March 4, 2026A stablecoin payment protocol built on a 35-year-old unused HTTP code is gaining traction among developers building infrastructure for autonomous AI agents, with on-chain data showing rapid early adoption and a governance structure already taking shape.
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a16z Crypto on March 3 updated its open-source Jolt virtual machine with a new cryptographic component that delivers genuine privacy protections, while publicly arguing that most of the industry has applied the "ZK" label to systems that do not actually deliver zero-knowledge privacy.
Mizuho Securities lifted its price target on Circle Internet Group (NYSE: CRCL) from $90 to $100 on March 3, 2026, citing a surge in crude oil prices that has reduced expectations for Federal Reserve rate cuts this year. The bank kept its "Neutral" rating on the stock, which was trading at roughly $101.90 on the day, up about 6% and nearly 20% higher than it was a week prior.
TD Cowen warns the banking industry's push to retroactively restrict crypto reward programs is likely to lose politically, yet prolonged enough to derail the Digital Asset Market Clarity Act before it reaches a Senate floor vote.
Coinbase CEO Brian Armstrong publicly acknowledged on March 3, 2026, that the social finance features built into Base App "didn't quite work," according to reporting by The Block, confirming a strategic retreat from the company's ambitious super-app vision and a full pivot toward crypto trading.
March 3, 2026
TCS Blockchain and PayPal announced a partnership on March 3 to settle freight invoices on-chain using PayPal USD (PYUSD), aiming to cut the cost of carrier financing by up to 90% in a North American trucking market worth an estimated $3 trillion per year.