Project Progress

MoonPay released the Open Wallet Standard (OWS) on March 23, an open-source wallet standard designed to provide a unified wallet standard for the AI economy, supporting multiple blockchains and adopting secure key management mechanisms. The standard has been launched on multiple platforms.

Personal AI Agent platform Starchild integrated Stripe payment system on March 23, streamlining user payment processes and introducing multiple social login options to enhance registration and access convenience. The platform is committed to providing seamless AI services to global users and building an inclusive ecosystem.

OpenClaw released a new version on March 22, introducing the ClawHub plugin marketplace, support for MiniMax M2.7, GPT-5.4-mini, and GPT-5.4-nano models, and the launch of a single-agent inference feature. It also integrates OpenShell and SSH sandbox environments, along with access to multiple search tools.

Katana, a blockchain nurtured by Polygon Labs, has acquired IDEX and launched Katana Perps, a platform for perpetual futures trading that integrates both spot and derivatives. This marks a significant step for CEO Matthew Fisher as Katana aims to capitalize on the booming on-chain derivatives market.

Author: Jae, PANews On March 19, Solana's stablecoin supply officially crossed the historic threshold of $17 billion. This figure not only set a new record for the Solana network, but also reflects the resilience of its ecosystem in expanding against the trend during a bear market, advancing toward the goal of "Internet Capital Markets." Behind the $17 billion is no longer driven by simple MEME coin speculation frenzy, but rather the result of policy dividends, Wall Street institutional integration, and ecosystem synergistic effects. From Stripe to PayPal, from Visa to BlackRock, giants from Wall Street and Silicon Valley are influencing Solana's development with real money. From $1.5 billion to $17 billion, a steep recovery

Japan's SBI VC Trade, under the SBI Holdings financial group, will launch USDC lending services in 2026, providing users with annualized returns. This is Japan's first lending service targeting stablecoins, with an anticipated annual interest rate of 5%. This service not only introduces new yield options but also expands the financial applications of stablecoins, demonstrating Japan's emphasis on the legitimacy and operational standards for stablecoin utilization.

Pi Network has upgraded to Protocol 20, enabling smart contracts and apps on its network. This shift moves the focus from mobile mining toward real use cases. The rollout will be careful and gradual, including audits and community feedback before going live. Reactions are mixed, with excitement for growth and caution about past delays. The next phase involves testing smart contracts, aiming to establish real utility in the Web3 space.

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Babylon announced that the market demand for Wrapped BTC and cbBTC has been validated, with the total value now exceeding $14 billion. The lending demand on the Aave platform has grown significantly, and BTC holders are increasingly interested in on-chain financial services. Trustless Bitcoin vaults will simplify the lending process, strengthen the decentralized nature of native BTC, and promote the development of the DeFi ecosystem.

Malaysia's Johor Regent Tunku Ismail Idris owns a diversified business empire spanning real estate, construction, healthcare, and cryptocurrency. His subsidiary launched the stablecoin RMJDT pegged to the ringgit, which is currently in the regulatory sandbox testing phase. The Johor royal family's assets are approximately 5.7 billion, primarily concentrated in Singapore real estate.

Gate News reported that on March 23, RWA tokenization platform Midas announced that due to the association between mAPOLLO and USR tokens, the team has temporarily suspended the instant redemption function for mAPOLLO assets out of caution. Midas emphasized that this is a standalone measure for mAPOLLO, and operations of other assets on the platform remain unaffected.

Gate News reported that on March 23, the IoTeX Foundation announced the official launch of a cross-chain bridge security incident compensation claims channel. According to previous reports, analysts noted that IoTeX private keys were suspected to have been compromised, with asset losses of approximately 4.3 million dollars; the IoTeX official statement indicated that on-chain attack losses were approximately 2 million dollars.

Solana Foundation President Lily Liu stated that blockchain gaming is difficult to recover and bluntly said it "won't come back," reflecting shaken market confidence. Despite once attracting massive investment, the gaming model lacks sustainability and content, causing the market to shrink to $1.212 billion. Developers are shifting focus to emphasize gaming essence, viewing blockchain as an auxiliary technology rather than a core selling point.

Swiss private bank Banque Syz SA in Geneva has erupted into a generational family split due to major disagreements between founder Eric Syz and his son Marc Syz over cryptocurrency strategy. Marc has departed along with business partner Richard Byworth, planning to advance a dual listing for bitcoin treasury company Future Holdings AG.

XRP open interest declined approximately 75%, indicating that leveraged traders are exiting the market, but stablecoin fragmentation may increase bridge demand for XRP. Evernorth Holdings' IPO application demonstrates that institutions still view XRP's long-term value positively. The overall market faces macroeconomic pressure, with weak short-term momentum structure.

Pi Network's recent price has risen to $0.198, outperforming the broader crypto market, primarily driven by capital rotation and the launch of a new token platform developed through Protocol 20 upgrades. Analysts point out that PI's gains reflect fundamental improvements rather than passive market influences. Going forward, PI's price movement will be affected by altcoin season indices and market sentiment, with $0.20 serving as resistance and $0.19 as support.

Gauntlet is discussing solutions with Resolv and is formulating a compensation plan. The Gauntlet USD Alpha platform and liquidity providers are unaffected by the USR issuance event, with most vaults remaining stable, and only a few high-yield vaults experiencing limited impact.

Resolv Labs announces the enablement of redemption functionality for pre-attack USR, scheduled to launch on March 23rd, with affected users required to contact RDAL. This incident stemmed from a third-party attack, with underlying assets remaining uncompromised. The protocol is currently tracking illegally minted USR and recommends users suspend related transactions.

The Fluid team has secured short-term loans covering 100% of non-performing debt to ensure user funds safety. ResolvLabs will handle USR positions prior to the security incident, and investors intend to increase FLUID holdings to strengthen protections. Smart contracts are functioning normally, market operations are stable, with potential interest rate fluctuations possible.