U.S. Surging in Crypto Activity Under Trump: TRM Labs Report
U.S. digital asset transaction volumes jumped 50% to over $1 trillion in the first half of the year amid a more favorable regulatory climate.Summary
According to a TRM Labs report, U.S. digital asset transaction volumes surged by approximately 50% in the first six months of the year, exceeding $1 trillion. This rapid increase is attributed to a more favorable political and regulatory climate under President Donald Trump, contrasting with the previous administration's cautionary stance. Institutional adoption of stablecoins and new regulated products like ETFs contributed to the growth, alongside increased investor comfort as rules began to materialize. TRM Labs' global crypto activity index still ranks India first, but the U.S. trend aligns with growing confidence and renewed capital formation. The report noted a 30% rise in web traffic to virtual-asset service providers following the previous year's election, coinciding with executive orders favoring crypto policies and legislative progress on stablecoin regulation.
(Source：CoinDesk)