“The idea of direct household payments, even hypothetical, revived the same risk-on reflex that drove digital assets during the pandemic-era stimulus rounds.”, — write: www.coindesk.com
The plan, unveiled on Truth Social, boosted risk appetite even as some questioned its feasibility and potential inflationary fallout.
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” the post said, adding that those opposed to tariffs are “FOOLS!” The rhetoric arrives as Washington’s fiscal debates reheat ahead of 2026 budget talks.
Treasury Secretary Scott Bessent said earlier this year that tariff revenues would be used to pay down the national debt, which now stands near $38 trillion, although Trump’s latest comments suggest a populist tilt toward direct cash transfers.
While the proposal is unlikely to materialize without congressional approval, markets read it as a fresh injection of fiscal looseness. The idea of direct household payments, even hypothetical, revived the same risk-on reflex that drove digital assets during the pandemic-era stimulus rounds.
Bitcoin BTC$105,950.64 rose 4.6% over 24 hours to $106,440, while Ether ETH$3,596.74 gained 6.1% to $3,618, data from CoinGecko shows. XRP led majors with an 8.5% daily jump to $2.48, and Solana SOL$166.60 added 6.1% to $167.96.
Overall crypto market capitalization climbed to about $3.5 trillion, with roughly $113 billion in 24-hour volumes in an unusually high figure for Sunday trading.
XRP’s market-beating rally came on the heels of Canary Capital’s third pre-effective S-1 amendment for its proposed Canary XRP ETF, which would list on Nasdaq under the ticker XRPC.
The trust will hold XRP in custody with Gemini and BitGo, benchmarked to the CoinDesk XRP CCIXber 60m New York Rate.
Whether the “tariff dividend” becomes law or just another campaign talking point, traders appear happy to front-run the liquidity narrative once again.
A deep dive into Zcash’s zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.
- Shielded adoption surgedwith 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.
- The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.
- Project Tachyonled by Sean Bowe, aims to boost throughput to thousands of private transactions per second.
- Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.
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Zenrock’s wrapped Zcash token, zenZEC, has achieved $15 million in trading volume on the Solana blockchain since its launch on Oct. 31.
- Zenrock’s wrapped Zcash token, zenZEC, has achieved $15 million in trading volume on the Solana blockchain since its launch on Oct. 31.
- The introduction of zenZEC highlights the growing demand for solutions that strike a balance between usability, privacy and security.
- zenZEC integrates Zcash’s privacy features with Solana’s speed, offering enhanced security through Zenrock’s decentralized multi-party computation network.
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