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BlockBeats News, June 18th, the stablecoin and fiat financial infrastructure platform Range completed an $8.3 million Series A funding round, with a total funding of $11 million. The round was oversubscribed, with investors including traditional fintech funds TX Ventures and SixThirty, as well as crypto-native funds Maven 11 Capital and Onigiri Capital. Range stated that its platform is designed for enterprises that operate with both stablecoin and fiat channels, with products including UNIFY and PROTECT. UNIFY is used to integrate various sources of funds such as digital assets and bank balances into a unified record system; PROTECT conducts risk, compliance, and business policy checks on transactions before fund transfer. Range claimed that its platform currently safeguards over $30 billion in client assets, with integration with over 10,000 banks, custodians, and wallets, real-time monitoring of over 200 networks and 100+ stablecoins, tracking 99.41% of stablecoin transactions, and screening billions of dollars in payments monthly. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others.

⑴ France completed four OAT government bond auctions on Thursday, raising a total of approximately €13.999 billion, covering maturities in 2029, 2032 (two issues), and 2034. ⑵ The OAT maturing in September 2029 issued €4 billion with an average yield of 2.85% and a bid-to-cover ratio of 3.215, lower than the previous 2.94%. ⑶ The OAT maturing in February 2032 issued €5.3 billion with an average yield of 3.13% and a bid-to-cover ratio of 2.656, basically flat compared to the previous 3.25%. ⑷ The OAT maturing in November 2032 issued €2 billion with an average yield of 3.22% and a bid-to-cover ratio as high as 3.999, the highest level in this auction, with the yield significantly higher compared to the previous 2.89%. ⑸ The OAT maturing in November 2034 issued €2.699 billion with an average yield of 3.45% and a bid-to-cover ratio of 2.712, with the yield lower than the previous 3.61%.

(1) The IEA Director on Thursday welcomed the temporary agreement between the United States and Iran to end the war and called for the unconditional reopening of the Strait of Hormuz to ensure all parties have confidence in its security. (2) Birol pointed out that several countries are reassessing their energy policies because Iran closed this waterway during the war and may do so again in the future, emphasizing that trust is crucial in the global energy market. (3) This crisis has reshaped the global energy landscape, and the IEA will discuss new strategies with multiple countries. Although prices have fallen since the peace agreement was reached, all parties will closely monitor the details of the agreement and follow-up negotiations. (4) Birol described the current situation with the metaphor "the vase is broken," stating that all involved parties are aware that the Strait of Hormuz was closed once and could be closed again. (5) The IEA estimates that since the United States and Israel launched strikes against Iran on February 28, the war has blocked over 14 million barrels per day of Middle Eastern oil production.