Company expands digital asset strategy beyond Bitcoin, including Dogecoin (DOGE), Litecoin (LITE), Solana (SOL), Ripple (XRP), Ether (ETH), USD Coin (USDC) LOS ANGELES, July 9, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), an emerging leader in crypto asset strategies and a social media branding and programmatic marketing solutions, today announced that its Board of Directors has authorized management to begin to accumulate additional cryptocurrencies, specific ...

近期加密货币市场正经历剧烈波动、地缘政治紧张持续发酵、全球货币体系面临重塑的背景下,一场静 悄悄却深刻的金融资产结构变革正在展开,黄金,这一历经千年考验的价值储存工具,正与加密世界 的"锚"稳定币发生意想不到的联动,而这一趋势,或许将重塑数字资产的储备格局,乃至整个全球金融生 态。 稳定币:为加密世界注入"锚定信任" 稳定币(Stablecoin)是一类加密货币,其核心价值在于价格锚定机制,不同于比特币、以太坊等价格剧烈波 动的加密资产,稳定币通常与法币(如美元、欧元)1:1挂钩,具有价格稳定性,它们被广泛应用于加密交易 所、去中心化金融(DeFi)协议以及跨境支付等场景,是加密金融体系的"流通血液",目前市场上最主流的 稳定币包括Tether(USDT)、Circle的USD Coin(USDC)以及Binance USD(BUSD)等,其中,Tether以超过1120 亿美元的市值,长期稳居稳定币之首;稳定币的信用支撑来源于底层储备资产,传统上以现金、国债等法币 资产为主。然而,近年来,某些稳定币发行机构开始悄然引入黄金等实物资产,试图在加密市场构建更加多 元、抗风险的价值锚定机制。 黄金摆脱了传统金融的 ...

Ark Invest sold shares of the hot IPO three times last week.Widely followed growth investor Cathie Wood added to several of her existing positions on Friday. Countering those purchases, the founder, CEO, and chief investment officer at Ark Invest only lightened one of her stakes across three of her most popular exchange-traded funds (ETFs): She sold a chunk of her shares in Circle Internet Group (CRCL 17.15%).It was the lone sell for Ark Innovation ETF (ARKK 1.70%), Wood's largest aggressive growth fund wit ...

CHINA - 2025/06/15: In this photo illustration, the logo of Coinbase is seen displayed on the screen ... More of a smartphone. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Coinbase Global (NASDAQ:COIN) experienced a surge of 16% during Wednesday's trading and has risen nearly 20% over the course of the past week. This increase follows the approval of the highly awaited stablecoin regulation bill by the Senate. Stablecoins are a type ...

Core Insights - The development of stablecoins is reshaping traditional payment systems and enhancing financial service accessibility, as highlighted by the People's Bank of China's governor [1][5] - HashKey Group is actively involved in the stablecoin ecosystem, partnering with JD.com to promote stablecoin applications in cross-border payments and real-world assets [1][5] Group 1: Importance of Stablecoins - Stablecoins address the "last mile" issue in inclusive finance, broadening its accessibility [5] - The emergence of stablecoins like USDC and USDT has expanded the boundaries of inclusive finance, with major global financial centers pushing for stablecoin development [5] - The global circulation of stablecoins was under $200 billion in 2022, supporting approximately $20 trillion in payments, indicating a leverage effect of 100 times [5] Group 2: Regulatory Framework and Development - The establishment of a legal and regulatory framework is crucial for the advancement of stablecoins, with Hong Kong leading the way by introducing the Stablecoin Regulation ahead of the U.S. [7] - Hong Kong is positioned as a testing ground for China's stablecoin initiatives, which could facilitate the internationalization of the Renminbi [7] Group 3: Cross-Border Trade and Compliance - Cross-border e-commerce is expected to be a significant beneficiary of stablecoins, as they can streamline the conversion of stablecoins to local currencies for merchants [9] - Licensed exchanges in Hong Kong play a vital role in facilitating the exchange of stablecoins into fiat currency, ensuring compliance with regional regulations [10] Group 4: Bridging Traditional Finance and Web3 - HashKey Exchange aims to connect traditional finance with Web3, with its self-developed HashKey Chain facilitating the tokenization of financial assets [10] - Stablecoins are not only payment tools but also have investment potential, allowing users to purchase tokenized money market funds or obtain loans through stablecoin staking [10]

