Ripple taps Singapore’s central bank sandbox to test stablecoin-powered trade finance with RLUSD

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The pilot with supply chain firm Unloq under MAS’s BLOOM initiative would trigger cross-border payments automatically when shipment conditions are verified, a use case that connects Ripple’s stablecoin ambitions to a concrete commercial application.

Balancer Labs will shut down as corporate entity became ‘a liability’ after $110 million exploit

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Co-founder Fernando Martinelli said he considered winding down the entire protocol but decided the team deserved a chance to restructure, with the DAO targeting zero emissions, fee restructuring, and a BAL buyback to offer holders a fair exit.