Group 1 - The central bank's recent statements on stablecoins provide clear guidance for the future development of the industry, emphasizing compliance and security as core principles [3][8] - TRON has achieved a breakthrough in transaction processing capability, handling millions of transactions per second with confirmation times of just three seconds and negligible fees, significantly enhancing user experience [3] - The USDT stablecoin, based on the TRON blockchain, has seen substantial adoption, with on-chain transaction volumes reaching $1.6 trillion and over 268 million transactions in the past six months, leading the stablecoin market [3] Group 2 - TRON is leading in compliance by collaborating with global regulatory bodies, being the first stablecoin protocol to pass the EU MiCA regulation and comply with ISO 20022 standards, enhancing market trust [4] - The recent launch of the USD1 stablecoin, backed by short-term government bonds and cash, marks a significant advancement for TRON in the digital asset space, with a focus on transparency and compliance through third-party audits [6] - TRON aims to achieve zero-cost stablecoin transfers by the end of 2025, enhancing global payment competitiveness, while also expanding the application of stablecoins through cross-chain upgrades and the RWA project [6]

详解金融科技与 AI 算力的"核聚变"：RWA+算力租赁 20250624 摘要 今年 5 月 20 日，美国参议院迅速通过了美国稳定币法案。次日，中国香港特 区政府发布了稳定币条例草案，并在不到十天内将其正式立法。今年 8 月 1 日， 中国香港将正式发布申请稳定币的一系列要求，相关企业可以进行申请。目前， 包括京东数科在内的一些企业已在稳定币沙盒领域进行进一步落地。中国香港 政府同时推进两个沙盒计划，一个是针对稳定币，一个是针对以 RWA 为首的 生态圈建设。 中国香港在推动稳定币及其应用场景方面有哪些具体措施？ 中国香港政府不仅发布了有关稳定币的立法规章，还考虑到这些上链后的使用 场景。目前正在推进两个沙盒计划：一个是"稳定币计划"，另一个是"以 RWA 将链下资产引入加密市场，满足了加密货币投资者对稳定收益资产 的需求，尤其是在市场震荡期，通过稳定币作为媒介，解决了传统法定 货币无法直接锚定波动性较大的比特币的问题。 中国香港积极推进稳定币和 RWA 的立法及沙盒计划，旨在构建整体生 态圈，确保上链后的应用场景有效落地，吸引了京东数科等企业探索内 循环体制，推动生态系统发展。 蚂蚁数科积极布局 RWA ...

Core Insights - Central banks and regulatory bodies are accelerating the exploration of blockchain technology in the financial system, with a focus on Central Bank Digital Currencies (CBDCs) and stablecoins as key drivers of development [1][3] - The introduction of the Hong Kong Stablecoin Regulation Draft signifies the recognition of compliant digital assets in the Asian financial market [1][4] - TRON, as an early player in the industry, has developed a stablecoin strategy that integrates technology, ecosystem, and compliance, positioning itself for global expansion [1][4][7] Blockchain Technology Reshaping Payment Systems - Blockchain technology enables "payment upon settlement" through decentralized ledgers and smart contracts, significantly reducing the time and cost associated with traditional payment systems, particularly in cross-border payments [3] - Traditional SWIFT systems take 2-3 business days for settlement, while blockchain solutions can reduce this to minutes, cutting costs by over 60% [3] - TRON's network features high throughput (over 2000 transactions per second) and low transaction fees (approximately $0.1 per transaction), making it an ideal infrastructure for stablecoin circulation [3] Milestone Significance of Hong Kong's New Policy - The Hong Kong Stablecoin Regulation Draft mandates issuers to maintain sufficient reserves and undergo regular audits, integrating stablecoins into the financial regulatory framework [4] - This policy aims to regulate market chaos and provide a development window for compliant enterprises [4] - TRON has collaborated with licensed institutions since 2022 to enhance the transparency of its ecosystem stablecoins, such as USDT-TRON, which has surpassed an issuance of 80 billion, accounting for over 50% of the total USDT supply [4] Regulatory Challenges and AML Pressures - The anonymity and cross-border liquidity of blockchain technology pose challenges for anti-money laundering (AML) and capital controls, with a reported 10% year-over-year increase in illegal transactions related to stablecoins [6] - TRON has improved its suspicious transaction interception rate to over 98% through on-chain analysis tools and data sharing with regulatory bodies [6] - The call for a "global stablecoin regulatory sandbox" aims to establish unified standards to address cross-border collaboration challenges [6] TRON's Stablecoin Strategy - TRON's stablecoin advantages stem from its technical efficiency, comprehensive ecosystem integration, and proactive regulatory compliance in regions like the US and Singapore [7] - The company is developing a cross-border payment protocol based on smart contracts to facilitate automatic currency conversion among multiple fiat currencies [7] - Predictions indicate that 30% of cross-border payments will be conducted via blockchain in the next five years, with TRON aiming to be a foundational infrastructure provider in this transition [7] Industry Transition and Future Outlook - The implementation of Hong Kong's stablecoin legislation marks a shift from unregulated growth to compliant competition within the industry [9] - TRON's technological advancements and strategic foresight have positioned it favorably in the stablecoin sector, although global expansion will face regulatory fragmentation and technological evolution challenges [9] - The coexistence of CBDCs and private stablecoins is expected to redefine the future of the payment industry [9]

