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Yangsirisme
IP属地:江西
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Yangsirisme
Yangsirisme
·
08-30
$NVDA 20250829 177.5 PUT$
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Yangsirisme
Yangsirisme
·
08-29
牛逼,自主可控接棒寒王涨起来
阿里巴巴绩后强势拉升,集团CEO称AI投入已开始显现成果
阿里云收入同比增长26%。
阿里巴巴绩后强势拉升,集团CEO称AI投入已开始显现成果
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Yangsirisme
Yangsirisme
·
08-01
为啥这个货比uvix(两倍做多波动率)长得还多?
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Yangsirisme
Yangsirisme
·
07-18
$京东(JD)$
牛逼,设定一个止损刚被打掉就拉起来,怀疑人生了都[流泪]
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Yangsirisme
Yangsirisme
·
07-02
代币化美股交易啥意思
Robinhood再创历史新高,在欧洲推出区块链版美股交易服务
提供代币化美股交易。
Robinhood再创历史新高,在欧洲推出区块链版美股交易服务
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Yangsirisme
Yangsirisme
·
07-02
这篇文章不错,转发给大家看看
【一起发财】港股打新吃肉实录:虎友最高单票赚7万港币!
@发發虎:
今年以来,港股打新行情明显回暖,不少虎友靠打新轻松吃肉,短短几天就能实现数千到数万港元的盈利。消费、家政护理、黄金珠宝等板块轮番走强,打新机会层出不穷。今天就来盘点几位虎友的真实晒单,看看他们是如何抓住这波行情的!先上图恭喜虎友打新大赚! @释迦牟尼 打中新股圣贝拉,单票盈利高达 70300 港元 @企鹅在五指山大野 打中新股圣贝拉,单票盈利 6001 港元 @韭菜大师 打中新股IFBH,单票盈利 18967 港元 @小贝导演 打中新股IFBH,单票盈利 10451 港元 @奕源之乐 打中新股周六福,单票收益率高达 103% @老虎风语 打中新股周六福,单票收益率也达到 95%欢迎以上虎友添加虎妞微信(微信:itiger2014),聊聊你的打新策略,获得老虎专访,还有机会赢取限量周边礼物!这些新股为什么这么香? $圣贝拉(02508)$ 则是中国最大的产后护理及修复集团,被称作“全球家庭品质护理第一股”。凭借旗下圣贝拉、艾屿、小贝拉三大品牌,覆盖了超高端、高端及轻奢不同消费群体,客
【一起发财】港股打新吃肉实录:虎友最高单票赚7万港币!
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Yangsirisme
Yangsirisme
·
06-30
$周六福(06168)$
谁能告诉我为啥好几只港股(古茗,周六福)新股开盘不涨,上市几天又每天20%?这是不打新炒新了?
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Yangsirisme
Yangsirisme
·
06-24
可是他差点飚到80的四倍
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Yangsirisme
Yangsirisme
·
06-21
为啥不是一步到位,就是找接盘侠,最少下跌30%一旦回调
上市10天6倍后,还有分析师继续看涨Circle?
IPO上市10天累计涨超675%,Seaport分析师仍首次给予Circle买入评级,认为随着监管环境改善和加密货币接受度提升,稳定币市场将迎来爆发式增长。Circle作为"顶级加密颠覆者",有望实现年化25%-30%的收入增长,不过商业模式面临利率风险挑战。
上市10天6倍后,还有分析师继续看涨Circle?
