#AI与加密融合 Seeing the transaction volume of stablecoins surpassing 46 trillion, my first reaction is not excitement but increased caution.

What does this indicate? It shows that on-chain capital flow has become mainstream, and PayPal's 20-fold transaction volume means more and more people are using crypto channels for payments. But this is also the time of greatest risk— the larger the funds, the stronger the motivation for whales and project teams to harvest profits.

I've seen too many people stumble in the narrative of "the trend of the times." In 2024, the concept of AI and crypto integration is everywhere, with various AI Agents and AI token projects emerging endlessly. But how many can really last until 2026? I dare say 90% of these projects are just leveraging concepts for fundraising and hot topics for harvesting.

Stablecoins are inherently good—they can truly be used for payments and storage of value. The problem is, when all transactions happen on-chain, you need to be better at identifying genuine demand versus false prosperity. For those projects claiming "AI + stablecoin +", you must ask: besides the concept, what are their actual transaction volumes and user retention rates? Is the liquidity real or artificially created?

Having gone through several cycles, I’ve learned one thing: the safest approach is not to chase the hot trends but to wait until the bubble bursts after the trend passes and see who’s still standing. Stablecoins will continue to be used, AI will definitely be integrated, but don’t be blinded by numbers like "surpassing PayPal." The core logic of making real money hasn’t changed—choose the right track, find genuine demand, and stay away from projects that require you to act quickly through hype.