Dog God 👑

GM Today, $DOGGOD is live on @base thanks to the help of @_proxystudio. Address: 0x2Cc898F34af20ebEedDbe16BA0c5b89aAcb55A42 Less talk, build more. 🫡

🏦⛓️ ICYMI: @circle's USYC overtook BUIDL as the largest TMMF, currently at ~$3 billion AUM. USYC growth highlighted on the upper-left chart:

"Stablecoins to TRILLIONS" - Bessent/@BainandCompany

A big quarter for Circle with more launches today - agents.circle.com

ARC 🤝 a16z

Why We Ship: @useDecal After building products for billions at Google and launching Solana Pay in a cafe in SF, @joshfried decided to go build the merchant product the ecosystem was missing.

you can’t vibe code usdc you can’t openclaw hyperliquid you can’t prompt engineer morpho network effects are the moat

Applications for the Circle Developer Grants Program are now open. We’re funding high-caliber teams building production-ready systems on Arc with USDC and the Circle Developer Platform across payments, treasury, FX, the agentic economy, and more. We’re looking for strong integrations, clear paths to users and usage, and systems that expand USDC utility. Learn more and apply: circle.com/grant

The Internet’s largest paradigm shift is happening now, and our Q1 results underscore Circle’s role at the center of these changes. → $694M total revenue and reserve income, +20% YoY → $77.0B USDC in circulation, +28% YoY → $21.5T in USDC onchain transaction volume, +263% YoY From digital dollars and global payments to the agentic economy, Circle is building trusted infrastructure for a more programmable internet financial system. Full results at investor.circle.com

We shared our Q1 results today at @Circle, reflecting strong execution, market leadership and new platform launches.  A rapid convergence of AI platforms and onchain money are creating a new internet stack that will transform the global economic system. 

We’re seeing continued growth in USDC and record onchain transaction volume, which reached $21.5 trillion, up 263% year over year. We also launched our new Circle Agent Stack, saw significant growth in Circle Payments Network (CPN), and are preparing Arc Network for liftoff.  

More ahead. 

Full results at investor.circle.com

"We saw the birth of these new platforms....we actually literally today just launched Circle Agent Stack," says @Circle CEO @jerallaire. "It’s for humans that want to go there and developers who are building AI agents, but it’s also for agents." cnb.cx/4fbW50a

Here’s a quick recap from our Q1 2026 earnings call from Co-Founder, Chairman and CEO @jerallaire.

ARC. Made in America. Made by a NYSE-listed American public company. Welcome to 2026. We've come a long way. CLARITY

Circle built one of the world's most trusted digital dollars. Now they're building the network to go with it. Excited to back Arc.

Introducing the ARC whitepaper. The paper outlines how ARC could serve as the native coordination asset of the Arc network, supporting security, economic governance, fee mechanics, and broader platform utility as Arc evolves. The core idea: stablecoins move value. Arc provides the execution environment. ARC could help coordinate the participants who depend on the network. Read the whitepaper: arc.network/arc-token-whit…

The passing of the CLARITY Act will be "essential" for Circle's infrastructure expansion, CEO @jerallaire tells @BrianSozzi. He explains:

Introducing Circle Agent Stack: financial infrastructure for the agentic economy. Agent Stack gives agents the tools to: → Hold and move USDC through Agent Wallets → Discover services through Agent Marketplace → Execute repeatable financial actions through Circle CLI All within defined permissions and guardrails. Explore the site: agents.circle.com Read the blog: circle.com/blog/introduci…

What CFOs actually ask in stablecoin pilots: 1/ Who custodies the asset and what happens if the issuer goes down? 2/ How does this show up in my accounting system alongside ACH and wire? 3/ Can my AP team send one without learning what a wallet is? 4/ When auditors ask where the money went, what's the trail? The pilot dies on operational readiness, not on technology.

U.S. Treasury-backed funds remain the dominant category within tokenized funds 👇 Sector definition. This chart shows the circulating asset market cap of tokenized funds backed by U.S. Treasury bills, representing onchain wrappers around short-duration government debt instruments. To view the data on our ‘Tokenized assets’ dashboard: market sector (tokenized funds), reference asset (U.S. T-bill). Growth trajectory. The sector has grown from effectively $0 in early 2023 to approximately $14 billion by May 2026, with the sharpest acceleration beginning in late 2024 and continuing throughout 2025 as institutional adoption increased. At approximately $14 billion market cap, tokenized U.S. Treasury funds represent ~46% of the broader tokenized funds sector, which currently stands at ~$30.5 billion. Leading assets. The five largest assets in the category are USYC ($3.0B, issued by Circle), BUIDL ($2.4B, issued by BlackRock and Securitize), iBENJI ($1.3B, issued by Franklin Templeton), JTRSY ($1.1B, issued by Centrifuge), and USTB ($1.0B, issued by Superstate).