Fidelity Investments正在準備發起自己的穩定幣，以與USDT和USDC競爭

Fidelity Investments是全球最大的資產管理公司之一，擁有5萬億美元的資產，他正準備通過推出自己的Stablecoin來加深其參與加密貨幣市場。

Fidelity Investments, one of the world’s largest asset management firms with $5 trillion in assets, is preparing to deepen its involvement in the crypto market by launching its own stablecoin.

Fidelity Investments是全球最大的資產管理公司之一，擁有5萬億美元的資產，他正準備通過推出自己的Stablecoin來加深其參與加密貨幣市場。

This move comes as the US government, under President Donald Trump, accelerates regulatory reforms in the crypto industry. These changes are creating favorable conditions for traditional financial institutions to enter the space.

這一舉動是因為美國政府在唐納德·特朗普（Donald Trump）總統的領導下加速了加密行業的監管改革。這些變化為傳統金融機構進入該空間創造了有利的條件。

What Is Fidelity’s Ambition Behind Its Stablecoin Plan?

富達在其穩定計劃背後的野心是什麼？

According to the Financial Times, Fidelity has already reached an advanced testing phase for its stablecoin. The company aims to use it as a form of “cash” for transactions in the crypto market.

根據《金融時報》的說法，富達已經達到了其穩定的高級測試階段。該公司的目標是將其用作加密市場交易的“現金”形式。

This strategy signals direct competition with leading stablecoins like USDT and USDC, which are known for their role in market liquidity.

該策略標誌著與USDT和USDC等領先的穩定幣的直接競爭，這些競爭以市場流動性而聞名。

Additionally, Fidelity’s stablecoin is likely designed to be pegged to the US dollar, maintaining a 1:1 reserve backed by US Treasury bonds—a model commonly used by existing major stablecoins.

此外，Fidelity的Stablecoin可能被設計為固定與美元掛鉤，維持由美國財政債券支持的1：1儲備，這是現有主要的Stablecoins常用的型號。

However, Fidelity’s ambitions go beyond just issuing a stablecoin. The company plans to integrate it with a broader asset tokenization strategy. Last weekend, Fidelity applied to launch a digital money market fund by May 2025. This move will put them in direct competition with industry giants like BlackRock and Franklin Templeton.

但是，富達的野心不僅僅是發出穩定的。該公司計劃將其與更廣泛的資產令牌化策略融合在一起。上週末，富達（Fidelity）申請在2025年5月之前啟動數字貨幣市場基金。此舉將使他們與貝萊德（Blackrock）和富蘭克林·鄧普頓（Franklin Templeton）等行業巨頭進行直接競爭。

Cynthia Lo (CC, Head of Digital Asset Management at Fidelity) is a strong believer in tokenization’s potential to transform finance. She envisions a future where digital assets can be seamlessly used as collateral to meet margin requirements in trading activities.

Cynthia Lo（CC，Fidelity的數字資產管理負責人）堅信令牌化轉變金融的潛力。她設想了一個未來，可以將數字資產無縫用作抵押品，以滿足交易活動的利潤要求。

The global stablecoin market is currently valued at $234 billion, and Fidelity is clearly aiming for a share of this rapidly growing sector.

全球Stablecoin市場目前的價值為2340億美元，Fidelity顯然旨在為這個快速發展的行業提供一部分。

Moreover, Fidelity has shown interest in cryptocurrency, particularly Bitcoin (BTC), for years. Back in January, Fidelity Digital Assets released its “2025 Look Ahead” report.

此外，多年來，富達對加密貨幣（尤其是比特幣（BTC））表現出了興趣。早在一月份，富達數字資產就發布了其“ 2025年的未來”報告。

The report suggests that Bitcoin is on the verge of mainstream adoption and reassures investors that they are “not too late” to join the market.

該報告表明，比特幣正處於主流採用的邊緣，並向投資者保證，他們“不太遲”加入市場。

Chris Kuiper, Director of Research at Fidelity Digital Assets, predicts that 2025 will mark a turning point. He expects digital assets to cross the threshold into mainstream acceptance, driven by the increasing adoption of crypto by nations and major corporations.

富達數字資產研究總監克里斯·庫珀（Chris Kuiper）預測，2025年將標誌著一個轉折點。他預計，由於國家和大型公司對加密貨幣的採用，數字資產將跨越主流接受。

Ranging from Bitcoin custody solutions to institutional investors since 2018, Fidelity has been a key player in the emerging field of institutional crypto services. This long-term vision for blockchain technology is evident in their strategic moves.

自2018年以來，從比特幣保管解決方案到機構投資者，富達一直是機構加密服務新興領域的關鍵人物。這種對區塊鏈技術的長期願景在其戰略舉動中顯而易見。

Stablecoin Race Is Heating Up

Stablecoin Race正在加熱

Major players are entering the fast-growing stablecoin market. Tether (USDT), the largest stablecoin, currently holds a $144 billion market capitalization, accounting for over 61% of the market, while Circle (USDC) continues to expand its influence.

主要參與者正在進入快速增長的Stablecoin市場。最大的Stablecoin Tether（USDT）目前擁有1440億美元的市值，佔市場的61％以上，而Circle（USDC）繼續擴大其影響力。

With new stablecoins emerging and competing to replace USDT and USDC, the race is intensifying. CZ, the former CEO of Binance, believes that competition will only make the market more dynamic.

隨著新的Stablecoins的出現並競爭取代了USDT和USDC，比賽正在加劇。 Binance的前首席執行官CZ認為，競爭只會使市場更具活力。

“No need to replace. The more, the merrier,” CZ, the former CEO of Binance, said in a recent tweet.

Binance前首席執行官CZ在最近的一條推文中說：“無需取代。

According to DefiLlama, the total stablecoin market capitalization had surged from $130 billion at the end of 2023 to over $200 billion by December 2024. Bitwise predicts this figure could reach $400 billion by the end of 2025.

根據Defillama的數據，Stablecoin的總市值從2023年底的1,300億美元飆升至2024年12月。到2025年底，Bitwise預測，這一數字可能會達到4000億美元。

In addition to crypto-native companies, traditional financial institutions and fintech firms are entering the market. Firms like PayPal (with PYUSD), Custodia Bank, and Vantage Bank are venturing into the stablecoin domain.

除了加密本地公司外，傳統的金融機構和金融科技公司也進入了市場。 PayPal（與Pyusd），Custodia Bank和Vantage Bank這樣的公司正在進入Stablecoin域。

Announced on March 25, World Liberty Financial, a project backed by the Trump family, is launching USD1 stablecoin. The project reportedly raised $550 million in just a few months.

3月25日，由特朗普家族支持的項目World Liberty Financial啟動了USD1 Stablecoin。據報導，該項目在短短幾個月內籌集了5.5億美元。