Midday Key Developments on February 12

7:00 (UTC+8) - 12:00 (UTC+8) Keywords: Offshore RMB, Cardano, Tether 1. Goldman Sachs warns of inflation risks: may disrupt the Federal Reserve's rate cut path; 2. The UK Treasury selects HSBC's blockchain platform to pilot the issuance of digital government bonds; 3. Bo Hines: Tether is expected to become one of the top ten buyers of US Treasuries this year; 4. The CEO of a certain exchange cashed out about $550 million in the past year, accounting for about 5% of their holdings; 5. Offshore RMB against the US dollar broke through the 6.9 mark, hitting a new high since April 2023; 6. Cardano founder: The privacy-focused Midnight blockchain will go live next month; 7. Ethereum Foundation director: Currently, no L1 can compete with Ethereum in terms of technology and monetary value.