{
  "trx_id": "d5e074febef8fcaae29fcd135f46dcd1f157761d",
  "block": 106625598,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:48:42",
  "op": [
    "vote",
    {
      "voter": "exain-faucet",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "f86c000c1321386269c50fda5bf5108f15be1881",
  "block": 106625553,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:46:27",
  "op": [
    "vote",
    {
      "voter": "steem-ua",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 1403
    }
  ]
}

{
  "trx_id": "83aac647fc0b96b5229aef177af6ca9001112b83",
  "block": 106625553,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:46:27",
  "op": [
    "vote",
    {
      "voter": "scipio",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 1403
    }
  ]
}

{
  "trx_id": "e9832cb813957735906e9b9af8aa49b40006b5e4",
  "block": 106625553,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:46:27",
  "op": [
    "vote",
    {
      "voter": "karja",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "510747fa48954e1db38a87551c8f19e09653ff27",
  "block": 106625553,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:46:27",
  "op": [
    "vote",
    {
      "voter": "info-steem",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 750
    }
  ]
}

{
  "trx_id": "d705bb46bdb414a5c7aba9c66f95aa5f01e17f57",
  "block": 106625534,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:45:30",
  "op": [
    "vote",
    {
      "voter": "visionaer3003",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "7cbf4fdef86acd51983cdb8c16eb861cc73da45f",
  "block": 106625533,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:45:27",
  "op": [
    "vote",
    {
      "voter": "hive-109690",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "26749ffeda61ac64196d004807390989234ce552",
  "block": 106625533,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:45:27",
  "op": [
    "vote",
    {
      "voter": "tipu",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 700
    }
  ]
}

{
  "trx_id": "46708a411a7f2134083888a3e38fc44f65fd3573",
  "block": 106625532,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:45:24",
  "op": [
    "vote",
    {
      "voter": "mmmmkkkk311",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 500
    }
  ]
}

{
  "trx_id": "c11365e0306417b7c2ce06d7d92b468f3de53a07",
  "block": 106625532,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:45:24",
  "op": [
    "vote",
    {
      "voter": "ctime",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 750
    }
  ]
}

{
  "trx_id": "4c7c6e36ae6d5b2c513bd1ec07716da3b306acb2",
  "block": 106625531,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:45:21",
  "op": [
    "vote",
    {
      "voter": "suntr",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "d4921fa8a05d4a5a02dcfba4db275246ebef1636",
  "block": 106625484,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:43:00",
  "op": [
    "transfer",
    {
      "from": "executive-board",
      "to": "cryptoplay",
      "amount": "0.001 STEEM",
      "memo": "❗ Hello @cryptoplay, great that you are using the STEEM blockchain. The Executive Board sends you, as a small token of appreciation, an exclusive voucher worth up to 1000 Euros, which you can redeem via the following link: https://zcash-innovation.blogspot.com/?voucher=QkVGRktfWQRHS0RMWE9Oak1HS0NGBElFRw"
    }
  ]
}

{
  "trx_id": "2884f260c443a2062e4681627b052e0f66ef971b",
  "block": 106625468,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:42:12",
  "op": [
    "claim_reward_balance",
    {
      "account": "cryptoplay",
      "reward_steem": "1.516 STEEM",
      "reward_sbd": "0.000 SBD",
      "reward_vests": "2468.942520 VESTS"
    }
  ]
}

