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No Stablecoin Mention: Bank Of Korea’s New Governor Signals CBDC Push
The newly appointed Governor of the Bank of Korea (BOK) has delivered his first policy address in office, highlighting central bank digital currencies (CBDCs) and bank-issued deposit tokens while skipping any mention of stablecoins, despite South Korea’s efforts to develop a related framework and establish a local market. New BOK Governor Pushes For CBDCs In an inauguration speech on Tuesday, Bank of Korea’s new governor, Shin Hyun-song, began his term outlining the priorities the central bank will focus on over the next four years. The BOK Governor, who is also a former head of the Monetary and Economic Department at the Bank for International Settlements (BIS), addressed the central bank’s role in a digitalized financial environment. Shin affirmed that the BOK’s mission is to safeguard trust in money and the stability of payments and settlements, while preparing for digital financial innovation. He also shared that internationalizing the won is “an important task to establish a currency infrastructure befitting our economy’s status,” highlighting CBDCs and bank-issued deposit tokens as key pieces to boost the won. Through Phase 2 of Project Han River, we will increase the usability of CBDC and deposit tokens, and through international cooperation such as the Agora Project, we will enhance the won’s standing even in a digital payments environment. However, he noted that the efforts to internationalize the won and innovate South Korea’s currency regime should not undermine the country’s financial stability. Therefore, the BOK must implement safeguards and a “macroprudential framework suited to the changed environment,” which it will discuss and develop. Despite his pro-innovation stance, the new BOK governor failed to mention stablecoins during his inaugural speech, potentially signaling that the tokens could take a secondary role under his tenure. Shin had previously addressed the topic, asserting that won-denominated stablecoins would play a role in the currency ‌ecosystem of the future and could co-exist with CBDCs and deposit tokens. “I expect that central bank digital currencies and deposit tokens will be able to coexist with stablecoins in a manner that is ⁠supplementary and competitive to each other,” he said on April 14. South Korea’s Stablecoin Legislation Stalls It’s worth noting that stablecoins have been a crucial part of the country’s digital transformation and have dominated South Korea’s policy debates over the past year. Last year, lawmakers delayed the Second Phase of the Virtual Asset User Protection Act, known as the Digital Assets Act, due to a disagreement between the FSC and the BOK. As reported by Bitcoinist, the highly anticipated legislation is expected to address the issuance and distribution of won-pegged tokens. However, the financial institutions couldn’t agree on the extent of banks’ role in the issuance of stablecoins, despite agreeing that financial institutions must be involved. While the central bank pushed for a consortium of banks owning at least 51% of any stablecoin issuer seeking approval in the country, the FSC was concerned that giving banks a majority stake could reduce participation from tech firms and limit the market’s innovation. Last week, South Korean lawmakers urged the government to prioritize stablecoin legislation. At a Korean Commercial Law Association conference in Seoul, Representative Kim Sang-hoon publicly asked the National Assembly to approve the Digital Asset Act. The chairman of the Special Committee on Digital Assets and a key lawmaker from the ruling People Power Party (PPP) expressed concerns about the delay, warning that while politicians argue over governance structures, the market is moving without them. “At a time when institutionalization is urgently needed, governance issues such as restrictions on major shareholders’ stakes have suddenly taken center stage in the discussion, while the essential discussions on market stability and support for innovation—which are the core of the bill—are being pushed to the sidelines,” he stated.

