Trump Supports Stablecoins, Coinbase Teams Up with Shopify, and Altcoins Are Heating Up!
Hey there, crypto fam!
We’ve got a LOT of major updates to break down today. From U.S. politics getting cozy with crypto, to massive partnerships, and big ETF moves — today’s crypto news is honestly wild. Whether you're a beginner or a seasoned investor, you’ll want to stick around for all the key takeaways.
Trump’s Bold Crypto Moves: The Genius Act & Stablecoins
- Let’s start at the top. Big political news first — Former President Donald Trump is going all in on crypto. He’s working with Congress to pass something called the Genius Act, which supports dollar-backed stablecoins (think USDC).
- Not only that, but he’s also promising clear and simple crypto rules that will help the U.S. become a global leader in Bitcoin and digital assets. In fact, the U.S. Senate has already passed the stablecoin bill, and it’s now headed to Trump’s desk to sign.
Trump’s exact words to the crypto community?
“Many have called me the first crypto president… We ended Biden’s war on crypto… We’re unleashing American innovation to lead the world.”
He even announced the creation of the U.S. Strategic Bitcoin Reserve and a Digital Asset Stockpile. Wild stuff!
Coinbase + Shopify = Major Win for Crypto Adoption
Coinbase has partnered with Shopify, one of the biggest e-commerce platforms on the planet, to allow crypto payments on all Shopify stores.
- Here’s what you need to know about Shopify:
- 675 million customers bought from Shopify stores in 20232.1 million people use it every day
- Over 5.5 million e-commerce stores are built on Shopify
- It’s used in 175 countries
- This means USDC stablecoins (on Ethereum’s Layer 2 "Base") can now be used at checkout through Shop Pay. Merchants will still get payouts in regular currency unless they choose to keep some USDC.
- The cool part? This isn’t just some crypto experiment — Stripe is also helping make sure the whole thing is smooth and easy for customers.
Ethereum is Booming
Let’s talk Ethereum. You’ve probably noticed it’s pumping lately. That’s thanks to huge institutional interest.
Ethereum ETFs have seen 18 days straight of inflows — $1.25 billion since May 16th alone!
Why? Because big players like BlackRock are all in. They’re working with the SEC to bring in:
- Ethereum staking
- Crypto options
- Tokenization (bringing real-world assets on-chain)
BlackRock even said they want to be the largest crypto asset manager by 2030. That’s a lot of money getting ready to flow into ETH and other coins.
Solana, XRP, DOGE ETFs Incoming
Even more exciting — spot ETFs for Solana, XRP, and Dogecoin are likely on the way.
Bloomberg says a Solana ETF might get approved in just 3 to 5 weeks. And there are active filings for XRP and DOGE ETFs as well.
These would make it easier for everyday investors to buy altcoins through regular brokerages, like they already do with Bitcoin or Ethereum.
This could spark a new altcoin season, led by Wall Street!
Big Companies Are Creating Altcoin Reserves
We’re also starting to see companies build reserves in altcoins — not just Bitcoin anymore!
- A company called Classover (K–2 education) just signed a $500M deal to create a Solana reserve
- .A Singapore company listed on NASDAQ is raising $500M to build an XRP treasury.
- They’ll even stake the XRP to earn rewards within the Ripple ecosystem.
- This is a huge sign that altcoins are gaining real, serious adoption.
Wall Street Eyes Chainlink, Onando Finance & Real-World Assets
- Looking beyond the big names, Chainlink and Onando Finance are also making waves.
- These are major players when it comes to real-world asset tokenization — think of real estate, bonds, and more moving onto the blockchain.
- JP Morgan and others are already testing cross-chain settlements using these platforms.
- This means Wall Street is actively building in the crypto space. Big money is coming.
Cardano & Algorand Still in the Game
Don’t count out Cardano or Algorand either.
- Cardano’s founder, Charles Hoskinson, says they can easily deploy $100M in ADA to boost their DeFi and stablecoin ecosystem.
- Algorand is positioning itself as the blockchain for apps that need:
- Instant finality (no waiting)
- 100% uptime (it’s never gone down!)
- Both networks are quietly building and preparing for the next wave.
C-Chain’s Surprise Growth in Gaming
- And then there’s the C Network (often overlooked).
- They just hit 28 million active wallets, with 1.9 million new ones last week alone!
- Gaming is driving their user growth, and they’re steadily climbing despite a recent price dip.
Altcoin Season Is Coming
- There’s no doubt — crypto is heating up fast.
- Whether it’s Bitcoin reserves, stablecoin bills, or ETFs for coins like Solana and XRP, it’s clear that Wall Street is backing this next bull run.
- So, stay updated, stay informed, and remember: you can make money in crypto even when prices go down, through trading, research, and smart positioning.