香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或 任 何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 SY HOLDINGS GROUP LIMITED 盛業控股集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：6069） 有關自願性公告之補充公告 背景及戰略考量 設 立 新 加 坡 國 際 總 部 的 主 要 目 標，是 以 戰 略 性 支持本 集 團 國 際 業 務 拓 展，並 有 效 滿足中小微企業開拓 國 際 市 場 的 與 日 俱 增 需 求。此 國 際 總 部 將 作 為 提 供 綜 合 一 站 式國際供應鏈解決方案的核心樞紐，涵蓋 國 際 訂單匹配與資金周轉撮合服務。 為 配 合 上 述 戰 略 目 標，本 公 司 認 識 到，穩 定 幣 作 為 基 於 區 塊 鏈 技 術 並 與 法 幣 掛 鈎 的 數 字 資產，憑藉其成本效益優勢、即時結算能力及降低外匯風險等特性，已在全 球 供 應 鏈 貿 易 中 迅 速 確 立 ...

Core Insights - Stablecoins are emerging as a "killer application" in the cryptocurrency space, particularly in cross-border payments, due to their low volatility, fast settlement, and low costs [1][2][6] - The total global stablecoin transaction volume reached $6.6 trillion in the past 12 months, marking a year-on-year growth of over 60%, with a market capitalization stabilizing above $240 billion [1][2][18] - Major companies like Stripe, PayPal, Visa, and Mastercard are increasingly entering the stablecoin market, indicating strong institutional interest and potential for further growth [2][3][19] Market Update & Overview - The stablecoin market has seen explosive growth, with transaction volumes surpassing $5 trillion in 2024, compared to Visa's total payment volume of $16 trillion [18] - The market cap of stablecoins exceeded $200 billion in December 2024 and reached over $230 billion in February 2025 [18] - The number of stablecoin transactions has also surged, with over 14 billion transactions recorded [1][18] Applications & Use Cases - Stablecoins are particularly advantageous in cross-border payments, significantly reducing transaction times from 2-5 days to within 24 hours and cutting fees by over 50% [3][6] - In emerging markets like Argentina, stablecoins are being used to hedge against local currency devaluation, while businesses in Southeast Asia and Latin America are utilizing them for international supplier payments [3][6] - Companies like Circle and Ripple are developing platforms that facilitate real-time cross-border payments and international settlements [3][6] Ecosystem Development - The stablecoin ecosystem is evolving into a multi-layered service structure, similar to credit card and stock trading systems, with various players providing different services [4][12] - Traditional financial institutions, including JPMorgan and Standard Chartered, are exploring stablecoin-related services, indicating a shift towards integration with traditional finance [4][5] - Companies like BitPay and Transak are enhancing the infrastructure by offering services that bridge fiat and stablecoin transactions [4][5] Regulatory Landscape - Regulatory frameworks for stablecoins are becoming clearer, with the EU approving ten companies for stablecoin issuance under the Markets in Crypto Assets regulation [5][18] - The U.S. Senate is considering bipartisan legislation to address regulatory uncertainties surrounding stablecoins, which could further legitimize their use [5][18] - As regulations solidify, more banks and payment companies are viewing stablecoins as compliant payment tools rather than fringe innovations [5][6] Future Outlook - Stablecoins are expected to evolve from mere payment tools to integral components of financial infrastructure, potentially working alongside Central Bank Digital Currencies (CBDCs) [6][12] - The ongoing technological advancements and ecosystem maturation suggest that stablecoins will play a crucial role in the future of digital finance, enabling automated payments and treasury management for businesses [6][12] - The rise of stablecoins is reshaping perceptions of money and payment systems, driven by their ability to address traditional financial inefficiencies and cryptocurrency volatility [6][12]

Group 1 - On July 8, Jin Yong Investment surged over 650%, rising from 1.99 HKD to 15 HKD, following the announcement of a strategic partnership with AnchorX to explore stablecoin applications [1] - On July 3, Multi-Point Intelligence saw a nearly 90% increase, climbing from 9.01 HKD to 17.10 HKD, as media reported the company is preparing to apply for a stablecoin license in Hong Kong [1] - On June 26, Victory Securities experienced a rise of over 160%, increasing from 3.72 HKD to 9.7 HKD, after multiple local Hong Kong brokerages completed the upgrade of their first license [1] - On June 25, Guotai Junan International surged nearly 200%, from 1.24 HKD to 3.7 HKD, as the company was officially approved to provide cryptocurrency and other virtual asset trading services [1]

无需港股通，A股账户就能T+0买港股>> 港股金涌投资午后飙升，现涨幅扩大至500%，成交额超6600万港元。公司与AnchorX战略合作，探索 稳定币应用场景。 ...

