【4/2(Wed)Top 10 Major web3 News】FDUSD Stablecoin Depegged by 9% / CoinList Returns to US, Hosts DoubleZero Token Sale / SMBC Partners with Ava Labs to Introduce Stablecoin etc...
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House Financial Services Committee Passes Bill to Regulate Stablecoins
Cryptocurrency markets fall as Trump enacts massive reciprocal tariffs; Ethereum and Solana down 6%
Standard Chartered Bank says AVAX token price could soar to $250 by 2029
TikTok bid submitted by OnlyFans founder startup and the crypto foundation behind Hedera
FDUSD Stablecoin Depegged by 9% as Justin Sun Expresses Concern About First Digital's Solvency
Seven-Eleven Korea to test "Chungbin digital currency" payments in stores nationwide
💴House Financial Services Committee Passes Bill Regulating Stablecoins
The House Financial Services Committee passed landmark legislation regulating stablecoins on Wednesday.
Bill includes reserve and capital requirements, including one-to-one backing and anti-money laundering standards
As for next steps, lawmakers could decide now to move forward with a bill to regulate virtual currency as a whole, a Republican aide familiar with the bill's language said at a press conference last week.
📉Cryptocurrency markets fall as Trump implements massive reciprocal tariffs; Ethereum and Solana down 6%
Bitcoin, Ethereum and other cryptocurrencies plunge after U.S. announces across-the-board import tariffs on "Liberation Day"
Industry experts warn that rising hardware costs could squeeze U.S. miners, while some experts speculate that the government may use the new tariff revenue to acquire bitcoin
📦DTCC launches blockchain platform to tokenize collateral
The Depository Trust & Clearing Corporation (DTCC), a cornerstone of the global financial markets infrastructure, launched a tokenized real-time collateral management platform on WednesdayIn a blog postthe company said.
The platform, called AppChain, is designed to increase the mobility and speed of global collateral movement, improve capital efficiency and liquidity, and "create an open digital liquidity ecosystem for market participants to deploy digital applications."
📈Standard Chartered Bank Says AVAX Token Price Could Soar to $250 by 2029
Standard Chartered Bank's Jeffrey Kendrick says AVAX token prices could rise more than 10-fold by the end of 2029
Kendrick said Avalanche's recent Aetna upgrade has lowered construction costs and made it more attractive to developers
🗳️The bid for TikTok was submitted by the crypto foundation behind OnlyFans founder startup and Hedera
According to Reuters, Zoop, a startup company run by OnlyFans founder Tim Stokley, and the HBAR Foundation, the lead advocate of the Hedera blockchain, have joined forces to acquire TikTok
According to reports, the "intent" to bid on TikTok was sent to the White House and U.S. President Donald Trump this week
💥FDUSD Stablecoin Depegged by 9% as Justin Sun Expresses Concern About First Digital's Ability to Pay
Tron Founder Justin Sun Warns Users to Withdraw Funds from Hong Kong Firm First Digital Trust
FDUSD, the stablecoin issued by First Digital, fell about 9% immediately after Sun's comments
The comments came after CoinDesk reported that a lawsuit had been filed against First Digital CEO Vincent Chok for diverting approximately $500 million worth of TUSD reserves to illiquid investments
First Digital has since denied Sun's claims.
🏦SMBC Partners with Ava Labs to Introduce Stablecoin
According to Nikkei, SMBC plans to launch its own stablecoin in collaboration with Ava Labs and Fireblocks
The bank plans to begin testing later this year with the aim of introducing it in 2026
🎮Sony Electronics to introduce "USDC" payments to its online store in Singapore, in partnership with Crypto[.]com in partnership with.
Sony Electronics announced a partnership with leading international crypto asset exchange Crypto[.]com on April 2.
This will allow SES consumers to pay directly with crypto assets, and will exclusively accept USDC, a US dollar-denominated stable coin, at Sony Store Online
This crypto asset payment at Sony Store Online is available to Crypto.com users through Crypto.com Pay.
🏬Seven-Eleven Korea to test "Central Bank Digital Currency" payments at stores nationwide
All 7-Eleven stores in South Korea will pilot the introduction of a payment service using the country's "Central Bank Digital Currency (CBDC)" by June.
This initiative is part of the Han River Project, a demonstration project of CBDC by the Bank of Korea (BOK), the central bank of South Korea.
Payments at 7-Eleven can be made by presenting a QR code generated by the e-wallet for "CBDC" and scanning it at the cash register.
