90% of Peru’s $28 Billion Crypto Market Is Now Driven by Stablecoins

Key Takeaways Binance’s Daniel Acosta notes 90% of Peru’s $28B annual crypto volume now involves dollar-pegged stablecoins. Lemon reports Peru hit the top 6 crypto economies in 2025, with stablecoins cutting remittance costs significantly. Next, Acosta predicts institutions will seamlessly adopt crypto, offering a new alternative to legacy banks. Stablecoins Dominate 90% of Peru’s Crypto …

Fed Survey Shows AI Concerns Rising Across Markets, Credit and Jobs

Key Takeaways Artificial intelligence ranked among the most-cited risks in the Fed’s latest financial stability survey. Debt-funded AI spending could increase leverage across companies, lenders, and funding markets. Private credit and labor pressures may widen AI’s impact if market expectations weaken. AI Moves Into the Fed’s Financial Stability Risk Debate The Federal Reserve released its …

Ripple’s RLUSD Grant Results Show How $25M Reached US Classrooms

Key Takeaways Ripple delivered most education funding in RLUSD, supporting classrooms through major nonprofit partnerships. DonorsChoose funded 48,108 projects, with most serving schools in low-income communities. Teach For America expanded stipends, tutoring, and blockchain education for students nationwide. Ripple’s RLUSD Grant Shows One-Year Stablecoin Impact Ripple published an insight on May 7 detailing how its …

Robert Kiyosaki Warns Millions of Boomers Could Be Jobless and Homeless This Year

Key Takeaways Kiyosaki warns millions of boomers could face unemployment, financial distress, and even homelessness in 2026. Financial education remained central, with two of his books cited as preparation tools. Bitcoin, ethereum, gold, and silver were presented as long-term defensive financial anchors. Robert Kiyosaki Warns Boomers Face Financial Strain in 2026 Robert Kiyosaki renewed his …

Bitcoin Premium in South Korea Hits 2% for First Time Since Pre-War Market Shock

Key Takeaways The Cryptoquant Korea Premium Index (KPI) hit 1.98% on May 7 as BTC topped $80K across South Korean exchanges. Upbit and Bithumb saw BTC swing from -2.27% to premiums amid 2026 war-driven volatility. Samsung Electronics and SK Hynix AI demand may keep Cryptoquant KPI swings elevated in 2026. South Korea’s Kimchi Premium Returns …

Evernorth Says XRP’s Real Story Is Institutional Plumbing

Key Takeaways Evernorth says XRP’s institutional story depends on infrastructure for regulated capital. Recent XRPL upgrades added compliance controls, restricted environments, and settlement tools. Future lending and privacy features could expand XRP’s role beyond speculation. XRP’s Institutional Case Depends on Infrastructure, Evernorth Says Evernorth, an XRP treasury company building its strategy around long-term participation in …

US Credit Card Debt Hits Record $1.33 Trillion as Savings Rate Crumbles

Key Takeaways U.S. credit card debt hit a record $1.33T in May 2026, the highest since the Fed began tracking. The personal savings rate fell to 4.0% in Q1 2026 as average credit card APR reached 21%. Bitcoin advocates cite the record as evidence for BTC’s fixed-supply, hard-money thesis. Hard Money Advocates Take Note Total …

CME Group Targets June 1 Launch for Bitcoin Volatility Futures Pending CFTC Review

Key Takeaways CME Group plans to launch Bitcoin Volatility futures (BVI) on June 1, 2026, pending CFTC approval. CME’s $500-per-contract BVI product gives institutions a regulated tool to trade bitcoin’s implied volatility directly. Giovanni Vicioso says traders will gain a new risk management layer; CF Benchmarks CEO Sui Chung calls it a maturation milestone. CME’s …

Bitcoin Mining Pool Giants Foundry, Antpool and F2pool Signal Stratum V2 Shift

Key Takeaways Antpool, F2pool, Foundry, and 4 others joined the Stratum V2 Working Group on May 7, 2026. Stratum V2 offers miners up to 7.4% higher profitability through lower latency and better fee capture. Braiins and Spiral founded the Working Group in 2022, now entering a new deployment phase in 2026. 7 Bitcoin Mining Pools …

Coinbase Says Outage ‘Unacceptable’ as CEO Weighs Speed-Resilience Tradeoffs

Key Takeaways Coinbase CEO Brian Armstrong called the AWS-linked exchange outage unacceptable for customers. Trading, account access, and customer account information were disrupted across several Coinbase exchange services. Coinbase plans to revisit resilience tradeoffs to reduce future outage duration and customer impact. Armstrong Says Resilience Tradeoffs Will Be Reviewed Crypto exchange Coinbase (Nasdaq: COIN) has …

Ethereum’s DeFi TVL Dominance Drops to 53%, Approaching Multi-Year Low

Key Takeaways Ethereum’s DeFi TVL share fell from 63.5% to 53% between January 2025 and May 2026. Defillama data shows Ethereum holds around $45B TVL, with Solana and BNB Chain gaining ground. Layer-2 chains like Base (5.31% TVL share) are reshaping Ethereum’s multichain footprint. Rival Chains Close the Gap In absolute terms, Ethereum still commands …

Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy

Key Takeaways ECB President Lagarde called euro-denominated stablecoins a financial stability risk on May 8, 2026. Lagarde mentioned that USDC depegged to $0.877 during SVB’s 2023 collapse, exposing $3.3 billion in Circle reserves. The ECB’s Pontes project launches in September 2026 to anchor DLT settlement in central bank money. Lagarde Warns European Banks That Euro …

Kraken Parent Payward Targets OCC Charter to Unlock Institutional Digital Asset Custody

Key Takeaways Payward, the parent company of Kraken, filed an OCC application to establish a national trust company for institutional digital asset custody. The proposed Payward National Trust Company would complement Kraken Financial, which holds a Federal Reserve master account as a Wyoming SPDI. Co-CEO Arjun Sethi says the multi-charter strategy positions Payward to serve …

Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack

Key Takeaways Lazarus Group attacked Layerzero Labs internal RPCs and poisoned data sources in order to attack the KelpDAO DeFi project. The security breach impacted 0.14% of applications and roughly 0.36% of asset value associated with Layerzero. Layerzero Labs is migrating all defaults to a 5/5 DVN setup to improve cross-chain security. Layerzero Labs Apologizes …

Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase

Judge Garnett cleared 30,765 ETH ($71M) for transfer to Aave’s wallet on May 9, 2026. The April 18 KelpDAO exploit saw attackers borrow $230M in ETH using unbacked rsETH collateral. Aave’s ETH LTV ratios are returning to normal as rsETH bridge recapitalization begins. Recovery Efforts Garner Further Momentum Judge Margaret Garnett issued an order on …

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