CoinDesk reports on May 12: 1. The circulating supply of TRC20-USDT has surpassed 89.3 billion tokens, reaching a new all-time high. 2. Morgan Stanley has initiated a price war on E*TRADE for cryptocurrency trading, with fees as low as 5 basis points. 3. BlackRock’s Bitcoin ETF recorded a net outflow of 91 BTC in a single day, amounting to approximately $7.45 million. 4. Griff Green: Blockchain operates on social consensus. 5. ConsenSys: Calls for a safe harbor framework for self-custodied crypto assets. 6. Arthur Hayes: Bitcoin has bottomed near $60,000; a return to $126,000 is inevitable. 7. Sumsub CEO: AI-driven fraud is outpacing the surge in crypto compliance demands. 8. Trump has postponed plans to reduce import tariffs on beef. 9. The Trump administration has requested the court to suspend enforcement of the 10% global tariff ruling. 10. Schumer: Trump has dragged the U.S. into an illegal war; Democrats are pushing for troop withdrawal.
TRC20-USDT supply exceeds 8.93 billion tokens, reaching an all-time high
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Summary
TRC20-USDT supply reached 8.93 billion tokens, a new all-time high, according to on-chain data. The Fear & Greed Index remains elevated as crypto markets respond to broader financial shifts. Morgan Stanley triggered a price war on E*TRADE, while Blackstone reported Bitcoin ETF outflows. Griff Green and Arthur Hayes commented on the evolving market dynamics.
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