加密货币投资者越来越多地将资本转移到Stablecoins和令牌化现实世界中的资产（RWAS）

RWA全球市场仪表板。资料来源：rwa.xyz一些行业观察家说，比特币缺乏上升势头可能会使RWAS达到500亿美元

Cryptocurrency investors are increasingly moving capital into stablecoins and tokenized real-world assets (RWAs) in a bid to avoid volatility ahead of US President Donald Trump’s widely anticipated tariff announcement on April 2.

加密货币投资者越来越多地将资本转移到Stablecoins和令牌现实世界中的资产（RWAS），以避免在美国总统唐纳德·特朗普（Donald Trump）4月2日广泛预期的关税宣布之前避免波动。

According to crypto intelligence platform IntoTheBlock, stablecoins and the real-world asset (RWA) tokenization sector saw an inflow of capital in the first quarter of 2024.

据加密智能平台Intotheblock，Stablecoins和Real-World Asset（RWA）令牌化行业的说法，在2024年第一季度，资本流入了资金。

“Stablecoins and RWAs continue to see steady inflows of capital as safe havens in the current uncertain market,” IntoTheBlock wrote in a March 31 X post.

Intotheblock在3月31日X帖子中写道：“ Stablecoins和RWA继续将资本的稳定流入视为当前不确定市场的避风港。”

“However, because these assets reside on-chain, even slight shifts in sentiment can trigger significant price movements, driven by the lower barriers to reallocating capital in real time,” the firm noted.

该公司指出：“但是，由于这些资产居住在链上，即使是情感的轻微转变也会引起重大的价格变动，这是由于实时重新分配资本的较低障碍所驱动的。”

Stablecoins, total market cap. Source: IntoTheBlock

Stablecoins，总市值。来源：intotheblock

The flight to safety is mainly attributed to geopolitical tensions and global trade concerns, according to Juan Pellicer, senior research analyst at IntoTheBlock:

Intotheblock高级研究分析师Juan Pellicer表示，飞往安全的航班主要归因于地缘政治紧张局势和全球贸易问题：

“This is not unreasonable, as even though global growth forecasts remain positive, growth expectations have decreased globally in recent months,” Pellicer added.

Pellicer补充说：“这并不是不合理的，因为尽管全球增长预测仍然是积极的，但最近几个月在全球范围内，增长预期也有所下降。”

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The prospect of a global trade war has heightened inflation-related concerns, causing a significant decline in both cryptocurrency and traditional equity markets.

全球贸易战的前景增加了与通货膨胀有关的问题，导致加密货币和传统股票市场的大幅下降。

S&P 500, BTC/USD, 1-day chart. Source: TradingView

标准普尔500指数，BTC/USD，1天图表。资料来源：TradingView

Bitcoin (BTC) has fallen 19% and the S&P 500 (SPX) index has fallen over 7% in the two months since Trump announced import tariffs on Chinese goods on Jan. 20, the day of his inauguration as president.

自从特朗普于1月20日（即担任总统就职日）宣布对中国商品的进口关税以来的两个月，比特币（BTC）下跌了19％，标准普尔500指数（SPX）指数下跌了7％。

The April 2 announcement is expected to announce reciprocal trade tariffs targeting top US trading partners. The measures aim to reduce the country’s estimated $1.2 trillion goods trade deficit and boost domestic manufacturing.

预计4月2日的公告将宣布针对美国顶级贸易伙伴的互惠贸易关税。这些措施旨在减少该国估计的1.2万亿美元商品贸易赤字并促进国内制造业。

Related: Stablecoin rules needed in US before crypto tax reform, experts say

相关：专家说

Investor sentiment pressured by April 2 Trump tariff announcement

4月2日特朗普关税宣布的投资者情绪

Global tariff fears and uncertainty around the upcoming announcement continue to pressure investor sentiment in global markets.

围绕即将发布的公告的全球关税担心和不确定性继续向全球市场上的投资者情绪施加压力。

“Risk appetite remains muted amid tariff threats from President Trump and ongoing macro uncertainty,” Iliya Kalchev, dispatch analyst at digital asset investment platform Nexo, told Cointelegraph.

数字资产投资平台Nexo的调度分析师Iliya Kalchev告诉Cointelegraph，“风险食欲仍然存在于特朗普总统和持续的宏观不确定性的关税威胁和持续的宏观不确定性。”

Meanwhile, RWAs reached a new cumulative all-time high of over $17 billion on Feb. 3, and are currently less than 0.5% away from surpassing the $20 billion milestone, according to data from RWA.xyz.

同时，根据RWA.xyz的数据，RWA在2月3日达到了新的累计历史最高高点，超过170亿美元，目前距离超过200亿美元的里程碑率不到0.5％。

RWA global market dashboard. Source: RWA.xyz

RWA全球市场仪表板。资料来源：rwa.xyz

Some industry watchers said that Bitcoin’s lack of upside momentum may drive RWAs to a $50 billion all-time high before the end of 2025, as their increased liquidity will help RWAs attract a significant share of the $450 trillion global asset market.

一些行业观察家说，比特币缺乏上升势头可能会在2025年底之前将RWA带到500亿美元的历史最高水平，因为它们的流动性增加将有助于RWAS吸引450万亿美元的全球资产市场中的很大一部分。

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