Welcome to the Superchain Monthly Recap, a snapshot of the key updates and network-level progress across the Superchain over the past month.
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March reflected steady growth across the Superchain, with stablecoin adoption, total value secured, and partner network activity all continuing to build on February's momentum. Individual chains posted numbers that point to deepening real-world usage rather than speculative activity.
This activity was visible in network-level data.
A full breakdown of Superchain activity is available on the Superchain Health Dashboard.
Tether on Celo continues to scale, with 5M+ weekly USDT users and 7.2M+ weekly USDT transactions reflecting real consumer payment flows across emerging markets. Building on that momentum, USAT is now expanding to Celo, the first chain expansion following Tether's dollar stablecoin deployment on Ethereum. The launch is supported by day one partners MiniPay, Google Cloud, and Self Protocol, and will include a first-of-its-kind USAT faucet powered by ZK proof of humanity. On Ink, Tycho continues scaling as the chain's primary money market infrastructure, with Ink now ranking as the second most utilized Aave market at 42.1% utilization.
The 5 biggest Superchain stories
Bitpanda, one of Europe's largest retail investment platforms with 7 million users, is launching Vision Chain, a blockchain built specifically for European financial institutions. The chain is being developed on the OP Stack and fully managed through OP Enterprise, giving Bitpanda's institutional partners a direct path to production without building private blockchain infrastructure from scratch. Vision Chain will integrate OP Succinct's ZK technology for same-day L1 withdrawals, launch with 200ms block times, and support MiCA-compliant Euro stablecoins as gas tokens to eliminate FX friction for European institutions.
For the Superchain, Vision Chain is a meaningful proof point. A regulated European financial institution with millions of users chose a fully managed OP Stack deployment over building private infrastructure because it lets them focus entirely on their product roadmap instead of chain operations. As European institutions look for compliant paths to tokenized assets and on-chain settlement, Vision Chain establishes the Superchain as a viable home for that activity.
A year after completing its transition to an Ethereum L2, Celo Core Co. proposed a set of coordinated changes to bring the network's economic model in line with its adoption. The proposal routes all net sequencer revenue to the Community Fund as CELO, introduces programmatic conversion of stablecoin fees into CELO on the open market, and returns the 1.749M CELO collected in sequencer fees since the L2 migration back to the community. A measured minimum base fee increase is also proposed following the upcoming Jovian hardfork, with adjustments designed to improve revenue capture without introducing friction for users.
The underlying logic is straightforward. Celo already processes 700K+ daily active transactions and powers stablecoin payments across emerging markets, but protocol revenue has not scaled with usage. These changes create a flywheel where more activity generates more sequencer revenue, more revenue means more CELO sent to the Community Fund, and a stronger Community Fund supports the ecosystem growth that drives further adoption.
Kraken Financial, Kraken's Wyoming-chartered bank, was granted a Federal Reserve master account, making it the first digital asset bank in U.S. history to gain direct access to the Federal Reserve's payment infrastructure. The milestone follows more than five years of regulatory engagement and positions Kraken as a directly connected financial institution, able to settle on Fedwire without relying on intermediary banks. Kraken sees this as the foundation for atomic settlement between fiat and crypto, institutional-grade cash management, and programmable financial products built within a fully regulated framework.
For the Superchain, this matters through Ink, Kraken's OP Stack L2. As Kraken builds out its regulated financial infrastructure, Ink sits at the intersection of that institutional activity and on-chain execution. A Kraken with direct Federal Reserve connectivity and its own L2 is a more consequential piece of financial infrastructure than one without it.
Celo Core Co. proposed transitioning Opera from a distribution partner to a full network stakeholder. The proposal requests a one-time transfer of 160 million CELO from the unreleased treasury to an Opera-controlled Safe, replacing the existing quarterly funding model with a three-year aligned partnership. The move reflects what the partnership has already built: MiniPay has grown to 13 million users across 66 geographies, with 700K+ daily active users and 4.23M+ weekly USDT users, more than any other chain.
The strategic rationale goes beyond tidying up the partnership structure. Opera brings access to hundreds of millions of users globally, including 60 million Opera Mini users with points ready to potentially convert to cash within MiniPay. As Celo expands into LATAM, Southeast Asia, and deeper into Sub-Saharan Africa, keeping Opera fully aligned is a critical part of the growth plan. This proposal is a bet that the biggest returns from that partnership are still ahead.
World and Coinbase introduced AgentKit, a developer toolkit that allows verified humans to delegate their World ID to AI agents. For the first time, developers can build agents that carry cryptographic proof of a unique human behind them. The toolkit is built as a complementary extension to the x402 v2 protocol, meaning any website already using x402 can enable proof of unique human verification alongside or instead of micropayments. The x402 ecosystem processed over 100 million payments in its first six months, and AgentKit adds the identity layer that's been missing.
The problem it solves is fundamental to the agentic web. Micropayments can slow down bad actors, but they cannot address Sybil dynamics. A single person can operate thousands of agents each paying individually, and a website has no way to tell them apart from a thousand different people. With proof of unique human, platforms can open their doors to productive agents while keeping coordinated swarms out, without compromising user privacy in the process.
March showed the Superchain maturing on multiple fronts at once. Institutional finance is arriving through regulated stablecoins and enterprise migrations. The technical foundation is getting stronger with ZK proving becoming the new standard. Individual chains are finding their lanes and growing fast. And entirely new use cases, like onchain AI agents, are picking the Superchain as their home. The numbers are moving in the right direction, and the stories behind them suggest that momentum is built to last.
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