Gate News report: On March 17, PayPal announced that it is expanding the wallet holdings for its stablecoin PYUSD to 68 additional countries and regions, bringing the total number of eligible markets to 70, a significant expansion from the previous limitation to only the United States and United Kingdom. New markets include Uganda, Colombia, Peru and others, covering more regions across South America, Africa, and Asia.

Gate News report: On March 17, "Fed spokesperson" Nick Timiraos stated that the Federal Reserve may be more inclined to remain silent this week, but market expectations are forcing the Fed to outline its policy path. Two former Federal Reserve chairs told him they hope to avoid making predictions about rate cuts in the near term. Whether current Federal Reserve officials will adopt the same attitude has become the core focus of this meeting. Hawks and doves may stick to their respective policy stances by pointing to the same economic shock.

Gate News reports that on March 16, the US Dollar Index DXY fell more than 0.50% intraday and is now trading at 100.02.

Xie Saining criticized the current AI development trajectory dominated by large language models in an interview, arguing that it limits AI's learning from the real world and emphasizing the advantages of world models. He believes that creating intelligent agents capable of surviving in reality is more challenging, mentioning that AMII Labs focuses on real data collection with plans to launch AI smart glasses and robots in the future.

March 16 news: NVIDIA's GTC conference is about to commence, US memory concept stocks are performing strongly, with SanDisk and Micron Technology rising more than 3.8% and 2.8% respectively. The conference will attract over 30,000 participants globally, and Jensen Huang will deliver remarks at the conference.

Gate News Report: On March 16, prediction market platform Opinion announced the launch of a liquidity incentive mechanism. Effective immediately, the platform will allocate 50% of transaction fees from each successfully executed order to users who provided liquidity for that order. This mechanism aims to incentivize liquidity provision, optimize market depth, attract more liquidity providers to participate in market making, and further enhance overall market activity.

Gate News Report: On March 15, according to Reuters, Meta is planning major layoffs that could affect 20% or more of its workforce. The move aims to offset cost pressures from artificial intelligence infrastructure investments and prepare for increased efficiency brought by AI-assisted employees. Currently, the specific date of layoffs has not been determined, and the final scale of layoffs has not been finalized.

Gate News Report: On March 15, Eric Trump, the second son of Trump, posted on the X platform expressing disagreement with former UK Prime Minister Boris Johnson's view that "Bitcoin is a Ponzi scheme." Previously, Boris Johnson stated that he has always suspected Bitcoin to be a Ponzi scheme, and said he became more convinced of this judgment after hearing multiple related cases.

Gate News Alert: On March 13, prediction market platform Opinion announced the launch of a liquidity incentive mechanism. Effective immediately, the platform will allocate 50% of the transaction fees from each successfully executed order to users who provided liquidity for that order, with the goal of incentivizing liquidity provision and optimizing market depth. This mechanism aims to attract more liquidity providers to participate in market-making and further enhance overall market activity.