The U.S. Senate Banking Committee voted 15–9 to advance the CLARITY Act, signaling progress toward clearer regulation of stablecoins like Tether's USAT, a U.S.-compliant dollar token. USAT aims to serve domestic institutions needing regulated on-chain dollars, distinct from Tether's global USDT stablecoin. Although USAT's market share is currently small, its rapid growth and the potential for regulatory clarity could enable it to gain traction among U.S. banks, fintechs, and corporate treasuries. The future success of USAT depends on securing exchange listings, banking partnerships, and compliance with evolving rules, as well as overcoming liquidity and operational challenges.
Auddia Inc. has started developing the McCarthy Finney Operating System (MCFN-OS), an AI-native, Web3-enabled platform designed to automate workflows and support multiple subsidiaries with agentic AI and blockchain trust. The first production module ...
US Signal is significantly expanding its Aurora, Illinois data center to increase power capacity and resiliency, supporting growing enterprise needs for hybrid cloud, AI infrastructure, and data protection. The multi-phase upgrade will more than doub...
Girard Sharp LLP is investigating potential securities claims for former investors of Blue Owl Capital Corp. III and Blue Owl Technology Finance Corp. II after their shares were converted in mergers in early 2025. Since the mergers, Blue Owl Capital'...
InterPrivate Investment Partners V, a special purpose acquisition company (SPAC), priced its initial public offering at $175 million, selling 17.5 million units at $10 each. The units include one Class A share and one-third of a warrant, with warrant...
TSMC CEO C.C. Wei warned that the company faces long-term manufacturing capacity constraints amid rising AI chip demand. He indicated potential price increases for advanced chips to maintain profitability but emphasized a focus on sustainable growth ...
