XDC Jumps Nearly 8% on Yen Stablecoin Payment Talks
- —XDC gained 7.91% to $0.03397 on about $18.6 million in 24-hour volume
- —Oct. 20 memorandum covers yen stablecoins for Japanese travelers' payments in Korea
- —Spot volume rose roughly 59% while open interest stayed low
- —Circulating supply is 21.48 billion XDC of 38.1 billion total, about 52%
Why it matters: The agreement is exploratory with no launch date or named stablecoin, so the rally may prove to be short-term speculation.
Source: Cryptonews.net