比特币的摇滚明星，但Stablecoins是美国的隐身工具，可锁定全球财务力量

截至2025年4月，加密市场的拥有约3万亿美元，比特币价格交易为83,487美元。然而，在嗡嗡声下

In the dynamic landscape of digital assets, Bitcoin has undeniably captured the limelight, with its April 2025 price at $83,487 and a peak of $108,000 in January 2025, reaching the apex of the crypto market.

在数字资产的动态景观中，比特币无可否认地捕捉到了众人瞩目的焦点，其2025年4月的价格为83,487美元，2025年1月的峰值达到了108,000美元，达到了加密货币市场的顶点。

However, while Bitcoin's price fluctuations and market dominance are widely discussed, another class of crypto tokens has been silently amassing an impressive market share—stablecoins.

但是，尽管广泛讨论了比特币的价格波动和市场优势，但另一类的加密代币一直在默默地积累了令人印象深刻的市场份额 - 稳定的。

Stablecoins, which maintain a stable value pegged to the U.S. dollar, have achieved a collective market cap of over $200 billion as of April 2025, in stark contrast to Bitcoin's price movements and market share.

截至2025年4月的稳定价值与美元保持稳定的价值超过2000亿美元，与比特币的价格变动和市场份额形成鲜明对比的是，稳定的价值超过2000亿美元。

This places them as a key factor in the U.S. strategy for maintaining financial power in a rapidly changing technological landscape.

这将它们作为美国在快速变化的技术格局中维持财务能力的战略的关键因素。

The Role of Stablecoins

Stablecoins的作用

Stablecoins, such as Tether (USDT) and USD Coin (USDC), are designed to keep their value stable in relation to fiat currencies, typically the dollar.

Stablecoins（例如Tether（USDT）和USD Coin（USDC））旨在保持其价值与法定货币（通常为美元）相对于菲亚特货币。

This characteristic contrasts with Bitcoin's price volatility, rendering stablecoins more useful for everyday transactions and less risky for merchants.

这种特征与比特币的价格波动形成了鲜明的对比，使稳定的人对日常交易更有用，而对商人的风险较小。

Their stability and utility have led to a surge in popularity among traders seeking a haven in the turbulent crypto market, further propelling the total market cap of stablecoins to over $200 billion by April 2025.

它们的稳定性和效用导致在动荡的加密市场中寻求避风港的贸易商中的流行激增，进一步推动了稳定的稳定市值到2025年4月，超过2000亿美元。

Moreover, in nations like Venezuela and Argentina, which have experienced severe inflation and currency devaluation, stablecoins have become an essential tool for citizens to retain savings and make daily purchases.

此外，在委内瑞拉和阿根廷等国家经历了严重的通货膨胀和货币贬值的国家，Stablecoins已成为公民保留储蓄并进行日常购买的重要工具。

As highlighted by Andreessen Horowitz, stablecoins facilitate nearly instantaneous and low-cost international transactions, in stark contrast to traditional methods, which involve high fees and multiple intermediaries.

正如安德烈·霍洛维茨（Andreessen Horowitz）所强调的那样，稳定剂促进了几乎瞬时和低成本的国际交易，与传统方法形成鲜明对比的是，涉及高费用和多个中介机构。

This real-world application underscores the potential of stablecoins to revolutionize the financial landscape.

这项现实世界的应用突显了稳定菌的潜力彻底改变金融景观。

The U.S. Government's Role

美国政府的角色

The U.S. government is keenly aware of the implications of stablecoins and is actively shaping the regulatory framework to promote their growth.

美国政府敏锐地意识到了稳定剂的含义，并正在积极塑造监管框架以促进其增长。

During an April 14, 2025, chat with Anthony Pompliano, Bo Hines, Executive Director of Digital Assets, hinted at the administration's strategy.

在2025年4月14日，与数字资产执行董事Bo Hines与Anthony Pompliano聊天，暗示了政府的战略。

Hines stated that stablecoins could be instrumental in sustaining the dollar's global hegemony, a point to which both parties in Congress seemed to be attentive.

