Project Progress

Tally, a key DAO governance platform, has shut down after six years due to unsustainable business models and market changes. The closure underscores challenges in decentralized governance and prompts the DAO community to seek new solutions.

Ethereum co-founder Vitalik Buterin proposed Fast Confirmation Rules (FCR), aiming to reduce deposit confirmation time to approximately 13 seconds and optimize user experience. FCR provides early confirmation signals through validator attestations without requiring a hard fork. Despite concerns about centralization and honesty, it is still viewed as an important measure to improve network efficiency and is part of the Lean Ethereum roadmap.

Gate News reports that on March 19, JustLend DAO protocol plans to adjust the collateral coefficient of the USDDOLD market around April, with a decrease planned. This adjustment is to coordinate with the USDDOLD delisting process, and the final adjustment plan will be executed after passing proposals from the USDD and JustLend DAO community. The platform reminds users who use USDDOLD as collateral assets to switch to other supported assets in advance and closely monitor their account risk status to avoid position safety being affected by changes in collateral coefficients.

AiFi completed the minting of 3000 Fortune NFTs on March 19 and will launch on PancakeSwap V2 on March 20, activating the liquidity pool. The project adopts an equal-weight dividend model for NFTs and LP tokens, promoting sustainable development of the DeFi ecosystem.

Ripple expanded payments in Brazil with banks using its network for cross-border and FX transactions. The company launched custody and tokenization services, supporting billions in on-chain asset issuance. Ripple plans a VASP license as RLUSD adoption grows across Brazilian exchanges and

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.

Matrixdock has launched the Fungible Reserve Standard (FRS), a framework that links reserve assets, token supply, and costs on-chain. It introduces the XAGm token, representing LBMA-compliant silver, ensuring asset stability and liquidity in financial activities.

Gate News: On March 19, according to official social media, Sunwukong, a Chinese decentralized derivatives trading platform, has launched perpetual contract trading pairs for NASDAQ100/USDT (Nasdaq-100 Index) and EWJ/USDT (iShares MSCI Japan ETF, tracking Japan's stock market performance), with maximum support for 20x leverage.

Gate News: On March 19, Circle, the issuer of USDC, announced the appointment of a senior Microsoft executive to its board of directors. This personnel adjustment comes amid intensifying competition in the AI agent (Agentic) space. Circle, the issuer of USDC, the world's second-largest stablecoin, views this board expansion as an important move in the company's technology strategy positioning.

ListaDAO launched Lista Smart Lending version 1.1 on March 19th, restructuring the user interface and adding multiple new features to enhance lending transparency and asset management capabilities. The new version introduces an integrated market dashboard and personal asset dashboard, simplifying the DeFi lending process and enabling users to stay informed of market dynamics and yield performance in real-time. Future updates will continue to advance backend infrastructure upgrades.

Hyperliquid founder Jeff announced that the fiat deposit feature has launched in testing, supporting credit cards and bank transfers, powered by swapped.com. Currently in early testing phase, with plans to add fiat withdrawal and more payment methods in the future.

Shibarium’s recovery process shows steady progress as indexing levels improve and system stability returns. Network data accuracy remains limited, yet activity continues to build across the ecosystem. Meanwhile, broader developments around Shiba Inu add new context to the current market

Ripple has expanded its financial infrastructure in Brazil, targeting deeper institutional adoption and regulatory approval. The company introduced payments, custody, and treasury tools for local institutions. Meanwhile, it plans to secure a Virtual Asset Service Provider license under Brazil’s

Amundi has launched the SAFO, a tokenized overnight swap fund, with $100 million in assets, utilizing Ethereum and Stellar blockchains. This innovation signals a shift towards blockchain in traditional finance, enhancing accessibility and transparency for investors.

Crypto.com CEO Kris Marszalek announced a 12% workforce reduction as the company integrates artificial intelligence to enhance competitiveness. He emphasized that companies adapting to change will achieve success, and affected employees will receive transition support.

Algorand Foundation announces 25% workforce reduction to address economic uncertainty and market weakness, causing ALGO token price to decline approximately 6%, now trading around $0.09. Despite the staff reduction, network activity remains stable, with quarterly transaction volume growing 4.7%. This restructuring aims to optimize resources and ensure long-term sustainability. Overall, it reflects the pressure and adaptation trends in the crypto market.

SBI Holdings subsidiary launches Japan's first public USDC lending service with annual interest rates up to 10%. The product combines blockchain technology to provide high-yield options for investors, and partners with Circle and Startale to expand the USDC ecosystem, driving the development of Japan's stablecoin market.

Flap announces the official launch of Flap AI Oracle, the first AI-driven smart contract. This infrastructure supports on-chain direct invocation of large language models (LMM), enabling real-time verifiable AI decision-making and data fetching.

Venice launches new crypto AI interface with end-to-end encryption and trusted execution environment, emphasizing "verifiable privacy." VVV token price surged approximately 10% as a result. The project has strengthened data security, though some features are limited by unencrypted data, currently available only to Venice Pro users.