Axelar Pilots South Korean Won–Backed Stablecoin with XRP Ledger Korea and Hana Financial TI
Axelar has completed a proof-of-concept with XRP Ledger Korea and Hana Financial TI to test how a South Korean won–backed stablecoin could be issued, distributed, and settled. According to NS3.AI, the project is designed to prepare for future stablecoin regulations and assess the practicality of deploying a KRW-denominated digital asset within a real-world financial institution.
🚨‼️NEW HAMPSHIRE HOUSE OF REPRESENTATIVES APPROVED BITCOIN BILL
According to Odaily, the New Hampshire House of Representatives has passed a bill concerning Bitcoin reserves. This legislative move marks a significant step in the state's approach to cryptocurrency regulation and adoption. The bill's approval reflects growing interest and recognition of digital currencies within governmental frameworks.