Hex Trust has launched wrapped XRP (wXRP) on Solana in collaboration with LayerZero, with plans to bring the asset to additional blockchains. The token is backed 1:1 by XRP held in Hex Trust custody and is set to debut with more than $100 million in total value locked to support DeFi trading and cross-chain use.

VivoPower International says it received Ripple approval to establish a $300 million fund that purchases Ripple Labs equity for institutional investors in South Korea. The joint venture with Seoul-based Lean Ventures targets professional allocators, while XRP trades near $1.99, down 1.71% over seven days and 11.57% over 30 days, remaining under the $2.00 level.

Ripple shifted 600M XRP across multiple wallets as the 21Shares XRP ETF (TOXR) began trading on Cboe BZX. On-chain data shows seven transfers of exactly 100M XRP completed within minutes, with four sending wallets tied to Ripple and three destinations unrecognized. XRP traded near $2.03 after a 15.7% decline over the past 30 days.

A consortium of ten major European banks has established Qivalis, a Netherlands-registered entity, to issue a euro-pegged stablecoin targeting launch in the second half of 2026. The initiative seeks to strengthen the euro's presence in digital asset markets, where euro stablecoins currently hold $605.2 million in market capitalization compared to $315.6 billion for dollar-denominated stablecoins. Qivalis will operate under Markets in Crypto-Assets Regulation (MiCAR) compliance and be led by former Coinbase Germany CEO Jan-Oliver Sell.

The United Kingdom enacted the Property (Digital Assets etc.) Act 2025 on December 2, creating a new legal category for digital assets including cryptocurrencies and NFTs. The legislation establishes digital assets as the third type of personal property alongside traditional "things in possession" and "things in action." The Act provides courts with structured guidance for resolving crypto-related disputes and applies to England, Wales, and Northern Ireland.

AI startup Anthropic will invest $50 billion to build data center infrastructure across the United States, partnering with Fluidstack to launch initial facilities in Texas and New York City in 2026. The announcement comes amid growing debate over whether massive AI capital commitments reflect transformational growth or an overheated market. Industry observers note widening gaps between investment levels and revenue generation across the sector.

Binance achieved the lowest rate of illicit wallet interactions among leading centralized cryptocurrency exchanges in June 2025. Data shows only 0.007% of Binance's transactions involved illegal wallets—2.5 times below the industry average of 0.018%, according to Chainalysis. TRM Labs independently confirmed Binance's 0.016% illicit rate compared with 0.023% for competitors.

Elixir has permanently closed its deUSD stablecoin after Stream Finance, which controlled nearly 90% of deUSD's circulating supply, reported a $93 million loss. The stablecoin lost its dollar peg and fell to $0.09. Elixir processed approximately 80% of redemption requests at a 1:1 ratio and warned users not to purchase deUSD.

Federal Reserve Board member Stephen Miran said stablecoin market expansion may reshape global demand for dollar assets and influence U.S. monetary policy. Analysts project dollar-backed tokens could hit $3 trillion by the end of the decade, exceeding certain segments of the U.S. debt market. Miran noted that rising demand for these digital instruments strengthens the dollar's global position while complicating the Fed's liquidity management approach.