加密貨幣比特幣和金融銀行市場，虛擬貨幣不斷增長

金融世界正在進行數字革命。多年來，銀行一直在尋找使用數字化來簡化流程的方法

input: Digital currencies set to revolutionize payments in 2023

輸入：數字貨幣將在2023年革新付款

The world of finance is undergoing a digital revolution. For a number of years now banks have looked at ways to use digitization to streamline processes, enhance efficiency, and improve customer experience, with varying degrees of success. However, the future of payments is venturing beyond just digitizing banking processes; it is about digitizing money itself.

金融世界正在進行數字革命。多年來，銀行一直在研究使用數字化來簡化流程，提高效率並提高客戶體驗的方法，並取得不同程度的成功。但是，付款的未來不僅僅是數字化銀行流程。這是關於將錢本身數字化。

While the concept of digital money has been around for over a decade now, 2023 is set to be the year of mass adoption. Digital money and the underlying technology, in many cases blockchain, overcome some of the key constraints of today’s payment processes – particularly around speed and availability. Digital money enables payments to be available 24/7, 365 days without any closing hours. Settlement will be near instant all around the globe and fees for cross-border remittances will be an order of magnitude lower than in today’s world of correspondent banks.

儘管數字貨幣的概念已經存在了十多年，但2023年將成為大規模收養的一年。數字資金和基礎技術在許多情況下，區塊鏈在許多情況下都克服了當今付款過程的一些關鍵限制，尤其是在速度和可用性附近。數字貨幣使付款可以24/7，365天無需任何閉幕式。解決方案將接近全球，跨境匯款的費用將比當今的記者銀行低。

Today digital money comes in three main forms:

如今，數字資金有三種主要形式：

Central Bank Digital Currencies (CBDC)

中央銀行數字貨幣（CBDC）

Central Bank Digital Currencies are legal tender issued by the central bank of a country and thus have all the properties of traditional money. China and India are amongst the countries already piloting CBDCs with the Euro area planning to introduce an E-Euro in 2027.

中央銀行數字貨幣是由一個國家中央銀行發行的法定貨幣，因此具有傳統資金的所有財產。中國和印度是已經駕駛CBDC的國家之一，歐元區計劃在2027年引入E-Euro。

Commercial Bank Money Tokens

商業銀行貨幣代幣

Commercial Bank Money Tokens (also sometimes called deposit tokens) are a form of digital money representing a claim against the bank issuing the token. From a bank’s perspective it is digitizing (tokenizing) the deposits a customer has at the bank and making them available in its digital form today typically on a private, permissioned blockchain.

商業銀行貨幣令牌（有時也稱為存款令牌）是一種數字貨幣形式，代表對發行代幣的銀行提出索賠。從銀行的角度來看，它正在數字化（象徵化）客戶在銀行擁有的存款，並以私人許可的區塊鏈的形式以數字形式提供。

Fiat-backed stablecoins

菲亞特支持的stablecoins

Fiat-backed stablecoins like the US Dollar Coin (USDC) or PayPal USD (PYUSD) are a form of money issued by a private, regulated entity. These issuers get traditional money, also called FIAT, and for each dollar they receive they create one stablecoin token and use the FIAT money as collateral in the form of short-term government securities or cash holdings. Europe has a clear regulatory framework called Market in Crypto Regulation[2]

菲亞大學支持的穩定幣，例如美元硬幣（USDC）或PayPal USD（PYUSD）是由私人，受監管的實體發行的一種形式。這些發行人獲得了傳統的錢，也稱為法定資金，他們每收到他們收到的每一美元，他們創建一個穩定的代幣，並以短期政府證券或現金持有的形式將菲亞特錢用作抵押品。歐洲有一個明確的監管框架，稱為加密法規中的市場[2]

All forms of digital money offer near-instant payment capabilities at low fees but there are important differences among them. An overview:

所有形式的數字貨幣都以低費用提供近乎固有的支付功能，但它們之間存在重要差異。概述：

CBDCs (Central Bank Digital Currencies) are legal tender and ideally suited as means of payment. However, as they are still in concept or pilot phase, they are not yet available for real-world use cases at scale.

