云母法规推动了USDC的增长

推动USDC增长的关键因素是监管环境。在欧洲，云母法规于2024年12月31日完全生效。

The U.S. regulatory environment has been a key factor driving the growth of USD coin (USDC), in stark contrast to the fate of Tether (USDT) in Europe.

美国监管环境一直是推动美元硬币（USDC）增长的关键因素，与欧洲的Tether（USDT）命运形成鲜明对比。

As MiCA regulations came into full effect in Europe on Dec. 31, 2024, Circle, the issuer of USDC, became the first stablecoin firm to comply, selecting France as its European headquarters. In December, Coinbase Europe delisted USDT from its platform due to Tether's lack of an e-money license, which several EU exchanges highlighted as users transitioned from USDT to USDC. Binance Europe also dropped USDT earlier this month.

随着云母法规在2024年12月31日在欧洲发挥了全面生效，USDC的发行人Circle成为第一家遵守的稳定公司，将法国选择为欧洲总部。 12月，Coinbase Europe由于缺乏电子货币许可而使USDT从其平台中脱颖而出，当用户从USDT过渡到USDC时，该欧盟的几次交换突出显示。欧洲二元欧洲也于本月初下跌。

After two years of discussions with regulators, Circle secured approval to operate in Japan. Circle Japan KK, a joint venture with SBI Holdings, will offer USDC, beginning with a listing on SBI VC Trade on March 26. Binance Japan and Bitbank are also expected to list USDC soon.

在与监管机构进行了两年的讨论之后，Circle获得了在日本运作的批准。与SBI Holdings的合资企业Circle Japan KK将于3月26日提供SBI VC交易的上市。日本和BitBank也有望很快上市。

Solana has played a crucial role in USDC's adoption. The total value of stablecoins on the network recently exceeded $10 billion, with USDC accounting for nearly 80%. Data from Artemis Analytics reveals that USDC's supply increased by $16.3 billion over the last three months, compared to USDT's addition of $4.4 billion to its supply.

Solana在USDC的采用中发挥了至关重要的作用。该网络上的Stablecoins的总价值最近超过100亿美元，USDC占近80％。 Artemis Analytics的数据显示，过去三个月中，USDC的供应量增加了163亿美元，而USDT向其供应增加了44亿美元。

Stablecoins overall have seen significant traction. According to a recent analysis by Autonomous Next, stablecoin transactions in 2024 surpassed those of Visa and Mastercard combined by nearly 8%. The total stablecoin supply grew by 59% over the year, exceeding $200 billion and pushing their share of the total U.S. dollar supply to 1%, up from 0.63% at the beginning of 2024.

整体稳定剂的牵引力很高。根据Autonomous的最新分析，2024年的Stablecoin交易超过了Visa和MasterCard的交易，总共近8％。一年中，Stablecoin的总供应量增长了59％，超过了2000亿美元，并将其在美元供应总额中的份额提高到1％，高于2024年初的0.63％。

Besides USDC and USDT, new stablecoins are emerging. PayPal's PYUSD and Ripple's RLUSD have launched as alternatives, and World Liberty Financial Inc. has introduced USD1, a stablecoin backed by U.S. Treasuries and cash deposits. Binance founder Changpeng Zhao responded to concerns about competition, stating that more stablecoins translate to more liquidity and higher investor demand.

除USDC和USDT外，新的Stablecoins正在出现。贝宝（Paypal）的Pyusd和Ripple的RLUSD已作为替代方案推出，世界自由金融公司（World Liberty Financial Inc.）推出了USD1，这是美国国债和现金存款支持的Stablecoin。 Binance创始人Changpeng Zhao对竞争的担忧做出了回应，并指出，更多的稳定者转化为更多的流动性和更高的投资者需求。