News linked to both this project and an event.
Odaily News: Jazzi Cooper, RippleX Product Lead, announced on X that the next version of XRP Ledger, xrpld 3.3.0, is set to launch next week. Upon release, it will introduce five new features to validators: confidential MPT, batch transactions, delegated permissions, fee sponsorship and reserves, and dynamic MPT. Among these, the amendments for batch transactions and delegated permissions were previously urgently withdrawn after security researchers discovered severe vulnerabilities. She noted that XRP Ledger already has the capacity to support tokenized assets at scale, and this upgrade will further drive the adoption of these assets in global transfers, trading, collateralization, and settlement scenarios.
Sui Foundation and Mysten Labs launched the Bitcoin mortgage protocol Hashi testnet on July 22, allowing BTC to provide collateral support for on-chain lending and credit markets without being wrapped into synthetic tokens or bridged across chains. Hashi keeps Bitcoin on the Bitcoin network, with deposits secured by a 2-of-2 multi-signature mechanism that requires simultaneous signatures from Hashi's multi-party computation validators and an independent Guardian Layer. Loan terms and collateral positions are recorded on-chain, allowing lenders to view the collateral backing. Over 25 institutional partners are testing Hashi's lending and credit applications, including Bitgo, Cumberland, FalconX, Ledger, Blockdaemon, Bullish, as well as Sui ecosystem lending platforms Navi and Scallop. Wave Digital Assets has committed to advancing a three-year Bitcoin yield bond tokenization plan on Sui after the Hashi mainnet launch. Hashi has not yet announced a mainnet launch date. Sui previously unveiled the Hashi development network phase in March, positioning the protocol as a solution to improve capital efficiency for the approximately 1.4 trillion dollar Bitcoin market.
: Arcus, a decentralized exchange supported by Robinhood, launched tokenized stocks and perpetual futures on the Robinhood Chain on Tuesday. Arcus is built by the team behind the decentralized exchange dYdX and is supported by Robinhood Crypto. Arcus previously launched its spot market on July 1st when the Robinhood Chain went live. The platform offers over 95 stock tokens, perpetual markets, and crypto assets via self-custodial trading accounts, using USDG, a stablecoin issued by Paxos, as the primary collateral and settlement asset. The tokens launched on Arcus include stock tokens for major US companies such as Nvidia, Tesla, Apple, Microsoft, Meta, Google, and Amazon, as well as perpetual markets linked to stocks, ETFs, commodities, indices, and crypto assets. Arcus stated that its stock tokens are not available in the United States, Canada, the United Kingdom, and other restricted jurisdictions. The platform utilizes a self-custody model, allowing users to retain control of their assets and connect self-custodial wallets such as MetaMask, Ledger, and WalletConnect.
It is reported that Bybit has officially launched the RLUSD holdings interest campaign. Holding a minimum of 1 RLUSD earns a fixed 7% APY, with no subscription required and no locking period. RLUSD is a USD-backed stablecoin issued by Ripple, natively issued on blockchains such as XRP Ledger and Ethereum. It is fully backed by independently custodied cash and cash equivalent reserves and can be redeemed for USD at a 1:1 ratio. Campaign Highlights: • No threshold to participate, earn simply by holding, and enjoy exclusive hidden benefits for long-term holdings • 7% fixed APY, automatically distributed daily • 50,000 RLUSD Trading Competition launched simultaneously: Participate in the ranking by trading with RLUSD as UTA margin This campaign stacks holding yields + trading competition prize pool + long-term benefits, enabling users to enjoy triple benefits simultaneously. Trading Competition: https://www.bybit.com/promo/campaign/RLUSD_Trading_Competition
hardware wallet company Ledger has launched the open-source toolkit Ledger Agent Stack, enabling AI agents to interact with crypto wallets by reading balances, preparing transactions, and suggesting actions, with all transactions requiring user approval on a Ledger hardware device. Ledger stated that this release is the first step in its AI roadmap, aiming to introduce hardware-based security mechanisms into AI-driven crypto applications and prevent autonomous agents from transferring funds or accessing sensitive credentials without human approval.
