BlockBeats News, May 12, according to GMGN monitoring, Circle soared 15% after its earnings report and today released the Circle Agent Stack to introduce financial infrastructure for the Intelligent Economy, core components include AI Agent and Nanopayments (USDC Nano Payments).

The x402 ecosystem project Meridian (MRDN), as one of the early integration partners of Circle in the AI Agent payment infrastructure, followed up with a post stating "Now available on Meridian," which was retweeted by the official Circle account.

Driven by the hot narrative of combining AI Agent + USDC Nano Payments, its token MRDN saw a significant surge today, with a single-day increase of over 160% at one point, and a market value currently reported at $28 million. In addition, x402 ecosystem tokens collectively rose due to the rekindled narrative, with multiple tokens such as PAYAI and PING recording intraday gains.

BlockBeats Note: Meme coins are highly volatile, relying heavily on market sentiment and speculative narratives, without actual value or use case. Investors should be cautious of the risks involved.