Gate News 消息,3 月 25 日,10x Research 分析指出,稳定币经济之争已在 Circle 与某 CEX 之间展开。Circle 股价近期单日下跌约 20%,部分投资者将其归因于 CLARITY 法案带来的不确定性,但亦有观点认为该法案将构成结构性利好。Circle 支持联邦层面的稳定币监管框架,以换取 USDC 的机构合法性与长期扩张空间,而某 CEX 则更侧重通过收益型余额实现短期盈利,两者在商业模式上形成对立。在监管框架下,Circle 或放弃部分高利润分销模式,但将获得更具持续性的"监管确定性",有望推动机构采用、全球结算场景及与传统金融体系的深度融合。10x Research 补充指出,基于当前市场环境,将重新审视此前提出的"做多 Circle、做空某 CEX"观点并评估该策略是否仍然有效。
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Gerelateerde artikelen
Circle Partners OSL to Expand USDC Access Across Markets
OSL integrates USDC for 1:1 conversions, trading pairs, and unified margin use across crypto and fiat markets.
Partnership adds tokenized assets like USYC, linking traditional finance products with blockchain-based liquidity tools.
Circle introduces native USDC bridging, enabling secure c
CryptoFrontNews8u geleden
RedotPay Adds SUI and USDC-Sui for Global Payments
RedotPay adds SUI and USDC-Sui, allowing 7M users to transact globally across 130M merchants in over 100 countries.
Native USDC support on Sui improves efficiency, removing reliance on bridged tokens and enabling near-instant settlement.
Integration links blockchain payments with
CryptoFrontNews10u geleden
Circle, OSL Expand USDC Access as Asia Cross-Border Demand Grows
Institutional access to digital dollar liquidity is growing as cross-border settlement demand rises and stablecoins gain a larger role in market infrastructure. OSL Group and Circle are expanding USDC use across trading, payments, and settlement in Asia.
Key Takeaways:
OSL Group expanded USDC acc
Coinpedia18u geleden
CHIP Liquidations Hit $1.2M in One Hour as Trader neoyokio.eth Opens $2.2M Long Position
Gate News message, April 23 — According to monitoring data from Hyperinsight and Coinglass, CHIP led all assets in liquidations over the past hour with approximately $1.2 million in liquidated positions, primarily long positions. On the Hyperliquid platform, a single address was liquidated twice ove
GateNews18u geleden
Pornhub Switches Creator Payouts from USDT to USDC for Greater Reliability
Pornhub swapped creator payouts from USDT to USDC, citing reliability and MiCA compliance; older USDT-PayPal ties and TronLink-based partnerships have been removed.
Abstract: Pornhub replaced USDT payouts with USDC for creators, arguing USDC is more reliable and MiCA-compliant. The move ends PayPal-USDT ties and TronLink-based payment infrastructure, and those partnerships were removed from the creator payment page.
GateNews19u geleden
Circle Proposes Emergency Rate Overhaul for Aave's Frozen USDC Pool
Summary: Circle proposes an emergency Aave V3 USDC overhaul, lifting Slope 2 to ~40% to restore healthy utilization (target ~85%), with max rate rising to ~48%, arguing borrowers ignore rates; also suggests pausing the USDC risk oracle.
Abstract: Circle has urged an emergency overhaul of Aave V3's USDC pool after four days at near-6% idle liquidity and 99.87% utilization following the KelpDAO exploit. The plan would immediately raise Slope 2 for USDC deposits from about 10% to 40%, followed by governance ratification of a 50% target within a week. The aim is to attract supply and restore balanced utilization, with a move to a higher max supply rate (about 48%) at full utilization. Liao argues current borrowers use USDC borrowing as a queue-bypass mechanism and are insensitive to current rates, making supply-focused incentives essential. The proposal also recommends pausing the USDC Risk Oracle due to past underperformance. Circle’s stance is notable because a stablecoin issuer is essentially saying the market for its asset on Aave is broken.
CryptoFrontier22u geleden