2026-04-22 11:00
Bybit Leads $8 Million Round To Scale Crypto Platform Across Malaysia
Malaysia’s crypto sector is drawing serious outside money. Bank Negara Malaysia has spent the past year rolling out sandbox pilots and tokenization roadmaps, and now one of the world’s biggest exchanges is backing a local platform to grow alongside it. Bybit Returns With A Bigger Check Bybit led an $8 million Series A round in Hata, a Kuala Lumpur-based digital asset exchange, with global family offices also putting money in. It is not Bybit’s first bet on the company. The exchange previously led Hata’s $4.2 million seed round, making this a follow-on investment in a platform it already knows well. According to the announcement, the new funds will go toward building liquidity, growing the user base, and adding more digital asset products. Hata has been operating since 2023. In that time, it has signed up more than 209,000 registered users and processed roughly 1 billion Malaysian ringgit — about $225 million — in transaction volume this year alone. For a licensed retail exchange still in its early years, those numbers show real momentum. Two Licenses, One Platform What sets Hata apart from many of its regional rivals is its regulatory standing. The platform holds licenses from both the Securities Commission Malaysia and the Labuan Financial Services Authority, which together allow it to offer trading and custody services for digital assets within the country. That dual-licensed structure is uncommon and gives Hata a compliance foundation that unregistered offshore platforms cannot match. Bybit CEO Ben Zhou pointed to Malaysia’s appeal directly. He called the country strategically important and cited its digitally engaged population and strong long-term appetite for digital asset adoption. Bybit, reports indicate, ranks as the fifth-largest crypto exchange in the world by trading volume. Malaysia Builds Its Digital Asset Framework The investment lands at a moment when Malaysian regulators are actively shaping the rules of the road for digital assets. Bank Negara Malaysia launched a Digital Asset Innovation Hub as a regulatory sandbox, opening it up to fintech and crypto firms to test use cases — among them ringgit-backed stablecoins, programmable payments, and supply chain financing, all under central bank oversight. The central bank has also outlined a three-year roadmap for asset tokenization. Institutions including Standard Chartered, CIMB Group, and Maybank are taking part in three sandbox programs focused on tokenized bank deposits and cross-border settlement. A Malaysian telecom company linked to Crown Prince Ismail Ibrahim separately launched a ringgit-backed stablecoin called RMJDT on the Zetrix blockchain under the same framework. Featured image from Pexels, chart from TradingView

2026-04-22 10:00
Crypto Fraudsters Allegedly Selling Hormuz Transit Guarantees As Iranian Fire Is Reported
As negotiations and a temporary ceasefire between the United States and Iran continue, and the Strait of Hormuz begins to reopen after a period of disruption, shipping companies are facing a new threat linked to crypto fraudsters. Greek maritime risk management firm MARISKS says it has received warnings about messages being sent to shipping operators whose vessels are currently stranded to the west of the waterway, offering “safe passage” through the strait in return for crypto payments. Hormuz Ceasefire Push Meets Crypto Scam During the same window of ceasefire talks, Iran—because it controls the chokepoint—has also proposed crypto toll arrangements for vessels seeking transit. The scam, according to Reuters, appears to mimic those discussions while steering targets toward fraudulent transfers rather than legitimate payment channels. According to the warning, the scammers demand transit fees paid in Bitcoin (BTC) or in Tether’s USDT stablecoin, in exchange for what they describe as “clearance” to pass through the strait. MARISKS reports that the messages are not vague: they include a structured demand for crypto payments designed to pressure operators quickly and out of normal procedures. Iran’s proposed legitimate system, as described through reporting and officials’ comments, could involve payments that start at roughly $1 per barrel—an amount that can translate into millions of dollars per voyage depending on the cargo and shipment size. Hamid Hosseini, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union, described an operational outline in which, after email documents from a ship are received, Iran completes an assessment and then gives vessels only seconds to make the payment in Bitcoin . The purpose, he said, is tied to sanctions risk: completing transactions rapidly is intended to help prevent payments from being traced or seized under sanctions-related enforcement regimes. Alleged Firing On Vessels These scams unfold against a broader backdrop of persistent tensions. Even while the US has kept its blockade of Iranian ports in place, Iran has reimposed its own blockade on the Strait of Hormuz. The strait remains a critical passageway: Reuters has noted that it carries about one-fifth of the world’s oil and liquid