The IMF’s Tobias Adrian cautioned that tokenization is not inherently stabilizing. Moving assets onto shared digital ledgers can improve settlement speed, but it can also shift risk toward platforms, code, governance systems, and cybersecurity—areas regulators are still learning to supervise.
Adrian highlighted three key settlement “money rails” that will shape outcomes: tokenized bank deposits, stablecoins, and tokenized central bank reserves. The regulatory challenge, he argued, is ensuring interoperability and legal clarity so liquidity doesn’t get trapped in disconnected networks.
Source: FinanceFeeds
Revolut to Delist USDT Deposits Ahead of August Deadline
Revolut will reject USDT deposits starting July 30, with a full delisting of the token scheduled for Aug. 31, 2026. The firm says the decision is driven by regulatory and risk considerations as European platforms adapt to MiCA-aligned stablecoin rules.
For users, remaining USDT balances will be automatically converted at the prevailing exchange rate by the end of August. The move underscores how stablecoin distribution is tightening even when there is no blanket prohibition on the underlying token.
Source: FinanceFeeds
CLARITY Act: Major Sheriffs Group Drops Opposition After Section 604 Concerns Narrow
The Major County Sheriffs of America reportedly shifted to neutral on the CLARITY Act after saying some concerns—particularly around Section 604—were addressed. The group had previously warned that parts of the bill could create investigative “gaps” for crypto-enabled crime on decentralized platforms.
Even with the change, the bill still faces political headwinds, including pushback from banking groups and unresolved questions about stablecoin yield, DeFi oversight, and how law enforcement access will work in practice.
Source: FinanceFeeds
Open USD Stablecoin Unveiled by 140-Company Consortium Threatens Circle’s Yield Model
A new dollar stablecoin—Open USD (OUSD)—was unveiled by Open Standard, a consortium of 140+ companies including Visa, Mastercard, Stripe, BlackRock, Coinbase, Google, and BNY. The key economic claim: members can mint/redeem at par with no fees and receive nearly all reserve earnings, rather than the yield being retained by a single issuer.
However, OUSD is not live yet and the licensing/issuer structure remains unclear. The market reaction to the announcement points to potential pressure on Circle’s distribution-heavy revenue model, even if supply displacement is likely to take years.
Source: FinanceFeeds
Micron Sets Stage for Expansion: Japan Plant Upgrade Signals Continued AI Memory Demand
Micron marked progress toward scaling capacity with plans for a roughly $9B plant expansion in Japan. The move comes as memory producers remain central to the AI infrastructure buildout, where faster growth depends on sustained supply expansion.
For markets, capex announcements like this tend to reinforce the durability of the AI memory cycle—though investors will still watch whether demand growth keeps pace with new production.
Source: SeekingAlpha All
Tesla Caps Employee AI Spending at $200/Week as Company Tightens Controls
Tesla is limiting employee AI spending to $200 per week, reflecting tighter internal governance over AI tools and related costs. In a period when corporate AI adoption is accelerating, spending caps can be a signal of shifting priorities—particularly around productivity, compliance, and budget discipline.
The policy may also affect how quickly teams can experiment with new models, compute, and data tooling—an issue investors increasingly consider when valuing technology execution.
Source: SeekingAlpha All
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