Stellar（XLM）Stablecoin市值飆升至3.438億美元

這次激增強調了恆星在分散的金融（DEFI）生態系統中及其作為Stablecoin發行和跨境支付的領先平台的作用。

Stellar, the blockchain payment network often viewed as a competitor to Ripple, has reached a significant milestone with its stablecoin market supply reaching an all-time high of $343.68 million, according to data from DeFiLlama.

根據Defillama的數據，Stellar是區塊鏈支付網絡經常被視為波紋的競爭對手，其穩定的市場供應達到了一個重要的里程碑，其歷史最高額為3.4368億美元。

This surge showcases Stellar's growing dominance in the decentralized finance (DeFi) ecosystem and its role as a leading platform for stablecoin issuance and cross-border payments.

這次激增展示了恆星在分散的金融（DEFI）生態系統中及其作為Stablecoin發行和跨境支付的領先平台的作用。

Moreover, Stellar's focus on financial inclusion, especially in developing economies, has driven its adoption for remittances, micropayments, and DeFi applications.

此外，Stellar對金融包容性的關注，尤其是在發展中的經濟體中，推動了其用於匯款，微付款和Fefi應用程序的採用。

This isn't a new trend, as data from November 2024 shows that stablecoin supply on Stellar has continuously risen, leading to this record-breaking milestone.

這不是一個新趨勢，因為2024年11月的數據表明，Stablecoin供應不斷增長，從而導致了這一創紀錄的里程碑。

As Stellar continues to expand its presence in the blockchain ecosystem, investors are naturally asking: Will this momentum translate into a bullish run for XLM, the native cryptocurrency of the Stellar network?

隨著Stellar繼續擴大其在區塊鏈生態系統中的存在，投資者自然會問：這種勢頭是否會轉化為XLM的看漲跑步，這是恆星網絡的本地加密貨幣？

Stellar's Expanding Footprint

Stellar的擴展足跡

The spike in stablecoin supply on Stellar highlights the network's growing capabilities for real-world asset (RWA) tokenization and efficient stablecoin-based transactions.

Stablecoin在恆星上供應的峰值突出了該網絡對現實世界資產（RWA）令牌化的不斷增長的能力和基於有效的Stablecoin的交易。

Stablecoins, such as USD Coin (USDC) and EUR Coin (EURC), are natively supported on Stellar, which leverages its high throughput of up to 1,000 transactions per second (TPS) and negligible transaction fees, as low as $0.0000006 per transaction.

穩定的硬幣（USDC）和歐洲硬幣（EURC）等穩定者在Stellar上得到了良好的支持，該公司利用其高達1,000筆交易（TPS）和可忽略的交易費用，低至0.000000006美元。

This makes Stellar an attractive platform for financial institutions and fintech firms seeking low-cost and high-speed payment solutions.

這使Stellar成為金融機構和金融科技公司尋求低成本和高速支付解決方案的有吸引力的平台。

Furthermore, Stellar's notable partnerships have boosted its ecosystem in recent years. The network is continuing to collaborate with corporations like IBM, through the World Wire project, and Franklin Templeton, which launched a tokenized U.S. Treasury fund on Stellar in 2021.

此外，近年來，Stellar的著名夥伴關係增強了其生態系統。該網絡將繼續與IBM這樣的公司合作，通過世界電線項目和富蘭克林·鄧普頓（Franklin Templeton），該項目於2021年在Stellar上啟動了一個令牌化的美國財政基金。

These developments demonstrate Stellar's appeal to institutional players. Additionally, the firm's integrations with Mastercard for stablecoin infrastructure and Circle for USDC and EURC issuance have solidified its position as a leader in the stablecoin industry.

這些事態發展表明了出色的吸引機構參與者。此外，該公司與MasterCard的Stablecoin基礎架構和USDC和EURC發行的Circle的集成鞏固了其作為Stablecoin行業領導者的地位。

Can This Record Propel XLM Price Upwards?

這個記錄可以推動XLM價格上漲嗎？

With network activity on Stellar surging to new highs, it's only natural for the spotlight to shift to XLM's price performance.

隨著恆星的網絡活動提高到新的高點，人們自然而然地轉向XLM的價格性能。

While this record-breaking stablecoin supply is a bullish development for the Stellar ecosystem, its impact on XLM price remains largely uncertain.

儘管這種破紀錄的穩定量供應是恆星生態系統的看漲發展，但其對XLM價格的影響仍然在很大程度上不確定。

At the time of writing, XLM is trading at $0.2623, with a 24-hour trading volume of $160.50 million and a market capitalization of $8.11 billion. It currently remains 71.95% below its all-time high of $0.9381, marked in January 2018.

在撰寫本文時，XLM的交易價格為0.2623美元，交易量為1.605億美元，市值為811億美元。目前，它的歷史最高額為0.9381美元，比2018年1月標記為0.9381美元。

Over the past month, XLM price has increased by 4.88%, but it has declined 7.56% in the past seven days, performing poorly compared to the broader cryptocurrency market, which is down just 1.10%, according to latest market data. Despite this, XLM has shown resilience over the longer term, posting a remarkable 136% increase over the past year.

在過去的一個月中，XLM價格上漲了4.88％，但在過去的七天中下降了7.56％，與廣泛的加密貨幣市場相比，XLM價格的效果較差，該市場僅下降了1.10％。儘管如此，XLM在長期內表現出了彈性，在過去一年中張貼了136％的增長。

While increased stablecoin activity could drive demand for XLM, Stellar faces significant challenges in its broader adoption against its competition from other payment-focused blockchains like Ripple (XRP).

儘管增加的Stablecoin活動可能會推動對XLM的需求，但Stellar在其與其他針對支付的區塊鏈（如Ripple（XRP））的競爭方面面臨著重大挑戰。

Specifically, Ripple has been making inroads in securing regulatory clarity and expanding its global footprint, posing a competitive threat to Stellar's ambitions.

具體而言，Ripple一直在確保監管清晰度和擴大其全球足跡，對Stellar的野心構成競爭威脅。

This makes it interesting to observe whether Stellar can capitalize on this milestone to drive broader adoption and, in turn, boost XLM price.

這使觀察恆星是否可以利用這一里程碑來推動更廣泛的採用，進而提高XLM價格是有趣的。

This will depend on sustained network growth, technical breakouts, and favorable market conditions.

這將取決於持續的網絡增長，技術突破和有利的市場狀況。