According to Galaxy, tokenization has demonstrated clear product-market fit with stablecoins like USDC and Tether reaching over $250 billion in supply, serving as efficient trading pairs for BTC and ETH in cross-border payments and crypto trades, which enhances liquidity and reduces transaction costs. Galaxy notes that tokenized money market funds such as BUIDL and ONDO provide on-chain risk-free rates for collateral and treasury management, benefiting crypto-native traders. Galaxy predicts that structured credit and private funds are next for tokenization, potentially lowering issuance costs and increasing secondary market liquidity through smart contracts, while regulatory progress like the GENIUS Act could accelerate adoption and impact crypto trading volumes.

According to Fox News (@FoxNews), a witness reported that the suspect in the killing of two Israeli embassy staffers claimed he 'did it for Gaza' (Instagram/@shinewithisrael, May 22, 2025). This incident has heightened geopolitical tensions in the Middle East, which historically leads to volatility in cryptocurrency markets, especially for safe-haven assets like Bitcoin and stablecoins. Traders should monitor potential price swings and increased trading volumes as global uncertainty grows (Fox News, 2025).