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BTC $70,452.50 +2.92%
ETH $2,141.23 +4.21%
BNB $629.72 +0.17%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $474.89 +1.75%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9411 +3.47%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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Analysis: With the rise of smart agent payments, Circle and Coinbase have become the "best representative targets" benefiting from the growth of stablecoins

According to The Block, analysts from the research and brokerage firm Bernstein pointed out that Circle and Coinbase are the main tools for gaining exposure to the growth of stablecoins, due to the partnership between the two companies around USDC and the emerging role of stablecoins in smart agent payments, which could become an important driver of their future growth.In a report released on Monday, analysts led by Gautam Chhugani wrote, "We believe that smart agent payments provide an upside optionality for stablecoins. This is not a factor that currently has a substantial impact on the demand for stablecoins, but in the future smart agent economy, stablecoins may play a certain role." The analysts noted that so-called machine payments refer to transactions initiated, authorized, and completed by software or autonomous devices, rather than by human operation. These payments differ from automatic bill payments or subscription models; they are essentially programmatic, enabling real-time decision-making, price negotiation, and instant settlement without human intervention.Bernstein believes that stablecoins have a natural advantage in this environment because of their programmability, instant settlement capabilities, support for micropayments, and global reach. Payment logic such as escrow, conditional payments, or revenue distribution can be directly embedded in stablecoins, allowing smart agents to complete transactions without connecting to banks or waiting for confirmations.The report also pointed out that transactions can be settled in seconds, allowing AI agents to pay for computing power or data in real-time; high-throughput blockchains and state channels make large-scale micropayments economically viable; at the same time, stablecoins have cross-border attributes, eliminating the need to rely on SWIFT, correspondent banking systems, or foreign exchange conversions, thereby further reducing transaction costs.

Next week's key news insights: The U.S. will release the final value of the one-year inflation rate expectation for March; soonBase L3 network will be suspended

According to the RootData calendar page, next week includes several important news items such as project updates, macroeconomic finance, token unlocks, incentive activities, and presale events. The details are as follows:March 23:Polymarket announces major news;AVAIL unlocks 20,913.19 million tokens, worth $849,700, accounting for 5.58% of the circulating supply;SOON unlocks 2,187.64 million tokens, worth $2,866,300, accounting for 4.749% of the circulating supply;ZORA unlocks 16,666.67 million tokens, worth $2,817,600, accounting for 3.728% of the circulating supply.March 24:NIL unlocks 11,865.18 million tokens, worth $5,614,300, accounting for 37.752% of the circulating supply;Japan's February core CPI year-on-year rate.March 26:SAHARA unlocks 7,239.58 million tokens, worth $2,027,100, accounting for 2.488% of the circulating supply;ALT unlocks 24,658.98 million tokens, worth $1,818,900, accounting for 4.338% of the circulating supply;soonBase L3 network ceases operations.March 27:WAL unlocks 38,833.33 million tokens, worth $31,024,700, accounting for 17.323% of the circulating supply;U.S. March one-year inflation rate expectation final value;Federal Reserve Vice Chairman Jefferson delivers a speech;2027 FOMC voting member and San Francisco Fed President Daly gives an opening speech at a conference on macroeconomics and monetary policy.March 28:XPL unlocks 8,888.89 million tokens, worth $857,160, accounting for 4.938% of the circulating supply;SIGN unlocks 9,666.67 million tokens, worth $460,290, accounting for 5.894% of the circulating supply.March 29:HYPE unlocks 991.67 million tokens, worth $399,245, accounting for 4.16% of the circulating supply;In addition, there is a button at the top of the RootData calendar page for generating image shares, allowing users to select important events for sharing.Risk warning: This calendar does not constitute any investment advice.

GMX is publicly recruiting a CEO, with a base salary plus token incentives for a total annual salary of up to approximately $700,000

GMX Labs has released a proposal for an upgrade to its leadership structure, which has been approved by DAO governance voting with 96.42% in favor. The proposal points out that as the team expands and competition in the perpetual DEX space intensifies, GMX Labs' early flat, founder-driven organizational structure is no longer sustainable and needs to transition to a clearer and more accountable traditional leadership structure.The proposal announces the introduction of a CEO through a public recruitment process, with candidates drawn from DeFi, CeFi, traditional finance, and the technology industry. The goal is to complete the recruitment and onboarding by April 2026, and to complete the organizational restructuring and submit a new contributor token allocation plan aligned with performance to the DAO by June. The CEO's responsibilities include setting the strategic direction for GMX Labs, establishing a functional leadership team, strengthening partnerships, and representing GMX Labs in industry events.In terms of compensation, the CEO's base salary will be between $150,000 and $200,000 per year, paid in stablecoins; performance incentives will be denominated in GMX tokens and directly linked to the growth of protocol fees, with the current annual protocol fee baseline being approximately $60 million. A 50% increase in fees will yield partial rewards, while a 100% increase to about $120 million will yield the full base reward pool of 40,000 GMX tokens. A 125% increase to about $135 million will additionally grant 10,000 GMX as a special reward. The GMX tokens received will also be adjusted by 0.5 to 1.5 times based on the 30-day average price of GMX, with an annual token compensation cap of 75,000 GMX. Of the performance rewards, 25% will be unlocked immediately upon meeting targets, while the remaining 75% will vest linearly over 24 months, with unvested portions forfeited upon early departure.During the transition period, an interim leadership committee composed of members X, Coin, B, and Kal will be responsible for maintaining operations, advancing the existing roadmap, and leading the search for the CEO.
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