Biteye

This article will delve into the issuance mechanism of USDC, its competitive advantages, and the investment value of Circle.
Author: Biteye core contributor dddd
Introduction
In the global digital currency market, stablecoins serve an increasingly important role as a bridge connecting traditional finance and the cryptocurrency world. As the second-largest stablecoin by market share, USDC (USD Coin) and its issuer, Circle, have recently garnered significant attention in the market. Since Circle's IPO in early June at a price of $31, its stock price has soared to nearly $200 (peaking at $298.99). This remarkable stock performance not only reflects the growth trajectory of the stablecoin industry but also reveals the opportunities and challenges faced by this emerging financial instrument. This article will delve into the issuance mechanism of USDC, its profit model, competitive advantages, as well as the financial status and investment value of Circle.

Currently, the rapid development of AI has created a huge demand for computing resources and related infrastructure. However, traditional financing models have numerous drawbacks: they are slow, opaque, geographically limited, and lack scalability.
The birth of USD.AI is aimed at addressing the financing pain points of AI hardware and DePIN. Projects such as GPU computing clusters and new IoT networks often have huge capital expenditures but find it difficult to obtain loans from traditional banks (even if they have stable cash flows). At the same time, a large amount of DeFi funds lack reliable high-yield destinations.
USD.AI connects the two: by using a protocol pool to lend users' stablecoins to rigorously selected AI infrastructure operators, with their expensive hardware as collateral. In this way, these operators obtain the much-needed expansion funds to purchase more equipment and scale their computing power, while the contributing crypto users earn high interest returns on their loans, achieving a win-win situation.

Today's zone market capitalization: $8.64B -3.37%
The zone is pulling back in sync with the market, and there is a clear wait-and-see attitude, looking forward to more innovations in the on-chain AI ecosystem.
📈24h Coingecko Trading Volume Top 10:
Token Trading Volume Market Capitalization Price Volatility
1- $VIRTUAL $238.1M $953.0M $1.46 -8.6%
2- $BANANAS31 $223.6M $159.9M $0.02 +17.9%
3- $TAO $148.0M $2.9B $325.30 -5.2%
4- $AIXBT $62.3M $125.0M $0.13 -4.7%
5- $KAITO $52.3M $340.3M $1.42 -2.0%
6-

Abstract: The GOAT Network Economic Brown Paper 2.0 has been released, systematically addressing the security and incentive issues of Bitcoin-Native ZK Rollup.
Author: Core Contributor of Biteye
@viee7227
@GOATRollup
In the Bitcoin-Native ZK Rollup Economic Brown Paper 2.0, an innovative economic design system is proposed to address the common issues of centralization, incentive imbalance, and security bottlenecks in the Bitcoin Layer 2 ecosystem. The core framework builds a fairer, sustainable, and intrinsically growth-potential BTCFi yield network through general operator rotation, cross-role subsidies, revenue pool splitting, and the pBTC/yBTC yield model.
This article will break down the economic model and core technology of the GOAT Network, including general operations.

Abstract: A deep study of the InfoFi track, revealing how information is used to hype attention, trade reputation, and bet on trends.
Author: Biteye core contributor @viee7227
Recently, the InfoFi concept has been rising rapidly. The Leaderboard of the leading project Kaito has allowed early participants to earn substantial profits, and after the launch of the Snaps feature by the second-tier project Cookie.fun, the coin price surged sharply.
When KOLs and whales have already started "mining" in the InfoFi track, are you still confused: what exactly is this InfoFi? It doesn't trade BTC or ETH, but rather the intangible "attention", "reputation", and even the "probability of events occurring". Is this reliable? More importantly, as a retail investor, how can you get a piece of the pie?
This article will deeply analyze the core of InfoFi, for

Today's zone market capitalization: $9.19B -12.4%
Due to geopolitical tensions and technical breakdowns, the market is experiencing a Black Friday today, and the AI zone is no exception. The good news is that on-chain AI and cryptocurrencies are gaining further recognition from traditional markets.
📈Top 10 24h Trading Volume on Coingecko:
Token Trading Volume Market Cap Price Volatility
1- $VIRTUAL $391.3M $1.2B $1.78 -15.1%
2- $TAO $151.9M $3.2B $364.14 -10.3%
3- $KAITO $107.7M $338.3M $1.40 -14.2%
4- $AI16Z $99.7M $177.8M $0.16 -20.0%
5-