According to Fox News, President Trump has signed an executive order introducing an 'exit bonus' program for illegal migrants, marking the first government-backed self-deportation incentive in the US. Traders should note that such policy changes could impact cross-border remittance flows, potentially increasing demand for cryptocurrency solutions like Bitcoin and stablecoins, as migrants seek faster and more anonymous methods for moving funds. This policy shift may also affect the price volatility of remittance-focused tokens, with increased transaction volume likely in the short term as affected populations adjust to new legal and financial realities. Source: Fox News (May 10, 2025).

According to @jessepollak, a recent on-chain transfer of USDC using the Base network to the Philippines settled instantly and incurred only $0.000409 in transaction fees. This concrete demonstration of near-zero cost and immediate settlement underlines the growing utility of stablecoins like USDC for international remittances and cross-border payments, directly challenging traditional wire transfer services. For traders, this highlights the increasing adoption of Base chain and stablecoins within the crypto ecosystem, potentially driving higher on-chain volumes and liquidity. Source: @jessepollak on Twitter, May 9, 2025.