Team Finance

The SEC is reviewing a 400-page draft proposal that could allow crypto projects to legally raise up to $75 million per year through token issuance in the United States. **Key Points:** - Public token sales have been effectively banned in the US since 2018 - The draft legislation is currently under government review - This would mark a significant shift in US crypto regulation - Projects could potentially raise funds without the same regulatory barriers that have existed for nearly a decade The proposal builds on previous legislative efforts, including a 35-page Senate bill that aimed to simplify token launches for startups. If approved, this could provide a clear regulatory pathway for crypto projects to conduct token sales without facing SEC enforcement actions. The framework would distinguish tokens from securities, potentially allowing projects to raise up to $75 million annually for up to four years with reduced legal complexity. Read the full analysis at [TrustSwap's blog](https://trustswap.com/blog/the-sec-is-about-to-legalize-token-sales-dont-call-it-an-ico)

Visa has launched a stablecoin platform integrated with its existing network of 200 million merchants and 15,000 banks. The move positions Visa to compete directly with established stablecoin issuers Circle and Tether by leveraging its existing payment infrastructure. The first asset on the platform comes from a provider other than these two dominant players. **Key points:** - Platform taps into Visa's massive merchant acceptance network - Distribution infrastructure seen as competitive advantage over pure issuance - Follows similar moves by Stripe and Mastercard targeting the $325B stablecoin market The card network's strategy focuses on merchant acceptance rather than just token creation, recognizing that widespread usability matters more than minting capability. [Read the full analysis](https://trustswap.com/blog/visa-didnt-join-the-stablecoin-revolution-it-captured-it)

**AI agents are now processing 29 payments per second at 32 cents each** — and the traditional payment giants just decided to join rather than fight. **Visa, Mastercard, and Ripple** have all joined the foundation behind the payment infrastructure powering this activity. They're now part of a 40-member consortium that includes **Google, Amazon, and Cloudflare**. The shift is notable: after 16 years of failed "pay with crypto" campaigns targeting humans, **software agents achieved vertical adoption in just 18 months**. By late April 2026, **69,000 active agents had processed 165 million transactions**. The infrastructure race is accelerating. Agents can now go from prompt to funded wallet in 15 minutes on BNB Chain, operating entirely without human intervention. Major platforms like MetaMask, Coinbase, OKX, and BNB Chain all shipped agent-wallet infrastructure within the same four-week window. **The question isn't whether agentic payments will scale — it's who will control the rails.** [Read the full analysis](https://trustswap.com/blog/ai-agents-are-doing-29-payments-a-second-at-32-cents-each)

A token launch platform called Noxa generated $12 million in fees over just one week before its website suddenly went dark. The platform wasn't hacked and no funds were stolen - it simply vanished. **Key Details:** - Noxa outperformed Pump.fun's best day by 4x in fee generation - Over 60,000 tokens were launched in 10 days on the newly created chain - The platform operated on a blockchain that was only days old - The website is now inaccessible with no explanation provided The incident raises questions about platform sustainability and the risks of launching tokens on unproven infrastructure. Despite the massive fee generation, the operators chose to shut down operations abruptly. [Read the full analysis](https://trustswap.com/blog/noxa-made-12-million-in-a-week-then-it-vanished)

**The regulatory race is on** – and the SEC might cross the finish line first. After years of crypto advocates pushing Congress to establish clear rules, the Securities and Exchange Commission appears poised to **finalize crypto regulations without a single congressional vote**. This administrative approach means rules could be implemented faster than legislation. **The catch?** SEC rules lack the permanence of laws: - A new SEC chair can rewrite or reverse rules quickly - Congressional legislation would provide more stable, long-term clarity - The regulatory landscape remains fluid and subject to political shifts This development highlights the ongoing tension between **administrative rulemaking and legislative action** in crypto regulation. While the SEC's approach may deliver faster results, the industry still faces uncertainty about whether these rules will stand the test of time. The outcome will significantly impact how crypto projects structure their operations and compliance strategies in the coming years. [Read the full analysis](https://trustswap.com/blog/the-sec-will-write-americas-crypto-rules-before-congress-does)

