DSRV and SBI Ripple Asia have launched a joint research initiative to develop a new blockchain payment infrastructure between South Korea and Japan, aiming to modernize remittances and cross-border payments using XRP Ledger. This project seeks to enhance transaction speed, reduce fees, and ensure compliance with existing financial systems while considering legal frameworks in both countries. If successful, it could set a precedent for large-scale international payment corridors.

February 25 News, Bitcoin spot ETFs are experiencing a rare consecutive capital outflow cycle, with net redemptions occurring for six consecutive weeks, indicating a clear shift in institutional funding attitude. Data shows that on February 23 alone, net outflows reached $203.8 million. Previously considered a long-term allocation tool, ETFs have now become one of the sources of phased selling pressure, directly exacerbating market volatility. In terms of price, Bitcoin has fallen below the key level of $63,000, nearly a 50% retracement from the October 2025 all-time high of approximately $126,000. Market risk appetite has significantly cooled. The current average holding cost for ETF investors is about $84,100. With the current price around $68,000, most institutional accounts are still showing approximately 20% unrealized losses, further amplifying the motivation for redemptions.