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Yangsirisme
Yangsirisme
·
06-18
股票为何反而跌成这样
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tg-height=\"240\"/></p><p>阿里巴巴在电话会中称,淘宝闪购月活用户达到3亿,较4月增长200%,未来三年闪购和即时零售有望带来1万亿元新成交。</p><p>另外有消息称,阿里巴巴开发了一款新的AI芯片,以填补英伟达在中国市场的空白。知情人士称,这款新芯片目前正在测试中,旨在服务于更广泛的人工智能推理任务,而且与英伟达兼容。新的芯片不再由台积电代工,转为由国内一家企业代工。</p></body></html>","source":"highlight_zhitongcaijin","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>阿里巴巴绩后强势拉升,集团CEO称AI投入已开始显现成果</title>\n<style 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href=\"https://www.zhitongcaijing.com/content/detail/1339076.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ca2161e8ddb469de4171b1fb09459c6b","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.zhitongcaijing.com/content/detail/1339076.html","is_english":false,"share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","article_id":"1181447426","content_text":"周五,阿里巴巴绩后表现强势,截至发稿大涨超10%。消息面上,该公司Q2财季营收同比增长2%低于预估,净利润大幅增长76%至424亿元,主要得益于股权投资的公允价值变动收益。2025年上半年即时零售业务收入同比增长12%。阿里云收入同比增长26%,AI相关产品收入连续八个季度实现三位数同比增长。资本支出从去年同期的约119亿元猛增至本季度的约387亿元。在今晚电话会上,阿里巴巴集团CEO吴泳铭表示,阿里巴巴拥有全球第四、亚洲第一的云,也拥有从AI算力、AI云平台、AI模型、开源生态到AI应用的全栈技术能力。本季度,阿里在AI+云的Capex投资达386亿元。过去四个季度,已经在AI基础设施以及AI产品研发上累计投入超过1000亿元,阿里对AI的投入已开始显现成果,无论是阿里云在客户的AI需求下恢复高速增长,还是广泛的to C和to 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23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周三,Robinhood盘中涨近9%,股价突破100美元再创历史新高,年内大涨超160%。Robinhood周一宣布在欧洲推出区块链版美股交易服务,向全球30个国家共15万名客户提供代币化美股交易。</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44c225c5d2f1b475e6837d703cd655a1\" tg-width=\"560\" 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<a href=\"https://laohu8.com/U/4134799046836020\">@释迦牟尼</a> 打中新股圣贝拉,单票盈利高达 70300 港元 <a href=\"https://laohu8.com/U/4211069958292362\">@企鹅在五指山大野</a> 打中新股圣贝拉,单票盈利 6001 港元 <a href=\"https://laohu8.com/U/4136116034049952\">@韭菜大师</a> 打中新股IFBH,单票盈利 18967 港元 <a href=\"https://laohu8.com/U/3505175992816849\">@小贝导演</a> 打中新股IFBH,单票盈利 10451 港元 <a href=\"https://laohu8.com/U/4163824998746522\">@奕源之乐</a> 打中新股周六福,单票收益率高达 103% <a href=\"https://laohu8.com/U/4202308156282022\">@老虎风语</a> 打中新股周六福,单票收益率也达到 95%欢迎以上虎友添加虎妞微信(微信:itiger2014),聊聊你的打新策略,获得老虎专访,还有机会赢取限量周边礼物!这些新股为什么这么香? <a href=\"https://laohu8.com/S/02508\">$圣贝拉(02508)$</a> 则是中国最大的产后护理及修复集团,被称作“全球家庭品质护理第一股”。凭借旗下圣贝拉、艾屿、小贝拉三大品牌,覆盖了超高端、高端及轻奢不同消费群体,客","listText":"今年以来,港股打新行情明显回暖,不少虎友靠打新轻松吃肉,短短几天就能实现数千到数万港元的盈利。消费、家政护理、黄金珠宝等板块轮番走强,打新机会层出不穷。