Anchorage partners with Grupo Salinas, owned by a Mexican billionaire, on cross-border payments
Anchorage Partners with Grupo Salinas, a Mexican Billionaire’s Conglomerate, for Cross-Border Payments.
Anchorage will provide the Mexican conglomerate with a USD-based stablecoin payment infrastructure to improve cross-border payments.
[Foresight News]
DEF: Some senators have submitted an “anti-DeFi” amendment that could weaken the protective provisions related to the CLARITY Act.
Eleanor Terrett reported that, after members of the U.S. Senate Banking Committee submitted over 100 amendments to the CLARITY Act last night, the DeFi Education Fund (DEF) is tracking those it labels “anti-DeFi amendments” and urging supporters to pressure senators to oppose these amendments ahead of tomorrow’s bill markup.
According to DEF, these amendments were introduced by Democratic Senators Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Elizabeth Warren, and Jack Reed, and cover topics including weakening the Blockchain Regulatory Certainty Act (BRCA), restricting protections for non-custodial software developers and DeFi frontends, modifying tokenization provisions, and expanding Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) obligations for developers and digital asset businesses.
[Odaily]
Anchorage partners with Grupo Salinas, owned by a Mexican billionaire, on stablecoin cross-border payments.
Anchorage Digital announced a partnership with Grupo Salinas, the conglomerate owned by Mexican billionaire Ricardo Salinas Pliego, to optimize cross-border U.S. dollar payments through stablecoin infrastructure.
According to the announcement, Coinpro—the cryptocurrency business unit of Grupo Salinas—will integrate Anchorage’s stablecoin payment infrastructure to shorten cross-border settlement cycles and enable real-time, programmable U.S. dollar settlements powered by blockchain.
Anchorage stated that its “Stablecoin Solutions for Banks” offering provides banks and financial institutions with payment and settlement services powered by U.S. dollar-pegged stablecoins. Carlos Díaz Alonso, an executive at Grupo Salinas, said the two parties will also jointly develop more efficient payment channels to serve users of Grupo Elektra.
Previously, Anchorage partnered with Western Union to launch a U.S. dollar stablecoin product on the Solana blockchain.
[The Block]
Head of YZi Labs: Believes cryptocurrency is independent innovation and the biggest misjudgment of the past
Ella Zhang, head of YZi Labs, said in a Binance Online live broadcast that Binance Labs initially focused on investing in the blockchain and cryptocurrency fields, but later realized that major innovations and industrial changes would not be limited to a single track. She believes that if they had taken a longer-term view at the time, they might have invested in more AI companies.
Ella Zhang said that this year’s focus is on intention-driven decision-making mechanisms based on AI Agents, including permissionless and trusted payment systems, user trust mechanisms for AI Agents, and ensuring that personal data is only used for model training through technologies such as zero-knowledge proofs.
Regarding RWA, she pointed out that the custody and on-chain trustless infrastructure for high-quality assets such as stocks, equity, and real estate property rights still need to be improved, and liquidity issues are also one of the core challenges.
Ella Zhang also said that future Web3 projects may not need to issue tokens and may also be financed through equity tokenization. She believes that more and more blockchain and cryptocurrency companies will choose to list on traditional stock markets in the future, rather than necessarily issuing tokens.
[Odaily]
Arthur Hayes: Soaring Long-Term US Treasury Yields May Force Trump to Reach an Agreement with China as Soon as Possible
On May 13, BitMEX co-founder Arthur Hayes wrote that the surge in 10-year U.S. Treasury yields may force Trump to reach an agreement with China as soon as possible, otherwise traditional financial markets may face severe selling pressure.
[PANews]
Ledger postpones its US IPO plan and is considering switching to private placement financing.
Ledger, a hardware wallet manufacturer, has suspended its U.S. IPO plan due to unfavorable market conditions and is now evaluating alternative options, including private fundraising.
According to sources familiar with the matter, Ledger had discussed a U.S. listing this year with investment banks including Goldman Sachs, Jefferies, and Barclays, targeting a potential valuation of approximately $4 billion; however, as of now, it has not yet filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC).
Reports indicate that amid weakening token prices, declining trading volumes, and volatility in U.S. equity markets, several crypto companies—including Kraken—have postponed their IPO plans. BitGo, the only crypto-native company to have completed a public listing in 2026, is currently trading about 36% below its offering price.
[CoinDesk]
Spot silver surged 3.00% intraday, currently trading at $89.11 per troy ounce.
According to Gate data, the intraday increase of spot silver reached 3.00%, now trading at $89.11/ounce.
New York silver futures rose sharply by 5.00% intraday, now trading at $89.88/ounce.
[Odaily]
Clarity Act amendments are said to contain multiple “anti-DeFi” clauses.
On May 13, members of the U.S. Senate Banking Committee submitted over 100 amendments to the Clarity Act.
Some provisions proposed by multiple Democratic lawmakers were labeled “anti-DeFi amendments” by the DeFi Education Fund (DEF).
[PANews]
A certain whale is suspected of reducing its holdings by 40 WBTC, which, if sold, would yield a profit of $847,000.00.
According to monitoring by crypto analyst Ai Aunt @ai_9684xtpa, a certain address appears to have reduced its position by 40 WBTC. Between February 2024 and February 2026, this address withdrew a total of 50.91 WBTC from exchanges; it has been over two years since its initial accumulation, and this marks its first deposit operation back to an exchange.
If the relevant WBTC has already been sold, the return on investment (ROI) would be approximately 35.7%, corresponding to a profit of roughly $847,000. As of now, the address still holds 10.965 WBTC on-chain.
