Foresight News takes you to quickly browse this week's hot topics and recommended content:
01 DeFi Day
《"DeFi Day" Magic Revealed, Will ETH Ecosystem Rise?》
02 Binance Alpha Ecosystem
《Binance Alpha Ecosystem Overview: Projects in Each Sector Waiting for You to Dig!》
03 Stablecoins
《Airwallex Founder Challenges Stablecoins, Will Circle Become the New Payment Giant?》
《Retail Investor Dilemma: Difficult to Participate in Stablecoin Business》
《ARK Invest: Stablecoins Will Become the Most Resilient Financial Ally of the US Government》
04 Crypto and AI
《a16z: 11 Application Scenarios of Crypto and AI Integration》
《Bloomberg: Texas University, Which Made Its Fortune from Oil, Wants to Make Money in Crypto and AI》
05 Industry Insights
《Marc Andreessen, the "Operator" of White House Tech Power》
《X Platform Massively Bans Crypto Accounts, Many Chinese-Speaking Big V's Caught》
01 DeFi Day
On June 9th US time, the speech "DeFi and the American Spirit" by the new SEC Chairman Paul Atkins marked a fundamental change in US crypto regulation. Meanwhile, CZ publicly stated on social media: "June 9th will be remembered as DeFi Day". Will regulation be relaxed and DeFi Summer return? Recommended article:
《"DeFi Day" Magic Revealed, Will ETH Ecosystem Rise?》
<... (rest of the translation follows the same pattern)In ARK's 'Big Ideas 2025', we estimate that the total stablecoin supply could reach $1.4 trillion by 2030. If Tether and Circle maintain their current market share and U.S. Treasury allocation, they may collectively hold over $660 billion in U.S. Treasuries, close to China's current $772 billion position, second only to China and Japan.
Clearly, Tether, Circle, and the broader stablecoin industry could become one of the largest sources of demand for U.S. Treasuries in the coming years, potentially replacing China and Japan as the largest holders by 2030. If so, the stablecoin industry could make a significant contribution to lowering long-term U.S. interest rates.
04 Crypto and AI
The concept of Crypto and AI systems mutually empowering has long existed, but the combination of the two has lacked clear definition. This article by a16z shares 11 cross-border application scenarios of AI and Crypto, aiming to explore potential possibilities and challenges in their integration, and look forward to more innovative directions. Recommended article:
《a16z: 11 Application Scenarios of Crypto and AI Integration》
We have the opportunity to design agent infrastructure from first principles. So, how can we build a more comprehensive, trusted neutral identity layer than DNS records? Agents should not repeat the pitfalls of "identity tied to discovery, aggregation, and payment functions" of monolithic platforms, but should be able to accept payments and display functions across multiple ecosystems without worrying about being locked into a specific platform. This is the value of cross-border integration between Crypto and AI - the permissionless composability provided by blockchain networks can help developers build more practical agents and better user experiences.
Overall, vertically integrated solutions (like Facebook or Amazon) currently offer better user experiences. One inherent challenge in creating excellent products is ensuring that components work top-down. However, this convenience comes at a high cost, especially as the cost of building agent aggregation, marketing, monetization, and distribution software continues to decrease and the coverage of agent applications expands. Although achieving the user experience level of vertically integrated platforms still requires effort, building a trusted neutral identity layer for agents will enable entrepreneurs to independently control their "digital passports" and drive innovation in distribution and design.
The University of Texas has begun leasing land for renewable energy, battery storage, and cryptocurrency data centers, creating revenue sources that barely existed five years ago. How did this university make money in the Crypto and AI fields? Recommended article:
In the year ending last August, these ground-facing projects generated nearly $130 million in revenue. This is the highest amount ever, about 5 times that of 15 years ago. This revenue exceeds half of the scholarships and financial aid granted by the University of Texas at Austin (the state's flagship campus) that year.
05 Industry Insights
As Elon Musk's relationship with Donald Trump dramatically fractured, other tech giants have been quietly laying out their influence in Washington for years. Among these giants, few have had an influence as profound as Mark Andreessen's. Recommended article:
《Mark Andreessen, the "Operator" of White House Tech Power》
Since Trump took office, companies associated with Andreessen have achieved significant victories: the SEC withdrew civil enforcement actions against Coinbase Global Inc.; OpenAI was included in the planned $500 billion Stargate AI infrastructure project; defense tech startup Anduril will manage and manufacture new infantry goggles for the U.S. Army, with a contract potentially exceeding $20 billion.
At the same time, some warn that being close to Trump does not guarantee favorable outcomes. Musk was once close to Trump as the head of DOGE (Digital Office of Government Execution) but recently publicly broke with the president, with Trump threatening to terminate government contracts for SpaceX and Tesla. Coinbase is facing a new SEC investigation about potentially misreporting user numbers, with Coinbase's chief legal officer stating this is a legacy issue from the Biden administration that "should not continue". Additionally, like many industries, the tech industry has been damaged by Trump's unpredictable tariff policies.
"They put their eggs in Trump's rather fragile basket," O'Mara said, "It's a high-stakes gamble that could succeed or fail."
On June 12, X (formerly Twitter) experienced a large-scale account suspension event, affecting many crypto KOLs and official project accounts. This action drew widespread community attention, with many active accounts impacted in both Chinese and English circles, including GMGN's official account and founder, Kill Wolf, Wang Xiaoer, Wizard, and the ElizaOS team. Recommended article:
《X Platform Massively Bans Crypto Accounts, Many Chinese-speaking Big V Accounts Caught》
This event quickly sparked panic in the Chinese community. Some even claimed in Telegram and WeChat groups that "project teams in Shenzhen were raided" and attributed the event to some offline law enforcement action.
However, logically, such claims are basically untenable. As an American company, X's risk control mechanism relies on the platform's own content algorithms and signal models, with no direct information channel to Chinese local law enforcement. The account suspension is essentially a platform behavior, not external intervention. Some speculate this was a business war initiated by competitors, triggering X's risk control mechanism through concentrated reporting to achieve competitive purposes. This claim remains unverifiable. There's even a circulating theory that this event is related to a political meme with hints of "Trump and Musk's words", with some banned accounts having posted or shared this image.
