Saros ( $SAROS ) announces strategic partnership with Jupiter ( $JUP ) Saros partners with Jupiter to enhance liquidity infrastructure and trading capabilities on Solana. This integration connects Saros’s DeFi ecosystem with Jupiter’s aggregator technology, enabling improved swap routing and deeper liquidity pools for users.
🚨 Polygon & Anq are developing India’s first sovereign backed stablecoin, fully backed by government securities. If true, it could be one of the boldest steps yet toward merging India’s traditional finance with blockchain. The proposed model, reportedly called ARC (Asset Reserve Certificate), would issue a rupee-linked stablecoin backed 1:1 by Indian Government Securities (G-Secs) and Treasury Bills. Each token would represent a unit of sovereign debt not cash in banks or offshore reserves but real government paper. In theory, that gives ARC a unique foundation: sovereign-grade collateral instead of private exposure. If executed right, it could enable tokenized settlements, real world yield and institutional DeFi built directly on top of India’s debt market. But the path ahead isn’t clear. India isn’t exactly crypto friendly regulations are still tight, taxation is high, and the RBI maintains a cautious stance. Even if the model is technically sound, policy resistance could stall its adoption before it begins. The unanswered questions are big: Who issues and regulates it? Polygon, Anq, or an RBI-approved intermediary? Will the RBI allow private entities to tokenize government securities? Is it "sovereign-backed" or merely "sovereign collateralized"? And how does it coexist with India’s official digital rupee (CBDC)? Until those answers are public, ARC remains an experiment, one that could either put India at the forefront of sovereign digital finance or get buried under regulatory hesitation. Either way, it signals something important: Even in a market that taxes and restricts crypto, innovation hasn’t stopped. If India can pull this off, it won’t just be a stablecoin story, it’ll be the first real test of whether a nation can move its own government bonds fully onchain.
$EVAA Protocol launches AI-powered non-collateral loans targeting Southeast Asia’s unbanked population The protocol offers loans up to 1,000 USDT using real-time creditworthiness assessments instead of traditional collateral requirements. AI credit scoring research shows it can cut default rates by 25%. Testing begins in Indonesia via TLend on Telegram, accessing 900M+ users. Lenders earn 20% APY. The initiative targets Southeast Asia’s 70% unbanked population (World Bank, 2024).