今天就来盘点几位虎友的真实晒单,看看他们是如何抓住这波行情的!先上图恭喜虎友打新大赚! <a href=\"https://laohu8.com/U/4134799046836020\">@释迦牟尼</a> 打中新股圣贝拉,单票盈利高达 70300 港元 <a href=\"https://laohu8.com/U/4211069958292362\">@企鹅在五指山大野</a> 打中新股圣贝拉,单票盈利 6001 港元 <a href=\"https://laohu8.com/U/4136116034049952\">@韭菜大师</a> 打中新股IFBH,单票盈利 18967 港元 <a href=\"https://laohu8.com/U/3505175992816849\">@小贝导演</a> 打中新股IFBH,单票盈利 10451 港元 <a href=\"https://laohu8.com/U/4163824998746522\">@奕源之乐</a> 打中新股周六福,单票收益率高达 103% <a href=\"https://laohu8.com/U/4202308156282022\">@老虎风语</a> 打中新股周六福,单票收益率也达到 95%欢迎以上虎友添加虎妞微信(微信:itiger2014),聊聊你的打新策略,获得老虎专访,还有机会赢取限量周边礼物!这些新股为什么这么香? <a href=\"https://laohu8.com/S/02508\">$圣贝拉(02508)$</a> 则是中国最大的产后护理及修复集团,被称作“全球家庭品质护理第一股”。凭借旗下圣贝拉、艾屿、小贝拉三大品牌,覆盖了超高端、高端及轻奢不同消费群体,客","text":"今年以来,港股打新行情明显回暖,不少虎友靠打新轻松吃肉,短短几天就能实现数千到数万港元的盈利。消费、家政护理、黄金珠宝等板块轮番走强,打新机会层出不穷。今天就来盘点几位虎友的真实晒单,看看他们是如何抓住这波行情的!先上图恭喜虎友打新大赚! @释迦牟尼 打中新股圣贝拉,单票盈利高达 70300 港元 @企鹅在五指山大野 打中新股圣贝拉,单票盈利 6001 港元 @韭菜大师 打中新股IFBH,单票盈利 18967 港元 @小贝导演 打中新股IFBH,单票盈利 10451 港元 @奕源之乐 打中新股周六福,单票收益率高达 103% @老虎风语 打中新股周六福,单票收益率也达到 95%欢迎以上虎友添加虎妞微信(微信:itiger2014),聊聊你的打新策略,获得老虎专访,还有机会赢取限量周边礼物!这些新股为什么这么香? $圣贝拉(02508)$ 则是中国最大的产后护理及修复集团,被称作“全球家庭品质护理第一股”。凭借旗下圣贝拉、艾屿、小贝拉三大品牌,覆盖了超高端、高端及轻奢不同消费群体,客","images":[{"img":"https://static.tigerbbs.com/e896a8eefb75f41e9cf924d626c81b24","width":"1080","height":"1080"},{"img":"https://static.tigerbbs.com/980f2920c9e370bb62e07bd57b1e7e0a","width":"1080","height":"1080"},{"img":"https://static.tigerbbs.com/5638a066f76c300704180e8631f88521","width":"1080","height":"1080"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/451975908221072","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":451539743670272,"gmtCreate":1751265441938,"gmtModify":1751265443305,"author":{"id":"3560818482432945","authorId":"3560818482432945","name":"Yangsirisme","avatar":"https://static.tigerbbs.com/2166d9cedc25a9fab231e41517a39d77","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560818482432945","authorIdStr":"3560818482432945"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06168\">$周六福(06168)$</a> 谁能告诉我为啥好几只港股(古茗,周六福)新股开盘不涨,上市几天又每天20%?这是不打新炒新了?","listText":"<a href=\"https://laohu8.com/S/06168\">$周六福(06168)$</a> 谁能告诉我为啥好几只港股(古茗,周六福)新股开盘不涨,上市几天又每天20%?这是不打新炒新了?","text":"$周六福(06168)$ 谁能告诉我为啥好几只港股(古茗,周六福)新股开盘不涨,上市几天又每天20%?这是不打新炒新了?