Arf is bringing RLUSD-powered settlement liquidity to licensed cross-border payment companies on the XRP Ledger. Arf helped pioneer PayFi and has scaled to around $10 billion annually in global settlement volumes. As XRPL's native lending infrastructure comes online, it will become part of that settlement liquidity.
โPayment companies need capital to keep money moving while they wait for funds to settle. Weโre meeting that need at scale, with $10 billion in annual settlement volume and capital turning over four times a month.
Through this partnership with Ripple, weโre bringing stablecoin working capital to the XRP Ledger to help payment companies bridge that gap and support more payment volume,โโ Ali Erhat Nalbant, Co-founder and CEO at Arf, said.
Arf has already built against the proposed protocol, providing a concrete implementation of how the Lending Protocol can support institutional settlement financing.
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More than 1000 mathematicians have pledged not to work for AI companies and to avoid using their models โ to varying extents โ in their research. The move comes amid a growing backlash against the way AI companies have used their models to solve thorny mathematical problems, many of which had stumped humans for decades.
The Association of Human Mathematicians (AHM) was created in the wake of controversial discoveries from AI companies, such as the release of 722 papers in one fell swoop by OpenAI earlier this month. Membership now stretches to more than 1000 people, including professors and PhD students.
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Chinese scientists have developed a 100-channel single-photon detector, a breakthrough promising to pave the way for broadband quantum networks.
State-of-the-art single-photon detectors โ essential components underpinning photonic quantum technologies โ could previously support a maximum of 32 detection channels for photon signals.
Now, a newly developed interconnect scheme by a Shanghai-based team has broken this bottleneck, supporting more than 100 detection channels while maintaining accurate and stable operation.
โThis work establishes a robust and scalable infrastructure, paving the way for large-scale quantum photonic applications,โ โ the authors said.
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๐ G.M. Hopes to Design New Cars in as Little as 2 Years Using A.I.
General Motors plans to lean into AI and vehicle software for future growth and development amid increasing competition abroad from Chinese automakers and a tougher U.S. market.
GM also reconfirmed that by 2028, it wants to have eyes-off highway driving, or โpersonal autonomy,โ that will let drivers take their attention off the road. The automaker said that technology would start with the Cadillac Escalade IQ EV before rolling out to other, more high-volume models.
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General Motors plans to lean into AI and vehicle software for future growth and development amid increasing competition abroad from Chinese automakers and a tougher U.S. market.
GM also reconfirmed that by 2028, it wants to have eyes-off highway driving, or โpersonal autonomy,โ that will let drivers take their attention off the road. The automaker said that technology would start with the Cadillac Escalade IQ EV before rolling out to other, more high-volume models.
โAll of these developments are building us the car of the future,โ โ CEO Mary Barra said.
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As data centers expand, Representative Eugene Vindman wants the companies behind them to pay the added costs of supplying their electricity โ rather than passing those expenses to other utility customers.
The Democrat representing Virginiaโs 7th District introduced the Make Data Centers Pay Act, which would amend federal law to prevent qualifying data centersโ power and infrastructure costs from being shifted onto households and small businesses.
"Hardworking Americans should not have to pay higher electricity bills to subsidize some of the largest and most energy-intensive data centers in the world,"โ Vindman said.
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Blockchain Association has urged US congressional leaders to revise digital asset tax rules, arguing that existing requirements create uncertainty for taxpayers and compliance burdens for businesses.
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SpaceX aims to secure a minimum of 80,000 cell sites across the US, and itโs in talks with at least one major cellular infrastructure company to reach that goal.
The agreements would solidify the rocket and satellite giantโs path toward building a fourth nationwide wireless carrier. One of the companies theyโre in talks with is Crown Castle Inc., which, along with American Tower Corp. and Vertical Bridge Holdings, are among the largest owners of cellular towers.
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Microsoftโs AI diagnostic system correctly diagnosed complex medical cases in a simulation more than twice as often as generalist physicians, according to a study published Thursday in Science. Mustafa Suleyman, Microsoft AIโs CEO, called the result a step toward โmedical superintelligence.โ
The system, dubbed MAI-DxO (DxO for short), coordinates several AI agents that act like a panel of doctors. They question a patient, order tests, and debate a diagnosis.
