Tech Headlines

1. Li Chunlin from the National Development and Reform Commission: Exploring the Use of Blockchain Technology to Promote Key Data "On-chain"

April 2, People's Financial News - Li Chunlin, Deputy Director of the National Development and Reform Commission, stated at a press conference by the State Council Information Office that, in enhancing technology support and protection, the commission has already applied new technologies like privacy computing to the sharing and application of credit information, reducing the risk of information leakage. Furthermore, they will explore the use of blockchain technology to promote key data "on-chain," achieving encrypted data processing and flexible workflows.

https://www.stcn.com/article/detail/1636147.html

2. Alchemy Pay Expands into the RWA Field, Bringing Traditional Assets Like U.S. Treasury Bonds Into the Crypto Ecosystem

BlockBeats reports, on April 1, cryptocurrency payment company Alchemy Pay announced it would integrate real-world assets (RWAs) into its products. By cooperating with mainstream RWA providers, it aims to introduce high-quality traditional financial assets such as U.S. Treasury bonds and blue-chip stocks into the crypto ecosystem, supporting users from multiple regions in purchasing with fiat currency. Alchemy Pay aims to build a compliant channel connecting traditional finance with decentralized finance, providing users with diverse investment options and lowering the participation threshold for global users.

https://www.theblockbeats.info/flash/287831

3. Ethereum Researcher Proposes EIP-7922 to Increase Flexibility in Ethereum Exit Queue

BlockBeats reports, on April 2, Ethereum researcher mikeneuder.eth proposed EIP-7922 to improve the validator exit queue in Ethereum, enhancing exit flexibility and efficiency while ensuring system security.

Currently, Ethereum adopts a fixed exit limit per epoch (about 16 exits), which can ensure economic security by controlling the number of exits and preventing a security drop. However, when exit demand surges, validators need to wait for a long time, increasing liquidity risk and capital costs.

EIP-7922 proposes dynamically adjusting the exit limit based on recent actual exit situations (e.g., if there are fewer exits in the past two weeks, more exits can be allowed currently to reduce waiting time), replacing the fixed limit. The proposal is currently in the draft stage.

https://www.theblockbeats.info/flash/287980

4. RWA Platform WisdomTree Connect Expands to Multi-Chain Network and Launches 13 Institutional RWA Funds

PANews reports on April 3, according to Blockworks, asset management firm WisdomTree has expanded its RWA platform WisdomTree Connect to EVM-compatible chains like Base, Arbitrum, Avalanche, and Optimism, while launching 13 institutional-grade tokenized funds, including stock index, fixed income, and asset allocation funds. The platform uses soulbound NFTs for wallet marking, achieving point-to-point transmission on-chain. The current market value of the WTGXX currency market fund is $108 million.

https://blockworks.co/news/wisdomtree-connect-expands-chain-base-tokenization

Industry Dynamics

1. U.S. House Financial Services Committee Votes to Approve Stablecoin Regulation Bill

The U.S. House Financial Services Committee voted on Wednesday to advance a major bill regulating stablecoins. The bill, titled "Stablecoin Transparency and Accountability for a Better Ledger Economy" (known as STABLE), was approved by the committee with a vote of 32 in favor and 17 against. It aims to create a framework for dollar-denominated stablecoins.

https://www.theblock.co/post/349250/house-financial-services-committee-votes-to-advance-bill-to-regulate-stablecoins?utm_source=twitter&utm_medium=social

2. U.S. SEC Issues Guidance on Stablecoins, States "Regulated Stablecoins" Are Not Securities

Golden Finance reports that the U.S. Securities and Exchange Commission's (SEC) Corporation Finance division has just released guidance on stablecoins. The agency coined a new term - "Covered Stablecoins," referring to those that maintain a stable value of 1:1 against the dollar and can be exchanged at a 1:1 ratio for dollars (i.e., one stablecoin for one dollar), supported by low-risk, highly liquid assets in reserve with a dollar value equal to or exceeding the redemption value of stablecoins in circulation. The division states that "Covered Stablecoins" are not offered or sold as investment contracts, and those participating in the "minting" and redemption processes do not need to register transactions with the commission, thus not falling under SEC's regulatory scope. The Block analysts point out that USDT and USDC fall under the category of "Covered Stablecoins." The statement does not cover algorithmic stablecoins, yield-based stablecoins, or stablecoins that track the value of assets other than dollars.

https://www.sec.gov/newsroom/speeches-statements/statement-stablecoins-040425#:~:text=Therefore%2C%20on%20balance%2C%20it%20is,does%20not%20encourage%20trading%20for

3. Georgia House Resolution Calls for Education Department to Implement "Blockchain, Cryptocurrency, and Web3" Education

Golden Finance reports, according to Bitcoin Laws, the Georgia House's resolution calls for the state's Education Department to implement education on "Blockchain, Cryptocurrency, and Web3" across K-12. The bill, initiated by the Democratic Party, states, "Bitcoin is increasingly accepted and widely used as an alternative to traditional currency."

https://x.com/Bitcoin_Laws/status/1908577300591108207

In-depth Analysis

1. FDUSD Drops Significantly: Tracing the Truth of the "Justin Sun, FDUSD, and TUSD Saga"

On April 2, 2025, Justin Sun stated on social media that FDUSD issuer First Digital Trust (FDT) has actually gone bankrupt and cannot fulfill customer fund redemption obligations. Sun's announcement caused widespread concern over FDUSD among various parties, but the root of the issue lies in the dispute between TUSD and its custodian FDT. Coincidentally, FDUSD's issuance and custody are also handled by FDT.

https://www.jinse.cn/blockchain/3711691.html

2. How MegaETH Unlocks Web2 Performance, Achieving Millisecond Response Speed?

This article introduces the expansion of the MegaETH ecosystem and its future potential, emphasizing MegaETH's ultra-high performance, promising 100,000 TPS and low latency, suitable for high-demand applications like DeFi and gaming. The article explores comparisons with Visa and high-frequency trading, analyzing the challenges and opportunities for blockchain's future demands. Through its unique architecture and mainnet plans, MegaETH could become a breakthrough point in blockchain scaling, especially in addressing current performance bottlenecks.

https://foresightnews.pro/article/detail/81914