Major News Headlines for Today

1. Fidelity Announces Stablecoin Launch..."Entering the RWA Market"
Fidelity, an asset management company with an asset management amount of $5 trillion, announced its plan to issue stable coins with the aim of entering the U.S. Treasury Bond Asset Token(RWA) market. The Financial Times reported in an anonymous source's testimony on Mar. 26 that Fidelity is preparing to issue stablecoins through its digital assets department and has set a goal to expand the stablecoins into large stablecoins that will compete with Tether(USDT) and USDC.

2. U.S. Governor of Wyoming to "Launching stablecoin in July"
Wyoming Governor Mark Gordon announced the state's launch of stablecoins in a speech at the DC Blockchain Summit held on Mar. 26. He announced that the state has selected Layer Zero as its partner for launching stablecoins and will launch stablecoins by July.

3. CEO Ripple's "XRP ETF Launch, Only a Matter of Time"
Ripple CEO Brad Garlinghouse appeared in a Bloomberg TV interview on Mar. 26 and expressed confidence in the launch of XRP spot exchange-traded fund(ETF). Asked about the launch of XRP spot ETFs, he replied, "It's inevitable." Asked if he had discussed the launch of XRP spot ETFs with large asset managers, especially BlackRock, he said, "I won't reply," but added, "I think BlackRock has said something publicly and this is very reasonable."

4. USDC Tops $60 billion in Market Capitalization For The First Time
The market capitalization of stablecoin USDC exceeded $60 billion for the first time on Mar. 26. USDC saw its market capitalization rise by about 5.09% in March amid the growth of the stablecoin market.

권승원 기자 ksw@blockstreet.co.kr