The US financial landscape just hit a massive pivot point. President Trump has officially called for a 10% cap on credit card interest rates, effective January 20, 2026.
In a move targeting "affordability," this proposal aims to slash the 20–30%+ rates that have become the norm for millions of Americans.
🛑 Why This Matters for the Markets:
Liquidity Boost: If debt service costs drop, household disposable income could surge, potentially flowing into "risk-on" assets like Crypto.
Banking Volatility: Big banks (JPM, BAC, C) are facing a massive threat to their high-margin interest income.
Credit Crunch Risk: Critics, including Bill Ackman, warn this could lead to banks canceling cards for millions of high-risk borrowers.
🛰️ TRENDING ALPHA: TOKENS ON THE MOVE
As the "Trump Trade" shifts from energy to consumer finance, keep these tickers on your watchlist:
$GMT (STEPN): Seeing high social sentiment as retail "spending power" narratives gain steam.
$ID (SPACE ID): A key player in decentralized identity; watch for volatility as digital finance regulations shift.
$GPS (Aeryus): Deeply tied to fintech infrastructure and payment rails.
💡 THE VERDICT:
Whether this is a masterstroke for the working class or a disruptive force for the banking sector, the January 20 deadline is now the most important date on the financial calendar.
"We will no longer let the American Public be 'ripped off' by companies charging 30% interest." — President Trump
Is this the start of a "Debt-Free" rally for Crypto? 👇 Drop your thoughts in the comments!