Hey Cardanians! Welcome aboard the Weekly Cardano Digest #132!

We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.

Here are the topics of the week:

• 🏦 RealFi Phase 1 Testnet Set to Go Live on Cardano July 6

• ⚡ Leios Public Testnet Musashi Dojo Goes Live on Cardano

• Midnight Partners With Buysell Standards to Globalize Korean Tokenized Assets

• Weekly Development Report

• & More!

🏦 RealFi Phase 1 Testnet Set to Go Live on Cardano July 6

 Input Output Group's RealFi will launch its Phase 1 testnet on Cardano on July 6. RealFi targets a simple but large problem: billions in stablecoins sit idle earning nothing, and the product aims to channel that liquidity into real-world lending rather than purely crypto-native yield.

The product is associated with USDr, a stablecoin designed to deploy liquidity into real-world financial instruments — direct lending, money-market instruments, U.S. Treasury bills, and global floating-rate bonds — reportedly targeting yield without lockups. The testnet phase runs alongside an initial institutional onboarding process, with broader availability anticipated later in 2026.

It is an early but meaningful step toward connecting #Cardano's stablecoin liquidity with real-economy returns, pushing DeFi beyond the closed loop of on-chain speculation and toward the kind of yield that draws institutional capital onto $ADA.

👉 Learn more

⚡ Leios Public Testnet Musashi Dojo Goes Live on Cardano

Input Output launched the first public testnet for Ouroboros Leios, Cardano's major scaling upgrade, under the name Musashi Dojo. Stake pool operators can now deploy Leios-enabled block producers, while builders test dApps, wallets, and infrastructure against it. The current linear design targets 1,000+ TPS.

The testnet runs through five structured phases named after the chapters of Miyamoto Musashi's Book of Five Rings — Earth, Water, Fire, Wind, and Void — moving from design validation through adversarial testing toward mainnet readiness. Leios runs as an overlay on Ouroboros Praos, adding parallel endorser blocks when demand rises to lift throughput.

Input Output is targeting a mainnet hard fork later in 2026. This live-launch milestone is the most significant technical step yet toward a high-throughput #Cardano, turning years of research into something SPOs and builders can finally run on $ADA.

👉 Learn more

🌙 Midnight Partners With Buysell Standards to Globalize Korean Tokenized Assets

Midnight Foundation announced a partnership with Buysell Standards, operator of the Korean security-token platform PIECE, to explore a privacy-preserving pathway for Korean tokenized assets to move from local issuance to global distribution.

The teams will test the full lifecycle of issuing and managing tokenized assets on Midnight, using selective disclosure to protect sensitive data while meeting regulatory requirements. Buysell Standards is one of seven firms approved by South Korea's Financial Services Commission to issue security tokens, with national tokenized-securities rules expected in July.

The deal places #Cardano's privacy layer at the center of a regulated RWA market in one of Asia's most active token economies — exactly the kind of compliance-heavy use case Midnight's zero-knowledge architecture was built to serve.

👉 Learn more

Interesting Stories

Essential Cardano’s weekly development report