Stablecoin Market Mania：USDT，USDC和2500億美元的里程碑

深入進入Stablecoins的動態世界，USDT和USDC佔據主導地位，但創新卻盛行。探索承重的選擇，市場趨勢以及Crypto的基岩的下一步。

Stablecoin Market Mania: USDT, USDC, and the $250 Billion Milestone

Stablecoin Market Mania：USDT，USDC和2500億美元的里程碑

The stablecoin market is booming, with USDT and USDC leading the charge. From yield-bearing options to changing network dynamics, stablecoins are reshaping the crypto landscape. Buckle up!

Stablecoin市場正在蓬勃發展，USDT和USDC領導了這一指控。從屈服選擇到改變網絡動態，Stablecoins重塑了加密景觀。扣！

The Stablecoin Surge: A $250 Billion Party

Stablecoin激增：2500億美元的黨派

Hold on to your hats, folks! The stablecoin market has officially crossed the $250 billion mark. That's right, we're talking serious numbers. What was once a niche corner of the crypto world has exploded into a major force, providing liquidity and stability in the often-turbulent crypto seas. As of June 25, 2025, the total market cap hit $256.64 billion, accounting for a solid 7.80% of the entire crypto market.

抓住你的帽子，伙計們！ Stablecoin市場已正式超越了2500億美元的大關。沒錯，我們正在談論嚴重的數字。曾經是加密世界的一個利基角已經爆炸成一支主要力量，在經常繁華的加密海洋中提供了流動性和穩定性。截至2025年6月25日，總市值達到2566.4億美元，佔整個加密貨幣市場的7.80％。

USDT vs. USDC: The Titans Clash

USDT與USDC：Titans Clash

Let's talk about the big players. Tether (USDT) is still the king of the hill, boasting a market capitalization of $156.7 billion, which is about 62.21% of the total stablecoin market. Its daily trading volume is a mind-boggling $66 billion. USDT is everywhere, from crypto trading pairs to cross-border payments. It's the workhorse of the crypto economy.

讓我們來談談大型球員。 Tether（USDT）仍然是山的國王，擁有1567億美元的市值，約佔Stablecoin總市場的62.21％。它的日常交易量是令人難以置信的660億美元。 USDT無處不在，從加密交易對到跨境支付。這是加密經濟的主力。

But don't count out USD Coin (USDC) just yet. It's sitting comfortably in second place with a market cap of $61.7 billion and a daily trading volume of $10.2 billion. USDC is often seen as the more regulated and compliant option, backed by those fancy established financial institutions. It's a favorite in DeFi and among institutional investors. Circle, the company behind USDC, has seen its valuation skyrocket after listing on the NYSE, signaling a shift in investor perception of Circle-from a mere stablecoin issuer to a digital financial infrastructure giant. In less than a month, Circle’s market value reached Rp1,047 trillion (US$63.89 billion), surpassing the total supply of its own stablecoin, USD Coin

但是，還不要算出美元硬幣（USDC）。它舒適地排在第二位，市值為617億美元，每日交易量為1002億美元。 USDC通常被視為受到那些既定的金融機構的支持，是更受監管和合規的選擇。這是DEFI和機構投資者中的最愛。 USDC背後的公司Circle在紐約證券交易所（NYSE）上市後已經看到其估值飛漲，這表明投資者對Circle-from的看法的轉變僅僅是穩定的發行人到數字金融基礎設施巨頭。在不到一個月的時間內，Circle的市場價值達到1,047萬億盧比（638.9億美元），超過了自己的Stablecoin的總供應

Beyond the Giants: A Diverse Stablecoin Ecosystem

超越巨人：多元化的穩定生態系統

While USDT and USDC grab most of the headlines, there's a whole crew of other stablecoins making waves. USDe and DAI are worth mentioning, with market caps of $5.5 billion and $5.3 billion, respectively. DAI has a crazy high daily volume of $18.7 billion, showing it's actively being used. Then you have the up-and-comers like USD1, FDUSD, PYUSD, USDY, and USDO, all with market caps hovering around the billion-dollar mark.