Ripple announced on July 14, 2026, that it has joined the x402 Foundation under the Linux Foundation as a Premier Member, participating in the technical and governance development of the protocol. The x402 Foundation, initiated by 40 member organizations, aims to develop an open payment standard based on HTTP for AI agents, APIs, and applications. Coinbase has contributed x402 to the Linux Foundation, supporting AI agents, APIs, and applications in sending and receiving payments directly during network interactions. Ripple stated that the XRP Ledger already supports agent payments via x402, including transactions using XRP and the Ripple USD stablecoin RLUSD. (Bitcoin.com News).
a16z Crypto has released an analysis stating that traditional finance (TradFi) is not merging with decentralized finance (DeFi), but is instead selectively adopting blockchain technologies that meet its own needs. A long-standing narrative within the crypto industry has been that DeFi and TradFi will eventually merge, combining open liquidity with institutional distribution to form a new system superior to traditional finance. However, the reality may be different.The core driver for traditional finance's adoption of blockchain is not the concept of decentralization, but commercial efficiency. As long as blockchain can help institutions reduce costs, improve settlement efficiency, expand distribution channels, and enhance customer relationships, they will adopt the relevant technology. “TradFi is not entering DeFi; it is utilizing the parts of DeFi that fit its own operational models and reshaping these technologies according to institutional requirements.”a16z Crypto stated that a new category of financial infrastructure may emerge in the future—"programmable financial infrastructure" based on a blockchain foundation but optimized for institutional constraints. The blockchain technologies currently being adopted by institutions mainly include:Atomic Settlement: Reduces counterparty risk and decreases tied-up collateral capital;Shared Ledger: Lowers the cost of back-office reconciliation;Programmable Money: Automates interest payments, margin management, and corporate actions;Automated Market Makers (AMM): Being repurposed for on-chain foreign exchange and tokenized asset pricing.
According to The Block, Ledger's security research team Donjon disclosed a security vulnerability in Tangem hardware wallet cards. After obtaining the physical card, attackers can use laser fault injection equipment to bypass recovery state verification in the firmware and reset the password, thereby controlling the wallet and initiating transactions. The research states that this vulnerability affects all Tangem cards currently in circulation, and since the product does not support firmware updates, it cannot be fixed via patches.
According to CoinDesk, Swift announced that its blockchain-based shared ledger platform is ready and will launch real-time transaction testing with 17 major banks. Participating institutions include HSBC, UBS, BNP Paribas, Citi, BNY, and Wells Fargo, among others, covering six continents. The platform aims to enable 24/7 cross-border payments through tokenized deposits, allowing banks to transfer funds for customers during nights and weekends, and providing liquidity support before final settlement is completed in existing payment systems. Swift clearly stated that the ledger system is positioned as a complement to existing payment rails, not a replacement.
Jack McDonald, Senior Vice President of Ripple's stablecoin business, disclosed eight recent developments regarding RLUSD in a post on X on June 29, covering settlement, regional access, on-chain liquidity, cross-border payments, multi-chain support, exchange listings, charity, and the Japanese market. Mastercard has expanded its settlement capabilities to support RLUSD across eight blockchain networks, including the XRP Ledger. Ripple has also expanded RLUSD's availability in Turkey through partnerships with BiLira, Bitexen, and Bitlo, and collaborated with Bitso to enable RLUSD and MXNB to support liquidity and cross-border transactions via the XRP Ledger's Permissioned DEX. RLUSD has also achieved multi-chain support through Wormhole Native Token Transfers and entered the Japanese market via SBI VC Trade after receiving approval from the Japan Financial Services Agency. Additionally, RLUSD has been listed on exchanges such as Gate and Floq, integrated with the cross-chain infrastructure provider Squid Router, and Ripple has joined Water's GetBlue campaign as its exclusive digital asset and payment partner.
According to an announcement by the Hong Kong Monetary Authority, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly announced on June 29 that they have completed the first-phase review on promoting the further application of Distributed Ledger Technology (DLT) in Hong Kong's fixed income market. The review results confirmed that Hong Kong's existing legal and regulatory environment is sufficiently flexible to support the issuance of tokenized bonds. The Companies Registry released frequently asked questions on the same day, clarifying that registers of debenture holders maintained using DLT comply with the relevant provisions of the Companies Ordinance. The next phase of the review will commence in the second half of this year, focusing on legal optimization issues such as allowing electronic signatures to execute tokenized bond issuance documents, as well as the "possession" and "transfer" of tokenized fixed income products, to promote the wider application of DLT in the fixed income market and the digital asset sector.
