[Bitu Daily News Selection] Trump: Will impose simple tariffs of 15% to 50% on most countries; Tether CEO: Plans to launch institutional stablecoin, progress in the US market is "going smoothly"; Trump was informed that his name appears in the Epstein documents? White House responds: Fake news; US Treasury Secretary Basent: There may be 1 to 2 rate cuts this year.

Daily Web3 news selected for you by the Bitpush editor:

[Trump: Will impose simple tariffs of 15% to 50% on most countries]

According to reports, on the 23rd local time, U.S. President Trump stated that he would impose simple tariffs ranging from 15% to 50% on most other countries in the world. Trump also mentioned that the U.S. is in serious negotiations with the European Union, and if they agree to open up to American businesses, the U.S. will allow them to pay lower tariffs.

[Tether CEO: Plans to Launch Institutional Stablecoin, Progress in Entering the US Market is "Going Smoothly"]

According to Bitpush news, Tether's CEO Paolo Ardoino stated in an interview with Bloomberg Television that the company's plan to enter the U.S. institutional stablecoin market is "progressing smoothly." The week prior, Ardoino attended the ceremony where President Trump signed the "GENIUS Act," which establishes a federal regulatory framework for stablecoins in the U.S.

Ardoino revealed that Tether plans to announce specific plans for the U.S. institutional market in the coming months. In April of this year, the company stated that it would launch a new type of stablecoin aimed at institutional clients, focusing on fast settlement services. Currently, Tether's USDT is the largest stablecoin in the world, with a total market capitalization of $162 billion.

It is worth noting that the "GENIUS Act" requires stablecoins to be fully backed by US dollars or similar liquid assets, and imposes annual audit requirements on issuers with a market capitalization exceeding $50 billion. In the face of competition from traditional financial institutions like JPMorgan and Bank of America, which are about to launch stablecoins, Ardoino acknowledges that these competitors "may perform better in the short term," but emphasizes that Tether has a technological advantage and a deeper understanding of the market.

In addition, Tether recently appointed Simon McWilliams as Chief Financial Officer to drive the work towards obtaining an audit from one of the Big Four accounting firms. Ardoino stated that this is the company's "top priority." When asked whether they would go public like competitor Circle, he categorically denied it.

[Trump told his name appears in Epstein files? White House responds: Fake news]

According to reports from BitPush and The Wall Street Journal, senior U.S. government officials say that Trump was repeatedly informed that his name appeared in Epstein's documents. In response to the report, the White House stated that this is a continuation of "fake news" targeting the U.S. president, and denied the claim that he was informed about his appearance in the report. A White House spokesperson said, "This is just a continuation of the fake news stories fabricated by the Democrats and the liberal media."

[U.S. Treasury Secretary Becerra: There may be 1 to 2 interest rate cuts this year]

According to Bitpush news, U.S. Treasury Secretary Janet Yellen stated that there may be one to two interest rate cuts this year.

[Tron Inc. will ring the opening bell at Nasdaq on July 24]

According to Bitpush news, Tron Inc. (NASDAQ: TRON) (hereinafter referred to as the company), a leading innovator at the intersection of blockchain, entertainment, and digital assets, announced today that it will ring the opening bell at the NASDAQ Stock Exchange on Thursday, July 24, 2025.

The ceremony will take place at the Nasdaq MarketSite in Times Square, New York, hosted by Justin Sun, the founder of the TRON blockchain and global advisor of Tron Inc., marking an important step for the company towards next-generation technology and digital innovation.

Tron Inc. (formerly SRM Entertainment, Inc.) is a publicly traded company at the forefront of blockchain integrated financial strategies. As the publicly traded 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 Bitpush news and data from 8marketcap, BNB's market capitalization has reached 109.5 billion USD, with a 24-hour increase of 2.86%. It has now surpassed the coffee giant Starbucks (market capitalization of approximately 109.21 billion USD) and ranks 198th in the global asset market capitalization.

[Canadian listed company Matador Technologies secures $100 million financing to purchase more Bitcoin]

According to news from BitPush, Canadian listed company Matador Technologies has secured a financing limit of 100 million USD to purchase more Bitcoin.

According to previous reports, the board of directors of Canadian publicly traded company Matador Technologies Inc has approved a long-term Bitcoin acquisition strategy, which will expand Matador's Bitcoin reserves, making the company a significant corporate BTC holder. Matador has submitted a preliminary short-form prospectus to provide financing flexibility over the next 25 months, aiming to accumulate up to 6,000 Bitcoins by 2027 or earlier.


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