点击上图 ▲立即加入 5月财新制造业PMI降至48.3 6月3日，标普全球公布的数据显示，中国5月财新制造业PMI为48.3，较4月前值50.4下降2.1%，为2024年10月来首次跌至临界点以下。标普全 球指出，当月制造业景气放缓，主要是新订单减少。新接业务量录得逾两年半以来最显著收缩，受访企业反映需求环境恶化，同时一定程度上也 是出口订单连续两月下滑所致。随着新业务量减少，制造业产出在19个月来首度录得下降。 此前，国家统计局公布的5月制造业PMI回升至49.5，比上月上升0.5%，制造业景气水平改善，非制造业延续扩张。大型制造业企业PMI升至临 界点以上，高技术制造业延续扩张，连续4个月保持在扩张区间；进出口指数均有回升。（华尔街见闻） ｜点评｜ 5月财新PMI和官方PMI一降一升，主要还是因为来自出口端的扰动。财新PMI的统计样本更侧重于东南沿海的中小型出口企业，而官 方PMI则更为全面，大型企业数量更多。5月中美贸易关系略有缓和，部分陷入停滞的美国出口订单重新恢复。贸易商们的信心略有修复，却仍 在担心后续两国贸易关系大概率还会有很多反复，出口新订单指数保持低位运行。 国内需求缓慢修复，主要集中在有" ...

Group 1: New Energy Vehicles - The Ministry of Industry and Information Technology, National Development and Reform Commission, and Ministry of Commerce are organizing the 2025 New Energy Vehicle promotion activities in underdeveloped county-level cities to enhance market potential [1] Group 2: IPO and Fundraising - Circle Internet Group has increased its IPO scale to $880 million, planning to issue 32 million shares at a price range of $27 to $28 per share, which is a 47% increase from previous expectations [2] Group 3: Robotics and AI - Beijing Humanoid Robot Innovation Center has increased its registered capital from 350 million RMB to 460 million RMB, marking a 31% increase, focusing on industrial robot manufacturing and intelligent robot development [3] Group 4: Quantum Computing - The "Benyuan Wukong" quantum computer has completed over 500,000 quantum computing tasks for users in 143 countries since its launch, with a global access volume exceeding 29 million [4] Group 5: Marine Economy - Guangdong Province is promoting the development of new marine equipment such as deep-sea submersibles and underwater robots, aiming to integrate technologies like IoT and AI into the marine sector [5] Group 6: Fund Sales - The first batch of floating fee funds has achieved cumulative sales of 2.6 billion RMB within five days, with significant contributions from various banks [6] Group 7: Machine Vision Market - The Chinese machine vision market is projected to exceed 21 billion RMB in 2025, with a year-on-year growth rate of over 14%, despite a slight decline in 2024 [7] Group 8: Energy Sector Reforms - The National Energy Administration is optimizing qualification management to support new business models in the electricity sector, including exemptions for distributed solar and wind power [8] Group 9: Rural Housing Renovation - Zhejiang Province has expanded the subsidy scope for rural housing renovations to include gates and protective railings, aiming to accelerate rural housing improvement [9] Group 10: Green Electricity Promotion - The National Development and Reform Commission and National Energy Administration are encouraging the use of green electricity among key energy-consuming units and improving electric vehicle charging infrastructure [10]

据币界网最新数据显示，在美国政府查获和存储的加密货币资产中，比特币（BTC）占据了压倒性优势 ——高达97%的份额，价值接近204亿美元，而以太坊和稳定币仅占剩余3%。这一数据揭示了特朗普政 府3月宣布的国家加密货币储备战略的实际执行情况，与总统最初提及包含XRP、Solana和Cardano等代 币的表态形成鲜明对比。 图片来源:币界网 特朗普政府最初在3月2日的声明中提及将XRP、Solana和Cardano纳入战略储备，引发这些代币价格飙 升。然而XBIT去中心化交易所平台分析师表示，这些代币并未出现在主要储备中。根据《华盛顿邮 报》报道，美国查获的加密货币资产总额约209亿美元，其中比特币占据绝对主导地位，仅有少量以太 坊、Tether（USDT）、Chainlink（LINK）等其他主流币种。 "这种差异反映了美国政府储备资产的本质——主要来源于民事或刑事诉讼中没收的加密货币。"XBIT 去中心化交易平台策略官指出，由于这些资产多与非法活动相关，其构成更多取决于执法结果而非战略 规划。比特币因其市场主导地位和"数字黄金"属性自然成为储备主体，而其他代币则因流通性和市场需 求差异而占比甚微。 图片来源 ...

