Updated: September 16, 2026, 09:30 (UTC+8) | Author: MEXC Headlines CLARITY Act fails to advance in a 49–50 procedural vote CoinEx announces shutdown and enters an orderly wind-down process SingaporeUpdated: September 16, 2026, 09:30 (UTC+8) | Author: MEXC Headlines CLARITY Act fails to advance in a 49–50 procedural vote CoinEx announces shutdown and enters an orderly wind-down process Singapore
MEXC On-Chain Daily Report: CLARITY Act Fails to Advance in 49–50 Procedural Vote
Updated: September 16, 2026, 09:30 (UTC+8) | Author: MEXC
Headlines
- CLARITY Act fails to advance in a 49–50 procedural vote
- CoinEx announces shutdown and enters an orderly wind-down process
- Singapore completes its first domestic tokenized deposit payment
- UK House of Lords passes national digital asset strategy amendment
- Russian central bank continues to highlight stablecoins as a monetary sovereignty risk
Industry Updates
Velocity Raises $10 Million in Series A Extension With Participation From Visa Ventures and Others
According to Odaily Planet Daily, Velocity has completed a $10 million Series A extension round with participation from Visa Ventures, Circle Ventures, Haun Ventures, Ripple, Translink Capital, and Mirana Ventures. Velocity provides stablecoin-based settlement, liquidity management, and treasury operations infrastructure for payment companies and banks, enabling financial institutions to adopt stablecoin payment capabilities without replacing their existing technology stacks. The financing highlights continued institutional interest in infrastructure supporting enterprise stablecoin payments, settlement, and treasury management.
Bank of England Official: Stablecoins Could Reinforce U.S. Dollar Dominance and Increase Demand for Treasuries
According to Odaily Planet Daily, Bank of England Financial Policy Committee member Carolyn Wilkins said the growth of U.S. dollar stablecoins could further strengthen the dollar’s global dominance and increase demand for U.S. Treasuries. She noted that USDT and USDC held nearly $150 billion in U.S. Treasuries combined by the end of 2025 and purchased about $33 billion during that year. Stablecoins can make dollar-denominated assets more accessible across borders, but large-scale redemptions could also force issuers to sell Treasuries and amplify volatility in stressed markets, extending stablecoins’ influence beyond the crypto sector.
European Central Bank Recruits Online Merchants for Digital Euro Pilot
According to Odaily Planet Daily, the European Central Bank is recruiting e-commerce and mobile-commerce merchants to participate in a digital euro pilot scheduled to begin in the second half of 2027 and run for 12 months. The pilot will use a test currency that functions similarly to a digital euro but does not have legal tender status, covering both online and offline payment scenarios. The project is intended to prepare for a potential digital euro launch in 2029. The ECB aims to broaden merchant acceptance, reduce payment costs, and test real-world payment experiences as Europe responds to growing use of U.S. dollar stablecoins.
Stablecoin Payments Company Rain Adds Support for Korean Won Stablecoin KRW1
According to Odaily Planet Daily, stablecoin payments company Rain has added support for KRW1, a Korean won stablecoin issued by BDACS on Avalanche and pegged 1:1 to the won. Users can spend KRW1 through Visa cards. The integration further connects won-denominated stablecoins with card-payment networks, allowing on-chain Korean won assets to move into everyday payment scenarios. As Asian markets explore local-currency stablecoins, stablecoin adoption is expanding beyond dollar-dominated cross-border payments into domestic settlement and consumer spending.
Ave Integrates Arc Chain and Adds Cross-Chain Swap Services Ahead of Stablecoin Finance Expansion
According to Odaily Planet Daily, Ave has completed integration with Circle’s Arc ecosystem and will provide market data, analytics, and trading support for Arc-based assets. Arc mainnet is scheduled to launch on September 16, 2026, and Ave plans to support cross-chain swaps and on-chain trading from the first day of launch. Arc is designed for stablecoin finance, global payments, foreign exchange, and on-chain capital markets, with support for native USDC gas, sub-second deterministic finality, EVM compatibility, and optional privacy. Ave’s early integration indicates that trading and cross-chain liquidity infrastructure around Arc is beginning to take shape.
Solana Mainnet Upgrade Raises Maximum Transaction Size to 4,096 Bytes
According to Odaily Planet Daily, Solana has increased the maximum size of a single transaction from 1,232 bytes to 4,096 bytes. The upgrade went live on mainnet at approximately 01:00 UTC on Tuesday at the start of epoch 1035. It introduces the v1 transaction format while maintaining full backward compatibility with older transactions, allowing existing applications and wallets to continue using the previous format. The larger transaction capacity can support more complex operations such as zero-knowledge proofs, multisignature transactions, and new on-chain signature schemes, giving developers more room to process richer data and computational logic within a single transaction.
