{"id":587415,"date":"2025-08-12T06:33:55","date_gmt":"2025-08-12T13:33:55","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/08\/circle\/"},"modified":"2025-08-12T06:33:55","modified_gmt":"2025-08-12T13:33:55","slug":"circle","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/08\/circle\/","title":{"rendered":"Circle \u5728\u5b63\u5831\u71df\u6536\u8d85\u9810\u671f\u5f8c\u80a1\u50f9\u8df3\u6f32"},"content":{"rendered":"

Circle Internet Group \u80a1\u50f9\u5728\u76e4\u524d\u4ea4\u6613\u4e2d\u5927\u7d04\u4e0a\u6f327%\uff0c\u6b64\u524d\u9019\u5bb6 USDC \u767c\u884c\u5546\u516c\u5e03\u4e86\u81ea\u516d\u6708\u4e0a\u5e02\u4ee5\u4f86\u7684\u9996\u4efd\u8ca1\u5831\uff1a\u71df\u6536\u5e74\u589e53%\uff0c\u90546.58\u5104\u7f8e\u5143\uff0c\u8d85\u904e\u5e02\u5834\u9810\u671f\uff1b\u6de8\u8667\u640d\u70ba4.82\u5104\u7f8e\u5143\uff0c\u4e3b\u8981\u53d75.91\u5104\u7f8e\u5143\u975e\u73fe\u91d1\u7684\u4e0a\u5e02\u76f8\u95dc\u6703\u8a08\u8cbb\u7528\u5f71\u97ff\u3002USDC \u6d41\u901a\u91cf\u6fc0\u589e90%\uff0c\u9054\u5230613\u5104\u7f8e\u5143\uff0c\u51f8\u986f\u5728\u516c\u53f8\u627f\u64d4\u4e0a\u5e02\u6703\u8a08\u885d\u64ca\u4e4b\u969b\uff0c\u7a69\u5b9a\u5e63\u9700\u6c42\u4ecd\u7136\u5f37\u52c1\u3002<\/p>\n

\u4ee5 USDC \u63a8\u52d5\u7684\u8d85\u9810\u671f\u8868\u73fe\u63d0\u632f CRCL \u80a1\u50f9<\/h3>\n

\u6574\u9ad4\u6558\u4e8b\u76f8\u7576\u76f4\u63a5\u4e14\u504f\u591a\u982d\u3002\u4ee5 CRCL \u4ea4\u6613\u7684 Circle \u6b63\u770b\u5230\u5176\u767c\u884c\u7684\u8cc7\u7522\u8fc5\u901f\u64f4\u5f35\u4e26\u8f49\u5316\u70ba\u71df\u6536\u6210\u9577\uff0c\u5e02\u5834\u6b63\u5728\u95dc\u6ce8\u9019\u4e00\u9ede\u300253% \u7684\u71df\u6536\u8df3\u589e\u4f7f Circle \u5728\u65b0\u4e0a\u5e02\u7684\u91d1\u878d\u79d1\u6280\u516c\u53f8\u4e2d\u8868\u73fe\u7a81\u51fa\uff0c\u800c613\u5104\u7f8e\u5143\u7684 USDC \u6d41\u901a\u91cf\u5247\u8b49\u5be6\u8a72\u7522\u54c1\u5728\u7d93\u6b772023\u5e74\u6ce2\u52d5\u5f8c\u5df2\u91cd\u65b0\u52a0\u901f\u3002\u57f7\u884c\u9577 Jeremy Allaire \u5c07\u6b64\u63cf\u8ff0\u70ba\u4e00\u7a2e\u7d50\u69cb\u6027\u8f49\u8b8a\uff0c\u8a8d\u70ba\u4e92\u806f\u7db2\u6b63\u5728\u8207\u91d1\u878d\u7cfb\u7d71\u76f8\u649e\u3002\u9019\u6b63\u662f USDC \u6a21\u5f0f\u80cc\u5f8c\u7684\u6838\u5fc3\u62bc\u6ce8\uff0c\u800c\u6295\u8cc7\u4eba\u53ef\u4ee5\u6bcf\u5929\u5c0d\u5176\u9032\u884c\u6a19\u8a18\u4f30\u503c\uff0c\u56e0\u70ba\u6d41\u901a\u91cf\u8207\u9322\u5305\u6d3b\u52d5\u53ef\u898b\uff0c\u800c\u4e14 Circle \u7684\u5927\u591a\u6578\u6536\u5165\u8207\u652f\u6490 USDC \u7684\u73fe\u91d1\u8207\u7f8e\u50b5\u7522\u751f\u7684\u6536\u76ca\u639b\u9264\u3002\u80a1\u50f9\u7684\u65e9\u76e4\u5927\u5e45\u4e0a\u6f32\u53cd\u6620\u4e86\u9019\u7a2e\u95dc\u806f\uff1a\u6d41\u901a\u4e2d\u7684\u7f8e\u5143\u589e\u52a0\u52a0\u4e0a\u5229\u7387\u4ecd\u8655\u9ad8\u4f4d\uff0c\u7b49\u65bc\u66f4\u8c50\u539a\u7684\u6536\u76ca\uff0c\u4eca\u65e5\u7684\u71df\u6536\u8d85\u9810\u671f\u6bd4\u5169\u500b\u6708\u524d\u4e0a\u5e02\u6642\u7684\u60b2\u89c0\u9810\u671f\u66f4\u52a0\u4e7e\u6de8\u660e\u6717\u3002<\/p>\n

