According to a report by Cointelegraph on March 7, data from Allium shows that stablecoin trading volume reached $1.8 trillion in February, setting a new monthly record. USDC accounted for approximately 70% of the total trading volume, reaching $1.26 trillion, while USDT's trading volume in February was $514 billion.

Odaily Planet Daily reports: Trump: Iran, suffering an unprecedented blow, has apologized and surrendered to its Middle Eastern neighbors, promising not to fire on them again. This promise was made entirely because of the relentless attacks by the United States and Israel. Iran had attempted to take over and dominate the Middle East. This is the first time in thousands of years that Iran has lost a contest with its neighboring Middle Eastern countries. They say, "Thank you, President Trump." I say, "You're welcome!" Iran is no longer a "Middle Eastern bully," but a "Middle Eastern loser," and will remain so for decades until they surrender, or more likely, completely collapse! Today, Iran will suffer a devastating blow! Due to Iran's egregious actions, regions and populations previously not considered for attack are now under serious consideration for potential and certain destruction. (Jin Shi)

According to Huoxun Finance on March 7th, on-chain analyst Yu Jin reported that the lending platform Spark transferred 570,000 USDS to a new multi-signature wallet two days ago, and then began small-scale, multiple purchases of SPK through CoWSwap's TWAP function. Currently, it has repurchased 1.84 million SPK (US$36,000). Spark had previously passed an SPK repurchase proposal, which roughly involved setting aside approximately US$35 million in operating reserves in the treasury. Then, 10% of these surplus funds would be used each month to repurchase SPK. This repurchase is expected to continue for 12 months.

According to a report by South Korean media on March 7th, the South Korean Financial Services Commission is drafting a "Guideline for Corporate Virtual Currency Trading," which may exclude stablecoins from the scope of permitted investments. The guideline will outline the standards for listed companies and registered professional investment firms trading digital assets for investment or financial purposes. To prevent blind investment in the early stages of the market, the regulator has decided to exclude dollar-denominated stablecoins (such as Tether (USDT) and USDCoin (USDC)) when defining the scope of permitted investments.

According to Odaily Planet Daily, monitoring by Ember, Spark transferred 570,000 USDS to a new multisignature wallet the day before yesterday and made multiple small purchases of $SPK through the TWAP function of CoW Swap. As of now, it has repurchased 1.84 million SPK, worth approximately $36,000. Spark's repurchase mechanism is as follows: $35 million is reserved in the treasury as an operating reserve, and 10% of the remaining funds are allocated monthly for SPK repurchases, planned to continue for 12 months.