Circle Internet Group (NASDAQ: CRCL) is up 8.51%, trading at $216.59 on Friday at the time of publication as momentum builds around the GENIUS Act passed on Tuesday.The act establishes the first comprehensive federal framework for stablecoins, and its passing opens the door for the regulated use of cryptocurrencies like Bitcoin (BTC) among banks and retailers.For Circle, the largest stablecoin issuer in the country and creator of USD Coin (USDC), the token backed by the U.S. dollar, the Senate’s decision ha ...

在个股方面，Circle 成为当日市场焦点，股价大涨近 34%，创 6 月 5 日在纽交所挂牌上市以来最大单日涨幅。Circle 是一家专注于法定货币转 账服务的公司，也是美元稳定币 USD Coin（USDC）的发行方。此次股价飙升，主要得益于市场对稳定币前景的看好以及行业利好消息的刺 激。近日，美国参议院通过了一项稳定币法案，这一法案若能在众议院顺利通过并最终落地实施，将为稳定币行业提供更明确的监管框架，减 少政策不确定性风险。Circle 作为稳定币领域的头部企业，有望在合规运营的基础上，进一步拓展业务版图，提升市场份额，因而受到投资者 的热烈追捧。 当日，美联储结束了为期两天的货币政策会议，宣布将联邦基金利率目标区间维持在 4.25% 至 4.50% 之间不变，这是美联储连续第四次维持 利率不变。美联储主席鲍威尔在会后新闻发布会上表示，关税驱动型通胀将更加明显，降息需要更多经济数据支持，当前经济前景的不确定性 虽有所降低，但仍处高位。这一表态使得市场对未来货币政策走向的预期更为谨慎。 从板块表现来看，标普 500 指数的十一大板块呈现七跌四涨的格局。能源板块和通信服务板块分别以 0.68% 和 0.6 ...

Core Viewpoint - Stablecoins are evolving into a new financial infrastructure, playing a crucial role in payments, cross-border settlements, digital asset trading, and decentralized finance (DeFi), thereby reshaping the international financial system [1][2][24] Summary by Sections Overview of Stablecoins - Definition: Stablecoins are a special type of cryptocurrency whose value is pegged to specific assets, typically fiat currencies like the US dollar, aimed at overcoming the volatility of traditional cryptocurrencies. The total market size of stablecoins has surpassed $250 billion, with most pegged to the US dollar at a 1:1 exchange rate [3][4] - Classification: Stablecoins can be categorized into three main types: fiat-collateralized stablecoins (e.g., Tether (USDT), USD Coin (USDC)), crypto-collateralized stablecoins (e.g., MakerDAO's DAI), and algorithmic stablecoins (e.g., TerraUSD (UST)) [4][5] Characteristics and Features - Pegging Mechanism: Stablecoins maintain their value by being pegged to fiat or other assets, with fiat-collateralized stablecoins requiring a 1:1 reserve and regular audits [6] - Price Stability: By anchoring to fiat currencies or stable assets, stablecoins provide a relatively stable value, offering low volatility for digital payments and value storage [6] - Liquidity and Convertibility: Stablecoins serve as a major trading medium in the cryptocurrency market, with high liquidity allowing for easy conversion to fiat or other cryptocurrencies [6] - Openness and Cross-Border Attributes: Utilizing blockchain technology, stablecoins enable global circulation without traditional intermediaries, significantly reducing cross-border payment costs and enhancing transaction efficiency [6] Market Development - Global Market Size: The global stablecoin market has seen explosive growth, reaching approximately $245 billion by May 2025, up from about $5 billion in 2019, with a compound annual growth rate (CAGR) of nearly 2000% from 2020 to 2025 [8][9] - Market Share: As of May 2025, USDT and USDC dominate the market, accounting for approximately 85% of the total stablecoin market share [9][10] - Trends and Evolution: The demand for decentralized and synthetic stablecoins is rising, with stablecoins becoming integral to the DeFi ecosystem, representing over two-thirds of on-chain trading volume [11] Recent Regulatory Developments - US Regulatory Movements: The US Senate passed the GENIUS Act, which aims to establish a federal regulatory framework for stablecoins, ensuring that USD-pegged stablecoins become a global standard [14][15] - Hong Kong's Regulatory Framework: Hong Kong's Legislative Council passed the Stablecoin Ordinance, set to take effect on August 1, 2025, establishing a licensing regime for stablecoin issuers [17][18] Future Outlook - Institutional Adoption: Traditional financial institutions are increasingly incorporating stablecoins into their services, indicating a growing interest in stablecoin settlements and asset tokenization [12] - Central Bank Digital Currencies (CBDCs): Stablecoins are seen as complementary to CBDCs, enhancing cross-border payment efficiency and reducing reliance on traditional intermediaries [13] - Emerging Stablecoins: New stablecoins are emerging, supported by institutional backing and DeFi incentives, expanding their market share and usage across various blockchain ecosystems [14]

