Product Launch - Coinbase launched "Payments MCP" to enable LLMs to perform wallet operations, fiat on-ramping, and stablecoin payments via natural language [1] - The tool, developed by Coinbase Developer Platform, supports local deployment and customization [1] Industry Impact - The initiative aligns with the x402 Foundation, backed by Coinbase and Cloudflare, to standardize AI-driven payments [1] - The goal is to bridge mainstream LLMs with the crypto economy [1]

Market Trends - The global stablecoin supply has reached an all-time high of $280 billion [1] - Digital dollars are increasingly becoming the primary medium of exchange and store of value in the crypto economy [1] Key Players - The largest contributors to the stablecoin supply are USDT, USDC, USDe, USDS, and USD1 [1]

Event Information - CoinDesk举办关于加密经济未来的政策与监管讨论会，地点在国会山[1] - 提供免费的线上虚拟通行证，方便无法前往华盛顿特区的人参与[1] Industry Focus - 会议关注加密货币经济的未来发展方向[1] - 政界人士和政策制定者将参与讨论[1]

Core Insights - The article discusses the complexities of investing in the crypto economy, particularly focusing on bitcoin and the various strategies for portfolio allocation [1][2]. Group 1: Bitcoin Investment Considerations - The launch of spot bitcoin ETFs has facilitated institutional adoption, leading to increased interest in bitcoin allocation among investors [2]. - Bitcoin is characterized as a highly volatile asset with unique valuation drivers, primarily influenced by supply and demand, investor sentiment, and adoption trends [3]. - Experienced investors with a risk appetite may find benefits in bitcoin, including enhanced risk-adjusted returns, diversification from traditional assets, and alternative upside potential [3]. Group 2: Portfolio Allocation Strategies - Advisors and investors are advised to allocate capital to bitcoin that they can afford to lose, with some integrating it into alternative investment sleeves or alongside aggressive equity growth [5]. - Due to bitcoin's volatility, maintaining the desired allocation requires active management and a long-term investment horizon rather than focusing on short-term gains [6]. - A recommended allocation of 1-5% to bitcoin can capture upside potential while limiting downside risks, with historical data showing that incorporating a 4% bitcoin position into a standard 60/40 portfolio significantly boosts annualized returns from 9.1% to 16.2% [7].

Event Overview - CoinDesk's Consensus event aims to foster relationships within the rapidly evolving global crypto economy [1] - Consensus events are scheduled for 2026 in both Hong Kong (15 thousand attendees) and Miami (20 thousand attendees) [1] Registration Information - Registration links are provided for both the Hong Kong and Miami Consensus events [1]

Partnership & Integration - Coinbase partnered with Perplexity AI, indicating a strategic move beyond data provision [1] - The partnership aims to provide traders with an AI edge, suggesting enhanced trading capabilities [1] - The collaboration lays the groundwork for full Large Language Model (LLM) integration into the crypto economy [1] Potential Impact - The integration could significantly alter the crypto landscape, implying transformative changes [1]

Stablecoin & Crypto Economy - The GENIUS Act is expected to solidify stablecoins as the foundation of the global crypto economy [1] - The report questions whether Bitcoin can achieve its full potential if stablecoins become the basis of the crypto economy [1]

Crypto Market Foundation - Bitcoin is considered the unshakable foundation of the entire crypto economy [1]