Wyoming Backs AI Data Centers, Revolut Eyes Stablecoin Bank, Big Tech Targets $650B

(10:23 PM UTC)
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Wyoming Governor Mark Gordon signed an executive order Wednesday establishing a state framework for the development of large-scale data centers and advanced computing facilities. Titled "Data Centers the Wyoming Way," the directive instructs executive branch agencies involved in permitting and regulation to prioritize water and environmental sustainability, workforce development, and protections for residential electricity ratepayers. The order arrives one day after a federal executive action promoting advanced AI technologies for national security purposes. Wyoming has positioned itself as a hub for both AI compute and Bitcoin mining, leveraging cheap energy and business-friendly policy. CleanSpark previously expanded its Wyoming footprint in 2024 through a mining site tied to 75 megawatts of power capacity.

A new University of Southern California study found that every frontier AI model tested violated social-interaction safety guidelines more than 27% of the time. Researchers introduced EUDAIMONIA, a benchmark designed to measure undesirable dynamics in human-AI conversations such as flattery, emotional attachment, relationship replacement, and failure to disclose AI identity. Drawing on 969 prompts from the WildChat dataset and more than 3,100 violation checks across systems from OpenAI, Anthropic, Google, xAI, DeepSeek, and Alibaba, the authors argue that current AI safety evaluations concentrate on reasoning and factual accuracy while underweighting the social dynamics that emerge when users form quasi-relationships with chatbots.

Revolut intends to offer stablecoins through its forthcoming US bank, with the company's US chief confirming that the institution is expected to launch next year. Customers will gain access to FDIC-insured accounts, multi-currency deposits, stock trading, and cryptocurrency services, with an initial focus on retail and business clients managing cross-border banking needs. The fintech applied for a US national bank charter in March, pivoting from an earlier plan to acquire an existing institution. Founded in 2015, Revolut serves more than 75 million customers globally and already supports USDT and USDC card payments across major blockchain networks outside the United States.

AI-related infrastructure spending continues to surge across the United States. Microsoft, Amazon, Meta Platforms, and Alphabet are projected to deploy a combined $650 billion-plus on AI and data center buildout this year, with much of the outlay targeting enterprise cloud expansion and the compute needed to train and serve large language models. Berkshire Hathaway disclosed an increased position in Alphabet earlier this week, deepening the conglomerate's exposure to AI compute as it seeks structural participation in the technology stack rather than passive observation. The convergence of utility-scale electricity demand, hyperscaler capex, and state-level industrial policy is rapidly reshaping where compute infrastructure gets sited.

Among the models evaluated in the USC benchmark, GPT-5.5 posted the lowest violation rates at 25.0% on "in-the-wild" prompts and 28.1% on rewritten variants. Claude Opus 4.7 recorded 31.9% and 30.1%, while GPT-5.4 logged 32.1% and 35.6%. Earlier-generation systems performed worse, with GPT-4o reaching 34.8% and 42.2% across the two prompt categories. Anthropic's Claude Opus 4.6 scored 36.8% and 28.1%, and xAI's Grok 4.3 registered 42.1% and 35.7%. The researchers contend that social-interaction harms should be treated as a core alignment problem grounded in user welfare, not merely a capability metric.

The Revolut disclosure lands amid a broader sequence of stablecoin launches from banks, fintech firms, and payment networks. Digital bank SoFi rolled out SoFiUSD in December, a dollar-backed token allowing customers to transact on Ethereum and Solana through its mobile application. Falcon Finance recently introduced fUSD via Anchorage Digital's regulated issuance platform, backed by cash, repurchase agreements, and short-term Treasuries for institutional trading and treasury operations. MoneyGram unveiled MGUSD this week in partnership with Bridge, Stripe's stablecoin platform, integrating the Stellar-based token into its remittance app. On-chain DeFi data places the stablecoin market near $319.5 billion, up from roughly $247 billion a year ago.

The dominant narrative this cycle is convergence: artificial intelligence infrastructure, regulated stablecoin issuance, and state-level industrial strategy are increasingly intersecting with crypto-native rails. Wyoming's policy framework, the $650 billion hyperscaler AI capex pipeline, and the wave of bank-issued dollar tokens all point to institutional embedding rather than speculative froth. Even the safety debate around AI chatbots feeds the same arc, as regulators, enterprises, and digital-asset firms race to define guardrails before scale outpaces oversight. For participants positioned for the next bull market, the signal is clear: traditional finance is building parallel rails rather than retreating from them.

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James Mitchell

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