Bitpush Editor's Daily Selected Web3 News:
【Trump: Will Impose 15% to 50% Simple Tariffs on Most Countries】
On the local time of the 23rd, US President Trump stated that he will impose 15% to 50% simple tariffs on most other countries in the world. Trump also said that the United States is conducting serious negotiations with the EU, and if they agree to open up to US companies, the US will allow them to pay lower tariffs.
【Tether CEO: Plans to Launch Institutional Stablecoin, US Market Progressing "Smoothly"】
Tether CEO Paolo Ardoino, in an interview with Bloomberg TV, said that the company's plan to enter the US institutional stablecoin market is "progressing smoothly". A week earlier, Ardoino attended the ceremony where President Trump signed the GENIUS Act, which established a federal regulatory framework for US stablecoins.
Ardoino revealed that Tether plans to announce specific plans for the US institutional market in the coming months. In April this year, the company had stated that it would launch a new stablecoin for institutional clients, focusing on rapid settlement services. Currently, Tether's USDT is the world's largest stablecoin, with a total market value of $162 billion.
Notably, the GENIUS Act requires stablecoins to be fully backed by US dollars or similar liquid assets, and mandates annual audits for issuers with a market value exceeding $50 billion. Facing competition from stablecoins by traditional financial institutions like JPMorgan and Bank of America, Ardoino acknowledges that these competitors might "perform better in the short term" but emphasizes Tether's technological advantages and deeper market understanding.
Additionally, Tether recently hired Simon McWilliams as Chief Financial Officer to push for audits by the Big Four accounting firms. Ardoino stated that this is the company's "top priority". When asked if he would list the company like competitor Circle, he explicitly denied it.
【Trump Told His Name Appears in Epstein Documents? White House Responds: Fake News】
According to the Wall Street Journal, US senior government officials said that Trump was told multiple times that his name was in Epstein's documents. In response to the report, the White House stated that this is a continuation of "fake news" against the US president and denied the claim that he was told about his appearance in the report. The White House spokesperson said: "This is just a continuation of a fake news story fabricated by the Democrats and liberal media."
【US Treasury Secretary Besson: Possible 1-2 Rate Cuts This Year】
US Treasury Secretary Besson stated that there might be 1-2 rate cuts this year.
【Tron Inc. Will Ring the Opening Bell at Nasdaq on July 24】
Tron Inc. (Nasdaq code: TRON), a leading innovative company at the intersection of blockchain, entertainment, and digital assets, today announced that it will ring the opening bell at the Nasdaq Stock Exchange on July 24, 2025 (Thursday).
The ceremony will be held at the Nasdaq MarketSite in Times Square, New York, hosted by Justin Sun, founder of the TRON blockchain and global advisor of Tron Inc., marking an important step towards the next generation of technology and digital innovation.
Tron Inc. (formerly SRM Entertainment, Inc.) is a listed company at the forefront of blockchain-integrated fiscal strategies. As the listed company holding the most TRON (TRX) tokens, Tron Inc. is committed to achieving financial transparency and promoting the application of decentralized finance (DeFi) to create long-term value.
【BNB Market Cap Surpasses Starbucks】
According to 8marketcap data, BNB's market cap has reached $109.5 billion, with a 24-hour increase of 2.86%, now surpassing coffee giant Starbucks (market cap of approximately $109.21 billion), ranking 198th in global asset market value.
【Canadian Listed Company Matador Technologies Secures $100 Million Financing to Buy More Bitcoin】
Canadian listed company Matador Technologies has secured a $100 million financing line to purchase more Bitcoin.
Previously, Matador Technologies Inc's board of directors approved a long-term Bitcoin acquisition strategy, expanding Matador's Bitcoin reserves to make the company a significant corporate BTC holder. Matador has submitted a preliminary short-form base prospectus to provide financing flexibility in the next 25 months, accumulating up to 6,000 Bitcoins by 2027 or earlier.
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