🎉 The latest stats from #Wanchain's sustainable PoS blockchain and decentralised network of bridges!
⏲️ Uninterrupted uptime: 7 yrs, 120 days
🔗 Most bridged asset this week: $USDC
Transaction of the week: 599,999 USDC from #Optimism to #Cardano.
After Minimal Conditions were applied in epoch 293, a total of 9 providers lost rewards on Flare, resulting in 183K $FLR burned.
Meanwhile, on Songbird, 6 providers failed to meet the requirements, leading to the burning of 278K $SGB.
The following providers were ineligible;
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#Mission3M
SCOOP: My DC sources indicate that the #GENIUSACT could be passed in the next week. Clear efforts by @SenWarren and key staff members on the Hill have been made to thwart this legislation. Yes, there will be some changes to this bill, but the core of #stablecoin legislation to refine the banking and finance industry is already here. @crypto levels the playing field for #SmallBusiness, retail #Investors, and #blockchain innovators who will lead the @POTUS plan to place the USA in the lead for decades to come. Plan accordingly.
@DavidSacks@RitchieTorres@SenatorHagerty@BoHines@brian_armstrong@SenGillibrand@amandalfischer@SenGillibrand
Dubai is becoming a global capital of tokenized economies. A closed-door, cross-sector discussion alongside leaders from Mastercard, Kirit Bhatia @Ripple and top-tier VASPs. $4 trillion today to over $30 trillion by 2030.
It’s a structural shift in global finance.
Thank you @Retire_Young_1 for the heads up.
💪 This is #XRPFi, and #Flare is the Engine...
🔸USD₮0 provides the capital base
🔸FXRP brings composability
🔸Pairing USD₮0 with FXRP → Deeper liquidity
🔸Deeper liquidity → More efficient markets
🔸More efficient markets → More DeFi activity
🔸More DeFi activity → More yield & real XRP use cases
Stablecoins are exploding globally for their real-world applications (the sheer amount of recent announcements across crypto, fintech and traditional finance should indicate as such).
The sooner that the US can pass workable, clear rules, the faster it reaps the benefits of this technology.
It would be absolutely shocking for Judge Torres to not agree to lift the injunction under these circumstances. I don’t want to jinx anything but the below agreement makes perfect sense and it’s difficult to see it not going through.
Welcome @XDC_Network_ to the MiCA Crypto Alliance 🌏
XDC Network is a Layer 1 #blockchain purpose-built to address real-world challenges in global trade and finance. Its hybrid architecture combines the transparency of public networks with the control, speed, and data privacy offered by private subnets—making it a strong fit for regulated enterprise environments.
Saloi B., Head of Enterprise Alliance & Ventures at XDC Network, shared:
“We are excited to announce our partnership with the MiCA Crypto Alliance. This collaboration reaffirms our dedication to upholding the highest standards of regulatory compliance and transparency. This step is crucial in building trust and openness with partners in Europe. We look forward to continuing our journey of innovation and contributing to the evolution of the blockchain industry.”
We’re excited to have XDC Network on board as we work together to shape a more transparent and compliant future for digital assets in Europe.
🔗 Read more: https://t.co/ptdmRgp9XD