Visa's Q3 revenue for fiscal year 2025 is $11.6 billion, with plans to expand into stablecoin platforms and OpenUSD

Iran launched an attack on a US military base in Jordan, resulting in a 5% increase in oil prices. （Watcher.Guru）

Haseeb Qureshi, Managing Partner of Dragonfly, stated that cryptocurrency venture capital may enter the "last batch of funds" stage as mature networks are more difficult for startups to challenge. According to Cryptorank data, only 150 independent venture capital firms participated in cryptocurrency financing in July, lower than the peak of 1177 active investment firms in May 2022. Qureshi is cautious about startups built around platforms such as Hyperliquid, believing that if Hyperliquid masters the distribution channels, related companies will be closer to distributors.

According to CCTV News, the US Central Command stated that the Iranian Islamic Revolutionary Guard Corps launched multiple ballistic missiles from Iranian territory at 5:45 pm Eastern Time on the 28th, attempting to launch an attack on US troops stationed in the Middle East. The US Central Command stated that all missiles have been successfully intercepted, and the US military is currently on high alert and combat readiness. Iran has not responded yet.

Polymarket predicts a probability of 79% for Apple to become the world's most valuable company by the end of July, 22% for Nvidia, and a cumulative market trading volume of $4.7 million. At the close of trading on Tuesday, Apple's market value was about $4.995 trillion, Nvidia's market value was about $4.768 trillion, and Apple led by about $227 billion. The contract is settled based on the market value of the two companies at the close of trading on July 31st. Apple will release its third quarter results at 17:00 Eastern Time on July 30th, with Nvidia's latest quarter data center revenue increasing by 75% to $62.3 billion.

Visa announced a revenue of $11.6 billion for the third quarter of fiscal year 2025, a year-on-year increase of 14%. Visa is investing in multiple levels of the stablecoin ecosystem, has joined the OpenStandard Alliance, and plans to issue OpenUSD stablecoins. The Visa stablecoin platform aims to support partners in settling with stablecoins, provide on chain wallet as a service infrastructure, and integrate with Pismo to support tokenized deposits. Visa states that stablecoins and AI are complementary technologies.