在德意志銀行，穩定幣離成為主流不遠。

德國跨國投資銀行主題研究董事總經理Marion Laboure，分析師Camilla Siazon在一份演講中寫道，由於美國推動立法來規範加密市場，因此今年，硬幣可能會更廣泛地使用。

Stablecoins are likely to begin being more widely used this year as the US pushes forward with legislation to regulate the crypto market, according to Deutsche Bank.

根據德意志銀行的說法，隨著美國推動立法來規範加密貨幣市場，穩定幣可能會開始被更廣泛地使用。

In a presentation on Thursday, managing director of thematic research Marion Laboure and analyst Camilla Siazon said the coins will likely start being used more mainstream as both the House and Senate push forward with bills.

在周四的演講中，主題研究Marion Laboure和分析師Camilla Siazon表示，隨著眾議院和參議院以賬單向前推進，硬幣可能會開始被更多地使用。

Both the House bill, the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act, and the Senate bill, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, aim to create a regulatory framework for dollar-denominated stablecoins.

眾議院法案，穩定的透明度和對更好的分類帳經濟法（穩定）法案以及參議院法案，以及為美國Stablecoins（Genius）法案的指導和建立國家創新的參議院法案，旨在為以美元為基礎的stablecoins創建一個監管框架。

The bills follow years of warnings from government officials, most notably former Treasury Secretary Henry Paulson, about the potential for blockchain technology and cryptocurrencies to be used for illicit activity.

法案遵循政府官員的多年警告，最著名的是前財政部長亨利·保爾森（Henry Paulson），他說區塊鏈技術和加密貨幣的潛力用於非法活動。

Crypto legislation has faced some backlash. Senate Democrats have rallied against the GENIUS Act over concerns about President Donald Trump and his family’s links to the industry. Both Trump and his wife Melania have cryptocurrencies bearing their names, which launched shortly after he became president.

加密立法面臨一些反彈。參議院民主黨人反對《天才法案》，擔心唐納德·特朗普及其家人與該行業的聯繫。特朗普和他的妻子梅拉尼亞（Melania）都有其名字的加密貨幣，這是他成為總統後不久就推出的。

The market capitalization of stablecoins has soared from $20 billion in 2020 to its current level of over $246 billion, a more than 1200% surge. The coins also saw $28 trillion in transfer volume — the value of coins traded — last year, surpassing the levels of transfers made using major credit and debit card providers like Visa and Mastercard.

Stablecoins的市值從2020年的200億美元飆升至目前的2460億美元以上，增長超過1200％。去年，硬幣還看到了28萬億美元的轉移量（交易硬幣的價值），超過了使用Visa和MasterCard（例如Visa和MasterCard）使用的主要信用和借記卡提供商進行的轉移水平。

“They now power over two-thirds of crypto-trading,” the analysts said.

分析師說：“現在，他們為三分之二的加密貨運提供了權力。”

The analysts said 83% of fiat currency-backed stablecoins are backed by the dollar. Over $120 billion in dollar reserves are held in stablecoins. Deutsche Bank said $99 billion in US Treasury bills are held in Tether, making it one of the top stores of government debt.

分析人士說，有83％的菲亞特貨幣支持的穩定股有美元支持。在Stablecoins舉行了超過1,200億美元的美元儲備。德意志銀行表示，在特特（Tether）舉行了990億美元的美國財政部法案，使其成為政府債務的頂級商店之一。

Mainstream adoption of stablecoins will lead to overall increased demand for US Treasurys, the analysts predicted.

分析人士預測，穩定黴素的主流採用將導致對美國國債的總體需求增加。

“They are now integral to digital dollar infrastructure, transforming FX, liquidity, capital flows, and payment innovation,” Laboure and Siazon said.

Laboure和Siazon說：“它們現在是數字美元基礎設施不可或缺的一部分，改變了FX，流動性，資本流量和付款創新。”

“US regulation will bring clarity, enabling mainstream use cases and deeper financial integration.”

“美國法規將帶來清晰的，使主流用例和更深入的財務整合。”