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/451539743670272","isVote":1,"tweetType":1,"viewCount":1484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":449210349891768,"gmtCreate":1750697312224,"gmtModify":1750697313949,"author":{"id":"3560818482432945","authorId":"3560818482432945","name":"Yangsirisme","avatar":"https://static.tigerbbs.com/2166d9cedc25a9fab231e41517a39d77","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560818482432945","authorIdStr":"3560818482432945"},"themes":[],"htmlText":"可是他差点飚到80的四倍","listText":"可是他差点飚到80的四倍","text":"可是他差点飚到80的四倍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/449210349891768","isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":448322737082464,"gmtCreate":1750480660780,"gmtModify":1750480661903,"author":{"id":"3560818482432945","authorId":"3560818482432945","name":"Yangsirisme","avatar":"https://static.tigerbbs.com/2166d9cedc25a9fab231e41517a39d77","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560818482432945","authorIdStr":"3560818482432945"},"themes":[],"htmlText":"为啥不是一步到位,就是找接盘侠,最少下跌30%一旦回调","listText":"为啥不是一步到位,就是找接盘侠,最少下跌30%一旦回调","text":"为啥不是一步到位,就是找接盘侠,最少下跌30%一旦回调","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/448322737082464","repostId":"2545922101","repostType":2,"repost":{"id":"2545922101","kind":"highlight","weMediaInfo":{"introduction":"追踪全球财经热点,精选影响您财富的资讯,投资理财必备神器!","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1750478416,"share":"https://www.laohu8.com/m/news/2545922101?lang=&edition=full","pubTime":"2025-06-21 12:00","market":"sg","language":"zh","title":"上市10天6倍后,还有分析师继续看涨Circle?","url":"https://stock-news.laohu8.com/highlight/detail?id=2545922101","media":"华尔街见闻","summary":"IPO上市10天累计涨超675%,Seaport分析师仍首次给予Circle买入评级,认为随着监管环境改善和加密货币接受度提升,稳定币市场将迎来爆发式增长。Circle作为\"顶级加密颠覆者\",有望实现年化25%-30%的收入增长,不过商业模式面临利率风险挑战。","content":"<html><head></head><body><p>疯狂的涨势“根本停不下来”!“稳定币第一股”Circle隔夜又飙升超20%,自IPO以来累计涨幅超650%。尽管已经累计了惊人涨幅,但仍有分析仍首次给予该股买入评级。</p><p>周五(6月20日),“稳定币第一股”Circle延续疯狂涨势,再度飙升逾20%至240.28美元。在美国参议院通过GENIUS法案后,连续第二个交易日大涨。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac940baba1dca84ea13c82cc298468a3\" tg-width=\"560\" tg-height=\"240\"/></p><p>据华尔街见闻次前文章提及,周三,美国参议院以68-30的票数通过GENIUS法案,为美元支持的稳定币建立联邦监管框架,要求发行商持有国债等安全资产作为储备。消息出炉之后,当天Circle暴涨近30%。</p><p>自6月5日IPO以来,Circle股价累计涨幅超过675%,从IPO时31美元的发行价飙升至周五收盘的240.28美元。尽管涨幅惊人,但是<strong>Seaport Research Partners分析师Jeff Cantwell仍首次给予该股买入评级,目标价235美元。</strong></p><p>Cantwell预计,随着监管环境改善和加密货币接受度提升,稳定币市场将迎来爆发式增长。Cantwell认为,<strong>Circle作为"顶级加密颠覆者",有望在这轮增长中获得巨大收益,实现年化25%-30%的收入增长。