The U.S. SEC clarifies that broker-dealers holding stablecoins can count them as net capital at a 2% discount

Aave Founder: RWA is the biggest opportunity in DeFi recently, but caution is needed as institutions may use DeFi as an exit liquidity channel

Aave founder Stani.eth pointed out that the private credit market is under pressure due to Federal Reserve rate hikes, with rising borrowing costs leading to stock price declines and redemption pressures for many funds. He mentioned that risk scenarios and DeFi investors should be cautious of high-yield RWA risks, emphasizing that on-chain private credit can offer transparency and security advantages that traditional finance cannot provide.

Raoul Pal: Global liquidity and BTC correlation reach 90%, and the market is in a historically oversold state

Raoul Pal stated on March 8th that global liquidity is a key macro factor, highly correlated with BTC and NDX since 2012, with an annual growth of about 10%. He pointed out that liquidity remains loose and predicted that the US will further cut interest rates to stimulate disposable income. The crypto market is currently oversold, and the next two weeks will be a critical period to watch.

U.S. financial regulators bypass Basel Accords to promote the development of tokenized securities, with several major financial institutions launching pilot programs

The U.S. financial regulatory agencies led by Trump are bypassing the Basel Accords to promote the development of tokenized securities, believing that technology-neutral regulatory strategies should be provided. Several financial institutions have taken this opportunity to initiate related pilot projects.

South African Economist Flags Authoritarian Risks in CBDCs

Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to their “programmable” nature. The Authoritarian Risk South African economist Dawie Roodt warned that central bank digital currencies, or CBDCs, could become

The Wall Street Journal: International situation and employment data put the Federal Reserve in a dilemma, and it may remain on the sidelines in the short term

The Wall Street Journal reporter Timiraos analyzed that recent employment reports have intensified the Federal Reserve's dilemma between combating inflation and protecting jobs. Minneapolis Fed President Kashkari warned against repeating the mistakes of 2021, predicting that the Fed will not rush to adjust interest rates in the short term. If the unemployment rate rises, rate cuts may resume around mid-year, but if inflation risks increase, internal opposition voices will grow. Overall, the central bank faces a difficult choice.

U.S. CLARITY Act Sparks Controversy: White House Crypto Official and Banking Industry Clash Over Stablecoin Incentives

On March 8th, the discussion of the U.S. CLARITY Act sparked debates between the banking industry and White House officials. The president of the Texas Independent Bankers Association stated that a compromise would impact the local economy, while White House advisors warned that no compromise could lead to disastrous consequences.