https://reports.zhihai.me/tags/bernstein/ Recent content in Bernstein on 脱水研报 Hugo zh-cn Tue, 25 Aug 2026 22:37:50 +0800 https://reports.zhihai.me/posts/2026-08-25-circle-bernstein-agentic-payments/ Tue, 25 Aug 2026 22:37:50 +0800 https://reports.zhihai.me/posts/2026-08-25-circle-bernstein-agentic-payments/ Bernstein 看多 Circle：USDC 重新增长，数字美元再通胀 + 监管松绑 + Agentic 支付三大叙事共振。