</strong></p><p>不过,Circle的商业模式<strong>高度依赖利率水平,每25个基点的降息将削减其2026年EBITDA(税息折旧及摊销前利润)约1亿美元</strong>。此外,该公司需向<a href=\"https://laohu8.com/S/COIN\">Coinbase</a>等合作伙伴支付分销费用,这也对利润率构成压力。</p><h2 id=\"id_1750262535\">稳定币市场规模有望翻倍增长</h2><p>Seaport Research Partners预测,稳定币市场总市值将从目前的2600亿美元增长至2026年底的5000亿美元,长期更可能达到2万亿美元规模。这一增长主要由DeFi、跨境支付和电商等领域的稳定币采用推动。</p><p>Circle发行的USDC稳定币目前占据29%的市场份额,仅次于Tether的USDT。随着更多企业将稳定币纳入资金管理或用于支付,USDC的使用场景将显著扩大。</p><p>据介绍,Circle正在构建金融基础设施,试图吸引更多企业和客户进入加密货币领域,旗下Circle Payments Network产品帮助<a href=\"https://laohu8.com/S/FISI\">金融机构</a>进行实时跨境支付,在供应商付款、汇款和薪资发放等领域具有颠覆性潜力。</p><h2 id=\"id_259649170\">商业模式面临利率风险挑战</h2><p>Circle的收入主要来自储备资产的利息收入,这部分收入在过去三个财年占总收入的95%-99%。因此USDC规模增长是其核心收入驱动力,但这种模式也使公司易受利率波动影响。</p><p>Fundstrat数字资产策略主管Sean Farrell指出,每25个基点的降息将削减Circle约1亿美元的2026年EBITDA预期,需要稳定币采用率增长10%才能抵消这一影响。</p><p>此外,Circle需要向Coinbase等合作伙伴支付USDC分销费用,这进一步压缩了利润率。</p><p>值得注意的是,Farrell在IPO次日给出59美元的目标价,认为"<a href=\"https://laohu8.com/S/600532\">未来</a>更多情况下会对当前估值构成压力"。</p><h2 id=\"id_2115853873\">市场寻找真实价值支撑</h2><p>对股市投资者而言,Circle是为数不多的纯粹稳定币概念标的。Tether并未公开上市,Coinbase更多是合作伙伴而非直接竞争对手,<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>和<a href=\"https://laohu8.com/S/XYZ\">Block</a>等公司业务范围更广泛。</p><p>Circle的天价估值让华尔街陷入判断其650%涨幅是否"真实"的困境。目前股价表现主要由市场对稳定币行业前景的乐观预期推动,而非基本面的显著改善。</p><p>Cantwell认为,当前的加密货币和稳定币市场类似于2016年的金融科技行业——尚未成熟但机会巨大。在监管环境改善的背景下,Circle仍处于发展早期阶段,具备长期增长潜力。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" 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0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n上市10天6倍后,还有分析师继续看涨Circle?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-21 12:00 北京时间 <a href=https://wallstreetcn.com/articles/3749555><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>疯狂的涨势“根本停不下来”!“稳定币第一股”Circle隔夜又飙升超20%,自IPO以来累计涨幅超650%。尽管已经累计了惊人涨幅,但仍有分析仍首次给予该股买入评级。周五(6月20日),“稳定币第一股”Circle延续疯狂涨势,再度飙升逾20%至240.28美元。在美国参议院通过GENIUS法案后,连续第二个交易日大涨。据华尔街见闻次前文章提及,周三,美国参议院以68-30的票数通过GENIUS...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3749555\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2b6ee35d5e3953381b46896042cc8e62","relate_stocks":{"LU1861217088.USD":"贝莱德金融科技A2","CRCL":"Circle Internet Corp.","BK4588":"碎股","BK4600":"加密货币概念","BK4112":"金融交易所和数据","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","COIN":"Coinbase Global, Inc.","BK4595":"比特币概念","BK4551":"寇图资本持仓","BK4539":"次新股","BK4023":"应用软件","BK4554":"元宇宙及AR概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4585":"ETF&股票定投概念","BK4516":"特朗普概念","BK4535":"淡马锡持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4596":"哈里斯概念"},"source_url":"https://wallstreetcn.com/articles/3749555","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2545922101","content_text":"疯狂的涨势“根本停不下来”!