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Looking at world events through the lens of Stellar's future

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June 2, 2026:

Rollup Interviewer:
I’m curious how the partnership with Stellar & DTCC separates itself from the broad partnership and DTCC & 50+ participants?

Denelle Dixon:
It’s all based on the technology. Stellar was built for this from 🔠🔠🔠1️⃣

A lot of the folks at 🔠🔠🔠🔠, especially in the Digital Assets Group, have been working with Stellar since I’ve been here — so since 2️⃣0️⃣1️⃣8️⃣〰️2️⃣0️⃣1️⃣9️⃣📌

They’ve been doing a lot of work to help to build the protocol to the level that it needed to get to for these kinds of institutions to be able to build on it and have the clawback functionality, the freeze functionality… all of those necessary components from a compliance standpoint built in at the core

So you do NOT have to build a smart contract, and you do not have to do this if you don’t want to. You can, but you don’t have to because all of these things in addition to privacy are built in at the core layer

Our tech stack has been proven. We have been building from institutions since 🔠🔠🔠1️⃣

🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠🔠 built the first money market fund on Stellar and started that in 2️⃣0️⃣1️⃣9️⃣📌

They did that without coming to us; they did that by picking the tech stack for the value of the tech stack

So some of these folks that actually are at DTCC are the ones that helped us to get there: that’s the beauty of open public networks, by the way


https://x.com/therollupco/status/2061518237313982609/video/1?s=46


Here is another great public proof straight from Denelle that DTCC helped co-create Stellar’s protocol since 2018 for their own use and Franklin Templeton has also been using Stellar’s protocol since 2019 and also happens to be a Tier 1 Validator Node 🆒

Even though FT didn’t make formal announcements about their partnership with Stellar until 2️⃣0️⃣2️⃣3️⃣ 🤣

And DTCC didn’t announce their partnership until August 2️⃣0️⃣2️⃣5️⃣🤣


NDAs expire much? 🥰



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⚖️ U.S. House tax committee weighs crypto bills, including relief for small transactions

A set of seven crypto tax bills are being circulated in advance of a hearing of the U.S. House Ways and Means committee next week, with each of the legislative drafts tackling its own narrow aspect of digital assets tax treatment, including relaxing demands for taxes on small transactions and the assets gains in mining and staking.

❗️The committee that oversees tax issues is set to discuss the ideas on June 9.

The various proposals include:
→ eliminating tax demands on certain small ( or "de minimis") transactions,
stablecoin activity and network fees;
→ governing the taxation of assets acquired through crypto mining;
melding digital assets with existing tax treatment of securities;
→ applying so-called wash sale rules to crypto;
→ and cutting out an appraisal requirement in digital asset donations to charity.

Though the Digital Asset Market Clarity Act has been the top U.S. policy focus of the crypto industry, Washington lobbyists have routinely said that crypto tax policy was next in line.

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⚡️🇺🇸 Trump Signals Interest in US Owning Stakes in Key AI Developers

President Donald Trump expressed interest in the US government holding equity stakes in leading AI developers, saying that he planned to discuss the idea of a partnership with AI companies’ executives as soon as next week.

“There are concepts where pieces could be given to the American public, where the American public essentially becomes a partner with the companies,” — Trump said Friday when asked about the idea by reporters aboard Air Force One. “There’s something very interesting about it, where it almost becomes a partnership with the American public, and we’ll look into that.”


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🤝 Google Buying Computing From SpaceX in $920-Million-a-Month Deal

Alphabet Inc.’s Google has agreed to pay SpaceX $920 million a month for computing power as part of a cloud-services deal that runs through mid-2029, according to a company filing.

Google will pay SpaceX the monthly fee from October through June 2029, with capacity ramping up through September at a reduced cost, SpaceX said in the filing Friday. If SpaceX fails to deliver the access to Nvidia Inc. chips as part of the deal by Sept. 30, Google has the right to terminate the contract, with a one-month grace period, the filing shows.

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🤑 Ripple CTO David Schwartz breaks down how XRP's utility has evolved from a Bitcoin alternative to the backbone of real-world asset tokenization. XRP in a Minute.⌛️

#Stellar

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🇺🇸 Seattle to pass one-year AI data center moratorium next week

Two city council committees just passed a data center moratorium in Seattle, making it the biggest jurisdiction in the U.S. to enforce a ban on these projects. But the moratorium and an accompanying resolution must still go through a full council vote on Tuesday, June 9, 2026.

