传统支付巨头发行稳定币：easy Circle切入支付领域：hard 支付公司，没有渠道溢价能力，赚不到钱的

今天 $CRCL 跌破了 200 美元，正好想要聊聊。昨天和 @YeruiZhang Rui神 就聊过 CRCL 的话题，我非常喜欢 Rui神 对 CRCL 估值的计算方式，和我们很多小伙伴不同， Rui神 的说法是 CRCL 上涨的市值可以参考 VIAS 和 MSTERCARD 下跌的幅度。 我对比了一下 $V 和 $MA 的走势是高度重合的，毕竟两者的业务也是高度一致的，在 CRCL 出来的时候，两者都受到冲击而下跌了，下跌的主要原因是市场预期 CRCL 可能会抢占两者在支付市场的空间。 当然这还仅仅是预期而已，市场更多的还是喜欢预期，但如果按照这个方式来看的话，市场会逐渐反应过来，To C 端来说，CRCL 要走的路还很远，在发达国家来说，想要杀进现在的支付市场非常的困难，用户习惯的改变很难，更别说 CRCL 虽然盈利看上去不错，但是支付的渠道费用更高。 这还不算，如果2026年开始进入全面降息，那么 CRCL 的营收必然会受到打击，能维持现在的 30% 就不错了，收入结构单一是合规稳定币主要的问题，这可能也是 Tether 不想再美国合规原因，因为合规的稳定币是不能做“银行”的。 也就是不能做抵押借贷等等的高收益项目，只能通过美债获得收益，如果美债再 2028年利率回到 0.25% 或者 0.5% ，那么 CRCL 的盈利就会很难看，更别说 CRCL 还要支付给 #Binance 和 #Coinbase 等渠道费用，那么剩余的钱是否足够支撑 CRCL 再开拓新市场。 当然融资是没问题的，上市本身就是为了融资，但融资的这些钱是否可以帮助 CRCL 打开支付市场，并且从里边分一杯羹，甚至有没有可能受到 VISA 和 MASTER 的联合限制，这都说不好。 在想象力发展的时候对标 Paypal 没问题，但 Paypal 也有自己的稳定币，PAUSD，同样也是这次稳定币法案的受益者，而且 Paypel 再支付和跨境领域，再业务领域是 CRCL 拍马都赶不上的。 所以从走势上来看，如果 Rui神 的说法成立，那么只要 VISA 和 MASTER 的利好导致的上涨，可能就会是 CRCL 的下跌。

Tron + $USDT is as important a payment rail to South America and other emerging markets as $V and $MA are in the West, or Alipay or WeChat Pay are in China. Tron Inc. could be the Visa IPO moment for LatAm payment rails.

Crcl爆火，对传统信用卡巨头 $visa 和万事达 $MA 而言，应该可以做空这俩. 虚拟币支付颠覆信用卡支付.

Visa for the West. WeChat Pay for China. TRON + USDT for everyone else. Over $78B in USDT lives on #TRON.

很高兴看到 #TRON 生态系统在全球范围内的零售与机构领域加速发展。

Proud to see the #TRON ecosystem accelerating—across both retail and institutional fronts, worldwide. 🌐

Credit Card debt at all-time highs? Party on. 🥳 $V | $MA

$MA （MindAI）技术面走强，短期内出现明显的上涨信号。 目前价格在 $0.0045 – $0.0065 区间震荡上行，短期目标 $0.02，中期看 $0.10，已上线 MEXC 和 https://t.co/jWocFdpoSp 等交易所。 从图形来看， $MA 完成了从 $0.00298 的 V 型反弹，均线呈多头排列，放量突破关键压力位，走势健康，量能配合到位，当前已站上所有核心 EMA。 项目本身属于 InfoFi（信息金融）赛道，是当前市场中少数已上线真实 AI 产品的项目，具备明确的数据服务能力，市值仍处于低位。 从基本面到技术面都释放出积极信号，是值得关注的早期机会。

Visa $V has offered Apple $AAPL roughly $100 million to take over the credit card partnership from Mastercard, $MA, per the WSJ

@Eljaboom @BNBCHAIN $MA on $BNB 👀

https://t.co/l3EgEtlXh7 Weekly Updates (Feb 24 - Mar 2) 1️⃣ $GT Holder Exclusive Airdrop Migrated to HODLer Airdrop 2️⃣ #Gateio Launched Contract Copy Trading Compensation Voucher 3️⃣ Join Honor Credits Draw, Win Macbook Air and Exclusive Merch 4️⃣Pilot Initial Listing: #A1C $PUSS $DB 5️⃣ Launchpool $OM #FORM1 $MA In Progress 6️⃣ HODLer Airdrop $AWS In Progress

Just tried @MindAI_io's platform on @BNBChain and I'm impressed! Now I can spot market trends before they go viral, not just follow the crowd. $MA solving a real problem in crypto with data-driven insights. Go try it out now - 🚀

#Gateio Weekly Report: Feb 24 - Mar 2 💎 #Launchpool: $OM, $DEFAI, #FORM1, $IP, $MA, $ZOO 💎 #Newlistings: $BDG, #FORM1, $DEFAI, $ZOO Find more in the image below ⬇️

$PERRY $KOKO $WMTX $SKYA $SKYA $SFI $GMRT $PEPE $ALVA $MA $HODL $BNBAI A MIX OF MEMES AND UTILITIES What should i Add ?

