Welcome to the Asia Pacific Morning Brief—your crucial roundup of overnight crypto developments influencing regional markets and global sentiment. Pour yourself a green tea and stay tuned.
Chinese fintech Linklogis integrates into XRPL’s growing ecosystem, while lawmakers in the Philippines push for blockchain transparency initiatives. Overall, APAC’s government adoption of crypto is accelerating with strategic Bitcoin reserves and on-chain budget systems.
Chinese Fintech Linklogis Joins XRPL’s Expanding RWA Ecosystem
Linklogis launches trade finance applications on the XRP Ledger mainnet. This partnership aims to expedite cross-border settlements for global trade and effectively tokenize supply chain real-world assets.
XRPL’s tokenized RWA volume increased by 22.81%, hitting $305.8 million monthly. The network currently ranks ninth worldwide in RWA value, with recent partnerships in the Dubai real estate and Brazilian agribusiness sectors.
Linklogis processed $2.8 billion in cross-border assets last year, with future plans for stablecoin settlements and AI-driven trade finance. The collaboration bolsters XRPL’s enterprise adoption across various jurisdictions.
Founded in 2016 and supported by Tencent and other investors, Linklogis became China’s first public supply-chain fintech in 2021. The company serves over 330,000 SMEs across 27 countries globally, with its asset scale surpassing RMB 1.5 trillion ($206 billion).
Philippine Senator Proposes Blockchain National Budget System
Philippine Senator Bam Aquino proposes placing the Philippines’ entire national budget on a blockchain. This initiative would make every peso traceable to citizens, building upon an existing Department of Budget Management blockchain platform.
BayaniChain currently facilitates certain government financial document recording systems, utilizing Polygon’s Proof-of-Stake network for transparency. If implemented, the Philippines could be the first nation with fully blockchain-based budget management.
In a separate proposal, Congressman Miguel Luis Villafuerte suggested acquiring 10,000 Bitcoin for strategic reserves. This bill would require a 20-year holding period with limited liquidation options, positioning Bitcoin alongside gold and foreign exchange reserves nationally.
BeInCrypto’s Asian Coverage
Former Coinbase CTO Balaji Srinivasan has launched Network School in Malaysia, testing blockchain governance with 400 students.
Japanese auto parts manufacturer Ikuyo invests $2 million in a US stablecoin company, causing stock prices to soar.
Stablecoin card firm Rain secures $58 million from investors including Samsung Next and Sapphire Ventures.
More Highlights
Trader White Whale is in a dispute with MEXC over $3.1 million in frozen funds, demanding in-person KYC verification.
Tiger Research predicts Bitcoin could soar to $190,000 in Q3 2025 due to institutional inflows.
Ethereum game Football.fun experiences a market cap surge of 10-fold, reaching $65 million in just two weeks.
Hedera’s stablecoin market cap drops 30%, indicating reduced network liquidity and risks of HBAR decline.
Argentina’s opposition parties have reactivated the LIBRA investigation into President Milei amid new corruption allegations.
The post China’s Linklogis Partners XRPL, Philippines Blockchain Budget and More appeared first on BeInCrypto.
