Project Progress

Ripple announced on March 25 that it has joined the BLOOM project, led by the Monetary Authority of Singapore, to explore programmable cross-border trade settlement solutions based on the RLUSD stablecoin and XRP Ledger. In collaboration with Unloq, Ripple is piloting automated trade finance and payment mechanisms aimed at enhancing transaction transparency and improving access to financing for small and medium-sized enterprises.

Tether engages a Big Four firm for its first full audit, reviewing its $184 billion USDT reserves, aiming to enhance transparency and financial reporting amid internal leadership changes. The audit covers digital and traditional assets, indicating a commitment to stringent scrutiny.

Pump.fun tightened fee settings for token creators on March 25, allowing only one change to the fee-receiving wallet before permanently locking it to prevent creators from manipulating revenue distribution. This is a continuation of its ongoing optimization of the fee model, aimed at treating traders more fairly.

BlockBeats News: On March 25th, Aave Labs officially unveiled its Reinvestment Module plan for the V4 upgrade. Data shows that of Aave's approximately $20 billion in stablecoin deposits on the platform, approximately $6 billion have been idle long-term. The module will automatically allocate excess reserves to governance-approved low-risk strategies (such as short-term Treasury bills, money markets, or Delta-neutral trading), while maintaining funds that are withdrawable at any time without lock-up restrictions.

Gate Pay for AI completed an upgrade on March 25, simplifying wallet authorization and payment processes. The newly introduced Quick Wallet and Plugin Wallet allow users to rapidly configure payments, enhancing flexibility and security. AI Agent supports seamless payments, combined with Skills to deliver natural guidance. The system has expanded multi-chain support, covering mainstream networks, ensuring efficient and stable multi-currency payments.

Aave Labs announced on March 25th a reinvestment module in the V4 upgrade that will automatically allocate approximately $6 billion in idle stablecoins to low-risk strategies, ensuring capital liquidity with no lockup restrictions.

DeepSeek opened 17 recruitment positions on March 25, with core R&D direction shifting toward Agent productization, including algorithm research, data evaluation, and infrastructure engineering. Recruitment requirements emphasize the use of AI coding tools and establish a dedicated product manager position for the Agent direction, demonstrating the company's emphasis on Agent technology. Compared to January, this recruitment clearly leans toward Agent productization.

Pudgy Penguins is taking a major step into real-world finance with the global rollout of its Visa-backed crypto debit card, known as the Pengu Card. Announced on March 24, 2026, the move allows users to spend stablecoins directly at more than 150 million merchants across over 170 countries. As the c

Gate News: On March 25, Resolv Labs announced that over $77 million has been used in the past 2 days to redeem whitelisted wallets that held USR before the attack, accounting for over 90% of that group, marking significant progress in the first phase of recovery efforts. The redemption process for this group is currently being actively completed, and subsequent phase work will also be carried out to cover the remaining user groups.

Charles Hoskinson, founder of Cardano, urges the community to actively engage with the platform and use its blockchain for transactions and development. This participation can enhance ADA's adoption despite recent price volatility. Cardano's DeFi has hit 520 million ADA in Total Value Locked, with aspirations reaching one billion.

Aethir Claw disrupts traditional custody models by leveraging its own distributed computing power directly, offering isolated VPS environments and a "zero provider access" model to ensure user data sovereignty. The platform comes pre-installed with OpenClaw, plans to integrate crypto-native functionality, and will launch "models-as-a-service" to comprehensively enter the agentic AI application market.

Elon Musk has suspended reforms to the creator revenue-sharing mechanism on the X platform following warnings from international creators that the new policy would harm English-language accounts. If implemented, the policy would have reduced earnings for global creators, particularly in non-US regions. The suspension ensures that the existing incentive structure remains unchanged, with minimal impact on cryptocurrency content creators.

Aethir announced on March 25 the launch of Aethir Claw Alpha closed beta, introducing a physical-grade isolated AI agent hosting platform that directly leverages its distributed computing resources of over $400 million. The platform provides fully isolated VPS environments to ensure user data sovereignty, and plans to launch custom business features and Model as a Service (MaaS), entering the agentic AI market.

The latest update from Pi Network introduces a second migration phase for its users, commonly known as Pioneers. This phase allows eligible participants to move additional Pi tokens into the mainnet environment, building on earlier migration efforts that primarily focused on initial token

Lido's 2025 annual report shows that amid APR compression, capital outflows, and intensifying competition, its total revenue declined 18.2% year-over-year. Its ETH staking market share stands at 24.12%. The report also mentioned leadership adjustments and plans to focus in 2026 on scaling the stETH product line, building the validator market, and aligning LDO incentives.

Bitcoin Depot announced a leadership transition with former CEO Scott Buchanan and founder Brandon Mintz stepping down, replaced by Alex Holmes. This personnel change is related to regulatory issues the company is facing, with core business revenue expected to decline 30% to 40%. The market reacted clearly to the news with a sharp stock price decline. Analysts believe Holmes's experience may improve the company's situation, but revenue will remain affected in the short term.

Memecoin token issuance platform Pump.fun has updated its fee distribution mechanism, allowing token issuers to change the fee recipient only once, in order to prevent malicious manipulation. Community reactions are mixed; some users believe the change has limited impact. Platform activity and revenue have declined, with income and trading volume in 2026 dropping sharply, highlighting the need to optimize the incentive balance between creators and traders.

CESR (Composite Ethereum Staking Rate) is becoming the institutional reference rate for Ethereum, providing investors with a transparent staking yield benchmark. The index covers factors such as block rewards and transaction fees, and supports derivatives trading. Industry observers believe that CESR will drive growth in Ethereum investment products and become an important tool in the crypto asset market.

Particle Network partners with Privy, Dynamic, and Magic Labs to launch a Universal Accounts upgrade solution based on EIP-7702 on March 25, enabling developers to directly upgrade user EOA wallets to Universal Accounts, providing features such as unified cross-chain balances and seamless cross-chain transactions.