“稳定币第一股”Circle隔夜又飙升超20%,自IPO以来累计涨幅超650%。尽管已经累计了惊人涨幅,但仍有分析仍首次给予该股买入评级。周五(6月20日),“稳定币第一股”Circle延续疯狂涨势,再度飙升逾20%至240.28美元。在美国参议院通过GENIUS法案后,连续第二个交易日大涨。据华尔街见闻次前文章提及,周三,美国参议院以68-30的票数通过GENIUS法案,为美元支持的稳定币建立联邦监管框架,要求发行商持有国债等安全资产作为储备。消息出炉之后,当天Circle暴涨近30%。自6月5日IPO以来,Circle股价累计涨幅超过675%,从IPO时31美元的发行价飙升至周五收盘的240.28美元。尽管涨幅惊人,但是Seaport Research Partners分析师Jeff Cantwell仍首次给予该股买入评级,目标价235美元。Cantwell预计,随着监管环境改善和加密货币接受度提升,稳定币市场将迎来爆发式增长。Cantwell认为,Circle作为\"顶级加密颠覆者\",有望在这轮增长中获得巨大收益,实现年化25%-30%的收入增长。不过,Circle的商业模式高度依赖利率水平,每25个基点的降息将削减其2026年EBITDA(税息折旧及摊销前利润)约1亿美元。此外,该公司需向Coinbase等合作伙伴支付分销费用,这也对利润率构成压力。稳定币市场规模有望翻倍增长Seaport Research Partners预测,稳定币市场总市值将从目前的2600亿美元增长至2026年底的5000亿美元,长期更可能达到2万亿美元规模。这一增长主要由DeFi、跨境支付和电商等领域的稳定币采用推动。Circle发行的USDC稳定币目前占据29%的市场份额,仅次于Tether的USDT。随着更多企业将稳定币纳入资金管理或用于支付,USDC的使用场景将显著扩大。据介绍,Circle正在构建金融基础设施,试图吸引更多企业和客户进入加密货币领域,旗下Circle Payments Network产品帮助金融机构进行实时跨境支付,在供应商付款、汇款和薪资发放等领域具有颠覆性潜力。商业模式面临利率风险挑战Circle的收入主要来自储备资产的利息收入,这部分收入在过去三个财年占总收入的95%-99%。因此USDC规模增长是其核心收入驱动力,但这种模式也使公司易受利率波动影响。Fundstrat数字资产策略主管Sean Farrell指出,每25个基点的降息将削减Circle约1亿美元的2026年EBITDA预期,需要稳定币采用率增长10%才能抵消这一影响。此外,Circle需要向Coinbase等合作伙伴支付USDC分销费用,这进一步压缩了利润率。值得注意的是,Farrell在IPO次日给出59美元的目标价,认为\"未来更多情况下会对当前估值构成压力\"。市场寻找真实价值支撑对股市投资者而言,Circle是为数不多的纯粹稳定币概念标的。Tether并未公开上市,Coinbase更多是合作伙伴而非直接竞争对手,PayPal和Block等公司业务范围更广泛。Circle的天价估值让华尔街陷入判断其650%涨幅是否\"真实\"的困境。目前股价表现主要由市场对稳定币行业前景的乐观预期推动,而非基本面的显著改善。Cantwell认为,当前的加密货币和稳定币市场类似于2016年的金融科技行业——尚未成熟但机会巨大。在监管环境改善的背景下,Circle仍处于发展早期阶段,具备长期增长潜力。","news_type":1,"symbols_score_info":{"COIN":0.9,"CRCL":0.9}},"isVote":1,"tweetType":1,"viewCount":864,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":447264183448376,"gmtCreate":1750216808866,"gmtModify":1750216810669,"author":{"id":"3560818482432945","authorId":"3560818482432945","name":"Yangsirisme","avatar":"https://static.tigerbbs.com/2166d9cedc25a9fab231e41517a39d77","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3560818482432945","authorIdStr":"3560818482432945"},"themes":[],"htmlText":"股票为何反而跌成这样","listText":"股票为何反而跌成这样","text":"股票为何反而跌成这样","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/447264183448376","isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"followers","isTTM":false}