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ChainCatcher news, Singapore-based stablecoin payment infrastructure company Dtcpay announced the completion of a $10 million Series A financing round, led by Vertex Ventures Southeast Asia & India. The company has obtained an electronic money institution license in Luxembourg to expand regulated payment services in the European Economic Area. Dtcpay builds stablecoin payment infrastructure for businesses and consumers, and has partnered with Visa to launch cards connecting digital finance and traditional finance. Its platform supports real-time settlement between stablecoins and fiat currencies.

Golden Ten Data reported on March 17 that S&P Global released data from the Fujairah Oil Industry Zone, showing that bunker fuel sales at the UAE’s Fujairah Port dropped to a monthly record low in February. Due to the outbreak of the US-Iran conflict at the end of February and ongoing drone attacks that have hindered oil loading operations at this major Middle Eastern fueling hub, trade sources expect sales to decline further in March. According to the latest data and historical figures since 2021, bunker fuel sales in February (excluding lubricants) totaled 549,765 cubic meters (approximately 544,570 metric tons). Sales of low-sulfur bunker fuel decreased by 1% month-on-month to 365,706 cubic meters, while high-sulfur bunker fuel sales sharply dropped by 35.6% to about 147,000 cubic meters. Sales of marine gasoil fell by 2.7% to 37,070 cubic meters. The market share of low-sulfur fuel oil expanded from 64% in January to 73% in February, while the market share of high-sulfur fuel oil narrowed from 36% to 27%.

Jinse Finance reported that on March 17, ahead of the release of the Producer Price Index (PPI) data and the Federal Reserve's interest rate decision, bitcoin broke through a key resistance level, with its trading price surpassing $75,000. Forecasts indicate that producer inflation may cool down, but core inflation pressures remain elevated, leaving uncertainty in the Federal Reserve's policy trajectory. Analysts noted that as geopolitical tensions persist, the crypto market has diverged from the trends of stocks and gold, and bitcoin's "safe haven asset" narrative is making a comeback.