Project Hunt: The decentralized derivatives exchange MYX.Finance is the project with the most new followers in the past 7 days.

After six years of setbacks, Meta's ambitions for stablecoins have taken a new turn

Meta plans to re-enter the stablecoin market in the second half of the year with a more cautious approach, opting not to issue stablecoins themselves but to seek third-party technical support. This move reflects lessons learned from the Libra failure and adapts to the new regulatory environment. The restructuring of cryptocurrency regulation in the United States offers the possibility of compliant operations, while the social platform's inherent payment scenarios also make a closed-loop payment system feasible.

Japan launches stablecoin payment experiment! Shibuya PARCO allows testing of USDC self-custody payments

Japanese digital transformation company Digital Garage, credit card giant JCB, and financial holding company Resona jointly announced that from February 24 to March 2, 2026, they will conduct a stablecoin physical payment experiment at PARCO in Shibuya, Tokyo. The test will involve self-custody wallets for USDC (Base chain) and JPYC (Polygon chain), with merchants settling payments in Japanese Yen.

Ethereum Foundation launches ETH Staking Vault Program with a target size of $127 million

The Ethereum Foundation disclosed on February 25 that it has staked 2,106 ETH (approximately $3.8 million) as the initial step in operating a long-term treasury, with the goal of gradually staking up to 70,000 ETH (about $127 million) to generate native yields. At the same time, co-founder Vitalik Buterin sold over 3,100 ETH through a decentralized exchange, totaling more than $6.1 million.

V God’s Tone: DeFi is the core value of Ethereum. "Founders disappear, the system keeps running" is what makes it qualified

Ethereum founder Vitalik Buterin reiterates that DeFi is the core value of Ethereum and sets clear red lines for support, emphasizing a permissionless, open-source, secure, and privacy-first global financial system. He introduces the concept of "exit testing," requiring protocols to continue operating after the founding team disappears, and encourages the industry to deeply consider fundamental issues and innovative solutions.

TruStage partners with over 93% of American credit unions to pilot the stablecoin TSDA, launched in the first half of the year

Fintech company TruStage plans to collaborate with blockchain technology company Block Time Financial to launch the stablecoin TSDA (TruStage Stablecoin), which is pegged 1:1 to the US dollar. The pilot project is scheduled to launch in the first half of 2026, with extensive recruitment of credit unions to join. TruStage currently serves approximately 93% of credit unions in the United States.

Pi Network merchants doubled to 148,000, with a 60% annual increase in migrated users

Pi Network development team released ecosystem data on the first anniversary of the mainnet launch, showing significant growth in migrated users, KYC completion rates, and merchant acceptance. Technical indicators also show potential bullish signals. However, the PI token is currently down more than 20% from the February 15 high of $0.2067, and has fallen over 90% from its all-time high.