Gate News message, according to Bloomberg, Tether is making a final push for fundraising at a $500 billion valuation. The stablecoin issuer is working to complete this funding round at the specified valuation level.

Crypto Super Political Action Committee Fellowship PAC appoints Tether U.S. executive Jesse Spiro as chair, pushing for action supporting pro-crypto candidates. Meanwhile, the “Digital Asset Market CLARITY Act” is stalled in the Senate, with controversy over stablecoin yield policy affecting the bill’s progress. The crypto industry is stepping up lobbying efforts, seeking a more favorable policy environment.

Gate News update, April 1, Fellowship PAC announced the appointment of Tether US’s Vice President of Regulatory Affairs, Jesse Spiro, as the organization’s chair. Jesse Spiro will be responsible for driving Fellowship PAC’s next phase of expansion and increasing its support for candidates who back clear regulatory frameworks for innovation, digital assets, and emerging technologies. Fellowship PAC said it will publish the first list of endorsed candidates in the coming days.

Gate News reports that on March 31, stablecoin issuer Tether laid off several top gold traders who had been recruited just a few months earlier from HSBC.

On March 27, among the top 100 cryptocurrencies by market capitalization, MemeCore had the largest increase at 4.28%, while Siren had the largest decrease at 52.59%. Other tokens with increases and decreases include Canton, PAX Gold, Tether Gold, and others.

This article compiles cryptocurrency news for March 27, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin price movements, real-time cryptocurrency prices, and price predictions. Today’s major Web3 events include: 1、David Sacks takes over as co-chair of PCAST: Could the direction of U.S. crypto and AI policy be changing? 2、The U.S. rolls out a landmark bill for regulating prediction markets: Cracking down on insider trading, with officials’ trading fully restricted; 3、Vietnamese police uncover a multibillion-dollar cryptocurrency fraud case, arresting seven people including blockchain businessman Eric Vuong.

Despite the international gold price retreating, on-chain funds continue to flow into tokenized gold. Multiple whale addresses have purchased Tether Gold, indicating a medium to long-term holding signal. Macroeconomic factors influence gold price fluctuations, but Tether is promoting the expansion of XAUT to the BNB Chain, enhancing liquidity. The market size is growing rapidly, and analysts are optimistic that the gold price may rise again.

BlockBeats news, on March 27, according to informed sources, Tether has selected KPMG to conduct a comprehensive audit of its $185 billion USDT stablecoin reserves and has hired PwC to assist in preparing its internal systems for the audit work. Tether previously stated that it had formally partnered with the Big Four accounting firms but did not disclose the names of the specific firms. (CoinDesk)

Gate News reports that on March 27, the stablecoin issuer Tether has chosen KPMG as its auditing firm and has hired PwC to assist in improving internal systems. This move is the clearest signal that Tether is moving towards a comprehensive audit of its financial statements. The audit scope will go beyond the monthly reserve attestations currently issued by BDO Italia, conducting a thorough review of assets, liabilities, control measures, and reporting processes.

According to data from DefiLlama, approximately 97.6% of DeFi projects have failed to generate significant revenue, and income is highly concentrated. In the past 30 days, only 32 projects have earned over $2 million, with main revenue coming from stablecoin issuers and trading platforms, with Tether and Circle earning $490 million and $201 million respectively. Only a few protocols have revenue between $10 million and $50 million, while some projects are experiencing losses.