The city intends to spend the one-year hold on data center development to study its impact on the community surrounding it and what the local government should do to ensure that its constituents benefit from the project. This includes putting up pollution standards, determining energy connection requirements, setting contract terms, setting labor standards, and other regulations that will apply to data centers.

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🤝 Grok Becomes the Voice of Vapi. Bringing frontier voice quality to millions of Vapi agents.

Grok announced a partnership with Vapi to serve as the default engine for Vapi's 12 core voices, bringing a new level of naturalness and emotional range to the 2.5M+ voice agents built on the Vapi platform. Vapi conducted an independent, blind evaluation comparing Grok Voice against other providers. In their head-to-head arena, Grok took the #1 spot.

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🚀 US firm claims space-ready battery can withstand extreme temperatures on Moon

Battery manufacturing firm Solidion Technology has unveiled a new platform that it claims could support future satellites, spacecraft, lunar infrastructure, and low-Earth orbit AI data centers by combining extreme-temperature performance with next-generation lithium metal battery technology.

The Dallas-based company said its Generation Extreme-Climate Battery (Gen-ECB) platform is designed to operate in some of the harshest environments encountered in space missions. According to Solidion, the technology uses graphene’s thermal conductivity and radiation resistance to help regulate battery temperatures and improve reliability. The battery system can function in temperatures ranging from -80°C to +60°C.

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🇨🇳🇳🇿 China, New Zealand Hold Trade Talks to Deepen Cooperation

China and New Zealand
held a bilateral trade commission meeting in Beijing on Friday, where officials exchanged views on deepening economic ties and cooperation in regional and multilateral frameworks. 🤝

Chinese Vice Commerce Minister Li Chenggang said both sides should further promote trade and investment cooperation and advance negotiations on a services trade “negative list” under their free trade agreement, according to a statement from the commerce ministry on Saturday.

#BRICS

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⚡️🇪🇺 EU Plans Lower Taxes on Clean Energy in Drive to Cut Power Bills

The European Union is developing plans to cut taxes on renewable energy and make electricity systems more flexible as high costs continue to weigh on the region’s economy. The European Commission plans to propose a new regulation next month that introduces goals for smart meter adoption and tax changes designed to promote clean energy, according to a draft document.

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🤖 Circle CEO Built an AI Version of Himself

Jeremy Allaire, the C.E.O. of the stablecoin company Circle, trained an A.I. agent to think and write like him, feeding it his podcast interviews, his public writing and a corpus of internal communications. He called it the “Jeremy Allaire skill.” The bot helped him compose drafts.

“People can interact with the Jeremy Allaire skill on their own before they actually, you know, bring something to me,” — he told DealBook, adding, “It’s available to everyone in the company who wants to have a dialogue with me.”


Jeremy Allaire decided to let the bot talk to his more than 1,000 employees. Because while Allaire can’t meet with everyone, he realized that the A.I. version of him can.

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🛰🇧🇴 Starlink is connecting more than 1,000 people including students and teachers across 14 schools in Bolivia to reliable high-speed internet, enabling them to build digital skills and improve literacy levels

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🤑🤑 Why XRP, XLM, and HBAR Will Benefit from CLARITY Acts and Others

Hedera, XRP, and Stellar posted some of the strongest returns among 20 tracked index constituents last quarter. The three assets rallied 367%, 240%, and 237%, respectively.


⤴️ These numbers come from a document, which revealed that “Layer 1 coins from the previous cycle outperformed the rest in the previous quarter.”

That performance did not happen in a vacuum. These assets spent years under intense regulatory scrutiny, with authorities frequently labeling them as securities. That pressure tested their networks, their communities, and their staying power, and they endured it.

⚔️ XRP’s history with the U.S. Securities and Exchange Commission (SEC) is well documented. The years-long legal battle shaped how the market perceived the asset.

However, the assets still performed, and now the environment is shifting. 🔄

❗️The current U.S. administration has signaled a more favorable stance toward the crypto industry.

The document
pointed directly to this shift, noting that “with a more favourable regulatory environment expected under the new U.S. administration, these assets are likely to operate with less regulatory scrutiny.” 📄

➡️ The previous quarter demonstrated that these assets can generate significant returns. The regulatory environment that previously limited their growth is now easing.

