According to Fox News, the Supreme Court has allowed the Trump administration to proceed with ending legal protections for certain Venezuelan migrants as of May 19, 2025 (source: Fox News Twitter). This development is expected to impact remittance flows from the US to Venezuela, which have historically supported stablecoin and Bitcoin transactions among Venezuelan users (source: Chainalysis). Traders should monitor potential volatility in Latin American crypto markets, especially for tokens linked to remittances such as USDT and BTC. Regulatory changes affecting migrant populations may also influence cross-border transaction volumes and overall crypto demand in the region.

According to Wei (@thedaoofwei) on Twitter, crypto businesses are encouraged to localize their products using Coins.ph in Manila and Coins.xyz in Sao Paolo to better access and serve emerging markets. This approach can provide traders with increased liquidity, new fiat onramps, and exposure to fast-growing user bases in Southeast Asia and Latin America, strengthening trading volumes and improving market depth in these hotspots (source: @thedaoofwei, May 16, 2025).