natural gas. That scale and importance help explain why operators under pressure may respond quickly to communications that appear to offer an end to delays. On Saturday, attempts to move through the strait reportedly ran into violence. Reuters reported that ships tried to pass, and at least two vessels claimed Iranian boats fired at them. In its warning, MARISKS suggested that at least one of those vessels may have been a casualty of the crypto scam—raising the possibility that fraudulent “clearance” arrangements may be contributing to dangerous outcomes at sea, not just financial losses. Bitcoin has retreated to $75,520 after starting above $77,000 on Tuesday. The cryptocurrency is consolidating between these levels as it has been unable to break above the immediate resistance at $78,500. Featured image from OpenArt, chart from TradingView.com

2026-04-22 09:00
Arbitrum Acts Fast: $71M In Ether Locked After Kelp Security Breach
Nine out of 12 council members voted yes. That detail alone tells you how divided — and how serious — the conversation inside Arbitrum’s security council got before the blockchain took its most dramatic action in recent memory. A Council Under Pressure Griff Green, a sitting member of the Arbitrum Security Council, said the group wrestled with the decision for hours. The debates covered technical, practical, ethical, and political ground before the vote was cast. “We did not make this decision lightly,” Green posted on X. In the end, the council moved 30,766 Ether — worth roughly $71.2 million — out of a wallet linked to the Kelp protocol exploit and into what Arbitrum described as “an intermediary frozen wallet.” I’m a member of the Security Council & I can tell you we did not make this decision lightly, there were countless hours of debates, technical, practical, ethical and political. But all it takes for evil to triumph is for good men to do nothing, so today, we decided to do… https://t.co/tArbmXwZKN — Griff Green – griff.eth (@griffgreen) April 21, 2026 The funds cannot be touched by the address that originally held them. Only a further action by Arbitrum governance can move them now. Law enforcement was part of the conversation. Arbitrum confirmed the council worked with authorities before acting, a detail that sets this incident apart from the usual back-and-forth that follows a DeFi hack. The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times,… — Arbitrum (@arbitrum) April 21, 2026 The Hack That Started It All The chain of events began Saturday, when Kelp — a liquid restaking protocol — was hit through its LayerZero-powered bridge. Reports indicate the theft totaled at least $293 million. LayerZero, the cross-chain messaging protocol involved, publicly pointed the finger at North Korea as the group behind the attack. The damage did not stop at Kelp. Whoever carried out the exploit used stolen Kelp tokens to borrow other cryptocurrencies on Aave, the lending platform. That move left Aave holding what risk managers described as bad debt — losses that spread through the broader crypto lending market because of how tightly connected these protocols are to one another. so a council can just freeze 30k eth and we’re still calling this decentralized? — Sandy.ETH (@david_lee2085) April 21, 2026 Backlash From The Community Not everyone welcomed Arbitrum’s response. On X, several users pushed back hard , arguing that a blockchain capable of freezing funds on council orders cannot honestly call itself decentralized. The criticism cuts at a long-standing tension in the crypto world: security measures that protect users can also be the same tools that override them. Arbitrum said the council weighed its responsibilities carefully, taking care not to affect other users or running applications on the network. Whether that assurance satisfies critics remains an open question. What is clear is that 30,000-plus ETH is now sitting in limbo, and the next move belongs to Arbitrum governance. Featured image from Unsplash, chart from TradingView

2026-04-22 08:00
Ethereum’s Supply Is Being Absorbed Faster Than It Can Be Replaced – A Perfect Setup
Ethereum is holding its ground as the broader market consolidates, with the price sitting just above $2,332 after modest gains of 1.66% over the past 24 hours and 3.35% over the past week. The moves are not dramatic, but the structure building beneath them may be more significant than the price action suggests. A GugaOnChain analysis is identifying a shift in institutional behavior that changes how the current consolidation should be read. The analysis tracks three distinct address categories on Binance — accumulating addresses, stable whale addresses, and user deposit addresses — and the current alignment between them is unusually constructive. Accumulating addresses now number 2,434, having crossed above stable whale addresses at 2,410. That crossover matters because it signals a behavioral migration: institutional participants who were previously holding stablecoins in a waiting posture are now actively executing — buying ETH and moving it into cold custody rather than keeping capital on the sidelines. The deposit side of the equation