Report: Stablecoins have become payment infrastructure, and 90% of institutions are laying out their plans

Singapore based cryptocurrency investment firm QCP Capital has issued a statement stating that Bitcoin has demonstrated resilience against macroeconomic pressures. Despite Moody's downgrade of the US credit rating triggering safe haven sentiment in the stock market, BTC briefly broke through the $107000 mark on Sunday. The rise this time was mainly driven by the announcement by Japanese listed company Metaplanet to purchase $104 million worth of BTC and the continued increase in institutional holdings, but later fell back to the recent volatile range due to leveraged long positions closing. It is worth noting that the continuous net inflow of spot ETFs indicates stable institutional demand. During the same period, the cryptocurrency industry witnessed a landmark event: Coinbase will officially be included in the S&P 500 index tonight, which is seen as an important milestone in the mainstreaming of cryptocurrencies. This news closely follows its strategic acquisition of derivatives exchange Deribit, further strengthening the market's optimistic expectations. Data from the options market shows that despite the sideways fluctuations in spot prices, the premium of BTC call options remains in various term structures, reflecting the long-term bullish sentiment in the market.

According to the popularity ranking, MOODENG's popularity has increased by 120000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① MOODENG （$0.2362，-13.98%） ② ETH （$2408.11，-4.34%） ③ SOL （$162.20，-5.19%） ④ NXPC （$1.96，-14.41%） ⑤ PNUT （$0.3158，-12.69%） MOODENG's main funds have strong selling power, with a net outflow of $5.1897 million in 24 hours and a transaction volume of $4.779 billion in 24 hours, of which the main funds had a net outflow of $9.0954 million.

Odaily Planet Daily News: According to the latest data from RWA.xyz, as of May 18, 2025, the assets of BlackRock BUIDL Fund reached approximately $2.88 billion, of which Ethereum ecosystem assets amounted to $2.68 billion, accounting for over 95%. The remaining assets are distributed in small amounts on chains such as Aptos and Avalanche, and Ethereum continues to dominate the RWA field.

According to Cryptonews, the German financial regulatory agency BaFin has issued a complete Crypto Asset Market (MiCA) license to Trade Republic, a large European fintech company. This license enables Trade Republic to provide cryptocurrency custody services to 4 million customers in its 17 markets, as well as execute or transmit customer orders, provide transfer services, and conduct almost all cryptocurrency business in 30 European Economic Area (EEA) countries. Germany is at the forefront of the European crypto industry and has granted MiCA licenses to 9 crypto asset service providers, accounting for 36% of the first 25 licenses in the EU. Due to the potential loss of qualifications for European registered encryption companies that have not obtained licenses by mid-2025, many companies in the industry are accelerating their applications.

On May 19th, according to Onchain Lens monitoring, a new address proposed 500 BTC from Binance, worth approximately 51.58 million US dollars.