🧵Pickup:CoinList Returns to the US, Hosts DoubleZero Token Sale
🌱 News Overview
In April 2025, CoinList, a crypto asset token sales platform, resumed its token sale for the U.S. market after an absence of nearly five years.The first project to be handled was a new project called DoubleZero (Double Zero, token name: 2Z).
In order to ensure compliance in the U.S. market, the sale was not open to general investors, but was limited to qualified investors (accredited investors) recognized by the SEC (U.S. Securities and Exchange Commission).
Validators with a proven track record in blockchain, notably Solana, Sui, Aptos, Avalanche, and Celestia, are eligible to participate, with the actual purchase process taking place from April 15-22, following an intent to participate period from April 2-10.
CoinList has indicated that it intends to fully promote the resumption of token sales in the U.S. through this initiative.
📗 Prerequisites
● About CoinList
CoinList is a platform that has helped many well-known projects sell tokens, such as Filecoin and Solana, etc. It also sold tokens in the US market until 2019, but then stopped selling to US investors due to increased regulation by the US SECThe sale of DoubleZero has been suspended.The DoubleZero sale was a milestone event in this five-year return to the United States.
● What is the DoubleZero (00) project?
DoubleZero is a project aimed at dramatically improving the communication performance of blockchain and distributed networks.Using dedicated fiber optic networks and dedicated hardware (FPGAs) around the world, it is building a "new network layer" that is faster and lower latency than the existing Internet.
DoubleZero's co-founders include former Solana Foundation executive Austin Federa, and the company has strong ties to existing blockchain communities such as Solana.The company has raised $400 million in funding at a valuation of $400 million and is funded by prominent VC firms such as Multicoin Capital and Dragonfly Capital.
👀 Noteworthy points, detailed explanation
● Token Sale Format and US Conditions of Participation.
This token sale was a unique format, targeting only "active validators of specific blockchains," rather than the usual public offering format.Pricing was also conducted using a "price discovery method" based on participants' desired prices, and a common clearing price for all participants was ultimately determined.
Upon reopening on the U.S. market, CoinList adopted a private placement limited to qualified investors under the Securities Act (Reg D 506(c)) for U.S. residents in order to comply with regulations.In addition, a one-year resale ban (lock-up) was imposed on tokens purchased in the US.
Thus, the resumption of token offerings to the U.S. market, while carefully complying with regulations, is a major point of interest.
● Differentiating factors of the DoubleZero project
The differentiating factor of DoubleZero is the novelty of "accelerating blockchain performance at the network level".Unlike ordinary Layer 1 and Layer 2 solutions, DoubleZero aims to solve the "communication speed and latency problem" with physical infrastructure (dedicated optical fiber network) instead of blockchain computation power, so to speak, to create a "high-speed Internet for blockchain.
In addition, DoubleZero adopts a model that effectively utilizes surplus communication infrastructure resources in the token economy as a DePIN (Distributed Physical Infrastructure Network).In the future, DoubleZero is expected to be applied not only to blockchain, but also to a variety of applications requiring high-speed communication, such as distributed learning for AI and high-frequency trading.
📈 Future projections
● CoinList's Future in the US Market.
Starting with DoubleZero, CoinList is expected to resume sales of its tokens to qualified investors for the U.S. market.However, due to strict SEC regulations, it will be some time before large-scale public sales to the general public resume.Once regulations are clarified, sales may be expanded to a wider range of investors.
● Prospects for the DoubleZero Project
DoubleZero has already raised significant funding and is highly regarded by the market.If successful, it could be the foundation for improving the performance of many existing blockchains, but since the physical infrastructure requires time and capital to deploy, the focus for now will be on test-net operations and expanding partnerships.Industry attention is high, and if successful, this could be a project with significant impact.
● Changes in the U.S. Token Sale Environment
While the regulatory environment in the U.S. remains challenging, it may gradually move toward relaxation or clarification following the implementation of the MiCA regulations in Europe and the progress of legislative discussions in the U.S.In that case, we can expect to see more projects like CoinList devising limited sales schemes and a resurgence in fundraising in the U.S. market.
Disclaimer：I carefully examine and write the information that I research, but since it is personally operated and there are many parts with English sources, there may be some paraphrasing or incorrect information. Please understand. Also, there may be introductions of Dapps, NFTs, and tokens in the articles, but there is absolutely no solicitation purpose. Please purchase and use them at your own risk.
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