X @Cointelegraph

Partnerships & Innovation - DBS, Franklin Templeton, and Ripple are partnering to launch trading and lending solutions powered by tokenized money market funds and $RLUSD stablecoin [1] - South Korea's BDACS launches the first KRW-backed stablecoin KRW1 on Avalanche [2] - SBI Shinsei teams with Partior, DeCurret on tokenized cross-border settlement trial [9] - CME Group to launch options on Solana and XRP futures [8] Regulatory Developments - The SEC approves the listing and trading of Grayscale Digital Large Cap Fund covering $BTC, $ETH, $XRP, $SOL and $ADA [3] - The SEC has approved generic ETF standards, a move that could pave the way for digital asset ETFs [4] Monetary Policy & Market Impact - The Federal Reserve signaled that it expects to deliver two more interest rate cuts later this year [5] - Fed reduces interest rates by 25 basis points (0.25%) [6] - $2 billion stablecoin inflow was recorded ahead of the Fed's upcoming rate cut decision [7] Investment & Strategy - Forward Industries announces $4 billion share sale to boost $SOL strategy [10]