Crypto × AI week in review: October 7
Stripe added Open USD, Strategy reached 848,000 BTC, an oil shock triggered $547 million in liquidations, and Cloudflare and Amazon released open decision models. The week's recap, AI leaderboard and paper bot status.
Stablecoin infrastructure kept growing this week: Stripe added a new dollar stablecoin across its products and Arbitrum joined Paxos’s network. On the AI side, “decision models” that return probabilities instead of text were released with open weights. At the end of the week, a spike in oil prices pushed half a billion dollars of leveraged crypto positions into liquidation.
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Sources
- Stripe: OUSD is now available on Stripe
- Cloudflare Changelog: Introducing Clef, Cloudflare's first open-source decision models
- TechCrunch: Amazon releases its own Jev clone as decision models flood the web
- Crypto Briefing: Strategy buys 334 Bitcoin as holdings hit 848,000 BTC
- Cointelegraph: Paxos USDG stablecoin launches on Arbitrum
- CoinDesk: Bitcoin slips below $84,000 as oil rally hits crypto
- Artificial Analysis: LLM leaderboard
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