[Odaily]
Arthur Hayes: A surge in the 10-year U.S. Treasury yield will force Trump to reach an agreement with China, or else TradFi markets could collapse.
BitMEX co-founder Arthur Hayes tweeted that the continued surge in 10-year US Treasury (TSY) yields will force the Trump administration to reach an agreement with China as soon as possible, otherwise traditional financial markets (TradFi) will face the risk of collapse.
He also said that he is taking this opportunity to buy the dip.
[ChainCatcher]
Fed’s Collins: Current patience with rising inflation is waning, and interest rates may need to remain elevated for a longer period.
Federal Reserve’s Collins said on Wednesday that she expects interest rates to remain stable for a longer period of time, and believes that in some scenarios, further tightening of policy may be needed to ensure that inflation returns to the 2% target.
She pointed out that traditional monetary policy usually “ignores” sudden supply shocks, such as rising oil prices. But given that inflation has been above the target level for more than five consecutive years, she believes that patience for suppressing price increases is currently declining.
Collins said that the current tight monetary policy “may need to continue for some time.” She pointed out: “Shocks have slightly increased the downside risks to economic activity, while further increasing the upside risks to inflation.”
At the same time, she also said that if inflation falls back, the Federal Reserve may still continue to cut interest rates later this year. Collins added, however, that if the conflict continues and leads to further upward pressure on prices, “I can envision a scenario in which policy tightening is needed to ensure that inflation returns to 2% in a reasonable time and on a sustained basis.”
[Golden Ten]
Kraken Launches Flexline Lending Product, Accepting Cryptocurrencies as Collateral
Cryptocurrency exchange Kraken announced the launch of its Flexline lending service, specifically designed for crypto holders who cannot access traditional credit markets.
Flexline offers a fixed annual percentage rate (APR) of 10%–25% and accepts cryptocurrencies as collateral, supporting use cases such as working capital needs and proof-of-funds for large transactions.
The product aims to address the challenge faced by crypto-native businesses and high-net-worth individuals in obtaining loans from traditional financial institutions using their digital assets.
[ChainCatcher]
SoftBank and its subsidiary Arm attempted to acquire AI chipmaker Cerebras, but the offer was rejected.
On May 13, news emerged that Arm (ARM.O) and its majority shareholder SoftBank Group approached U.S.-based top-tier AI chip company Cerebras Systems weeks before its IPO, expressing interest in acquiring the company. According to sources familiar with the matter, Cerebras Systems rejected the proposal.
Cerebras plans to price its IPO on Wednesday, with a potential valuation of approximately $34 billion. Earlier reports indicated that the company told prospective investors the IPO price is expected to exceed the upper end of its $150–$160 per-share offering range; the final market capitalization may still adjust depending on the actual number of shares issued.
Cerebras is poised to become the largest上市 transaction this year so far, having previously signaled it may set the IPO price above the $150–$160 offering range amid strong market demand.
[PANews]
Anthropic Receives Investment Intention Offer Valuing It at Over $900.00 Billion
May 13th news, according to the Wall Street Journal: Anthropic has received investment intention offers valuing it at over $900.00B.
[PANews]
Today’s Market Pulse
The market is at a crossroads with increasing regulatory scrutiny on DeFi, traditional finance’s growing integration with crypto infrastructure, and macroeconomic pressures that could reshape the crypto landscape.
Key Themes
Regulatory Crossroads
The US Senate’s CLARITY Act amendments include multiple “anti-DeFi” provisions introduced by Democratic lawmakers that could weaken protections for non-custodial software developers and DeFi frontends. This represents a significant potential regulatory shift that could impact the permissionless nature of DeFi protocols. The DeFi Education Fund is actively mobilizing opposition to these amendments ahead of the bill markup, suggesting this is a pivotal moment for the DeFi ecosystem.
Traditional Finance Integration
Anchorage Digital is expanding its stablecoin payment infrastructure through a partnership with Mexican billionaire Ricardo Salinas Pliego’s Grupo Salinas, aiming to optimize cross-border US dollar payments via blockchain. Meanwhile, Ledger has postponed its US IPO due to unfavorable market conditions, reflecting the challenging environment for crypto companies seeking public listings. In contrast, Kraken has launched a crypto-backed lending product targeting those who can’t access traditional credit markets, signaling traditional finance’s continued adaptation to crypto-native needs.
Macroeconomic Pressures
Federal Reserve’s Collins indicated that patience with rising inflation is waning, suggesting interest rates may need to remain elevated for longer. Arthur Hayes posits that surging 10-year US Treasury yields could force the Trump administration to reach an agreement with China to prevent traditional financial markets from facing severe selling pressure. Meanwhile, silver prices surged intraday, indicating potential inflationary concerns spreading to traditional commodity markets.
Market Sentiment and Innovation
Despite regulatory headwinds, institutional interest in blockchain-adjacent sectors remains strong, with Anthropic receiving investment offers valuing it at over $900 billion. Meanwhile, a whale appears to be reducing its WBTC holdings, potentially realizing profits, while YZi Labs suggests future Web3 projects may not need tokens and increasingly opt for traditional equity financing models.
RichSilo Verdict
Smart money should monitor the CLARITY Act amendments as they could significantly reshape the regulatory landscape for DeFi and crypto development more broadly. The tension between traditional finance integration and regulatory pressure creates both opportunities and risks. Catalysts to watch include final outcomes of the CLARITY Act markup, further macroeconomic policy shifts, and how institutional players like SoftBank continue to navigate the crypto ecosystem. The divergent paths of companies like Ledger (postponing IPO) versus Kraken (launching new products) signal a market in flux, requiring investors to carefully assess which projects have sustainable business models beyond regulatory tailwinds.