Coinbase will list PRL perpetual contract on March 25th

U.S. stocks opened higher on March 25th: the Dow Jones Industrial Average gained 1%, the S&P 500 rose 0.89%, and the Nasdaq Composite added 1%. - Pinduoduo (PDD.O) climbed 2% after its Q4 2025 revenue beat expectations. - Amazon (AMZN.O) rose 2.5% following its acquisition of robot startup Fauna Robotics. - Arm (ARM.O) surged more than 11% as the company will begin selling its own chips for the first time, projecting the business to generate roughly $15 billion in annual revenue within five years. Cryptocurrency-linked equities also posted gains: - MicroStrategy (MSTR) gained 4.57% - Coinbase (COIN) rose 3.73% - Riot Platforms (CRCL) jumped 7.11% - Sports Betting & Gaming (SBET) added 4.04% - Bit Mining (BMNR) climbed 3.73%

**March 25** — The UK’s Labour Party has announced a temporary ban on political groups accepting cryptocurrency donations, pending the rollout of regulatory frameworks to address foreign election interference risks. The move could directly impact the Reform Party’s funding sources. Nigel Farage’s party previously received significant donations from the crypto industry. The UK government says the ban aims to boost transparency in political funding and public trust, and it will apply retroactively to crypto donations from today onward.

On March 25, Kairos Labs—the team behind an interest rate swap protocol—announced it has closed a $2.4 million seed funding round. The round was led by 6th Man Ventures, with participation from Lattice, Advancit Capital, and Compa Capital. Concurrently, Kairos released its technical whitepaper and launched a permissionless, non-custodial interest rate swap protocol built for EVM-compatible blockchains. The protocol is set to go live on Ethereum mainnet and Base in the coming weeks. The tool enables users to create interest rate swap markets, hedge between fixed and floating rates, and strengthen DeFi’s critical infrastructure. Currently, DeFi lending tops $40 billion in scale but remains largely floating-rate, with a gap in robust interest rate risk management tools. Kairos noted the protocol will serve as core infrastructure for on-chain fixed-income systems, accelerating the adoption of traditional financial products like bonds and structured credit in DeFi.

March 25th: Visa and Dune released a report noting that non-dollar stablecoins are gaining traction as actual payment and settlement tools—not just for DeFi yield generation. Data shows the total supply of non-dollar stablecoins hit $1.1 billion as of this February, tripling from early 2023. Transaction volumes surged from $600 million to $10 billion, a jump of over 1,600%. The current number of holding addresses stands at roughly 1.2 million, with active sending addresses seeing a sharp uptick. The report notes these stablecoins are increasingly used for cross-border payments, corporate settlements, and FX management. Funds are primarily held in user wallets, exchanges, and institutional treasuries—not DeFi protocols. EURC accounts for over 90% of transaction volumes, making the euro stablecoin the dominant player in this space. Analysts say as local-currency stablecoins grow, they’re emerging as “operational currencies” in the global payments system, pushing the stablecoin m

March 25 Iran’s Government Information Committee head HazzratI told Iran’s Student News Agency on March 25 that a reported U.S. ceasefire proposal to Iran is “a list of the enemy’s demands it cannot achieve through attacks.” The U.S.’s 15-point ceasefire proposal to Iran is another lie from President Trump and should be ignored, according to Golden Finance.

On March 25, Iran’s Fars News reported that Iranian officials stated, “What we seek is to end the war—not merely a ceasefire.” (Golden Cross)