completes the picture. Binance user deposit addresses — the metric that reflects how many addresses are sending ETH to the exchange with the intention to sell — stand at just 2,314, the lowest of the three figures. For every address positioning to sell, there are many more institutions either actively accumulating or positioned with capital ready to absorb any supply that does arrive. Two Buyers for Every Seller — and the Clock Is Already Running The ratio at the center of the GugaOnChain analysis is the number that reframes everything else. Combined buying pressure — active accumulation plus stablecoin-ready institutional capital — currently surpasses potential selling pressure at a ratio of 2.1 to 1. In practical terms, for every address sending ETH to Binance to sell, two institutional addresses are either actively buying or positioned to buy the moment supply appears. The analysis describes the current $2,332 level as an armored glass floor — a price zone where the structural weight of institutional demand has become dense enough to absorb selling without giving ground. The forward assessment the report makes is specific and confident. With the convergence index above 2.0, GugaOnChain assigns a 92% probability to a breakout scenario — citing historical precedent that when deposit addresses fall below accumulation addresses at this ratio, price expansion has consistently followed within 72 to 120 hours. The institutional market, as the report frames it, is actively draining Binance’s available ETH liquidity. When that process reaches its natural conclusion, the supply available to resist upward price movement simply runs out. The risk scenario that would invalidate the setup is equally specific. A spike in Binance user deposit addresses above 2,600 — crossing above the stable whale line — would signal mass profit-taking and trigger a reversal alert. That threshold has not been approached. What the data describes, taken in full, is a supply shock already in motion. The accumulation is real, the stablecoin positioning is real, and the selling pressure is outnumbered. The 72 to 120-hour window the analysis references has already started. The market is consolidating. But underneath it, the balance of intent is shifting. Ethereum Tests Long-Term Support as Market Rebuilds Structure Ethereum is trading near the $2,300 level on the weekly timeframe, a zone that now sits at the intersection of multiple structural signals. After the sharp rejection from the $4,800 cycle high, ETH entered a sustained downtrend that culminated in a capitulation move toward the $1,600–$1,800 range earlier this year. Since then, price has staged a recovery, but the broader structure remains in transition rather than fully bullish. The most relevant development is Ethereum reclaiming the 200-week moving average, which had briefly acted as resistance during the recovery. Holding above this level suggests that long-term support is being re-established, even as shorter-term moving averages remain compressed and directionless. The 50-week and 100-week averages are flattening, reflecting a market that is no longer trending decisively but instead building a base. Price action reinforces this interpretation. The recent higher low relative to the February bottom indicates that sellers are losing control at the margin, but the inability to break above the $2,600–$3,000 region shows that demand has not yet reached expansion phase levels. Volume has normalized after the capitulation spike, pointing to reduced forced selling. For Ethereum, the current structure is less about momentum and more about stabilization ahead of a potential larger move. Featured image from ChatGPT, chart from TradingView.com

2026-04-22 07:00
Cardano Founder Warns KelpDAO Hack Exposes Ethereum’s Weakest Link
Cardano founder Charles Hoskinson used his latest livestream to argue that the roughly $292 million KelpDAO exploit was not just another bridge failure, but a broader warning about how Ethereum’s restaking, cross-chain messaging, and lending stack can turn a single compromise into system-wide contagion. In Hoskinson’s telling , the April 18 attack exposed what he sees as the most fragile part of modern DeFi: not necessarily application-level smart contracts, but the verification layers and interdependencies that sit between protocols. He said the exploit, which involved about 116,500 rsETH drained from KelpDAO’s Ethereum escrow, should force a wider industry conversation about bridge trust assumptions, verifier design, and the speed at which bad collateral can spread through lending markets. Cardano Founder Warns Of Dangerous Flaw At The Heart Of Ethereum DeFi Rather than deliver a standard postmortem, Hoskinson said he took internal incident-report material and used AI to turn it into a website that walked viewers through the mechanics of the exploit. That structure framed his larger point: the failure, as he described it, did not begin with broken contract math inside KelpDAO itself, nor with an obvious accounting flaw at LayerZero . Instead, he said it centered on a forged cross-chain message that was accepted as legitimate and allowed funds to be released on