Daily Alpha and Summary. March 26, 2025

DeFi

Trump’s World Liberty Financial announced plans to launch USD1 stablecoin redeemed to the $ 1:1

Celo has fully transitioned to an ETH L2 on mainnet

Usdc supply surpasses ATH $60B

GMX and MIM Spell related contracts were hacked for 6,260 ETH ($13M)

Chain abstraction layer. Particle network’s token PARTI went live

Plume integrates Crymbo oracle solution to enable regulatory compliance for RWA transactions

Polymarket expands to Solana. Users will bridge their SOL to for USDC and use on ETH L2. Ironic

Maple's SyrupUSDC/USDC is now live on MorphoLabs, borrow USDC gauntlet and MEVCapital vaults

Aave proposes to onboard Ethena USDtb to Aave v3 to enable deeper borrow liquidity to allow sUSDe leverage at an attractive borrow rate.

State of the Market

Fidelity with $5.7T AUM plans to launch a stablecoin

Fidelity filed for spot Sol ETF with Cboe

North Carolina submitted twin bill to Senate seeking to allocate 5% balance of certain pension funds to crypto

Blackrocks Build $20M is now on Solana, Buidl AUM surcharges past $1.7B

GameStop plans to buy a massive amount of Bitcoin

Circle to expand USDC to Japan through SBI exchange listing on March 26