The probability of the Federal Reserve maintaining interest rates in March before the non-farm payrolls announcement is 78.3%.

White House Digital Director: Stablecoin yields benefit the US banking industry, and new assets will flow into traditional finance

White House Digital Asset Advisory Committee Executive Director Patrick Wieth supports the legitimacy of stablecoin yields, believing that when foreign investors exchange local currency for U.S. stablecoins, it actually brings new net capital inflows to the U.S. banking system. This view contrasts with the banking industry's concerns about stablecoins stealing deposits and has sparked a debate on how to balance financial innovation with community bank interests.

Bank of England: May Lift Stablecoin Limits, Open Applications by the End of 2026

The Deputy Governor of the Bank of England, Briden, stated that there is an open attitude towards setting limits on stablecoins and is willing to consider alternative proposals. The limit design has been criticized by the industry, which believes it could harm innovation and competitiveness. Although the consideration of limits is to prevent credit risk, the UK still plans to accept stablecoin issuance applications by the end of 2026 and to test related products within the regulatory sandbox.

Goldman Sachs adjusts Federal Reserve rate cut expectations: expects a 25 basis point cut in September and December each

Gate News Report, March 12 — Goldman Sachs adjusted its expectations for the Federal Reserve's interest rate cuts, now predicting the Fed will cut rates by 25 basis points in September and December 2026. Previously, Goldman Sachs forecasted rate cuts in June and September 2026.

JPMorgan: High oil prices may prompt some Asian central banks to adopt hawkish monetary policies

JPMorgan economists have pointed out that persistently high oil prices could prompt some Asian central banks to adopt hawkish policies, especially Singapore and Malaysia, while the likelihood of Indonesia and the Philippines cutting interest rates decreases. Fiscal policy will become the first line of defense against trade shocks, and the Bank of Korea's decision to raise interest rates will depend on the impact of oil prices on inflation.

U.S. SEC Chair: Tokenized securities still fall under securities laws, and DLT technology is expected to enable T+0 settlement

SEC Chairman Paul Atkins stated in a podcast that distributed ledger technology can enable T+0 settlement and improve the efficiency of financial services, but caution is needed regarding fraud risks. He mentioned liquidity and the applicability challenges in traditional markets, emphasized that tokenized securities must comply with federal securities laws, and pointed out that the SEC is coordinating regulatory responsibilities with the CFTC.

Trump's crypto advisor: Stablecoins will drive global deposit inflows into the US banking system

Patrick Witt, Executive Director of the U.S. President's Digital Asset Advisory Committee, stated that stablecoins compliant with the GENIUS Act will bring deposit inflows to the U.S. banking system, rather than outflows as warned by the banking industry. He mentioned the huge global demand for the US dollar and the provision in the bill that prohibits stablecoin issuers from engaging in bank-like lending.