{
  "trx_id": "4707d57af9c317f494c4402acd3bc57923fc0e85",
  "block": 106625454,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-06-03T19:41:30",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "cryptoplay",
      "permlink": "traders-are-strengthening-their-protections-as-bitcoin-hits-its-lowest-levels-in-several-months",
      "title": "Traders are strengthening their protections as Bitcoin hits its lowest levels in several months",
      "body": "Bitcoin prices are dropping. What matters more is how investors feel. BTC is at its lowest point in months. Because of this, many traders are protecting their money instead of hoping for a price jump. The derivatives market shows this shift toward caution.\n\nTraders are playing it safe. Many are buying put options to guard against more losses. The optimism that once filled the market has faded. People are worried about the economy and expect more short-term trouble.\n\n![image.png](https://cdn.steemitimages.com/DQmbU2Cwrcez2KXBuJuop7fg8BMGBtao1fHydj8dTrNQp68/image.png)\n[](https://images.unsplash.com/photo-1623227413711-25ee4388dae3?q=80&w=1172&auto=format&fit=crop&ixlib=rb-4.1.0&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D)\nSeveral things are driving this mood. Bitcoin is trading at a multi-month low. More people are using tools to hedge their bets. Data shows investors are scared. General economic stress makes people avoid risky assets. Overall, the mood is much gloomier than it was a few weeks ago. People want to lower their risk until the financial picture becomes clearer.\n\nThe options market is a warning sign. Investors are changing their positions. They are buying more contracts that profit if the price falls. This shows they expect more turbulence soon. They are waiting for something to happen that can stop the slide.\n\nTraders are also watching key price levels. If Bitcoin keeps falling, more people will hedge their bets. If the price jumps suddenly, some will have to rush to change their trades. This could create more price swings.\n\nA bad mood does not always predict the future. But it shows that people are nervous while the economy stays weak. The next few weeks will show if this is just a pause or a long-term trend.\n\n***",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"bitcoin\",\"news\",\"market\"],\"image\":[\"https://cdn.steemitimages.com/DQmbU2Cwrcez2KXBuJuop7fg8BMGBtao1fHydj8dTrNQp68/image.png\"],\"links\":[\"https://images.unsplash.com/photo-1623227413711-25ee4388dae3?q=80&w=1172&auto=format&fit=crop&ixlib=rb-4.1.0&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 106566279,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 2,
  "timestamp": "2026-06-01T18:01:18",
  "op": [
    "fill_vesting_withdraw",
    {
      "from_account": "cryptoplay",
      "to_account": "cryptoplay",
      "withdrawn": "135049.873252 VESTS",
      "deposited": "83.003 STEEM"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 106566267,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 14,
  "timestamp": "2026-06-01T18:00:42",
  "op": [
    "author_reward",
    {
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "sbd_payout": "0.000 SBD",
      "steem_payout": "1.516 STEEM",
      "vesting_payout": "2468.942520 VESTS"
    }
  ]
}

{
  "trx_id": "6d3cdac2b140e87312e7593cdde0220e24e16312",
  "block": 106422595,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-27T17:49:48",
  "op": [
    "transfer",
    {
      "from": "upmewhale",
      "to": "cryptoplay",
      "amount": "102.000 STEEM",
      "memo": "#2ra3jHy1tag9W5a1n6tiqzSz7uMF3Ggmg1QAL2Njer8PniEGwaaEaJVwDzz2JvhJ7D9tJyK7HXkDbyULgLQVmkFs5PTpm8ytMLNSxFyowdN544giygTV1QeXVSNP3Qay2duVqs132CRYh6oHBTgKjWhTiY5SDCP7eZkehSyMzEGDT42fLn89oUQaeSwfm1FYK2D"
    }
  ]
}

{
  "trx_id": "105c2580c18eb632ed00c8ac3f8909c1ce1b2043",
  "block": 106422421,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-27T17:41:00",
  "op": [
    "transfer",
    {
      "from": "upmewhale",
      "to": "cryptoplay",
      "amount": "102.000 STEEM",
      "memo": "#2ra3jHy1tag9W5a1n6tiqzSz7uMF3Ggmg1QAL2Njer8PniEGwaaEaJVwDzz2JvhJ7D9tJyK7HXkDbyULgLQVmkFs5NLBvnzE2J7LpdmtDty5UNdwbKbNh4mJHX472dNxo4atV3CpdhLzghboYuNmEjShVgR8yTAmY5nwuhQa8tYYt3Cn6fL6DjDPmtknWozhocx"
    }
  ]
}

{
  "trx_id": "007c381f8ea90b5faad414f5b24dbfba4c3e863a",
  "block": 106422401,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-27T17:40:00",
  "op": [
    "transfer",
    {
      "from": "cryptoplay",
      "to": "upmewhale",
      "amount": "0.001 STEEM",
      "memo": ""
    }
  ]
}

{
  "trx_id": "6a45cb480c4cb0a49e40deea2b9cefa9019beafb",
  "block": 106422395,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-27T17:39:42",
  "op": [
    "transfer",
    {
      "from": "cryptoplay",
      "to": "upmewhale",
      "amount": "0.001 STEEM",
      "memo": ""
    }
  ]
}

