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THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

U.S. HOUSE STABLECOIN BILL GOES LIVE IN FLURRY OF CRYPTO ACTIVITY ON CAPITOL HILL

The House of Representatives has released its version of stablecoin oversight legislation, known as the STABLE Act, to regulate the issuance of dollar-denominated digital tokens. It requires coins to be backed by high-quality liquid assets, allows them to be issued by depository institutions or state-regulated entities, and imposes a moratorium on algorithmic stablecoins for two years. The bill is part of a larger legislative effort to bring more clarity to the crypto industry and overturn IRS regulations impacting DeFi brokers. Lawmakers at the DC Blockchain Summit have expressed optimism about finalizing these frameworks by August.

AI X CRYPTO THESIS 2025

Decentralized onchain AI models will introduce commoditized cognition, which will fundamentally reshape how AI is built, deployed, and monetized. Traditional pre-training has hit a plateau, which is driving a shift toward specialized fine-tuning, advanced inference-time compute, and memory innovations. Onchain AI models can unlock novel mechanisms like revenue-sharing and collateralized lending to attract institutional investment and community participation.

AI'S BIGGEST GRASSROOTS MOMENT

Grass Network utlilizes a decentralized web scraping system that incentivizes participants to contribute unused internet bandwidth to create structured, verifiable datasets for AI training. The platform tackles challenges in data quality and accessibility – like data poisoning and monopolized data – by using residential IPs and blockchain-based provenance tracking. It has expanded to 3 million users and billions of URLs indexed. Future upgrades promise a 10x boost in processing speeds and support for multimodal data.

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