Circle Internet Group (CRCL) shares cratered on March 24, 2026, dropping 20.11% to close at $101.17. The sharp sell-off effectively wiped out a significant portion of the gains from its massive March rally. The decline was triggered by a perfect storm of leaked legislative drafts targeting stablecoin yield and a controversial on-chain freezing incident that reignited fears over centralization.

Robinhood has authorized a $1.5 billion share repurchase program, set to be executed over the next three years. On Tuesday, HOOD closed down 4.7% at $69.08, its lowest close of the year, after the company also disclosed a new $3.25 billion revolving credit facility with JPMorgan Chase.

Brent crude fell nearly 12% on Monday to around $94, and market expert Sam Daodu said Bitcoin (BTC) and XRP rallies may struggle to last unless oil slides further toward $85–$80. Bitcoin was trading just above $70,000 while XRP hovered near $1.44, with both retreating from last week’s highs amid inflation and interest-rate concerns.

NovaBay Pharmaceuticals said it will exit biotech and rebrand as Stablecoin Development Corporation (SDEV) effective April 3, 2026, after which its stock rose 18%. The company said it has raised $134 million from investors including Tether and Framework Ventures and holds over 2.06 billion SKY tokens to pursue returns via blockchain protocols, while Deloitte Canada separately partnered with Stablecorp to build financial systems using QCAD.

Stablecoins have become the dominant rail for USD-denominated spot crypto trading, making up 83.03% of volume in late-March 2026. Fiat USD pairs accounted for 16.97% on centralized exchanges, a drop from 2021 when stablecoins held 77.75% and fiat pairs 22.25%. The shift reflects stablecoins' growing role in liquidity and settlement across both centralized markets and DeFi.

Dogecoin, Shiba Inu and Pepe Coin gave back part of earlier gains as meme-coin momentum cooled, with traders watching nearby support zones. Dogecoin was around $0.09324 (down 2.25% in 24 hours), while SHIB hovered near $0.00000613 (up 0.10%) and PEPE near $0.00000349 (down 0.59%).

EDXM International says it will roll out a blockchain-based Korean won perpetual futures contract in April 2026, designed to track KRW/USD via a synthetic KRWQ/USDC pair. The product settles in USDC and uses an offshore won-backed stablecoin structure positioned as an alternative to traditional KRW non-deliverable forwards, a market cited at roughly $27 billion in average daily volume.

Shiba Inu (SHIB) is trading near $0.00000610 and is holding above its 23-day and 50-day moving averages, while price structure shows higher lows forming through March. A double bullish divergence on the RSI and a breakout above $0.00000504 are being watched as signals of improving momentum. If resistance levels give way, the 200-day moving average near $0.00000842 is cited as a potential upside target.