GM Laying Off 1,700 At Electric Vehicle And Battery Plants, Citing ‘Slower’ EV Adoption

Circle’s new project, ARC Testnet, has caught the financial world’s attention for one reason: the list of participants is staggering. BlackRock, Goldman Sachs, Visa, Mastercard, and Deutsche Bank are all tied in. But the real breakthrough lies in a simple innovation, USD-denominated gas fees. By allowing blockchain transactions to be paid directly in dollars rather than volatile crypto, Circle may have just eliminated the final obstacle keeping $29 trillion in global pension funds out of the digital asset markets. For years, institutional investors have hesitated to enter crypto not because of lack of infrastructure, but because of operational risk tied to crypto-denominated fees and fluctuating assets. Circle’s ARC testnet bypasses that entirely, creating a compliance-friendly environment where gas can be paid in stablecoins. This seemingly small detail creates massive implications. Suddenly, large funds can settle, custody, and transact entirely within a digital framework that still operates in fiat terms. That’s an open invitation for financial institutions that already manage tens of trillions in traditional markets. While ARC mainnet is not expected until 2026, insiders say budget allocations for pilot programs are already happening now. Financial institutions are treating ARC preparedness as a 2025 line item. The timing could not be more strategic given that Circle’s anticipated IPO will require a strong growth narrative. By positioning ARC as the missing layer between traditional money and blockchain efficiency, Circle is painting itself as the company that can finally merge the financial system’s past and future. If the rollout continues smoothly, the stablecoin issuer could pivot from utility provider to infrastructure backbone for institutional crypto adoption. Circle’s pitch isn’t about speculation anymore, it’s about owning the rails of the next global financial upgrade. “Circle Just Solved the $29 Trillion Crypto Adoption Problem was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story

We used to build things because we believed in them. Now, we build because someone might buy them. Speculation isn’t just a financial behavior anymore — it’s a cultural operating system. From crypto tokens to content virality to design trends, we live in a world where potential value has replaced real value. Everything is a pre-launch, a teaser, a drop. Even ideas are traded like assets, inflated with hype before they ever mature. Web3 was supposed to decentralize ownership, but what it really decentralized was attention. We all became investors in narratives. Every creator is now a startup; every tweet is an IPO. The new capitalism isn’t about production — it’s about participation in momentum. The problem? Momentum doesn’t create meaning. Design has absorbed this sickness too. Products are released half-finished, optimized for FOMO instead of function. Brands trade authenticity for aesthetics that look “investable.” And creatives — once obsessed with craft — are now caught in loops of engagement farming. It’s not “What did you make?” anymore. It’s “How many noticed before it was over?” Speculation rewards velocity, not vision. It turns creativity into a casino, where we keep betting on our own relevance. Even the language of art has shifted — “drops,” “floor price,” “community alpha.” We stopped talking about what something means and started asking what it’s worth. This economy of anticipation keeps us in a constant state of almost. We’re always on the verge of the next thing — but nothing lands, nothing lingers. Attention, like capital, has become liquidity. To create meaning again, design has to resist this speculative loop. It has to slow down, to reclaim patience as a form of rebellion. The future shouldn’t just be bought early — it should be built deliberately. Because right now, speculation is our culture’s addiction. And the house always wins. Speculation as Culture was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story