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Circle CEO: Stablecoins can skip yield, but need alternative reward systems On March 20, 2026, Circle CEO Jeremy Allaire @jerallaire noted the GENIUS Act prohibits stablecoin issuers from paying interest directly to users. The real debate is whether distributors can offer rewards. He believes that as stablecoins adopt an internet software architecture, traditional finance won't vanish but will face fierce, fair competition similar to the internet era.

CZ: I Doubted RWA and Stablecoins, Both Took Off Fast Binance founder Changpeng Zhao (CZ) @cz_binance said in a May 9, 2026 interview with Crypto In America that he was once skeptical of RWA and stablecoins. But RWA has grown quickly after emerging about a year and a half ago, while stablecoins, which he doubted 10 years ago, are now a $200 billion industry. CZ added that SpaceX shows mature technologies can still create new opportunities - and crypto is no different.

Source: sca.isr.umich.edu

US Consumer Sentiment Falls Near Historic Low Amid Rising Inflation Concerns US consumer sentiment fell to 44.8 in May, marking a third consecutive monthly decline and nearing the record low seen in June 2022, according to the University of Michigan. The survey showed 57% of consumers said high prices were hurting their personal finances. One-year inflation expectations rose from 4.7% to 4.8%, while long-term inflation expectations climbed from 3.5% to 3.9%.

Trader Linked to “10/10 Whale” Now Down $128M Overall: Bubblemaps Bubblemaps said trader Garrett Jin, linked onchain to the “10/10 whale,” would have been up over $70 million had he never traded ETH, but is now down $128 million overall after major ETH losses. The whale previously made about $100 million shorting BTC before reportedly losing over $200 million on ETH longs. A connected wallet recently deposited millions to Hyperliquid, bought $10 million in HYPE, and opened a $38 million short on ZEC. x.com/bubblemaps/sta…

Source: reuters.com/world/asia-pac…

Indonesia Blocks Polymarket Over Online Gambling Concerns Reuters reported that Indonesia has blocked prediction market platform Polymarket as part of its crackdown on online gambling. Authorities said Polymarket’s betting and speculation activities violate local law, days after the platform drew attention in Indonesia for a market predicting when President Prabowo Subianto would leave office.

Source: tether.io/news/tether-an…

Tether and Georgia Plan to Launch Lari-Backed Stablecoin GEL₮ Tether said it plans to launch GEL₮, a stablecoin backed by the Georgian lari, with support from the Georgian government. GEL₮ is designed to lower transaction costs, enable near-instant settlement, programmable payments, and digital value transfer. Georgia has advanced its digital asset and stablecoin regulatory framework, covering reserve management, redemption rights, issuer oversight, and AML compliance, while seeking substantive compatibility with emerging U.S. stablecoin rules, including the GENIUS Act.

@EricTrump Source: youtu.be/46yv9x-vttk?si…

Eric Trump: It Would Take a Catastrophe to Sell Bitcoin Trump's second son, Eric Trump @EricTrump , said in a May 12 interview with Bonnie Blockchain that he would not sell Bitcoin unless there were an extreme catastrophic event. In his view, Bitcoin is seeing mass adoption, and countries around the world are starting to follow the U.S. in embracing crypto. Eric said there are two races in Bitcoin: who can accumulate the most, and who can acquire the most assets at the lowest cost. He also praised his close friend of 25 years, Michael Saylor, as highly visionary in this regard.

Coinbase CEO: Financial System Needs Eight Upgrades Including RWA Tokenization Coinbase CEO Brian Armstrong said the financial system still needs to complete eight major upgrades, including RWA tokenization, 24/7 global trading, stablecoin payments, AI-driven financial services, self-custody wallets, and innovation-friendly regulation. He said the future financial system will become more global, more on-chain, and more automated. x.com/brian_armstron…

Source: sosovalue.com/assets/etf/us-…

Spot Bitcoin ETFs Saw $1.257B in Net Outflows Last Week From May 18 to May 22 (ET), spot Bitcoin ETFs recorded net outflows of $1.257 billion, spot Ethereum ETFs saw net outflows of $216 million, spot SOL ETFs recorded net inflows of $15.63 million, spot XRP ETFs saw net inflows of $22.04 million, and spot HYPE ETFs recorded net inflows of $72.38 million.

Vitalik said smart contract wallets and privacy protocols still rely on third-party relays for on-chain transaction inclusion, creating vulnerabilities and fragility. He said FOCIL, EIP-8141 and EIP-7701 aim to rebuild the public transaction mempool, reduce relay dependence, support privacy transactions and cryptographic signatures, and enable peer-to-peer direct inclusion.

Vitalik also disclosed that around 90% of his net worth remains in ETH, while the remaining roughly $40 million in on-chain fiat funds has been fully allocated to open-source research and technology projects.

Vitalik：EF Is Not Ethereum’s Center, but a Smaller Node With a Clear Mission Vitalik Buterin said the Ethereum Foundation is not the “center” of Ethereum, but one node with a clearly defined purpose. He said the EF will become smaller, more long-term-oriented and more opinionated, focusing its limited resources on Ethereum’s core priorities, including censorship resistance, capture resistance, openness, privacy and security, rather than broadly taking on ecosystem-building functions. He added that ETH is Ethereum’s most financially valuable product, but some of the work needed to support ETH as an asset falls outside the EF’s scope and should be carried by other organizations in the ecosystem. x.com/VitalikButerin…

Vitalik: Ethereum Foundation to Sell Less ETH Going Forward Ethereum co-founder Vitalik Buterin said in a post on X that the Ethereum Foundation has decided to use its remaining resources to prioritize long-term sustainability rather than expanding the breadth of its activities, which means the foundation will sell less ETH going forward. x.com/VitalikButerin…

BitMine on Russell 1000 Preliminary Inclusion List BitMine Chairman Thomas Lee said in a post on X that FTSE Russell has released its preliminary inclusion and deletion lists, with BitMine (BMNR) on the preliminary inclusion list for the large-cap Russell 1000. Its market cap is above the $5.7 billion minimum threshold for large-cap inclusion. Lee said many active managers only buy Russell 1000 constituents, and it is also estimated that passive index funds or ETFs typically hold 20% to 25% of a stock’s market cap. x.com/fundstrat/stat…

Strategy Buys Bonds, Not Bitcoin This Week; Holdings at 843,738 BTC Strategy Executive Chairman Michael Saylor said in a post on X that the company bought bonds, not Bitcoin, this week. The accompanying chart shows that as of May 24, 2026, Strategy’s Bitcoin reserve was valued at approximately $64.45 billion, with total holdings of 843,738 BTC and an average cost of $75,701; the company has made 110 purchases since August 10, 2020. x.com/saylor/status/…

Michael Saylor: Bitcoin's Growth Will Outpace the S&P 500 On May 22, 2026, Michael Saylor stated Bitcoin will outperform the S&P 500, expecting 30% growth. He believes converting Bitcoin capital gains into an 11.5% tax-deferred credit dividend offers yield beating traditional money markets. Saylor noted the credit market will absorb all organic Bitcoin supply from miners. Tokenization creates a free capital market, breaking banking monopolies and increasing asset velocity.