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Crypto

Euro stablecoins struggle to gain traction despite new rules

Dollar-based stablecoins continue to dominate the stablecoin market, leaving euro-based tokens struggling to gain traction. Data compiled by crypto research firm Kaiko show monthly spot trading volume for euro stablecoins has fallen to about $100 million this year from about $200 million in early 2024. Kaiko said euro stablecoins have failed to generate meaningful trading activity despite the EU’s MiCA framework designed to support compliant issuers.

Crypto

Trust Wallet launches AI agent enabling automated trading across more than 25 blockchains

Trust Wallet, a digital wallet owned by Binance founder Changpeng Zhao, has introduced a cryptocurrency trading function using AI agents, The Block reported on March 26. The wallet unveiled TWAK, an agent kit that lets AI agents execute real crypto trades across more than 25 blockchains within user-defined rules. It can handle cross-chain swaps and recurring purchases. TWAK offers fully automated trading or user approval of AI suggestions.

Telecommunications & Media

Broadcast Media Telecommunications Commission, National AI Strategy Committee discuss fostering public forum in AI era

South Korea's Broadcast Media Telecommunications Commission and the National Artificial Intelligence Strategy Committee held a meeting on March 27 to discuss ways to foster a digital public forum in the AI era and strengthen cooperation to respond to AI misuse, they said. The agencies agreed on the need to link with private platforms and expand public-private cooperation. They also discussed institutional improvements and expanding AI literacy programmes.