Forwarded from Grads
DOE is investing to accelerate fault‑tolerant quantum computing through Quantum Genesis. While networks like Stellar are investing to absorb that shock by moving to quantum‑resistant cryptography on roughly the same timeline. QPP aims to have all Stellar accounts able to add quantum‑safe signers by end of 2027, with enterprise wallets starting as early as 2026. So is Stellar aligning its migration window with the expected inflection point in real‑world quantum capability? 🤔
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Trump pledged to deploy U.S. resources to earthquake-stricken Venezuela, saying that U.S. stands “ready, willing, and able to help.”
At least 164 people have been killed and 971 injured after Venezuela’s most powerful earthquake in more than a century, according to the country’s acting President Delcy Rodriguez. The 7.5 magnitude quake struck 39 seconds after a 7.2 magnitude foreshock.
@QSIMedia
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Matrixdock, Asia's leading Real-World Asset (RWA) tokenization platform, today announced the expansion of its flagship tokenized gold product, XAUm, to the Stellar network, extending institutional-grade access to physical gold through Stellar.
XAUm has grown to rank among the top 4 tokenized gold products globally and Asia's largest, with over 88,000 unique on-chain addresses and 730,000 lifetime transactions across its ecosystem.
“Bringing XAUm to Stellar gives institutions and treasuries access to an asset that strengthens the network's foundation for real-world finance,” said Raja Chakravorti, Stellar Development Foundation Chief Business Officer.
Another step in building the reserve layer for on-chain finance. Physical integrity. Digital utility.
#Stellar
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A bipartisan group launched Thursday with $500 million in funding from tech and other interests to help American workers adapt to AI — marking one of the largest private efforts yet to address growing public anxiety about the technology’s potential to trigger widespread job losses.
The effort is led by two former governors, Democrat Gina Raimondo and Republican Eric Holcomb. Named RAISE US, the nonprofit will work with corporate donors including Anthropic, OpenAI, Amazon, Microsoft, Bank of America, General Motors and pharmaceutical giant Eli Lilly to design and implement programs to retrain workers for new roles, as a way to deter layoffs.
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IBM today unveiled a major semiconductor breakthrough with the introduction of the world’s first sub-1 nanometer (nm) chip technology, featuring a revolutionary transistor architecture at the 0.7 nm, or 7 angstrom node. The achievement marks a landmark moment for an industry facing the physical limits of traditional chip scaling. Semiconductors play critical roles in everything from computing, to appliances, to communication devices, transportation systems, and critical infrastructure.
IBM’s new sub-1 nm chip packs nearly 100 billion transistors onto a chip the size of a fingernail, nearly twice the density of IBM’s 2 nm chip, unveiled in 2021. Enabled by a series of structural and material innovations, including IBM’s groundbreaking three-dimensional nanostack architecture, the technology demonstrates how continued gains in performance and efficiency remain possible even as chip features approach atomic dimensions.
@QSIMedia
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The U.S. and Uzbekistan announced an early harvest agreement on trade and investment during Ambassador Jamieson Greer's visit to Uzbekistan. Under the agreement, Uzbekistan will reduce or eliminate tariffs on a range of U.S. industrial and agricultural products, while the U.S. will provide favorable consideration to Uzbekistan's exports, consistent with U.S. law. Both countries also agreed to strengthen investment cooperation and promote greater bilateral investment.
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⚡️📱 Musk Starts Expanding X Payments to More Users After Delay
Elon Musk is expanding access to digital payment venture X Money to a subset of premium users on social network X, part of his bid to turn the platform into an “everything app.” The company on Thursday released the banking tool built inside X to more US users.
@QSIMedia
Elon Musk is expanding access to digital payment venture X Money to a subset of premium users on social network X, part of his bid to turn the platform into an “everything app.” The company on Thursday released the banking tool built inside X to more US users.
@QSIMedia
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I-Pulse Inc. will receive $250 million in US funding for semiconductor and pulsed-power development as the venture co-founded by Robert Friedland joins American efforts to reduce reliance on foreign-chip supply chains.
The company, which has laboratories in New Mexico, was granted the award by the Department of Commerce’s CHIPS program to develop semiconductor components for a geothermal drilling technique that uses surges of high-power electricity, according to a company statement.
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Donald Trump is expected to take his first trip on the new US presidential plane gifted by the Qatari government when he travels to an event in North Dakota on July 1, according to White House officials.
The inaugural trip aboard the Boeing Co. 747-8 will take the president to a dedication ceremony for the Theodore Roosevelt Presidential Library — one of a series of events steeped in Americana that the president is holding next week to mark the nation’s 250th anniversary celebrations.
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The Philippines, United Arab Emirates and Indonesia will start talks about joining a regional trade bloc, the next step for the three in efforts to expand free-trade ties.
Senior officials from the 12-nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership will being preparatory discussions with the three nations, according to a joint statement from the 12-nation bloc released by Singapore on Friday. The grouping originally began as a US initiative in the Asia-Pacific, but the US quit in 2017, with Japan, Canada, Australia and now the UK the largest members.
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Boeing Co. secured an order from China Southern Airlines Co. valued at $3.62 billion, marking an important win for the US manufacturer after seeing orders dry up from Asia’s largest aviation market in the past decade. China Southern agreed to buy Boeing freighter aircraft, including two 777F and five 777-8F models, while securing options to purchase three additional Boeing 777-8F aircraft, according to a company filing on Friday.
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At the second Pax Silica Summit held in Washington on Thursday, 35 nations signed the Joint Statement on AI Opportunity, aligning behind a pro-growth, pro-innovation regulatory approach for the AI era.
"A future where we ACCELERATE INNOVATION AND PRIVATE INVESTMENT is welcomed. Together, we aspire to build an AI future that serves our peoples, strengthens our economies, and empowers entrepreneurship, innovation, and the rule of law," said Jacob Helberg, US Under Secretary of State for Economic Affairs.🤝
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President Donald Trump threatened to impose 100% tariffs on goods imported from countries that impose digital services taxes, escalating pressure on European nations that just ratified a trade pact with the US.
“Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies,” Trump said in a social media post Friday. “Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America.”
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AllUnity and Zebec announced the launch of an EURAU-based employee benefits and enterprise payments program on the Stellar network. The pilot program aims to expand payroll and workforce payments in AllUnity's regulated euro stablecoin across its ecosystem, including its major enterprise clients and partners.
"Regulated stablecoins are increasingly moving from financial infrastructure to real world business applications," said Simon Babakhani, CEO of Zebec Network.
“This pilot brings together EURAU, the payment infrastructure of the Stellar network, and Zebec's payroll platform to support employee benefits, contractor payments, and workforce disbursements in an enterprise environment. With initiatives like global remittances, tokenized assets, and institutional market infrastructure, Stellar has become one of the most important networks for connecting stablecoins to real world financial activity," Simon Babakhani added.🚀
The Zebec payroll infrastructure is designed to scale, ready to support EURAU streaming across the AllUnity ecosystem, and includes a growing network of enterprise and institutional participants spanning financial services, fintech, and corporate sectors across Europe.
#Stellar
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