Hines表示，Stablecoins可能有助于维持美元的全球霸权，这是国会双方似乎都注意到这一点。

This initiative is part of a broader effort by the Trump administration to quickly implement policies clarifying tokenization, staking, and other crypto domains, aiming to establish the U.S. as the preeminent global crypto hub.

这项倡议是特朗普政府更广泛努力的一部分，以迅速执行政策，以阐明令牌化，积分和其他加密货币领域，旨在将美国确立为全球杰出的全球加密枢纽中心。

The administration is focused on constructing rules and systems that would encourage the expansion of dollar-pegged stablecoins, especially in comparison to China's rapidly developing digital yuan.

政府专注于构建规则和系统，这些规则和制度将鼓励扩大美元的稳定稳定剂，尤其是与中国迅速发展的数字人民币相比。

This aligns with the International Monetary Fund (IMF), which, in a recent report, highlighted that stablecoins could slash remittance costs by 50%.

这与国际货币基金（IMF）一致，该基金在最近的一份报告中强调说，稳定币可能会将汇款成本削减50％。

Such a reduction would directly benefit migrants' wallets and heighten the dollar's influence in global trade, ultimately aiding the U.S. in maintaining its financial standing on the world stage.

这种减少将直接受益于移民的钱包，并增强美元在全球贸易中的影响力，最终帮助美国在世界舞台上保持其财务状况。

Bitcoin's price at the beginning of April 2025 was $83,487, having reached a peak of $108,000 in January 2025.

2025年4月初，比特币的价格为83,487美元，在2025年1月达到了108,000美元的高峰。

While Bitcoin has certainly captured attention with its wild price swings, it might not be the best bet for daily use, especially considering its high price point.

虽然比特币肯定会因其野生价格波动而引起了人们的关注，但它可能不是日常使用的最佳选择，尤其是考虑到其高价点。

In contrast, stablecoins, which are pegged to the U.S. dollar, offer stability and are valued at around $1, provide a more practical and cost-effective solution for everyday transactions.

相比之下，固定在美元固定的稳定币提供稳定性，价值约为1美元，为日常交易提供了更实际且具有成本效益的解决方案。

Stablecoins combine the swiftness of blockchain technology with the dependability of the dollar, rendering them ideal for seamless payments, as opposed to Bitcoin, which is more commonly held as an investment or store of value.

Stablecoins将区块链技术的迅速发展与美元的可靠性相结合，使它们非常适合无缝支付，而不是比特币，而比特币通常是作为价值的投资或存储。

This property of stablecoins is crucial for cross-border money transfers, which are typically slow and expensive with traditional banking methods, as the IMF in its 2024 report attests.

Stablecoins的这一属性对于跨境货币转移至关重要，通常使用传统的银行方式来缓慢且昂贵，就像IMF在2024年报告中所证明的那样。

This is where stablecoins come in, offering a more efficient and less costly alternative, especially for merchants and migrants sending money back home.

这是Stablecoins进来的地方，提供了更高效，更不昂贵的替代方案，尤其是对于商人和移民汇款回家。

The implications of this shift are significant, especially in the context of the U.S. government's active role in shaping the regulatory landscape for cryptocurrencies.

这一转变的含义是重要的，尤其是在美国政府在塑造加密货币的监管景观方面的积极作用的背景下。

With the administration aiming to position the U.S. as the leading global crypto hub, the focus on stablecoins appears to be a strategic move.

由于政府的目标是将美国定位为主要的全球加密枢心枢纽，因此对Stablecoins的关注似乎是一项战略举动。

The administration is cognizant of the issues surrounding Tether and the scrutiny it has faced regarding the adequacy of its reserves to fully back outstanding tokens.

政府意识到围绕林区的问题及其在储备中充分支持杰出令牌的适当性所面临的审查。

This lack of transparency has been a subject of contention among regulators. However, the U.S. is keenly aware of the need for a robust regulatory framework to foster trust and confidence in the cryptocurrency market.

这种缺乏透明度一直是监管机构中争论的主题。但是，美国敏锐地意识到需要建立强大的监管框架来促进对加密货币市场的信任和信心。