Web3 Project Updates and Developments

Gate News Announcement, March 8 — According to CoinGecko data, the perpetual DEX protocol Paradex has issued the token DIME, with a total supply of 1 billion tokens. The current fully diluted market cap (FDV) is approximately $43 million, and it is not yet listed on mainstream exchanges. Additionally, the total value locked (TVL) in the protocol reaches approximately $3.02 billion.

Input Output Group (IOG) has clarified its strategy for expanding stablecoin integration on Cardano through the USDCx infrastructure. This system, backed 1:1 by USD Coin in Circle's xReserve smart contract, enables various DeFi activities, targeting direct USDC withdrawals to enhance liquidity without relying on bridges. IOG emphasizes that USDCx is a long-term upgrade for Cardano's financial infrastructure.

Crypto KOL AB Kuai.Dong revealed the account opening process for X Money. Users only need to enter basic information to open an account within 1 minute. X Money supports virtual and physical cards, offering withdrawal and spending functions, with a transfer limit of $1,000,000 and a withdrawal limit of $100,000.

Mike Belshe, CEO of BitGo, highlights the structural advantages of native crypto companies in digital asset custody, contrasting with traditional banks' conflicts of interest. BitGo generates over 80% of its revenue from stable custody fees, recently receiving a federal banking license. As of September 2025, BitGo is safeguarding $104 billion in assets for over 4,900 institutional clients globally.

Crypto liquidity funds are rapidly growing as institutional investors show increased interest in digital assets and DeFi strategies. However, many fund managers still rely on inefficient tools like spreadsheets for portfolio tracking across various exchanges and protocols. The complexity of DeFi activities complicates accurate performance and risk assessments, highlighting the need for AI solutions to automate protocol classification and portfolio analysis.

Ripple’s global payments network is rapidly expanding as financial institutions increasingly seek full-service blockchain infrastructure partners, positioning Ripple’s ecosystem and XRP liquidity framework at the center of next-generation cross-border finance. Ripple’s Expanding Payments Network

Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%. The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours. On March 12, Polkadot will reset

BlackRock reduced the proposed staking fee from 18% to 10% of ETH rewards in the updated ETF S-1 filing. The iShares Ethereum Trust plans to stake its ETH holdings to generate additional yield for the fund. Several firms including Fidelity Investments and Franklin Templeton are also

Aave Labs has published a proposal for a dedicated bug bounty program for a 24/7 channel to report security issues. High-priority submissions require participants to stake at least 250 USDC, which is forfeited if the report is invalid or deemed spam. Aave Labs has published a proposal to

XLS-65 enables integration of single-asset vaults on the XRP Ledger, allowing users to pool XRP, IOU, or MPT and obtain proportional shares of MPT. XRPL Commons backed the amendment after 257 Devnet tests, which covered exchange logic, access controls, and asset safeguards. The XRP Ledger ha

Curve Finance accuses a decentralized trading platform of unauthorized use of its code, violating open-source license agreements. If the platform wishes to legally use its features, it can contact via licensing or partnership arrangements.

21Shares listed the TDOT ETF on Nasdaq with a physically backed structure holding actual DOT tokens. The ETF launched with about $11 million in seed capital and charges a 0.30% management fee, according to Eric Balchunas. Polkadot plans a March update capping DOT supply at 2.1B tokens

Input Output Group announced the launch of USDCx on Cardano, a Cardano-native asset backed by USDC in Circle's xReserve. This integration enhances DeFi liquidity and enables seamless interaction between Ethereum and Cardano, despite some community criticism.

Circle CEO Jeremy Allaire revealed that Circle has completed internal entity transfers using USDC through the Circle Mint platform, transferring over $68 million in the first month, with significantly higher efficiency than traditional bank wire transfers. The platform will launch a fund management update in March to optimize account transfers and integrate with accounting system APIs.

Gate News Report, March 7th, OpenSea launched the Skill feature for AI agents. Users can query information such as NFTs, listings, and transactions through the terminal, or install it as a Skill to access OpenSea's on-chain data. This feature aims to provide AI agents with more powerful data access capabilities.

Gate News Announcement, March 7th, Claude Code core member Thariq tweeted that the desktop version of Claude Code has launched a local scheduled task feature. Users can create scheduled tasks and set them to run periodically; as long as the computer is awake, these tasks will continue to execute.

ADA payments now accepted at 137 SPAR stores in Switzerland through Cardano integration with DFX.swiss Open Crypto Pay. Real-time blockchain transactions reduce merchant fees by about two-thirds compared to traditional card providers. The Cardano Foundation has announced that Swiss payments

Citigroup is pushing for the banking of Bitcoin, planning to deeply integrate it into the traditional financial system, with institutional-grade crypto custody services expected to launch in 2026. By simplifying Bitcoin transaction processes and reducing operational friction, Citigroup aims to attract more institutions to adopt digital assets further. Additionally, the bank is exploring the applications of stablecoins and blockchain deposit tokens, hoping to provide traditional financial institutions with more convenient ways to utilize capital.

Brickken, an institutional-grade tokenization infrastructure provider for capital markets, allowing the issuance, management, and lifecycle automation on blockchain networks, is excited to do something innovative for shaping a global standard for institutional tokenization. For this, Brickken

The Ripple DXC Hogan integration showcases collaboration between blockchain and established financial tech, enhancing cross-border payments and supporting stablecoin infrastructure while enabling a hybrid model in banking.