{
  "trx_id": "d89b5f11600f804b9b09f06ad4471a5154a00d75",
  "block": 106398385,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-26T21:31:57",
  "op": [
    "transfer",
    {
      "from": "cryptoplay",
      "to": "upmewhale",
      "amount": "102.000 STEEM",
      "memo": "https://steemit.com/cryptocurrency/@cryptoplay/the-bitcoin-backed-loan-market-could-reach-usd1-trillion"
    }
  ]
}

{
  "trx_id": "796682ffdb56ac3757641fa51589273d1bafb5f9",
  "block": 106369300,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T21:12:09",
  "op": [
    "vote",
    {
      "voter": "steemit.contest",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "5d21303bf1645ade5ff27591069ddd7f8d3c41bb",
  "block": 106367785,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T19:56:09",
  "op": [
    "vote",
    {
      "voter": "alexmove",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "57d1cfb09a311f0a479a426bf2407d506a06375a",
  "block": 106367784,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T19:56:06",
  "op": [
    "vote",
    {
      "voter": "alexmove.witness",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "452140fee75f26c0897c92f60612052a1d95932a",
  "block": 106367669,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T19:50:18",
  "op": [
    "transfer",
    {
      "from": "cryptoplay",
      "to": "upmewhale",
      "amount": "102.000 STEEM",
      "memo": "https://steemit.com/cryptocurrency/@cryptoplay/the-bitcoin-backed-loan-market-could-reach-usd1-trillion"
    }
  ]
}

{
  "trx_id": "397b49777a407714e2c756186a17c75c6579f7cc",
  "block": 106365847,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:18:39",
  "op": [
    "vote",
    {
      "voter": "exain-faucet",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "1a80a0601f0d25fe20e695821f90251fa41a1343",
  "block": 106365723,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:12:27",
  "op": [
    "vote",
    {
      "voter": "sw4p",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "25e9e3a0298e2fef73bae98c0181735ba3f27466",
  "block": 106365588,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:05:39",
  "op": [
    "vote",
    {
      "voter": "steem-ua",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1403
    }
  ]
}

{
  "trx_id": "8a787e5d9354e953eee4dd4c3f5109c6f3b464a0",
  "block": 106365588,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:05:39",
  "op": [
    "vote",
    {
      "voter": "scipio",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1403
    }
  ]
}

{
  "trx_id": "79bef1930ddb48000bf075d9181898f9dcf87a43",
  "block": 106365588,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:05:39",
  "op": [
    "vote",
    {
      "voter": "karja",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "e855faa397e03296de9428b8f57fcfcc536c4e45",
  "block": 106365584,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:05:27",
  "op": [
    "vote",
    {
      "voter": "info-steem",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 750
    }
  ]
}

{
  "trx_id": "a2c5a6cdff992e75d0447de0c8e74ea843c86201",
  "block": 106365569,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:04:42",
  "op": [
    "vote",
    {
      "voter": "appics-curation",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 500
    }
  ]
}

{
  "trx_id": "376ce3ee93b487c8ba9cecebea2856725603a90c",
  "block": 106365568,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:04:39",
  "op": [
    "vote",
    {
      "voter": "hive-109690",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "0906b6360bd506465a4301fadda14f3302d96f51",
  "block": 106365567,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:04:36",
  "op": [
    "vote",
    {
      "voter": "visionaer3003",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "69329e7c02a8bcb2f76f50e6c8bf96c921375942",
  "block": 106365567,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:04:36",
  "op": [
    "vote",
    {
      "voter": "tipu",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 500
    }
  ]
}

{
  "trx_id": "c4e3d0eae458d00820e8e0df4fad6fb6ec8073a7",
  "block": 106365567,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:04:36",
  "op": [
    "vote",
    {
      "voter": "mmmmkkkk311",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 500
    }
  ]
}

{
  "trx_id": "b248cf5e1c2866b30bfea8132c47420e2df85e03",
  "block": 106365566,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:04:33",
  "op": [
    "vote",
    {
      "voter": "ctime",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 750
    }
  ]
}

