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? The Dinarian on Locals brings you the latest in news, interviews, in-depth conversations, and stories from across the blockchain and global communities—within and beyond cryptocurrency ?. Experts delve into how blockchain technology is reshaping industries, enhancing business networks ?, transforming transaction workflows, and advancing distributed ledger systems ??. We also explore intriguing topics that may venture into the realm of conspiracies—and so much more!
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How Ripple Utilizes XRP for Cross-Border Payments

Trillions of dollars in payments are sent across borders every year. Yet, the traditional mechanisms supporting these transactions remain slow, expensive, and prone to failure. New, emerging solutions are leveraging the power of blockchain to overcome the limitations of these conventional payment systems—and Ripple is leading the charge.

Ripple Payments enables faster, more reliable, and more affordable cross-border transactions using digital assets such as XRP, a purpose-built blockchain for financial applications, to bridge currencies. Still, despite nearly half of financial institutions and enterprises considering cross-border payments a top use case for crypto, misconceptions, and questions about the technology persist.

Let’s address some of the most frequently asked questions about how Ripple uses XRP and digital assets in its cross-border payments solution.

How does Ripple Payments work?
Traditional cross-border payment rails rely on an increasingly small number of correspondent banks to carry out transactions, which are often plagued by slow settlement times, little visibility into the payment during processing, and cumbersome pre-funding requirements that tie up vital working capital.

Worse, the further a payment is from a Western financial institution, the greater the number of intermediaries required to complete the payment, which leads to more expensive transactions and points of failure. The resulting high-cost payments have a disproportionately negative impact on underdeveloped regions and underserved populations. For example, smaller remittance payments typical of migrant workers can be hit with fees averaging from 10% to as high as 20% of the principal.

Ripple’s payments solution helps reduce the number of intermediaries throughout the payments process. This significantly reduces high costs and unnecessary friction associated with traditional cross-border transactions.

How does Ripple Payments create a frictionless experience for customers?
XRP and other digital assets used in the payment flow serve as bridge currencies to last-mile fiat payouts, while the underlying blockchain technology powering Ripple Payments enables faster transactions.

How does Ripple Payments create a frictionless experience for customers?
XRP and other digital assets used in the payment flow serve as bridge currencies to last-mile fiat payouts, while the underlying blockchain technology powering Ripple Payments enables faster transactions.

For more than a decade, Ripple has worked with partners around the world to build a network that represents more than 90% of the global FX market. Given that Ripple Payments can bridge two currencies in three seconds with one fixed FX rate, Ripple actually reduces friction and streamlines the entire process while unlocking access to hard-to-reach markets.

How does the speed and efficiency of Ripple Payments compare to traditional finance systems?

Ripple Payments enables near real-time payments settlement, reducing a process that can take at minimum 3–5 days using traditional finance, down to mere seconds. In fact, 58% of global payments leaders see faster payments as the number one value proposition for incorporating crypto into cross-border payments.

Unlike the existing correspondent banking system, Ripple Payments provides up-front pricing and FX quotes, real-time updates on payment status, and is available around-the-clock—including weekends, holidays, and outside of traditional bank hours.

How does Ripple Payments address regulatory compliance standards?

Ripple has embraced a compliance-first mindset from day one. The Ripple Payments flow enables greater payments transparency so users can meet certain compliance obligations, such as those related to sanctions screening and recordkeeping.

Ripple Payments also meets global standards like ISO 20022 (international standard for structured payment data), ISO 27001 (international standard to manage information security), and SOC 2 Type II (ensures compliance with data security standards). This means customers can leverage streamlined global payment rails with a partner that prioritizes transparency and security.

What safeguards does XRP Ledger employ to ensure the accuracy of transaction data at its source?

Blockchain transactions are immutable in nature, meaning that once a transaction is recorded, it cannot be altered or deleted. This makes it impossible for malicious actors to tamper with transaction data recorded on the XRP Ledger — the only blockchain built for business — and ensures that the information is accurate, enhancing overall data security and integrity.

How do financial institutions perceive the role of blockchain technology in the future of global finance?

The global payments landscape is rapidly evolving and financial institutions increasingly recognize the transformative potential of blockchain. Ninety percent (90%) of global finance leaders say the technology will have a significant or massive impact on business, finance, and society within the next three years.

To stay ahead of that innovation curve, many are actively building crypto-native or digital asset teams. Ripple is helping to drive this shift and its adherence to ISO 20022 standards is representative of its commitment to global interoperability and its ability to bridge the gap between traditional finance and crypto.

The Future of Finance
Ripple Payments is revolutionizing cross-border transactions, enabling value to move around the world just as information does today. Despite misconceptions, Ripple offers a fast, reliable, affordable solution that paves the path to a more inclusive and efficient global financial ecosystem

https://ripple.com/insights/how-ripple-utilizes-xrp-for-cross-border-payments/

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Built On Stellar XLM 💎 😉

Blockchain adoption demands both privacy and transparency. Stellar is built for both.

@tomerweller, SDF's Chief Product Officer, shares the path to privacy on Stellar:

Dont underestimate Stellar..
This is financial advice. 💎

00:01:01
⚠️ The entire cross-chain bridge & CEX model is built on a flawed premise ⚠️

The entire cross-chain bridge & CEX model is built on a flawed premise: custodial trust. This is a bug, not a feature.
​What if you could execute a native BTC <> native SOL (or ETH, USDC, USDT, XRP, RWAs, tokenized assers, etc.) swap with zero counterparty risk? No bridge, no CEX, no wrapped assets, not even a DEX!

​This video breaks down the P2P atomic swap architecture that makes it possible. (Thread 👇)

https://x.com/ReggieMiddleton/status/1973467803656032281

00:02:12
In the first SEC-CFTC Joint Roundtable in 14 years, Pyth is mentioned.

✓ The US Dept of Commerce worked with Pyth to bring data onchain

✓ Institutions are using Pyth data in live trading models

Dave Olsen, from Jump Trading Group at the SEC-CFTC Joint Roundtable ⬇️

00:00:37
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading

🚨BREAKING: CRYPTOCOM GETS CFTC LICENSE

Crypto ․com is now the first major crypto platform to secure a U.S. CFTC derivatives license.

Ledger now supports @hedera tokens!

This means you can now manage your favorite HTS tokens, such as @SaucerSwapLabs, @gib_plz, @HashPackApp, @KabilaApp, @dovuofficial, and more, easily and securely through Ledger Live.

Head over to Ledger Live now to check it out!

https://x.com/Ledger/status/1973355804469371017

Saving and sending money across Africa shouldn't be expensive or slow. 🌍

Our USD-backed stablecoin, $RLUSD, is changing that: on.ripple.com/4nwqIic

Through partnerships with @chippercashapp, @VALRdotcom, and @yellowcard_app, we're reducing costs, boosting speed, and delivering reliable access for individuals and businesses across the continent.

Learn how stablecoins are transforming financial services across Africa and beyond.

https://ripple.com/insights/rlusd-in-africa-a-new-chapter-for-stablecoins-and-financial-inclusion/

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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🔗 Crypto Donations👇
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

Source

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If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are EternlTyphonVesprYoroiLaceADAliteNuFiDaedalusGeroLodeWalletCoin WalletADAWalletAtomicGem WalletTrust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

🙏 Donations Accepted 🙏

If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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