為什麼我對Stablecoin領域以及如何在這個市場上捕獲增長機會感到樂觀

Stablecoins表現出巨大的發展潛力，並有望將來成為萬億美元的市場。

A few months ago, the discussion in the cryptocurrency community was still focused on memecoins and celebrity coins, and many people were keen to speculate which coin to invest in next. However, now the focus has quietly shifted. Stablecoins and real world assets (RWA) have become the core topics of industry discussion.

幾個月前，加密貨幣社區的討論仍集中在成員和名人硬幣上，許多人熱衷於推測下一個投資的硬幣。但是，現在的重點已經悄悄地轉移了。 Stablecoins和現實世界資產（RWA）已成為行業討論的核心主題。

Stablecoins are showing great potential for development and are expected to become a trillion-dollar market in the future. In this article, I will share why I am optimistic about the stablecoin field and explore how to seize the growth opportunities in this market.

Stablecoins表現出巨大的發展潛力，並有望將來成為萬億美元的市場。在本文中，我將分享為什麼我對Stablecoin領域感到樂觀，並探索如何抓住這個市場的增長機會。

Why am I optimistic about stablecoins?

為什麼我對穩定幣感到樂觀？

Currently, the stablecoin field is welcoming a series of favorable factors:

目前，Stablecoin領域歡迎一系列有利的因素：

* A more friendly regulatory environment

*一個更友好的監管環境

The Trump administration plans to pass stablecoin-related legislation by August, hoping to further consolidate the dollar's global dominance. This will pave the way for the legalization and popularization of stablecoins.

特朗普政府計劃在八月之前通過與穩定相關的立法，希望進一步鞏固美元的全球統治地位。這將為Stablecoins的合法化和普及鋪平道路。

* Traditional financial giants enter the market

*傳統金融巨頭進入市場

Fidelity Investments, which manages $6 trillion in global assets, announced this week that it would launch its own stablecoin. This marks a significant recognition of this field by traditional financial institutions and also injects confidence into the stablecoin market.

Fidelity Investments管理著6萬億美元的全球資產，本周宣布將推出自己的Stablecoin。這標誌著傳統金融機構對這一領域的重大認可，並向穩定市場注入信心。

* High-yield stablecoin products

*高收益Stablecoin產品

Some interest-bearing stablecoins offer attractive annualized yields of 20%-30% through decentralized applications (dApps). These products not only attract crypto investors, but also begin to attract attention from the traditional financial sector.

通過分散申請（DAPPS），一些帶有利息的穩定的穩定劑提供20％-30％的有吸引力的年化收益率。這些產品不僅吸引了加密投資者，而且還開始引起傳統金融領域的關注。

In addition, the advantages of stablecoins are particularly significant in the field of cross-border payments. The international transfer fees of traditional payment companies are high, but when using stablecoins for payment, these fees are almost negligible. With the gradual implementation of stablecoin-friendly legislation in the United States, its popularity is expected to rise rapidly in the next few years.

此外，在跨境支付領域中，穩定的優勢尤其重要。傳統支付公司的國際轉讓費很高，但是在使用Stablecoins付款時，這些費用幾乎可以忽略不計。隨著在美國逐步實施穩定的立法，其受歡迎程度預計將在未來幾年內迅速增長。

How to seize the growth opportunities in the stablecoin market?

如何在Stablecoin市場抓住增長機會？

* Invest in stablecoin-related protocol tokens

*投資與Stablecoin相關的協議令牌

Although mainstream stablecoin issuers such as Circle and Tether have not yet provided direct investment channels to ordinary investors, stablecoin-related protocol tokens are still options worth paying attention to, such as Ethena ($ENA) and MakerDAO/Sky ($MKR). These protocols have attracted billions of dollars in total locked value (TVL) and are expected to benefit from the expansion of the stablecoin market.

儘管諸如Circle和Tether之類的主流Stablecoin發行人尚未向普通投資者提供直接投資渠道，但與StableCoin相關的協議令牌令牌仍然值得關注，例如Ethena（$ ENA）和Makerdao/Sky（$ MKR）。這些協議吸引了數十億美元的總鎖定價值（TVL），並有望從Stablecoin市場的擴展中受益。

However, it should be noted that both tokens have their own problems. Only 34% of $ENA tokens are currently in circulation, and a high inflation rate is expected in the future. MKR has basically stagnated in TVL growth in the past few years and has failed to benefit from the rapid growth of the stablecoin market. Despite this, on-chain data shows that "smart money" with market insight is increasing its holdings of ENA and MKR, indicating that these tokens may have relatively good performance in the future.

