According to Huoxun Finance, US President Trump stated on social media that maintaining the Commodity Futures Trading Commission's (CFTC) exclusive jurisdiction over prediction markets is crucial. He said it is essential to promote the vigorous development of prediction markets and that relevant rules are being developed as standards for each state. He emphasized that other countries are vying for this new financial market, and the US needs to maintain its leading position while protecting the global cryptocurrency industry.

According to Huoxun Finance, XRP Ledger developers have submitted a draft amendment to "AMM Swappable Curves," proposing to introduce three switchable curve types for XRPL's native automated market maker: constant product, centralized liquidity, and StableSwap. A programmable Smart AMM will also be added later, allowing liquidity providers to select the appropriate pricing curve based on asset type to improve capital efficiency. Existing AMM pools will continue using the current constant product model without migration. Centralized liquidity will be adapted for trading pairs concentrated within a specific price range, while StableSwap will be adapted for near 1:1 exchange assets such as stablecoins. This proposal is an important step for XRPL to address its shortcomings in DeFi infrastructure. Currently, there are over $3 billion in tokenized real-world assets on the XRPL chain, including the tokenized US Treasury bond redemption pilot completed by Ripple and JPMorgan Chase. However, efficient trading, lending, or yield generation of such assets still requires a more mature DeFi liquidity infrastructure. The proposal is currently in the draft stage and needs to go through the XRPL amendment voting process, which may take several months. Its final approval remains uncertain.

Huoxun Finance reports that The Digital Chamber, a crypto industry organization, responded to Senator Elizabeth Warren's questions regarding the recent OCC approvals of national trust licenses, stating that her claims of "improper approvals" for crypto companies are unfounded. Previously, Warren wrote to the Office of the Comptroller of the Currency (OCC) alleging that recent approvals for digital asset companies such as Ripple, Circle, Paxos, Fidelity, BitGo, and Coinbase may violate the National Bank Act and fail to comply with the same regulatory standards as traditional banks. The Digital Chamber stated that the OCC has the authority to grant national trust licenses to qualified institutions, and such arrangements do not equate to relaxed regulation. Representing over 250 crypto-related entities, the organization believes these licenses will help bring digital asset services into a clearer federal regulatory framework.

According to Huoxun Finance, on May 26, the US dollar index rose 0.2%, closing at 99.169 in late trading. Among major currency pairs, the euro traded at 1.1629 against the dollar, down from 1.1644 the previous day; the pound sterling traded at 1.3445 against the dollar, down from 1.3507; the dollar traded at 159.33 against the yen, up from 158.9; the dollar traded at 0.7857 against the Swiss franc, up from 0.7826; the dollar traded at 1.3813 against the Canadian dollar, up from 1.3804; and the dollar traded at 9.3198 against the Swedish krona, up from 9.2864.

According to Odaily Planet Daily, XRP Ledger developers have submitted a draft amendment called "AMM Swappable Curves," which plans to introduce three types of switchable curves for XRPL's native automated market maker: constant product, centralized liquidity, and StableSwap, with a programmable Smart AMM to be added later. This upgrade aims to allow liquidity providers to choose a more suitable pricing curve based on asset type, thereby improving capital efficiency. Centralized liquidity is suitable for trading pairs where most trading is concentrated in a specific price range, while StableSwap is more suitable for assets with near-1:1 exchange rates, such as stablecoins or pegged assets. Existing AMM pools will continue to use the current constant product model and will not require migration. This proposal is seen as an important step for XRPL to address its shortcomings in DeFi infrastructure. Currently, there are over $3 billion worth of tokenized real-world assets on the XRPL chain, including the recent tokenized US Treasury bond redemption pilot completed by Ripple and JPMorgan Chase. However, to enable these assets to be traded, lent, or generate yield more efficiently, a more mature DeFi liquidity infrastructure is still needed. However, the proposal is currently in the draft stage and will need to go through the XRPL amendment voting process, which could take several months, and its final passage remains uncertain. (Coindesk)