Circle announces collaboration with MasterCard, the next phase of the crypto industry belongs to payments
Circle's most well-known product is its stablecoin USDC. Currently, the circulation scale of USDC has exceeded 77 billion dollars, making it one of the largest stablecoins in the world. However, Circle's goals do not stop there. The company is committed to building a complete set of infrastructure to drive blockchain payments and financial services towards true mass adoption. Specifically, Circle provides blockchain-based payment capabilities and financial functions for businesses by offering developer tools, launching the Circle Payments Network, and building its own blockchain Arc, enabling almost any company to access the on-chain financial system.
Every time the market crashes, you can see mockery of Michael Saylor online. Some lightly joke that he won't time the market at low prices, while others say that Strategy is about to explode. Let's try to summarize what Strategy is doing with our own understanding; perhaps we can give Michael Saylor a bit more understanding and respect. In the context of the bull market, the operational scenario of Strategy: low-cost financing through issuing stocks and bonds → buying Bitcoin → Bitcoin rises → the company's net assets and stock price rise → refinancing to buy more Bitcoin, forming a positive feedback loop.