USDC (USDC)

🚨 @circle stock falls after launching a competing stablecoin backed by over 140 companies 👀

Circle ($CRCL) stock sharply declined after the announcement of Open USD, a new stablecoin supported by a consortium of over 140 companies, including:

• Visa 💳
• Stripe
• Mastercard
• BlackRock
• Coinbase
• and a number of other major institutions.

The Open USD project features a Consortium model, where not all reserve earnings go to a single issuer; instead, partners receive:

• a share of reserve earnings 💰
• governance and project management rights 🏛️

I have a slightly different opinion from Teacher Wu Fan. WeChat's ability to succeed in payments over banks is entirely due to its user ecosystem. WeChat's red packets and peer-to-peer transfers are extremely convenient, whereas bank transfers involve too many steps. Moreover, the ultimate revenue from WeChat payments still goes to banks, because even WeChat cannot bypass the banking system.

Circle and WeChat are not comparable. Circle's main focus remains the cryptocurrency sector, with most users in Europe and the United States, while WeChat covers almost all Chinese people. Circle is even harder to compare with JD Pay; it remains relatively niche.

From the recent price movements of Open USD and Circle, we can see that Circle dropped 17.55% yesterday, with its market cap falling from about $18.88 billion to $15.57 billion, a daily loss of roughly $3.31 billion. At the same time, Visa rose 0.42%, adding about $2.70 billion in market cap, and Mastercard rose 0.78%, adding about $3.51 billion.

Just the market cap increase of Visa and Mastercard exceeds $6.2 billion, nearly twice Circle's. This shows that the market supports leading payment channels in the stablecoin business. Even BlackRock's market cap grew by $1.86 billion, and together these three firms represent 2.4 times the market cap that Circle evaporated.

The market has expressed its stance very directly: the stablecoin payment narrative is no longer viewed favorably, but stablecoin initiatives by traditional payment networks and asset-management giants, including banks, are highly anticipated.

One-person company, becoming a key means for major cities to compete for AI talent.

Beijing provides concrete policy support; university students who successfully register receive 100,000 RMB.
AI tool subsidy 50%, up to 2 million RMB per year.

It also solves accommodation issues; by encouraging this lightweight entrepreneurship, employment problems can be alleviated, because as long as you register, regardless of profit, you are not counted as unemployed.

The biggest advantage of being a wage‑slave is having someone feed you, supervise you, and provide a safety net—seeking stability.
When you lack ability and need growth, a good job and good position give you time, platform, opportunities, and security.
Of course, this applies to university graduates in an upward‑moving economy.

Now, facing optimization or seeking breakthrough, a one‑person company is also a new path, although it is not lighter than wage labor.
The most critical factor is whether you have value and self‑driven motivation.

Actually, this model fits well with crypto‑circle digital nomads; after all, it’s a bear market, with plenty of time for research.

OKX didn’t just launch https://t.co/GmV2SzoeYh; I understand it’s an Agent supermarket.

You can hand‑craft an Agent, encapsulating your trading philosophy; if it makes money and works, others will pay to invoke it.
You can also purchase an Agent that someone else has already built, without developing from scratch.

I have always thought that the most natural entry point for crypto and AI integration is a strong link to trading.

After all, Agents fit well with native crypto assets; wallets, payments, settlement are Web3’s natural advantages, allowing AI to truly enter the economic cycle.

If the crypto space moves toward an OPC direction, I think the core action is hand‑crafting AI‑trading Agents.

You can earn money yourself, and even sell the shovel for profit.