Binance Research

Highlights 🧵:
1/ Binance has announced a partnership with Amazon Web Services (“AWS”) to leverage its generative AI capabilities for improving user onboarding, customer support, and internal system diagnostics. This collaboration has already led to significant improvements and Binance plans to further expand the use of AWS's generative AI technologies across various operational domains to drive innovation.

2/ The U.S. Treasury Department highlighted in its Q4 2024 Fiscal Year Report that stablecoin growth drove increased demand for U.S. Treasuries, estimating that US$120B of stablecoin collateral is invested in Treasuries. Tether, the largest stablecoin issuer, reportedly holds US$81 billion in T-bills.

3/ The U.S. Securities and Exchange Commission (“SEC”) has issued a Wells notice to blockchain gaming platform Immutable, signaling potential enforcement action. The notice allegedly concerns the listing and private sales of the platform's native IMX token in 2021. Immutable has vowed to contest the notice, arguing that the SEC's allegations are unfounded.

www.tgoop.com/BinanceResearch/724

3.7K viewsNov 1 at 11:58

Highlights 🧵:
1/ Binance has announced a partnership with Amazon Web Services (“AWS”) to leverage its generative AI capabilities for improving user onboarding, customer support, and internal system diagnostics. This collaboration has already led to significant improvements and Binance plans to further expand the use of AWS's generative AI technologies across various operational domains to drive innovation.

2/ The U.S. Treasury Department highlighted in its Q4 2024 Fiscal Year Report that stablecoin growth drove increased demand for U.S. Treasuries, estimating that US$120B of stablecoin collateral is invested in Treasuries. Tether, the largest stablecoin issuer, reportedly holds US$81 billion in T-bills.

3/ The U.S. Securities and Exchange Commission (“SEC”) has issued a Wells notice to blockchain gaming platform Immutable, signaling potential enforcement action. The notice allegedly concerns the listing and private sales of the platform's native IMX token in 2021. Immutable has vowed to contest the notice, arguing that the SEC's allegations are unfounded.

BY Binance Research