Web3 Operators Update (June 28 - July 4): TON Unicorn, Stablecoin Strategy

This week in Web3, regulation and enterprise infrastructure took the spotlight.

TON hit unicorn status, and Ripple made a bold move into fiat-to-stablecoin payments.

From global stablecoin flows to India’s public blockchain pilots, here’s what every builder and operator needs to know.

C-LEVEL LEADERS

• U.S. House Declares "Crypto Week" (July 14–19)

The House Financial Services Committee will focus legislative attention on stablecoins, market structure, and CBDC resistance. 

With bipartisan interest growing, this could be a pivotal window for regulatory influence.

• Ripple + OpenPayd Build Real-Time Enterprise Payouts

Ripple and OpenPayd are launching fiat-to-stablecoin tools for treasury and vendor payouts in RLUSD. 

With mint/burn capabilities and support for EUR/GBP rails, this aligns stablecoins with real-world cash flow.

• J.P. Morgan Revises Stablecoin Forecast Down to $500B

Initially forecasting $4T by 2028, JPM now expects a $500B ceiling, citing weak retail usage and global policy gaps. 

Teams relying on stablecoins, should recalibrate their growth assumptions.

MARkETING & GROWTH

• Telegram’s TON Ecosystem Hits $1B Valuation

The Open Platform raised $28.5M in Series A funding from Pantera, Hashed, and others. 

As Telegram-native dApps continue to gain traction, TON is becoming a leading channel for user acquisition and messaging-driven Web3 experiences.

FINANCE & COMPLIANCE

• Weekend Stablecoin Usage Surpasses Weekdays

Visa’s dashboard shows higher on-chain volumes over weekends, indicating that DeFi, payroll, and treasury teams are leaning into 24/7 stablecoin functionality.

• June Web3 Funding Totals $2.87B Across 89 Projects

Major rounds included $600M (Lion Group), $425M (SharpLink), and $28.5M (TOP). 

These numbers suggest strong investor confidence in infra and messaging-led platforms.

• Stablecoin Supply Ratio (SSR) Stays Neutral

Glassnode’s data shows no significant change in SSR. 

This metric, which tracks stablecoin vs. BTC supply, suggests that dry powder remains on standby.

OPERATIONS / OPS LEADS

• India’s Telangana State Pilots Blockchain Voting

Aiming to reduce startup flight, Telangana is exploring blockchain-based remote voting and pro-Web3 policy frameworks. 

This could become a model for startup-friendly regulation at the state level.

• Impossible Cloud Raises €28.8M for Web3 Cloud Infra

The Swiss-based firm is building decentralized enterprise infrastructure with its ICNT token. 

It’s part of a broader trend toward replacing hyperscalers with token-incentivized cloud alternatives.

EMERGING TECH & PARTNERSHIPS

• ISEK, A Decentralized AI Agent Network

The Intelligent System of Emergent Knowledge (ISEK) blends AI agents, Web3 governance, NFTs, and on-chain incentives. 

Though still in its research phase, it represents a new direction for DAOs powered by autonomous systems.

• XRP Ecosystem Signals DeFi Expansion

Nimanode, an XRP-native infrastructure protocol, surpassed its presale soft cap by 20%. 

It’s one of several AI x DeFi projects focused on cross-chain tooling and network coordination.

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