Project Progress

Gate News: On March 25, Resolv Foundation announced that due to recent security incidents involving Resolv Labs' stablecoin USR, both the protocol and applications have been suspended. Season 4 airdrop claiming functionality is temporarily unavailable, and staking and unstaking functions for RESOLV tokens are also temporarily unavailable. Once the protocol recovery plan is finalized and the application can be safely used again, the relevant functions will be restored.

Kairos Labs completed a $2.4 million seed round funding and launched a permissionless, non-custodial interest rate swap protocol based on EVM, planning to go live on Ethereum mainnet and Base. The protocol will optimize interest rate risk management in the DeFi market and promote the development of fixed income products.

Ethereum Ecosystem Rate Swap Protocol Kairos Labs Completes $2.4M Seed Round Funding on March 25, Led by 6th Man Ventures with Participation from Lattice and Others. The Project Has Graduated from Alliance Accelerator and is Expected to Launch on Ethereum Mainnet and Base Network in the Near Term.

Bitmine launched MAVAN on March 25, an Ethereum staking platform designed to provide institutions with highly secure and high-performance staking infrastructure. The platform combines native validator nodes with a distributed architecture to support global clients, and will be opened to institutional investors in the future.

Movement Network officially launched its native stablecoin USDCx on March 25, pegged 1:1 to USDC, featuring low transaction fees and no need for cross-chain bridges. USDCx supports cross-ecosystem liquidity and is designed for large-scale user applications, promoting development in DeFi and digital finance sectors.

_Ripple pilots RLUSD in Singapore MAS sandbox, automating trade finance with XRPL smart contracts and BNY Mellon-backed custody._ Ripple is testing the RLUSD stablecoin in Singapore bank sandbox for trade payments, marking a new step in enterprise blockchain use.  The pilot focuses on improving

Monument Bank plans to tokenize £250 million of retail deposits on the Midnight network, marking a UK-first for a regulated bank on a public blockchain. These deposits will remain interest-bearing, backed by the bank, and eligible for compensation under UK regulations. The initiative targets mass-affluent retail customers, with further phases anticipated to introduce tokenized investment products and enhanced services through a Banking-as-a-Service platform.

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.