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The crypto world is watching Washington closely this week, as Jefferies warns that the Digital Asset Market Clarity Act faces a serious test in the Senate. The bank says passage would open the door to wider institutional adoption, while continued delays leave markets in the kind of regulatory fog that tends to keep larger players on the sidelines.
Staying in crypto, Circle saw its stock slide roughly eight percent after a new competitor entered the stablecoin arena with serious backing. Open Standard's Open USD network counts Stripe, Coinbase, and BlackRock among its supporters, and its pitch is direct — let partners keep reserve income and charge no minting fees, which cuts right at the business model Circle has built around USDC.
On a lighter but genuinely clever note, someone in the hardware community has figured out how to make Valve's Steam Controller charge itself automatically. It is the kind of small, obsessive engineering project that thrives in open-source circles, and it is a reminder that dedicated users often outlast the companies that made the products they love.
Keep surfing. Tech Beat out.
