Stablecoins是尋找問題的解決方案

有可能被廣泛用於付款的Stablecoins試圖避免這種命運。

Stablecoins are often discussed in the context of cryptocurrencies, but they have broader implications for the financial industry.

經常在加密貨幣的背景下討論穩定幣，但它們對金融業具有更廣泛的影響。

Mastercard is venturing further into the stablecoin domain with a partnership on Thursday (May 15) with crypto payments FinTech MoonPay to streamline on- and off-ramps for merchants and simplify cross-border transactions.

萬事達卡（Mastercard）在周四（5月15日）與加密貨幣付款金融科技Moonpay的合作夥伴關係進一步進入Stablecoin域，以簡化商人的外部和外坡道，並簡化跨境交易。

However, the full potential of stablecoins remains constrained by limited on- and off-ramp infrastructure and insufficient acceptance among merchants and consumers.

但是，穩定蛋白的全部潛力仍然受到有限的現行和外跨基礎設施的限制，並且對商人和消費者的接受程度不足。

The benefits of stablecoins can be enticing, particularly in cross-border and emerging market transactions. These programmable dollars (or euros, or pesos) can move at the speed of the internet. They combine the reliability of traditional money with the speed and efficiency of blockchain rails.

Stablecoins的好處可能是誘人的，尤其是在跨境和新興市場交易中。這些可編程的美元（或歐元或比索）可以以互聯網的速度移動。他們將傳統資金的可靠性與區塊鏈導軌的速度和效率相結合。

Still, like all powerful tools, stablecoins’ value depends on the system they’re part of. That could require legitimate institutions to build the rails, encourage acceptance, align with regulations and integrate with legacy systems.

儘管如此，像所有功能強大的工具一樣，Stablecoins的價值取決於它們的一部分。這可能需要合法的機構來建立鐵軌，鼓勵接受，與法規保持一致並與舊系統集成。

On paper, stablecoins may seem like the perfect bridge between two financial worlds. Citi Institute’s Future of Finance think tank projected that the stablecoin market could jump to at least $1.6 trillion by 2030, assuming regulatory support and institutional integration continue apace.

從表面上看，Stablecoins似乎是兩個金融世界之間的完美橋樑。花旗研究所（Citi Institute）的未來財務智囊團預計，到2030年，穩定市場的市場可能會躍升至至少1.6萬億美元，假設監管支持和機構一體化繼續迅速發展。

In practice, however, stablecoins can be stuck in a transactional limbo where they are underused and misunderstood. The key to unlocking their full potential could lie in partnerships for seamless fiat on- and off-ramps, as well as widespread acceptance from merchants and consumers.

但是，實際上，穩定的人可能會被困在交易的困境中，在這些困境中，他們被誤解和誤解了。釋放其全部潛力的關鍵可能在於與商人和消費者的無縫菲亞特（Fiat on）無縫菲亞爾（Fiat）和外坡道的合作夥伴關係。

See also: 3 Things Payment Stakeholders Can All Agree On About Stablecoins

另請參閱：3件事付款利益相關者都可以就Stablecoins達成共識

The Plumbing of Digital Money: On- and Off-Ramps

數字貨幣的管道：越野和外坡道

For most Americans not actively involved in crypto markets, stablecoins might as well not exist. But most Americans still bank with institutions that are centuries old.

對於大多數不積極參與加密貨幣市場的美國人而言，Stablecoins也可能不存在。但是，大多數美國人仍然對幾個世紀以上的機構保持一致。

In the crypto economy of certain regions, wallets like MetaMask, Coinbase Wallet and others are the new front ends of finance, and fiat ramps serve as the connective tissue between these wallets and the fiat world.

在某些地區的加密經濟中，諸如MetAmask，Coinbase Wallet等錢包是金融的新前端，菲亞特坡道是這些錢包和菲亞特世界之間的結締組織。

Today, most stablecoin entry points still rely on centralized crypto exchanges like Coinbase, Binance or Kraken. These platforms offer fiat gateways where users can link bank accounts or cards to buy stablecoins. However, for stablecoins to become ubiquitous, access needs to move beyond crypto-native tools. That means embedding on-ramps into FinTech apps, remittance platforms and retail bank services.

如今，大多數Stablecoin入口點仍然依賴於Coinbase，Binance或Kraken等集中的加密交易所。這些平台提供菲亞特門戶，用戶可以在其中鏈接銀行帳戶或卡以購買穩定的股幣。但是，要使Stablecoins變得無處不在，訪問需要超越加密本地工具。這意味著將坡度嵌入金融科技應用程序，匯款平台和零售銀行服務中。

Emerging markets, where banking infrastructure is often limited or unreliable, stand to benefit the most.

