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 ...

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 ...

| Circle Internet Gro ... | | | CRCL | (2025-06-06 01:40:04) | 交易而种:美元 ( | +加自选 | | 毛球指数 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 今开:66.750 | 最高价:103.750 | 成交里:2681万 | | 外盘:1539万 | | | 92.520 t | | | 昨收:31.000 | 最低价:66.600 | 成交额:23.36亿 | | 内盘:1142万 | | | 61.520 198.45% | | | 总股本:2.173亿 | 振幅:119.84% | 换手率:12.33% | | 每股收益TIM: 0. 791 | | | | | | 总市值: 201. 1亿 | 市净率NRQ:10.66 | 市盈率TTM: 117.03 | | 每股净资产:8.675 | | | F10档案: | 核心必读 | 公司概况 | . 财务分析 | 股本股东 分红派息 | . 主营构成 高管研究 | | 资产负债表 | 综合损益表 | ...

很大程度上，稳定币的"锚"并不在链上，而是依赖"链"下真 实世界的金融秩序、法治结构与货币政策。稳定币之"稳"，可 能终归要接受现实世界的压力测试。只有当资本市场给出"价 格"、监管体系制定"规则"、用户持续给予"信任"时，稳定币 的"稳"才有可能真正落地。 作者：欧阳晓红 封图：图虫创意 一场关于"稳定币"的链上竞赛，正在全球金融系统的缝隙中悄然加速。 2025年6月，一个新的标志性事件出现了。Circle Internet Group（下称"Circle"），于北京时间 2025年6月5日晚间在纽交所挂牌上市，成为"全球稳定币第一股"。Wind数据显示，截至首日收 盘，Circle报于每股83.23美元，较发行价上涨168.48%，总市值184亿美元。 成立于2013年的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）发行方。 所谓稳定币（Stable coin）是以区块链技术为基础、价值锚定特定资产或算法的加密数字货币；其 中，算法型稳定币因系统性风险已被多国禁止。2024年，稳定币的总交易额高达27.6万亿美元， 首次超越Visa和万事达卡的年度交易总额（ ...

稳定币第一个IPO来了。数字货币巨头Circle预计于6月5日在美国纽约证券交易所（NYSE）上市，这将 是稳定币领域的首个IPO。 据证券时报报道，Circle成立于2013年，作为一家专注于法定货币转账服务的公司。Circle凭借其创新的 产品Circle Pay，在支付领域迅速崭露头角，并被誉为"美国支付宝"。 Circle 另外一个身份是美元稳定币USD Coin （USDC）的发行人。据了解，USDC 是全球市值第二大稳 定币，该稳定币与美元资产一对一挂钩，包括美元现金和短期国债，流通量约为600亿美元，约占稳定 币总市值的26%。 从财务数据来看，Circle近年来表现出了强劲的增长势头。招股书显示，Circle在2022年、2023年和2024 年的营收分别为7.72亿美元、14.5亿美元和16.76亿美元，呈现出逐年攀升的趋势。但公司净利润则有所 波动，2024年1.56亿美元的净利润，相比2023年2.68亿美元下滑明显。尽管在运营利润和净利润方面有 所波动，但整体而言，Circle的盈利能力仍然保持在较高水平。 但据智通财经最新报道，该公司目前计划以每股27至28美元的价格发行3200万股 ...

Core Viewpoint - Circle is set to become the first stablecoin company to go public with an IPO on June 5 at the New York Stock Exchange, marking a significant milestone in the stablecoin sector [1] Company Overview - Circle, founded in 2013, focuses on fiat currency transfer services and is known for its product Circle Pay, often referred to as "the American Alipay" [2] - Circle is the issuer of USD Coin (USDC), the second-largest stablecoin globally, with a market cap of approximately $60 billion, accounting for about 26% of the total stablecoin market [2] Financial Performance - Circle's revenue has shown strong growth, with projected revenues of $772 million in 2022, $1.45 billion in 2023, and $1.676 billion in 2024, indicating a year-on-year increase [2] - The company's net profit is expected to fluctuate, with a projected net profit of $156 million in 2024, down from $268 million in 2023, although overall profitability remains high [2] IPO Details - Circle plans to issue 24 million shares in its IPO, consisting of 9.6 million new shares and 14.4 million shares from existing shareholders, with an expected fundraising of $624 million at a price range of $24 to $26 per share [3] - If the underwriters exercise their option to purchase additional shares, the total funds raised could reach up to $718 million [3] - The stock will be traded under the ticker symbol "CRCL" [3] Market Position - If successful, Circle's IPO could help it close the gap with Tether, the largest stablecoin issuer, which has a circulation of over $143.7 billion, representing 61.9% of the stablecoin market [4] - Tether's total reserve assets amount to $125.47 billion, primarily in cash and equivalents, with significant holdings in U.S. Treasury securities [4] Regulatory Environment - Stablecoins are gaining regulatory attention, with the U.S. Senate passing the "GENIUS Act" aimed at establishing a framework for stablecoin innovation, and Hong Kong's "Stablecoin Regulation" expected to take effect in 2025 [6] - These regulations reflect a global consensus among major financial centers to transition from unregulated growth to compliance governance, addressing risks while competing for future financial influence [6]