alliance

According to the Korea Herald, the South Korean government and industry have established the AI Data Center (AIDC) alliance, planning to cultivate AI data centers into the next generation of export industries through public-private cooperation.

Visa announced its third-quarter financial report for fiscal year 2026, with revenue of $11.6 billion, a year-on-year increase of 14%. Payment transaction volume, cross-border transaction volume, and processed transactions all achieved double-digit growth. In the earnings call, Visa outlined its stablecoin strategy, stating that it is actively investing in various levels of the stablecoin stack, including blockchain, issuance, wallets, infrastructure, and applications. The company announced its membership in the OpenStandard alliance, which plans to issue the OpenUSD stablecoin for global capital flow.The Visa stablecoin platform will provide partners with stablecoin settlement, on-chain wallet-as-a-service infrastructure, and exchange services between fiat and stablecoins, initially supporting OpenUSD. The platform will also integrate with Pismo to provide tokenized deposit support for financial institutions and plans to introduce third-party tokenized deposit infrastructure providers in the future. Visa views stablecoins and AI as complementary technologies, believing that "agent commerce will expand the reachable market and drive future growth." Cross-border transaction volume increased by 13% year-on-year, while processed transaction volume grew by 10%.

NVIDIA CEO Jensen Huang posted a second tweet on the X platform, announcing the establishment of the "Open Secure AI Alliance," aimed at uniting global technology companies to jointly develop security technologies and tools to protect AI software and AI Agents.Huang stated that attackers already possess cutting-edge AI capabilities, and defenders need to establish a cutting-edge AI ecosystem driven by the global community, combining the advantages of both open and closed-source models to enhance AI security capabilities.He pointed out that in the previous Hugging Face security incident, closed-source AI limited critical forensic work, while open-weight cutting-edge models helped the team control the intrusion event, which is also the reason for establishing the Open Secure AI Alliance.According to NVIDIA, the alliance will collaborate with several companies and institutions, including Adobe, Microsoft, Hugging Face, IBM, NVIDIA, Cloudflare, CrowdStrike, Databricks, Palantir, Red Hat, Salesforce, SAP, ServiceNow, SpaceX, and SK Telecom, to develop new AI security technologies and protective tools.

Nine financial institutions and Bitcoin companies announced the joint establishment of the Bitcoin Security Alliance, with founding members including Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity, Galaxy, and Strategy, covering the entire chain of institutions such as custody, trading, infrastructure, payments, and asset management.The alliance commits to providing a total of $15 million in funding over the next three years to support developers and researchers in the field of Bitcoin security, including long-term work to prepare Bitcoin for the future era of quantum computing. Each member independently decides which developers, researchers, or organizations to direct their funding towards. The daily operations of the alliance are coordinated on a voluntary basis by Brink Executive Director Mike Schmidt, with Brink being a nonprofit organization that funds Bitcoin open-source developers.The alliance clearly states that it does not formulate or direct Bitcoin protocols, does not express opinions on specific protocol changes, and does not represent Bitcoin or its developers—Bitcoin development continues to be carried out by a globally decentralized community of contributors. Its positioning is to emulate the model of industry organizations that have long supported open-source software, providing resources and attention to developers without controlling the underlying work.Strategy CEO Phong Le stated, "As long-term holders, ensuring the security of Bitcoin for generations is our greatest incentive"; BlackRock's Global Head of Digital Assets Robert Mitchnick pointed out that the work of Bitcoin core developers is "extremely important," and this commitment will provide "significant additional funding" for Bitcoin's long-term security needs. The alliance will also serve as a reliable source of information for investors, the public, and the media in the field of Bitcoin security, with plans to publish and continuously update materials related to Bitcoin security in the coming months.

According to Bloomberg, producing the world's most popular advanced semiconductors requires a large amount of energy and relies on rare mineral resources. A UK AI startup, CuspAI, which was founded just two years ago, is betting that artificial intelligence can optimize this process and has raised nearly $500 million in funding for this purpose.CuspAI announced the establishment of the AI Materials Foundry alliance. This alliance brings together more than 48 tech giants, industrial companies, and research institutions, including Nvidia, Meta, and Hyundai Motor Group. The alliance aims to integrate the computing power resources and research capabilities of its members to jointly develop AI software, helping researchers develop new materials suitable for chip manufacturing and other industries at lower costs and faster speeds, thereby improving the efficiency of material research and accelerating innovation in advanced semiconductors and related industries.

