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CZ Highlights Institutional Adoption and AI's Role in Crypto at Bitcoin Asia 2025

At the Bitcoin Asia 2025 conference, Binance CEO Zhao Changpeng (CZ) discussed the evolution of the Bitcoin industry from its early days in 2013 to its current institutional adoption. He identified capacity as a core bottleneck in scaling. CZ emphasized the positive impact of traditional finance and national involvement, which bring capital, credibility, and regulatory clarity to the industry, noting the U.S. as a leader in regulatory openness. CZ expressed optimism about Decentralized Autonomous Trusts (DATs) introducing stock market funds into the crypto market, while cautioning about management deficiencies and cyclical volatility. He also highlighted the potential of Real World Assets (RWA) and AI in driving new industry momentum, with AI's programmable trading expected to generate significant new trading demand.

Figure's IPO Soars 44%, Valued at $6.5 Billion on Debut

Blockchain lending firm Figure made a strong debut on the US stock market on September 11, 2025, with its initial public offering (IPO) seeing a 44% surge in stock price. This impressive performance brought the company's market valuation to $6.5 billion by the end of its first trading day. Founded in 2018 by Mike Cagney, Figure has been at the forefront of integrating blockchain technology into capital markets, notably through blockchain-based consumer loan securitization and facilitating over $150 billion in on-chain transactions. Cagney highlighted the transformative potential of decentralized finance (DeFi) as a mainstream asset financing method, pointing to recent legislative developments that could expedite this transition. Figure's successful IPO underscores its role in advancing blockchain applications within capital markets, particularly in the real-world asset (RWA) sector.

TRON's Fee Cut Spurs Surge in Stablecoin Transactions

TRON has slashed transaction fees by 60%, reducing the gas price from 210 sun to 100 sun as of August 29, 2025. This strategic move, aimed at mitigating rising on-chain costs due to TRX price increases, has led to a drop in average transaction fees to $0.59 by September 8, the lowest since April 2024. Despite a reduction in total daily network fees from $13.9 million to $5 million, TRON's network usage has surged, with the 100-day moving average of block size reaching its highest since July 2023. On September 12, TRON experienced a significant increase in whale transactions over $100,000, which comprised 86% of USDT transfer volume. The network processed 11 million transactions, approaching historic highs and solidifying its position as a leading stablecoin remittance platform. In comparison, TRON's average USDT transaction size was $465, significantly higher than Ethereum's $117, underscoring TRON's dominance in stablecoin settlements.

Phemex Crypto Market Daily: Bitcoin Holds Steady as Fed Rate Cut Looms; Major Token Unlocks in Focus (Sep 15)