News

ChainCatcher news, according to Bloomberg Originals' "The David Rubenstein Show," Circle CEO Jeremy Allaire stated that stablecoin regulatory frameworks in the United States, Japan, Hong Kong, and Europe are accelerating, presenting significant development opportunities for compliant stablecoins. He revealed that Circle is building broader infrastructure, including operating systems and platforms for developers, with the goal of transforming major internet financial platforms into global monetary public infrastructure over the next 10 years.

ChainCatcher reported that Circle CEO Jeremy Allaire stated that traditional banks face issues such as high fees, slow speeds, and multiple intermediaries in cross-border remittances, while stablecoins can enable instant, low-cost peer-to-peer transactions. He cited Turkey as an example, noting that local residents prefer to hold digital dollars to hedge against the risk of local currency depreciation. He believes that in the future, software tools based on open internet infrastructure may compete with traditional banks, but banks may also transform by integrating blockchain technology.

BlockBeats News, March 16th, according to Token Unlocks data, this week ARB, ZRO, KAITO, and others will undergo a one-time large token unlock, including: ARB will unlock tokens on March 16th, worth approximately $9.65 million, accounting for 1.78% of the circulating supply; ZK will unlock tokens on March 17th, worth approximately $3.4 million, accounting for 2.97% of the circulating supply; BARD will unlock tokens on March 17th, worth approximately $32.43 million, accounting for 11.09% of the circulating supply; ZRO will unlock tokens on March 20th, worth approximately $55.53 million, accounting for 5.64% of the circulating supply; YZY will unlock tokens on March 19th, worth approximately $6.8 million, accounting for 4.90% of the circulating supply; BR will unlock tokens on March 19th, worth approximately $4.15 million, accounting for 68.45% of the circulating supply; LISTA will unlock tokens on March 20th, worth approximately $2.9 million, accounting for 6.17% of the circulating supply; PIXEL will unlock tokens on March 19th, worth approximately $1.05 million, accounting for 3.57% of the circulating supply; KAITO will unlock around 18 million tokens on March 20th, worth approximately $6.3 million, accounting for 5.19% of the circulating supply.