Global insurance broker Aon is testing stablecoin payments for insurance premium settlements. The firm conducted trials using USDC on Ethereum and PayPal USD on Solana, exploring how blockchain-based stablecoins could streamline settlement processes in the insurance industry.
Archives: Fast News
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AI and machine learning narrative gains social media traction
Social media mentions of AI and machine learning in crypto are picking up, with AINFT trending as a top keyword. The combined social engagement score reached 217, suggesting growing community interest in how artificial intelligence intersects with blockchain technology and NFTs.
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XRP holders face $50B in unrealized losses as price trades below $1.40
XRP is trading at $1.35, with 60% of its circulating supply now underwater. The sustained price pressure has accumulated approximately $50B in unrealized losses across holders. Spot ETF outflows and weakening market sentiment are adding downward pressure on the asset amid the current slump.
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XRP holders experience $50 billion in unrealized losses due to price drop below $1.40
XRP’s current price of $1.35 marks a 63% decline from its July 2025 peak of $3.66, leading to over $50 billion in unrealized losses for investors.
Key resistance and support levels for XRP are set at $1.40 and $1.30, with a critical need to hold these levels to prevent further declines in price.
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SharpLink reports $734 million loss amid ETH staking rewards accumulation
ConsenSys-backed SharpLink’s treasury strategy has accumulated 14,516 ETH in native and liquid staking rewards since launching in June 2025, despite reporting a $734 million loss. The protocol continues to build its ETH position through staking mechanisms while managing significant unrealized losses on its holdings.
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Sonic Labs launches USSD stablecoin backed by tokenized Treasuries
Sonic Labs has introduced USSD, a native network stablecoin built on Frax infrastructure. The stablecoin is backed by tokenized Treasury products from BlackRock, WisdomTree, and Superstate, combining decentralized finance with traditional fixed-income assets. This approach aims to provide users with a stablecoin that maintains its peg while incorporating exposure to U.S. Treasury instruments.
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The Ethereum Foundation starts staking part of its treasury with Bitwise Asset Management
Ethereum Foundation has started staking a portion of its treasury using infrastructure from Bitwise Asset Management, with an initial stake of 2,016 ETH. They aim to stake around 70,000 ETH, approximately 140 million USD, leveraging the open-source tools Dirk and Vouch for added security.
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The USDC treasury launched 250 million new USDC tokens on Solana
The USDC Treasury issued 250 million new USDC tokens on the Solana blockchain, as reported by Whale Alert on March 9. The issuance is valued at around 250 million USD.
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Phat Dat (PDR) Wants to “Jump into” the 14ha Gold Land of the Polytechnic University after Relocation: HCMC Department of Culture and Sports Officially Responds
On March 9, the HCMC Department of Culture and Sports announced information regarding the relocation of the Polytechnic University at 268 Ly Thuong Kiet. Currently, there is no specific decision on the use of this land for commercial purposes. The city is researching the land usage plan, with nearly 40 ha already allocated for the new campus in the National University Urban Area to alleviate urban infrastructure pressure.
This relocation aims to reorganize urban space, reduce traffic congestion, and enhance the educational capacity. The government will decide on this adjustment in collaboration with relevant agencies. Phat Dat Real Estate Development Co. (PDR) has submitted a proposal to participate in this process, suggesting to research the use of the existing 14.2 ha of land after the university’s relocation, to develop additional educational infrastructure and relieve traffic pressure.