Today's News Recap
Visa Expansion - Visa adds support for PYUSD and USDG, expands settlement to Stellar and Avalanche.
Conviction Overturned - Court overturns fraud conviction of OpenSea’s Nate Chastain.
Coinbase Accumulates - Coinbase discloses 2,509 BTC acquisition in Q2, re-enters top 10 public bitcoin treasury companies ahead of Tesla.
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Top Assets
Messari Protocol Reporting
Messari's protocol reports give you a deep dive on the foundation and state of top crypto protocols, including key metrics and notable events. See the complete list of protocol reports here and get a preview of our latest report below.
Decentralized video infrastructure protocol
Enabling cost-efficient video transcoding and AI-powered media processing
Market cap rose 37% QoQ to $260M
Staking rate hit 50.1%, exceeding the protocol’s inflation threshold targe
Decentralized, enterprise-grade GPU cloud platform designed to serve AI, gaming, and Web3 workloads
Revenue surged to $61.4M in H1 (+96% Q1, +16% Q2)
Cloud host earnings hit 1.84B ATH (up 192% Q1, 37% Q2)
Supports 430,000+ GPU containers globally and facilitates low-latency, scalable compute across 93 countries
Modular, multichain protocol building an agent-centric AI infrastructure stack
Combines onchain identity, verifiable data processing, and adaptive AI behavior
CARV introduced a three-phase roadmap—Genesis, Pulse, and Convergence—to develop persistent, economically-aware agents that operate and collaborate onchain
Two Bits
When D.C. Calls, Messari Answers
By: Evan Zakhary, Research Analyst
On July 30, 2025, the White House released its comprehensive report on digital assets, titled “Strengthening American Leadership in Digital Financial Technology.” Produced by President Trump’s Working Group on Digital Asset Markets, the document lays out the federal government’s current view on the digital asset sector and its roadmap for future oversight.
The Working Group is chaired by David Sacks, serving as Special Advisor for AI and Crypto. Additional members include Treasury Secretary Scott Bessent and Attorney General Pam Bondi, along with other senior officials.
The report covers a broad set of topics, including centralized exchanges, decentralized protocols, stablecoins, custody infrastructure, staking, and digital identity. It also identifies systemic risks, gaps in enforcement, and areas where new legislation may be required.
Among its key proposals:
New legislation to regulate stablecoin issuance
Enhanced oversight of centralized crypto service providers
A government-held reserve of digital assets (“stockpile”) to support monitoring and enforcement
Continued investment in decentralized technologies and blockchain applications as part of national economic strategy
It’s one of the most thorough U.S. government documents produced on the structure, risks, and regulatory future of digital assets.
Contained in this comprehensive White House report are two Messari citations:
Footnote #33 - Page 16 points to a graphic produced by the Messari team that segments aggregate crypto market capitalization across four eras, from Bitcoin’s early years to the post-ETF era. The White House used it to frame its “Market Size and Trends” section of the report.
Footnote #74 - Page 27 links directly to a Messari Copilot prompt: “Staking vs. Delegating in Crypto.” It appears in a discussion about how staking works in proof-of-stake networks, particularly non-custodial delegation, validator accountability, and onchain reward distribution.
From an analyst’s POV, Messari’s inclusion signals that institutional stakeholders are turning to crypto-native research to understand the industry. For me, it’s a gratifying reflection on the infrastructure Messari has been building since 2018.
The tools powering the insight layer for the cryptoeconomy are helping regulators, builders, institutions, and the public make informed, confident decisions. Now, it’s the White House taking notice.