Project Progress

Ripple's Reece Merrick outlined plans for the RLUSD stablecoin, targeting Turkey, Nigeria, and the UAE to enhance global expansion. These nations show significant digital dollar demand, critical for financial operations, with projections of $33 trillion in stablecoin transactions by 2025.

TRON founder Justin Sun says his companies maintains zero tolerance against illegal activities like embezzlement, unauthorised computer access and bribery. He threatened legal action against those who spread false rumors online and ‘smear judicial organs’ just days after two of his companies

Sky Protocol proposed a new plan on March 10th, aiming to reduce the SKY buyback ratio from 75% to 7.5% to strengthen the protocol's capital foundation and USDS backing. During the proposal period, SKY staking rewards remain unchanged. The USDS circulation has reached approximately $11 billion, and the Sky Savings Rate has also been lowered to 3.75%. Voting will end on March 12th.

On March 10th, Virtuals announced on X that their AI agent trading revenue has surpassed $3 million, entirely provided by AI agents offering genuine services and settled on the blockchain. This verifiable on-chain economic output indicator shows a 473% increase in agent engagement, and the relevant mechanisms have been implemented for future stages.

Blockstream released version 5.2.0 of the Blockstream Green app on March 10, marking the first time Lightning payments are connected to the Liquid network. Users can convert Lightning payments into Liquid Bitcoin protected by the Jade device through atomic swaps, making Jade the first hardware wallet capable of interacting with the Lightning Network.

IOTA founder Dominik Schiener says TWIN supports digital trade records, faster checks, and smoother data sharing across cross-border finance networks. TWIN has been linked to Kenyan pilots, Rwanda trade finance use cases, and live consignments on the IOTA mainnet. IOTA co-founder Dominik Sch

The Cardano Foundation has released CIP-0113, which allows token issuers to embed enforceable compliance logic directly to native assets on the network. The goal is to enhance regulated tokenization as institutions have been demanding tokens that can enforce features like KYC and AML

In February, global cryptocurrency mining saw significant developments, including a nearly 15% increase in Bitcoin's mining difficulty to a record 144.4 trillion. Bitdeer liquidated its BTC holdings and aimed to raise over 1,928,374,656,574,839,201 million for expansion. Market sentiment weakened after Trump's proposed tax increase, pushing Bitcoin below $65,000.

Gate News Announcement, March 10th, Elon Musk stated that the early public access version of X Money will be launched next month.

Circle's stock price breaks through $110, reflecting the market's new valuation of its stablecoin business model. Recent financial reports show significant revenue growth, and in a high-interest-rate environment, Circle's profit prospects are optimistic. At the same time, USDC has surpassed USDT in liquidity, becoming an important tool for settlement and cross-border payments. The growth of AI Agent payments also indicates USDC's potential in the micro-payment sector, as Circle advances toward the infrastructure of the digital economy era.

Gate News Announcement: On March 10, Nasdaq-listed Bitcoin ATM operator Bitcoin Depot announced the launch of its enterprise-level financial services platform ReadyBucks, providing working capital support for small businesses, gig economy workers, and independent contractors. According to Globenewswire, ReadyBucks is currently available in multiple states across the United States, with plans to gradually expand to more regions.

Starknet is developing a privacy feature called STRK20, aimed at allowing teams to issue compliant protected stablecoins and other assets. It is expected to be deployed later this year, supporting the ERC-20 standard to ensure privacy of transactions and balances.

World Liberty Financial has put up its proposal to enable staking for WLFI holders to a vote that runs for the next seven days. The proposal has received 99.2% backing, with 903 million tokens supporting it, while 5.8 million voted against it. World Liberty Financial recently introduced a pr

Comtus Holdings proposed a standardized framework for won-backed stablecoins in South Korea to enhance adoption and regulatory compliance. This initiative aligns with the ongoing discussions of the Digital Asset Basic Act, aiming to bolster domestic currency demand while ensuring user protection and financial stability.

Gate announces the upgrade of its AI Agent infrastructure, adding the CEX MCP module, enabling AI to directly access the centralized trading capabilities of exchanges, achieving real-time market data retrieval and trading operations, including order placement, order cancellation, and asset management, forming a complete system from market analysis to trade execution.

Byreal launched the perpetual contract product Byreal Perps on March 10th, integrated with Hyperliquid to provide liquidity, supporting 11 assets including RWA assets such as gold and US stocks. It features low threshold, high flexibility trading, supports up to 40x leverage, and enables 24/7 trading and seamless fund transfers.

Gate News reports that on March 10, the crypto community announced that Aethir's marketing director Masha Prusso was accused of having sourced women for Epstein. Meanwhile, community insiders revealed that Aethir has recently undergone large-scale layoffs, with several co-founders and executives leaving one after another, suspected of soft Rug pulling. It is also reported that Masha Prusso's personal website has been taken down recently.