Project Progress

WLFI’s official response to market concerns says there is no liquidation risk, and that it relies on adding collateral to handle market volatility. Current annualized revenue is about $159.5 million, and it is set to buy back 435 million WLFI tokens. Next week, it will put forward a governance proposal to discuss unlocking early locked tokens and upgrading the USD1 feature.

Circle has launched its Stablecoin Payouts service for Singapore partners, enhancing its payment infrastructure in Asia. This service facilitates compliant cross-border transfers using USDC, aiming to streamline fund movement while addressing regulatory concerns.

Swiss financial institutions, including UBS and PostFinance, are testing a Swiss franc stablecoin in a controlled sandbox until 2026 to explore blockchain payment systems. The initiative aims to develop a digital money ecosystem while mitigating risks and ensuring compliance.

SBI Ripple Asia has developed a token issuance platform on the XRP Ledger, allowing businesses to integrate token management via API without overhauling customer interfaces. This approach encourages blockchain adoption by blending seamlessly with existing infrastructure.

Solana is collaborating with Project Eleven to develop quantum-resistant signatures, facing challenges with larger signature sizes and a 90% reduction in network speed. This raises concerns about balancing future security with current performance and scalability.

XRP has gained 5% from a support level of $1.28 due to increased whale accumulation, with large holders now buying over 11 million XRP daily. Ripple executives are attending a significant XRPL event in Japan, though broader market sentiment remains cautious amid geopolitical tensions.

Solana Foundation has introduced Solana Agent Skills, a toolkit for integrating prebuilt on-chain capabilities into AI tools, enabling faster development of AI agents that can execute blockchain actions efficiently. This simplifies the process for developers and positions Solana favorably in the evolving intersection of crypto and AI.

Bitcoin Wallet Nunchuk released an open-source tool on April 9 that supports interactions with AI agents. It includes the Nunchuk CLI command-line tool and the Agent Skills code repository, providing a variety of wallet management features.

_XRP Ledger now hosts $861M in tokenized electricity via JMWH, tracking real energy use on-chain with full transparency._ The XRP Ledger continues to expand beyond payments. A new use case now tracks real electricity consumption on-chain, highlighting a live market tied to energy assets.  The

Circle’s official announcement: it is launching CPN managed payments, enabling banks and fintech companies to conduct fiat and stablecoin transactions on the Circle Payments Network without having to manage digital assets or compliance requirements themselves. This will accelerate the adoption by global financial institutions and expand Circle’s product lineup.

Telegram founder Pavel Durov announced that the TON public chain has completed a major upgrade. Overall processing speed has increased by about 10x, block generation speed has improved by 6x, and transaction confirmations reach sub-second level. This is the first step of the “Make TON Great Again” plan; in the future, transaction fees will be further reduced by about 6x.

Gate News message: On April 9, Circle’s L1 blockchain, Arc, announced that it has open-sourced the testnet code ahead of going live on the mainnet. Effective immediately, developers can independently start testnet nodes and review the source code. At the same time, Arc has launched a bug bounty program on the HackerOne platform.

Pyth officially launched the on-chain data marketplace, the Pyth Data Marketplace, with support from six financial institutions, including Euronext and Fidelity. These institutions can distribute proprietary data such as macroeconomic data and OTC pricing while retaining ownership of the data.

Tether’s QVAC team launched the QVAC SDK, which is an open-source, cross-platform AI development toolkit aimed at building the intelligent ecosystem of the future and supporting a wide range of devices. QVAC is seen as a next-generation intelligent framework with modular and infinitely extensible features to adapt to future development.

Bitcoin Bancorp launched a licensed Bitcoin ATM network in Southern California on April 9, with the first batch of machines already installed in Los Angeles, marking a new phase of retail expansion in the United States. The company’s accelerated expansion strategy is significant, and it is expected that the industry’s size will reach $7.68 billion by 2034.

Gate News update, April 9, Xverse, a Bitcoin wallet, announced the launch of its Bitcoin-native AI agent wallet, the Xverse Agentic Wallet. The wallet enables AI agents to execute payment, trading, and fund management operations on the Bitcoin network. Lightning payments are settled via Spark, and it also supports machine-to-machine payments through MPP (multi-path payments)

Circle Internet Group launched CPN Managed Payments on Wednesday, a full-stack stablecoin settlement platform designed to let banks, fintechs, and payment service providers process USDC transactions without holding or managing digital assets. Key Takeaways: Circle launched CPN Managed Payments on

Gate News message: On April 9, the quant yield protocol Axis announced the launch of a synthetic U.S. dollar USDx and completed its first minting, with a size of 10 million US dollars. It is currently in a private testing phase. After minting is completed, USDx will be deployed to Axis’s market-neutral arbitrage engine, covering more than 40 trading venues, to provide liquidity and capture opportunities from market price spreads.