隨著市場擴張，美元穩定幣供應量飆升至接近歷史最高水平

隨著新代幣的發行加劇了市場競爭，與美元掛鉤的穩定幣的總供應量正在接近先前的歷史最高水平。由於 Ethena 的 USDe 穩定幣市值不斷上升，供應量激增至 1,650 億美元。該市場目前由 USDT（佔 70% 的市場份額）和 USDC 主導，隨著 Ethena、PayPal 和 Ripple 推出新的穩定幣，該市場正在擴大，這表明該行業的潛在成長。

Surge in US Dollar-Pegged Stablecoins Nears Previous All-Time High Amidst Market Expansion

隨著市場擴張，與美元掛鉤的穩定幣飆升至歷史新高

The total supply of stablecoins pegged to the US dollar has witnessed a significant increase, approaching its previous all-time high. This surge is attributed to the proliferation of new token issuances that have intensified competition within the stablecoin market.

與美元掛鉤的穩定幣總供應量大幅增加，接近歷史新高。這一激增歸因於新代幣發行的激增，加劇了穩定幣市場內的競爭。

As of the latter part of last week, the total supply of USD-pegged stablecoins had reached $165 billion, marking the highest token level observed in nearly two years, as per The Block Data Dashboard. The burgeoning supply of stablecoins has been driven in part by the escalating market capitalization of Ethena's "synthetic dollar" or USDe stablecoin, which has recently stabilized around $2.4 billion.

根據 The Block Data Dashboard 的數據，截至上週下旬，與美元掛鉤的穩定幣總供應量已達到 1,650 億美元，創下近兩年來的最高水準。穩定幣供應量的迅速增長在一定程度上是由 Ethena 的「合成美元」或 USDe 穩定幣市值不斷上升推動的，該穩定幣最近穩定在 24 億美元左右。

This latest surge in supply on Thursday, amounting to $165 billion, represented the highest supply level since late June 2022, as indicated by The Block Data Dashboard. The previous all-time high for supply stood at over $180 billion.

根據 The Block Data Dashboard 的數據，週四的最新供應激增達到 1,650 億美元，代表了自 2022 年 6 月下旬以來的最高供應水準。之前的歷史最高供應量超過 1800 億美元。

Growing Market Share and Diversification

不斷增長的市場份額和多元化

The USD-pegged stablecoin market, which has long been dominated by Tether's USDT and Circle's USDC, is experiencing growth in both total supply and the number of options available. USDT maintains a commanding market share of approximately 70%, according to data from DeFiLlama.

與美元掛鉤的穩定幣市場長期以來一直由 Tether 的 USDT 和 Circle 的 USDC 主導，目前其總供應量和可用選擇權數量都在增加。根據 DeFiLlama 的數據，USDT 保持著約 70% 的主導市場份額。

In addition to Ethena's recent stablecoin launch over two months ago, PayPal, headquartered in Silicon Valley, introduced its own stablecoin in collaboration with Paxos in August 2023. Earlier this month, Ripple announced its intention to issue a USD-pegged stablecoin later in the year.

除了兩個多月前推出的Ethena 穩定幣之外，總部位於矽谷的PayPal 還在2023 年8 月與Paxos 合作推出了自己的穩定幣。與美元掛鉤的穩定幣。

At the time of its announcement, Ripple projected a rapid expansion of the stablecoin market in the coming years, forecasting a potential market size of $2.8 trillion by 2028.

Ripple 在宣布這一消息時預計穩定幣市場將在未來幾年快速擴張，預計到 2028 年潛在市場規模將達到 2.8 兆美元。