Gate News reported that on March 13, Bank of America stated that the Federal Reserve will have to address the supply shock from soaring oil prices. In the Summary of Economic Projections (SEP) released ahead of the March Federal Reserve meeting, overall and core inflation forecasts are likely to be revised upward. The Bank of America report points out that if long-term growth expectations are also revised upward, the median dot plot for long-term interest rates could move slightly higher. In this case, Federal Reserve Chairman Powell may acknowledge stagflation risks while emphasizing a wait-and-see approach.

Gate News reported that on March 13, American financial website investinglive stated that the latest report shows core PCE (Personal Consumption Expenditures Price Index, the inflation indicator closely monitored by the Federal Reserve) has recorded a month-over-month increase of 0.4% for two consecutive months. The overall data basically aligns with expectations. If similar data continues for several more months, the inflation rate will rapidly approach 2%, and these data will still be factored into year-over-year calculations over the next 10 months. Additionally, an energy price shock is about to arrive.

Tether CEO Paolo Ardoino is making the United States a core focus for expansion, with plans to complete audits by 2026. The company earned over billion in profits last year and currently holds approximately @E1@ billion in U.S. Treasury bonds. Meanwhile, Tether has launched the compliant token USAT and is investing across multiple sectors.

Ripple Chief Executive Officer Brad Garlinghouse stated that the company will focus on developing enterprise blockchain applications, particularly the application of stablecoins in financial scenarios. Financial institutions' attention to digital assets continues to rise, and the efficiency improvements of blockchain technology in core business areas such as fund management have become a focus for management. Major institutions are actively deploying stablecoins to advance the development of enterprise-grade cryptocurrency payments.

The U.S. Congress has shown divisions in discussions regarding cryptocurrency tax policy, with the small transaction tax exemption proposal gradually applying only to stablecoins, triggering dissatisfaction among Bitcoin supporters. Industry leaders have clashed publicly over this, with the core of the debate centered on small transaction exemptions. Currently, cryptocurrencies are classified as property, and transactions require capital gains tax payments, resulting in high compliance costs.

Former ByteDance senior algorithm scientist Tian Zhi founded AI company Maxgent, which officially debuted on March 13, focusing on the OpenClaw direction for overseas markets and has received investment from Wang Huiwen. The team includes several notable figures, and Tian Zhi has participated in multiple important projects.

Gate News — On March 13, according to Gate market data, as of press time, ENSO (Enso) is trading at $1.33, up 19.34% in the last 24 hours. It reached a high of $1.34 and a low of $1.10, with 24-hour trading volume reaching $170 million. The current market cap is approximately $27.5 million, an increase of $4.45 million compared to yesterday. Enso is the fastest on-chain application building and deployment platform. Every on-chain interaction is mapped to a shared engine, eliminating the need for manual blockchain or smart contract integration. Enso provides two core features: Actions and Shortcuts, allowing developers to abstract any isolated smart contract transaction into simple components and combine multiple Actions into reusable and shareable Shortcuts.

Gate News reported that on March 12, Ethereum founder Vitalik Buterin published an article expounding on Ethereum's core value. He stated that Ethereum's most fundamental purpose is not smart contracts or payments, but rather serving as a "public bulletin board," providing a publicly readable and writable data availability layer for cryptographic protocols such as voting, certificate revocation, and version control. Additionally, he pointed out that ETH can serve as a payment tool against Sybil attacks, while smart contracts function as a shared programming layer and collateral enforcement tool.

Gate News reports that on March 12, Starknet released the STRK20s technical documentation, detailing its design architecture and core concepts. STRK20s can provide privacy capabilities for any ERC-20 token, supporting Bitcoin, stablecoins, Ethereum, and other ERC-20 tokens to achieve private balances, private transfers, and private DeFi interactions. Currently, Starknet has opened registration for cooperation intentions.

Gate News reported that on March 12, Mind Network, an FHE infrastructure project, stated that Apple has been operating fully homomorphic encryption (FHE) as core infrastructure since iOS 18. Features such as real-time caller ID can directly process user queries while data remains strictly encrypted at all times. The technology is currently supporting millions of iPhones.