After years of regulatory pressure, Ripple’s CEO has affirmed that US President Donald Trump and voters have beaten the last administration’s broader, “nonsensical crackdown on the crypto industry.” Related Reading: Mastercard Secures NYDFS BitLicense To Advance Stablecoin, Tokenized-Deposit Strategy US Anti-Crypto Era Is Over? On Thursday, Ripple CEO Brad Garlinghouse criticized the previous US administration’s […]
Increased military actions risk destabilizing regional peace efforts, complicating US diplomatic roles and reducing prospects for conflict resolution.
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The post US Seizes $1B in Iranian Crypto Amid Economic Pressure Campaign appeared on BitcoinEthereumNews.com.
Peter Zhang
May 30, 2026 08:47
The US Treasury confiscates $1B in Iranian crypto assets as part of ‘Operation Economic Fury,’ escalating financial measures against Tehran.
The United States has seized nearly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed on Friday at the Reagan National Economic Forum. This marks a significant escalation in the financial pressure campaign against Tehran, dubbed ‘Operation Economic Fury.’ Bessent detailed that U.S. authorities had “outright grabbed the wallets,” suggesting that some Iranian users may still be unaware their funds are gone. “Some of them may be typing in right now and not have realized that their wallet had been grabbed,” he added. Launched in March 2025, Operation Economic Fury has targeted Iranian financial resources across multiple avenues, including cryptocurrency seiz
The post Stablecoin Count Nears 400 as SoFi Deploys Bank-Grade Infrastructure to Match Surging Issuance appeared on BitcoinEthereumNews.com.
TLDR: Stablecoins on CoinGecko grew from under 50 in 2018 to nearly 400 in 2025, with issuance still rising fast. SoFiUSD became the first bank-issued stablecoin available inside a U.S. consumer banking app on May 27. SoFi’s Galileo platform serves 160 million accounts, giving SoFiUSD institutional distribution beyond its own users. SoFiUSD is fully backed by Federal Reserve cash, setting it apart from mixed-reserve crypto-native stablecoin issuers. Stablecoins listed on CoinGecko have grown from under 50 in 2018 to nearly 400 in 2025, with issuance still accelerating. That volume of capital requires disciplined credit infrastructure to match it. SoFi Technologies made a direct move in that direction on May 27, launching SoFiUSD to all 14.7 million banking app members. The token redeems 1:1 for U.S. dollars and runs on Ethereum and Solana. Source:
The US's AI chip sales block to China could shift global AI power dynamics, impacting semiconductor markets and decentralized GPU networks.
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The post Stablecoin Scale Shock: $322B Reshapes Crypto Markets appeared on BitcoinEthereumNews.com.
Crypto now runs on a $322 billion base layer of on-chain dollars. That scale is not just a headline; it rewires how exchanges quote prices, how brokers settle, how DeFi routes liquidity, and how regulators think about systemic risk. The market’s core unit of account is, increasingly, a stablecoin. In late May, aggregated trackers showed stablecoin capitalization at a fresh record near $322B, a sum that rivals the foreign-exchange reserves of most countries, underscoring how large the “crypto dollar” market has become (CryptoBriefing (citing DefiLlama / CoinDesk)). A crucial nuance is concentration. Public on‑chain data in mid‑May indicated Tether’s USDT at roughly $189.63B (58.8%) and Circle’s USDC near $78.96B (24.5%), together ~83.3% of supply (Analysis Atlas). When so much liquidity depends on so few issuers, the entire market’s microstructure adapts around their policies, reserves, a
The post USDT Market Cap Explained as $1.2B Disappears in Sudden Redemption Wave appeared on BitcoinEthereumNews.com.
TLDR: USDT supply fell as large redemption waves removed over $1.2B from circulation in 24 hours. Market cap changes reflect minting and burning cycles tied to stablecoin demand flows data. Chain swaps and treasury transfers can distort short-term USDT supply readings across networks. Liquidity trends in stablecoin markets often act as early indicators of crypto capital rotation. $USDT minting and redemption flows drive stablecoin liquidity across exchanges and institutional desks, with recent data showing a sharp contraction following large-scale redemption activity in short-term markets. Liquidity Rotation and $1.2B Supply Contraction Signal The recent $1.2B reduction in USDT Market Cap reflects a concentrated redemption wave across major trading platforms. This movement indicates that large holders converted stablecoins into fiat, reducing circulating liquidity acros
The post SoFiUSD stablecoin launch: SoFi expands bank-backed token appeared on BitcoinEthereumNews.com.
Stablecoin growth has been fast, messy, and hard to ignore. The SoFiUSD stablecoin launch lands in the middle of that shift, as SoFi Technologies pushes a bank-backed token into a market long dominated by crypto-native issuers. The timing matters. CoinGecko stablecoin listings grew from under 50 in 2018 to nearly 400 in 2025, a sharp rise that shows how quickly dollar-linked digital assets have spread across crypto and payments. More tokens mean more capital moving through the system, and that also puts more pressure on the plumbing behind it. SoFi is betting that the next phase of the market will reward regulated infrastructure, not just speed. On May 27, the company launched SoFiUSD to all 14.7 million banking app members, giving a large retail user base direct access to a new bank-issued stablecoin built for consumer use and settlement. Stablecoin issuance keeps expanding The stab
Strategy Inc.'s potential Bitcoin sale could reshape market dynamics, influencing Bitcoin's role as a corporate asset and affecting liquidity.
The post Strategy CEO signals potential Bitcoin sale for shareholder value shift appeared first on Crypto Briefing.