{
  "trx_id": "17620140b4e41babe9c9f83b35f8a834ae42fc94",
  "block": 106365565,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:04:30",
  "op": [
    "vote",
    {
      "voter": "suntr",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "7838bc86a3f3c5aa7881de67a42b8ad4bbe44f47",
  "block": 106365501,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:01:18",
  "op": [
    "withdraw_vesting",
    {
      "account": "cryptoplay",
      "vesting_shares": "540199.493005 VESTS"
    }
  ]
}

{
  "trx_id": "cac26919932e015ac46ed614cb0fb37fa5197dde",
  "block": 106365498,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:01:09",
  "op": [
    "claim_reward_balance",
    {
      "account": "cryptoplay",
      "reward_steem": "107.733 STEEM",
      "reward_sbd": "0.000 SBD",
      "reward_vests": "175476.301713 VESTS"
    }
  ]
}

{
  "trx_id": "8a02df010a190615c04f14c2765ba31928d1193f",
  "block": 106365489,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-25T18:00:42",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "cryptoplay",
      "permlink": "the-bitcoin-backed-loan-market-could-reach-usd1-trillion",
      "title": "The Bitcoin-backed loan market could reach $1 trillion",
      "body": "Bitcoin lending could see a huge jump in size. A report from Ledn says this market might hit 1 trillion dollars over time. Right now, it is small. The industry is still healing from the 2022 crashes of Celsius, Voyager, and BlockFi.\n\nLedn thinks Bitcoin loans could grow from 3 billion to 1 trillion dollars in ten years. They based this on a study of 1,244 crypto holders in the US and Australia. The data shows a big gap between interest and action. About 88 percent of people say they would consider a crypto loan, but only 14 percent actually do it. This is a 6 to 1 gap.\n\n![image.png](https://cdn.steemitimages.com/DQmUZzkiNLDvwM8jxhTUVshRLykrFrM5x7W58VykE2Am6m9/image.png)\n[](https://images.unsplash.com/photo-1738736870628-8a801d5ec0d3?q=80&w=1170&auto=format&fit=crop&ixlib=rb-4.1.0&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D)\nIn May, the total crypto market hit 2.68 trillion dollars. Galaxy Research put the lending market at 73.6 billion dollars for late 2025. This model works like a home loan. People get cash without selling their coins.\n\nMauricio Di Bartolomeo, co-founder of Ledn, says the demand is there. He believes people just need a safe place to put their money. Most of the potential for Bitcoin as a guarantee is not used yet.\n\nFear is the main problem. People worry about price swings and automatic liquidations. They also fear unclear rules for big platforms. The old crashes still hurt. Billions in user funds were lost or frozen when Celsius, Voyager, and BlockFi failed.\n\nBecause of this, some users want safer setups. They look for clear risk rules and higher collateral. Ledn wants to lead here by using Bitcoin as the main asset. Many holders want to keep their coins for the long term instead of selling.\n\nThe market will grow if platforms can prove they are safe. If they fix the old mistakes, Bitcoin loans could become a common tool. If not, the interest will stay as just a thought.\n\n***",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"bitcoin\",\"news\",\"market\"],\"image\":[\"https://cdn.steemitimages.com/DQmUZzkiNLDvwM8jxhTUVshRLykrFrM5x7W58VykE2Am6m9/image.png\"],\"links\":[\"https://images.unsplash.com/photo-1738736870628-8a801d5ec0d3?q=80&w=1170&auto=format&fit=crop&ixlib=rb-4.1.0&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 106365399,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 14,
  "timestamp": "2026-05-25T17:56:15",
  "op": [
    "author_reward",
    {
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "sbd_payout": "0.000 SBD",
      "steem_payout": "53.825 STEEM",
      "vesting_payout": "87645.510574 VESTS"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 106282719,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 25,
  "timestamp": "2026-05-22T20:45:36",
  "op": [
    "author_reward",
    {
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "sbd_payout": "0.000 SBD",
      "steem_payout": "53.908 STEEM",
      "vesting_payout": "87796.589752 VESTS"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 106282719,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 19,
  "timestamp": "2026-05-22T20:45:36",
  "op": [
    "curation_reward",
    {
      "curator": "cryptoplay",
      "reward": "34.201387 VESTS",
      "comment_author": "cryptoplay",
      "comment_permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026"
    }
  ]
}

