DeepSeek is developing its own AI chip, a push that could reduce its reliance on Nvidia and Huawei chips, which it has depended on to train and run its globally popular models. The chip is designed for inference — the stage of AI computing in which a trained model generates responses for users — rather than for training new models.
If successful, DeepSeek's expansion into semiconductor development would mark a major strategic shift for a company widely hailed in China as the country's AI champion, potentially adding to challenges faced by Chinese tech giant Huawei.
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The Hi-Tech Park is working on introducing new types of activities into cryptocurrency legislation, according to Advisor of the Secretariat of the HTP Supervisory Board Filipp Petkevich.
“Legislation introducing a new type of activity – a crypto bank – is about to come into force. This is a new entity combining an HTP crypto-resident and a bank under the control of the National Bank,” he said.
❗️ “As of today we are discussing the so-called copytrading when a user can copy the transactions of another user, trust management, airdrops, and many other things we are discussing,” Filipp Petkevich remarked.
“Both the state and users are interested in having more ways to legally and safely invest their funds, use technology innovations while reducing the risk of falling victim to scammers to an absolute minimum,” he stated.
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Stuart Alderoty, Ripple executive and National Cryptocurrency Association (NCA) president, is pressing US lawmakers to stop sidelining the crypto industry and establish clear regulatory frameworks.
Alderoty calls for serious engagement between policymakers and the crypto sector to ensure the US remains a leader in the digital economy. His remarks come as lawmakers continue debating the CLARITY Act.
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Meta Platforms Inc. debuted a new image-generation AI model, its first such release since the company spent billions to rebuild its AI lab under Chief AI Officer Alexandr Wang a year ago.
The model, called Muse Image, is rolling out Tuesday inside the Meta AI chatbot. It will also be embedded in Instagram and WhatsApp. People can use it to generate images based on text prompts or by asking it to alter existing pictures. Advertisers, too, will soon have access to the model to create marketing materials.
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The U.S. Securities and Exchange Commission is laying the groundwork for cryptocurrency rulemaking before the end of the year, with a blueprint to modify its rules for exchanges and broker dealers.
"The proposed rules may provide greater certainty to the market, facilitate capital formation, and accommodate innovation within the crypto asset markets while, at the same time, ensuring that investors are adequately protected and provided with the information they need to make informed investment decisions," the agency said in the agenda.
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IBM today announces new IBM z17 and IBM LinuxONE 5 configurations, marking the first time IBM is offering rack mount alongside single frame systems across its full Z and LinuxONE portfolio.
Organizations processing highly sensitive workloads at scale are facing record-low data center vacancy and rental rates exceeding $400 per kW/month, according to CBRE’s 2026 Global Data Center Trend Report. At the same time, they need infrastructure that can optimize their data center footprint while prioritizing the resilience required for their core applications.
“With these new IBM Z and IBM LinuxONE systems, we’re making it easier to run workloads where they make the most sense, while opening the door for a wider range of organizations to benefit from these technologies for the first time,“ said Tom McPherson, General Manager, IBM Z and LinuxONE.
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Toyota announced that it plans to double the size of its manufacturing campus in San Antonio by 2030, a $3.6 billion expansion that the Japanese auto company said could generate an estimated 2,000 additional jobs in the state.
The expansion will add a second vehicle assembly line to produce Toyota’s Tacoma truck — one of the company’s top-sold models, according to a 2025 annual report. The company will transfer Tacoma production from its plant in Baja California, Mexico, to Toyota Texas over a four-year period.
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Samsung Electronics Co. has begun mass production of its most advanced data center storage drive, which is set for use inside Nvidia Corp.’s upcoming Vera Rubin platform. The product — the PM1763 enterprise solid-state drive — was unveiled at Nvidia’s GTC conference earlier this year.
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Indonesia awarded Prime Minister Narendra Modi its highest civilian honour, the ‘Bintang Adipurna of the Republic of Indonesia’, in recognition of his contribution to strengthening bilateral ties between the two countries.
The honour was conferred on Tuesday during his high-profile visit to Jakarta this week, taking the total number of foreign government awards received by Modi to at least 35 and making him one of the most decorated serving leaders in the world.
“It is also a tribute to the historic and deeply-rooted ties between India and Indonesia. I sincerely thank President Prabowo, the Government of Indonesia and the people of Indonesia for this special honour,” Modi wrote on X.
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Kassym-Jomart Tokayev has signed a decree titled “On Measures to Stimulate and Develop the Digital Asset Industry in the Republic of Kazakhstan.”
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OpenAI initially rolled out a version of its GPT-5.6 only to select partners, following pressure from the Trump administration to stagger the release. The government has since lifted restrictions on the platform. This week’s launch comes with a green light from US government leadership.
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China plans to allow top AI companies to buy a limited amount of H200 chips from Nvidia Corp., a sign the country is easing restrictions on the coveted US technology.
