INSIGHT: @Circle CEO @jerallaire says $USDC is entering around 50 emerging markets across Southeast Asia, Latin America and the Middle East, calling it “an inflection point” from early adopter phase to mainstream scaling, per Reuters.

$DELL SIGNS MOU WITH JERA, RHAELM FOR $15B+ JAPAN AI INFRASTRUCTURE PROJECT Dell, JERA and RHAELM plan to build a standardized model for large-scale AI infrastructure in Japan, starting with a 400 MW project in Chiba. The first site is expected to exceed $15B in total investment across land, power, construction and AI compute. JERA will provide behind-the-meter power from its existing plant, RHAELM will develop and operate the site, and Dell will supply the rack-scale AI infrastructure. Apollo $APO intends to serve as RHAELM’s strategic financing partner. Operations are targeted to begin in phases in 2028 and reach the full 400 MW in 2029. The partners are also exploring additional JERA sites, with a broader goal of building multi-gigawatt AI capacity across Japan. The FT estimates the wider infrastructure push could reach roughly $140B.

Circle CEO @jerallaire isn't fazed by the Senate's decision to block the CLARITY Act. He believes regulators will keep moving crypto market structure forward, and Congress will eventually catch up with additional laws. "The key thing is that a year ago The GENIUS Act, which makes digital dollars legal in the U.S. financial system, became federal law. So a lot of our work is done." "CLARITY is about how trading venues get set up, clarifications around how DeFi is treated, etc. It's market structure." "The agencies that regulate these things, like the CFTC, the SEC, even the bank regulators too, they're all just going to move forward and regulate it themselves." "Eventually we'll get additional laws passed through Congress."

JUST IN: @circle CEO @jerallaire has issued a statement after $CRCL fell over 16%, arguing Open Standard Dollar ($OUSD) will struggle to match $USDC’s network effects, global liquidity and regulatory reach.