{
  "trx_id": "0000000000000000000000000000000000000000",
  "block": 106278766,
  "trx_in_block": 4294967295,
  "op_in_trx": 0,
  "virtual_op": 2,
  "timestamp": "2026-05-22T17:27:24",
  "op": [
    "fill_vesting_withdraw",
    {
      "from_account": "cryptoplay",
      "to_account": "cryptoplay",
      "withdrawn": "293859.251685 VESTS",
      "deposited": "180.483 STEEM"
    }
  ]
}

{
  "trx_id": "f35312eda37b8ef7d2c62f6465344675006af937",
  "block": 106174219,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-19T01:59:48",
  "op": [
    "vote",
    {
      "voter": "upmewhale",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "c16ec2db8f1a10c5874ce14d5b8201318d6eaf84",
  "block": 106166782,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T19:46:36",
  "op": [
    "vote",
    {
      "voter": "steemit.contest",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "ae146f7d80de70e90ea12d122509d16ef5b934a6",
  "block": 106166778,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T19:46:24",
  "op": [
    "vote",
    {
      "voter": "strawberrry",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "1b46939157075330405e261c03ab772b682ad061",
  "block": 106165818,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T18:58:06",
  "op": [
    "vote",
    {
      "voter": "alexmove.witness",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "a418d6ff181067c31dcec16a7087e4a90f342e5f",
  "block": 106165761,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T18:55:12",
  "op": [
    "transfer",
    {
      "from": "cryptoplay",
      "to": "upmewhale",
      "amount": "102.000 STEEM",
      "memo": "https://steemit.com/cryptocurrency/@cryptoplay/stablecoins-reach-an-all-time-high-of-323-3-billion"
    }
  ]
}

{
  "trx_id": "3c28ee870d5bfb76f111761391c34aa734fd3183",
  "block": 106165333,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T18:33:33",
  "op": [
    "vote",
    {
      "voter": "exain-faucet",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b84512a86b14b7382006a7fd95564ac54be73ec5",
  "block": 106164705,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T18:02:03",
  "op": [
    "vote",
    {
      "voter": "sw4p",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "cd42b95dc8751459f3d56adc7dfb29cbbbf47683",
  "block": 106164676,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T18:00:36",
  "op": [
    "vote",
    {
      "voter": "karja",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "2c7ec49915c33b8101e55fbb441eb5c95ffca6b0",
  "block": 106164670,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T18:00:18",
  "op": [
    "vote",
    {
      "voter": "info-steem",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 750
    }
  ]
}

{
  "trx_id": "b6b50ffc256007066775c0765274daacd9d12026",
  "block": 106164650,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:59:18",
  "op": [
    "vote",
    {
      "voter": "appics-curation",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 500
    }
  ]
}

{
  "trx_id": "7cd0c60d1d0ebe44fa74992c7c94a7d9a70baea8",
  "block": 106164650,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:59:18",
  "op": [
    "vote",
    {
      "voter": "hive-109690",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 800
    }
  ]
}

{
  "trx_id": "61f324bf790ea155d15b00dd96c0b96346421775",
  "block": 106164650,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:59:18",
  "op": [
    "vote",
    {
      "voter": "visionaer3003",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 800
    }
  ]
}

{
  "trx_id": "1c57f5ab1d334e24e1186c9f8a2a05e1b3cca363",
  "block": 106164649,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:59:15",
  "op": [
    "vote",
    {
      "voter": "tipu",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 500
    }
  ]
}

{
  "trx_id": "84e88e9f05f354d3bfc53144efda12a6b04d938d",
  "block": 106164649,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:59:15",
  "op": [
    "vote",
    {
      "voter": "ctime",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 750
    }
  ]
}

{
  "trx_id": "2545fa79ec09aa0e238ffb0b887f4f802420b807",
  "block": 106164648,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:59:12",
  "op": [
    "vote",
    {
      "voter": "mmmmkkkk311",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 500
    }
  ]
}

{
  "trx_id": "d92289ef1761bfe0f8f6c6ae98a3e71aa281e342",
  "block": 106164647,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:59:09",
  "op": [
    "vote",
    {
      "voter": "suntr",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "weight": 800
    }
  ]
}

