# stablecoins — X 热门讨论 (2026-09-20 18:16 UTC)
## @Saanjana_Nikita (Saanjana Nikita) · 09-20 15:15 · ♥43 ↻0 💬42 just read about scammers in venezuela paying shops with fake usdt
token shows up in the wallet with the same name and symbol, so it looks legit at first
but it’s actually a clone with a different contract address and $0 value
the merchant sees “payment received,” hands over the goods, and the buyer leaves. one merchant reportedly lost more than $5,500 this way
nothing was hacked. they just relied on people checking the token name instead of the contract address
when crypto payments get this fast, people don’t always stop to verify every detail
if you accept stablecoins through a self-custody wallet, check the dollar balance after every payment. a fake token will show $0
and always match the contract address with the one listed by tether
wallets should probably flag this by default rn, it still depends too much on the wallet you’re using. https://x.com/Saanjana_Nikita/status/2101691603404411238
## @zordcrypt (ZORD CRYPT) · 09-20 17:10 · ♥52 ↻0 💬25 Arc is only four days old, but it already looks different.
We had an influx of launchpads and memes.
But that wasn’t really the main point of Arc mainnet, in case you have forgotten.
@arc launched with BlackRock, Visa, Mastercard, DTCC, ICE, Standard Chartered, Galaxy, MoneyGram, SBI, Sumitomo, Worldpay, and Circle.
They produced the first blocks.
That tells you what @circle is building:
Not just another trading chain as usual.
A dollar-based settlement network institutions could actually use.
✦ What makes @arc different?
Arc is an EVM-compatible Layer 1 that went live on September 16, 2026.
Instead of paying gas with a volatile token, users pay fees in $USDC.
Transactions settle in under a second, blocks don’t reorganize, and the network starts with permissioned validators rather than anonymous operators.
@circle calls it an Economic OS for payments, foreign exchange, lending, tokenized assets, and eventually AI-to-AI payments.
✦ The infrastructure is already here
For a day-one launch, the stack is unusually complete.
→ USDC is native gas, while EURC is already live. → CCTP lets USDC move across more than 20 chains without wrapped tokens. → StableFX handles institutional foreign exchange between stablecoins. → Morpho Blue and Aave V4 launched immediately for lending. → Uniswap and Aerodrome provide trading. → Chainlink supplies price feeds and proof-of-reserves.
Circle also brought USYC, its tokenized Treasury fund, while cirBTC lets Bitcoin holders borrow stablecoins without selling their BTC.
✦ What’s still coming?
Not everything is live yet.
Circle plans to add confidential transactions, expand privacy features, transition toward Proof of Stake in 2027, and activate the $ARC token, which will support staking, governance, and validator incentives.
Importantly, $USDC remains the gas token.
$ARC is not replacing it.
✦ Where is the money actually going?
The interesting part isn’t the validator logos.
It’s where liquidity settled after launch.
Right now, Arc has roughly:
- $628M in stablecoins, almost entirely USDC. - $341M in DeFi TVL. - Around 90% of that TVL sits inside Morpho ($185M) and $Aave ($127M). - Uniswap holds about $24M, while Aerodrome is much smaller.
Shows this isn’t a memecoin-driven launch anymore.
The capital that stayed is sitting inside lending markets.
✦ One caveat
High deposits don’t automatically mean high activity.
Early on, $Aave filled supply quickly, but borrowing remained relatively low.
Some of that liquidity came from institutional partners like Galaxy, Cumberland, Keyrock, and Steakhouse.
The real metric to watch isn’t deposits.
It’s borrow utilization.
If institutions begin borrowing against cirBTC, USYC, and future tokenized funds, Arc starts functioning like the collateral engine Circle designed.
✦ What matters next?
Over the next few months, a few milestones matter more than headline TVL.
• Does BlackRock’s BUIDL arrive and get used as collateral? • Does borrowing on Morpho and Aave increase? • Do Rain, Thunes, Wirex, and Circle Payments Network generate real payment flows? • Does StableFX build meaningful FX liquidity? • Does DTCC’s 2027 tokenization roadmap stay on schedule?
✦ The bigger picture
Arc’s first few days look less like a typical Layer 1 launch and more like financial infrastructure coming online.
The biggest signal isn’t DEX volume.
It’s that liquidity is concentrating around $USDC, lending, and settlement.
For now, @arc looks more like a credit and treasury network than a speculative chain, and that’s exactly what Circle appears to be building. https://x.com/zordcrypt/status/2101720721110290732
## @BullBrezza (BullBrezza | Macro & Crypto) · 09-20 14:48 · ♥51 ↻4 💬5 STOP LOOKING AT THE $SUI CHART FOR 60 SECONDS.
Something much bigger is happening underneath it.
While crypto Twitter is debating candles…
SUI IS QUIETLY BUILDING THE FINANCIAL OPERATING SYSTEM I’VE BEEN TALKING ABOUT.
Look at what happened recently.
African fintech Daya just integrated Sui as settlement infrastructure.
Businesses can move stablecoins GASLESSLY.
Nigeria first.
South Africa, Ghana and Kenya planned next.
Now Sui is pushing confidential finance:
Balances and payment amounts can remain confidential while the system can still preserve controlled visibility for compliance.
Think about why that matters.
A serious company cannot put payroll, supplier payments and treasury movements on a blockchain where competitors can watch every dollar moving.
