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%.

# Key Variable Emerges in U.S. Stablecoin Regulation A research report from the White House Council of Economic Advisers has become a focal point of controversy, arguing that stablecoins have limited impact on traditional bank deposits. Multiple Republican senators are demanding the report be made public to advance the Digital Asset Market Transparency Act. Signals from the Treasury Secretary indicate support for easing bank capital constraints, with policy pathways at a critical juncture.

On March 20, prediction platforms showed the probability of the U.S. confirming the existence of extraterrestrials before 2027 rose to 17%. The White House-registered "aliens.gov" currently has no content. Trump announced plans to declassify UFO-related files, with the Defense Secretary confirming a review is underway, though no timeline was disclosed. Former officials claim the government holds numerous unpublished video evidence.

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.

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.

Crypto security researcher al_f4lc0n has accused the blockchain project Injective of slow communication in handling a critical security vulnerability and disputes over the bug bounty amount. The vulnerability originates from a defect in the sub-account verification mechanism, threatening over $500 million in assets. al_f4lc0n failed to receive the deserved bounty, raising questions about Injective's security governance.

On March 16, Polymarket data showed that an investor bet on a US-Iran ceasefire before July with an 88% win rate. Trump and US officials expressed skepticism toward negotiations, while Iran's foreign minister insisted they are not seeking a ceasefire. Oman and Egypt are attempting to restart communications, but the White House has not yet responded.

White hat hacker f4lc0n discovered a serious vulnerability in the Injective protocol that could have led to the theft of $500 million in assets. Although the fix was rewarded with only a $50,000 bounty, which is below the maximum standard of $500,000, f4lc0n disputes this and plans to continue exposing the issue.

The White House has demanded that ABC News retract its report on a potential Iranian attack on California, stating it exaggerated the threat and relied on unverified information. While California's government has made preparations to respond, no imminent threat has been identified. Meanwhile, Iranian drones have become increasingly important in Middle East warfare, and cryptocurrency has also played a role in related supply chains. This incident demonstrates the critical importance of drones and digital currency in modern warfare.

U.S. Senate Majority Leader John Thune stated that digital asset market structure legislation is not expected to advance before April, as the Senate will prioritize the Save America Act. This timeline differs from the expectations of the Ohio senator. While the Agriculture Committee has advanced the bill, the Banking Committee's proceedings have been delayed, and the White House has not reached any agreement.