Coinbase，Circle和Crypto Rally：是什麼驅動了激增？

Circle的IPO和潛在的Stablecoin立法正在加強加密集會，Coinbase有望受益。這是數字金融新時代的開始嗎？

The crypto world is buzzing, and at the center of it all are Coinbase, Circle, and a broader crypto rally. Is it just hype, or is there real substance behind the surge?

加密世界正在嗡嗡作響，在其中的中心是Coinbase，Circle和更廣泛的加密集會。它只是炒作，還是激增背後有真正的物質？

Stablecoins Steal the Show

Stablecoins偷了節目

Stablecoins are emerging as a serious force in the financial landscape. Venture capitalist Chamath Palihapitiya noted that stablecoin transaction volume has more than doubled Visa's in the first half of 2024. Circle, the issuer of USDC, has seen its stock price skyrocket since its IPO. This growth is not just about speculation; stablecoins are being used for real-world business transactions.

穩定幣正成為金融景觀中的嚴重力量。風險投資家Chamath Palihapitiya指出，Stablecoin交易量在2024年上半年的Visa量增加了一倍以上。 USDC的發行人Circle自公開募股以來就已經看到其股價飆升。這種增長不僅與猜測有關。 Stablecoins用於現實世界業務交易。

Circle's IPO: A Crypto Milestone

Circle的IPO：加密軍團

Circle's IPO on the New York Stock Exchange has been a major catalyst. The company's shares have surged, pushing its market capitalization close to $50 billion. This influx of capital is not only benefiting Circle but also boosting overall investor confidence in the crypto space.

Circle在紐約證券交易所的IPO一直是主要的催化劑。該公司的股票飆升，將其市值接近500億美元。這種資本的湧入不僅使圈子受益，而且還增強了投資者對加密貨幣領域的信心。

Legislative Tailwinds

立法風風

The potential passage of the GENIUS Stablecoin Act could provide a regulatory framework for stablecoins, adding further legitimacy to the industry. Treasury Secretary Scott Bessent's comments suggest that the bill is likely to be signed into law, paving the way for greater adoption and innovation.

《天才穩定法案》的潛在通過可以為穩定幣提供一個監管框架，從而進一步增加了該行業的合法性。財政部長斯科特·貝斯特（Scott Bessent）的評論表明，該法案可能會簽署為法律，為更大的收養和創新鋪平了道路。

Coinbase's Role in the Rally

Coinbase在集會中的作用

Coinbase stands to gain significantly from the stablecoin boom. With a revenue share program with Circle, Coinbase is directly benefiting from the increased usage and acceptance of USDC. As stablecoins become more integrated into the financial system, Coinbase is well-positioned to capitalize on this trend.

Coinbase將從Stablecoin繁榮中獲得顯著增益。通過與Circle的收入共享計劃，Coinbase直接受益於USDC的使用和接受。隨著Stablecoins越來越多地整合到金融體系中，Coinbase的位置良好，可以利用這一趨勢。

A Word on HYPE

關於炒作的一句話

While established players like Coinbase and Circle are leading the charge, other crypto projects are also experiencing significant growth. Hyperliquid's HYPE token has reached new all-time highs, driven by interest in its decentralized exchange (DEX) for perpetual futures. The co-founder of BitMEX, Arthur Hayes, has even suggested that Hyperliquid could surpass Binance in trading volumes.

儘管Coinbase和Circle這樣的成熟參與者正在領導這一指控，但其他加密項目也正在經歷顯著的增長。 Hyperliquid的炒作令牌已經達到了新的歷史最高點，這是由於其對永久期貨的分散交易所（DEX）的興趣所推動。 BITMEX的聯合創始人Arthur Hayes甚至建議超級流動性可以超過交易量的binance。

The Future is Bright (and Maybe a Little Volatile)

未來是光明的（也許有些波動）

With stablecoins gaining traction, regulatory clarity on the horizon, and innovative projects emerging, the crypto rally seems to have legs. While volatility is always a factor in the crypto world, the underlying trends suggest a more mature and sustainable market. So, buckle up, folks! It's going to be an interesting ride.

隨著Stablecoins的吸引力，地平線上的監管清晰度以及新興的項目，加密集會似乎有腿。儘管波動率始終是加密世界中的一個因素，但潛在的趨勢表明了一個更加成熟和可持續的市場。所以，搭扣，伙計們！這將是一個有趣的旅程。