Microsoft joins Google and OpenAI in claiming that its AI can match or outperform doctors.
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U.S. Treasuryโs OCC took a critical step toward implementing this historic legislation with the release of a final rule that delivers a federal framework for payment stablecoins that further cements American dominance in digital assets.
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Chainlink and LG CNS, a leading AI Transformation and IT service company in Korea and the technology arm of LG Group, have entered a strategic partnership to advance the infrastructure underpinning Korea's $68 billion digital asset market.
LG Group is one of Koreaโs largest business groups, with approximately โฉ186 trillion in assets across 63 affiliates. LG CNS is the lead contractor for the Bank of Koreaโs flagship digital currency initiative, Project Hangang.
The partnership is built for one of the worldโs most active and technologically advanced digital asset markets. Korea is Asia's second-largest digital asset market, with the Korean won consistently ranking second in crypto trading volume, behind only the U.S. dollar.
By combining LG CNSโs institutional expertise with Chainlink technology standards, the partnership establishes the foundation for compliant digital asset infrastructure in Korea and for global expansion. ๐
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The Department of the Treasury unveiled the proposed rule that establishes standards for large institutional investors in the housing market.
"Treasury is working to ensure American families and workers have a fair shot at purchasing homes in their communities by increasing housing supply and limiting large institutional investors' role in the market, while supporting a strong, stable housing market and avoiding unnecessary disruption," โTreasury Secretary Scott Bessent said.
The rules are open for public comment for 30 days.
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In September, U.S. Bank officially launched the pilot of USBDC on the Stellar network.
USBDC is one of the first bank-issued stablecoins deployed on a public blockchain, and itโs designed to make cross-border payments more efficient than ever.
Jamie Walker, Head of Digital Assets & Money Movement, joins Denelle Dixon on block by block to discuss U.S. Bank's stablecoin pilot, what it unlocks, and why they launched it on Stellar.
โThey say history repeats itself. When it comes to the world's most successful networks, that's a good thing. First, open networks shaped how we connect and share information.
Now, they're shaping how money moves,โ โ Denelle Dixon said.๐ธ
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The Ministry of Finance of the Russian Federation is developing a roadmap for launching experimental legal regimes (EPR) in the field of tokenization.
โ๏ธ The potential volume of investments attracted to the sector may amount to several TRILLION rubles, according to Dmitry Frolov, Director of the Ministry's Financial Policy Department.
The action plan is being formed as part of the implementation of the Tokenization Concept for Real Sector Assets, which the Government approved in February 2026.
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US first lady Melania Trump has secured โa ceasefire between Russia and Ukraine โin the Russian-controlled city of Oleshky, which will begin on October 29.
"Both โnations agreed to temporarily stop all military โaction in Oleshky to allow for humanitarian aid to enter and to prepare a civilian evacuation โthrough a designated safe passageway," โ a โWhite House statement said.
"Oleshky's remaining population is โcomprised primarily of elderly residents โwho โ urgently need medical attention, medicine, food, and clean water," โ Melania Trump said.
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With a fresh infusion of cash to his super political action committee in the first two weeks of October, Elon Musk has now given more than $445 million in the current election cycle and become one of the biggest-ever contributors to such groups.
The worldโs richest person put $77 million into America PAC, Federal Election Commission filings show, in an effort to elect Republicans in November midterm contests.
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As part of an ongoing partnership with the Stellar Development Foundation, OpenZeppelin is delivering the next major addition to its Stellar library: Confidential Token contracts.
OpenZeppelin Contracts for Stellar v0.8 is live, introducing the Confidential Token.
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The Pentagon has quietly created a secretive agency, the Technology Support Office (TSO), to develop cyberattacks, supply-chain sabotage and deception tactics aimed at slowing adversariesโ military technology programs, particularly those of China.
Led by Deputy Defense Secretary Steve Feinberg, the agency could oversee more than $1.5 billion in classified contracts.
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Ascend Markets, LLC, a wholly owned subsidiary of PSG Digital Labs, Inc. (โAscendโ), and M1X Global today announced the successful completion of the first institutional repurchase agreement (repo) on the Stellar network.
The first completed institutional repo on the Stellar network establishes an operational foundation for additional institutional repo and secured financing activity.
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