ChainCatcher news, a report released by Artemis in collaboration with Dragonfly and Castle Island Ventures points out that in the stablecoin payment market, Tether (USDT) accounts for 90% of the trading volume, with Tron being the preferred settlement network, accounting for about 60%. By February 2025, the annualized scale of payment data will reach $72.3 billion. Although Circle's USDC is in a catch-up mode and is also eating into market share, it is far behind USDT in payment scenarios, which is particularly widely regarded as a dollar substitute in emerging markets such as Argentina and Brazil.

ChainCatcher news, according to Jinshi reports, White House National Economic Council Director Hassett stated that the ruling on tariffs will not affect the ongoing trade agreements. There is confidence that the appeal regarding the tariff ruling will be successful. More trade agreements are expected in the coming weeks.

ChainCatcher news, according to Jinshi reports, White House National Economic Council Director Hassett stated that the Trump administration has multiple options regarding tariffs.

ChainCatcher news, according to Jinshi reports, White House National Economic Council Director Hassett stated that the judge's ruling on tariffs will be overturned.

ChainCatcher news, according to CoinDesk, the U.S. International Trade Court ruled on May 29 that key tariff measures implemented during the Trump administration were illegal, leading to significant fluctuations in the U.S. Treasury market. The 30-year Treasury yield broke above 5%, while the 10-year yield rose to 4.50%, an increase of 10 basis points from the previous two days. The court found that the president overstepped his authority by using economic emergency powers to impose broad trade tariffs, but this ruling does not affect tariffs on specific industries such as steel. The U.S. government stated that it would appeal.Amid ongoing tensions in U.S.-China relations, the U.S. has recently taken measures to restrict chip technology exports and tighten student visa regulations for Chinese nationals. The U.S. Dollar Index (DXY) rose from 98 to 100, while Bitcoin ($108,282) and gold prices remained stable.

ChainCatcher news, according to official sources, Plume Network's co-founder Eugene unfortunately passed away earlier this week.The Plume team stated that Eugene was a talented and inquisitive individual who dedicated a lot of effort to the project. The team is currently supporting each other through this difficult time. Plume expressed its commitment to continue advancing the technologies that Eugene was involved in developing, promoting on-chain innovation and development.

ChainCatcher news, according to Jinshi Data reports, sources revealed that Musk did not have a formal meeting with U.S. President Trump today before announcing his resignation.

ChainCatcher news, according to Jinshi reports, U.S. White House officials stated that the news of Musk leaving the government is true, and his departure process will begin tonight local time.

ChainCatcher news, according to Decrypt, Bilal Bin Saqib, Special Assistant to the Prime Minister and Advisor on Blockchain and Cryptocurrency Affairs, announced at the "Bitcoin 2025" conference that Pakistan is establishing a national-level Bitcoin strategic reserve, stating, "We will hold these Bitcoins and never sell them."Bin Saqib mentioned that the plan is inspired by the U.S. establishing a Bitcoin reserve and added that the Pakistani government also announced this week that it will allocate 2,000 megawatts of surplus electricity to Bitcoin mining and AI data centers to promote revenue generation, employment, and attract foreign investment. Bin Saqib is also an advisor to the Trump cryptocurrency project World Liberty Financial.

ChainCatcher news, according to Jin10, U.S. Vice President Vance stated during his speech at the Bitcoin 2025 conference that he will prioritize eliminating the previous administration's rules, red tape, and legal battles against cryptocurrencies.

ChainCatcher news, reported by PR Newswire, Bitcoin-native infrastructure BlockSpaces announced the completion of a $2 million strategic round of financing, led by Axiom, with participation from Leadout Capital, Sand Harbor Capital, as well as Lisa Hough of Eberly Energy Ventures and Bob Burnett of Barefoot Mining.As of now, the company's total financing amount has reached $10 million, and the new funds are intended to support the launch of its institutional Bitcoin-native collateral and risk management platform ARCC.

ChainCatcher news, Singapore-based crypto company Amber International, supported by Temasek, announced a record high in revenue and gross profit for its first quarter ending March 31, 2025.The company reported a revenue of $14.9 million and a gross profit of $11 million for the quarter. The company attributed this growth to its merger with Nasdaq-listed online marketing service provider iClick, completed in March.

ChainCatcher news, Bithumb announced that the trading warning status of Synthetix (SNX) has been extended, while the trading support for Assemble AI (ASM) will be terminated. DAXA member companies may take measures to protect users, such as urging caution, designating trading warning projects, and terminating trading support.Synthetix (SNX): Trading warning status extended until the 4th week of June (June 23 to June 27) for stricter review.Assemble AI (ASM): Trading support will be terminated on June 30, 2025, at 15:00, and withdrawal support will be terminated on July 30, 2025, at 15:00.Bithumb reminds users to complete the withdrawal of relevant virtual assets before the withdrawal support ends and to be aware that technical support may cease after the withdrawal support ends.

ChainCatcher news, according to @WatcherGuru, David Sacks, the White House's cryptocurrency and artificial intelligence director and "crypto czar," recently publicly criticized Massachusetts Senator Elizabeth Warren's anti-cryptocurrency policies.Sacks stated, "Warren has a pathological hatred for the crypto community, and her policies intend to drive the crypto industry out of the United States." This remark stems from Warren's long-standing push for strict regulations on cryptocurrencies.

ChainCatcher news, Bitcoin smart multi-signature wallet operator Asigna announced the completion of a $3 million financing round, led by Hivemind Capital and Tykhe Block Ventures, with participation from Sats Ventures, Trust Machines, and others.It is reported that the newly launched version will allow users to interact directly with Bitcoin applications through embedded applications, support direct exchange between Bitcoin and assets, and provide connection and multi-signature SDK, along with new features such as sub-accounts, governance, and privacy mode.

ChainCatcher news, according to CoinDesk, Wyoming Republican Senator Cynthia Lummis revealed at the Bitcoin 2025 conference that the GENIUS stablecoin bill has entered the final review stage in the Senate. The bill passed a procedural vote last week with over 60 votes, but faced setbacks due to opposition from Democratic leader Elizabeth Warren and some Republicans. If ultimately passed, this would be the first successful piece of legislation from the Senate Banking Committee in eight years.Lummis and her co-sponsor Kirsten Gillibrand (Democrat) have conducted extensive behind-the-scenes negotiations. Tennessee Senator Bill Hagerty pointed out that this would be the most bipartisan bill from the committee in over a decade, but criticized Warren for deliberately delaying the legislative process. Lummis admitted that the Senate has lost its "legislative momentum" and hopes to draw on the experience of the House's passage of the FIT21 bill last year to advance subsequent cryptocurrency market regulatory legislation.

ChainCatcher news, according to Jinshi reports, U.S. National Economic Council Director Hassett stated that tariffs on certain countries may be reduced to 10% or lower. The reduction in tariffs will apply to countries that provide good conditions.

ChainCatcher news, according to FinanceFeeds, Digital Asset has appointed Jonathan Isaac as Chief Marketing Officer, responsible for enhancing the global visibility of the Canton Network blockchain platform.Isaac previously served as CMO of CoinMarketCap, successfully leading the global rebranding of the cryptocurrency information platform, and has held the position of marketing director at Gemini. He has over 20 years of experience in brand transformation and product marketing, having worked for global brands such as Sony and Coca-Cola.