📣https://t.co/yvE6ezH6wh Launchpool 质押ETH，百万美金空投火热进行中！ 🔹 质押ETH参与多个质押池，领取即时空投奖励！ 🔹 项目如IP、OM、MA等正在进行中，低门槛、高年化收益！ 🔹 FORM1百万美金空投上线，超高回报等你来拿！ 🔹参与方式： 1️⃣ 质押ETH开启Launchpool矿池 2️⃣ 选择IP、OM、MA等热门项目进行质押 3️⃣ 根据质押金额领取实时空投奖励 🔹立即参与：https://t.co/J1fU8ofwWJ 🔹春季嘉年华福利大放送！ 🔹通过我的邀请链接注册https://t.co/yvE6ezH6wh，瓜分$12,000大礼包！ 🔹春季嘉年华：https://t.co/n6TWqX0gVw 🔹专属邀请链接：https://t.co/G81NYjZiLE #Launchpool $ETH $GT $OM $IP $MA

#Gateio Weekly Report: Feb 17 - Feb 23 💎 #Startup Projects: $CGX, $QUAI, $MA, $BADAI. 💎 #Newlistings: $QUAI, $BADAI, $VIVI, $MA, #AIX9, $CGX, $PAIN, $KAITO, $PI. Find more in the image below ⬇️

You asked, we delivered! $MA staking pools are now increased for more capacity 🚀 👉 Don't wait until they fill up. Stake $MA now!

Our $MA token is live for trading! Official exchange links: 🔗 🔗 MEXC: 🔗 PancakeSwap: CA: 0xb5Ab5cF2e2c686aE43F01F23859F3a55a8629C1C Trade $MA now! 🚀

https://t.co/l3EgEtlXh7 New Listing Overview (Feb 14th - Feb 20th) 🥇 $VIVI 3140% @lh_vivi_ 🥈 $PI 2890% @PiCoreTeam 🥉 $DIN 270% @din_lol_ 12 projects get listed on https://t.co/l3EgEtlXh7: $BADAI, $MA, $QUAI... Trade: https://t.co/IDedxKG1P7 #Crypto #newlistings #1000xGem

3,651,873.5 $MA locked into Mind AI staking in less than 24 hours! Three pools were completely filled 🤝 Part of our VCs have locked their initial unlocks, showing their continued support and belief in Mind AI. 🔗 Let’s go! 🚀

【 Daily Market Digest】📊 Unlock today’s crucial crypto market insights in one glance! TopGainers⭐️ $PI $NS $MA TrendingCoins🔥 $S $IP $BERA $PAIN #FearGreedIndex #TopGainers

$MA @MindAI_io @MindAIAGENT CA:

1/4 $MA (@MindAI_io ) is here to cut through the noise. 🚀 Designed for smarter crypto decision-making, it uses AI to analyze X, Telegram, and Reddit—filtering out hype and delivering real insights. No more influencer shilling—just actionable data. CA:

$MA just launched on Dex @BNBCHAIN .

Our $MA token is live for trading! Official exchange links: 🔗 🔗 MEXC: 🔗 PancakeSwap: CA: 0xb5Ab5cF2e2c686aE43F01F23859F3a55a8629C1C Trade $MA now! 🚀

1) What: $MA 2) Wen: TODAY 3) What time: 1 PM UTC 4) Where: Gate / MEXC / PancakeSwap If you know, you know..

$MA is live in 10 min @MindAI_io

Our $MA token goes live in one hour! The initial Market Cap starts at ONLY $565K, with an FDV of $5M. Let's cut through the noise with the facts you need to know before the launch 🧵👇

$MA is launching in 15 mins! → 5M FDV → All IDOs sold out → 565k Initial MC → Bouncing market with fresh LIQ! Letsgoo!!

$MA Is Listing Today at 6:30 IST On 👇 → @gate_io → @MEXC_Official → @PancakeSwap Lets gooo 🚀 and welcome to @BNBCHAIN Track how their AI works: @MindAIAGENT

We're excited to reveal the full lineup for our $MA launch 🔥 → @gate_io → @MEXC_Official → @PancakeSwap $MA will officially launch on February 20 at 1 PM UTC 📅 Stay tuned to our announcements 🔔

We're excited to reveal the full lineup for our $MA launch 🔥 → @gate_io → @MEXC_Official → @PancakeSwap $MA will officially launch on February 20 at 1 PM UTC 📅 Stay tuned to our announcements 🔔

$MA is launching on @BNBCHAIN Go read and learn about them. Education is a 🔑 Memes are community 👥

最终部署在bnbchain上，看来这波的流动性扶持和cz造的热点吸引了不少项目方。

The moment we have all been waiting for... We're pumped to announce that @gate_io is the first CEX in our lineup! $MA will officially launch on #Gateio on February 20th 📅 Open your account, deposit funds, and get ready for the TGE 🔥 👉 Try to guess

Mind AI $MA is launching on @BNBCHAIN 👀 The recent surge in BNB chain activity shows massive untapped potential. There are a lot of opportunities to capitalize on. And soon, Mind AI's edge will be available for you to do just that.

Mind AI $MA is launching on @BNBCHAIN 👀 The recent surge in BNB chain activity shows massive untapped potential. There are a lot of opportunities to capitalize on. And soon, Mind AI's edge will be available for you to do just that.

Mind AI 的这个功能挺有意思的。 相较于kaito的提升项目的影响力，他就是为了喊单设计的AI。 你在仪表盘设置了，比如哪位你认可的大哥喊了个ca。 直接tg bot帮你买。 很适合P。 有的工具有聪明钱包的地址或者kol地址，但是不知道名人。 名人一喊单就可以用这个P。

Time to lock in. The $MA IDOs are taking place next week! Here are all of our launch partners so you don't miss them: ▫️ @eesee_io → Feb 18 ▫️ @SeedifyFund → Feb 17-18 ▫️ @decubate → Feb 19 ▫️ @DegenPadHQ → Feb 18-19 Stay tuned, be prepared.