Uniswap Market Share Rises Nearly 10% Since Fee Switch Activation
According to Odaily Planet Daily, DeFi analyst Jordi in Cryptoland said Uniswap’s DEX market share did not decline after the protocol activated its fee switch. Instead, its share increased from about 21% before activation to roughly 31% today. With Robinhood integration contributing additional trading flow, Uniswap’s market share has continued to expand, while monthly protocol revenue has risen from nearly zero to around $7.2 million. The data suggests that introducing protocol-level value capture has not materially weakened Uniswap’s competitiveness and provides a new example of how DEX protocols may balance growth with token value capture.
Monad Co-Founder: Uniswap Hooks Issue Highlighted by 0x Originated in PropAMM and Requires Fully On-Chain Order Routing
According to Odaily Planet Daily, Monad co-founder Keone Hon said the malicious Uniswap v4 Hooks behavior recently highlighted by 0x resembles patterns previously seen in PropAMMs. Some market makers may offer extremely narrow spreads during the quoting stage to attract aggregator routing, then sharply widen spreads or alter fees when the trade is actually settled. Certain Hooks are alleged to switch fees between 0% and 18%, leaving users with high slippage tolerances particularly exposed. Hon argued that reducing this type of “aggregator spoofing” and hidden cost requires moving order routing into a fully on-chain and verifiable environment.
USDC Historical On-Chain Transaction Volume Surpasses $100 Trillion
According to Odaily Planet Daily, USDC said that as of September 12, 2026, its cumulative on-chain transaction volume had surpassed $100 trillion. As USDC expands across more blockchains, cross-chain networks, payment systems, and institutional settlement scenarios, its role has grown beyond an early crypto trading quote asset into infrastructure for global money movement, cross-border payments, on-chain capital markets, and enterprise settlement. Crossing $100 trillion in historical transaction volume reflects the growing transaction frequency and capital turnover of stablecoins as internet-native settlement instruments.
MEXC Market Heatmap
Data Note: Based on real-time MEXC market data recorded before 09:30 (UTC+8). Figures may subsequently change with market fluctuations.
On-Chain Calendar
High-Risk Token Unlocks
- Celestia/USDT [Sep 16, 03:50] Unlocks $66,172.23 USDT, equivalent to 0.019% of circulating supply, with light short-term sell pressure
- IOTA/USDT [Sep 16, 08:01] Unlocks $533,406.78 USDT, equivalent to 0.27% of circulating supply, with light short-term sell pressure
- Vana/USDT [Sep 16, 12:11] Unlocks $1.2m USDT, equivalent to 4.03% of circulating supply, with high short-term sell pressure
- zkSync Era/USDT [Sep 17, 03:06] Unlocks $1.69m USDT, equivalent to 1.67% of circulating supply, with medium short-term sell pressure
- Redbelly Network/USDT [Sep 17, 08:01] Unlocks $110,829.18 USDT, equivalent to 1.56% of circulating supply, with medium short-term sell pressure
- Re/USDT [Sep 17, 15:28] Unlocks $3.05m USDT, equivalent to 4.44% of circulating supply, with high short-term sell pressure
Key Macro Events
- Sep 16, 14:00 — United Kingdom | CPI, Core CPI and PPI Data [Inflation changes affect BoE rate expectations and sterling risk assets]
- Sep 16, 16:00 — Italy | CPI and Harmonised CPI Final [Inflation changes affect European rate expectations and euro capital flows]
- Sep 16, 19:00 — Brazil | IGP-10 Monthly Inflation [Inflation changes affect Brazil’s rate path and Brazilian real capital flows]
- Sep 16, 20:30 — United States | Import and Export Prices [Price changes affect inflation expectations and feed through to the dollar and risk assets]
Security Alert
Recently, users should remain highly alert to fake crypto investment platforms, impersonated customer support, and secondary “fund recovery” scams operated by cross-border fraud networks. According to recent disclosures from the U.S. FBI, its Scam Center Strike Force seized or restricted approximately $52 million in crypto assets linked to scam-related money laundering in a single day. These schemes often build trust through social media, text messages, or investment groups, use fabricated profit dashboards to encourage repeated deposits, and later block withdrawals while demanding additional payments for “taxes,” “unlock fees,” or “account verification.” If users encounter blocked withdrawals, are told to send more funds to release existing assets, or are approached by someone offering paid recovery services, they should stop making payments immediately, independently verify the situation through official channels, and preserve evidence such as wallet addresses, transaction hashes, and chat records.
MEXC Chain Observation Daily, updated daily, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.
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