settlement

Binance founder Zhao Changpeng posted on the X platform, stating that the number of payments made by AI agents in the future will reach millions of times that of humans, and these payments will be settled in cryptocurrency.

The CEO of stablecoin issuer Circle, Jeremy Allaire, posted on the X platform that Circle has begun using its own platform to handle internal fund settlements. Approximately $68 million in inter-company settlements have been completed between eight entities using USDC and Circle Mint, taking less than 30 minutes and operating 24/7. This method replaces the traditional fiat wire transfer process, which typically takes 1 to 3 days, and provides complete control and auditing capabilities. Currently, 90% of the company's transfer pricing settlements can be completed within a day. As Circle Mint's features continue to be updated, this real-time settlement model based on stablecoins is expected to be opened to more businesses in the future.

Stablecoin issuer Tether announced a joint lead investment in the $7.5 million financing round for the startup Utexo. Other investors in this round include Big Brain Holdings, Portal Ventures, and Franklin Templeton.Utexo is developing infrastructure to enable USDT to settle directly on the Bitcoin network and support payments via the Lightning Network. This solution offers pre-confirmable fixed fees and completes transactions using atomic and privacy settlement mechanisms, leveraging the security of the Bitcoin network. Paolo Ardoino stated that achieving native USDT settlement on Bitcoin and the Lightning Network will further strengthen Bitcoin's role as a global dollar settlement network. Currently, the supply of USDT is approximately $184 billion, making it the largest dollar stablecoin by market cap.

Bank of Canada completed a pilot project called Project Samara with several major Canadian banks, testing the feasibility of issuing, trading, and settling bonds on a distributed ledger.In this experiment, Export Development Canada, the official export credit agency of Canada, issued a bond worth 100 million Canadian dollars (approximately 73 million US dollars) with a maturity of less than three months, selling it to a small group of institutional investors. Participants in the project also included RBC Dominion Securities, RBC Investor Services Trust, and TD Securities under Toronto-Dominion Bank. The results of the experiment showed that a single blockchain-based platform could support the entire lifecycle of a bond, including issuance, bidding, coupon payments, secondary market trading, and maturity redemption processes. Additionally, the project tested on-chain settlement using a wholesale digital Canadian dollar issued by the Bank of Canada, allowing funds and bonds to be settled on the same ledger. This pilot comes at a time when Canada is strengthening its regulation of digital assets. The government plans to introduce regulatory legislation for Canadian dollar stablecoins and has passed a new framework for crypto asset custody to enhance asset security and risk management on trading platforms.

Stablecoin issuer Tether announced an investment in the fund management and settlement infrastructure Axiym, with the specific amount undisclosed. The aim is to build a globally distributed fund settlement infrastructure within a regulated payment ecosystem, thereby supporting embedded financial services, including post-paid settlement solutions such as Pay Now, Settle Later (PNSL), while also supporting the native integration of USD cash flow to expand the circulation of USD cash in a scalable, compliant manner that aligns with the actual operation of cross-border payments.

According to Jinshi, Bank of Japan Governor Kazuo Ueda stated that the Bank of Japan will conduct a technical experiment on settlement using central bank currency in the form of demand deposits based on a blockchain system.

According to Hyperinsight monitoring, the largest long address for BTC (0xdf1) has faced 4 liquidations in the past hour, with a total liquidation value of approximately $3.9 million. Thus, this address has been liquidated a total of 24 times in the past 24 hours, with account funds plummeting from a high of about $2.66 million yesterday to just $140,000, a drawdown of over 94.7%. The next liquidation price for its remaining BTC holdings is at $65,370.On March 1, after the official announcement of the assassination of Iran's Supreme Leader Khamenei, this address quickly opened a long position in BTC with 40x leverage, possibly betting that the war would soon end and the market would recover. Its BTC long position once reached 1,000 coins (approximately $66.83 million), making it the largest long position on-chain at that time, with a liquidation price of about $66,560. The funds for this heavy bet did not come from new margin but rather from the unrealized gains of a long position in SOL.On February 28, this address deposited approximately $470,000 into Hyperliquid, using high leverage to bottom fish SOL at an average price of $78. The next day, SOL rose to $88, and its principal once increased more than 5 times. This unrealized gain supported its bet on BTC, but also amplified the liquidation risk for both positions as prices declined.

The prediction market platform Kalshi is facing controversy over its settlement method related to the death of Khamenei, and is facing potential legal action.The company chose to pay traders at the last trading price before the death and refund fees, rather than actively settling, with the CEO stating that this decision was due to U.S. regulatory restrictions. Former New York legislator Ben Geller is organizing affected users to prepare a class action lawsuit.

Alchemy has announced the launch of a self-payment system for AI agents, allowing AI agents to automatically purchase computing power credits in USDC through on-chain wallets on the Base network, and access blockchain data services, including querying on-chain data, NFT holdings, multi-chain wallet balances, and real-time token prices, without human intervention.The system utilizes Coinbase's x402 payment standard, transforming the HTTP 402 Payment Required response into an automatic settlement trigger to facilitate machine-to-machine transactions. Agent accounts can be funded with a minimum of 1 USD USDC, and once the credits are exhausted, the system automatically initiates a payment request and refills the balance.Alchemy CEO Nikil Viswanathan stated that this system is aimed at developers building autonomous DeFi agents, portfolio management bots, and other on-chain applications. Major crypto applications such as Robinhood Crypto, Uniswap, and Aave have already been operating on Alchemy, and AI agents can now autonomously connect to the same infrastructure.