Group 1 - The article highlights the importance of weekly announcements from Sunday to Thursday, which include significant stock market updates such as suspensions, increases or decreases in holdings, investment wins, acquisitions, earnings reports, unlocks, and high transfers, marked in red for easy identification [1] - A company has provided digital RMB services to nearly 15,000 single merchants as of the end of last year, focusing on digital currency, blockchain, domestic chips, cross-border payments, multimodal AI, cloud computing, and Huawei's HarmonyOS [1] - Another company is involved in solid-state batteries, lithium batteries, and drones, with existing orders for solid-state battery and key material businesses [1] - A robotics subsidiary of a company is engaged in humanoid robots, autonomous driving, and chips, with products applicable in service robots and humanoid robot sectors [1]

Industry Overview - Cross-border payments are reshaping international trade and personal consumption at an unprecedented speed, driven by globalization [1] - Innovations in payment methods, from traditional bank wire transfers to emerging blockchain technology, are optimizing efficiency and costs, injecting new vitality into global economic integration [1] Technological Advancements - Emerging payment methods like blockchain technology and digital currencies show significant potential in the cross-border payment sector [3] - Blockchain technology enables direct settlement through distributed ledgers and smart contracts, bypassing traditional multi-tiered banking systems, significantly reducing payment time and costs [3] Recent Developments - The launch of the "Cross-border Payment Pass" on June 22 marks the interconnectivity of the mainland and Hong Kong rapid payment systems [3] - This system allows residents to conveniently conduct real-time cross-border remittances in RMB and HKD using mobile numbers or bank accounts, with most transactions exempt from fees [3] Potential Companies - Lakala is one of the first third-party payment companies in China to obtain cross-border payment licenses, holding full licenses for cross-border RMB payments and Hong Kong MSO, supporting cross-border payments in over 100 countries [6] - New Guodu holds a European payment license and its smart POS terminals support real-time settlement in 36 currencies, with overseas market revenue accounting for 38% [6] - Sifang Jingchuang participates in the mBridge project for multi-central bank digital currency, enabling real-time exchange between digital RMB and Euro, HKD [6] - Changliang Technology provides cross-border payment system development, testing, and operation services for banks, assisting clients in connecting to SWIFT and CIPS systems [7] Unique Investment Opportunity - A specific company possesses both "cross-border foreign currency payment license" and "cross-border RMB payment license," enabling two-way cross-border settlement for imports and exports [8] - This company serves 14 banks across different countries, with cross-border business revenue accounting for 31% [9] - Recent shareholder numbers have sharply decreased, indicating a concentrated shareholding structure, with significant trading volume and bullish technical indicators suggesting a favorable entry point for investment [9]

Group 1 - The forum on digital technology and aerospace information highlights the significant opportunities for high-precision, real-time, and intelligent development in the global aerospace information industry [1] - Xinjiang, as a core area of the "Belt and Road" initiative, possesses unique conditions for meeting the aerospace monitoring needs of neighboring countries and enhancing infrastructure connectivity [1] - The integration of digital technology and aerospace information is seen as a key area for countries to seize future development advantages, with technologies like cloud computing, big data, artificial intelligence, and blockchain revolutionizing traditional production models [1] Group 2 - Xinjiang is transforming from a traditional resource base to a "Digital Tianjiang" and an integrated innovation hub for aerospace and digital technology, leveraging its position as a core area of the "Belt and Road" initiative and its green energy resources [2] - The region has established a comprehensive 5G network, Beidou application system, and low-carbon computing hub, facilitating the deep integration of aerospace information and digital technology [2] - This transformation supports national strategies such as "East Data West Computing" and the "Digital Silk Road," providing strategic support for regional development [2]

