The SEC and CFTC are working on a memorandum to enhance their cooperation and streamline communication through joint meetings.
Chairman Atkins emphasized the need to prevent companies from facing confusion between the two agencies and ensure clear guidance is provided.
Paxos and Global Dollar have begun streaming $150,000 into the USDG market over the next five weeks. The injection is expected to improve real-world asset yields on Pendle, a yield farming protocol that aggregates RWA opportunities across DeFi platforms.
Sonic Labs has entered the stablecoin market with the launch of USSD, built on Frax Finance infrastructure. The stablecoin is fully backed by US Treasury bills, positioning it within the growing segment of collateralized stablecoins. The move represents Sonic Labs’ expansion into decentralized finance beyond its core blockchain platform.
The liquidation event on Aave was caused by a configuration problem with the CAPO risk oracle, leading to parameters not aligning properly.
Both Chaos Labs and BGD Labs took actions to mitigate the situation and restore stability in the system.
Ripple is set to finalize the acquisition of BC Payments Australia by April 1, 2026, to gain access to an AFSL, vital for providing financial services in Australia.
According to Fiona Murray, Ripple’s APAC managing director, the investment is justified due to significant institutional interest in digital assets, reinforcing Ripple’s strategy to scale its operations in Australia.
Ripple’s Asia-Pacific managing director Fiona Murray stated the company has identified sufficient institutional demand in Australia to justify acquiring a local financial services license. The fintech firm is targeting April 2026 to complete the acquisition process, positioning itself to offer regulated payment and settlement services in the region.
Total crypto market cap stands at $2.38T with 24-hour volume at $114.04B. Bitcoin dominance holds at 58.82% while Ethereum at 10.33%. BTC trades at $70.1K, up 1.78% in 24 hours and 2.65% over 7 days. ETH at $2.0K, gaining 1.30% daily and 2.97% weekly.
Top gainers include KAIA (+8.62%), FET (+7.13%), and VIRTUAL (+6.55%). Notable losers: DEXE (-11.84%), FIL (-8.22%), and KITE (-6.57%).
Futures sentiment shows strong bullish positioning: BTC long/short ratio at 1.33 (57% long, 43% short), ETH at 1.94 (66% long, 34% short), and SOL at 2.54 (71.8% long, 28.2% short). Options data indicates moderate caution with BTC put/call at 0.69 (IV 62.7%) and ETH at 0.63 (IV 83.5%).
In DeFi, Ondo Yield Assets TVL declined 15.2% to $2.1B. Macro backdrop: 10-year Treasury yield down 0.7% to 4.12%, while 2-year yield holds at 3.56%. Gold and silver saw mixed pressure, with gold down 1.5% and silver off 0.2% on the day.
Matt Hougan, Bitwise’s CIO, reiterated the potential for Bitcoin to hit 1,000,000 USD, viewing it as a competitor to gold in the global store of value market valued at nearly 38 trillion USD.
He noted that with a compound annual growth rate of 13% over the next decade, the market could swell to approximately 121 trillion USD, allowing Bitcoin to capture around 17% to reach its target price.
Recent trends in institutional investments support this outlook, as significant funds have begun allocating to Bitcoin, although risks such as government debt remain present.
Negotiations are underway among US Senators regarding stablecoin yields to push forward the postponed CLARITY bill.
Banking industry lobbying has raised concerns over stablecoin yields potentially siphoning off bank deposits, prompting the need for compromise.
Angela Alsobrooks and other Senators stress the importance of compromise for innovation, suggesting yield models be linked to account activity.
The survey shows strong consumer backing for restricting stablecoin yields, with 84% believing banking service providers must follow regulations. Nearly half of participants express uncertainty about Congress’s role in limiting stablecoin rewards.
Interestingly, 80% of respondents have never owned a stablecoin, demonstrating a significant gap in engagement. Additionally, 48% of participants are unlikely to consider stablecoin investment in the coming year.