美國財政部 2024 年第四季報告強調區塊鏈技術創建新金融市場基礎設施​​的潛力

根據 Cointelegraph 報導，美國財政部 2024 年第四季報告強調了區塊鏈技術在創建新的金融市場基礎設施​​方面的潛力，並提高了營運和經濟效率。

The United States Department of the Treasury's Q4 2024 report highlights the potential of blockchain technology to create a new financial market infrastructure with enhanced operational and economic efficiencies.

美國財政部 2024 年第四季報告強調了區塊鏈技術在創建新的金融市場基礎設施​​方面的潛力，並提高了營運和經濟效率。

As part of its efforts to adapt to the rapidly evolving digital asset landscape, the US Treasury is considering tokenizing Treasury bills (T-Bills) on a permissioned blockchain. This move is driven by the increasing demand for short-dated Treasuries, fueled largely by the growth in stablecoins.

作為適應快速發展的數位資產格局的努力的一部分，美國財政部正在考慮在許可的區塊鏈上對國庫券（T-Bills）進行代幣化。這項舉措是由短期國債需求不斷增長推動的，而穩定幣的成長在很大程度上推動了這一趨勢。

According to the report, the tokenization of legacy assets, such as Treasury securities, could pave the way for a new financial market infrastructure with improved liquidity, transparency, and efficiency.

該報告稱，國債等傳統資產的代幣化可以為提高流動性、透明度和效率的新金融市場基礎設施​​鋪平道路。

To fully realize these benefits, the legal and regulatory landscape must evolve in parallel with advances in the tokenization of legacy assets. This includes the creation of clear and consistent regulatory frameworks for digital assets and the integration of blockchain technology into existing financial market structures.

為了充分實現這些好處，法律和監管環境必須與遺留資產代幣化的進步同步發展。這包括為數位資產創建清晰一致的監管框架，以及將區塊鏈技術整合到現有的金融市場結構中。

The report also emphasizes the potential benefits of distributed ledger technology (DLT) and smart contracts in Treasury market operations. Immutable ledgers could provide greater transparency, reducing opacity and offering regulators, issuers, and investors more real-time insight into trading activities.

該報告還強調了分散式帳本技術（DLT）和智慧合約在國債市場營運中的潛在好處。不可變的分類帳可以提供更大的透明度，減少不透明度，並為監管機構、發行人和投資者提供對交易活動的更即時的了解。

Additionally, smart contracts programmed into tokenized Treasuries could allow for more efficient collateral management, including pre-programmed collateral transfers. These advanced technologies have the capacity to enhance the overall efficiency and integrity of the Treasury market.

此外，編程到代幣化國庫券中的智能合約可以實現更有效的抵押品管理，包括預先編程的抵押品轉移。這些先進技術有能力提高國債市場的整體效率和完整性。

Stablecoins are increasing demand for short-term United States government bonds, known as Treasury bills (T-Bills). The growth in digital assets has created marginal incremental demand for short-dated Treasuries, primarily through the increased use and prevalence of stablecoins.

穩定幣正在增加對短期美國政府債券（即國庫券）的需求。數位資產的成長主要透過穩定幣的使用和普及增加，創造了對短期國債的邊際增量需求。

One committee member suggested that the US should create a permissioned blockchain for tokenizing short-dated T-Bills, to be approached cautiously and led by a trusted central authority with widespread private sector participation. Stablecoins, which are tokens pegged to the US dollar or other fiat currencies, are emerging as core infrastructure for trading and payments.

一位委員會成員建議，美國應該創建一個經過許可的區塊鏈，用於將短期國庫券代幣化，並由值得信賴的中央機構和私營部門廣泛參與的可信中央機構領導，並謹慎對待。穩定幣是與美元或其他法定貨幣掛鉤的代幣，正在成為交易和支付的核心基礎設施。

The total stablecoin market capitalization reached record highs in 2024, approaching $180 million, with Tether (USDT) dominating the market at $120 billion and Circle's USD Coin (USDC) following at approximately $35 billion. Tokenized real-world assets (RWAs), ranging from Treasury securities to artworks, represent a $30-trillion market opportunity globally, as noted by Colin Butler, Polygon's global head of institutional capital.

穩定幣總市值在 2024 年創下歷史新高，接近 1.8 億美元，其中 Tether (USDT) 以 1,200 億美元佔據市場主導地位，Circle 的美元硬幣 (USDC) 緊隨其後，約為 350 億美元。 Polygon 全球機構資本主管 Colin Butler 指出，從國債到藝術品的代幣化現實世界資產 (RWA) 代表著全球 30 兆美元的市場機會。