Invest ideasNews
24 May 2026, 08:54
Ethereum Stablecoin Marketcap Surges Over $163 Billion
Ethereum’s stablecoin market capitalization has soared over $164 billion, thanks to growing adoption and regulatory developments. Despite the surge in the stablecoin’s market cap, Ethereum is still facing a revenue-related issue after the Dencun upgrade. The approval of the GENIUS Act in 2025 and the progress in the CLARITY Act have boosted the confidence of major financial institutions and banks to integrate digital assets into their existing infrastructure. Amid the positive regulatory developments and growing adoption of stablecoins by traditional players, Ethereum has witnessed an impressive jump in the stablecoin market capitalization, soaring over $164 billion on May 23, 2026. (Source: DeFiLlama ) The staggering market capitalization of stablecoin on Ethereum makes it the biggest blockchain network for stablecoin, as it holds more than 50% market share of the total market capitalization of $323 billion. This makes it the biggest settlement layer for dollar-pegged stablecoins by outperforming Tron and other chains. Ethereum-based Stablecoins See Growth in Adoption After Approval of GENIUS Act The surge in the stablecoin market cap is coming after its growing integration into the traditional finance sector, as it provides numerous benefits. In the last few months, big institutions have selected the Ethereum network for their operations because of its strong security, liquidity, etc. Major stablecoin issuers like Tether for USDT and Circle for USDC are using Ethereum as their main network. USDT is the biggest USD-pegged stablecoin right now, which has around $189 billion in market capitalization as it is being used for various purposes such as payments, cross-border remittances, decentralized finance, and tokenized real-world assets. Apart from its adoption, the major developments in the regulatory framework for digital assets have played a major role in boosting the confidence of financial institutions. Last year, U.S. President Donald Trump officially signed the GENIUS Act and turned it into the first federal law for the stablecoin market. This moment has triggered an excitement in the digital asset industry, and many major financial institutions from the traditional finance world have started rushing to integrate digital assets into their existing infrastructure. Major payment companies such as Visa, Stripe, through its Bridge acquisition, and PayPal have also integrated stablecoin to maintain their dominance in the digital payment ecosystem by adopting new generation innovations. The majority of these entities are using Ethereum as a main blockchain network. For example, PayPal’s native stablecoin, which is known as PYUSD, is available on Ethereum along with other blockchains. Similarly, Coinbase launched its stablecoin as a service player in 2025, which also allows users to integrate Ethereum. This platform allows users to create and issue their own branded stablecoins that are backed by USDC. After the launch, there are many partners who have joined this project, including Flipcash. Amid the boom in the stablecoin market, the banking sector has also expressed its interest in adopting the digital dollars available on the blockchain. Financial giants like BlackRock are rapidly developing infrastructure to integrate stablecoins to settle transactions. In a similar trend, JPMorgan and other banks are also doing their experiments with deposit tokens and on-chain treasury solutions. Ethereum Network Sees Growth, But Revenue Stalls The surge in the stablecoin market cap on the blockchain network comes after it recorded its highest number of transactions in a single day in April. (Source: Etherscan ) According to on-chain data on Etherscan , the network has recorded around 3.6 million transactions on April 28, creating a new all-time high in the history of the Ethereum network. This large number of transactions has helped the network to record a high of over 72 million transactions in the entire month. The surge in network activity comes from the growing stablecoin and DeFi activities. Despite the growth in network activities, Ethereum is also facing issues in order to generate efficient revenue. The fees paid by the users on the network and the burning of ETH tokens have dropped after the Dencun upgrade. Recently, the former Ethereum Foundation researcher, Dankrad Feist, has proposed a new organization “that’s economically aligned with Ethereum.” Despite the growth in the network, the Ethereum price is still consolidating between a tight range of around $2,100 to $2,250. At the time of writing this, the ETH price is hovering around $2,117 with a market capitalization of $255 billion, according to CoinMarketCap . Also Read: SEC Delays Innovation Exemption for Tokenized Stocks
24 May 2026, 08:05
Trump says Iran peace deal is close, but major gaps remain