Chinese officials have informed companies such as Alibaba Group Holding Ltd., ByteDance Ltd. and DeepSeek that they will have permission to purchase some of the processors, which are used to develop AI models. The companies need to say how many chips they need — and why — to get approval.
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Forwarded from T C (Tina)
https://crypto-economy.com/institutional-stablecoin-adoption-fuels-xlm-payments-boom-on-stellar/
INSTITUTIONAL STABLECOIN ADOPTION FUELS XLM PAYMENTS BOOM ON STELLAR
July 7, 2026
•Institutional stablecoin adoption is accelerating on Stellar, with growing support from projects involving USDC, MoneyGram and PayPal, reinforcing the network’s role in digital payments.
•More than $3.3 billion in tokenized real-world assets (RWAs) now operate on Stellar, strengthening its position as a blockchain for financial settlement.
•Protocol 27 aims to improve smart accounts, wallet functionality and developer tools, supporting the next stage of Stellar’s ecosystem growth.
Institutional stablecoin adoption continues to expand across the crypto sector, and Stellar is becoming one of the primary networks benefiting from that trend. The growing use of blockchain-based payment infrastructure has placed XLM payments at the center of discussions about efficient digital finance, while tokenized assets and network upgrades reinforce Stellar’s position as a platform built for real-world financial applications
INSTITUTIONAL STABLECOIN ADOPTION STRENGTHENS XLM PAYMENTS
Institutional demand for stablecoin infrastructure has become one of the strongest drivers behind Stellar’s recent growth. Built around fast settlement and low transaction costs, the network has established itself as an attractive option for companies seeking blockchain payment rails that comply with existing financial regulations.
USDC remains one of the largest stablecoins operating on Stellar, supporting payment initiatives across multiple markets. Partnerships involving MoneyGram have demonstrated how blockchain can simplify international transfers by connecting digital assets with local cash services. Meanwhile, PayPal’s expansion to Stellar adds another recognized financial brand to the ecosystem, increasing confidence in the network’s payment capabilities.
Stellar has consistently prioritized real-world financial applications instead of focusing primarily on speculative activity. That strategy has allowed payment providers and fintech companies to build services that connect traditional finance with blockchain technology while maintaining efficient and affordable settlement.
INSTITUTIONAL STABLECOIN ADOPTION FUELS XLM PAYMENTS BOOM ON STELLAR
July 7, 2026
•Institutional stablecoin adoption is accelerating on Stellar, with growing support from projects involving USDC, MoneyGram and PayPal, reinforcing the network’s role in digital payments.
•More than $3.3 billion in tokenized real-world assets (RWAs) now operate on Stellar, strengthening its position as a blockchain for financial settlement.
•Protocol 27 aims to improve smart accounts, wallet functionality and developer tools, supporting the next stage of Stellar’s ecosystem growth.
Institutional stablecoin adoption continues to expand across the crypto sector, and Stellar is becoming one of the primary networks benefiting from that trend. The growing use of blockchain-based payment infrastructure has placed XLM payments at the center of discussions about efficient digital finance, while tokenized assets and network upgrades reinforce Stellar’s position as a platform built for real-world financial applications
INSTITUTIONAL STABLECOIN ADOPTION STRENGTHENS XLM PAYMENTS
Institutional demand for stablecoin infrastructure has become one of the strongest drivers behind Stellar’s recent growth. Built around fast settlement and low transaction costs, the network has established itself as an attractive option for companies seeking blockchain payment rails that comply with existing financial regulations.
USDC remains one of the largest stablecoins operating on Stellar, supporting payment initiatives across multiple markets. Partnerships involving MoneyGram have demonstrated how blockchain can simplify international transfers by connecting digital assets with local cash services. Meanwhile, PayPal’s expansion to Stellar adds another recognized financial brand to the ecosystem, increasing confidence in the network’s payment capabilities.
Stellar has consistently prioritized real-world financial applications instead of focusing primarily on speculative activity. That strategy has allowed payment providers and fintech companies to build services that connect traditional finance with blockchain technology while maintaining efficient and affordable settlement.
Crypto Economy
Institutional Stablecoin Adoption Fuels XLM Payments Boom on Stellar - Crypto Economy
Institutional stablecoin adoption is driving Stellar's growth as a payment network. More than $3.3 billion in tokenized real-world assets now operate on the blockchain.
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History on a jersey patch: the first-ever crypto sponsorship of a major college athletics program starts today.
"Rare moment where my professional and personal worlds collide: XRP is now the first crypto on the jersey of a major college athletics program, at my alma mater," Brad Garlinghouse wrote on X.
A shared commitment to innovation and excellence
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SpaceXAI has unveiled a new AI model built in partnership with AI coding startup Cursor that’s meant to be more adept at finance, legal and coding tasks.
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This means that Alchemy is a participant in the Stellar Consensus Protocol and helps support network resiliency.
→ transfer history
→ token balances
→ NFT holdings (classic + Soroban)
All of it alongside the RPC, websockets, 99.99% uptime, and SOC 2 reliability already run on Stellar. Same API key as every other chain.
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