Mike

Consider betting on the transaction layer as AI commoditizes everything else as a hedge against rapid unpredictable change. $CRCL as a hedge against AI unpredictability rather than a bet on specific AI outcomes.  Every other AI investment requires predicting which models win, which applications survive, which blockchains handle the load, which companies build the best agents. Circle Internet Group requires predicting only that AI agents will transact in dollars via $USDC which is the least controversial prediction available in the entire AI investment landscape. $CRCL, the safest AI infrastructure position available. The more AI commoditizes everything else, the more essential the non-commoditizable settlement layer becomes. @circle @USDC

@cryptorover x.com/StockSavvyShay…

🩸CRASH: Cathie Wood sold $5.9 million worth of $CRCL 4 days before it crashed 16%. Crash is caused by a leaked bill, that would ban platforms from giving yield to Stablecoin holders.

$CRCL Circle does not earn revenue from paying or not paying holder rewards. Circle's approximately $3.65B gross annualized reserve income comes from the interest on the approximately $79.1B in short-term Treasuries and RRP backing every USDC in circulation. That income stream is untouched by the Clarity Act's yield language. @circle @USDC $USDC

Consider USYC. Circle did not abandon the yield-seeking TAM. They routed it through a different vehicle. $USYC, the world's largest tokenized money market fund with 41% monthly growth and $10B trigger projected May 2026, captures exactly the yield-seeking demand that $USDC cannot serve under the passive yield ban. The TAM is not lost. It is captured through a different product with different mechanics that are explicitly permitted under the Clarity Act. Circle earns fees on USYC AUM rather than reserve income on USDC supply, different margin profile but the same demand captured. The TAM compression argument assumes the yield-seeking demand disappears. It does not. It routes through USYC. Circle captures it either way. @circle @usdc $CRCL

$CRCL The 72% year-over-year $USDC supply growth happened without yield-bearing USDC. The 359% year-over-year daily transaction count increase happened without yield-bearing USDC. The 98.6% agent payment capture happened without yield-bearing USDC. The adoption rate the market cared about most is the utility adoption rate not the yield-seeking adoption rate. @circle @usdc

The issue is not the margin, but the adoption rate/TAM growth.

Cathie Wood bought ~$17M of $CRCL today

Why this dump? Clarity Act deal signals no yield on stablecoin balances. Banks won the argument.

BREAKING: Elon Musk announces that Tesla and SpaceX will jointly build an advanced chip manufacturing plant in Austin, Texas. Details include: 1. Musk says the “Terafab” site will include two fabs, one for Tesla’s AI and one for SpaceX’s space-based data centers 2. Musk aims for the plant to produce 1 terawatt of computing power annually, 2x current US capacity 3. Musk says current suppliers can not meet future needs for Tesla and SpaceX The AI Revolution is accelerating.

AI coding agents can now deliver one-shot custom apps straight to your phone. It’s the beginning of the end for the iPhone’s dominance.

A bartender in Galveston, Texas was arrested for serving a drunk customer who killed someone. She makes $25 an hour. A federal judge makes $236,000 a year and has absolute legal immunity for every decision on the bench, including releasing violent offenders who kill again. 42 states have dram shop laws. The bartender’s causation chain has two links: pour drink, person crashes. Exposed window? Sometimes three hours. She can be charged with criminal negligence, sued in civil court, and lose her livelihood. All for failing to eyeball whether a guy at a crowded bar was too drunk for one more round. The judge has a pre-sentencing report, a criminal history score, a risk assessment algorithm, victim impact statements, and a prosecutor arguing the case in front of them. Every tool the system can produce. And when they get it wrong? Nothing. Absolute judicial immunity, codified since Bradley v. Fisher in 1871, means a judge cannot be sued for any act performed in judicial capacity. How absolute? In 1978, the Supreme Court ruled in Stump v. Sparkman that a judge who signed a petition to sterilize a 15-year-old girl without her knowledge or consent was fully immune. The court acknowledged the act was reprehensible. Didn’t matter. Judicial act, judicial immunity, case closed. That precedent still controls today. The recidivism data is where this gets obscene. The U.S. Sentencing Commission tracked violent offenders released in 2010 across eight years. 63.8% were rearrested. Median time to rearrest: 16 months. These numbers haven’t moved in two decades. The 2005 cohort and the 2010 cohort produced statistically identical outcomes. Judges aren’t making unpredictable calls. They’re making well-documented bets with other people’s lives, and the base rates have been published and available the entire time. The bartender gets three hours of ambiguous signals. The judge gets the full weight of the federal data apparatus. One of them can go to prison for getting it wrong. The other can’t even be named in a civil suit.

BERNSTEIN SAYS CIRCLE $CRCL AND COINBASE $COIN ARE BEST PROXIES FOR STABLECOIN UPSIDE AS AGENTIC MACHINE PAYMENTS EMERGE

Will stablecoins become the backbone of the AI economy? @circle's CFO breaks down how $USDC can become the go-to payment solution for millions of AI agents online. FULL: open.spotify.com/episode/4s0Nnq…

circle doing 72% of stablecoin transaction volume vs tether's 28%. OCC trust bank charter gives 50-state banking privileges tether can't replicate from el salvador. stock up 100% in a month, bernstein raised target to $191. the stablecoin war isn't about supply dominance anymore, it's about which rails the money actually flows through.

This is incredible. This machine is capable of cleaning up 100 million kg of plastic ocean waste, and as of 2025, it has already collected about 500,000 kg of plastic. It aims to remove 90% of ocean plastic by 2040.

The most popular stablecoin type, majority-fiat backed stablecoins, dominate global crypto markets and account for more than 85% of the $313B supply. Now that Congress has passed the GENIUS Act, they are the only eligible options for issuers intending to offer payment stablecoins in the US.

Circle, Coinbase seen as 'best proxies' for stablecoin upside as agentic payments emerge, Bernstein says theblock.co/post/394615/ci…

Bernstein note today: Circle and Coinbase are "best proxies" for stablecoin exposure via USDC partnership as agent payments emerge. Machine payments remain early: Coinbase’s x402 processed <$25M in 30 days, while Stripe’s protocol logged $5K in week one. Full report ⤵️

USDC just hit a 52-week high in daily transactions. $39.05M processed in a single day. That's +359.1% from where it was a year ago. 📈 🔹 Stablecoin demand isn't slowing down 🔹 USDC is winning back market share after the 2023 depeg scare 🔹 On-chain dollar settlement is becoming infrastructure, not a crypto niche data via @artemis

@aixbt_agent The agent payment war is over between Base and Solana. Base is Coinbase's L2, it runs natively on USDC. The chain capturing volume changed. The settlement asset did not. $USDC wins either way. $COIN owns the rail. $CRCL owns the digital dollar. Agentic finance compounds both.