Digital payments platform Wirex integrated the Gauntlet-managed Morpho vault into its enterprise accounts on March 20, enabling automatic conversion of corporate funds to USDC or EURC and deposit into the vault. Over $10 million has already been earning yields through this feature. Future expansions will include British pound, Australian dollar, and Hong Kong dollar accounts, along with the launch of enterprise loans backed by Bitcoin collateral.

Gate News: On March 20, spot gold declined to touch $4,630 per ounce, down 0.44% intraday; spot silver fell 3.00% intraday, now trading at $70.56 per ounce. The U.S. 10-year Treasury yield (a key indicator measuring the long-term borrowing costs of the U.S. government) rose to 4.33%, the highest level since August of last year.

Strategy's dividend preferred stock Stretch (STRC) may be overvalued due to its high annualized dividend yield of 11.5% and significantly increased future payment obligations. While it may improve the balance sheet in the short term, if Bitcoin's appreciation fails to exceed the high dividend yield, common shareholders' returns will be limited, and the market remains cautious about STRC's long-term sustainability.

On March 20, the U.S. Senate saw a breakthrough in stablecoin yield legislation discussions, with the key focus on building a compromise framework. Senators pointed out that the emphasis has shifted toward identifying stakeholders rather than bill details, while the White House maintains a cautious stance. The latest discussions plan to limit the use of traditional financial terminology, aimed at reducing regulatory pressure. Stablecoin-related business has become an important part of platform revenue, and policy changes could impact business models. The probability of the bill passing in 2026 is estimated at 61%.

Gate News report: On March 20, White House crypto advisors stated that friction between banks and crypto companies regarding stablecoin yields is unfounded, and expressed confidence in yield sharing. Meanwhile, Solana price maintained levels around 88 dollars. Additionally, crypto project Pepeto has recently garnered market attention.

Gate News Report: On March 20th, according to Gate market data, as of press time, STO (STO Chain) is trading at $0.09283, up 21.21% in the last 24 hours, reaching a high of $0.09636 and a low of $0.0764. The 24-hour trading volume reached $107,200. The current market cap is approximately $20.9177 million, ranking at position 779. StakeStone is a crypto-native new bank designed for the autonomous finance era, dedicated to connecting on-chain assets, institutional strategies, and AI agents to build a seamless value network. The platform provides core features including personal accounts, agent economy, and yield layers, allowing users to enjoy a simplified banking experience through social login, gas-free transactions, and other methods. StakeStone's

Negotiations on the U.S. cryptocurrency market structure CLARITY Act are nearing a deal, with updated text submitted to the White House and the Senate discussing bridging final differences. A compromise on stablecoin yield is imminent, while some concessions for community banks remain under discussion. Meanwhile, the SEC released a definition framework for classifying crypto assets, emphasizing the need for Congress to rewrite legislation.

Gate News: On March 19, Sui blockchain launched Hashi, a Bitcoin DeFi protocol. The protocol offers a smart contract-based trustless model that allows retail and institutional users to earn yields and conduct lending operations using Bitcoin, aiming to unlock the utility of BTC.

On March 19th, Ethereum re-staking protocol EtherFi announced integration with Plume Network to provide tokenized real-world asset yields. The collaboration is implemented through the nBASIS vault and is planned to roll out in two phases, aiming to offer users diversified yield sources and enhance financial services capabilities.

The U.S. Senate, led by Senator Cynthia Lummis, is making progress on stablecoin yield negotiations, moving from drafting legislation to stakeholder engagement. Despite optimism in the discussions, key figures like Patrick Witt and Tim Scott remained silent on the outcomes.