The mission now fits in your pocket. The EAT Card app went live on the Apple App Store this week, a Visa debit card that funds meals every time you swipe. The rails it runs on went retail in the same seven days, with Visa launching a stablecoin platform for banks, DTCC running its first live tokenized trades, and Morgan Stanley opening spot crypto on E*Trade. And the giving set records at every scale, from Lilly Endowment becoming the first $100 billion foundation to WyoGives raising a record $6.46 million.
The Build
The EAT Card app is live on the Apple App Store. It is a Visa debit card, FDIC-insured through a regulated bank partner, no crypto knowledge required, and every swipe funds meals through our Feed the Children partnership. This is what we have been building toward all year, and it is now one download away.
Hunger relief and food security
SNAP enrollment has dropped by 4 million people, and Feeding America is answering with a national campaign to keep eligible families enrolled and fed. Food banks cannot absorb a gap that size on their own, which is the whole point of the campaign. Read the full story →
Hunger is turning up in psychiatric wards as SNAP and Medicaid cuts take hold. Clinicians say food insecurity is now walking through the emergency room door.
More in hunger and food
Rhode Island's delegation asks USDA to replace 16 canceled food bank shipments. The federal truckload fight reaches New England.
WFP warns Sudan hunger is deepening amid a $646 million funding gap. The world's largest hunger crisis is still the world's most underfunded.
Private aviation giant Jetex partners with the World Food Programme on ShareTheMeal. Luxury travel money starts buying meals.
Philanthropy and charitable giving
Our home state's giving day beat its own record, $6.46 million across 514 nonprofits in a single day. Wyoming keeps proving that a small population moves serious money when the rails make it easy, which is the same bet we made when we chartered here. Read the full story →
That number is worth sitting with. A $100 billion endowment makes Lilly the largest foundation in the country, and it makes the 5% payout floor we covered last edition a $5 billion a year question for one institution alone. Read the full story →
Warren Buffett drops the Gates Foundation from nearly $6 billion in giving. One of philanthropy's biggest pipelines just changed course.
More in giving
A developer says he built a blockchain where donations cannot change purpose. Purpose-bound giving is the exact problem we build for.
TikToker Catherine Ebs apologizes after backlash over her viral small-town grocery store video. Creator credibility is becoming its own beat.
Institutional crypto and the money rails
Visa is handing every bank and fintech on its network a way to issue and settle with stablecoins, starting with Open USD. When the world's largest card network productizes the rail, the rail is no longer the experiment. Read the full story →
DTCC runs its first live trades of tokenized stocks, ETFs and Treasurys. The plumbing that settles US markets just carried real onchain volume.
More on the rails
Morgan Stanley opens spot crypto trading on E*Trade for Bitcoin, Ether and Solana. Millions of retail brokerage accounts get direct access.
Citadel Securities invests $400 million in Crypto.com at a $20 billion valuation. Wall Street's biggest market maker picked a side.
Japan reclassifies crypto as a financial instrument, clearing the path to Bitcoin ETFs. The world's third-largest economy rewrote the category.
The ECB picks 36 payment providers, including Stripe and Revolut, for its digital euro pilot. Europe's CBDC moves from paper to pilot.
Visa, Mastercard and Ripple back x402, the stablecoin standard for AI agent payments. The machines are getting their own checkout.
The UK launches a 54-firm tokenization taskforce for its wholesale markets. London does not want to watch from the sidelines.
Stripe and Advent offer to buy PayPal for more than $53 billion. Fintech's biggest name may change hands.
Ether rises 10% in a week as Japan's crypto law, ETF inflows and soft CPI converge. Three tailwinds, one chart.
The Ethereum Foundation's privacy team spins out as EthSystems to build bank-grade confidentiality. Privacy becomes a product, not a plugin.
Polymarket files for a US license to offer margin trading. Prediction markets keep pushing into regulated territory.
Fraud, accountability, and the rules
Unanimous is rare for anything in the Senate. On FTX, both parties agreed the record stands, and the industry's rebuilt credibility depends on it staying that way. Read the full story →
Tether freezes $131 million after OFAC sanctions four Iran central bank wallets. Stablecoin issuers are now part of the sanctions apparatus.
More receipts
Senators press AG nominee Todd Blanche on crypto enforcement and the Binance pardon. Enforcement policy is on the record now.
A DOJ trade fraud task force says it has recovered more than $1 billion in a year. Follow the money keeps working.
Bonzo Lend loses $9 million in a Hedera oracle exploit as network value drops 40%. Oracles remain the soft underbelly of DeFi.
Science, AI, and frontier tech
The largest open-weight model ever released now comes out of Beijing, at 2.8 trillion parameters, with the weights committed for July 27. The frontier is officially multipolar, and increasingly open. Read the full story →
Humanoid robots perform live surgery for the first time at UC San Diego. The operating room just got a new kind of resident.
More from the frontier
China's AI companion law takes effect, shutting down Doubao and Qwen agents for millions. The first hard limits on synthetic relationships.
Daniel Ek's Neko Health raises $700 million to bring full-body scans to the US. Preventive care gets consumer-scale money.
Life Biosciences doses the first patient as cellular rejuvenation reaches human trials. Longevity science crosses into the clinic.
Augmodo raises $21 million to take its worker-worn AI badges beyond retail. Ambient AI is putting on a name tag.
Shift is giving San Francisco free private chefs to harvest robot training data. Your dinner is someone's dataset.
$EAT by the numbers
Meals funded: Over 60,000, against the next milestone of 100,000. That is the number we actually measure, and it only moves one direction.
$EAT sat near $0.0002 with a market cap around $2.1 million, roughly $680,600 in liquidity, and about 1,200 holders, all as of July 10, per GeckoTerminal. Every trade and every swipe routes 25% of the fee to hunger relief, and every dollar that reaches that bucket creates five meals through our Feed the Children partnership. Open the $EAT app.
Join us
The EAT Card app is on the App Store and the beta list is open ahead of the public launch. If you create, our creator program pays on verified results, not follower count, at apply.eat.ong. And if you run a business, the cause card extends to business spend too.
The rails our exchange runs on became everyone's rails this week, and the card that feeds people made it to the phone in your pocket. The meals number only moves one direction. Worth watching.
Onward,
The WYDE Team