Multiple projects in the TRON ecosystem are moving into a deflationary phase through large-scale token buybacks and burns. JST has completed its fourth buyback-and-burn round, with cumulative burns exceeding 1,711,249,863 JST, or 17.29% of total supply, and total buyback value across four rounds surpassing $94.62 million. SUN.io has carried out 51 burn rounds since late 2021, with cumulative burns exceeding 678,547,188.32 SUN, while WINkLink and BitTorrent plan to use all related revenue to buy back WIN and BTT, respectively.

Ripple is building repo settlement directly on the XRP Ledger, enabling cash and U.S. Treasury collateral to swap in a single atomic transaction that settles both sides at once. The mechanism is designed to reduce counterparty trust requirements by ensuring there is no payment without collateral and no collateral without payment. U.S. Treasury repo exceeds $8T in daily transaction volume, while distributedledger repo activity is already around $365B–$400B per day. If only 5% of U.S. Treasury repo were to settle through XRPL, annualized settlement turnover would top $100T.

Tether said KPMG U.S. has completed its first full independent audit of the company’s financial statements, issuing an unqualified opinion on Tether International’s 2025 financials. The audit found the reserves backing USDT exceeded liabilities by $6.814 billion at year-end. It also covered more than $141 billion in direct and indirect U.S. Treasury exposure, along with gold and roughly $60 billion in bitcoin, based on Arkham Intelligence data cited by outlets reporting the announcement. Supporters say the report bolsters Tether’s credibility after years of scrutiny over its reserves.

Ondo Finance’s tokenized equity platform, Ondo Stocks, is holding $1.01 billion in total value locked and has recorded $27 billion in cumulative trading volume since its September 2025 launch. The platform supports more than 440 tokenized U.S. stocks and ETFs, while centralized exchanges have contributed $18 billion of volume and hold $206 million in tokenized assets. Ondo Perps, launched in July 2025, has surpassed $8 billion in total volume, including more than $5 billion over the past 30 days, with open interest peaking at $87 million. Across Ondo’s broader product suite, holder counts and transfer activity have also risen, alongside growth in its tokenized Treasury products.

In December 2020, the SEC sued Ripple, alleging XRP was an unregistered security, prompting multiple exchanges to delist the token. A court ruled in 2023 that XRP itself is not a security, and the SEC fully dropped the case in 2025. In February 2026, Ripple CEO Brad Garlinghouse was appointed to the CFTC’s Innovation Advisory Committee. On Aug. 19, 2026, Ripple met at the White House with President Trump as well as the SEC and CFTC chairs, and the committee held its first meeting the next day with Ripple holding a seat.

Solana highlighted a series of ecosystem updates, including MoneyGram’s launch of Ramps that lets builders reach 60M+ customers through ~500K retail locations via a single API. Bullish completed what it said were the first tokenized equity trades on a regulated exchange, settling tokenized $BLSH 24/7 in stablecoins on Solana. Solana’s RWA ecosystem reached an all-time high of $3.9B in total value, and the network set a single-day record by processing 171.9M non-vote transactions. Sunrise also launched $SILV backed 1:1 by audited physical silver reserves, while JupiterExchange introduced Lend v2 Smart Vaults and project0 and _gammafi rolled out ML Vaults aimed at optimizing yields in real time.

On March 10, 2026, Aave misconfigured its CAPO risk oracle, capping the onchain wstETH exchange rate about 2.85% below market and triggering roughly 10,938 wstETH liquidations. Liquidation volume totaled about $26–27 million, with liquidators capturing around 499–512 ETH in value. On February 15, 2026, Moonwell misconfigured a Chainlink OEV wrapper after a governance change, reporting cbETH at about $1.12 instead of roughly $2,200 and enabling the seizure of 1,096.317 cbETH. The incident left the protocol with about $1.78 million in bad debt.

The Office of the Comptroller of the Currency (OCC) has granted World Liberty Financial preliminary conditional approval to form a national trust bank centered on its roughly $4 billion USD1 stablecoin. The proposed World Liberty Trust Company would ultimately bring USD1 issuance and reserve custody under federal supervision if it meets the remaining conditions for final approval. Separately, World Liberty’s DeFi leverage tied to WLFI—backed by 5 billion WLFI tokens—has moved closer to liquidation thresholds, while more than $40 million of borrowed funds have been transferred to Coinbase Prime.