P2PKit
23 posts

P2PKit
@p2pkitdotcom
Take local payments. Settle in USDC.

🚨 TRUMP SAYS US IS FAR AHEAD IN AI AND CRYPTO. President Donald Trump says the US is “leading China and all other countries by a lot in AI and crypto,” underscoring his push to keep America ahead in fast‑moving technologies. He made the remarks during a recent event focused on digital assets, where he argued that China wants to take control of both sectors and that the US must stay in front. Trump has repeated this message throughout 2026, tying AI and crypto leadership to national security and economic strength. He has warned that if the US slows down, China could seize the advantage. His administration has pushed lighter regulation for AI and digital assets, saying innovation should not be held back unless real risks emerge. The comments come as Washington tightens oversight of frontier AI models and debates new crypto rules, including the Clarity Act. Trump’s stance reflects a broader US‑China rivalry over emerging technologies, from semiconductors to digital currencies. His remarks also follow disclosures showing he earned significant income from crypto ventures last year, prompting calls for stronger guardrails. The US currently restricts exports of advanced AI chips to China and has pressured companies like Anthropic to limit global access to their most powerful models. Meanwhile, China has banned private crypto trading and mining but continues developing its digital yuan. The competition is intensifying, and Trump’s message is clear: he wants the US to stay ahead.

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Crypto Penetration Is Still Below 1% in Terms of Global Wealth Binance founder Changpeng Zhao (CZ) @cz_binance said in a July 16 interview with Talking Tokens Podcast that while many people believe the crypto market is already saturated, crypto penetration remains below 1% in terms of global wealth, meaning the industry is still at an early stage. He said fiat on- and off-ramps still involve significant friction, while stablecoins have yet to offer both attractive yields and easy tradability. In the RWA sector, only a small number of stocks have been tokenized, mostly in the U.S., leaving substantial room for further growth.

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