🌐 Digital Ecosystem News and Developments

• USDC in Europe: The European Banking Authority has designated USDC as the European Union’s first significant e-money token, and will officially assume responsibility for its financial supervision this November.
• Stellar network expansion: The Stellar network officially launched Chainlink Data Feeds to support its tokenized real-world asset (RWA) ecosystem, which exceeds $4 billion on the network.
• Ripple’s diplomatic partnership: Ripple announced a major partnership with Standard Chartered Bank, despite XRP’s price falling amid a broader market downturn.
• Long-term outlook: Despite the current correction, analysts (including Raoul Pal of Real Vision) said at conferences this October that the total crypto market capitalization could target $10 trillion over the next two years, supported by AI-driven liquidity and tokenized assets.
#CPIWatch #SouthKoreaPlansTighterCybersecurityRules #EtherTook60%OfCryptoLiquidations #BlackRockCryptoAssetsJump63%
$XRP $SOL $BNB