According to The Block, Samsung Electronics, Dunamu (the parent company of Upbit), and several other South Korean companies have been listed as members of the Open Standard's OUSD stablecoin alliance, but many companies stated that they have not formally agreed to participate.A relevant person from Samsung Electronics told South Korean media that they have not received a formal inquiry and do not know what role they will play. Shinhan Financial Group, Dunamu, and Kbank stated that they only replied "we will look into this matter," and then their names were listed. Other companies claimed they simply responded casually with "we will consider it if things go smoothly," only to find themselves listed, feeling confused.Open Standard announced this week the formation of an alliance consisting of over 140 institutions, including Visa, Mastercard, and BlackRock, with plans to launch the OUSD stablecoin within the year.

ARK Invest Research Director Lorenzo Valente commented on the OpenUSD stablecoin project launched by several institutions. He stated that, despite the strong capabilities of the participants (including Visa, Stripe, Mastercard, BlackRock, Coinbase, etc.), OpenUSD faces multiple significant obstacles:First, there are liquidity and cold start issues; USDC and USDT have already formed strong network effects, dominating exchanges, payment processors, and brokers, making it difficult for the new stablecoin to gain trading pairs and large-scale holding willingness;Second, the decision-making speed of the alliance composed of 500 competitors will be extremely slow, lacking successful precedents, and conflicts of interest will be hard to coordinate;Third, the regulatory and antitrust risks are extremely high; the joint issuance of currency by large banks and card networks is likely to become a regulatory focus;Fourth, the revenue-sharing model results in issuers retaining too little capital, making it difficult to cover high operational and promotional expenses;Fifth, the actual commitments from partners are limited, mostly consisting of letters of intent (LOI), and parties are still supporting competitors, preferring multiple hedges rather than exclusive binding.Valente concluded that OpenUSD is essentially similar to "a DAO of multiple competitors," making it difficult to execute and make decisions quickly, and it may ultimately repeat the governance failures of early DAO projects, which could not be effectively implemented.Affected by the OpenUSD plan, Circle's stock fell over 17% in a single day, and ARK Invest took the opportunity to buy in.

According to Jinshi News, the Eastern Alliance Investment Research Institute stated that the Federal Reserve is expected to remain inactive in the upcoming meetings. The agency pointed out that the current monetary policy has basically returned to neutral, and if energy costs rise and transmit to broader prices while economic growth accelerates, the risk of interest rate hikes will increase. Eastern Alliance expects the trend of slowing inflation to resume in 2027, which will allow the Federal Reserve to cut interest rates next year.

WEEX officially launches the global recruitment for "Star Alliance Partners," aiming to recruit content creators, community leaders, KOLs/KOCs, and ecological partners from the Chinese-speaking market to jointly create an open and diverse Web3 collaborative ecosystem. Eligible partners can learn about the program details and submit their application through the pinned posts on the official Chinese social media.

Alliance co-founder Imran Khan posted on X: "There is a project team within Alliance composed of former team members from Anthropic, exploring a very interesting entry point that focuses on the intersection of cryptocurrency, trading, and AI. The imaginative space and potential market in this direction are much larger than they appear on the surface. We will share more details soon, stay tuned."

