通过购买2.1亿美元的战略性股票，Coilbase股票的圈子收购位于美元硬币（USDC）的中心。

在新的IPO文件中揭示了这一动作，有助于随着战斗的升温，圈出了其对第二大稳定的抓地力。

In a move that has significant implications for the cryptocurrency sector, Circle is acquiring Coinbase shares for $210 million, aiming to gain complete control of USD Coin (USDC). This strategic acquisition, which was disclosed in a recent initial public offering (IPO) filing, solidifies Circle's dominance over the second-largest stablecoin as the battle for market share heats up.

在对加密货币行业具有重要意义的举动中，Circle以2.1亿美元的价格收购了Coinbase股票，旨在获得对USD Coin（USDC）的完全控制。这项战略收购是在最近的最初公开募股（IPO）申请中披露的，它巩固了Circle在第二大稳定股中的统治地位，因为争取市场份额的斗争加剧了。

As Tether’s stablecoin holds a commanding 68% of the market share, USDC is encountering increasing competition in the quest for greater institutional acceptance ahead of its planned public listing. The filing reveals that Circle will purchase about a 70% stake in Coinbase for $210 million, effectively transferring Centre to Circle's control.

随着Tether的Stablecoin持有市场份额的68％，USDC遇到了越来越多的竞争，以寻求在计划的公开上市之前寻求更大的机构认可。该文件显示，Circle将以2.1亿美元的价格购买Coinbase约70％的股份，从而有效地将中心转移到Circle的控制权。

This integration cancels the dual governance framework that was initially established in 2018, when Coinbase and Circle co-founded Centre to oversee USDC operations and distribution. While Coinbase shares will continue to distribute USDC, the cryptocurrency exchange will no longer have a role in managing the stablecoin.

这种集成取消了最初于2018年建立的双重治理框架，当时Coinbase和Circle共同创立了中心来监督USDC的运营和分配。尽管Coinbase股票将继续分发USDC，但加密货币交易所将不再在管理Stablecoin中发挥作用。

A Nod to Increased Regulatory Scrutiny in the Stellar Lumens Price Today!

今天对恒星流明价格的监管审查提高了！

今天对恒星流明价格的监管审查提高了！

This merger comes as Circle prepares for its IPO and seeks to strengthen USDC's position against Tether's (USDT) prevailing dominance in the stablecoin market. Industry analysts suggest that the arrangement showcases Circle's urgent need for swift and unilateral decision-making as regulatory scrutiny over stablecoins deepens.

这次合并是随着Circle为IPO做准备的，并试图加强USDC对Tether（USDT）在Stablecoin市场中占主导地位的立场。行业分析师认为，该安排表明，随着对稳定剂的监管审查加深，圈子迫切需要迅速而单方面的决策。

With the European Union's MiCA rules and similar U.S. legislation still in process, a simplified governance structure might be beneficial for USDC in the long run. However, the loss of Coinbase's direct involvement could affect retail distribution channels for USDC.

鉴于欧盟的云母规则和类似的美国立法仍在进行过程中，从长远来看，简化的治理结构可能对USDC有益。但是，Coinbase直接参与的损失可能会影响USDC的零售分配渠道。

The purchase also hints at broader aspirations for Circle, positioning the company for operations beyond a pure stablecoin issuer. Recent forays by Circle into cross-border payments and treasury services suggest a broader vision to create a comprehensive financial infrastructure platform, with USDC serving as a core component. This aligns with the company's statement in the filing: "We are aiming to build a more open and efficient global financial system with the potential to serve billions of people around the world."

购买还暗示了对圈子的更广泛的愿望，将公司定位为纯稳定发行人以外的运营。 Circle进入跨境支付和国库服务的最新企业表明，更广泛的愿景来创建一个全面的金融基础设施平台，USDC充当核心组成部分。这与该公司在文件中的声明相吻合：“我们的目标是建立一个更开放，更有效的全球金融体系，有可能为世界各地数十亿人提供服务。”

The acquisition of Coinbase shares and the integration of Centre are pivotal in this broader strategy, enabling faster response to market changes and seamless integration of new products and services. The filing further mentions that the purchase price represents a multiple of 20 times net income for the six months ended December 31, 2023, highlighting the significant valuation placed on Coinbase's contribution to USDC distribution.

在这一更广泛的战略中，收购Coinbase股票和中心的集成至关重要，从而更快地对市场变化和新产品和服务的无缝集成响应。该文件进一步提到，截至2023年12月31日的六个月，购买价格代表净收入的20倍，强调了Coinbase对USDC分配的贡献的重大估值。

The purchase is being funded through a combination of debt and equity financing, demonstrating Circle's commitment to acquiring a majority stake in Centre and streamlining operations for greater efficiency and speed.

这次购买是通过债务和股权融资的结合来资助的，这表明Circle致力于获得中心的多数股权并简化运营以提高效率和速度。

The coming months will determine the success of this consolidation strategy as USDC faces stiff competition and regulatory structures harden in the cryptocurrency sector. Only time will tell if this move sparks greater innovation or leaves USDC vulnerable in the ongoing battle for stablecoin dominance.

接下来的几个月将决定这种整合策略的成功，因为USDC面临激烈的竞争和监管结构在加密货币行业中变硬。只有时间才能说明这一举动是否会引发更大的创新或使USDC在正在进行的争取Stablecoin主导地位的战斗中遭受损害。