据了解，Circle的业务模式是通过发行与美元1：1锚定的稳定币USDC，向币圈人士提供一种价值稳 定、方便转化为其他加密货币或购买商品的代币。根据CoinMarketCap的数据，USDC目前是全球第二 大稳定币，总市值超过600亿美元。行业领跑者是泰达公司的USDT，目前市值接近1440亿美元。 稳定币，从本质上来说，是一种通过与法定货币（如美元、人民币）、商品或其他资产建立锚定关系， 从而维持自身币值相对稳定的加密货币。它的诞生是为了解决比特币等虚拟货币价格大幅波动的问题。 过去，虚拟货币市场的高波动性让许多投资者望而却步，也限制了其在日常交易中的应用。而稳定币的 出现就解决了这些问题，它既具备加密货币的便捷性和去中心化特点，又有相对稳定的价值，被视 作"传统金融和加密生态之间的桥梁"。 而Circle这类平台的收入来源，就是持有储备金的理财收入。目前公司将大部分储备金放在货币市场基 金中，得益于美联储维持的高利率，近两年收入颇丰。招股书显示，Circle去年储备金理财收入达到 16.6亿美元，较前一年的14亿美元有所提升。然而，由于运营费用增加，以及向Coinbase等交易所支付 激励费用，去年的净利 ...

智通财经6月3日电，稳定币发行人Circle美股IPO获得超过20倍超额认购。 ...

Group 1: Market Overview - US stock indices opened mixed on June 3, with the Dow Jones down 0.05%, S&P 500 up 0.03%, and Nasdaq up 0.24% [1] Group 2: Company News - Circle Internet Group has raised its IPO size to $880 million, planning to issue 32 million shares at a price of $27 to $28 each, up from a previous plan of 24 million shares at $24 to $26 [2] - Tesla registered 2,600 new cars in Norway in May, marking a 213% year-over-year increase [3] - Spotify was fined 58 million Swedish Krona for data protection violations as ruled by the Stockholm Court of Appeal [4] - NIO reported Q1 2025 revenue exceeding 12 billion Yuan, a year-over-year increase of over 21%, with R&D expenses of 3.18 billion Yuan and vehicle deliveries of 42,094 units, up over 40% year-over-year [5]

(图片由豆包AI生成 提示词风口和危机） 本周四，加密货币市场迎来年度最重要的IPO事件。 此次IPO受到华尔街热捧。Circle目标估值已从之前的56.5亿美元上调至72亿美元。贝莱德领投10%股份，Ark Investment也表达了高达1.5亿美元的投资兴 趣。 但在华尔街巨头争相入场的光鲜表象下，Circle也面临结构性的挑战。 看似"完美"的印钞机模式 稳定币已悄然成为加密货币市场的支柱，并且与传统金融的关系日益密切。2024年，稳定币交易额达到27.6万亿美元，比Visa和万事达卡的交易额总和高出近 8%。 目前稳定币总市值已达2480亿美元， Circle的USDC占据25%的市场份额，仅次于Tether的USDT的61%，总市值达600亿美元。 Circle的EURC在欧元支持的 稳定币中位居榜首，市值为2.24亿美元。 | | # | Name | | Price | 1h % | 24h % | 7d% | Market Cap @ | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 4 | 3 | Tether USDT ...

Market Overview - US stock index futures showed slight declines before the market opened, with Dow Jones futures down 0.19%, S&P 500 futures down 0.15%, and Nasdaq 100 futures down 0.08% [1] - The OECD reported a downward revision of the US economic growth forecast for this year to 1.6%, a decrease of 0.6 percentage points from the March estimate, indicating a significant slowdown among major economies [2] - The OECD also raised its inflation forecast for the US by 0.4 percentage points to 3.2% [2] Trade and Tariff Developments - The current tariff levels in the US are at their highest since World War II, despite some tariffs being paused [3] - Former President Trump announced plans to increase tariffs on steel and aluminum imports from 25% to 50% [3] - The EU expressed strong regret over the tariff increase and is prepared to implement countermeasures if a mutually acceptable solution is not reached by July 14 [3] Corporate News - Circle Internet Group plans to raise $880 million in its upcoming IPO by issuing 32 million shares at a price range of $27 to $28 per share, an increase from the previous plan of $24 to $26 per share for 24 million shares [4] - Stellantis Group appointed Sébastien Jacquet as the new Chief Quality Officer, effective immediately [5] - Tesla registered 2,600 new cars in Norway in May, marking a 213% year-over-year increase [6] - Spotify was fined 58 million Swedish Krona for data protection violations under the EU's General Data Protection Regulation [7] - NIO reported Q1 2025 revenue exceeding 12 billion Yuan, a year-over-year increase of over 21%, with a gross margin of 10% [8]