The GENIUS Act prohibits stablecoin issuers from paying interest directly to holders, but leaves a significant gap in its framework. **The Loophole** - Exchanges and DeFi platforms can still offer 4-10% yields on stablecoins - The ban only applies to issuers, not intermediaries or protocols - Platforms route yields through borrowers and lending protocols instead **Why It Matters** - Traditional banks frame this as systemic risk - The real concern: competitive pressure to match higher rates - Stablecoin supply exceeds $300B, generating ~$12B annually in interest **Market Response** - MetaMask's Money Account pays 4% APY via Morpho borrowers - Open USD pays distributors instead of holders - SoFi launched SoFiUSD with zero interest by design The regulatory question remains: will these workarounds survive scrutiny? [Read full analysis](https://trustswap.com/blog/wall-street-isnt-fighting-the-stablecoin-boom-its-fighting-over-who-owns-it)

**Team Finance has launched MintPlus**, a unified platform that consolidates three previously separate token launch steps into a single guided workflow. **What MintPlus combines:** - Token creation (minting) - Liquidity pool setup - Token and liquidity locking Previously, launching a token required juggling three different tools, creating multiple points of failure during handoffs. MintPlus eliminates these gaps by streamlining the entire process. **Key features:** - **Built-in rug-pull protection** through integrated liquidity locking - **Free minting** for new projects - **Guided workflow** that reduces technical complexity The platform allows projects to demonstrate commitment to security by locking team tokens and liquidity pools on-chain, giving community members verifiable proof that founders won't exit scam or drain liquidity. Available now at [team.finance/mintplus](https://www.team.finance/mintplus)

Bitcoin miners have collectively signed **$70 billion in AI compute contracts**, marking a dramatic shift in the industry's business model. **Key developments:** - AI revenue projected to reach **70% of total miner revenue** by year-end - This represents a sharp increase from just 30% in January - CoinShares Co. tracking this rapid transformation **The irony:** The very industry built to secure the Bitcoin network has determined that securing Bitcoin may not be the most profitable path forward. Read the full analysis: [Bitcoin Miners Found a Better Business Than Bitcoin](https://trustswap.com/blog/bitcoin-miners-found-a-better-business-than-bitcoin)

AI agents lack natural spending friction - they don't "feel" money leaving like humans do. This creates a fundamental problem: what happens when an agent's budget runs out mid-task? Major tech companies are responding with new infrastructure: - **Cloudflare, AWS, and Stripe** all launched agent payment systems in 2024 - **Spending limits** are becoming as critical as the payment rails themselves - **Cloudflare's gateway** now charges AI agents per request to access web pages, datasets, and APIs The shift represents a turning point. AI agents are evolving from simple chatbots into software with wallets, permissions, and operating budgets. Without proper guardrails, autonomous spending could spiral out of control. The infrastructure treats AI agents as economic actors that need the same financial constraints humans have - but built into the system rather than relying on emotional friction. [Read the full analysis](<https://trustswap.com/blog/the-webs-oldest-unused-error-code-just-became-a-business-model>)

**YOM ($YOM) is launching on the TrustSwap Launchpad on May 25th at 5 PM UTC.** YOM is building the first Decentralized Cloud Gaming Infrastructure (DePIN) that enables users to stream AAA-quality games instantly without downloads, consoles, or expensive hardware. **Key Details:** - Launch platform: TrustSwap Launchpad - Launch date: May 25th, 5 PM UTC - Technology: Decentralized Physical Infrastructure Network (DePIN) - Value proposition: Instant access to high-quality games without traditional barriers The project aims to democratize access to premium gaming experiences by removing the need for costly gaming hardware or lengthy downloads. [Learn more about the launch](https://trustswap.com/blog/yom-yom-to-launch-on-the-trustswap-launchpad)