“摩根大通预测产生稳定的人可能会占据市场份额的50％”

“摩根大通分析师正在预测屈服的稳定行业的显着增长，包括与令牌化的美国财政部相关的行业”

JPMorgan analysts are predicting significant growth for the yielding stablecoin sector, with predictions that they could eventually make up 50% of the stablecoin market share.

摩根大通分析师正在预测，屈服稳定行业的显着增长，并预测他们最终可以占Stablecoin市场份额的50％。

Currently, yielding stablecoins account for only 6% of the overall stablecoin market cap, but analysts believe this could change dramatically in the near future, barring any major regulatory setbacks.

目前，生产Stablecoins仅占整个Stablecoin市值的6％，但分析师认为，在不久的将来，这可能会发生巨大变化，禁止任何重大的监管挫折。

The JPMorgan report, led by Managing Director Nikolaos Panigirtzoglou, delves into the rapid expansion of the yielding stablecoin sector, focusing on leading contenders such as Ethena's USDe, Sky Dollar's USDS, BlackRock's BUIDL, Usual Protocol's USD0, and Ondo Finance's USDY.

由董事总经理Nikolaos Panigirtzoglou领导的摩根大通报告深入研究了屈服的Stablecoin领域的快速扩展，重点是诸如Ethena的USDE，Sky Dollar's，BlackRock的Buidl Buidl，通常的Protoptions usd0，以及Ondo Finance的USDY等领先的竞争者。

Since the U.S. elections in November, these stablecoins have seen an impressive surge in market value. Their combined market cap has soared from approximately $4 billion to over $13 billion.

自11月美国大选以来，这些Stablecoins的市场价值令人印象深刻。他们的总市值从约40亿美元飙升至130亿美元以上。

This growth is attributed to several factors, including recent developments in regulatory approvals and increased market adoption of these assets.

这种增长归因于几个因素，包括最新的监管批准发展以及增加这些资产的市场采用。

One notable milestone is the U.S. Securities and Exchange Commission's (SEC) approval of Figure Markets' YLDS stablecoin, which is registered as a security. This paves the way for broader adoption of yielding assets, which provide interest or yield on the reserve assets backing them.

一个值得注意的里程碑是美国证券交易委员会（SEC）批准人物市场的YLDS StableCoin，该委员会被注册为安全。这为更广泛的收益资产铺平了道路，这些资产为支持它们的储备金提供了利息或收益。

In contrast, traditional stablecoins like Tether's USDT and Circle's USDC do not distribute yield to users, mainly because offering such a feature would reclassify them as securities, subjecting them to stricter compliance and regulatory supervision.

相比之下，像Tether的USDT和Circle的USDC这样的传统稳定者不会向用户分发收益，这主要是因为提供此类功能会将其重新分类为证券，使它们得到更严格的合规性和监管监督。

However, as more yielding stablecoins gain regulatory clarity and receive support from financial institutions, this segment of the market is expected to become a major player within the broader stablecoin ecosystem.

但是，随着越来越多的Stablecoins获得监管清晰度并获得金融机构的支持，预计该市场将成为更广泛的Stablecoin生态系统中的主要参与者。

This shift could have significant implications for the cryptocurrency industry, potentially reshaping the way digital currencies are used for both investment and transactional purposes in the evolving Web3 landscape.

这种转变可能会对加密货币行业产生重大影响，可能会重塑数字货币在不断发展的Web3景观中用于投资和交易目的的方式。