Ledger Asia-Pacific head Shibayama stated that if the US implements a stablecoin yield ban, international discussions will increase. Countries like Australia have already provided regulatory exemptions, and currently most stablecoins do not offer yields to users. US regulatory legislation is progressing slowly due to opposition to ban clauses supported by the banking industry. Asian financial institutions have shifted their focus toward tokenization of financial products and stablecoin issuance, rather than crypto-native products like DeFi.
Ledger Asia-Pacific head Shibayama said that if the US bans stablecoin yield distribution, it will trigger a new global crypto regulatory landscape, with some countries potentially introducing more attractive policies. The Asian market is more focused on blockchain infrastructure and financial product tokenization, with large institutions showing reduced interest in direct crypto asset investments. As regulations improve, institutional investors are becoming more cautious when selecting custodial service providers.
The U.S. Army has signed a 10-year contract with defense technology company Anduril, valued at up to $20 billion, consolidating 120+ independent procurement agreements into an enterprise-level contract. The company was founded by Palmer Luckey, founder of Oculus VR, and focuses on software-defined modern warfare.
Gate News Update: On March 16, Decentralized Contract Exchange Grvt announced through its official Twitter the adjustment of its point multiplier policy. According to the announcement, altcoin point multiplier will be reduced to 2x, and RWA (Real World Assets) point multiplier will be adjusted to 3x.
Gate News report detained that on March 16, Hyperinsight monitoring showed that as the market rose, a certain cryptocurrency trader (code name "Maji") saw their ETH 25x long position unrealized gains ratio exceed 110%. This trader has changed their operational style from recent months of "continuous rises and rolling positions all the way through," and has begun taking profits and reducing positions. As of press time, their ETH 25x long position holdings have been reduced to 7575 tokens, with weekly profits reaching $1.26 million.
