Tokenized RWA trading became Hyperliquid’s largest trading category for the first time, accounting for more than half of the decentralized exchange’s weekly trading volume. Perpetual decentralized exchange (DEX) Hyperliquid’s weekly trading volume in tokenized real-world assets (RWAs) exceeded that of all other asset categories combined for the first time. RWAs generated $25.1 billion in trading volume from July 13 to July 19, accounting for 52% of Hyperliquid’s total weekly volume of $48.2 billion, according to Blockworks data. “Hyperliquid’s RWA market alone was larger than the combined crypto perpetual volume of every other DEX,” wrote ARK Invest’s research director for digital assets, Lorenzo Valente, in a Thursday X post. Read more
Ten tokenized dairy cows backed a $19,600 loan registered on Brazil’s B3, in one of Brazil’s first uses of tokenized livestock as loan collateral. Brazil’s B3 stock exchange has reportedly found a new use for dairy cows by backing a loan with tokenized cattle. The transaction involved a loan of 100,000 Brazilian reais ($19,600) secured by 10 dairy cows from Fazenda Engenho Velho in the southern Brazilian state of Paraná, valued at about 120,000 Brazilian reais ($23,500). The deal was structured by Brazilian investment fund Target FIDC, according to CNN Brasil. Each cow received a unique digital token linked to an encrypted digital identity, while AI-powered smart collars from agriculture tech company Cowmed monitor each animal’s health, reducing the need for physical inspections. Read more
Samsung Electronics plans to add stablecoin support to Samsung Wallet, expanding its mobile payments and rewards platform to include digital assets. South Korean technology giant Samsung Electronics said it plans to expand Samsung Wallet beyond traditional payments by adding support for stablecoins. The company is moving toward integrating payments, rewards and digital assets into a single wallet experience, Samsung product manager Lee Dinham said during the annual Galaxy Unpacked showcase on Wednesday. “Samsung Wallet will expand beyond cash and savings. It will embrace new forms of digital value, including stablecoins,” Dinham said. He added that the move would make Samsung “one of the first major mobile brands to bring native stablecoins to a smartphone, enabling fast and trusted digital value transfers.” Read more
The Philippine bank is preparing a stablecoin settlement pilot intended to speed up and reduce the cost of overseas payments to Filipino remote workers. The Bank of the Philippine Islands (BPI) is planning to pilot a stablecoin-based settlement rail for cross-border payments to freelancers, virtual assistants and other workers receiving overseas income, according to local media reports. Developed with global digital clearinghouse Meridian, the system is intended to reduce the cost and processing time of inbound payments while retaining safeguards used in traditional banking transactions, according to ABS-CBN and the Philippine Daily Inquirer. Stablecoins would be used as a settlement instrument before the funds are converted to Philippine pesos and credited to recipients’ BPI accounts. Read more
Bitcoin supply profitability improved versus its 2026 low, but analysis warned that a fake recovery had already broken down at the start of June. Bitcoin (BTC) investors are back in aggregate profit, but onchain data suggests it’s too early to confirm a new bull market. Key points: According to onchain analytics platform CryptoQuant, Bitcoin supply in profit rebounded above the 50% mark in July. Read more