According to @nic__carter, recent observations show a growing interest in Central Bank Digital Currency (CBDC) pilots conducted by the European Central Bank (ECB) and the Bank for International Settlements (BIS). Travelers were noted reading white papers and reports on these initiatives, highlighting increased market attention to regulatory developments in digital currencies. For crypto traders, this trend signals a need to closely monitor upcoming CBDC frameworks and potential impacts on liquidity and adoption of existing cryptocurrencies such as BTC and ETH. Source: @nic__carter.

According to @CCData_io, today's top crypto news includes Tether achieving a record $5.2 billion profit in the first half of 2024, a significant surge in USDC trading volume, the BIS and Bank of England launching a stablecoin monitoring project, and the stablecoin market cap seeing its tenth consecutive month of increase.