 53rd in the market capitalization leaderboard of Crypto Assets. Important news about FIL recently: 1️⃣ **Build cross-chain data bridges in collaboration with Avalanche** Filecoin is collaborating with Avalanche to develop a native cross-chain data bridge, connecting the Filecoin virtual machine and Avalanche C-Chain. This collaboration aims to achieve modularity.