AI is rewriting legacy code but still speaking COBOL, Circle quietly moves 60 billion in stablecoins to OKX's layer 2, and new data from India shows AI actually creating jobs while Western economies hit the panic button. Travis Wright breaks it down.

August 7, 2026 — 259 words / ~1.7 min

Stories covered:

  1. Enterprise AI Is Still Writing COBOL When It Needs Python
  2. Circle Puts $60B USDC on OKX's L2 Before Regulators Notice
  3. Nomura Data Shows AI Creating Net Jobs in India While West Panics