Stablecoin startup Payy completes $6 million seed round, plans to enable private payments through zero-knowledge proofs, launch self-custody wallet and Visa-supported payment card, and expand enterprise customers to drive stablecoin adoption in the future.

RootData has mapped out Stripe's partner network in the crypto space, forming a closed-loop architecture of "three layers of self-built + external ecosystem." Tempo's mainnet launch and the introduction of its AI payment protocol mark the evolution of Stripe's crypto layout. RootData will continue tracking project relationships to enhance transparency and market trust.

Gate News reported that on March 20, WLFI announced the launch of AgentPay SDK, an open-source payment toolkit for AI agents. The SDK is built on USD1, integrating self-hosted key management features and policy-based transaction authorization mechanisms, and is compatible with common AI development tools such as Claude Code, Codex, Cursor, and OpenClaw.

Morgan Stanley has recently submitted a revised S-1 filing for a Bitcoin ETF, planning to list in the United States under the ticker MSBT, with an initial issuance of 10,000 shares and fundraising of approximately 1 million dollars. The bank may become the first major bank to directly issue a spot Bitcoin ETF. Market demand is led by self-directed investors, and improvements in the regulatory environment will facilitate capital inflows and drive expansion of the Bitcoin ETF market.

Morgan Stanley Digital Asset Strategy Head Amy Oldenburg stated at a blockchain summit that professional adoption of crypto funds remains in its early stages, with 80% of trades coming from retail investors. Morgan Stanley plans to offer Bitcoin ETF in 2024 and is considering including Ethereum and Solana. She emphasized the need to educate financial advisors on understanding the positioning of digital assets.

On March 18, approximately $7 million in cryptocurrency assets were stolen in a theft incident that was exposed. A Chinese hacker group disguised as a cybersecurity company targeted wallet services such as Trust Wallet through supply chain attacks. They carried out systematic theft across multiple mainstream blockchains, exploiting desktop client vulnerabilities to obtain user wallet data. The incident stemmed from internal conflicts and highlighted supply chain security risks for self-custodial wallets.

Morgan Stanley's Head of Digital Assets Amy Oldenburg stated at the blockchain summit that the crypto ETF market is still in its early stages, with primary demand coming from self-directed investors. Morgan Stanley plans to allow clients to purchase Bitcoin ETFs starting from 2024 and will gradually expand accessibility. Institutional participation is rising, with some major financial institutions setting crypto asset allocations of 1% to 4%.

SafePal announced on March 17th the integration of Polymarket, allowing users to participate in prediction market trading directly within the SafePal App using EVM assets without KYC or redirects. This move enhances the trading experience while safeguarding users' self-custody rights. In the future, SafePal will push market updates and progressively support non-EVM assets.