These three assets faced more regulatory pressure than most of the market and survived it. Now they stand to benefit directly from the policy shift underway in the U.S. The evidence from last quarter’s performance supports that view. 🤪

#Stellar

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🆕 Elon Musk to Attend ASML’s Private Tech Event to Discuss Terafab

Elon Musk will virtually attend a closed door technology conference run by ASML Holding NV to discuss his Terafab project, which the chip-equipment maker considers a “serious endeavor.” ASML invited Musk to speak to employees about Terafab, a SpaceX-Tesla joint venture to produce cutting-edge chips for robotics, AI and space data centers.

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💭 Trump administration, OpenAI discussing possible government stake in the AI startup

OpenAI CEO Sam Altman and the White House are in ongoing talks about a possible government stake in the AI company. The discussions have been in progress for more than a year, as Altman first shared the idea with the Trump administration in 2025.

The talks continued this week as Altman met with a range of lawmakers and officials in Washington about regulation and the latest developments in AI. As part of the potential agreement, OpenAI could donate equity to the U.S. government to seed something like the “Public Wealth Fund”.

“The fund could invest in diversified, long-term assets and would enable citizens to participate in the “upside” of AI growth, possibly by receiving the fund’s returns directly,” — OpenAI said.


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💊 Innovega’s smart glasses aim to improve sight for people with visual impairments

Innovega, a company known for its augmented-reality contact lens technology, has turned its focus to a different product for now: smart glasses for people who are visually impaired. Nearly 300 million people worldwide who’ve lost a significant amount of their vision, leaving them unable to read a menu, for example, or recognize a face across the room.

➡️The product, which Innovega calls Gen One, looks like an ordinary pair of glasses and weighs under 70 grams. A camera in the frame captures the scene in front of the wearer. Software tuned to that person’s specific vision condition adjusts magnification, brightness, contrast and sharpness. The result appears on transparent micro-OLED displays over each eye.

➡️When the displays are off, the wearer looks through clear lenses. A tap on the frame or a voice command brings the enhanced view up. The glasses tether to a smartphone for processing.

“The goal is to substantially change the quality of life and independence of tens of millions of people in the U.S. and hundreds of millions globally,” — said Steve Willey, Innovega’s CEO and co-founder.


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🔥 Crypto Council for Innovation launches coalition to push for regulatory clarity on vaults

A new coalition is forming, focused on crypto vaults, an increasingly popular mechanism for depositing digital assets and earning yield.

The Crypto Council for Innovation launched the Vault Coalition, with backing led by Galaxy and Morpho. BitGo, a16z, the Avalanche Policy Coalition, and Sharplink are also part of the coalition. 🤝

➡️ Crypto vaults are smart contracts that pool together deposited funds that are then generated to create yield. The process then gives each depositor a vault receipt token representing their share. Over the past year, firms have launched vaults, including Kraken and Tesseract.

❗️Despite their growing experimentation, CCI said vaults are subject to regulatory ambiguity.

“We are at an inflection point," — said Morpho General Counsel Christopher Robins in the statement. "Institutional participants are prepared to deploy, but they require a clear legal roadmap to move forward. The Vault Coalition exists to transform industry expertise into the foundational standards the market demands."


Regulators in the U.S. have opened doors for digital assets amid a friendlier administration to the industry. Over the past year, the SEC has put forth a token taxonomy to clarify its stance on cryptocurrencies. SEC Chair Paul Atkins has also embarked on "Project Crypto" to update the agency's rules around digital assets. 🔄

CCI also references a speech Atkins made last month, where he said the agency needs to clarify how its regulatory framework applies to software applications and specifically called for clarity around crypto vaults.

The new coalition will focus on writing legal analysis, developing policy principles, and focusing on its regulatory treatment, CCI said. 🚀

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🇺🇸 Illinois Governor Orders Pause on Data Center Tax Credits

Governor JB Pritzker issued an order pausing state tax incentives for data centers in Illinois after the state legislature stalled his plan to keep data-center energy costs from affecting local residents’ bills. Pritzker said his order was in response to the legislature’s failure to raise data centers’ electricity rates, given their high energy usage, which he asked them to do in February.

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🚗🇫🇷 Tesla Model Y was France's best-selling EV in Q1 2026 with 10,670 registrations, its strongest first quarter ever in the country.

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