Group 1 - Minna Bank is collaborating with Fireblocks, Solana Japan, and TIS to assess the feasibility of stablecoins in daily financial services [1] - The bank is also testing the issuance of stablecoins through Solana and evaluating the support capabilities of Web3 wallets for user-friendly financial experiences [2] - Fireblocks' Chief Strategy Officer highlighted that Japan's banking sector is increasingly focusing on corporate financing and international trade, viewing stablecoins as a potential means to simplify traditional banking payment processes [2] Group 2 - The popularity of stablecoins is rising globally as governments and financial institutions explore their applications in payments, settlements, and trade [2] - In Europe, over 75% of crypto transactions on the Oobit platform involve stablecoins, with retail and travel spending leading in countries like Poland, Lithuania, and Germany [2] - South Korean banks are launching stablecoin projects through compliant channels, while U.S. lawmakers are working on a federal regulatory framework for dollar-backed stablecoins [2] Group 3 - Sumitomo Mitsui Financial Group (SMFG) is partnering with Avalanche developer Ava Labs, Fireblocks, and TIS to prepare for a stablecoin pilot project [3] - The pilot is expected to launch by the end of 2025 or early 2026, with plans for a full rollout later that year [3]

Core Viewpoint - Tianyang Technology currently has no business cooperation with Guotai Junan International, but is exploring stablecoin applications in cross-border payments and virtual credit cards with multiple licensed financial institutions [1] Group 1 - Tianyang Technology confirmed on July 3 that there is no ongoing business collaboration with Guotai Junan International [1] - The company is actively working with several licensed foreign financial institutions to explore stablecoin applications [1] - The focus areas include practical scenarios for stablecoins in cross-border payments and virtual credit cards [1]

股价大涨原因 稳定币并非一种全新的金融工具，Circle也不是市场的领导者。Circle去年利润仅为其竞争对手Tether的 1%（Circle利润为1.56亿美元，Tether的利润为131亿美元）。 Circle商业模式是有盈利潜力的，且稳定币在日常金融活动中的作用也是不可或缺的。 稳定币第一股Circle 6月5日在纳斯达克上市，发行价为31美元，不到一个月其股票交易价格已涨至180 美元（最高达到290美元），市盈率高达260倍。就在上市五周前，Ripple曾提出以50亿美元的价格收购 Circle，而如今Circle市值已接近Ripple当时估值的8倍。 Circle股价疯狂上涨，有两个原因： 第一，立法者与市场之间已形成广泛共识，即稳定币未来将实现广泛的应用和普及。美国参议院通过的 《GENIUS法案》明确了这一共识，消除了市场对稳定币的疑虑。该法案获得了两党一致支持，表明其 政策可能超越特朗普总统的任期。只有美国参议员沃伦这样的强硬派人士，仍认为稳定币可能被用于洗 钱等非法活动，这种观点可能反映了她在政治利益上的考量，或是她对区块链技术理解的局限性。 第二，Circle过往已经展现出较强的盈利能 ...

跨境支付行业现状及稳定币的应用探讨 20250616 摘要 跨境支付试点项目满足了中小商家的需求，为他们提供了合规的资金收 付渠道，解决了传统银行外汇结售汇业务难以覆盖的问题。该项目由银 行和外管局启动，首批试点牌照授予快钱、连连、支付宝和通联等机构。 跨境支付行业经历了从 B2C 到 B2B 的演变，早期通过申请牌照开展 B2C 业务，后拓展至 B2B 业务，如义乌小商品市场和阿里巴巴国际站 通过蚂蚁国际申请牌照提供海外账户服务。万里汇、云汇、连连等机构 也开始拓展 B2B 业务。 当前跨境支付行业头部机构包括 PingPong、连连、Worldpay 等，市 场占有率分散，各具特色和优势。PingPong 较早获得国内支付业务许 可证，连连在海外持有大量牌照，蚂蚁国际凭借庞大交易体量稳居前三， XTransfer 专注于 B2B 业务。 蚂蚁国际通过收购 WorldFirst 迅速获得品牌效应和市场认可， WorldFirst 在 2018 年时在中国地区拥有较高市场占有率，并在多个海 外国家和地区有业务分布。连连支付更专注于国内市场，并逐步向欧洲、 澳大利亚、新加坡和日本等地扩展。 Q&A 跨境支付行业 ...