但是，應該指出的是，兩個令牌都有自己的問題。目前只有34％的$ ena代幣流通，並且預計將來會有高通貨膨脹率。在過去的幾年中，MKR基本上已經停滯在TVL增長中，並且未能從Stablecoin市場的快速增長中受益。儘管如此，鏈上的數據表明，帶有市場洞察力的“智能貨幣”正在增加其對ENA和MKR的持有，這表明這些令牌在將來的性能可能相對較好。

In addition, projects such as DeFi project AAVE and decentralized application Pendle may also benefit from the expansion of the stablecoin market. A large part of their TVL comes from stablecoins. If the supply of stablecoins continues to grow, the TVL, revenue and transaction fees of these protocols are also expected to increase simultaneously.

此外，諸如Defi Project AAVE和分散的應用程序Pendle之類的項目也可以從Stablecoin市場的擴展中受益。他們的TVL很大一部分來自Stablecoins。如果穩定幣的供應繼續增長，則預計這些協議的TVL，收入和交易費用也將同時增加。

* Participate in airdrops of stablecoin protocols that have not yet launched their tokens

*參與尚未啟動令牌的Stablecoin協議的空投

Many emerging stablecoin protocols have launched point reward programs to provide generous rewards to early users. Here are a few protocols worth noting and their strategies:

許多新興的Stablecoin協議已經啟動了點獎勵計劃，以向早期用戶提供慷慨的獎勵。這裡有一些值得注意的協議及其策略：

1. Resolv: A risk-neutral stablecoin with a dual-token model.

1。 resolv：帶有雙重模型的風險中立的穩定菌。

Resolv's stablecoin USR and vault token RLP constitute its dual token system. RLP, as the insurance token of USR, provides risk protection while providing users with higher rewards.

Resolv的Stablecoin USR和Vault代幣RLP構成了雙代幣系統。 RLP作為USR的保險令牌，在為用戶提供更高獎勵的同時提供了風險保護。

Users can convert USDC to USR through the Resolv app and deposit it into the HyperUSD vault. HyperUSD is a new type of vault that automatically optimizes the liquidity deployment of Hyperliquid DeFi. By depositing funds into the HyperUSD vault, users can receive 30x point rewards and additional points from the Hyperliquid ecosystem.

用戶可以通過Resolv應用程序將USDC轉換為USR，並將其存放到HyperUSD保管庫中。 HyperUSD是一種新型的保險庫，它會自動優化超流動性DEFI的流動性部署。通過將資金存入HyperUSD保管庫，用戶可以從超流利生態系統中獲得30倍的獎勵和其他點。

2. Level Finance: An interest-bearing stablecoin that supports DeFi native yields.

2。級別的融資：一種支持Defi天然產量的承擔利息的穩定菌。

Level Finance's stablecoin lvlUSD is backed by USDC and USDT, and these funds are automatically deposited into DeFi protocols such as AAVE to generate yield. Users can start earning yields after pledging lvlUSD to slvlUSD. For example, users can earn 14% annualized yield (APY) and 20x Level points by providing stablecoins to Pendle's slvlUSD liquidity pool.

Level Finance的Stablecoin LVLUSD得到了USDC和USDT的支持，這些資金會自動存放到Fefi協議中，例如產生收益率的AAVE。將LVLUSD保證為Slvlusd後，用戶可以開始賺取收益。例如，用戶可以通過為Pendle的Slvlusd流動性池提供穩定的年度收益率（APY）和20倍級別的積分。

Level Finance is backed by two well-known crypto venture capital firms, Dragonfly and Polychain, and is likely to issue tokens in the future.

Level Finance由兩家著名的加密風險投資公司（Dragonfly and Polychain）的支持，將來可能會發行代幣。

3. Coinshift: An on-chain treasury solution that delivers institutional-grade returns.

3. CoinShift：一個鏈庫庫解決方案，可提供機構級別的回報。

Its yield stablecoin csUSDL generates income through US Treasuries and cash equivalents. In just 4 months of listing, the supply of csUSDL

它的收益率CSUSDL通過美國國庫和現金等價物產生收入。在列出的短短4個月內，CSUSDL的供應