Iran is now facing Donald Trump’s sixth public run at a ceasefire deal, and the latest version is also being sold as close, but not finished. Trump said on Truth Social that a deal involving the United States, Iran, and several regional governments had been “largely negotiated.” Trump said the final parts were still being discussed and that an announcement would come soon. The big item he named was the Strait of Hormuz, which he said would be opened as part of the deal. Trump said he made the post from the Oval Office after a call with Saudi Crown Prince Mohammed bin Salman Al Saud, UAE President Mohammed bin Zayed Al Nahyan, Qatari Emir Tamim bin Hamad Al Thani, Qatari Prime Minister Mohammed bin Abdulrahman Al Thani, Qatari Minister Ali al-Thawadi, Pakistani Field Marshal Syed Asim Munir Ahmed Shah, Turkish President Recep Tayyip Erdoğan, Egyptian President Abdel Fattah El-Sisi, Jordan’s King Abdullah II, and Bahrain’s King Hamad bin Isa Al Khalifa. “Separately, I had a call with Prime Minister Bibi Netanyahu, of Israel, which, likewise, went very well. Final aspects and details of the Deal are currently being discussed, and will be announced shortly. In addition to many other elements of the Agreement, the Strait of Hormuz will be opened,” said Trump. Trump says regional leaders are trying to close the final Iran deal terms The war started on February 28, when the US and Israel launched strikes on Iran without backing from Congress and without clear evidence of whatever their motive really even is. Tehran then fired back at Israel and US-linked Gulf states, dragging the Middle East into a wider crisis and giving markets another headache they did not need. A ceasefire with Iran came in early April, and talks between Washington and Tehran have continued since then over a longer peace deal. This is a war that Trump started unprovoked. A war that has plunged the global economy, and spiked gas costs for Americans, while crashing his approval ratings and losing him some of his staunchest supporters. Iran says talks are closer but still stuck on major points Iranian foreign ministry spokesman Esmaeil Baqaei gave a more careful read than Trump when he told state television on Saturday night that US and Iranian positions had become closer over the past week. But he also said that did not mean the hard issues had been solved, even though Washington has been making “contradictory statements,” which is diplomatic language for, “Pick a lane.” Iran’s Deputy Foreign Minister for Legal and International Affairs Dr. Kazem Gharibabadi also attacked Western governments after the Eleventh Review Conference of the Treaty on the Non-Proliferation of Nuclear Weapons ended at the United Nations in New York with no final document. Kazem said Iran’s peaceful nuclear sites, which he said were under safeguards, had been attacked twice over the past year by the United States and Israel. He argued that those attacks should have been the main issue at the conference. Instead, he said Western governments tried to blame Iran over safeguards duties and UN Security Council resolutions. Kazem said some governments tried to turn the UN process into a political tool and “swap the roles of aggressor and victim.” He also said Iran blocked those countries from getting the language they wanted into the final document. His position was if the nuclear system is going to survive, he said it has to be based on equal security, equal sovereignty, and equal accountability, not special treatment for nuclear powers. Pakistani Prime Minister Shehbaz Sharif said his call with Trump was “very useful and productive.” Shehbaz also said Pakistan hopes to host the next round of talks soon. If you're reading this, you’re already ahead. Stay there with our newsletter .
24 May 2026, 06:30
Is Crypto a Security? The 2026 Guide to US Digital Asset Law (Part One)
This research report originates from a multi-part series titled Law and Ledger, which examines one of the most important and unsettled questions in digital-asset law: when, and under what circumstances, crypto falls within the reach of U.S. securities regulation. Written by: Michael Handelsman and Alex Forehand for Kelman.Law This research report contains five additional sections.
24 May 2026, 05:30
This Week in Crypto Law (May 16, 2026)
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. We’re back after a week off. This week in
24 May 2026, 03:30
Tokenized Asset Market Tops $34 Billion as Treasurys Lead 10x Surge
The tokenized asset market topped $34 billion as U.S. Treasury products led a rapid expansion across blockchain-based finance. Market data showed the sector has grown more than tenfold from mid-2024 levels, while institutional adoption broadened across digital asset infrastructure and settlement systems. Tokenized Treasury Products Drive Rapid Market Expansion The tokenized asset market has surpassed
24 May 2026, 02:30
FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers
The FDIC advanced a proposed rule that would set Bank Secrecy Act and sanctions compliance standards for bank-linked stablecoin issuers. The measure would apply to FDIC-supervised stablecoin issuers and include anti-money laundering oversight, Treasury Department consultation, and enforcement provisions. FDIC Advances Stablecoin Compliance Rule Under GENIUS Act The Federal Deposit Insurance Corporation (FDIC) announced on
