From Cointelegraph

May 23, 2025 2:00:00 pm:

Risk appetite across traditional and cryptocurrency markets surged this week, with US crypto funds recovering over $7.5 billion in weekly inflows lost in February and March. Bitcoin hit a new all-time high, while analyst Raoul Pal advised investors to increase exposure to crypto and NFTs due to currency debasement.

Yield-bearing stablecoins have reached $11 billion in circulation, making up 4.5% of the total stablecoin market. Pendle, a decentralized protocol, dominates this growth with $3 billion in total value locked. Traditional stablecoins like USDT and USDC do not pass on interest, potentially causing holders to miss out on over $9 billion in annual yield.

Tether has surpassed Germany in US Treasury bill holdings, with over $120 billion worth of Treasury bills. This conservative reserve strategy has helped Tether navigate cryptocurrency market volatility, solidifying its role in distributing dollar-denominated liquidity at scale.

US crypto investment products attracted over $7.5 billion in 2025, signaling increasing investor demand for digital assets. The fifth consecutive week of net positive inflows follows nearly $7 billion in outflows during February and March. The US led in inflows, with Germany and Hong Kong following behind.

VanEck plans to launch a private digital assets fund in June targeting Web3 projects built on the Avalanche blockchain network. The VanEck PurposeBuilt Fund will invest in liquid tokens and venture-backed projects across sectors like gaming, financial services, and artificial intelligence, managed by the team behind VanEck’s Digital Assets Alpha Fund.

Read more at Cointelegraph: Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined