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PANews reported on November 28 that according to Ethereum protocol developer and Prysm maintainer Terence, the Ethereum core developer meeting (AllCoreDevs) reached a preliminary consensus and planned to increase the Blob target/maximum value from the current 3/6 to 6/9. The proposal aims to improve the scalability of Ethereum, but its specific implementation still needs to be verified by further testing and the results of the development network (Devnet). Blob expansion is part of Ethereum's Proto-Danksharding technology, which aims to optimize data storage and transaction processing efficiency.

PANews reported on November 28 that according to The Block, Standard Chartered Bank and Zodia Markets analysts predict that as the stablecoin industry gradually becomes legalized, its share in the US M2 money supply and foreign exchange transactions is expected to increase from the current 1% to 10%. Geoff Kendrick, head of digital asset research at Standard Chartered Bank, and Nick Philpott, co-founder of Zodia Markets, pointed out that stablecoin applications are expanding from trading collateral to cross-border payments, salary payments, trade settlements and remittances, especially in emerging markets such as Brazil, Turkey, Nigeria, India and Indonesia. YouGov survey shows that 69% of users use stablecoins for currency substitution, 39% for payment of goods and services, and another 39% for cross-border payments. Users prefer to directly hold tokenized assets such as the US dollar and other fiat currencies to reduce their reliance on bank accounts. The current total market value of stablecoins has hit a new high of US$190 billion, led by USDT (73%) and USDC (21%). Analysts believe that the new US government that is about to take office may accelerate the implementation of stablecoin regulation, injecting new impetus into the development of the industry. At the same time, the complex charging structure of existing banks and the SWIFT system may further promote the popularization of stablecoins.