2025可以标志着加密货币的返回

随着传统市场在不确定性和反复无常的利率之间导航，金融机构似乎找到了新的指南针：数字资产。

The year 2025 could mark a pivotal turning point for cryptocurrency, as traditional markets flounder amidst uncertainty and volatile interest rates.

2025年可能标志着加密货币的关键转折点，因为传统市场在不确定性和波动利率的情况下比目鱼。

According to a recent joint study by Coinbase and EYPthenon, 83% of institutional investors plan to increase their crypto allocations by next year. This staggering statistic, while revealing a more nuanced story, underscores a deep transformation in investment strategies.

根据Coinbase和Eypthenon最近的一项联合研究，有83％的机构投资者计划在明年之前增加其加密货币分配。这种惊人的统计数据在揭示了一个更细微的故事的同时，强调了投资策略的深刻转变。

As reported by Benzinga, the study, titled "Institutions and Digital Assets: A New Era of Investing," surveyed 100 institutional investors managing a collective $3.9 trillion in assets.

正如本辛加（Benzinga）报道的那样，该研究的标题为“机构和数字资产：新的投资时代”，对100名管理集体资产的机构投资者进行了调查。

The study's findings highlight a significant shift in attitude among institutions toward crypto. While previous narratives often focused on the volatility of crypto, the study found that institutions are more interested in risk-adjusted returns and efficient portfolio construction.

该研究的发现凸显了机构对加密货币的态度发生了重大转变。尽管以前的叙述通常集中在加密的波动上，但研究发现机构对风险调整后的回报和有效的投资组合建设更感兴趣。

This thinking is largely driven by the low-yield environment and the threat of inflation, which traditional markets have yet to fully overcome.

这种思想在很大程度上是由低收益的环境和通货膨胀的威胁所驱动的，通货膨胀率尚未完全克服。

Enter crypto, offering a hedge against inflation and potential for outsized returns, albeit with greater risk.

输入加密货币，提供对冲通货膨胀和超大回报的潜力，尽管风险更大。

The study reports that 84% of institutions use or plan to use stablecoins, mainly for transactions, yield generation, cash management, or cross-border payments.

该研究报告说，有84％的机构使用或计划使用Stablecoins，主要用于交易，产量产生，现金管理或跨境支付。

On the other hand, only 24% of institutional investors are currently exploring decentralized finance, with nearly 75% planning to venture into it by 2026, attracted by derivatives, staking, or peer-to-peer lending.

另一方面，只有24％的机构投资者目前正在探索分散的财务，并计划到2026年将近75％的人冒险进入融资，并被衍生品，Sticking或Peer-to-Peer贷款吸引。

DeFi offers what traditional markets struggle to provide: granular returns, direct access to altcoins, and automation without intermediaries.

Defi提供了传统市场努力提供的东西：粒状回报，直接访问AltCoins以及没有中介机构的自动化。

Coinbase also notes a growing appetite for yield farming and structured products.

Coinbase还指出了对产量养殖和结构化产品的需求日益增长。

Institutions are no longer content to speculate; they are building active strategies, combining stablecoins for stability and DeFi for performance. It's an unprecedented hybridization, where risk is calculated in algorithms rather than credit spreads.

机构不再满足于推测；他们正在建立积极的策略，将稳定的稳定性结合起来，以稳定性和表现。这是一种前所未有的杂交，在算法而不是信用利差中计算风险。

The figures from Coinbase paint a strong trend: crypto is no longer a niche but an essential vehicle for diversification.

Coinbase的数字描绘了一个强烈的趋势：加密不再是利基市场，而是多元化的必不可少的工具。

Between the rise of altcoin ETFs, the gradual colonization of DeFi, and the rise of stablecoins, institutions are rewriting the rules with one goal: to capture returns in a changing economic landscape.

在Altcoin ETF的兴起，Defi的逐渐殖民化和Stablecoins的兴起之间，机构正在以一个目标重写规则：在不断变化的经济环境中捕获回报。