Project Progress

The stablecoin alliance Qivalis, jointly established by European banks, is accelerating the launch of the euro stablecoin project with the goal of enhancing the EU's autonomy in the payments sector. The alliance includes several major banks, and the plan is to facilitate widespread circulation on regulated platforms, with a 1:1 full reserve mechanism to ensure stability.

Odaily Planet Daily reports that Deloitte has provided the first reserve backing for Tether's USAT stablecoin. (Cointelegraph)

Gate News bot message: According to The Block, ACI (Aave Chan Initiative), led by Marc Zeller, will exit Aave in July due to governance conflicts. ACI has previously been involved in governance work for the Aave protocol.

Ethereum developers tend to bypass the EVM and adopt precompiled contracts for new cryptographic operations. Vitalik Buterin proposed enhancing Ethereum's versatility by changing the state tree and virtual machine, suggesting replacing the current state tree with a binary tree and using the RISC-V architecture instead of the EVM in the long term. However, the Arbitrum team opposed this, arguing that WASM should be used as the contract delivery format. This proposal reflects Ethereum's re-evaluation of its core capabilities, and future changes will still require broad consensus.

Northern Trust Asset Management (NTAM) has taken a fresh step into blockchain finance. On March 2, the firm launched a tokenized share class of its NIF Treasury Instruments Portfolio. The move brings one of traditional finance’s biggest players into the fast-growing tokenized assets space. NTAM

The Citrea Foundation, launched on March 2, 2026, aims to enhance Bitcoin’s application layer through research, grants, and decentralized governance, focusing on interoperability and scaling Bitcoin's utility beyond just a store of value.

A recent idea that was brought into the limelight by Vitalik Buterin is that of vibe coding. This model is based on AI to write code based on prompted intuition. The developers do not write complicated logic manually; instead, they provide direction to AI. The system also generates working code

Vitalik Buterin proposed changes to Ethereum's block building process, including ePBS, FOCIL, and encrypted mempools, to reduce centralization, enhance censorship resistance, and address transaction risks ahead of the Glamsterdam upgrade.

BlockBeats News, March 3rd, Lido announced via tweet that Phase 3 of V3 has gone live. Now, all stVaults can mint stETH permissionlessly, and the minting cap for identified node operators has also been increased. The initial deployment of Lido V3 is now fully complete.

The world's first AI + Trendy Toy OwlieToy official website launched on March 3rd and will be globally released in April 2026. This product aims to create a physical AI companion, integrating AI automation capabilities with crypto ecosystem functions, serving as an entry point for users to connect to the Crypto world and ushering in a new era of human-machine coexistence.

Ethereum co-founder Vitalik Buterin proposed the Big FOCIL plan, aimed at addressing the centralization of block builders, enhancing censorship resistance, and promoting distributed participation. The plan improves transaction fairness, prevents malicious reordering through a proposer-builder separation mechanism and an extended forward mandatory commitment list, and discusses network anonymization schemes to protect user transactions. Developers will continue to review this proposal to improve Ethereum's decentralization, security, and user experience.

Ripple makes new progress in advancing institutional infrastructure, with XRP becoming a market focus. Hidden Road has officially been listed in the NSCC directory, and Ripple Prime has gained attention, which may facilitate closer integration of XRPL with traditional finance. Although XRP's short-term trend is somewhat weak, institutional integration is seen as a long-term positive signal. If XRPL applications increase in the future, demand could rise.

Pi Network has made significant progress recently, with the total Pi coins in the mainnet wallet surpassing 9 billion, and approximately 50 million coins being mapped to user accounts daily. Meanwhile, the KYC verifier reward mechanism has entered the final testing phase and is expected to launch by the end of March. These developments will lay the foundation for a practical blockchain economy within the ecosystem.

Pi Network news today shows the migration engine appears to be speeding up again. Community posts claim the Pi Core Team is now mapping about 50 million Pi coins to verified users each day. The update comes as total Pi on Mainnet wallets has moved past the 9 billion mark Screenshots shared by

Ethereum is advancing decentralization upgrade plans, proposing technologies such as the ePBS mechanism, FOCIL, and encrypted mempool, aiming to alleviate MEV centralization issues and improve fairness and transparency in block production. These reforms address the challenges brought by blockchain scalability expansion and may impact network security, decentralization, and long-term value logic.

AIverse launches its first iNFT series "Dolly" on 0G network, aiming to turn user interactions into assets. Dolly features strong interactivity, evolutionary durability, and user asset sovereignty, driving NFTs from static collectibles to deeply interactive living digital entities.

Local-currency stablecoins on Polygon have shot up as JPYC and BBRL power payments, wallets, lending, and faster regional settlements. Brazilian bank Grupo Braza introduced BBRL stablecoin to improve liquidity and enhance payment efficiency in forex payments. Polygon has recorded rising

OpenClaw, an open-source AI Agent framework, releases version v2026.3.2, adding PDF analysis tools, STT API, expanding the SecretRef credential mechanism and enhancing security, fixing over 150 bugs. This version also includes several breaking changes, such as default tool configuration adjustments and updates to plugin routing registration methods.