Vietnam's economy is striving to achieve a 10% growth target, but faces significant challenges due to the ongoing conflict in Iran. Bloomberg posted on X that the war is expected to impact household spending, investment, and exports, all crucial components for Vietnam's economic expansion. The conflict in Iran could disrupt trade routes and increase global uncertainty, affecting Vietnam's export-driven economy. Additionally, the potential rise in oil prices due to the conflict may lead to increased costs for Vietnamese businesses and consumers, further hindering economic growth. As Vietnam navigates these challenges, the government may need to explore alternative strategies to sustain its growth ambitions.

U.S. President Donald Trump has expressed that Federal Reserve Chair Jerome Powell should step down from his position. According to ChainCatcher, Trump's remarks highlight ongoing tensions between the administration and the Federal Reserve over monetary policy decisions. The call for Powell's resignation comes amid debates on interest rates and economic strategies.

According to Odaily, prediction market platform Polymarket indicates a 76% probability that OpenAI will achieve a $1 trillion valuation by 2026. This marks a 39% increase from previous estimates.

OpenAI announced the completion of its latest funding round, raising $122 billion in committed capital, bringing the company's post-money valuation to $852 billion. The company stated that this funding will be used to scale its AI capabilities and accelerate the delivery of "useful intelligence" to users worldwide, enabling rapid diffusion of its technology and applications. OpenAI emphasizes that its core objective is to create a "compound effect" of AI capabilities globally by improving accessibility, driving sustained growth in productivity and innovation.

Cardano founder Charles Hoskinson strongly criticizes the U.S. Digital Asset Market Clarity Act, arguing that it could have long-term negative impacts on implementation, political risks, and industry structure. Hoskinson states that even if the bill passes, the rule-making and implementation process could take up to 15 years, leading to prolonged stagnation in the industry amidst uncertainty. He points out that the current U.S. political environment (especially after the FTX incident) has tightened regulations, potentially classifying new projects as securities and stifling innovation. He further warns that the bill could be weaponized by future administrations, becoming a political tool that different parties could exploit to target specific projects or industry participants. Furthermore, Hoskinson criticizes the bill's complex and overly "America-centric" design, ignoring global regulatory coordination and focusing too much on peripheral issues like stablecoin yields instead of addressing core industry problems. He believes this structural design might actually benefit established projects (such as Cardano, XRP, and Ethereum) while creating higher barriers to entry for new entrants, further exacerbating industry consolidation.

Asset management firm WisdomTree stated that the Clarity Act currently being debated in the US Congress is not a necessary prerequisite for its advancement in crypto and tokenization businesses, and that industry innovation can continue to progress within the existing regulatory framework. Will Peck, Head of Digital Assets at WisdomTree, pointed out that the SEC's existing tools are sufficient to support the development of tokenized securities and funds, and "we do not see this act as a hurdle." WisdomTree has been continuously expanding its presence in the crypto and tokenization field in recent years, having launched a spot Bitcoin ETF in the US and offering various crypto trading products in Europe. Recently, the company has focused on promoting tokenized real-world assets (RWAs), particularly money market funds, and has already achieved a certain degree of market acceptance. Peck revealed that the fund, through regulatory exemptions, achieves near-real-time settlement, allowing investors to switch between USD, stablecoins (such as USDC), and the fund at any time, demonstrating a new model for traditional financial products on-chain. The company plans to further expand to more tokenized products in the future, including ETFs and income-generating assets, allowing investors to directly access traditional financial assets through digital wallets. While Peck believes the Clarity Act has positive implications for the industry, he emphasizes that industry development has not stalled, stating, "Even amidst market volatility, we are still moving at full speed (all systems go)."

Latin American e-commerce giant Mercado Libre announced the closure of its proprietary cryptocurrency token, Mercado Coin, ending a nearly four-year-long user incentive experiment. Starting April 17th, users will no longer be able to buy, sell, or acquire Mercado Coin through cashback programs; the token's core functionality within the platform has officially ceased. However, users can still choose to sell their tokens, use them for shopping discounts, or wait for the system to automatically convert them into local fiat currency. Mercado Coin was launched in Brazil in 2022, based on the Ethereum ERC-20 standard, initially used to reward spending on the platform, managed through the Mercado Pago wallet, and supported for circulation in partnership with the exchange Ripio. This closure reflects a reassessment by large tech companies of the viability and long-term value of their own crypto assets (branded tokens). Despite this, Mercado Libre retains other crypto-related businesses, including stablecoin transfers, token trading, and holds over $38 million worth of Bitcoin on its balance sheet. Industry insiders believe this move signifies a cooling down of the "platform token" model, while more universal stablecoins and infrastructure products are becoming the mainstream.

