随着机构信心增强，11 月份稳定币交易量飙升 77.5%

受机构对数字资产行业信心增强的提振，11 月的市场活动刺激了稳定币交易量激增。

Stablecoins trading volume on centralized exchanges soared in November, surging by 77.5% to reach $1.81 trillion as of Nov. 25, according to a CCData report on Monday.

根据 CCData 周一的报告，11 月份中心化交易所的稳定币交易量飙升 77.5%，截至 11 月 25 日达到 1.81 万亿美元。

The growth in stablecoins trading comes amid a broader uptick in market activity, with total trading volumes on centralized exchanges set to hit a yearly high in November.

稳定币交易的增长是在市场活动广泛增加的背景下实现的，中心化交易所的总交易量将在 11 月份创下年度新高。

Continuing a fourteen-month upward trend, the total stablecoin market capitalization rose by 9.94% in November, reaching $190 billion and surpassing the previous all-time high of $188 billion from April 2022, prior to the collapse of TerraUSD.

稳定币总市值延续了十四个月的上升趋势，11 月份增长了 9.94%，达到 1900 亿美元，超过了 TerraUSD 崩盘前 2022 年 4 月以来的历史最高点 1880 亿美元。

Despite this growth, market dominance dropped to 5.54% from 7.22% in October, as investors and traders increased diversification on Bitcoin (BTC) and altcoins.

尽管出现这种增长，但随着投资者和交易者增加比特币 (BTC) 和山寨币的多元化，市场主导地位从 10 月份的 7.22% 下降至 5.54%。

Tether (USDT) continues to show a strong performance, growing its market capitalization by 10.5% to $133 billion. The stablecoin accounts for 69.9% of the overall market, followed by Circle’s USD Coin (USDC), which expanded its market cap by 12.1% to $38.9 billion in November — its highest level since February 2023.

Tether (USDT) 继续表现强劲，市值增长 10.5% 至 1,330 亿美元。该稳定币占整体市场的 69.9%，其次是 Circle 的美元代币 (USDC)，其市值在 11 月份扩大了 12.1% 至 389 亿美元，这是自 2023 年 2 月以来的最高水平。

Ethena Labs’ USDe (USDE) also shows growth in performance, posting a 42.2% rise in market capitalization to $3.86 billion. “The surge in demand for the stablecoin can be attributed to heightened interest in the Ethena ecosystem after its proposal to activate revenue share for Ethena (ENA) tokenholders,” notes the report.

Ethena Labs 的 USDe (USDE) 也表现出业绩增长，市值增长 42.2% 至 38.6 亿美元。报告指出：“对稳定币的需求激增可归因于 Ethena 生态系统提议激活 Ethena (ENA) 代币持有者的收入分成后，人们对 Ethena 生态系统的兴趣增强。”

The USDe stablecoin was launched in February and currently offers an APY of 21.2%, down from a high of 55.9% in March, according to CCData.

据 CCData 称，USDe 稳定币于 2 月份推出，目前年化收益率为 21.2%，低于 3 月份 55.9% 的高位。

On the other hand, First Digital USD (FDUSD) and Sky Dollar (USDS) — formerly Dai (DAI) — recorded the most significant declines among the top ten stablecoins in November. FDUSD’s market capitalization fell by 14.9% to $1.90 billion, while USDS dropped by 8.34% to $950 million during the month.

另一方面，First Digital USD (FDUSD) 和 Sky Dollar (USDS)（前身为 Dai (DAI)）在 11 月份十大稳定币中跌幅最为显着。 FDUSD 市值下降 14.9%，至 19 亿美元，而 USDS 本月市值下降 8.34%，至 9.5 亿美元。