Ethereum. “So, this was not a smart contract issue with Kelp and this was not a smart contract issue with LayerZero, but this was a cross-chain message forgery,” Hoskinson said. “So this was something new and different.” The Cardano founder repeatedly returned to one design choice in particular: the reported use of a one-of-one verifier configuration. In his explanation, best practice would be a multi-verifier model such as three-of-five, but KelpDAO’s setup relied on a single active DVN. That, he argued, created an unacceptable single point of failure in a system already layered with staking wrappers, restaking protocols, bridges, and lending venues. “The failure was in the verification logic, not the application logic,” he said. “Kelp did everything right from their contracts. They’re audited. They’re working well. The application’s working well. It’s the bridge configuration.”Hoskinson also emphasized that the industry still lacks a settled account of exactly where responsibility lies. According to his summary, three separate root-cause analyses emerged after the exploit: one from LayerZero, one from KelpDAO, and one tied to LlamaRisk and Aave governance discussions but none fully agree. That leaves open whether the break occurred in the messaging layer, verifier setup, KelpDAO’s acceptance logic, or in the seams between them. What made the event especially significant, in his view, was not only the theft itself but what happened next. Instead of dumping the stolen rsETH on decentralized exchanges, the attacker allegedly used it as collateral in lending markets to borrow more liquid assets. That turned an exploit into a balance-sheet problem for other protocols, leaving what Hoskinson described as poisoned collateral behind. He called that dynamic the real novelty of the incident. “It wasn’t just a bridge hack. It spread to lending which then created bad debt contagion inside these lending protocols. It created a bank run and we saw $13 billion of TVL pulled in a very short period of time for a $290 million hack.” The Cardano founder said the broader DeFi liquidity shock reached far beyond KelpDAO itself. Citing public reporting referenced in his walkthrough, he pointed to at least nine directly affected protocols and said Aave alone saw between $6.6 billion and $8.45 billion in losses, while rsETH traded in a volatile range between about $1,600 and $2,500 during the 24 hours following the attack. He also raised the possibility of Lazarus involvement, though he acknowledged attribution remains unconfirmed. “There’s a lot of evidence here that there’s Lazarus connections,” he said, before adding that no independent forensics firms had definitively proven it. At press time, Cardano (ADA) traded at $0.2504.

2026-04-22 06:00
Kelp DAO Hacker Just Moved $175 Million In Ethereum And Started Laundering It – Here Is What We Know
One of DeFi’s largest exploits in recent memory took a new turn on Tuesday as Arbitrum’s Security Council moved to freeze $71 million of the stolen funds — and the attacker responded almost immediately. The incident began when an unknown attacker exploited a vulnerability in Kelp DAO’s LayerZero-powered bridge, draining 116,500 rsETH — approximately $292 million and roughly 18% of the token’s entire circulating supply. The scale of the theft triggered an emergency pause of Kelp DAO’s core contracts, but by then the damage was already done. The stolen rsETH was subsequently deposited as collateral on Aave V3, where it was used to borrow approximately $196 million in wrapped ether, leaving Aave carrying bad debt it had no role in creating and setting off the confidence crisis that has defined the past week in DeFi. Arbitrum’s Security Council acted by freezing 30,766 ETH — worth approximately $71 million at current prices — and moving the funds into a governance-controlled wallet. It was a meaningful intervention, executed quickly by blockchain standards. The attacker did not wait to see what came next. Within hours of Arbitrum’s move, the hacker began reacting — a development that suggests the stolen funds are already in motion and that the window for on-chain recovery may be narrowing faster than the response can keep pace with. $175 Million Is Already Moving — and the Debate It Leaves Behind Is Just Beginning Arkham data confirms what many feared once Arbitrum acted. The Kelp DAO hacker has already moved all 75,701 ETH — approximately $175 million — on Ethereum and has begun laundering the funds. The Arbitrum freeze succeeded in capturing $71 million. The remaining $175 million, the larger share by a considerable margin, is now in motion and being actively obscured. The arithmetic is stark. A coordinated intervention by one of DeFi’s most capable security councils froze less than 30% of the stolen funds. The rest left anyway. That outcome has ignited a debate that extends well beyond Kelp DAO and Aave. Arbitrum’s ability to freeze wallet addresses — even in response to a clear theft — has prompted immediate questions about what blockchain immutability actually means in practice, and who holds the authority to override it. For some, the freeze represents responsible crisis response from