稳定币飙升至历史新高，Tether 保持市场主导地位

稳定币市场正在复苏，与美元挂钩的稳定币总供应量达到 1650 亿美元的历史新高。 Tether 以 70% 的市场份额保持着主导地位，而来自 Ethena 的 USDe 和 Ripple 即将推出的稳定币等新进入者则进一步推动了这一不断增长的格局。预计到 2028 年，整体市场将达到 2.8 万亿美元，显示出强劲的增长潜力。

Stablecoins Surge to Record Highs, Tether Dominates Market

稳定币飙升至历史新高，Tether 主导市场

The total supply of stablecoins, cryptocurrencies pegged to fiat currencies such as the US dollar, has soared to a new all-time high of over $180 billion, surpassing its previous peak set in May 2022. This surge in stablecoins coincides with increasing competition and the issuance of new tokens.

稳定币（与美元等法定货币挂钩的加密货币）的总供应量已飙升至超过 1800 亿美元的历史新高，超过了 2022 年 5 月创下的峰值。稳定币的激增与竞争的加剧和发行新代币。

According to The Block Data Dashboard, the total supply of USD-pegged stablecoins alone reached $165 billion at the end of last week, the highest level in over two years. This growth has been fueled by the recent surge in value of Ethena's "synthetic dollar," or USDe stablecoin, which has reached a market capitalization of over $2.4 billion.

根据 The Block Data Dashboard 的数据，截至上周末，仅与美元挂钩的稳定币总供应量就达到 1650 亿美元，这是两年多来的最高水平。这一增长是由近期 Ethena 的“合成美元”（USDe 稳定币）价值飙升推动的，该稳定币的市值已超过 24 亿美元。

Tether Maintains Dominant Market Position

Tether 保持市场主导地位

Tether, the largest stablecoin issuer, continues to dominate the market with a commanding 70% share, according to data from DeFiLlama. Tether's USDT stablecoin has been around since 2014 and has consistently maintained its position as the market leader. Circle's USDC stablecoin ranks second with a market share of approximately 28%.

根据 DeFiLlama 的数据，最大的稳定币发行商 Tether 以 70% 的份额继续主导市场。 Tether 的 USDT 稳定币自 2014 年以来一直保持着市场领导者的地位。 Circle 的 USDC 稳定币排名第二，市场份额约为 28%。

New Entrants Shake Up Stablecoin Landscape

新进入者改变了稳定币格局

Despite Tether's dominance, new entrants are emerging to challenge the status quo. In August 2023, Silicon Valley-based PayPal launched its own stablecoin in partnership with Paxos. Ethena also recently introduced a new stablecoin, while Ripple has announced plans to launch a USD-pegged stablecoin later this year.

尽管 Tether 占据主导地位，但新进入者正在不断涌现，挑战现状。 2023 年 8 月，总部位于硅谷的 PayPal 与 Paxos 合作推出了自己的稳定币。 Ethena 最近还推出了一种新的稳定币，而 Ripple 则宣布计划在今年晚些时候推出与美元挂钩的稳定币。

Ripple predicts that the overall stablecoin market will experience exponential growth over the next several years, reaching a staggering $2.8 trillion by 2028. This projection is based on the increasing adoption of stablecoins for payments, remittances, and other financial transactions.

Ripple 预测，整个稳定币市场将在未来几年经历指数级增长，到 2028 年将达到惊人的 2.8 万亿美元。这一预测是基于稳定币越来越多地用于支付、汇款和其他金融交易。

Conclusion

结论

The surge in stablecoin supply and the emergence of new issuers indicate the growing maturity and acceptance of stablecoins in the cryptocurrency ecosystem. Tether remains the dominant market leader, but new players are entering the space, creating a more competitive and diverse landscape. The projected growth of the stablecoin market in the coming years suggests that these digital assets will continue to play a significant role in the financial world.

稳定币供应量的激增和新发行人的出现表明加密货币生态系统中稳定币的成熟度和接受度不断提高。 Tether 仍然是市场的主导者，但新的参与者正在进入该领域，创造了一个更具竞争力和多样化的格局。未来几年稳定币市场的预计增长表明这些数字资产将继续在金融界发挥重要作用。