{
  "trx_id": "0419cce27573cecfbf2e1fd436ad05ac7c90f667",
  "block": 106164589,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T17:56:15",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "cryptoplay",
      "permlink": "stablecoins-reach-an-all-time-high-of-323-3-billion",
      "title": "Stablecoins reach an all-time high of 323.3 billion",
      "body": "Crypto is progressing quietly but is now making a notable impact on the markets. On this large digital playing field, stablecoins are moving with the unemotional precision typical of data centers. They do not possess the flair of Bitcoin or the playful nature of memecoins. Nonetheless, they already command a large share of the liquidity, similar to a subtle queen supporting the louder coins.\n\nAn analyst looks at an enormous pile of stablecoins dominating the skyline, representing a remarkable symbol of significant financial growth.\n\nIn brief\n\nThe stablecoin sector exceeds 323 billion after experiencing over 1.5 billion in substantial weekly global inflows.\nTether continues to dominate the crypto landscape, holding nearly 59% of the global stablecoin market.\nBlackRock, PayPal, and Western Union are quietly ramping up their strategic initiatives in digital tokenized financial systems.\nMiCA is effectively boosting euro stablecoins, even as the US digital dollar remains dominant worldwide.\nStablecoins control the game board with USDT acting as the powerful king.\nThe stablecoin market rose to $323.3 billion, following the addition of $2 billion in new listings over a week. This increase signifies a major return to tokenized dollars, with no significant speculative excitement involved.\n\n![image.png](https://cdn.steemitimages.com/DQmNPdBmFkNYiUWnpfKYKLAUvRYm4w81affm4qHRHngemMw/image.png)\n[](https://plus.unsplash.com/premium_photo-1677068954365-7a50729a3364?q=80&w=1332&auto=format&fit=crop&ixlib=rb-4.1.0&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D)\nTether stays on top with $189.7 billion and a 58.67% market share. In simple terms, USDT is still at the core of the board, while its competitors are hunting for the ideal opportunity.\n\nRecent data shows USDC has had a more erratic path. A week ago, it attracted $1.61 billion, climbing to about $78.96 billion. It then lost more than $950 million, dropping back to almost $77.06 billion.\n\nThis volatility highlights a stablecoin market that has become strategic, almost like a careful operation. Crypto investors have moved beyond merely holding cash on-chain. They are reallocating their reserves, evaluating returns, balancing risks, and aligning themselves according to market conditions.\n\nCrypto is witnessing movements from BlackRock, PayPal, and Western Union to advance their agendas.\nAlongside Tether, numerous contenders are progressing without waiting for approval. Sky's USDS rose 11.5% this week, hitting $8.79 billion. The $10 billion milestone is now within reach.\n\nDAI, the older sibling, holds fourth place with $4.61 billion despite a minor drop. World Liberty Financial's USD1 also grew by 1.97%, adding around 87 million in new listings.\n\nThen, the market experienced increased volatility. Ethena's USDe climbed by 6.77% after a phase of difficult sell-offs. PayPal's PYUSD increased by 1.32%, while BlackRock's BUIDL rose by 8.01%. USDG soared by 9.63%, highlighting the demand for new dollar-backed crypto solutions.\n\nThe Western Union USDPT case resembles an astonishing success: a 597,568% surge within seven days. Nevertheless, its market value stands at only $1.5 million. Although the number is impressive, the coin is still small.\n\nThe traditional financial framework is exploring possibilities without disrupting the existing system.\n\nMiCA is encouraging the euro, while the dollar continues to dominate.\nEurope is also attempting to refocus with MiCA. The number of euro-denominated stablecoins has more than doubled since the new European regulatory framework was enacted. Their market value reached about $500 million in May 2025, then $680 million according to Decta.\nToken Terminal has documented an on-chain peak of 774.2 million as of May 13, 2026. Ethereum represents 66.2% of this total, underscoring its status as the primary infrastructure.\n\nNevertheless, the divide between it and the dollar is still significant. In comparison to the hundreds of billions held by USDT and USDC, euro stablecoins are very small. Conversely, trading activities are rapidly increasing. Decta states that monthly transaction volumes have surged nearly nine times, hitting $3.83 billion.\n\nEURC and EURCV specifically gain from these more defined regulations. Similarly, tokenized assets grew to €26.7 billion, driven largely by tokenized Treasuries at €16.2 billion. The market is gearing up for a programmable financial system, where reserves, returns, and compliance are all encompassed within a unified framework.\n\nThe global stablecoin market is presently valued at over $323 billion;\nUSDT leads with a market cap of nearly $190 billion;\nUSDS is swiftly nearing the strategic level of 10 billion;\nEuro stablecoins boast an on-chain peak surpassing 774 million;\nTokenized Treasuries stand at 16.2 billion, or 60.4% of the market segment.\nChristine Lagarde, however, is unwilling to view stablecoins simply as a positive development. The ECB president expresses concern over the potential dominance of a powerful private digital dollar. Her response remains the digital euro, designed as a public safeguard against the rise of dollar-backed tokens.\n\n***",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"bitcoin\",\"news\",\"market\",\"stablecoins\"],\"image\":[\"https://cdn.steemitimages.com/DQmNPdBmFkNYiUWnpfKYKLAUvRYm4w81affm4qHRHngemMw/image.png\"],\"links\":[\"https://plus.unsplash.com/premium_photo-1677068954365-7a50729a3364?q=80&w=1332&auto=format&fit=crop&ixlib=rb-4.1.0&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "547aaeba9f2464a184db49aacc81d147eca373fa",
  "block": 106103494,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-16T14:33:33",
  "op": [
    "vote",
    {
      "voter": "tipu",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 500
    }
  ]
}