Ripple is advancing the addition of a lending infrastructure layer on the XRP Ledger (XRPL), enabling institutions to raise funds using on-chain tokenized assets as collateral. The protocol will automatically execute loan terms, while credit evaluation and lending decisions remain handled by off-chain institutions.According to disclosures, the proposal is named the XRPL Lending Protocol (corresponding to XLS-65 and XLS-66 standards). It is currently in the technical draft stage and will require approval through validator voting before launching on the mainnet, but developer testing has already been opened on the test network.The protocol’s design splits the lending process into two parts: on-chain management of liquidity pools, interest calculation, repayment execution, and default handling; while borrower credit assessment and loan term setting remain with traditional financial institutions to meet compliance requirements across different jurisdictions.Ripple states that the mechanism is primarily aimed at institutional short-term liquidity needs. For example, in cross-border payment scenarios, temporary financing through stablecoins or collateral assets can be obtained before settlement is completed, thereby improving capital efficiency.Analysts believe that while the plan attempts to introduce a “rule-enforced lending infrastructure” similar to traditional finance while maintaining XRPL's open network attributes, it will still face competition from established on-chain lending protocols such as Aave, Compound, and Maple. (CoinDesk)
Squid, a cross-chain infrastructure platform, has announced the integration of RLUSD, the stablecoin issued by Ripple. Users can now swap into or out of RLUSD in a single transaction across different blockchains and digital assets.Through this integration, RLUSD will gain access to over 100 blockchains and more than 20,000 tokens supported by Squid. Users can directly exchange assets such as USDC, USDT, ETH, and XRP for RLUSD without needing to manually bridge chains, wrap tokens, or execute multiple transactions.RLUSD is natively issued on the XRP Ledger and Ethereum, and has been extended to Ethereum Layer 2 networks such as the XRPL EVM Sidechain, Optimism, Base, Ink, and Unichain via Wormhole's Native Token Transfer standard. Squid's routing layer sits atop these underlying transfer mechanisms, allowing users to utilize RLUSD irrespective of the specific issuance chain.Squid states that its intent-based routing system, which uses market makers to fulfill orders with liquidity on the destination chain, can settle transactions within seconds and is compatible with various cross-chain messaging and issuance standards. Beyond end-users, developers can also integrate RLUSD through Squid's tools for applications including cross-chain payments, treasury management, user onboarding, and DeFi.
According to an official announcement, MoonPay has integrated its decentralized cross-chain trading service, MoonPay Trade, with Ledger Wallet. Users can now swap assets across multiple major EVM-compatible chains via Ledger Wallet’s Swap feature, benefiting from transparent pricing, low slippage, and clear signature verification.
According to CoinDesk, Ripple is attempting to introduce XRP and its stablecoin, Ripple USD, into the AI agent payment market—currently dominated by the dollar-pegged stablecoin USD Coin—in order to penetrate the on-chain micropayment ecosystem. It has launched the “XRPL AI Starter Kit,” a toolkit for developers to build AI agent payment capabilities, enabling agents to perform payments, check balances, and conduct wallet operations on the XRP Ledger, and supporting automated payment workflows based on the x402 protocol. However, Ripple has not yet disclosed any large-scale, production-ready customers or real-world AI agent payment transaction data; the initiative remains in the early infrastructure and developer ecosystem exploration phase.
