Finance

Gate Research: March 2025 was marked by a complex and volatile global economic and financial landscape. In the United States, February inflation data came in well below expectations, while the March consumer confidence index dropped sharply from 67.8 to 57.9—both signaling a weakening U.S. economy. In the crypto sector, the IMF introduced a clear classification framework for digital assets, designating Bitcoin as a capital account asset, and former President Donald Trump announced plans to establish a U.S. national crypto reserve, including BTC, ETH, SOL, XRP, and ADA as core holdings. On the whole, March brought a wave of policy and regulatory developments that were broadly favorable for the crypto market. These intersecting events not only influenced short-term market dynamics but also provided valuable direction for future economic policymaking and market evolution.

The Trump family-backed DeFi project WLFI has launched the USD1 stablecoin on BSC. After CZ's retweet, the token first surged then fell. While the project leverages Trump's influence, BSC's popularity, and the stablecoin concept for growth, it faces criticism over operational opacity and profit distribution. Whether it can transcend being a "meme project" to become a legitimate DeFi project remains to be verified.

Nested exchanges are platforms that offer crypto services to users but are powered by the infrastructures of bigger exchanges. They are very risky to interact with because they lack operational transparency and are loosely regulated.

Stablecoin payments, through blockchain technology, solve pain points of traditional payment methods, such as instant settlement, security and reliability, cost reduction, and global coverage. The article introduces in detail the landscape of the stablecoin payment industry, including the application layer, payment processing layer, asset issuance layer, and settlement layer. It also discusses how to expand the scope of stablecoin applications, especially how to attract non-crypto-native users, and analyzes the potential of a stablecoin-native economy and its impact on the traditional financial system.

With ACP’s AI citizens driving a thriving on-chain economy, these clusters aren’t just a pipe dream — the future is sooner than you think.

Yet many projects struggle to generate meaningful traction. In a crowded field, verifiable metrics stand out as the clearest signal to attract attention. Asia—particularly India—has emerged as a key region where projects can achieve real scale, not inflated stats.

Gate Research (March 21–27, 2025) presents a comprehensive analysis of key developments in the cryptocurrency market and broader macroeconomic landscape. On March 21, the U.S. SEC clarified that PoW mining activities do not constitute securities issuance. On March 24, the IMF officially introduced a crypto asset classification system, listing Bitcoin under the capital account. That same day, the Oklahoma House passed a bill proposing the inclusion of Bitcoin in public fund reserves, while Kentucky signed the "Bitcoin Rights Act" to protect the rights to self-custody and node operation. On March 25, Asia Web3 Alliance Japan proposed a U.S.-Japan partnership to advance tokenization and Web3 innovation. Finally, on March 27, Wyoming announced plans to launch the WYST stablecoin in July, marking the first fiat-backed stablecoin to be issued by a U.S. state.

GambleFi was a narrative that emerged in the second half of 2023, with a simple value proposition—democratizing access to casino games and prediction markets for billions of users worldwide, powered by global crypto liquidity.

This research delves into the current state of hacking attacks and presents a detailed analysis of their multifaceted impact on the crypto market, based on several major cryptocurrency hacking incidents. The analysis examines both direct and indirect effects, including market volatility and changes in investor behavior. The research highlights potential risks that the crypto market faces and explores possible strategies for mitigating these risks in the future.

This article explores the basic concepts, core technologies, application cases, challenges, and future development trends of DeSci to help readers fully understand the prospects of this emerging field.

This article analyzes more than 200 programmatic advertising campaigns launched by over 70 advertisers on the Addressable platform in 2024. These campaigns targeted more than 1.5 million users globally, aiming to study the situation of CPW across different market cycles, regions, campaign execution scenarios, and segmented audiences.

This report provides a comprehensive analysis of key developments in the cryptocurrency market and macroeconomic landscape. On March 14, the University of Michigan's consumer expectations for March fell well below forecasts, while 5–10 year inflation expectations hit their highest level since 1993. On March 17, the U.S. Census Bureau released February retail sales data, showing a 0.2% increase from January, slightly below the market expectation of 0.6%. On the same day, a poll revealed that U.S. voters largely oppose the establishment of a strategic cryptocurrency reserve, with fiscal priorities remaining focused on public welfare. Meanwhile, Argentina officially implemented new VASP regulations to strengthen compliance and market stability. On March 18, Canary Capital filed for a SUI spot ETF, signaling growing institutional interest in the Sui ecosystem. On March 19, the U.S. Federal Reserve (Fed) announced its decision to keep the federal funds rate within the target range of 4.25%–4.5%. On March 20, the U

This article explores the role of cryptocurrency as evidence in criminal cases, its classification as illegal gains, and how it is treated before and after court rulings. It highlights that while cryptocurrencies are widely acknowledged in legal contexts as having monetary value, there are still numerous legal and practical challenges in their management.

At the Tokenize Summit in New York, Ethena, a leading synthetic dollar protocol, and Securitize, an asset tokenization platform, announced the upcoming launch of Converge, a blockchain network tailored for institutional investors. This initiative is designed to serve as the "settlement layer between traditional finance and digital dollars." It will enable a smooth transition of existing smart contracts and decentralized applications (DApps) thanks to its seamless compatibility with the Ethereum Virtual Machine (EVM), with an official launch scheduled for the second quarter of 2025.

Shifts in U.S. policy are not only reshaping the airdrop landscape but also setting a precedent for innovation worldwide. In response to this evolving environment, the prominent venture capital firm Dragonfly has published the 2025 Airdrop Status Report, offering data-driven insights into how U.S. regulations are influencing airdrops and the broader crypto economy.