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Source: CryptoNinjas

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KRWQ, Korean Stablecoin, Announced the Expansion to Solana
Key Takeaways:

KRWQ, the stablecoin backed by Korean currency by IQ and Frax, is launching on Solana to extend on-chain KRW liquidity.The project will aim to facilitate cross margin and FX trading, arbitrage, and perpetual futures between KRW and USD… Read full article
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JPMorgan Targets $250B Stablecoin Market With Ethereum-Based Treasury Fund Launch
Key Takeaways:

In an application to Ethereum, the just mentioned JPMorgan is attempting to establish a tokenized money market fund with the ticker JLTXX.The fund is for the issuers of stablecoins who want to use the assets in their reserves… Read full article
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Ripple CTO Reveals Why XRP Never Powered XRPL Consensus in Stunning Governance Twist
Key Takeaways:

Ripple CTO Emeritus David Schwartz elaborated on his reasons for XRP not being employed in the XRPL consensus mechanism.Schwartz noted that while XRP Ledger was created in 2011, there was no concept of PoS at that time.He also… Read full article
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