May, 2025

May, 2025

There is more USDT in circulation than ever as Tether supply crosses $150 billion mark
The company has issued over $73 billion worth of USDT tokens on Tron, the first time it surpassed the amount circulated on Ethereum. ...

Trump memecoin gala dinner winners locked in with promise of background checks
Winners that maintain their holdings up until the gala dinner will win a Trump Diamond Hand limited edition NFT....

Anchorage Digital acquires Mountain Protocol as stablecoin issuer sunsets USDM
The acquisition coincides with Mountain Protocol’s decision to sunset USDM, which has seen its supply constrict to $50 million....

Frank DeGods announces retirement from popular y00ts and DeGods NFT projects
The creator of the DeGods and y00ts NFT series said he is "not ‘on the run’" while announcing his retirement....

The Daily: Arthur Hayes calls to ‘buy everything’ as US-China tensions ease, Trump-linked bitcoin miner eyes Nasdaq debut, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Trump’s crypto influence scrutinized as stablecoin legislation stalls in Congress
Passing pro-crypto legislation which supports the long-term growth of digital assets could solidify the president's legacy, if he can get it done....

SEC Chair Paul Atkins unveils his vision for crypto regulation as the agency charts a friendlier approach to digital assets
New SEC Chair Paul Atkins plans to assume a "new day" at the agency for cryptocurrency regulation and outlined details on Monday. ...

Paradigm-backed Exponential launches DeFi platform ‘YO’ to optimize yield
The company aims to offer users a simplified platform which "deploys capital across chains to wherever the best opportunities" are....

Global Dollar Network, founded by Paxos, Robinhood and others, adds 19 new members to grow adoption of its Solana-based USDG stablecoin
Global Dollar Network has added 19 new partners as it pushes to increase the adoption of its Solana-based USDG stablecoin....

David Bailey’s Nakamoto to merge with KindlyMD, raise $710 million to start bitcoin treasury strategy
Nakamoto Holdings and KindlyMD have entered into a merger agreement to start a bitcoin treasury strategy, with David Bailey as CEO....

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