RaaS #629: TRON Drops $1B in AI Fund!

Balancer Scales Down, SUI Staking Lives On Revolut, and Moar!

SWIFT confirmed 25+ banks will go live by June using blockchain for 24/7 cross-border payments. This is legacy finance quietly laying RWA rails while everyone's distracted by memecoins. The institutional plumbing is being built in real time.

TRON DAO unveiled a $1 billion AI fund targeting identity, payments, RWAs, and autonomous finance. Building on their 2023 AI-blockchain convergence thesis, this positions TRON to capture the intersection of two of crypto's hottest narratives.

A revised draft of the Clarity Act has surfaced, banning yield on stablecoin balances to avoid similarities with bank deposits. Activity-based rewards may still fly, but the framework remains murky. Expect stablecoin issuers to get creative with compliance workarounds.

Your daily dose of bite-sized crypto news.

1. James Wynn is back and shorting Bitcoin, degen whale activity returns.

2. One entity controls ~50% of $SIREN with over $1B in a single cluster.

3. Strategy announces new $21B $STRC ATM and $21B $MSTR ATM programs.

4. Ethereum Foundation outlines L1/L2 vision with L2s shifting to differentiated services.

5. Binance CoCEO calls crypto the new global commerce standard as 21M+ merchants onboard Binance Pay.

Balancer Labs is shutting down operations, with the protocol sticking around under a much smaller team. Another DeFi OG is trimming the fat as bear market economics force a hard choice

Deloitte Canada is partnering with Stablecorp to build a stablecoin payment infrastructure for Canadian institutions using a CAD-pegged stablecoin. TradFi consultants going native is the signal. Enterprise adoption is accelerating north of the border.

SUI staking is now live on Revolut, allowing users to stake directly within the app. Fintech meets L1. Revolut keeps expanding its crypto surface area while traditional banks watch from the sidelines.

Can't believe Anthropic paid to make this.

Top Gainers: ONT, PEAQ, SN4, SYND, DUSK.

High-signal reads are worth your time, all in one place.

1. I spent 5 months getting rejected by banks to build a crypto neobank.

2. Yield is falling from Sky… but where is it coming from?

3. The Bear Case for Bittensor (TAO)

4. Buyback, Fee Switch, or Reinvest?

5. I turned my client into a millionaire using Claude Code.

Jupiter launched Offerbook, the first permissionless money market with fixed rates, fixed terms, and intent-driven mechanics. Money markets shouldn't dictate terms; users should. Jupiter continues building the financial primitives Solana deserves.

Ryan Yi introduced Onchain Group (OG) after leaving Coinbase, focused on architecting transactions that create new markets. From the Coinbase-Morpho deal to token restructurings and acquisitions, OG is betting capital structure needs a crypto-native upgrade.

Polymarket expanded its Referral Program from private beta to all traders with >$10k in volume. Refer new users, earn proportionate to their trading volume. Prediction markets are going into full growth mode.

That’s all for today!