Ripple has announced a new toolkit for developers to build "agentic payments" applications on the XRP Ledger (XRPL), enabling AI agents to execute automated financial transactions.Ripple stated that AI agents are no longer a future concept; they are already actively participating in paying for computing power, settling invoices, and completing transactions without human intervention. As the application of AI agents expands, the market is accelerating the construction of machine-oriented payment infrastructure, including wallets and stablecoin payment channels, allowing AI to autonomously handle service payments and asset trading.This week, Robinhood also launched a related initiative, allowing users to try stock trading executed by AI agents, with plans to expand into the crypto asset sector in the future; MetaMask has also released a non-custodial wallet solution for AI agents.Ripple pointed out that traditional payment systems are primarily designed for human-initiated and approved processes, whereas AI agents require infrastructure that enables rapid settlement, predictable outcomes, and no need for manual approval. It emphasized that its new toolkit also supports payments based on the x402 protocol, allowing settlement using XRP and Ripple USD (RLUSD).Meanwhile, the IC3 team, composed of researchers from multiple universities, stated that while combining AI with blockchain can achieve automated transactions, AI agents remain highly dependent on humans and the underlying infrastructure and do not possess complete autonomy. (The Block)
Ledger's Donjon security research team successfully bypassed the firmware verification system of the TROPIC01 chip inside the Trezor Safe 7 using laser attacks in a laboratory setting. Chip manufacturer Tropic Square subsequently discovered another attack path affecting the chip's MAC-and-Destroy security mechanism. This vulnerability currently impacts all TROPIC01 chips in production within the field. Trezor stated that the TROPIC01 chip is one of three independent security layers within the Trezor Safe 7, and user funds, wallet backups, and private keys are not stored on it.The chip's hardware encryption storage mechanism completely withstood Ledger's extraction attempts during initial testing. Tropic Square has delayed the release of technical details regarding the vulnerability until the launch of a reinforced silicon version of the TROPIC01 chip later in 2026, with full details expected to be disclosed in the spring of 2027.A firmware mitigation is currently available by disabling the chip's MAINTENANCE mode. Trezor CEO Matej Zak stated that PINs, wallet backups, and user fund keys have never been stored on a single chip. (The Block)
XRP Ledger developers have submitted a draft amendment titled "AMM Swappable Curves," planning to introduce three types of switchable curves for XRPL's native automated market maker: constant product, concentrated liquidity, and StableSwap, with a programmable Smart AMM to follow.This upgrade aims to allow liquidity providers to choose a more suitable pricing curve based on asset type, thereby improving capital efficiency. Concentrated liquidity is suitable for trading pairs where most transactions are concentrated within a specific price range, while StableSwap is better suited for assets with near 1:1 exchange rates, such as stablecoins or pegged assets. Existing AMM pools will continue to use the current constant product model and do not require migration.This proposal is seen as a crucial step for XRPL to bridge its DeFi infrastructure gap. Currently, there are over $3 billion in tokenized real-world assets on the XRPL chain, including the recent tokenized U.S. Treasury redemption pilot conducted by Ripple and JPMorgan. However, for these assets to be traded, lent, or generate yields more efficiently, a more mature DeFi liquidity infrastructure is still needed.However, the proposal is still in the draft stage. It will need to go through the XRPL amendment voting process, which could take several months, and its eventual approval remains uncertain. (Coindesk)
The Ethereum Foundation announced that Clear Signing has officially launched, aiming to eliminate “blind signing” by defaulting Ethereum transaction signatures to human-readable formats—thereby enhancing both user experience and security. Spearheaded by the Ethereum Working Group, the initiative includes: ERC-7730 for generating human-readable transaction descriptions; a neutral, mirrorable descriptor registry; ERC-8176, a proof framework enabling auditors to verify descriptor integrity; and open development tools for wallets, protocols, and auditors. Participants include Ledger, Trezor, MetaMask, and WalletConnect.
According to The Block, blockchain security firm CertiK released a report on May 8 stating that 34 confirmed “wrench attacks” (i.e., offline physical assaults and extortion targeting cryptocurrency holders) occurred globally in the first four months of 2026—an increase of 41% compared to the same period in 2025. Victims’ total losses amounted to approximately $101 million. If this trend continues, the annual number of incidents is projected to reach around 130, with losses potentially totaling hundreds of millions of dollars. Geographically, 28 of the 34 incidents (82%) occurred in Europe, with France standing out particularly: 24 cases were recorded there in the first four months of 2026 alone—exceeding the full-year total of 20 incidents in 2025. CertiK attributes this surge to France’s hosting of flagship crypto firms such as Ledger and Binance, frequent data breaches, and a community culture of conspicuous wealth display and proactive doxxing. In contrast, reported incidents in the U.S. dropped from nine in Q1 2025 to three in Q1 2026, while Asia saw a decline from 25 to two. Regarding attack patterns, CertiK notes that criminal groups have shifted toward a “data-driven targeting” model—purchasing victims’ names, addresses, and asset information from data brokers, thereby reducing the need for physical reconnaissance. Over half of this year’s incidents involved threats against or direct harm to victims’ family members (spouses, children, elderly parents) as a coercive tactic. Operationally, small gangs of three to five individuals typically carry out these attacks via