Month: September 2025

BDACS Launches Won-Backed Stablecoin KRW1 On Avalanche

The first Korean Won-backed stablecoin has been launched! BDACS (Busan Digital Asset Custody Services) has become the first South Korean custodian to launch the stablecoin on the Avalanche blockchain. Woori Bank has backed the newly launched stablecoin, dubbed KRW1. According to BDACS’s press release dated 18 September 2025, Korean...
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XRP, Altcoins Benefit as Investors Shift Stablecoin Holdings: Q3 2025 Bybit Report

As the bull cycle progresses, investors are increasingly adopting other cryptocurrencies besides bitcoin (BTC). Market dynamics signal that traders are now embracing top altcoins, including Ripple (XRP), Solana (SOL), and decentralized exchange (DEX) tokens. An asset allocation report by the crypto exchange Bybit revealed that stablecoin holdings have fallen...
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Franklin Templeton, Ripple Join Forces To Launch Tokenized Money Market Funds For Accredited Investors Of This Asian Banking Giant

Singapore’s largest bank, DBS Group Holdings (OTC:DBSDY), asset management firm Franklin Templeton and blockchain company Ripple Labs (CRYPTO: XRP) have teamed up to provide accredited investors trading solutions backed by tokenized money market funds and U.S. dollar-pegged stablecoins. Franklin Templeton’s BENJI Fund Comes To DBS Bank This collaboration will facilitate the...
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SEC Approves Grayscale’s Digital Large Cap Fund for Trading

Grayscale’s Digital Large-Cap Fund (GDLC) has been approved for listing and trading by the U.S. Securities and Exchange Commission (SEC). This coincides with the introduction of new ETF listing guidelines that make the process easier for issuers. Multi-Asset Crypto ETF Gets Go-ahead Peter Mintzberg, Grayscale’s CEO, shared the news...
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