Pulse check live from ETH Denver: Incredible builder activity. AI (agents, DeAI infrastructure) with oversized mindshare. No talk about price (obviously). No one cares about memecoins and NFTs. All major VCs and chains present.

Big news: we’re launching the beta of our AI agent intelligence platform. If you want early access (and you should), join the waitlist.

What you shouldn’t miss: Yesterday, the SEC decided memecoins aren’t securities — for now.

As, Bank of America is quietly prepping a USD-pegged stablecoin, supply just hit $227B (ATH). And the heat is on. Circle wants all stablecoin issuers to register stateside, while Tether — sitting on $115B in U.S. Treasuries — says it’s being unfairly targeted.

What they’re saying: Jerome Powell, Chair of the Federal Reserve of the United States, says:

“The Federal Reserve definitely supports efforts to create a regulatory framework around stablecoins. They may have a big future with consumers and businesses, and it’s important that stablecoins develop in a manner that protects consumers and savers, that there be a regulatory framework.” 

On the AI front: CoreWeave, the cloud computing provider, is apparently rushing to an IPO aiming to raise $4B at a valuation of $35B. Overvalued? Maybe.