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Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

LILLIUS integrates xAsset Bridge to transform cross-chain operations


LILLIUS, a prominent decentralized finance (DeFi) platform, has announced a groundbreaking partnership with xAsset Bridge, facilitating seamless interoperability between the Cronos and Polygon networks. This strategic integration marks a significant milestone in the evolution of decentralized...

ZK Bridge: Trustless and secure cross-chain Bitcoin token-swapping


Bitcoin’s liquidity and integration with different blockchains can be enhanced using Bitcoin token swapping. It depicts a groundbreaking mechanism to bridge the gap between Bitcoin and smart contract-equipped blockchains. The Bitcoin token swap protocol designed by ZK Bridge has wide applications...

Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash


In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash....

Russia Hints at Development of CBDC-Based BRICS Bridge Payments System


Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current...

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