Circle, a stablecoin issuer, has initiated internal fund settlements through its own platform, according to PANews. Jeremy Allaire, Circle's CEO, announced on X that the company recently completed inter-company settlements totaling approximately $68 million using USDC and Circle Mint across its eight entities. The entire process took less than 30 minutes and operates 24/7, replacing traditional fiat wire transfers that typically require 1–3 days. This method maintains full control and audit capabilities. Allaire noted that as Circle Mint continues to update, this stablecoin-based real-time settlement model may become available to more enterprises. Currently, about 90% of the company's transfer pricing settlements can be completed within a day.

Chancellor Friedrich Merz's conservative party is encountering an unforeseen obstacle in their efforts to reclaim control from the Greens in a prosperous southwestern region of Germany. Bloomberg posted on X, highlighting this as the initial test in a series of state elections for the German leader this year. The outcome of this election could have significant implications for the political landscape in Germany, as it sets the tone for upcoming electoral contests. The conservatives are striving to regain influence in a region that has been under Green leadership, reflecting broader national political dynamics.

On March 7, Iranian President Pezehiziyan delivered a speech urging the nation to unite in defense of Iran, emphasizing that the country will not surrender unconditionally. According to Jin10, Pezehiziyan extended apologies to neighboring countries and announced that the Interim Leadership Committee had approved a decision on March 6 to cease attacks on neighboring nations and refrain from missile launches unless provoked by these countries.

Crypto analyst TraderJB suggests that XRP's recent downward momentum might be nearing its end after experiencing five consecutive monthly declines and a 52% drop from its peak. According to NS3.AI, TraderJB points out that XRP has revisited all support zones on the three-day chart since November 2024, including the $1.25 level, which was significant during last October's record liquidation event. The analysis identifies $1.61 and $3.6 as crucial levels for potential upward movement, while cautioning that a decline below $1.2 could negate the bullish trend.

On March 7, the Iranian Islamic Revolutionary Guard Corps reported that a commercial oil tanker named 'PRIMA' ignored multiple warnings from the Revolutionary Guard Navy and forcibly entered the Hormuz Strait. According to Jin10, the tanker was subsequently hit by a drone. The incident highlights ongoing tensions in the strategically significant waterway, which is a vital passage for global oil shipments.

Iranian President Ebrahim Raisi announced that the country's interim leadership committee has approved a defensive military stance. According to Jin10, the committee has decided that Iran will not initiate attacks or missile strikes on neighboring countries unless an attack against Iran originates from those nations. This decision underscores Iran's commitment to maintaining regional stability while reserving the right to defend itself if provoked. The announcement comes amid ongoing tensions in the region, highlighting Iran's strategic approach to its defense policy.

Key takeawaysBinance has launched Crude Oil perpetual contracts (CLUSDT) on its wallet trading platform.Traders can access 0% maker fees when trading the new perpetual contract.Trading activity earns 1.2x Aster Airdrop Points.Volume from CL trading will count toward the $10,000 ASTER trading competition.Binance Wallet Introduces Crude Oil Perpetual TradingBinance announced that Crude Oil perpetual contracts ($CL) are now available for trading on the Binance Wallet perpetuals platform.The contract, listed as CLUSDT, allows users to trade crude oil exposure through perpetual derivatives integrated into the Binance ecosystem.Trading Incentives for Early ParticipantsTo encourage participation, Binance introduced several incentives for traders using the new CL perpetual contract.Key benefits include:0% maker fee for CLUSDT perpetual trades1.2x multiplier for Aster airdrop pointsEligible trading volume counting toward the $10,000 ASTER CL trading competitionThese incentives aim to attract liquidity and trading activity to the newly launched product.Expansion of TradFi Assets on BinanceThe launch reflects Binance’s ongoing push to integrate traditional financial assets into crypto-native trading infrastructure.By offering commodities such as crude oil through perpetual contracts, the platform enables traders to access global markets through crypto-based derivatives, with features such as continuous trading and blockchain-integrated wallets.

Iranian President Ebrahim Raisi has issued an apology to neighboring countries. According to Jin10, the apology comes amid ongoing regional tensions and diplomatic efforts to improve relations. The Iranian government has been actively seeking to mend ties with its neighbors, emphasizing the importance of regional cooperation and stability. This move is seen as part of a broader strategy to enhance diplomatic relations and foster peace in the region source: https://www.binance.com/en/square/post/298913478361361?utm_source=BinanceNewsRSS

Iranian President Ebrahim Raisi has issued an apology to neighboring countries. According to Jin10, the apology comes amid ongoing regional tensions and diplomatic efforts to improve relations. The Iranian government has been actively seeking to mend ties with its neighbors, emphasizing the importance of regional cooperation and stability. This move is seen as part of a broader strategy to enhance diplomatic relations and foster peace in the region. The apology is expected to pave the way for further dialogue and collaboration between Iran and its neighboring states.

The UAE has announced the suspension of all flights to and from Dubai until further notice. (CCTV International News)

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Even when my former investment bank was doing very well, I always felt that another round of layoffs was just around the corner—I think part of the reason was that management simply didn't know how many people they actually needed.

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