{
  "trx_id": "1417d9be59e2c728f25f382b1b01ee4a531e70c8",
  "block": 106096026,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-16T08:19:24",
  "op": [
    "vote",
    {
      "voter": "chrisborg",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "364f4e235a4ec61e97dde991499df1edfb265157",
  "block": 106090648,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-16T03:49:54",
  "op": [
    "vote",
    {
      "voter": "elizabethbit",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "b9bcc776ed4a153ef7a22400d15541edf3bff7e3",
  "block": 106084316,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T22:32:42",
  "op": [
    "vote",
    {
      "voter": "dlike",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 1300
    }
  ]
}

{
  "trx_id": "b1279c1afd2e6dd927e7d47edc7a67e7618a0268",
  "block": 106084192,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T22:26:30",
  "op": [
    "vote",
    {
      "voter": "magicworld",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "638af3160c2e7b01bf30e39681ed00a333efb99e",
  "block": 106083766,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T22:05:09",
  "op": [
    "vote",
    {
      "voter": "upmewhale",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "7fb6617b492562ef33392118e3f61da8f9ab5efa",
  "block": 106083146,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T21:34:06",
  "op": [
    "vote",
    {
      "voter": "hive-146361",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 4000
    }
  ]
}

{
  "trx_id": "6b6207bb3eb76cafda23413e2cb7edcfdf50bec2",
  "block": 106082992,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T21:26:21",
  "op": [
    "vote",
    {
      "voter": "alexmove",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "f257c4bf693ed38c0d5f99c99abce88beb50a035",
  "block": 106082991,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T21:26:18",
  "op": [
    "vote",
    {
      "voter": "alexmove.witness",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 1000
    }
  ]
}

{
  "trx_id": "4056ebf4e211f3653b9f6c4e9da05fcc65ae412e",
  "block": 106082957,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T21:24:36",
  "op": [
    "transfer",
    {
      "from": "cryptoplay",
      "to": "upmewhale",
      "amount": "102.000 STEEM",
      "memo": "https://steemit.com/cryptocurrency/@cryptoplay/these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026"
    }
  ]
}

{
  "trx_id": "582ce1333257c6ada9cd6e6951d79e1fbaf2a99b",
  "block": 106082535,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T21:03:27",
  "op": [
    "vote",
    {
      "voter": "exain-faucet",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "f7112c9f9a0c2cd63378c587e8d81267b1c2fbe1",
  "block": 106082370,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T20:55:09",
  "op": [
    "vote",
    {
      "voter": "cryptoplay",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "60ac231741eb6259deea20de086bf3560bddfe22",
  "block": 106082302,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-15T20:51:45",
  "op": [
    "vote",
    {
      "voter": "sw4p",
      "author": "cryptoplay",
      "permlink": "these-3-altcoins-no-longer-need-bitcoin-to-explode-in-2026",
      "weight": 10000
    }
  ]
}