# stablecoins — X 热门讨论 (2026-09-17 06:15 UTC)
## @ripchillpill (Chill Pill 🔮) · 09-17 04:55 · ♥79 ↻5 💬39 You can never do right by CT people we are literally the worst when it comes to expectations
@arc launched and IMO did a really good job and also “opened the door to the trenches” with some of the team posting about it
then a lot of people started shouting omg why are they doing this is this a meme on chain or a stablecoins chain
we can’t make up our own minds here. if a chain ignores memecoins we say they’re incompetent
if they support them we say they’re criming it
when there’s a pullback we say it’s all over
We are not serious people (and we will never be)
The lesson here is that if you’re building anything in this space, don’t ever look to CT for anything else other than exaggerating and gossiping https://x.com/ripchillpill/status/2100448625784459460
## @KPsConviction (KP) · 09-17 01:20 · ♥47 ↻15 💬10 Have been sidelined on ARC plays but think I’ve found a banger
Before USDC, there was Happy Coin.
Back in 2016, Circle created this little character for Circle Pay, an anthropomorphic coin literally designed to make sending money feel more human and social.
Then Circle went on to launch USDC in 2018, which became one of the largest stablecoins in the world.
$HAPPY > 引用 @Happyonarc: $HAPPY is now live on @arc.
CA: 0xF3Ee8c4544f98967Cb815386691d257195D7c3Fe
In 2016, @circle created a happy coin character that would eventually become the mascot of its business.
Ten years later, Happy Coin is tokenised on-chain.
It’s time for $HAPPY to make history on Arc. https://t.co/YLHTJK9FNF https://x.com/KPsConviction/status/2100394469459886114
## @LeonWgmii (Leon) · 09-17 02:19 · ♥43 ↻8 💬24 stablecoins used to compete on one thing:
who has the most supply?
that game is changing.
because a dollar nobody uses is just idle liquidity.
the real moat is becoming:
>which chains accept you >which apps integrate you >where you can borrow against you >where you can spend you >who distributes you
USDT + USDC still dominate supply.
but challengers are competing through: >yield >DeFi collateral >payments >fintech >institutional rails
the next stablecoin leader probably won’t win by issuing the most dollars.
it’ll win by becoming the dollar users don’t have to think about using.
distribution > issuance. https://x.com/LeonWgmii/status/2100409173825777979
## @spyzer (spyzer) · 09-16 21:53 · ♥41 ↻7 💬18 Why $WALL3 is still under the radar & imo an extremely undervalued token ;
When they launched there was no info on how the token would accrue value & no real timeline on when the treasury would open
Robinhood pushes for RWA & agentic trading. @Wall3_RL does both. And they literally require the onchain stock liquidity/infrastructure to improve in order to get their fund onchain.
Uniquely aligned goals with @vladtenev @RobinhoodCrypto
There are so many external treasuries farming yield/sitting in stablecoins or more recently, idle in onchain stocks. Isn’t it more interesting to direct funds to the first hedge fund onchain?
Or just anyone. Run it non custodially in your own wallet.
Because that’s what it is. The first onchain hedge fund, doxxed team (founders sold company before & worked at multi billion asset management firms), do your research into them
From their disclaimers you can see they are being serious about legal compliance, and from their timing/what they’ve presented so far you can assume they’ve been working on this quite some time.
Literally frontrunning everyone.
A couple days ago, they released a paper on the utility of their token & here’s a TLDR on it 👇
—
How much of the fees go to buybacks
The lever is the "support share" (σ):
•100% at launch. Every dollar of fee cash left after direct costs goes to buying $WALL3 on the open market and burning it. •Steps down to a floor of 50% over three years — but only once FDV passes $100M or TVL passes $50M, and never before October 2030. On the paper's own modelled path the step-down starts October 2030. •Fees are always charged in USDC, never in the token. Anything a customer chooses to pay in $WALL3 (10% discount) is burned directly, on top of the buyback. •Execution cap: purchases are limited to 25% of daily volume. Whatever the cap can't absorb goes into the pool as protocol-owned liquidity until depth hits 5% of FDV, then it also goes to buybacks. •Governance: holders of the access deposit are "intended" to govern share, floor, trigger and cadence so the parameters can change.
The pitch: five fee-generating businesses (own treasury, partner wallets, model portfolios, research seats, a trade-time intelligence API, plus a pooled access vault), all charging traditional hedge-fund style fees ; 1.5% + 10–15% above a high-water mark, or 0.75% + 10% over the S&P for the long-only portfolios. All fees in stablecoins, all routed through one rule into buying and burning the token. The token's job is access: hold 2% of your tracked capital in $WALL3, or pay a 0.5%/yr pass instead.
The headline model: $200k of seed treasury in October, modelled TVL of $944M by 2031 and $6.4B by 2036, with $11M and $70.9M of buybacks in those years.
—-
Not saying they will reach these numbers but even if its a fraction of it, the current price makes $WALL3 seem extremely undervalued to me
2.5M FDV, under 20% of that is circulating
I will personally (high likelyhood) park 50-100k in the fund myself https://x.com/spyzer/status/2100342211611185566
## @ZbcnOg (Zebec Bull 🏴☠️🐂) · 09-16 18:59 · ♥40 ↻7 💬1 Some of y’all still mentally stuck in 2020 😷 Still talking like the world froze at stimulus checks, Zoom jobs, and “when’s the next lockdown.” Bro that era is over. The money already left that room. It’s flowing into real-time payroll, stablecoin rails, cards people actually swipe, and companies that pay workers by the second instead of making them wait two weeks. That’s Zebec. That’s $ZBCN. That’s my biggest bag and I’m not even pretending otherwise. While people are still arguing about 2020 narratives, Zebec is: • dropping payroll on Circle’s Arc mainnet 🔥 • pairing with MoneyGram so workers can cash out globally on Stellar • helping put government benefits onchain with AllUnity / EURAU • adding Earn on Pay, SuperApp, Mastercard spend, tGBP, USD1 • buying back $ZBCN with actual card + payroll + SuperApp revenue, not vibes This isn’t “maybe one day.” They’re already processing hundreds of millions in payroll. Money doesn’t care about your 2020 group chat. It’s going where it can move 24/7, cross-border, and into a card people use at the store. I’m just a regular retail guy. No VC seat. No fancy title. I just noticed the old “wait for payday” system is dying and this one is eating it. So yeah, ZBCN is the bag I actually size up. If you’re still living in COVID timelines, you’re watching the wrong movie. The money already moved. 🐂💸 #ZBCN #Zebec #PayFi #Stablecoins #RealWorldCrypto #Not2020Anymore https://x.com/ZbcnOg/status/2100298645967183956