加密貨幣現在在全球經濟中發揮了雙重作用

該報告強調，近6000億美元的跨境加密交易記錄在2024年第2季度，大多數流動集中在比特幣，以太坊，USDT和USDC周圍。

Cryptocurrencies are now playing a dual role in the global economy—part speculative asset, part payment tool, according to a new analysis from the Bank for International Settlements (BIS).

根據國際定居銀行（BIS）的新分析，加密貨幣現在在全球經濟中發揮了雙重作用，部分投機資產，部分支付工具。

In Q2 2024 alone, nearly $600 billion in cross-border crypto transactions were recorded, the report notes, with the bulk of these flows concentrated around Bitcoin, Ethereum, USDT, and USDC.

報告指出，僅在2024年第2季度，就記錄了將近6000億美元的跨境加密交易，這些流量大部分集中在比特幣，以太坊，USDT和USDC周圍。

While there's been growing hype around crypto's increasing real-world utility, the BIS suggests speculative trading remains the primary driver behind these massive volumes.

儘管圍繞加密貨幣不斷增加的現實世界實用程序的炒作越來越大，但雙BIS表明投機性交易仍然是這些巨額銷量背後的主要驅動力。

Sharp movements in global funding conditions appear to be influencing crypto flows, highlighting how the asset class is becoming increasingly entangled with traditional financial markets.

全球資助條件下的急劇動作似乎正在影響加密流，這突出了資產類別如何越來越與傳統金融市場糾纏在一起。

But on the fringes of this speculative activity, utility use cases are emerging. In regions struggling with high inflation or steep remittance fees, stablecoins and small Bitcoin transfers are becoming viable alternatives to conventional banking systems.

但是，在這種投機活動的邊緣，效用用例案例正在出現。在高通貨膨脹或高額匯款費的地區，穩定的股幣和小型比特幣轉移已成為傳統銀行系統的可行替代品。

This analysis coincides with the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and major crypto exchange Coinbase (NASDAQ:COIN), which threatens to spill over and affect the global crypto landscape.

這項分析與美國證券交易委員會（SEC）和主要加密交易所Coinbase（NASDAQ：COIN）之間正在進行的法律鬥爭相吻合，該公司可能會溢出並影響全球加密貨幣景觀。

The SEC's actions have been a hot topic at the International Monetary Fund (IMF) meetings this week, with officials discussing the need for coordinated action to regulate crypto and mitigate risks to financial stability.

SEC的行動是本周國際貨幣基金會（IMF）會議上的熱門話題，官員們討論了對調節加密貨幣的協調行動的必要性，並減輕了金融穩定的風險。

As emerging markets, in particular, face the challenge of transferring funds quickly and efficiently across borders, crypto is presenting itself as a convenient solution, especially compared to the existing system of high cross-border bank transfer fees and slow processing times.

特別是，由於新興市場面臨跨境快速有效地轉移資金的挑戰，加密貨幣將自己作為便捷的解決方案，尤其是與現有的高跨境銀行轉移費用和緩慢處理時間的系統相比。

The U.S. and U.K. were the net users of both Bitcoin and USDC, while Turkey and Russia featured among the top users of USDT, according to the BIS data.

根據BIS數據，美國和英國都是比特幣和USDC的淨使用者，而土耳其和俄羅斯在USDT的頂級用戶中佔有一席之地。

As crypto continues to integrate further into the global financial system, the risks posed by volatility, investor behavior, and unregulated flows could have broader implications for financial stability, the report concludes.

報告總結說，隨著加密貨幣繼續進一步集成到全球金融體系中，波動性，投資者行為和不受管制的流動帶來的風險可能對金融穩定性產生更大的影響。