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⚠️World Chain News Hourly Summary:
Reporting period: 20:00 - 21:00
🔥 Tether Q1 net profit of $1.04 billion, asset reserves hit a new high of $8.23B
Tether released its Q1 2025 report, with a net profit of approximately $1.04 billion as of March 31, total assets of $191.77B, and total liabilities of $183.54B. Asset reserves reached a record high of $8.23B, including about $141 billion in U.S. Treasury bonds, approximately $20 billion in physical gold, and about $7 billion in Bitcoin. USDT circulation is approximately $183 billion.
🔥 MoonPay launches stablecoin debit card for AI agents on Mastercard network
MoonPay introduces the "MoonAgents Card," a stablecoin debit card for AI agents and users, allowing direct spending from on-chain wallets.
🔥 Iran responds to US by submitting end-of-war agreement through Pakistan
On May 1, according to Middle Eastern sources, Iran, via Pakistani mediators, submitted a response to the latest amended end-of-war agreement to the United States on Thursday local time. Additionally, Polymarket prediction market data shows a 7% chance of a "permanent peace agreement between the US and Iran" before May 15, 19% before May 31, and 37% before June 30.
🔥 Ethereum rebounds above $2,300, up 1.4% in 24 hours
According to market data, Ethereum rebounded above $2,300, currently at $2,305, with a 24-hour increase of 1.4%.
🔥 Payment infrastructure company Fun completes $72 million Series A funding, led by Multicoin Capital and SignalFire
Payment infrastructure startup Fun completed a $72 million Series A funding round, led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. Fun provides cryptocurrency and fiat currency deposit and withdrawal infrastructure for platforms like Polymarket, Lighter, and Aave, with annual payment processing exceeding $18 billion. The new funds will be used for team expansion (currently about 30 people).
🔥 Bitcoin breaks through $78,000, up 2.3% in 24 hours
According to market data, Bitcoin broke through $78,000, with a 24-hour increase of 2.3%.
🔥 US national debt exceeds GDP for the first time since World War II, reaching $31.265 trillion
On May 1, the US national debt surpassed 100% of GDP for the first time since World War II, currently at $31.265 trillion, while the past year's GDP was $31.216 trillion. This means that for every $1 of revenue the US government collects, it spends $1.33.