On March 12, 2026, on-chain data reported that Tether minted an additional $1 billion USDT on Tron, lifting its circulating supply there to about $85.3 billion and pushing it past Ethereum’s USDT balance. As of March 11, Tether's total USDT float across blockchains was roughly $184.9 billion, while USDC transfer volume on Ethereum reached a record $1.7 trillion in February 2026. Tron now processes billions in daily USDT transfers, and recent U.S. stablecoin rules have influenced how issuers like Tether structure their products.

Bitcoin once again slipped under the $70,000 threshold after briefly spiking above $71,000 during a volatile session tied to developments in the Middle East. Pi Network's PI token climbed nearly 5% after Kraken said it would enable trading from March 13, while HYPE, TAO, and SKY led gains among major altcoins and ETH stayed above $2,000.

Bloomberg analyst James Seyffart highlighted that spot XRP ETFs have accumulated more than $1.4 billion in inflows since their mid-November launch, even as XRP's price has slumped. In March 2026, the five US-listed funds recorded net outflows of $26.07 million across several trading days, following strong inflows in November and December.

On March 12, 2026, Binance initiated a defamation lawsuit in the U.S. District Court for the Southern District of New York against Dow Jones & Company over a Wall Street Journal article published the prior month. The complaint challenges claims that Binance dismissed compliance staff for flagging $1,000,000,000 in Iran-linked transactions and halted an internal probe, while the exchange insists investigations continue, suspect accounts were removed and reported, and that staff departures were due to confidentiality breaches.

U.S. prosecutors have asked a judge to reject former FTX CEO Sam Bankman-Fried's February motion seeking a new trial, arguing he has not brought forward any valid newly discovered evidence. They said potential testimony from former executives Daniel Chapsky and Ryan Salame was known before his 2023 fraud and conspiracy conviction and would not have altered the verdict, while also disputing his claims that FTX was solvent and that the case was politically motivated.

On March 11, 2026, Coinbase CEO Brian Armstrong and Chief Policy Officer Faryar Shirzad publicly rejected allegations that the exchange lobbied against a proposed de minimis tax exemption for Bitcoin to favor USDC. Critics claimed Coinbase wanted the tax break to apply only to regulated dollar-pegged stablecoins, despite the company generating an estimated $1.35 billion in stablecoin revenue in 2025. Armstrong insisted he has actively supported a Bitcoin de minimis exemption and vowed to continue those lobbying efforts.

In February 2026, crypto-related losses dropped to about $49.3 million, an 87% decline from January's $385 million, yet attackers continued to refine their tactics. A report attributed much of the damage to a single Step Finance incident on Solana that drained around 261,854 SOL, while social engineering, phishing approvals, and address poisoning also cost users over $500,000. Additional technical exploits hit platforms such as YieldBlox, CrossCurve, and IoTeX, even as authorities in the United States and South Korea seized and froze millions linked to large-scale scam operations.

White House Crypto Advisor Patrick Witt has renewed his push for the stalled CLARITY Act, a crypto market structure bill that has seen no recent progress amid banking sector resistance to stablecoin rewards. In social media remarks this week, Witt criticized banks for warning about potential deposit flight, arguing that crypto platforms have offered stablecoin yields for years without such outcomes. He also highlighted ongoing disputes in the Senate over anti-money laundering rules, DeFi risks, and crypto holdings by senior officials, which continue to cloud the bill’s future.