PANews reported on November 1st that ZKsync co-founder Alex, in an article titled "Ethereum Has Now Become ZKsync's Main Capital Hub" published on the X platform, stated that the ZKsync Atlas upgrade brings transaction speeds exceeding 15,000 TPS, a ZK final confirmation time of 1 second, and near-zero transaction fees. The true significance of Atlas lies in the fact that, for the first time, the L2 system can directly utilize Ethereum as a real-time liquidity center for institutional capital; Ethereum has become a capital hub.
Ethereum co-founder Vitalik Buterin retweeted the article and said, "ZKsync has done a lot of underrated but very valuable work in the Ethereum ecosystem. I'm excited to see them launch this product."



Fintechs bypass traditional banking to offer stablecoin access, yield and spending in emerging markets. Programmable money leapfrogs legacy infrastructure. Opinion by: Morgan Krupetsky, vice president of Onchain Finance at Ava LabsOn the heels of the GENIUS Act’s passing, the next era of stablecoin usage is being driven by a growing cohort of fintechs and neobanks — integrating stablecoins into their product and service offerings, going where traditional systems have found it economically or operationally infeasible to do so, and, as such, growing their competitive edge. These challenger systems are providing a direct way for people and businesses to more readily access and store stable value in mobile wallets; to navigate financial stability concerns around hyperinflation and currency volatility; to effectuate remittances and other cross-border transactions; to access credit and savings; and ultimately to spend down or against their holdings in real time. Read more