According to Fox News, the Supreme Court's decision to allow the Trump administration to revoke Temporary Protected Status (TPS) for 500,000 individuals could have significant economic ripple effects, particularly for labor markets and remittance flows. As reported on May 30, 2025, this move may impact sectors reliant on TPS holders, potentially influencing consumer spending patterns and cross-border remittances. Traders should note that shifts in remittance activity can affect demand for crypto assets, especially stablecoins and cross-border payment tokens, as affected individuals seek alternative, efficient means to transfer funds (Source: Fox News, May 30, 2025).