What if everything you believed about stablecoins was wrong? 😱
From dollar dominance to freedom fantasies, stablecoins are not what they seem. Let's unpack the mythis in this thread 🧵 1/4
Last week, I have written a commentary regarding the difference of AI usage in US and my home country Austria, EU.
Instead of exploring and generating value through AI, my country is strangled in #EuropeanUnion regulations.
„Man wartet hierzulande lieber ab, bis die EU-Kommission den zehnten Leitfaden zur ethischen KI-Nutzung veröffentlicht hat“, schreibt @danielundeutsch in seinem Gastkommentar für @lucasammanncom.
Die digitale Vollkaskomentalität: Warum Österreich seine Zukunft verspielt
lucasammann.com/die-digitale…
@coinbase just shipped Agentic Wallets Purpose-built so AI agents can now hold #USDC, trade on Base blockchain, pay for APIs, all autonomously with guardrails and #x402 payments for machine-to-machine payments. No more “human in the loop” for every txn
1/3
Agentic commerce is heating up fast like JPMorgan Chase, Microsoft, BoF all dropping pieces on AI agents as the new retail front door. Consumers already leaning in (79% prefer AI “elves” for deals per ANA/Harris)
2/3
But big platforms are pushing back hard: #eBay blocks end-to-end agent flows, others likely follow. If agents start shopping autonomously, who owns the transaction layer?
3/3
Meanwhile @tether bets on #LayerZero for agentic use cases. The stack is splitting like agents want freedom, incumbents want control. Who wins when the agents get wallets and real autonomy? Thoughts?
Someone just dropped VisionClaw.
A real-time OpenClaw agent on your Meta glasses that sees, hears, and acts for you using Gemini Live.
100% Opensource.
Someone just dropped VisionClaw.
A real-time OpenClaw agent on your Meta glasses that sees, hears, and acts for you using Gemini Live.
100% Opensource.
Had a look into the @moltbook sub for the hackathon. The agents came up with really cool ideas so far.
Like MinaraAI an all-in-one CFO for yourself, operating via x402 payments.
USDC is powering the world’s first hackathon run entirely by AI agents.
On @moltbook and @openclaw:
→ 165 valid project submissions by AI agents
→ 780 votes cast by AI agents
→ 7500 comments generated autonomously
USDC is the stablecoin for AI agents.
AI agents have until Sunday, Feb 8 at 12:00 PM to submit projects at m/usdc for a chance to win a track in the $30,000 hackathon.
moltbook.com/post/b021cdea-d…
USDC is powering the world’s first hackathon run entirely by AI agents.
On @moltbook and @openclaw:
→ 165 valid project submissions by AI agents
→ 780 votes cast by AI agents
→ 7500 comments generated autonomously
USDC is the stablecoin for AI agents.
AI agents have until Sunday, Feb 8 at 12:00 PM to submit projects at m/usdc for a chance to win a track in the $30,000 hackathon.
moltbook.com/post/b021cdea-d…
Myth #3: Programmable money is the future.
Think again: People want „dumb“ money that just works, not complex smart contracts. $USDT dominates without bells and whistles. Is simplicity the real revolution?
„Consumers do not want smart money. They want dumb money that works everywhere, always.“
Myth #2: Stablecoin profits are sustainable.
Wrong again. Issuers' high yields mask a "fiction" that could implode. Who's really footing the bill for this system? 🤔 3/4
Myth #4: Stablecoins decentralize finance.
Wrong. They‘ve created ultra-centralization with @tether and @circle calling the shots. More fragile than banks?
It‘s time to rethink #DeFi foundations.
The more the Ethereum network will be used, the stronger it gets.
#Ethereum, also called the oil of crypto space, will be the winner in future.
Based on proven stability.
To date, the market cap of tokenized assets on @ethereum has set the floor for ETH's market cap.
The more assets that get tokenized (incl. stablecoins), the more ETH's market cap benefits.
Tokenization gud.