● The annual rate of US CPI in February was 6%, in line with expectations

The annual rate of the US unadjusted CPI in February was 6%, expected to be 6.0%, and the previous value was 6.4%. The annual rate of the US unadjusted core CPI in February was 5.5%, expected to be 5.50%, and the previous value was 5.60%. The monthly rate of the US seasonally adjusted CPI in February was 0.4%, expected to be 0.40%, and the previous value was 0.50%. (Jinshi)

● The probability of the Fed raising interest rates by 25 basis points in March is currently reported at 79%.

According to CME's "Fed Watch", the probability of the Fed raising interest rates by 25 basis points to the range of 4.75%-5.00% in March is temporarily reported at 79.0%, the probability of maintaining the same rate is 21.0%, and the probability of raising interest rates by 50 basis points is 0. (BlockBeats)

● U.S. Congressman: The United States may pass stablecoin legislation within a few days

The market turmoil caused by the collapse of Silicon Valley Bank briefly caused some stablecoins to break their pegs to the U.S. dollar. In an interview, House Financial Services Committee Chairwoman Maxine Waters said legislation could be passed in just a few days. (Yahoo Finance)

● Insider: Asset management giants Blackstone and Apollo are considering acquiring Silicon Valley Bank assets

Alternative asset managers Blackstone (BX) and Apollo (APO) are considering acquiring assets of Silicon Valley Bank (SVB). (CoinDesk)

● CZ: “Cryptocurrency is not safe” is a misunderstanding. The security of trusted encryption services is better than traditional finance.

Binance founder and CEO Changpeng Zhao (CZ) posted on Twitter that the statement that "cryptocurrency is not safe" is incorrect, and trusted crypto services and platforms already have security/KYC/AML that is comparable to or even better than traditional finance.

● National Australia Bank completed the first cross-border transaction of self-issued stablecoin on Ethereum

National Australia Bank said it has completed the first intra-bank cross-border transaction using its own stablecoin via Ethereum. National Australia Bank intends to issue a stablecoin with the code "AUDN". The company plans to further support transactions in Australian, New Zealand, Singaporean and US dollars, as well as euros, yen and British pounds. (BlockWorks)