雖然USDT和USDC抓住了大多數頭條新聞，但還有其他穩定的穩定者揮舞著。 USDE和DAI值得一提，市值分別為55億美元和53億美元。 Dai的每日瘋狂高量為187億美元，表明它正在積極使用。然後，您將擁有USD1，FDUSD，PYUSD，USDY和USDO之類的新興人物，所有這些都懸​​在了十億美元的商標附近。

Yield-Bearing Stablecoins: Earning While You Hodl

承重的穩定蛋白：賺錢時賺錢

One of the hottest trends in the stablecoin world is yield-bearing stablecoins. These bad boys let you earn passive income just by holding them. Ethena, a relative newcomer, has already amassed a supply of nearly $6 billion since its launch. It's a game-changer, proving that stablecoins can be more than just a store of value.

Stablecoin世界中最熱門的趨勢之一是承重穩定菌。這些壞男孩只能通過持有被動收入。相對新來的埃特納（Ethena）自推出以來，已經積累了近60億美元的供應。這是一個改變遊戲規則的人，證明了穩定的不僅僅是價值存儲。

Chain Reactions: How Stablecoins Behave on Different Blockchains

鏈反應：穩定菌在不同區塊鏈上的行為如何

Stablecoin usage varies across different blockchain networks. Take Base and Arbitrum, for example. Base, Coinbase's L2, has stablecoin supply levels that are consistently stable, while Arbitrum is showing early signs of a rebound. Both ecosystems rely heavily on USDC and USDT, but there are subtle differences.

Stablecoin使用情況在不同的區塊鍊網絡上有所不同。例如，以仲裁為基礎。 Coinbase的L2 Base具有穩定穩定的穩定供應水平，而仲裁則顯示了反彈的早期跡象。這兩個生態系統都嚴重依賴USDC和USDT，但是存在微妙的差異。

On Base, a large chunk of stablecoins are parked within centralized exchanges like Coinbase, suggesting a more custodial-heavy user base. Arbitrum, on the other hand, is more decentralized, with most stablecoins flowing into DeFi platforms. It's a fascinating look at how different networks can shape stablecoin behavior.

在基礎上，將大部分的穩定幣停在Coinbase等集中式交流中，這表明一個更繁重的用戶群。另一方面，仲裁是更加分散的，大多數穩定的穩定性流入了Defi平台。這是一個令人著迷的觀察，即不同的網絡如何塑造穩定行為。

TRC-20: The Speedy Stablecoin Transfer Option

TRC-20：快速的穩定轉移選項

USDT TRC-20 is Tether’s take on fast, cheap stablecoin transfers. No waiting around for slow networks, no burning money on high fees. Storing USDT on TRON checks all the boxes. It’s fast, cheap, and compatible with most wallets and platforms.

USDT TRC-20是Tether的快速，便宜的Stablecoin轉移。無需等待慢速網絡，沒有耗資高費。在Tron上存儲USDT將選中所有框。它快速，便宜且與大多數錢包和平台兼容。

Final Thoughts: Stablecoins are Here to Stay

最終想法：Stablecoins在這裡留下來

The stablecoin market has come a long way, baby! From a simple concept to a $250 billion industry, stablecoins have proven their staying power. With USDT and USDC leading the charge, and innovative projects like yield-bearing stablecoins and chain-specific strategies emerging, the future looks bright. So, keep your eye on the stablecoin market—it's not just stable, it's dynamic!

寶貝，Stablecoin市場已經走了很長一段路！從一個簡單的概念到2500億美元的行業，Stablecoins已經證明了他們的持久力。隨著USDT和USDC領導指控，以及創新的項目，例如出現的穩定穩定劑和鏈條特定的策略，未來看起來光明。因此，請密切關注Stablecoin市場，它不僅穩定，而且是動態的！