Crypto Markets & On-Chain Ecosystem Developments

According to the US Office of the Comptroller of the Currency (OCC), World Liberty Financial received conditional approval on Friday to establish World Liberty Trust Company, a national trust bank that would issue and manage USD1 stablecoin. The USD1 has surpassed US$4 billion in circulation. The ba

According to Cryptopolitan citing DefiLlama, real-world asset (RWA) deposits in DeFi protocols reached $3.98 billion as of August 18, surging 6x from $651 million one year ago. Tokenized RWA issuance totals $34.55 billion but shows only 11.5% on-chain utilization, with private credit accounting

According to HyperliquidNews, HIP-3 cumulative trading volume has surpassed $525 billion.

According to BlockBeats, on August 18, NAVI Protocol officially launched NAVI Prime lending framework, becoming Sui's first curator-style lending vault. The protocol, which launched on Sui mainnet in 2023, has achieved a historical TVL peak of $1 billion and accumulated over 1.1 million users. NAVI

According to Ripple's statement released on Tuesday, the company partnered with Jeonbuk Bank to deploy Ripple Payments for real-time cross-border remittances. The partnership enables 24/7 settlement with transactions completed in seconds to minutes, compared with traditional SWIFT transfers that

According to CoinGecko, over the past 24 hours, the top three tokens by trading volume on Upbit were USDT with a 17.29% share ($72.79 million), XRP at 8.95% ($37.70 million), and BTC at 7.75% ($32.64 million).

According to Circle's official data, the euro stablecoin EURC circulation surpassed €400 million, with supply increasing over 100% in the past year. EURC is now natively deployed across Ethereum, Avalanche, Stellar, Solana, and

Hyperliquid Policy Center and Douro Labs submitted a joint comment on August 17 urging the U.S. Securities and Exchange Commission to repeal Rule 611 of Regulation National Market System, commonly known as the trade-through or Order Protection Rule. The organizations argue that the rule's

Harvard University's investment arm held 3,044,612 shares of BlackRock's iShares Bitcoin Trust (IBIT) worth $101.4 million as of June 30, maintaining the position unchanged from March 31 according to its latest Form 13F filing. The decision marks a pause after Harvard Management Company reduced its

According to Hyperliquid Policy Center and Douro Labs, the two organizations submitted a joint comment on August 17 supporting the U.S. Securities and Exchange Commission's proposal to repeal Rule 611 of Regulation National Market System, commonly known as the

The European Union approved its 21st sanctions package against Russia on July 23, extending cryptocurrency transaction bans to 14 offshore platforms across Georgia, Panama, the UAE, the Marshall Islands, Kyrgyzstan, and Belarus. The package introduces restrictions preventing Russians and

According to The Block, South Korea's two largest cryptocurrency exchanges Upbit and Bithumb reported approximately 50% revenue declines in the first half of 2026, reflecting a significant slowdown in the local crypto market. Upbit parent company Dunamu's consolidated operating revenue fell 49.1%

Google Cloud and Solana Foundation are hosting the finals of the 'Google Cloud X Solana AI Agentic Hackathon' Demo Day on the 21st in Seoul. Approximately 10 finalist teams that passed preliminary rounds will present services combining artificial intelligence (AI) agents with blockchain payment

Kim Min-seok was elected as the new leader of South Korea's Democratic Party on May 17 at the Daejeon Convention Center with a final vote share of 54.07%. Kim proposed digital asset reforms including stablecoin introduction and the Digital Asset Basic Act as part of his '4+1 reform tasks'

Senate Majority Leader John Thune filed a cloture motion on August 8 for the CLARITY Act, scheduling a procedural vote for September 15 at 2:15 PM to advance the digital asset legislation to the Senate floor. The motion came just before the Senate entered its August 10 to September 11 recess

Ethereum Korea consortium is recruiting applicants for a fellowship program targeting Korean Ethereum researchers and builders. On the 18th, Ethereum Korea announced it will accept applications until the 23rd, with selected participants to be announced on the 31st. The program will provide

Ripple and Jeonbuk Bank signed a strategic partnership on the 18th to support the development of a next-generation digital financial ecosystem. The signing ceremony was attended by Fiona Murray, Ripple's Asia Pacific (APAC) head and core executives, alongside Park Chun-won, president of Jeonbuk Bank

According to the U.S. Treasury Department, on August 17, the agency released proposed rules for the Genius Act that ban unlicensed stablecoin issuance starting January 18, 2027. From that date, individuals and entities without federal or state authorization cannot issue payment stablecoins in the U.

According to reports, South Korean politician Kim Min-seok was elected as the new leader of the Democratic Party on August 17 with 54.07% of votes cast at the party convention in Daejeon. Kim has prioritized digital asset reform as a key policy agenda, proposing the introduction of won-denominated s

According to the U.S. Senate website and White House officials, a cloture vote on the CLARITY Act, a comprehensive digital asset regulatory bill, is scheduled for September 15 at 2:15 p.m. ET. Senate Republican Whip John Thune filed for cloture on August 8, advancing the legislation after concerns i