Daily Alpha and Summary. March 28, 2025

DeFi

Stargate brings USDT0 (interoperable version) to the Superchain live on Kraken Ink L2, and the rest in the future

Sei Foundation to explore takeover of bankrupt 23andMe, a genetic testing company, Sei sees it as a Desci bet

Dolomite is launching on Bitcoin through integration with Botanix Labs' Spiderchain

State of the Market

Draft of Stable Act 2025 was released yesterday and most notably, it restricts payment stablecoins (usdc, usdt) from yield bearing and looking to crush stablecoins not backed by cash—algo/synthetic stablecoins