銀行基礎設施通常有限或不可靠的新興市場將受益最大。

For example, Ramp announced May 7 an expansion of its issuing partnership with Stripe to launch stablecoin-backed corporate cards designed to facilitate cross-border transactions. The integration will start with select Latin American markets and then expand to countries in Europe, Africa and Asia.

例如，RAMP宣布5月7日擴展了與Stripe的發行合作夥伴關係，以推出旨在促進跨境交易的Stablecoin支持的公司卡。整合將從精選的拉丁美洲市場開始，然後擴展到歐洲，非洲和亞洲的國家。

Currency.com CEO Konstantin Anissimov told PYMNTS this week that there has been “a big shift in terms of adoption of stablecoin payments that is being driven by uncertainty in geopolitics.”

Currency.com首席執行官Konstantin Anissimov本週告訴PYMNTS，“在通過地緣政治不確定性驅動的Stablecoin付款方面發生了很大的轉變”。

“I am personally seeing a big increase of small to medium enterprises utilizing stablecoin payments because banking rails are harder and harder to use,” Anissimov said.

Anissimov說：“我個人看到使用Stablecoin支付的中小型企業大幅增加，因為銀行軌道越來越難使用。”

Read also: Crypto Firms Chase Bank Charters as Circle Launches Stablecoin Orchestration Layer

另請閱讀：加密公司追逐銀行租船

Can Stablecoins Successfully Change the World’s Financial Fabric?

Stablecoins可以成功改變世界的財務結構嗎？

From Shopify plugins to crypto-friendly point-of-sale (POS) systems, technical solutions exist to enable stablecoin acceptance. However, what’s lacking is incentive. Traditional payment processors like Visa or PayPal offer reliability, fraud protection and settlement services that most blockchain payment systems can’t yet match.

從Shopify插件到加密貨幣友好的銷售點（POS）系統，都存在技術解決方案，以實現StableCoin的接受。但是，缺少的是激勵措施。簽證或貝寶等傳統支付處理器提供可靠性，大多數區塊鏈支付系統尚無法匹配的欺詐保護和和解服務。

Equally critical are off-ramps — the pathways through which users convert stablecoins back into fiat currency. Without these, stablecoins risk becoming digital dead-ends. Users want to spend, not just hold.

同樣至關重要的是坡道 - 用戶將Stablecoins轉換為法定貨幣的途徑。沒有這些，Stablecoins有可能成為數字死胡同。用戶想花費，而不僅僅是握住。

That’s in part why, rather than resisting, banks can reposition themselves as custodians of digital assets, offering secure storage and compliance partnerships that handle know your customer and anti-money laundering obligations for stablecoin issuers. At the same time, they can serve as liquidity providers offering fiat backstops and redemption services.

這就是為什麼銀行可以將自己重新定位為數字資產的保管人，提供安全的存儲和合規合作夥伴關係，以了解您的客戶和穩定發行人的反洗錢義務。同時，他們可以充當提供菲亞特背部和救贖服務的流動性提供商。

They could even be issuers themselves. Some, like J.P. Morgan, already are.

他們甚至可以自己是發行人。有些人，例如JP Morgan，已經是。

“I think the largest banks will succeed as stablecoin issuers,” Amias Gerety, former assistant secretary of the Treasury, told PYMNTS in March.

“我認為最大的銀行將成功成為Stablecoin發行人，”財政部前助理秘書Amias Gerety在三月份告訴PYMNTS。

Still, policy could shape the stablecoin trajectory in the U.S. more than technology. Perhaps the most eye-catching development in 2025 has been the President Donald Trump family’s foray into stablecoins. The USD1 token, unveiled at a Dubai conference and reportedly used in a $2 billion Binance investment by Abu Dhabi’s MGX, raised eyebrows and strategic questions.

儘管如此，政策還是可以在美國塑造穩定的軌跡，而不是技術。 2025年最引人注目的發展也許是唐納德·特朗普（Donald Trump）一家人涉足穩定者。 USD1代幣在迪拜會議上揭幕，據報導，阿布扎比的MGX進行了20億美元的二手投資，提高了眉毛和戰略問題。

That foray, as well as others, resulted in the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act, a bill to promote stablecoins, being blocked in the U.S

與其他人以及其他人一起為2025年的美國Stablecoins（Genius）的指導和建立了國家創新，這是一項促進Stablecoins的法案，在美國被阻止