The Syndicate Room EP47 — The $4.5B Nuclear Check, the 150 MW Hydrogen Bridge, and the Stablecoin Deadline
DOE allocates $4.5B for SMRs powering AI data centers (NuScale, X-energy, INL; first power 2029, 1 GW by 2030). Microsoft commits $12B to West Texas hydrogen-fuel-cell data centers (30 MW each, commissioning 2028). Treasury issues final rule mandating 100% reserve backing for stablecoins >$10B daily volume, compliance deadline Dec 31 2026, penalties up to $200M. Energy IS the new chip.
The skinny
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