Deeper changes and insights beyond the spotlight.

There is a preliminary consensus on multiple LRC20 tokens, and the early ecosystem already has a sense of BRC20.

In general, the PT leveraged mining strategy of AAVE+Pendle+Ethena is not a risk-free arbitrage strategy, in which the discount rate risk of PT assets still exists. Therefore, participating users need to objectively evaluate, control the leverage ratio, and avoid liquidation.

Stablecoin legislation is used as a model for successful U.S. crypto regulation. But in a larger narrative, it is the opening of a dollar extension strategy.

Concerns will soon be cleared, standards will be mastered, and the era of great gold inflows seems to be imminent.

Argentine President Milley closes investigation into Libra scandal.

The founder participated in the formulation of the GENIUS Act, and the price of FXS doubled within the month.

The passage of the GENIUS Act provides a new path for the continuation of the US dollar hegemony, while promoting the overall prosperity of the crypto ecosystem.

With good news coming, the market rebounded sharply.

Asset management giant VanEck launched the U.S. Treasury tokenized fund VBILL; Gnosis spent $14.9 million to acquire HQ.xyz to accelerate its entry into the Asian market.

Becoming a fiat stablecoin aligned with Hyperliquid

Several Federal Reserve officials will give speeches intensively.

"It's easier to get things done if you have connections in the government", this saying is particularly applicable to the Trump family's crypto projects. According to incomplete statistics, the stablecoin USD1 has rapidly expanded and integrated more than 10 protocols or applications. Binance also received USD 2 billion in financing from MGX through USD1.

Although BTC has risen by about $20,000 (about 25%), its upward momentum is not exhausted and the trend is expected to continue until the summer.

Although USDS is designed to attract sophisticated investors, its user base growth is unclear and the protocol's profitability is weighed down by high interest rates.

On May 13, the market value of stablecoins reached 242.821 billion U.S. dollars, and Tether's USDT market value exceeded 150 billion U.S. dollars for the first time, accounting for 62% of the market value. In recent months, there have been continuous developments about stablecoins in the crypto market.