稳定币究竟是什么？大厂竞相布局又在图什么？ 稳定币概念图。图/视觉中国 什么是稳定币？ "希望有一天大家在全世界消费的时候，京东稳定币可以作为全球的支付手段。" 6月17日，京东集团董事局主席刘强东在一场分享会上透露，京东希望在全球所有主要的货币国家申请 稳定币牌照。 对稳定币显示出野心的不止京东。一周前，蚂蚁国际宣布将在中国香港、新加坡、卢森堡三地布局稳定 币业务；旗下蚂蚁数科也已启动稳定币香港牌照的申请程序。 事实上，稳定币并非新鲜事物，其诞生可以溯源至2014年，由Tether公司推出的RealCoin。该币后更名 为Tether（USDT），以1∶1的比例锚定美元，于2015年2月开始在交易所交易，并逐渐发展成为市场交易 量最大的稳定币之一。此后十年间，虚拟货币市场上涌现出一批稳定币，包括USDC、DAI、BUSD、 TUSD等。 综合这些名称各异的稳定币推出情况，清华大学国家金融研究院院长、五道口金融学院副院长田轩接受 中国新闻周刊采访时给出定义性解释：稳定币是一种特殊的加密货币，其通过与特定资产（如法定货 币、商品或其他加密货币）挂钩，或借助算法机制，将自身价值稳定在某个固定水平。 田轩指出，与比 ...

Core Viewpoint - Lanzhou University (LZU) is enhancing its undergraduate admissions policy for 2025, focusing on innovative talent cultivation and aligning with national strategic needs [1][10]. Group 1: University Background and Philosophy - Established in 1909, Lanzhou University is the first modern higher education institution in Northwest China and has been recognized in national projects such as "211" and "985" [3]. - The university adheres to the spirit of "self-improvement and uniqueness," fostering a culture of diligence, pragmatism, and progress [3]. Group 2: Research Achievements - LZU has made significant contributions in various fields, including a patented system for depression diagnosis in the information science sector, and the development of China's first large-scale asynchronous circuit chip in chip research [4]. - The university's nuclear science department has played a crucial role in China's lunar exploration missions, while advancements in medical fields have led to innovative treatments for serious diseases [4][5]. Group 3: Innovative Talent Cultivation - For the 2025 admissions, LZU will introduce 17 innovative classes across 25 colleges, focusing on interdisciplinary education and aligning with cutting-edge fields such as big data and artificial intelligence [6][10]. - The innovative classes aim to enhance students' comprehensive qualities and innovation capabilities, integrating various disciplines and practical experiences [6][7]. Group 4: Admissions Strategy - The overall undergraduate enrollment will increase by 350 students in 2025, with a focus on STEM and medical disciplines [10]. - Specific majors will be directly admitted, eliminating concerns about secondary selection processes, and the university will optimize its professional layout by discontinuing certain programs [10][11]. Group 5: Talent Development Reforms - New programs will be introduced to meet national medical talent needs and carbon neutrality goals, including the establishment of "elite classes" in clinical medicine and earth sciences [11]. - The university will allow more flexible major transfers for students, enhancing their educational pathways and aligning with career aspirations [12][13]. Group 6: Invitation to New Students - Lanzhou University invites the 2025 cohort to join its vibrant academic community, emphasizing the importance of personal growth and academic exploration [14].

Core Viewpoint - Derin Holdings (01709.HK) has entered into a non-binding term sheet with Via BTC Holdings Limited to establish a strategic partnership focused on cryptocurrency and digital asset services [1][2] Group 1: Strategic Partnership - The partnership will involve the formation of a joint venture to engage in OTC cryptocurrency trading, asset management, and family office services for OTC and/or cryptocurrency mining clients [1] - The collaboration aims to leverage Via BTC's existing infrastructure and expertise in financial advisory, securities trading, and brokerage to create synergies [2] Group 2: Business Diversification - This strategic move allows Derin Holdings to accelerate its entry into the high-growth digital asset and blockchain services sector, diversifying its business portfolio beyond traditional finance [2] - The partnership will extend the company's existing asset management and family office services to include OTC and cryptocurrency mining clients, generating diversified revenue streams and expanding market coverage [2]

Group 1 - The stock of JiaoKong Technology (688015) has a comprehensive score of 50.21, indicating a strong performance [1] - The main cost analysis shows that the current main cost is 20.37 CNY, with a 5-day main cost of 19.87 CNY and a 20-day main cost of 19.99 CNY [1] - The stock has not experienced any limit-up or limit-down events in the past year [1] Group 2 - The short-term resistance level is at 20.12 CNY, while the short-term support level is at 19.45 CNY [2] - The stock price has the potential to strengthen in the short term if it breaks through the short-term resistance level [2] - The K-line pattern indicates a "red three soldiers" formation, suggesting a possible bottoming out and recovery [2] Group 3 - On June 24, 2025, the net inflow of main funds was 2.7089 million CNY, accounting for 13% of the total transaction volume [2] - Large orders contributed a net inflow of 1.042 million CNY, while retail investors experienced a net outflow of 0.8089 million CNY [2] - Related industry sectors include transportation equipment (2.87%), blockchain (2.19%), vehicle networking (3.04%), and railway infrastructure (2.28%) [2]