AXCNH，Stablecoins和市場控制：一個新時代？

探索AXCNH的崛起，Stablecoin市場的動態以及中國挑戰全球貿易中的統治地位的雄心。

AxCNH, Stablecoins, and Market Control: A New Era?

AXCNH，Stablecoins和市場控制：一個新時代？

The stablecoin market is heating up! With China entering the arena via Hong Kong with AxCNH, a yuan-pegged stablecoin, the landscape is shifting. Let's dive into what this means for market control.

Stablecoin市場正在加熱！隨著中國與香港的競技場，帶有元牢房的穩定穩定性，景觀正在變化。讓我們深入了解這對市場控制意味著什麼。

AxCNH: China's Stablecoin Play

AXCNH：中國的Stablecoin Play

AxCNH, the first stablecoin pegged to the offshore Chinese yuan (CNH), launched by AnchorX, signals China's renewed interest in the crypto space, despite previous bans. Licensed by Kazakhstan's Astana Financial Services Authority (AFSA), AxCNH aims to facilitate cross-border transactions, particularly within China's Belt and Road Initiative (BRI).

AXCNH是由Anchorx發起的第一個固定的與近海中國人民幣（CNH）固定的，這標誌著中國對加密貨幣空間的重新興趣，儘管以前禁令。 AXCNH獲得了哈薩克斯坦阿斯塔納金融服務局（AFSA）的許可，旨在促進跨境交易，尤其是在中國的腰帶和道路倡議（BRI）內。

Partnerships with major firms like Lenovo and Zoomlion highlight AxCNH's ambition to streamline payments and tokenize real-world assets, challenging the dominance of U.S. dollar-backed stablecoins in global trade.

與聯想和Zoomlion這樣的主要公司的合作夥伴關係強調了AXCNH簡化付款和代幣化現實世界的雄心，這挑戰了美元支持的Stablecoins在全球貿易中的統治地位。

The Stablecoin Market Heats Up

Stablecoin市場升溫

The stablecoin market is booming, valued at nearly $300 billion and projected to reach $1 trillion by the end of 2026. While USDT and USDC currently lead, AxCNH offers a new diversification option. South Korea is also in the mix with KRW1, a won-pegged stablecoin, showing that the heat is on.

Stablecoin市場蓬勃發展，價值近3000億美元，預計到2026年底將達到1萬億美元。雖然USDT和USDC目前領先，但AXCNH提供了新的多元化選項。韓國還與贏得的stablecoin Krw1混合在一起，表明熱量已經亮起。

Challenges and Opportunities

挑戰和機遇

Despite the potential, AxCNH faces challenges. China’s strict capital controls, limited offshore CNH liquidity, and global regulatory skepticism could hinder adoption. Geopolitical tensions may also complicate its acceptance outside Asia, where U.S. dollar-backed stablecoins remain strong.

儘管有潛力，AXCNH仍面臨挑戰。中國嚴格的資本管制，有限的海上CNH流動性以及全球監管懷疑主義可能會阻礙採用。地緣政治緊張局勢也可能使其在亞洲以外的接受度變得複雜，在這裡，美元支持的穩定穩定仍然很大。

dForce's Bold Move

Dforce的大膽舉動

dForce, a DeFi platform, proposes integrating AxCNH to expand CNH yield opportunities and reshape global DeFi markets. This move positions dForce as an early supporter of CNH-based DeFi products, aiming to become the “Gateway to Compliant CNH Yield on Chain.”

DEFI平台DFORCE提議集成AXCNH，以擴大CNH收益機會並重塑全球Defi市場。此舉將DFORCE定位為基於CNH的Defi產品的早期支持者，旨在成為“鏈接上合規CNH產量的門戶”。

This integration offers new trading strategies and supports Conflux’s focus on China-facing and compliance-friendly use cases. However, it also presents risks like liquidity shortages, market volatility, and potential regulatory changes. dForce is using Pyth oracles for real-time CNH/USD exchange rates to mitigate technical issues.

該集成提供了新的交易策略，並支持Conflux對面向中國和合規性用例的關注。但是，它還帶來了風險，例如流動性短缺，市場波動和潛在的監管變化。 DFORCE正在使用Pyth Oracles實時CNH/USD匯率來減輕技術問題。

The Future of Stablecoins: Beyond the Dollar?

Stablecoins的未來：超越美元？

The rise of AxCNH and other stablecoins indicates a shift in the stablecoin landscape. While the U.S. dollar’s dominance won't vanish overnight, the increasing interest in alternatives like CNH suggests a more diversified future. Financial institutions and tech giants in the Chinese market are exploring similar projects, potentially leading to rapid market expansion.

AXCNH和其他Stablecoins的上升表明穩定景觀的變化。儘管美元的統治地位不會在一夜之間消失，但​​對CNH等替代方案的興趣日益提高，這表明了更加多樣化的未來。中國市場上的金融機構和科技巨頭正在探索類似的項目，可能導致市場迅速擴張。

Analysts predict the global stablecoin market could reach $3.7 trillion by 2030, with CNH stablecoins being among the fastest-growing segments. It's a bold claim, but the potential is there.

分析師預測，到2030年，全球Stablecoin市場可能會達到3.7萬億美元，而CNH Stablecoins是增長最快的細分市場之一。這是一個大膽的主張，但潛力存在。

Final Thoughts

最後的想法

The stablecoin market is evolving rapidly. With China's AxCNH entering the fray, we're seeing a potential challenge to the U.S. dollar's dominance. Will AxCNH succeed? Only time will tell. But one thing's for sure: the stablecoin race is on, and it's going to be an interesting ride. Keep your eyes peeled!

Stablecoin市場正在迅速發展。隨著中國的AXCNH進入競爭，我們看到了美元統治地位的潛在挑戰。 AXCNH會成功嗎？只有時間會證明。但是可以肯定的是：Stablecoin比賽正在進行中，這將是一個有趣的旅程。睜大眼睛！