Currently, the U.S. capital market is迎come a crypto payment experiment from Hong Kong. According to multiple sources, **the Hong Kong-based dollar-denominated payment company RedotPay** is considering an IPO in the U.S., with a potential fundraising scale described as **"over $1 billion,"** and no more detailed ranges or usage breakdowns have emerged. In the field of crypto payments, it is advancing the listing preparations in collaboration with top Wall Street investment banks such as **JPMorgan, Goldman Sachs, and Jefferies**, focused on dollar-denominated assets.

Original | Odaily Star Daily (@OdailyChina) Author | Ethan (@ethanzhang_web3) RWA Sector Market Performance According to data panel from rwa.xyz, as of February 24, 2026, the total on-chain value of RWA (Distributed Asset Value) increased from 24.14 billion dollars on February 10 to 25.07 billion dollars, a total increase of approximately 930 million dollars over two weeks, with a percentage increase of about 3....

What is the current level of valuation for US stocks?

The Supreme Court overturns equal tariffs, affecting trade policy and international relations.

This week, in the Eastern Eight Time Zone, both the U.S. policy circle and the crypto circle simultaneously issued two opposing signals: on one side, White House National Economic Council Director Hassett released a loose hint that "the Federal Reserve still has a lot of room to cut interest rates," while on the other side, BitMEX co-founder Arthur Hayes warned that Bitcoin's weakness is more like an early alarm of tightening U.S. dollar credit. The recent decline in Bitcoin was interpreted by some participants as a precursor to a tightening of the U.S. dollar credit chain, rather than just a single issue.

Investing in A-shares, the most important thing is to avoid the peak; investing in U.S. stocks, the most important thing is to catch the bottom.

Many people still understand RWA as the concept of moving US stocks onto the blockchain.

Analysis indicates that metal prices plummeted suddenly under suspected algorithmic trading sell-offs, forcing some investors to exit positions in bulk commodities, including gold and silver, to secure liquidity.

Recently, the U.S. stock market has shown significant fluctuations, with investors paying attention to economic data and corporate earnings reports.

"The core of the long-term allocation value in the US stock market lies in the resonance of three major driving forces: institutional dividends, the real experimental cycle of the AI industry, and the structural increase in global capital allocation, rather than short-term macro trading."

On February 11, 2026 (Eastern Time), significant capital withdrawals occurred simultaneously from Bitcoin and Ethereum spot ETFs in the U.S. market, attracting dual attention from traditional finance and the crypto sector. According to various data sources, on that day, the total net outflow for Bitcoin spot ETFs was approximately **$276 million**, while the total net outflow for Ethereum spot ETFs was about **$129 million**. Some figures for individual products showed slight discrepancies in different reports due to rounding, but the overall direction of "blood loss" was highly consistent.

On February 10, 2026, East Eight Zone Time, the Thailand Securities and Exchange Commission (SEC) announced that **digital assets would be included in the category of underlying assets for the Futures Contract Act**; immediately following this, on February 11, the Ethereum and Bitcoin spot ETFs in the U.S. market recorded a rare **large net outflow in a single day** this year. On one hand, Asian regulators are opening up compliance channels for crypto derivatives and tokenized assets, while on the other hand, traditional Western funds are continually reducing their positions through ETFs, forming a stark contrast. This kind of

On February 12, Eastern Standard Time, the curtains in the meeting room on the second floor of the White House in Washington were tightly drawn for three hours. When they came out, Netanyahu's expression was restrained, while Trump's social media account was unusually active—not announcing a deal reached, but directly addressing Tehran: "Last time they didn’t sign, they faced the 'midnight hammer.'" Meanwhile, off the coast of Virginia, the exercise plan for the USS George H.W. Bush was ordered to be scaled back. Three anonymous officials from the Pentagon disclosed to the media.