Forgot to mention a point earlier—Circle was primarily promoting the concept of AI payments before. This idea is indeed quite innovative, with the core being to bypass the KYC issues banks have with AI Agents. Banks find it difficult to open accounts directly for AI Agents since Agents lack legal entity status and cannot bear responsibility. But stablecoin wallets can enable Agents to make direct payments, like buying APIs, purchasing data, acquiring computing power, or accessing model services. This was the story Circle wanted to tell at the time. In the future, machines will also need to settle transactions in USD with other machines, and USDC could become the payment currency in the AI world. However, the problems with this approach are also quite obvious. While AI Agent payments superficially solve the issue of making payments, they don't address questions like: Who authorizes the AI Agent to pay? What's the payment limit? Who's responsible if the wrong purchase is made? Who compensates if phishing occurs? Can refunds be issued if merchants fail to deliver? What happens if the Agent gets tricked by prompt attacks and spends recklessly? These are issues that banks (credit cards and debit cards) can solve but stablecoins cannot. That's why the narrative around AI payments has cooled down now (same goes for crayfish). Stablecoins can bypass bank accounts but can't bypass these fundamental payment infrastructures. After all, they're still meant for human use. To be honest, AI payments do offer a great space for imagination, but there's still a lot of groundwork that needs to be done.