Solana Stablecoin Push Grows as KG Inicis Brings KRW 25T Network Onchain

Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s existing T+2 settlement cycle with real-time, stablecoin-based T+0 settlement. What Project Pangea Is The initiative brings together three primary partners: Fairsquarelab, described as a first-mover […]

The integration of Chainlink in cross-border settlements could revolutionize global trade efficiency, reducing risks and unlocking capital. The post Chainlink joins 47 banks to enable T+0 cross-border settlements between Europe and South Korea appeared first on Crypto Briefing.

Kintara's success could catalyze further innovation and investment in Solana's gaming ecosystem, enhancing its competitive edge in blockchain gaming. The post Kintara attracts over 20,000 players, reviving Solana’s gaming sector appeared first on Crypto Briefing.

Oobit's integration with PIX could accelerate stablecoin adoption in Brazil, challenging traditional banking and boosting crypto's mainstream appeal. The post Oobit integrates USDT with Brazil’s PIX payment network for 170M users appeared first on Crypto Briefing.

Solana adds Allfunds tokenized funds, linking 3,300+ asset managers and nearly €1.8T in assets to Onchain access. Allfunds Blockchain has announced plans to expand tokenized fund distribution to Solana. The move connects a major fund platform with public blockchain infrastructure. The announcement was made on June 23 from Madrid and London. It marks another step […] The post Solana Gains Allfunds Expansion as Tokenized Funds Enter €1.8T Network appeared first on Live Bitcoin News.

Chipmakers led the way down in South Korea, where the main index plunged 10.5 percent. The Nasdaq in the U.S. was down 2.2 percent at Tuesday’s open.

In South Korea, the AI frenzy has sent the value of the country's top chipmakers skyrocketing. Korea's Samsung Electronics and its chief rival SK Hynix have been trading places as the world's most valuable producer of memory chips. Following some strident union organizing at the firms, their workers have become some of the country's highest-paid - with some performance bonuses at Samsung's chip unit set to top 400,000 dollars this year. That has not only made jobs at the companies highly sought-after: it's also made their employees highly sought-after as marriage prospects.

Ripple secured preliminary MiCA CASP approval to expand regulated services across Europe. The license supports cryptoasset and stablecoin payments for banks and fintech firms. Full approval would strengthen Ripple’s European footprint under a unified framework. Ripple has secured preliminary approval for a Crypto Asset Service Provider license in Luxembourg under the European Union’s Markets in […] The post Ripple Secures MiCA License Approval to Expand Across Europe appeared first on Live Bitcoin News.