Ondo Finance hires John Hoffman as Managing Director and Head of Product Portfolio

According to Whale Alert, the USDC Treasury destroyed 15869492.4 million USDCs on Ethereum, worth approximately $159 million.

Ripple and Bitso launch peso stablecoins on XRP Ledger to increase regulated Mexican peso liquidity and combine with RLUSD, aiming to facilitate cross-border payments between the United States and Mexico. （CoinDesk）

New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases. What to know : A new bill in the U.S. House of Representatives would stand up a federal task force that would be ready to coordinate and lead crypto theft investigations. The legislation — enlisting the involvement of several relevant federal agencies, including the FBI, DOJ, Treasury and Homeland Security — was introduced with bipartisan sponsorship, though it's potential path as a viable effort isn't yet clear.

[Main Password: The May PPI in the United States hit a new high since 2022, with a main player trading $200 million betting in this direction.] PPI exceeds expectations, $200M BTC moves hint at possible major action.

The 30 day moving average trading volume of US spot Bitcoin ETFs has decreased by 78% from $4.4 billion per day in October 2025 to $960 million per day currently. The trading volume of DAT company decreased by 49%, and the Bitcoin exposure trading volume of traditional financial channels also decreased. The speculative demand for Bitcoin in the traditional market has withdrawn. （glassnode）