🚀 Poloniex New Listing $USDR@stablrusd✅ Trading for USDR/BTC enable on Nov 3rd, 13:00 (UTC)https://t.co/iZ963xeYyR https://t.co/QkAziERjaw ...

🚀 Poloniex New Listing $USDR @stablrusd✅ Trading for USDR/BTC enable on Nov 10th, 13:00 (UTC)https://t.co/iZ963xeYyR https://t.co/8WECldbKqM ...

Core Insights - Connexa Sports Technologies Inc. (YYAI) and JuCoin Capital Pte Ltd have entered a $500 million agreement to establish aiRWA, a cryptocurrency exchange focused on real-world assets (RWA) [1][3] - The partnership aims to bridge traditional finance and the decentralized economy, leveraging both companies' strengths in digital asset innovation and traditional finance [3][5] - A new stablecoin, USDR, will be launched in Asia as part of their collaboration, targeting the growing stablecoin market, which exceeds $240 billion [7][10] Company Overview - JuCoin is a leading cryptocurrency exchange based in Singapore, recognized for its all-in-one digital asset platform and blockchain infrastructure [2] - YYAI, listed on Nasdaq, has expertise in traditional finance and capital markets, enhancing the partnership's potential [2] Strategic Initiatives - The joint venture will see both parties contribute $250 million each to launch aiRWA, focusing on RWA crypto trading [5][6] - aiRWA will provide deep liquidity, advanced cross-chain technology, and support for multi-asset trading, including NFTs and DeFi tokens [8] Stablecoin Development - The collaboration will drive growth in the stablecoin sector, with a focus on launching USDR and developing next-generation financing solutions [7][10] - The partnership will also explore cross-border payments and smart contract applications to expand the stablecoin ecosystem [9] Technological Advancements - The strategic memorandum includes joint R&D in AI applications to enhance financial technology and improve user experiences [10][11] - Both companies are committed to regulatory compliance and security, ensuring a sustainable and efficient digital financial ecosystem [14][15]