Odaily reports that Arc officially announced that Circle's onchain FX engine StableFX is now live on the Arc mainnet. Arc is a public chain launched by Circle, designed for stablecoins and payment use cases; StableFX supports 24/7 settlement, enabling near-instant or delayed settlement, ensuring that both parties either receive funds simultaneously or neither receives funds, and supports trading with multiple vetted counterparties through a single contract, using a unified RFQ model for pricing. The global foreign exchange market has a daily trading volume of nearly $10 trillion, most of which still relies on traditional trading hours.

1. Kalshi files to launch US single-stock perpetual contracts, proposal pending CFTC approval;2. Vitalik: Will not abandon privacy, will double down further;3. Public chain asset scale could reach $10 trillion, Cardano founder says crypto industry will deeply integrate with AI in the next 5 to 10 years;4. Taiyuan Chengming Technology sends legal letter to Zhipu over ZCode "code upload" incident, demands complete deletion of related data;5. Over 80% of deposits involve fraud during peak periods, Polymarket US platform involved amount exceeds $10 million;6. GSR: Data from over 2,300 token listings shows median price falls below issuance price within 3 days, drops 50% within 90 days;7. Two illegal crypto mining farms busted within a week, Paraguay seizes 35 mining rigs;8. UK Reform Party plans to establish crypto industry union to address overseas donation restrictions;9. After holding ENA for one month, Arthur Hayes has $3.28 million in unrealized gains;10. Universal to gradually shut down protocol, cease operations on November 17, 2026;11. North Korean hacker group WaterPlum uses fake recruitment to steal $10.71 million.

Odaily News: Cardano founder Charles Hoskinson stated that over the next 5 to 10 years, cryptocurrency will deeply integrate with AI, and blockchain can solve AI's challenges in payments, alignment, and data provenance. OpenAI and Anthropic must achieve profitability at scale; individual models may be profitable, but pretraining costs are the main obstacle. Current data center construction is difficult to sustain, computing power spending cannot grow 10x every year, and global electricity supply cannot support it either. Hoskinson predicts that idle data centers will emerge in the future, and AI computing power will subsequently shift to local and edge models, integrating GPUs, phones, and other devices through distributed computing networks, with crypto technology handling coordination and settlement functions. By 2030, public chain assets could reach $10 trillion, with 1 billion new users.

Odaily News: Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that ARB is expected to reach $10 by the end of 2030. The forecast uses $0.14 as a reference price, approximately 48 times the current price of $0.21; its annual targets also include $0.5 in 2026, $1.5 in 2027, $3.5 in 2028, and $6.5 in 2029.Arbitrum's monthly revenue for September is projected to reach $5 million, representing a more than 5x increase from before Robinhood Chain's launch. Robinhood Chain launched its public chain mainnet on July 1 based on the Arbitrum platform, targeting tokenized assets and decentralized finance applications; under the Expansion Program, 10% of protocol net revenue is returned to the Arbitrum ecosystem, with 8% going to the ArbitrumDAO treasury and 2% supporting the Arbitrum Developer Guild.ARB is an ERC-20 governance token used for voting on ArbitrumDAO proposals. It currently does not represent on-chain asset ownership, nor is there a mechanism for directly capturing Arbitrum revenue. Standard Chartered noted that a slowdown in the tokenization process, competing blockchains, and ARB's lack of a direct value capture mechanism are the main risks facing this forecast. (Bitcoin.com News)

Odaily reports that privacy-focused public chain Midnight is preparing to open smart contract deployment on the mainnet.

According to an official announcement from Arc, Circle's public chain, agentic payments are now live. Its Facilitator Service provides a managed integration path for x402 developers, accepts USDC, and supports on-chain settlement on Arc, Base, and Polygon; this path requires no Relayer keys or separate Gas fee wallets.

Odaily reports that multi-chain oracle project Switchboard has announced it is ceasing operations. Switchboard Technology Labs, its core development contributor, will gradually wind down remaining operations, all Switchboard implementations will stop being maintained effective immediately, and remaining support will be terminated on September 25. Protocols using its oracle are required to migrate immediately to alternatives such as Pyth and RedStone.Switchboard stated that AI has reduced the cost of building in-house oracles, the crypto bear market has led to a decline in the number of new public chains and project budgets, and the model of direct collaboration between data providers such as Hyperliquid and S&P shows that protocols may increasingly obtain data directly, thereby weakening the value of third-party oracle networks.

Odaily reports that Sui stated on the X platform that if payment amounts are public, enterprises will not put salaries or supplier payments on-chain. Sui's confidential transfers can keep amounts private while allowing issuers and compliance teams to retain visibility, and complete settlement on public chains.

Odaily News: Arc public chain is now integrated with Binance Wallet DeFi. Users can provide liquidity to designated liquidity pools on Arc through the Binance App and manage their LP positions within the wallet.

Odaily: According to CryptoRank, in the ranking of perpetual contract trading volume across public chains and ecosystems over the past 30 days, Hyperliquid leads with $240 billion in trading volume, firmly holding its dominant market position. Arbitrum ranks second with $47.2 billion, performing best among general-purpose public chains; Solana ranks third with $46 billion. Following closely are Lighter ($45.6 billion), Ethereum mainnet ($44.9 billion), and edgeX ($42.3 billion).