What are you going to do with that Bitcoin to make money. Well, as a business, we're going to build products and services that have customers and high margins and growth and cash flow. So I've been very vocal.I don't think of 21 as a Treasury company. We're a Bitcoin company and it's such a simple term that it might go in one ear and out the other. But if you think about it, there are no Bitcoin companies.The spectrum, as we see it, is on one side you have these Treasury businesses which aren't as focused o ...

“A major financial shift may be flying under the radar” ✈️@Scaramucci told @imyoungsparks and @stvngts on Episode 2 of Layer One that he was stunned by recent comments from @SECPaulSAtkins on the future of financial services, calling the silence around it “unbelievable.” 🔇 https://t.co/wOjXqQUH6R ...

Industry Trend - The financial industry is experiencing a "token factory revolution," where everything is being tokenized, including information, money, and power [1] - AI, payments, and financial services are rapidly converging, with tokens becoming essential for decision-making, coordination, and access [1] - A new stack is forming in the industry, where companies are building, supplying, or orchestrating tokens [2] Investment & Innovation - The industry is betting on a new generation of young founders who are native to the shift towards tokenization [2] - These young founders are building access tokens, expert tokens, and asset tokens, indicating a move beyond stablecoins [2]

“We think of stablecoins as becoming the most essential core infrastructure of financial services.”@Schuman_io CEO Martin Bruncko joins @coindesk’s @SamEwen and discusses how stablecoins are streamlining global transactions, enhancing financial inclusion, and driving new growth and efficiency in finance. ...

RT CoinDesk (@CoinDesk)🔥 TODAY: Speaking at @Ripple’s Swell 2025, Bitwise CEO @HHorsley claimed:“Traditional financial services and crypto are finally coming together.” https://t.co/pm7EaN3YIG ...

Business Venture - MrBeast 提交了 "MrBeast Financial" 的商标申请 [1] - MrBeast 可能准备在金融服务领域推出一项新业务 [1]

Stablecoin Adoption & Security - Squads products secure $2 billion in stablecoins [1] - Stablecoins are considered the future of financial services [1] Company Focus & Product Suite - Squads is building a full suite of products for stablecoin finance, targeting businesses, consumers, and developers [1] - The company emphasizes security, programmability, and global reach [1]

Circle's Valuation and Analyst Opinion - Bernstein initiated coverage on Circle with a price target of $230, $50 higher than the current price, considering it a must-hold for investors [1] - Concerns exist regarding Circle's valuation, which has increased by 500% since its IPO earlier this month [1] Stablecoin Market and Circle's Position - Stablecoins are viewed as digital dollars on the internet, evolving from a money rail for crypto to a broader internet money rail with implications for payments and financial services [3] - The stablecoin market is projected to grow from $225 billion to $4 trillion over the next decade, based on use cases in crypto, tokenized capital markets, payments, and financial services [4] - Circle, once the Genius Act is passed, is expected to be the largest regulated stablecoin, providing it with a regulatory edge and a significant head start over competitors due to its $61 billion of liquidity [4][5] Circle's Business Model and Revenue Streams - Stablecoins are now defined as payment stablecoins, 100% backed by demand deposits, bank deposits, repos, and US Treasuries, ensuring they maintain a 1:1 peg to the dollar [8] - Circle generates revenue by holding the yield against its stablecoin collateral and enabling infrastructure for the broader ecosystem, facilitating the use of digital dollars for payments and financial services [9] - Circle's revenue streams include float income, influenced by the rate environment, and fee income from the Circle payments network, which is expected to grow over the next 5-10 years [10] Future Growth and Demand - The total demand for stablecoins, driven by various use cases, is expected to offset potential declines in float income due to rate decreases [11][12] - The conviction in Circle's potential stems from the overall demand for stablecoins and the bottom-up industry demand [12]