PUBLIC MONEY RAILS NEED PRIVATE BUSINESS LOGIC.
Sui is attacking that problem.
Then look at everything being assembled around it:
Gasless stablecoins. Confidential payments. DeepBook liquidity. Bitcoin DeFi infrastructure. Walrus data. Seal access control. AI-agent payments. Commodities + FX infrastructure. Cross-chain capital rails.
People keep asking me:
“When will Sui adoption come?”
Brother…
What exactly do you think you're watching?
This is the mistake retail makes EVERY cycle.
They wait for:
TVL to explode.
Users to explode.
Institutions to arrive.
Price to explode.
Headlines to become obvious.
And THEN they call the project “fundamentally strong.”
😂
BY THE TIME EVERYONE AGREES WITH YOUR THESIS, YOUR INFORMATION ADVANTAGE IS GONE.
I don't study SUI because I want to know what it is worth TODAY.
I study Sui because I want to understand WHAT IT IS BECOMING.
Payments → settlement.
Settlement → liquidity.
Liquidity → financial applications.
Financial applications → businesses.
Businesses → users.
Users → economic activity.
And economic activity is ultimately what gives a network value.
Here's the part people are still missing:
SUI IS NOT BUILDING ONE KILLER APP.
IT IS BUILDING THE RAILS ON WHICH 1,000 KILLER APPS COULD OPERATE.
That is a completely different bet.
The crowd sees another Layer 1.
I see an architecture slowly connecting:
MONEY + DATA + OWNERSHIP + LIQUIDITY + AI.
And if those pieces compound together…
I believe today's arguments about whether SUI is cheap will eventually look ridiculously small.
Remember:
PRICE IS THE LAST THING RETAIL NOTICES.
Builders move first.
Infrastructure comes next.
Usage follows.
Liquidity notices later.
And retail usually arrives with the screenshot.
That's why I study the machine before I study the candle.
Financial Literacy before Financial Freedom.
FIRST PRINCIPLES FIRST. https://x.com/BullBrezza/status/2101684974428786690
## @CoinTalkX (CoinTalk) · 09-20 11:42 · ♥49 ↻0 💬2 BREAKING NEWS 🚨 Did you know issuers on @StellarOrg can apply asset-level controls such as requiring approval before an account can hold an asset, freezing balances, or clawing assets back?
These controls operate directly at the protocol level rather than through smart contracts, helping explain why regulated funds and stablecoins have found a place on the $XLM network.
@FTDA_US’s BENJI money market fund is issued on Stellar, while DTCC said in May that it plans to tokenize DTC-custodied assets on Stellar, according to @BuildOnStellar. https://x.com/CoinTalkX/status/2101638063642275924
## @0xVishnya (Nikita) · 09-20 12:13 · ♥41 ↻2 💬4 Arc launched its mainnet and the first fintechs are already on board
Here are the first ones:
- @PulsarMoneyApp is a money app: USD and EUR accounts in your name, zero-fee stablecoin funding, and a card that spends straight off that balance, nothing to top up. Cashback comes as points, and you pick which purchase gets refunded, paid back in USDC - @wirexapp plays both sides: its own crypto card, and the issuing rails behind other companies' cards. Pulsar's card is issued by Wirex - @moonpay stopped being the buy crypto with your card company a while ago. On and off ramps, virtual accounts, global payouts, stablecoin issuance, custody, checkouts, and now wallets for AI agents. A lot of it bought, not built
@arc is the L1 from @circle , the company behind USDC. Gas is paid in USDC, settlement lands in under a second, and the chain was built for stablecoins and the fintechs moving them > 引用 @stacy_muur: I’ve been looking through the @Arc ecosystem, and here are some projects worth noting ↓
LENDING & YIELD
• @aave | Lending and borrowing. • @Morpho | Lending markets and yield vaults. • @maplefinance | Asset management and lending. • @0xfluid | Lending, borrowing and trading.
TRADING
• @Uniswap | Token swaps and liquidity pools. • @AerodromeFi | Stablecoin trading and FX liquidity. • @CurveFinance | Swaps for stablecoins and similar assets.
LAUNCHPADS
• @arcpad_meme | Memecoin launches with locked liquidity. • @Archemistdotfun | Token launches with creator fee sharing. • @UBIdotFUN | Memecoin launches with holder fee rewards. • @SharcFun | Memecoin launches that graduate to liquidity pools. • @minarafun | Token launches with USDC liquidity.
PAYMENTS
• @raincards | Infrastructure for stablecoin-funded cards. • @ThunesPayments | Cross-border payments for banks and wallets. • @wirexapp | Crypto payments and debit cards.
WALLETS & ACCESS
• @MetaMask | Self-custody wallet for assets and apps. • @BinanceWallet | Web3 wallet with Arc support announced. • @Ledger | Hardware wallets for securing private keys.
TOKENIZED ASSETS
• @centrifuge | Infrastructure for tokenized investment products. • @DinariGlobal | Tokenized stocks and ETFs.
BRIDGES & DATA
• @AcrossProtocol | Cross-chain token transfers. • @chainlink | Price feeds and cross-chain infrastructure. • @blockscout | Explorer for transactions and wallet activity.
Not all are confirmed day-one launches, but it’s good to see this much interest in building on Arc. https://x.com/0xVishnya/status/2101645975538299148