CBDC（中央銀行數字貨幣）是法定貨幣，非常適合作為付款方式。但是，由於它們仍處於概念或試點階段，因此尚未大規模用於現實世界中的用例。

CBMTs (Commercial Bank Money Tokens) are a digital representation of deposits but are mostly constrained to one banking network meaning both parties, payer and payee must have an account with the same bank. This restricts the number of use cases and makes this form of money particularly relevant for intra-company transfers.

CBMTS（商業銀行貨幣代幣）是存款的數字代表，但大部分被限制在一個銀行網絡上，這意味著雙方，付款人和收款人必須在同一銀行中擁有一個帳戶。這限制了用例的數量，並使這種形式的資金與公司內轉移特別相關。

FIAT-backed stablecoins are the most accessible form of digital money and can be utilized in all use cases requiring near-instant payments at a global scale. With the collaterals being segregated from the assets of the issuer they in theory are even more secure than bank deposits.

菲亞族支持的穩定幣是最容易獲得的數字貨幣形式，可以在所有需要在全球範圍內付款的用例中使用。從理論上講，與發行人的資產分開的抵押品比銀行存款更加安全。

Use cases for payment with digital money

用數字貨幣付款的用例

In particular, whenever instant money movement outside banking hours is required or cross-border payments need to be made, digital money has clear and obvious benefits.

特別是，每當需要在銀行數小時以外的時間內進行即時貨幣移動，或者需要進行跨境支付，數字資金就會有明顯而明顯的收益。

One example would be cross-border supplier payments. According to Sam Bronner from the venture capital firm Andreesen Horowitz, international wire remittances cost $30 - $50 and take 1 – 5 days business days to settle. With stablecoins residing on the blockchain, transaction costs can be as low as one cent and settle within seconds. This is particularly relevant for enterprises moving into subscription models with lower amounts and more frequent payment terms.

一個例子是跨境供應商付款。根據風險投資公司安德烈森·霍洛維茨（Andreesen Horowitz）的薩姆·布朗納（Sam Bronner）的說法，國際電線匯款的價格為30-50美元，需要1 - 5天的工作日來定居。隨著穩定的穩定性居住在區塊鏈上，交易成本可以低至一美分，並在幾秒鐘內定居。這對於企業涉及訂閱模型的企業尤其重要，付款條款較低。

Another example is intra-company money transfers. Digital currencies are an ideal means of transferring money swiftly and without any hassle between subsidiaries and headquarters. Stablecoins, as well as commercial bank money tokens, are a good choice for this use case.

另一個例子是公司內貨幣轉移。數字貨幣是迅速轉移資金且在子公司和總部之間沒有任何麻煩的理想方法。對於此用例，Stablecoins以及商業銀行貨幣代幣是一個不錯的選擇。

A third area where digital currencies can be particularly useful is in time-critical high-value payments. As companies can only book revenues upon delivery of the goods or service and reception of the corresponding payment, instant money movement is needed if a multimillion-dollar purchase is delivered to a customer on a Saturday or Sunday at the end of a quarter. Rare, though vital, large transactions like an M&A closing on a Saturday or Sunday also require immediate payment. Digital currency effectively means time no longer needs to be a major consideration for these kinds of transactions.

數字貨幣可能特別有用的第三個領域是時間關鍵的高價值支付。由於公司只能在交付貨物或服務以及相應付款的接收後預訂收入，因此，如果在一個季度結束時在星期六或週日交付了數百萬美元的購買，就需要即時貨幣移動。罕見（儘管至關重要）大型交易，例如星期六或週日的併購結束，也需要立即付款。數字貨幣有效地意味著時間不再需要成為此類交易的主要考慮因素。

Putting the building blocks together

將構建塊放在一起

Near instant payments 24/7 globally are possible today, and with the advent of technology like the SAP Digital Currency Hub, you can now connect your existing ERP system with blockchain-based finance. Agree with suppliers on a stablecoin like USDC or PYUSD and blockchain like Ethereum or Polygon for settlement and you can set up the system rapidly. You then onboard with a stablecoin issuer for direct minting and redemption or with

如今，全球範圍內實現了24/7的即時付款，並且隨著SAP數字貨幣中心等技術的出現，您現在可以將現有的ERP系統與基於區塊鏈的Finance連接起來。同意USDC或PYUSD（例如以太坊或多邊形）等穩定的供應商進行和解，您可以快速設置該系統。然後，您將使用穩定發行人加入直接鑄造和贖回或