USDC 超越 Tether 領先穩定幣交易量

Visa數據顯示，Circle的USDC穩定幣在成交量上已超過Tether的USDT，成為2024年市場領導者。量的50%。

Circle's USDC Surges Ahead of Tether as Transaction Volume Leader

Circle 的 USDC 超越 Tether 成為交易量領先者

In a groundbreaking development, Circle Internet Financial's stablecoin, USDC, has dethroned Tether's USDT as the market leader in transaction volume, according to data meticulously compiled by Visa Inc. This seismic shift belies expectations and challenges the long-held dominance of USDT.

根據Visa Inc 精心編制的數據，Circle Internet Financial 的穩定幣USDC 取得了突破性的進展，取代了Tether 的USDT，成為交易量市場領導者。 。

Visa's meticulously crafted stablecoin metric, developed in collaboration with Allium Labs, endeavors to present an accurate representation of the stablecoin market, devoid of "potential distortions" stemming from inorganic activity and artificial inflationary practices. The recently launched dashboard on Visa's website transparently showcases this data.

Visa 與 Allium Labs 合作開發的精心設計的穩定幣指標，致力於準確反映穩定幣市場，避免因無機活動和人為通膨做法而產生的「潛在扭曲」。 Visa 網站上最近推出的儀表板透明地展示了這些數據。

The data unveils Circle's USDC aggressively capturing market share since the onset of 2024. Last week alone, USDC recorded a staggering $456 billion in transaction volume, dwarfing Tether's USDT, which managed only $89 billion. Moreover, USDC has commanded an impressive 50% of total transactions since January.

數據顯示，自 2024 年以來，Circle 的 USDC 積極搶佔市場份額。此外，自 1 月以來，USDC 已佔據總交易量的 50%，令人印象深刻。

Visa, which forged a strategic partnership with Circle in 2020, refrained from disclosing the factors driving the surge in USDC usage. However, industry experts speculate that differences in their respective use cases may hold the key.

Visa 於 2020 年與 Circle 建立了戰略合作夥伴關係，但沒有透露推動 USDC 使用量激增的因素。然而，行業專家推測，各自用例的差異可能是關鍵。

"While USDT enjoys wider acceptance outside the US as a dollar-based store of value, USDC finds greater utility within the US as a transaction currency," observed Noelle Acheson, the esteemed author of the "Crypto Is Macro Now" newsletter. This divergence could potentially account for the observed disparity in transaction volumes. Tether declined to provide an immediate response to a request for comment.

「雖然USDT 作為一種以美元為基礎的價值儲存手段在美國以外得到了更廣泛的接受，但USDC 在美國作為一種交易貨幣卻具有更大的效用，」《加密貨幣現在是宏觀的》時事通訊的受人尊敬的作者諾埃爾·艾奇遜(Noelle Acheson) 表示。這種差異可能是觀察到的交易量差異的原因。 Tether 拒絕立即回應置評請求。

Stablecoins, as their name suggests, are cryptocurrencies engineered to maintain a stable price relative to a fiat currency, often the US dollar. They serve as vital conduits for traders to seamlessly transfer funds into and out of tokenized assets. Additionally, they find widespread application in payments, particularly for cross-border remittances.

顧名思義，穩定幣是一種加密貨幣，旨在維持相對於法定貨幣（通常是美元）穩定的價格。它們是交易者將資金無縫轉入和轉出代幣化資產的重要管道。此外，它們在支付領域也有廣泛的應用，特別是跨國匯款。

While stablecoin transaction data is readily available on public blockchains, its interpretation poses challenges. As Cuy Sheffield, Visa's head of crypto, succinctly put it in a recent blog, "Stablecoins can be employed across a diverse range of use cases, with transactions initiated either manually by users or programmatically through bots."

雖然穩定幣交易數據在公共區塊鏈上很容易獲得，但其解釋卻帶來了挑戰。正如 Visa 加密貨幣業務主管 Cuy Sheffield 在最近的部落格中簡潔地指出的那樣，“穩定幣可以用於多種用例，交易可以由用戶手動啟動，也可以透過機器人以程式方式啟動。”

When isolating transactions not associated with bots, the total transfer volume over the 30-day period preceding April 24 plummeted from a lofty $2.65 trillion to a more modest $265 billion.

當隔離與機器人無關的交易時，4 月 24 日之前 30 天內的總轉帳量從高達 2.65 兆美元暴跌至較為溫和的 2,650 億美元。

These findings emerge in the wake of Circle's involvement in the US banking crisis of last year. In December 2023, the value of USDC in circulation plunged from $56 billion to a mere $23 billion, following Circle's disclosure of a significant $3.3 billion exposure to Silicon Valley Bank, the ill-fated lender. Data from DefiLlama indicates a subsequent recovery, with the value of USDC in circulation rebounding to $32.8 billion as of today.

這些調查結果是在 Circle 捲入去年的美國銀行業危機之後出現的。 2023 年 12 月，Circle 揭露了對矽谷銀行（這家命運多舛的銀行）的 33 億美元敞口，之後 USDC 的流通價值從 560 億美元暴跌至 230 億美元。 DefiLlama 的數據顯示隨後的復甦，截至今天，USDC 的流通價值反彈至 328 億美元。

The ascendancy of USDC as the transaction volume leader is a testament to its growing acceptance and utility in the digital asset ecosystem. As the industry continues to evolve, it remains to be seen whether this shift will endure or if USDT will reclaim its former dominance. Nevertheless, these findings underscore the dynamic nature of the stablecoin landscape and the potential for challengers to disrupt the established order.

USDC 作為交易量領導者的崛起證明了其在數位資產生態系統中日益增長的接受度和實用性。隨著行業的不斷發展，這種轉變是否會持續下去，或者 USDT 是否會恢復以前的主導地位，還有待觀察。儘管如此，這些發現強調了穩定幣格局的動態性質以及挑戰者破壞既定秩序的潛力。