OSL Global announces the launch of the USD trading pairs XPL/USD for Plasma(XPL), and opens deposits and withdrawals on the Plasma network. At the same time, the platform has also launched USD trading pairs for Injective(INJ), Arbitrum(ARB), and Stellar(XLM), supporting the respective deposit and withdrawal functions.

ChainCatcher Message: Injective's governance proposal IIP-617 has been passed with an overwhelming vote, with 99.89% of community members supporting. The next phase of INJ token development has officially begun. The proposal is now in effect, which will significantly reduce the total supply of INJ tokens, making INJ one of the most deflationary assets in the crypto market.

PANews January 16 News, Injective posted on X platform that the "INJ Token Supply Deflation" governance proposal IIP-617 has reached the required voting threshold. The proposal aims to double the deflation rate of INJ, and there are currently four days left for stakers to vote. The proposal has now met the participation requirements for approval.

Canary Capital has filed an S-1 amendment with the U.S. Securities and Exchange Commission for the INJ ETF, planning to list on the Cboe Exchange, offering Injective spot prices and staking yields. U.S. Bancorp and BitGo will serve as transfer agent and custodian respectively.