加密的演變：ETF，穩定幣和主流接管

探索加密貨幣的最新趨勢：ETF擴展，穩定的採用和監管轉變。加密終於終於成為主流嗎？

Crypto's Evolution: ETFs, Stablecoins, and the Mainstream Takeover

加密的演變：ETF，穩定幣和主流接管

The world of crypto is rapidly evolving, with ETFs, stablecoins, and regulatory changes paving the way for mainstream adoption. It's like crypto is finally dressing up and joining the grown-up financial world! Let's dive into the exciting developments.

加密貨幣世界正在迅速發展，ETF，穩定菌和監管變化為主流採用鋪平了道路。就像加密貨幣終於打扮並加入了成年的金融界！讓我們深入了解令人興奮的發展。

ETFs: Crypto's Ticket to Wall Street

ETF：加密貨幣的票

Remember when buying crypto felt like navigating a secret underground club? Those days are fading fast. The SEC is working with exchanges to create generic listing standards for crypto ETFs, mirroring those for gold and oil. As Canary Capital CEO Stephen McClurg points out, everyday investors can soon access crypto through their brokerage accounts. No more confusing wallets or obscure exchanges—it's about to be as easy as buying SPY. Talk about convenience!

還記得購買加密貨幣時感覺像是在秘密地下俱樂部導航嗎？那些日子正在快速消失。 SEC正在使用交流，以創建加密ETF的通用清單標準，以黃金和石油為代表。正如Canary Capital首席執行官Stephen McClurg指出的那樣，日常投資者可以很快通過其經紀帳戶訪問加密貨幣。沒有更多令人困惑的錢包或晦澀的交流 - 它將像購買間諜一樣容易。談論便利！

Bitcoin: Still a Rocket Ship?

比特幣：仍然是火箭船嗎？

Bitcoin's performance is nothing short of impressive, with over 150% gains in the past year. McClurg notes that while it moves with equities, its higher beta means outsized returns. Bitcoin is behaving more like a turbocharged risk asset, delivering bigger swings. So, buckle up!

比特幣的表現令人印象深刻，過去一年的增長超過150％。 McClurg指出，儘管它隨股票而移動，但其較高的beta意味著巨大的回報。比特幣的行為更像是渦輪增壓風險資產，可以提供更大的波動。所以，搭扣！

Stablecoins: The New Money Market Funds?

Stablecoins：新的貨幣市場資金？

Stablecoins are quietly morphing into the digital equivalent of money market funds. McClurg compares them to Venmo, where dollars are used to purchase short-term treasuries. However, he cautions that not all stablecoins are created equal. Safe options like Tether and Circle’s USDC are backed by “plain vanilla” Treasuries, while riskier ones can hold volatile assets. The key takeaway? Do your homework before chasing yield!

Stablecoins悄悄地變成了貨幣市場基金的數字等效。 McClurg將它們與Venmo進行了比較，該美元用於購買短期國庫。但是，他警告說，並非所有的穩定劑都是平等的。諸如Tether和Circle的USDC之類的安全選擇都以“普通香草”國庫為後盾，而風險更高的國庫可以容納揮發性資產。關鍵要點？追逐收益率之前做功課！

Visa's Bold Move: Embracing Stablecoins

簽證的大膽舉動：擁抱穩定的

Visa is making significant strides in the stablecoin arena, expanding its settlement platform to include Global Dollar (USDG), PayPal USD (PYUSD), and the euro-backed EURC stablecoin. They're also supporting multiple blockchains like Stellar and Avalanche, in addition to Ethereum and Solana. This move highlights Visa’s commitment to building a multi-coin and multi-chain foundation to meet the evolving needs of its global partners.

Visa在Stablecoin Arena中取得了長足的進步，將其和解平台擴展到包括全球美元（USDG），PayPal USD（PYUSD）和EURO BASDEUR EURC Stablecoin。除了以太坊和Solana外，他們還支持多個區塊鏈，例如Stellar和Avalanche。此舉強調了Visa致力於建立多捲和多鏈基礎，以滿足其全球合作夥伴不斷發展的需求。

The Regulatory Landscape: Navigating the Future

監管格局：導航未來

The GENIUS Act, signed into law this summer, lays down the first U.S. federal framework for digital assets, especially stablecoins. While the risk of a digital replay of 2008’s money market meltdown exists, regulation is key. U.S.-regulated stablecoins now have guardrails, while offshore tokens remain a potential minefield. Japan is also evolving its regulatory framework, potentially accelerating the launch of new crypto products and investments.

今年夏天簽署法律的《天才法》奠定了美國第一個用於數字資產的聯邦聯邦框架，尤其是Stablecoins。儘管存在2008年貨幣市場崩潰的數字重播風險，但監管是關鍵。現在，受美國監管的穩定幣具有護欄，而離岸令牌仍然是潛在的雷區。日本還在不斷發展其監管框架，有可能加速新的加密產品和投資的推出。

Ripple's XRP and the ETF Hype

Ripple的XRP和ETF炒作

SBI Holdings is pushing for the launch of XRP-linked crypto ETFs in Japan, potentially listing them on the Tokyo Stock Exchange. These ETFs could offer both institutional and retail investors access to regulated crypto investment products. SBI is also integrating Ripple’s USD-backed stablecoin, RLUSD, on its platform, SBI VC Trade. This growing partnership aims to broaden the use of XRP for cross-border payments and stablecoin adoption.

SBI Holdings正在推動在日本推出XRP鏈接的加密ETF，並有可能將其列入東京證券交易所。這些ETF可以為機構和零售投資者提供對受監管的加密投資產品的訪問權限。 SBI還將Ripple的USD支持的Stablecoin Rlusd集成到其平台SBI VC Trade。這種日益增長的伙伴關係旨在擴大XRP用於跨境支付和採用Stablecoin的使用。

The Bottom Line

底線

Crypto is no longer a fringe experiment; it’s entering the mainstream. With ETFs simplifying access, stablecoins offering new avenues for yield, and regulatory frameworks providing clarity, the stage is set for broader adoption. As McClurg puts it, everyday investors are about to step into the crypto fast lane—whether they know it or not.

加密不再是一個邊緣實驗。它進入主流。通過簡化訪問權限的ETF，Stablecoins提供了新的產量途徑，並提供了清晰的監管框架，該階段旨在更廣泛的採用。正如麥克盧格（McClurg）所說的那樣，每天的投資者都將進入加密貨幣快車道 - 無論他們知道與否。

So, what’s next? Keep an eye on regulatory developments, do your research on stablecoins, and maybe, just maybe, consider adding a little crypto to your portfolio. After all, who wants to be left behind when the rocket ship takes off?

那麼，下一步是什麼？請密切關注監管發展，對Stablecoins進行研究，也許，也許考慮在您的投資組合中增加一些加密貨幣。畢竟，當火箭船起飛時，誰想被拋在後面？