Global asset management giant BlackRock's staking Ethereum ETF iShares Staked Ethereum Trust (ETHB) achieved $15.5 million in trading volume on its first day of trading, demonstrating strong market reception. The ETF generates returns for investors through a staking mechanism and distributes most of the returns in the form of monthly dividends, potentially opening new pathways for crypto investment models.

Wintermute notes that Bitcoin miners face profitability challenges due to reduced income after the halving and high energy costs, recommending that miners proactively manage their BTC holdings by adopting strategies such as using derivatives and lending protocols to enhance returns in response to market pressure.

Gate News reports that on March 13, Circle announced that its tokenized money market fund USYC has surpassed $2 billion in assets under management, becoming the world's largest tokenized money market fund. USYC is a product that tokenizes traditional money market funds using blockchain technology, allowing institutional investors to hold, trade, and manage yield-bearing assets on-chain. The fund mainly invests in short-term U.S. Treasury securities and repurchase agreements backed by U.S. government securities.

Gate News bot message, according to the official Gate announcement on March 12, 2026 Gate launches the GUSD Minting New User Limited-Time Reward Phase 8. New users who mint GUSD using USDT/USDC can earn annualized returns of up to 100%. The event runs from 16:00 on March 12, 2026, to 16:00 on March 26, 2026 (UTC+8). Users can mint daily, receiving GUSD at a 1:1 exchange rate, with earnings starting to accrue from the day after purchase. GUSD is a flexible principal-protected financial product launched by Gate. Its returns come from Gate's ecosystem revenue, government bond RWA, and high-quality yield assets supported by stablecoins. Users can redeem GUSD at any time, exchanging it back to USDT/USDC at a 1:1 ratio. Additionally, GUSD involved in other platform financial products (such as Launchpool and Launchpad) can earn corresponding product yields, GUSD minting rewards, and activity bonuses during the investment period. The platform also introduces a reference comprehensive annualized calculation mechanism. The comprehensive annualized rate consists of a reference annualized rate plus additional rewards, with the extra rewards distributed daily in GT tokens. The annualized yield rate is dynamically adjusted based on Gate's ecosystem income, government bond RWA, and stablecoin-related asset returns.

Gate DEX will launch the USDD staking campaign from March 12 to April 11. Users can earn 5% APY and an additional 20,000 USDD rewards through USDD Earn staking, with rewards settled daily. The platform is scheduled to launch in 2025 and will support multiple token staking.

Gate News Report, March 12 — According to Gate Market Data, as of press time, MMT (Momentum) is currently priced at $0.15, up 27.37% in the past 24 hours. The highest price reached $0.15, while the lowest dropped to $0.11. The 24-hour trading volume is $28 million. The current market capitalization is approximately $30.7 million, an increase of $6.6 million from yesterday. Momentum is a financial operating system built for the tokenized future, supporting the new era of global finance by tokenizing assets and enabling seamless connection and trading within a single platform. The platform’s core products include Momentum DEX (the core exchange of the Move ecosystem, providing deep liquidity and low fees for trading on Sui), automated yield Vaults, and capital-efficient liquid staking.

Trump's digital asset advisory team pointed out that stablecoins regulated under the GENIUS Act are expected to bring new capital inflows to the U.S. banking system, but the banking industry remains cautious about their potential deposit-raising schemes. Although the crypto industry believes regulation should focus on the use of funds, the yield mechanism of stablecoins remains a legislative point of contention. The White House is seeking to establish a new consensus on stablecoin policies.

Gate News Report, March 12 — According to Gate market data, as of press time, OGN (Origin Protocol) is trading at $0.03, up 39.24% in the past 24 hours. The highest price reached $0.03, while the lowest dropped to $0.02. The current market capitalization is approximately $17.4 million, an increase of $4.89 million compared to yesterday. Origin Protocol is a professional DeFi ecosystem platform dedicated to providing high-yield staking products. The platform's core product, OETH (Origin Ether), is an Ethereum liquid staking token that achieves industry-leading staking yields through an efficient validator architecture and rebasing design. Additionally, Origin Protocol offers multi-chain deployment products, including Bas

The U.S. Senate is advancing legislation on the structure of the crypto market, with stablecoin yield issues becoming a point of controversy. Democratic Senator Angela Alsobrooks and Republican Senator Tom Tillis are working together to seek a compromise, emphasizing the need to find a balance between the crypto industry and the banking sector to avoid impacting financial stability. The banking industry hopes to restrict stablecoin yield payments to prevent capital outflows from the banking system, while the crypto industry opposes this restriction, arguing that yields are key incentives for users. Future regulatory frameworks need to consider the interests of both sides.

The CLARITY Act is progressing slowly in the U.S. Senate, mainly due to disagreements over stablecoin yield mechanisms. Senators are seeking a compromise, but the banking industry remains cautious, hoping to pass legislation before the 2026 elections. Time is tight, and whether the bill will pass remains uncertain.