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Circle衝上90:華爾街開始擁抱穩定幣?
當 Circle 觸及90美元,背後不只是單一財報驅動,更像是資本市場對“合規加密基礎設施”的重新定價。
穩定幣在加密生態中扮演結算層角色。USDC的規模與交易活躍度高度相關。若監管框架逐步明朗,機構更願意使用合規穩定幣,Circle自然成為受益方。
從估值角度看,市場給90美元,意味着對未來現金流有更高預期。但也要警惕“利率紅利”依賴——高利率環境下儲備收益豐厚,若利率下行,盈利彈性會收窄。
調侃一句:Circle賣的是美元的數字分身,華爾街買的是合規的確定性。 核心問題不是能否到90,而是能否在周期切換中維持增長。#Circle股价触及90美元