a mature ecosystem defending its users. For others, it represents precisely the kind of centralized intervention that decentralized infrastructure was designed to prevent. Both arguments are being made loudly, and neither is entirely wrong. What is not in dispute is the damage this attack has inflicted on DeFi’s broader credibility. The Kelp DAO exploit exposed collateral risk in lending protocols, triggered an $8.45 billion deposit exodus from Aave, sent AAVE down nearly 20%, and has now produced a philosophical confrontation about the limits of decentralization at the worst possible moment — when the ecosystem most needs to project confidence. rsETH Market Cap Reflects Instability in Kelp DAO’s Restaking Layer The market cap of rsETH — the liquid restaking token issued by Kelp DAO — is currently hovering near $1.3 billion after a sharp contraction that disrupted its prior recovery structure. The chart shows that rsETH reached peaks above $2 billion during earlier phases, but has since entered a volatile, downward-adjusting range, reflecting stress within the restaking ecosystem rather than organic market cycles. The most recent move is particularly notable. After a brief recovery toward the $1.6 billion region, the market cap was rejected and fell aggressively back toward the $1.3 billion level. This type of rapid expansion followed by equally sharp contraction typically signals forced unwinds rather than discretionary capital rotation. In this context, that aligns with the exploit involving Kelp DAO’s rsETH bridge, which introduced systemic uncertainty around the asset. From a structural perspective, rsETH is now trading below its key moving averages, with the 200-day trend flattening and beginning to roll over. That suggests the growth phase that defined its earlier expansion has stalled, at least temporarily. Because rsETH represents collateral within broader DeFi systems — including lending protocols — its market cap is not just a valuation metric, but a proxy for trust. The current compression indicates that confidence has weakened, and until stability returns, the restaking layer remains vulnerable to further volatility. Featured image from ChatGPT, chart from TradingView.com

2026-04-22 05:00
XRP Ledger Transactions Are Surging Again, Here Are The Numbers
A quiet corner of the XRP Ledger is suddenly lighting up. After years of relatively flat activity, a specific transaction type, the AccountSet, is now spiking to levels never seen before, adding to a surge in on-chain usage across the network. The increase in activity is playing out alongside rising transaction counts, expanding wallet activity, and growing institutional involvement in 2026, hinting that something more structural may be taking shape. New Numbers On The XRP Ledger What was once a rarely used function has now turned into one of the fastest-growing transaction categories on the ledger, with activity going on a huge vertical spike in 2026. Recent data shows that XRPL AccountSet transactions recently spiked to an all-time high, marking a break in years of muted activity and flat movement. To understand why this matters, it is important to know what AccountSet transactions actually do, as they are not ordinary transfers or trades. They are used to configure an account’s settings on the XRP Ledger. This includes permissions, setting operational flags, linking identity domains, and preparing accounts for features. Because of that, spikes in AccountSet transactions are a reflection of backend activity. They show that accounts are being set up, adjusted, or prepared for more advanced use cases. In practical terms, it points to infrastructure being built, not just coins being moved. In this instance, AccountSet transactions climbed past 120,000, and this is a scale of activity that normal users cannot produce. The Broader Transaction Surge: Nearly Three Million Daily The AccountSet spike is part of a wider explosion in ledger activity that the numbers make difficult to dismiss. Daily transaction volume on the XRP Ledger recently surged to almost 3 million, a near-tripling of the approximately 1 million transactions recorded per day in mid-2025, according to data published by Evernorth, the largest public XRP treasury company. The trajectory of that growth was not a straight line upward. Monthly average transactions fluctuated between 800,000 and 950,000 from May through August 2025, before declining to lows around 700,000. However, monthly averages moved past 1 million early in 2026 and continued rising, and consistent high-volume days above 3 million are now the norm. Furthermore, the ledger’s total wallet count recently breached a threshold not seen in its 13-year existence, as non-empty addresses have now crossed above 7.7 million. There is a disconnect between all of this activity and the XRP token price, which is well below its 2025 peak of $3.65. That disconnect has become a key point of focus among many crypto market participants. According to Zach Pandl, Head of Research at Grayscale Investments, regulatory clarity, specifically the passage of the CLARITY Act, could be the factor that leads to the anticipated repricing of XRP.

