Last night, reports indicated the Supreme Court found a substantial portion of Trump’s global tariffs illegal, curbing presidential tariff powers. However, analysts warn this mood may not endure for long, and the ruling may not reduce uncertainty but rather change its form. The decision suggests tariffs are not disappearing but that the legal basis behind them could be renegotiated or contested, signaling a new phase of debate.
Separately, the author notes a shift toward USDC for coin purchases, with all purchases reported to be made 100% in USDC. The rationale is straightforward: the US institutional drive toward stablecoins centers on USDC. USDC is already being used by U.S. companies for settlements, with Visa publicly detailing a settlement using USDC. The framework emphasizes regulatory compliance and transparency, with Circle regularly disclosing reserve information; institutions prefer this lower-risk structure.
Separately, market observers note a shift toward USDC for purchases, with some transactions reportedly conducted entirely in USDC. The rationale is straightforward: the U.S. institutional drive toward stablecoins centers on USDC. USDC is already used by U.S. companies for settlements, with Visa publicly detailing a settlement using USDC.
The framework emphasizes regulatory compliance and transparency, with Circle regularly disclosing reserve information; institutions favor this lower-risk structure. As policymakers reassess tariff frameworks, the regulatory dimension may influence market sentiment and crypto flows, potentially shaping capital allocations and risk assessment across related assets.
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