Imran Khan, co-founder of Alliance, stated on the X platform that he remains optimistic about the development prospects of the cryptocurrency industry, noting that the market has previously overestimated the speed at which cryptocurrency would become the next mainstream computing paradigm. Many had originally expected cryptocurrency to lead the next platform revolution, but ultimately, it has largely been artificial intelligence (AI) that has taken on this role.Khan pointed out that over the past decade, a significant amount of capital has flowed into the cryptocurrency industry, but a considerable portion of that funding has been used for overbuilding. The industry has not focused on a few applications with clear advantages but has attempted to reshape multiple fields such as finance, social networking, and governance simultaneously. The adjustments and consolidations currently experienced in the market are essentially a natural return after previous overexpansion and do not mean that the core logic of the cryptocurrency industry has failed.He believes that the greatest path to success for the cryptocurrency industry may not be to first create a killer application, but rather to become the global financial infrastructure. As stablecoins, cryptocurrency wallets, tokenized stocks, and on-chain financial services reach more users through digital banking and ultimately serve AI agents, the cryptocurrency network will become the default value settlement layer of the internet. Once these infrastructures are widely adopted, innovations such as DAOs, decentralized markets, and machine-to-machine payments, which were previously difficult to implement due to timing, may finally see true large-scale application opportunities.

DWF Labs co-founder Andrei Grachev stated on the X platform that BitMine and Strategy have a significant chance of causing the largest market crash in cryptocurrency history. I cross my fingers and pray this doesn't happen, but if it does, users should consider what strategies to adopt if Bitcoin crashes to $10,000 to $20,000.As the crypto market has continued to pull back recently, Strategy, led by Michael Saylor, holds 843,706 BTC at an average price of $75,699, with an unrealized loss of approximately $12.27 billion. The Ethereum treasury company BitMine, supported by Tom Lee, currently holds 5,416,901 ETH at an average price of $3,500, with an unrealized loss of approximately $10.35 billion.

The Liberal Democratic Party's Blockchain Promotion Parliamentary Alliance in Japan submitted a policy proposal to Finance Minister Katsuyuki Kitayama, calling for the clear inclusion of blockchain and Web3 in the national strategy. The proposal covers multiple areas including tax reform, cryptocurrency ETFs, leveraged trading regulation, responses to unregistered operators, cryptocurrency strategy, and trade logistics. Among them, the proposal suggests further research on the choice mechanism for "declaration separation taxation" and "withholding separation taxation" for crypto assets, and explores the tax treatment methods for exchanges and inheritance of crypto assets.In terms of derivatives regulation, the proposal believes that the current 2x leverage limit for individual cryptocurrency trading is too low and suggests gradually increasing the leverage level in conjunction with margin management systems. At the same time, the proposal also calls for a clear positioning of the cryptocurrency ETF system and strengthening law enforcement cooperation with overseas regulatory agencies. Katsuyuki Kitayama stated that he will actively promote the construction of related systems, including facilitating the implementation of cryptocurrency ETFs and researching a new tax system to be implemented in January 2028.

AllianceDAO co-founder Wang Qiao stated that ZEC's conservative target is to reach 3% - 5% of BTC's market capitalization, as BTC holders will allocate some assets to ZEC as a hedging tool; the more aggressive target is to reach 15% - 20% of BTC, which is the exchange rate level of silver relative to gold.Wang Qiao also believes that if a catastrophic event occurs with BTC, such as a large sell-off by Saylor or a quantum attack, ZEC has the opportunity to surpass BTC. ZEC has risen over 25% in the past month, with a market capitalization exceeding $10 billion. As of the time of writing, ZEC's market capitalization is reported at $10.9 billion, while Bitcoin's market capitalization is approximately $1.54 trillion. If ZEC can achieve this prediction, there is still a potential for a 3 - 6 times increase.

Recently, the decentralized AI infrastructure DGrid AI announced its official participation in the "0G AI Alliance Million Token Carnival" event. This event is jointly initiated by NeoSoul, 0G, and several ecological projects, and is now live on task platforms such as Galxe and TaskOn. Users who complete actions such as following, joining communities, and participating in designated tasks will have the opportunity to receive rewards including project tokens, ecological points, SBT, and USDT.As an infrastructure project focused on decentralized AI computing power and model services, DGrid has launched several core products, including the AI Gateway that aggregates mainstream global large models, the AI intelligent entity platform DClaw, the AI model competition platform AI Arena, and the intelligent model assistant Dori, providing developers and users with a one-stop service from model invocation to application experience. This carnival is DGrid's ecological debut aimed at a broader community, welcoming more users to learn about and experience DGrid's products and services through the event.