2026-04-22 04:00
XRP Ledger Gains Ground, Surpassing Solana In RWA Space – Pundit Shares
The XRP Ledger (XRPL) is making a power play and gaining more ground across the cryptocurrency and blockchain sector. After years of existence, the Ledger has become one of the leading networks in the sector, challenging and surpassing the likes of Solana in terms of Real-World Assets (RWAs). Real-World Assets Sharp Growth On The XRP Ledger Tokenization is picking up pace at a significant rate across the cryptocurrency space. Currently, a notable shift is taking place in the race for real-world asset (RWA) dominance. This shift is particularly evident between the XRP Ledger and the Solana blockchain. In terms of global rankings on RWAs, the Ledger has moved ahead of Solana , underscoring its growth in the tokenization space, where blockchain infrastructure is being integrated with traditional assets. The development highlights the growing need for platforms that are efficient, affordable, and scalable, in addition to signaling shifting competition dynamics across large networks. As the RWA sector continues to expand, the Ledger now holds nearly $1.9 billion in tokenized assets, which marks a key moment in blockchain adoption . In a recent interview , featuring Hugo Philion, the co-founder of Flare Networks, the expert stated that the RWAs that are issued on the Ledger can be utilized in Flare’s compute layer with privacy and compliance. Philion also made reference to the new escrow feature (TokenEscrow) created on the Ledger, expressing his excitement about the amendment. What makes this shift notable is that the XRP Ledger does not have the same kind of programmability as Solana, nor does it offer the same privacy as Canton does. This achievement is likely to spark a fresh wave of utility for XRP in the near future . According to BankXRP, the Ledger flipping Solana is a massive real institutional momentum rather than speculative hype. Sharing insights into the new TokenEscrow amendment on the Ledger, the expert has called it a game-changer for cleanly holding and releasing tokenized assets. When combining the governed settlement with the programmable and private computer layer of the Flare Networks, it leads to a future of compliance and yield-generating RWAs. Ripple’s Plan To Make The Ledger Quantum-Ready As the XRP Ledger secures more global coverage, Ripple Labs has recently announced a multi-phase plan to prepare the network for a post-quantum future, with a target for full readiness by 2028. Research from Google Quantum AI revealed that blockchain’s cryptography today, such as safe algorithms for wallets, is at risk of being broken by sufficiently advanced quantum computers . The Ripple’s Quantum-ready plan for the Ledger is being executed in 4 different phases. These include the Post-quantum recovery, the Proactive planning and experimentation, the Exploration of post-quantum primitives, and the Full transition for PQ signatures. Ripple’s team has been working ahead of this curve. With the multi-phased strategy, the firm is carefully migrating a live, global financial infrastructure without compromising the value of digital assets covered by the Ledger.

2026-04-22 03:30

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