News

US Treasury yields declined during Asian trading on March 25, with oil prices experiencing a slight pullback. Officials stated that the United States has conveyed a 15-point plan to Iran through intermediaries, aimed at ending the war. These proposals largely center on previously outlined demands in exchange for the lifting of sanctions on Iran. "Markets have reacted with relief to the peace prospects, which remain uncertain so far," noted Elisabet Kopelman of SEB in a report. Yields on US Treasuries across all maturities fell, with short-term yields declining more than long-term yields. Following a weak performance in Tuesday's auction of two-year notes, the US Treasury's auction of $70 billion in five-year notes will be closely watched. According to Tradeweb, the yield on the two-year US Treasury note fell 4.7 basis points to 3.888%; the 10-year Treasury yield dropped 3.6 basis points to 4.354%; and the 30-year Treasury yield decreased 1.8 basis points to 4.922%. (Sina Finance)

```htmlGolden Ten Data March 25 – Nobuyasu Atago, an analyst at Rakuten Securities Economic Research Institute, stated that although the Federal Reserve must continue to pay attention to the inflation risks arising from rising energy prices, the Bank of Japan should focus more on the downside risk to the overall economy brought by increases in oil prices. "As a major crude oil importer, Japan faces deteriorating trade conditions when oil prices surge," Atago said. This leads to a decrease in actual purchasing power, which in turn puts downward pressure on the economy. Atago noted that ultimately, whether the Bank of Japan raises interest rates in April depends on the exchange rate and energy prices.```

According to ChainCatcher, citing the latest data from DefiLlama via on-chain analyst Stacy Muur, the total global stablecoin minting volume over the past 30 days exceeded 129 billion US dollars. In the specific rankings, the decentralized stablecoin USDD ranked sixth with a minting volume of 2.8 billion US dollars, demonstrating strong growth momentum. Its robust performance follows DAI, USDC, USDS, and sUSDS, surpassing traditional stablecoins such as USDT and highlighting increased market demand for decentralized, over-collateralized stablecoins. USDD, as the decentralized over-collateralized stablecoin within the TRON ecosystem, is issued through over-collateralization with crypto assets such as TRX, sTRX, and USDT. It features a transparent reserve mechanism and efficient liquidity management. On March 23, USDD’s TVL officially surpassed 1.45 billion US dollars, thanks to its stable yields, its “interest-generating USDT” positioning, and its multi-chain deployment model.