Hot Topics
U.S. senators negotiate stablecoin yield compromise to advance stalled CLARITY Act, assuring no deposit risk at ABA summit.
Jefferies analysts warn stablecoin growth could cause 3-5% core deposit runoff over five years, eroding U.S. bank earnings by ~3% via higher funding costs and fee pressure.
Multicoin Capital predicts "Internet Labor Markets" (ILM)—networks paying crypto for work like data labeling or bandwidth—will drive crypto's next adoption wave by earning rather than buying tokens.
Market Updates
Aave experiences ~$27M in liquidations on March 10 due to a temporary wstETH pricing glitch in its CAPO risk oracle, causing unfair under-collateralization.