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Crypto

Ripple\'s RLUSD tops $1 billion in net inflows in three months, fastest-growing stablecoin

Ripple\'s stablecoin RLUSD logged more than $1 billion in net inflows over the past 90 days, making it the fastest-growing among major stablecoins, Decrypt reported. It was the only stablecoin to top $1 billion in three-month net inflows. Over the same period, USDC and Tether USDt recorded net outflows of $1.6 billion and $2.6 billion. RLUSD\'s market value and transfer volume rose, while its holder count and monthly active addresses declined.

Crypto

Dollar stablecoin market tops 400 trillion won as Korea faces double bind on won stablecoin

The global stablecoin market has grown to about 400 trillion won, with dollar-backed tokens dominating and strengthening their position in payments and remittances. In South Korea, debate over issuers, reserve asset management and redemption is slowing progress on the Digital Asset Basic Act. Industry participants say allowing won stablecoin issuance is not enough and that viable payment use cases, liquidity, distribution channels and supporting infrastructure must be built alongside regulation.

Crypto

Wemix upgrades bug bounty with CertiK to strengthen detection of key threats

The Wemix Foundation has revamped its bug bounty programme with blockchain security firm CertiK, shifting it to the CertiK Hunt platform. The new programme focuses on the Wemix 3.0 blockchain and governance contracts and uses a three-tier severity system. Reports of critical vulnerabilities can earn up to $10,000, paid in USDT on Ethereum. Participation is restricted to vetted researchers, and only top-tier Vanguard members can submit reports.