IPO \u8cbb\u7528\u63a9\u84cb\u4e86\u7d93\u71df\u5716\u50cf<\/h3>\n

\u8868\u9762\u4e0a\u7684 GAAP \u8667\u640d\u5c07\u6210\u70ba\u7a7a\u982d\u7684\u958b\u5834\u8ad6\u9ede\uff0c\u4f46\u5176\u69cb\u6210\u66f4\u91cd\u8981\u3002Circle \u76844.82\u5104\u7f8e\u5143\u8667\u640d\u4e3b\u8981\u7531\u8207\u4e0a\u5e02\u76f8\u95dc\u7684\u975e\u73fe\u91d1\u9805\u76ee\u63a8\u52d5\u3002\u82e5\u5254\u96645.91\u5104\u7f8e\u5143\u7684\u4e0a\u5e02\u6703\u8a08\u8cbb\u7528\uff0c\u5e95\u5c64\u7d93\u6fdf\u72c0\u6cc1\u660e\u986f\u512a\u65bc\u8868\u9762\u6578\u5b57\u3002\u9019\u4e26\u975e\u8aaa\u9019\u4e9b\u8cbb\u7528\u4e0d\u91cd\u8981\uff0c\u4f46\u5b83\u5011\u4e26\u4e0d\u80fd\u826f\u597d\u5730\u9810\u6e2c\u672a\u4f86\u7372\u5229\u80fd\u529b\u3002\u66f4\u4e7e\u6de8\u7684\u5224\u65b7\u61c9\u8a72\u8457\u773c\u65bc\u6295\u8cc7\u4eba\u53ef\u4ee5\u5728\u6a21\u578b\u4e2d\u63a7\u5236\u7684\u5169\u500b\u9a45\u52d5\u56e0\u7d20\u3002\u7b2c\u4e00\u662f USDC \u7684\u63a1\u7528\u8207\u7559\u5b58\u901f\u5ea6\uff0c\u96a8\u8457\u52a0\u5bc6\u5e02\u5834\u6df1\u5ea6\u56de\u6b78\u4ee5\u53ca\u66f4\u591a\u652f\u4ed8\u8207\u93c8\u4e0a\u7d50\u7b97\u7528\u4f8b\u6210\u719f\uff0c\u9019\u4e00\u901f\u5ea6\u5df2\u5728\u52a0\u5feb\u3002\u7b2c\u4e8c\u662f\u5229\u7387\u8d70\u52e2\u3002Circle \u7684\u6838\u5fc3\u6536\u5165\u5f15\u64ce\u662f\u5176\u5132\u5099\u7d44\u5408\u7684\u6536\u76ca\uff0c\u8a72\u5132\u5099\u4e3b\u8981\u653e\u5728\u77ed\u671f\u7f8e\u570b\u570b\u50b5\u548c\u73fe\u91d1\u4e0a\u3002\u5982\u679c\u5229\u7387\u57282026\u5e74\u8d70\u4f4e\uff0c\u9664\u975e USDC \u6d41\u901a\u91cf\u518d\u51fa\u73fe\u53e6\u4e00\u6ce2\u63d0\u5347\u6216\u51fa\u73fe\u65b0\u7684\u6536\u8cbb\u4f86\u6e90\uff0c\u5426\u5247\u71df\u6536\u589e\u901f\u5c07\u653e\u7de9\u3002\u5c31\u76ee\u524d\u800c\u8a00\uff0c\u7d93\u71df\u9762\u5448\u73fe\u51fa\u898f\u6a21\u64f4\u5f35\u62b5\u6d88\u5229\u7387\u98a8\u96aa\u7684\u5716\u666f\uff0c\u9019\u4e5f\u89e3\u91cb\u4e86\u70ba\u4f55\u80a1\u50f9\u5c0d\u71df\u6536\u8d85\u9810\u671f\u7684\u53cd\u61c9\u5927\u65bc\u5c0d\u8667\u640d\u7684\u53cd\u61c9\u3002<\/p>\n

\u65b0\u7684 Arc \u5340\u584a\u93c8\u8207 Genius Act \u7684\u6558\u4e8b<\/h3>\n

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\u4f30\u503c\u654f\u611f\u9ede\u8207\u5f8c\u7e8c\u50ac\u5316\u5291<\/h3>\n

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