WisdomTree announced that its tokenized money market fund WTGXX has received an SEC exemption, becoming the first registered tokenized fund in the United States capable of achieving around-the-clock trading and instant settlement within a regulatory framework. This groundbreaking innovation eliminates the traditional T+1 settlement delay in the market, allowing investors to access yield-generating assets in real-time through the USDC stablecoin, significantly enhancing liquidity and trading efficiency.This feature will initially be available to institutional investors through the WisdomTree Connect platform, with potential expansion to retail investors in the future.

According to Coinglass data, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on major CEXs will reach $665 million. Conversely, if Bitcoin breaks above $66,000, the cumulative short liquidation intensity on major CEXs will reach $840 million.Note: The liquidation chart does not display the exact number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

If Ethereum breaks through $2100, the cumulative short liquidation intensity on mainstream CEXs will reach $652 million. Conversely, if Ethereum falls below $1900, the cumulative long liquidation intensity on mainstream CEXs will reach $506 million.Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

According to FinanceFeeds, crypto bank Anchorage Digital has announced the launch of "Stablecoin Solutions" aimed at international banks, designed to provide non-U.S. financial institutions with a U.S.-regulated digital dollar infrastructure as an alternative to traditional correspondent banking systems.The solution integrates stablecoin issuance, compliant custody, fiat fund management, and blockchain-native settlement functions, allowing banks to achieve cross-border circulation of dollar assets without relying on traditional correspondent banking networks.Anchorage stated that institutions can hold and settle tokenized dollar assets under its federal banking license framework. Anchorage is the first crypto-native institution to obtain a U.S. federal banking license, regulated by the Office of the Comptroller of the Currency (OCC).Company CEO Nathan McCauley stated that stablecoins are gradually becoming core financial infrastructure, and this solution provides banks with a pathway to achieve global dollar flows through blockchain rails while ensuring custody, compliance, and operational control. Anchorage's move is seen as an attempt to replace the traditional correspondent banking cross-border clearing system with a regulated stablecoin framework.If adopted by international banks, dollar stablecoins may further embed themselves into mainstream cross-border payment and fund management processes. However, the ultimate implementation still depends on the clarity of regulatory details and the global banking sector's acceptance of tokenized liability structures.

According to Chainwire, Arab Bank's fintech accelerator AB Xelerate, based in Amman, Jordan, announced an investment in the stablecoin settlement company Ubyx. The specific amount of the investment has not been disclosed. The new funds will support the development of a shared network that enables regulated financial institutions to issue, accept, and exchange digital currencies at face value across multiple blockchains and jurisdictions, while operating within established regulatory and compliance frameworks.Previously, it was reported that Ubyx had been acquired by banking giant Barclays, which plans to explore the development of "tokenized currency."

According to the Hong Kong Wen Wei Po, the Vice-Chancellor of the University of Hong Kong, Wang Yang, pointed out that the digital yuan has been tentatively involved in settlements in Hong Kong's digital asset market. In addition to traditional settlement methods, the primary issuance of Hong Kong dollar and renminbi bonds is also among the first in the world to apply digital yuan and digital Hong Kong dollars in the settlement process for digital bonds.Furthermore, Hong Kong will be the best market for accommodating onshore assets RWA. With regulatory adjustments and market development, there will be greater opportunities for renminbi assets to be issued as digital assets in the Hong Kong market, with digital yuan naturally being the preferred settlement currency. From a developmental perspective, stablecoins will become an important usage habit for offshore market users. In the internationalization of the renminbi, offshore renminbi stablecoins are one of the future options, while digital yuan deposits and digital yuan liquid assets provide the necessary reserve assets for offshore renminbi stablecoins.

According to Cryptopolitan, the London Stock Exchange Group announced on Thursday its plan to launch an on-chain settlement service aimed at institutional investors, named LSEG Digital Securities Depository. This platform will connect traditional securities markets with blockchain networks, supporting the trading and settlement of tokenized bonds, stocks, and private market assets, while remaining compatible with existing infrastructure. The system will be compatible with multiple blockchain networks, with an initial delivery target set for 2026, pending regulatory approval.LSEG has been operating a blockchain platform for private equity funds on Microsoft Azure, and this new system is a further extension of its digital asset strategy. The company stated that it will form a strategic partnership group to gather market feedback during the development process, building an ecosystem that connects digital and traditional markets across time zones and supports multiple payment methods. Major UK financial institutions such as Barclays, Lloyds, National Westminster Bank, Standard Chartered, and Brookfield have expressed support for the plan.

The Bank of England has announced the launch of the "Synchronisation Lab" program, which will collaborate with 18 companies to test how to achieve the settlement of tokenized assets in pounds through distributed ledger technology.This six-month pilot will begin in the spring of 2026, with participants including market infrastructure providers, banks, and Web3 companies (such as Chainlink and UAC Labs). The pilot aims to validate the design choices of the central bank regarding synchronous settlement, assess the interoperability between central bank money and tokenized assets, and provide references for the modernization of the UK's Real-Time Gross Settlement (RTGS) system.

According to Coinglass data, if Ethereum falls below $1900, the cumulative long liquidation intensity on major CEXs will reach $408 million. Conversely, if Ethereum breaks above $2100, the cumulative short liquidation intensity on major CEXs will reach $1.027 billion.