Trump 1: Currently reaching some agreements with other countries that were once thought impossible (Subsequently, Bank of Canada Governor Macklem stated that the urgent task is to reach a trade agreement with the US. Perhaps Canada is among them.)
2: Changing stance on trade issues between Nippon Steel and US Steel (On the 23rd, Trump stated that US Steel and Japan's Nippon Steel would reach a 'planned partnership', with Nippon Steel investing in US Steel, while US Steel would continue to 'stay in America'. This partnership will create at least 70,000 jobs and add $14 billion to the US economy, with most investments expected to be completed within 14 months.)
Key Information:
1 JPMorgan completes its first settlement of tokenized US government bonds on a public blockchain (the transaction utilizes Ondo Finance's tokenized US government bonds, connecting JPMorgan's internal private system to the public Ethereum network via Chainlink's Cross-Chain Interoperability Protocol (CCIP). This marks the beginning of traditional financial institutions processing real-world assets (RWA) on public blockchains.)
Comment: In June, besides concerns about EU tariffs, the most worrying issue is
The issue of government bonds, over 6 trillion US government bonds are maturing in June, is the settlement of tokenized government bonds a positive signal?
2 US Treasury Secretary: Stablecoins are expected to bring $2 trillion in government bond demand (this is short-term demand, far exceeding the current $300 billion. He first emphasized the Trump administration's firm support for cryptocurrency innovation, then criticized the previous administration's destructive regulatory stance. At the same time, he promised to encourage sustainable innovation through a balanced improved regulatory framework.)
Details: Stablecoins like Tether (USDT) are typically backed 1:1 by fiat currencies like the US dollar and hold reserves in liquid assets (including government bonds). As these tokens gain broader adoption, their issuers are becoming significant buyers of US debt instruments.
At the same time, the US Senate is preparing a stablecoin regulatory bill, which is expected to provide legal clarity and drive institutional adoption. Market rumors suggest that Fidelity and JPMorgan may soon issue their own stablecoins.
3, SkyBridge founder: Solana will replace banks for IPOs (At the Solana Accelerate 2025 conference, the future direction was detailed, and it was stated that on-chain IPOs do not require bank accounts, only a wallet, etc. This represents a potential future way of capital development. Overall, it is considered a positive piece of news, significant yet not significant.)
Additional News:
1 US chain restaurant Steak'n Shake has recently begun accepting Bitcoin as a payment method (the application of virtual currencies is becoming more widespread, this is just a trial scenario but there are tax risks, as consumers using Bitcoin to purchase goods must calculate the difference between the purchase price of Bitcoin and its market value at the time of use as capital gains or losses, and pay the corresponding taxes to the IRS. Experts suggest consumers keep all transaction records and choose a consistent calculation method for tax reporting. Using a stablecoin pegged 1:1 to the US dollar to purchase goods would not incur tax risks.)
2 Bitcoin mining company Riot Platforms will expand its credit line with Coinbase to $200 million.
3 Mexico's third-richest person Ricardo Salinas will release (Bitcoin Enlightenment) on May 27.
4, Peter Schiff questions the value of Bitcoin, believing that central banks choose gold over Bitcoin.
