South Korea’s KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export businesses in August using JPMorgan’s Kinexys network, according to multiple local media reports. Kinexys, formerly known as Onyx, is JPMorgan’s blockchain platform for institutional payments, tokenization and digital assets. The service will initially support US dollar transfers across 10
Wormhole has announced that $SUI is now natively integrated on the Solana network. This integration enhances interoperability between ecosystems, allowing for smoother transactions and interactions. The move is significant as it could attract more developers to work on the $SUI platform, ultimately broadening its user base and application scope. For more details, visit the tweet.
$AAVE has officially launched on the Solana network, marking a significant milestone in decentralized finance. This integration, revealed by CryptoTwitter commentator Wormhole, enhances the cross-chain capabilities of $AAVE, allowing for broader liquidity and user engagement. As the DeFi landscape evolves, this move is likely to attract more users to both $AAVE and Solana, fostering a
Cosmos recently announced its collaboration with Peersyst on the CBWeb3 Project, funded by IDB Lab and executed by lnetglobal. This initiative aims to explore the future of tokenized finance and cross-border interoperability in Latin America and the Caribbean. The project stands to significantly impact regional financial infrastructure as it involves collaboration with central banks and
Pyth Network is expanding its Pyth Pro services to include additional commodity futures and US Treasury rates, according to a recent tweet. This move aims to bolster institutional access to critical market data, enhancing trading strategies. As institutions increasingly seek comprehensive analytics, this expansion could greatly influence their trading decisions. For more details, check the
The $XRP Ledger added about $2.6 billion in tokenized real-world asset value during the past six months, excluding stablecoins, according to data from RWA.xyz. That placed XRPL second among tracked blockchain networks for net RWA inflows during the period. BNB Chain ranked first with about $3 billion, while Stellar followed XRPL with roughly $2.1 billion.
Circle has announced a collaboration with OpenZeppelin to develop ChainBench, a benchmark for agent-driven crosschain smart contract generation. This initiative aims to test the robustness of frontier models in writing secure smart contracts. The collaboration was highlighted by crypto commentator @OpenZeppelin on Twitter, indicating a significant step towards improving smart contract security. Breaking It Down
StableChain’s product is Tether’s dollar: gas in $USDT, transfers in $USDT, yield in $USDT. Its native token does none of that, and holders own governance and staking rights over a network whose every cash flow is denominated in someone else’s asset. This is crypto’s value-accrual question in its purest form yet, and it deserves a
Stable exempts $USDT transfers from gas. Plasma ships zero-fee sends. Sui made stablecoin transfers free at the protocol level. Every coverage of every launch asks the same question in passing, someone still pays for blockspace, and then moves on. This guide stops and answers it: five funding models, their failure modes, and how to tell
Developer activity keeps serving as a key factor to indicate the health of the blockchain network. This data still reflects innovation, long-term sustainability, and community engagement. Based on the data from Santiment, Ethereum, $BNB Chain, and Polygon are the leading blockchains in terms of developer activity. The other prominent players include Arbitrum, Optimism, Solana, Cosmos,