证券研究报告|行业研究周报 [Table_Date] 2025 年 06 月 15 日 ► 一、中美稳定币监管政策相继推进 中国香港《稳定币条例》以 "100% 储备、持牌发 行" 为核心，目标通过沙盒机制引导蚂蚁数科等企 业合规布局，构建离岸人民币稳定币枢纽；美国 《Genius 法案》以 1:1 美元储备和持牌要求为准 则，旨在强化消费者保护与金融稳定，为全球稳定币 监管提供示范。 二者并行推动了稳定币行业从技术试验迈向合规化发 展新阶段，标志着数字金融正加速融入全球传统金融 监管体系，重塑跨境支付与资产数字化的国际格局。 [Table_Title] 稳定币，蚂蚁强势入局 [Table_Title2] 计算机行业周报 [Table_Summary] 本周观点: ► 二、蚂蚁数科入局稳定币，Circle 上市引领海外 探索 【全球市场主体协同驱动稳定币生态进阶】Circle 上市确立资本运作范式，跨国巨头与中企布局多元应 用场景，传统金融机构与主权国家加速入局，共同推 动稳定币从技术试验迈向全球化合规金融基础设施新 阶段。 （一）Circle 上市，沃尔玛及亚马逊拟发行稳定 币。 （二）蚂蚁进军国内稳定币， ...

近日，两起人事变动和一则公告将沉寂了许久的华兴资本，重新拉回市场关注的视野。 德意志银行任命Andrew Maynard为亚太区股票执行主管，他此前是华兴资本全球股票业务主管；还有华兴资 本旗下华兴证券原董秘、首席风险官叶生明拟加盟甬兴证券。这是自创始人包凡失踪之后，华兴资本及子公司 发生的又两起人事变动。 华兴资本是否已摆脱创始人包凡失踪的负面影响？据了解，去年10月包凡妻子许彦清出任华兴资本董事会主 席，她宣称华兴进入"2.0时代"，此后王力行出任华兴资本CEO，华兴证券管理层也进行了调整，但同时华兴 资本仍受益于过去投资新经济的成果，包括近期纽交所上市的稳定币首个IPO项目Circle Internet Group。 两起人事变动 日前，德意志银行任命Andrew Maynard为亚太区股票执行主管，值此股票资本市场发展势头强劲的情况下， 强化亚太区股票资本市场领域的服务能力，他将与亚太区股票资本市场联席主管Melody Ngan和Nora Yeung共 同协作。 据德银透露，Andrew拥有30年全球股票领域资深经验以及在亚太区的深厚客户关系。在加入德意志银行之 前，他担任华兴资本全球股票业务主管，全 ...