Daily View | Wednesday July 7

The following content is organized and provided by PlatONWorld for the purpose of spreading more information and has nothing to do with PlatONWorld’s position. The content is from a third-party platform, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,250,000,000	130,460,000	31.43%	1,144,600,912.82	40,677

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.2470	0.2210	6,549,447
BTC/USDT	35114.62	33518.58	18,301
ETH/USDT	2349.98	2209.92	413,863

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
July 07	201	49	37	35
July 06	201	49	38	34
July 05	201	49	39	33
July 04	201	51	37	33
July 03	201	50	37	33
July 02	201	50	38	33
July 01	201	53	35	32
June 30	201	53	36	31
June 29	201	53	39	28
June 28	201	53	38	28

Data source: https://scan.platon.network/

【Industry News】

Guo Tianyong, Central University of Finance and Economics: In the face of international settlement volume, the advantages of high payment efficiency in digital currency are more prominent

Guo Tianyong, director of China Banking Research Center of Central University of Finance and Economics, said that under the tide of digitalization, as a payment medium, the digitalization of money itself is an inevitable trend. Considering the limitations of traditional currency printing and distribution, such as high cost and difficulty in carrying, digital currency has greatly reduced transaction costs with its unique advantages. Guo Tianyong pointed out that if digital currency is led by the government or the central bank, it is necessary to coordinate the payment relationship with the original banking system. At present, China’s digital currency belongs to M0 category. From a financial point of view, M0 does not have the ability to create money, and accounts for a small proportion in the whole money storage. Therefore, the scope of digital RMB is still very limited. How to use digital RMB to form more functions and push it to a larger field in the future deserves in-depth study. This is a gradual process, so we should grasp the rhythm well. Guo Tianyong said that the early promotion of digital RMB was relatively successful, which was conducive to enhancing the internationalization of RMB. With the strengthening of China’s economic strength, the international business of RMB is more extensive. Facing the huge amount of international settlement, the advantages of high payment efficiency in digital currency are more easily highlighted.

Eric Adams Wins New York Mayoral Democratic Primary After Saying City Will Become “Bitcoin Central”

New York City Democratic frontrunner Eric Adams has won the Democratic primary for New York City mayor, according to Apnews on July 7. He leads former City Health Commissioner Kathryn Garcia by 8,426 votes, or slightly more than 1 percentage point, according to the latest tally released Tuesday. If elected, he would become the city’s second black mayor. In previous news, EricAdams expressed his approval of bitcoin. adams said, “I will guarantee you that in a year you will see a different city, we will be the center of life sciences, the center of cybersecurity, the center of self-driving cars, the center of drones and bitcoin.”