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14:17
Plasma Stablecoin Payment Chain Testnet Now Live
According to ChainCatcher, Plasma announced on X that its testnet is now live. This network is specifically built for global stablecoin payments and features core components such as PlasmaBFT consensus and an EVM execution layer designed for high throughput, speed, and scalability.
14:14
USDT0 Integrated with Bitcoin Layer 2 Network Rootstock
Odaily Planet Daily reports that the cross-chain version of the stablecoin USDT, known as USDT0, has been integrated with the Bitcoin Layer 2 network Rootstock, offering unified deployment across all chains and is fully backed 1:1 by USDT on Ethereum. USDT0 is the all-chain version of Tether’s stablecoin USDT, designed for cross-chain compatibility. Although this asset is fully backed by USDT, it is not directly managed by Tether. (The Block)
14:08
Ripple confirms plans to apply for MiCA license to expand into the EU market
According to Jinse Finance, payment solutions provider Ripple has confirmed plans to apply for a Markets in Crypto-Assets (MiCA) license in order to expand into the European Union market. A Ripple spokesperson stated that the company aims to "achieve MiCA compliance" as it recognizes "significant opportunities in the European market." This announcement comes as Ripple completed the registration of Ripple Payments Europe S.A. in Luxembourg at the end of April this year.