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ChainCatcher news, according to Golden Ten Data, Federal Reserve's Bostic announced that he plans to retire when his current term ends in February next year. Bostic has served as President of the Atlanta Federal Reserve since 2017 and is the first African American to lead a regional Federal Reserve Bank. This year, he has focused on inflation risks, urging his colleagues to remain cautious when lowering interest rates and to be alert to the potential impact of tariffs. Although he does not have a vote on monetary policy decisions, he supported the Fed's two rate cuts in September and October.

Jinse Finance reported that according to the US stock market, stablecoin issuer Circle (NYSE: CRCL) fell more than 8% intraday, currently trading at $90, with a total market capitalization of about $21 billion, down nearly 70% from its all-time high. In its Q3 financial report released before the market opened, Circle reported total revenue and reserve earnings of $740 million for the third quarter, a year-on-year increase of 66%; net profit was $214 million, a year-on-year increase of 202%, both exceeding previous institutional expectations of $700 million in revenue and $31 million in profit. In addition, the circulating supply of USDC at the end of the quarter reached $73.7 billion, a year-on-year increase of 108%.