Core Insights - The article emphasizes the need to clarify misconceptions about stablecoins and to recognize their functional attributes and strategic value, particularly in the context of developing offshore and onshore RMB stablecoins [1][2]. Group 1: Market Growth and Regulatory Landscape - Since the second half of 2023, the stablecoin market has entered a rapid growth phase, with a current market size exceeding $230 billion and over 250 million active accounts [1]. - Various countries, including the EU, Japan, Singapore, the UAE, and Hong Kong, have introduced regulations to support stablecoin innovation, with more than ten major countries planning related legislative initiatives by 2025 [1]. - The recent passage of the "GENIUS Act" in the U.S. Senate significantly increases the likelihood of further development in the stablecoin market [1]. Group 2: Misconceptions about Stablecoins - Misconception 1: Stablecoins are equated with general cryptocurrencies, overlooking their unique characteristics and governance mechanisms [3][4]. - Misconception 2: The belief that stablecoins lack stability is challenged by the fact that most stablecoins are backed by fiat currencies or assets, with the highest stability observed in fiat-backed stablecoins [5][6]. - Misconception 3: The notion that stablecoins conflict with central bank digital currencies (CBDCs) is addressed by highlighting their complementary roles in different transaction scenarios [9][10]. Group 3: Regulatory Developments and Transparency - Regulatory frameworks for stablecoin issuers are being established globally, focusing on aspects such as licensing, operational management, and reserve asset investment [8]. - Major stablecoin issuers are improving transparency and compliance, with USDC being a notable example of regular independent audits and reserve disclosures [7][8]. - The "GENIUS Act" in the U.S. sets specific capital, liquidity, and risk management requirements for stablecoin issuers, enhancing the stability of the market [8]. Group 4: Impact on Monetary Sovereignty and Internationalization - Concerns about stablecoins undermining domestic monetary sovereignty can be mitigated through regulatory measures that restrict their domestic use and manage reserve assets [13][14]. - The development of RMB stablecoins is positioned as a new engine for promoting the internationalization of the RMB, complementing existing cross-border payment systems [15][16]. - The potential of stablecoins to enhance the efficiency of cross-border payments is highlighted, with significant advantages over traditional banking systems [10][16]. Group 5: Addressing Illegal Financial Activities - The perception that stablecoins exacerbate illegal financial activities is countered by advancements in anti-money laundering (AML) technologies and regulatory frameworks [19][20]. - Blockchain technology can be utilized for monitoring stablecoin transactions, enabling regulatory bodies to track the flow of funds effectively [20][21]. - Global AML regulations are evolving to include stablecoins and cryptocurrencies, with specific compliance requirements being established in various jurisdictions [21].

发行USDC稳定币的加密货币公司Circle Internet Group周一提高了即将进行的IPO的拟议交易规模。该公 司目前计划以每股27至28美元的价格发行3200万股(60%为二次发行)，筹集8.8亿美元。 截至2025年3月31日，通过合作伙伴及支持并接入Circle稳定币网络的更广泛生态系统，该公司触达全球 超过6亿用户。 此前，该公司曾申请以每股24至26美元的价格发行2400万股(60%为二次发行)。一位新投资者已表示有 意认购价值1.5亿美元的股票(占交易规模的17%)。按照修订后的价格区间中值计算，Circle Internet Group的募资额将比此前预期高出47%。 Circle Internet Group成立于2013年，截至2025年3月31日的12个月内实现营收19亿美元。该公司计划在 纽约证券交易所上市，股票代码为CRCL。摩根大通、花旗集团、高盛、巴克莱、德意志银行和法国兴 业银行担任此次发行的联席账簿管理人。预计仍将于2025年6月2日当周完成定价。 Circle表示，其运营着全球规模最大、使用最广泛的稳定币网络之一。该公司以美元计价支付稳定币 USDC为核心，其一系列 ...