穩定幣市場飆升至 1,650 億美元，創 2021 年新高

隨著市場歡迎新代幣，與美元掛鉤的穩定幣總供應量已飆升至 1,650 億美元，創下兩年來新高。 Ethena 的穩定幣 USDe 在這一增長中發揮了作用，市值達到 24 億美元。

Stablecoin Market Surges to $165 Billion, Reaching Highest Level Since 2021

穩定幣市場飆升至 1,650 億美元，達到 2021 年以來的最高水平

The aggregate supply of USD-pegged stablecoins has ascended to an impressive $165 billion, marking a near two-year high amidst a notable influx of tokens into the market. This surge has intensified competition among various stablecoin providers.

與美元掛鉤的穩定幣的總供應量已升至令人印象深刻的 1,650 億美元，在大量代幣湧入市場的情況下創下近兩年來的新高。這種激增加劇了各種穩定幣提供者之間的競爭。

The substantial growth of stablecoins, which occurred last Thursday, signifies a remarkable resurgence in their supply since the end of June 2022. This resurgence has brought the market supply close to its previous all-time high of $180 billion.

上週四發生的穩定幣大幅成長，標誌著自 2022 年 6 月底以來其供應量顯著回升。

Despite the dominance of Tether's USDT and Circle's USDC, the stablecoin market continues to diversify with the entry of new contenders. According to data provided by DeFiLlama, USDT retains a commanding market share of approximately 70%.

儘管 Tether 的 USDT 和 Circle 的 USDC 佔據主導地位，但隨著新競爭者的進入，穩定幣市場繼續多元化。根據 DeFiLlama 提供的數據，USDT 保持著約 70% 的市場份額。

The recent emergence of Ethena's stablecoin, USDe, which was launched just over two months ago, has played a role in the market expansion. PayPal's collaboration with Paxos, announced in August 2023, for the introduction of its stablecoin has further contributed to the growing stablecoin landscape.

最近剛推出兩個多月的Ethena穩定幣USDe的出現，起到了市場擴張的作用。 PayPal 於 2023 年 8 月宣布與 Paxos 合作推出穩定幣，進一步促進了穩定幣格局的發展。

Ripple's recent announcement regarding its plans to launch a USD-pegged stablecoin further underscores the potential for market growth. Ripple projects that the total stablecoin market could escalate to an astounding $2.8 trillion by 2028.

Ripple 最近宣布計劃推出與美元掛鉤的穩定幣，進一步凸顯了市場成長的潛力。 Ripple 預計，到 2028 年，穩定幣市場總額可能會達到驚人的 2.8 兆美元。

The stablecoin market's expansion can primarily be attributed to their increased adoption in decentralized finance (DeFi), remittances, and as a store of value during periods of market volatility. Their stability, pegged to the US dollar, makes them an attractive alternative to highly volatile cryptocurrencies.

穩定幣市場的擴張主要歸因於其在去中心化金融（DeFi）、匯款以及市場波動期間作為價值儲存手段的廣泛採用。它們與美元掛鉤的穩定性使其成為高度波動的加密貨幣的有吸引力的替代品。

As the stablecoin market continues to evolve, it is expected to face regulatory scrutiny and oversight. Regulators worldwide are examining the potential risks associated with stablecoins, particularly those related to their issuance and redemption mechanisms, and their ability to impact financial stability.

隨著穩定幣市場的不斷發展，預計將面臨監管審查和監督。世界各地的監管機構正在審查與穩定幣相關的潛在風險，特別是與其發行和贖回機制及其影響金融穩定的能力相關的風險。

Despite these regulatory challenges, the stablecoin market is poised for significant growth in the coming years. Their versatility, combined with the increasing demand for digital assets, suggests that stablecoins will continue to play a pivotal role in the wider cryptocurrency ecosystem.

儘管存在這些監管挑戰，穩定幣市場仍有望在未來幾年實現顯著成長。它們的多功能性，加上對數位資產不斷增長的需求，表明穩定幣將繼續在更廣泛的加密貨幣生態系統中發揮關鍵作用。