Federal Reserve Governor Michael Barr stated that the development of stablecoins must be built on strict regulation, warning that a lack of effective constraints could repeat the "long history of problems caused by private currencies." In his speech, Barr pointed out that while the GENIUS Stablecoin Act has provided an initial regulatory framework for the industry, the key lies in subsequent enforcement, including continuous monitoring of reserve assets and mechanisms to prevent illicit use. He emphasized that stablecoins can only be truly considered "stable" if they can be repaid at face value under various market conditions. The liquidity and security of reserve assets are particularly critical when market pressures or increased risks to the issuers themselves intensify. Furthermore, Barr pointed out that stablecoin issuers have an incentive to increase profits through higher yields, which could lead them to take on higher risks in reserve asset management, thus posing a potential threat to financial stability. Currently, stablecoin regulation remains one of the major points of contention in US crypto legislation, and has also affected the progress of related legislation to some extent.

Investment bank Benchmark initiated coverage of tokenized infrastructure platform Securitize with a "Buy" rating and a $16 price target, positioning it as a "picks and shovels" opportunity in the tokenization wave. The analysis points out that Securitize's business model revolves around the entire lifecycle of tokenized assets, covering issuance, trading, and services, enabling it to generate continuous revenue as the industry scales, without relying on the success of a single asset or product. Benchmark believes that tokenization is one of the most profound changes in capital markets since electronic trading, and Securitize is at the heart of this trend. The company currently holds approximately 70% of the US tokenization market share and partners with large asset management institutions such as BlackRock, with its BUIDL fund totaling approximately $1.7 billion. Securitize plans to go public through a merger with Cantor Equity Partners II, and the merged entity is expected to trade on Nasdaq under the ticker symbol SECZ. The analysis also points out that despite strong industry momentum, the further adoption of tokenization still depends on continued clarity in the regulatory environment.

On April 1st, Jinshi Data reported that Federal Reserve Chairman Schmid warned on Tuesday that rising energy prices should not be assumed to have only a short-term impact on inflation, as inflation was already close to 3% even before the Iran war caused oil prices to surge, and the Fed's progress toward its 2% inflation target has stalled. Schmid stated, "I don't think we can be complacent about the risks to inflation expectations." He also pointed out that while most measures of medium- to long-term inflation expectations have remained stable, this does not offer much comfort. "Our task now is to take appropriate policy action to confirm these expectations." Schmid did not specify what particular policy measures he was referring to, but he opposed the Fed's decision to lower interest rates twice last year. Last week, financial markets reflected a growing belief among investors that rising oil prices might force the Fed to raise interest rates later this year to prevent inflation. However, this week, market sentiment has shifted to the view that the Fed will maintain interest rates.

The "1%" in the McKinsey report is not an epitaph for stablecoins, but rather their coordinate.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

DeFi has come full circle, only to return to that morning 600 years ago.

With DTCC, ICE, and Citadel all entering the fray, Canton's integration unlocks $8 trillion in RWA.

On March 27, HashKey released its full-year results for 2025, showing stagnant revenue, continued losses, and a share price below its IPO price.

The United States, the crypto market, Iran, Trump: After Iran, Cuba is next. Golden Finance, will the flow of funds change?

The United States has chosen to prioritize the deployment of AI in the military field. Where will the borders be pushed next?

A viral data leak tied to the director of the FBI-Kash Patel-has ignited a wave of memecoin scams on Pump.fun, with opportunistic traders launching dozens of tokens that surged and crashed by over 90% within hours.

U.S. Senators Bill Cassidy and Cynthia Lummis have unveiled the “Mined in America Act,” a sweeping proposal aimed at breaking America’s dependence on foreign Bitcoin mining hardware while accelerating the creation of a national Strategic Bitcoin Reserve.

Many people's impression of Bitcoin miners is still limited to buying mining machines, mining BTC, and waiting for the price of the coin to rise. In reality, more and more large BTC miners are starting to actively align themselves with AI infrastructure companies.