比特币与唐纳德·特朗普（Donald Trump）的关税战争期间的“波动投资”范式解耦

当比特币与唐纳德·特朗普（Donald Trump）的关税战争期间的“波动投资”范式分离时，价格集会推迟了许多可能的加密投资者。

That ticker you see on the Business Maverick section homepage? It’s the sign of a shifting tide in the local crypto market that may upset the traditional finance ships.

您在商业特立独行的部分主页上看到的那个股票？这是当地加密货币市场发生不断变化的迹象，可能会使传统的金融船舶破坏。

When Bitcoin decoupled from its “volatile investment” paradigm during Donald Trump’s tariff war, the price rally put off many would-be crypto investors. But it represents just one asset in a vast universe of digital currencies. According to Christo de Wit, cryptocurrency exchange Luno’s country manager, Bitcoin functions primarily as “digital gold” and a “store of value”, while altcoins occupy entirely different asset classes.

当比特币与唐纳德·特朗普（Donald Trump）的关税战争期间的“波动投资”范式分离时，价格集会推迟了许多可能的加密投资者。但这仅代表着广阔的数字货币宇宙中的一个资产。根据Christo De Wit，加密货币交易所Luno的国家经理，比特币主要用作“数字黄金”和“价值存储”，而Altcoins则占据完全不同的资产类别。

“There are around 20,000 other cryptocurrencies besides Bitcoin,” De Wit explains to Daily Maverick in an interview. “Each has its own underlying foundation and blockchain technology.”

“除了比特币之外，还有大约20,000个加密货币。” “每个人都有自己的基础和区块链技术。”

Altcoins span many categories, including artificial intelligence, gaming, layer-one protocols and layer-two scaling solutions. For potential investors, understanding an Altcoin’s utility and underlying technology is crucial before committing funds.

AltCoins涵盖了许多类别，包括人工智能，游戏，一层协议和三层缩放解决方案。对于潜在的投资者而言，了解替代币的效用和基础技术至关重要。

“You need to understand what the asset or coin is used for and how its value has grown relative to fiat currencies or even Bitcoin,” says De Wit. “The market can be very overwhelming, given its breadth and complexity.”

De Wit说：“您需要了解资产或硬币的用途以及其价值相对于法定货币甚至比特币的增长。” “鉴于其广度和复杂性，市场可能会非常压倒性。”

Luno sails the Altcoin seas

Luno航行Altcoin海洋

Luno – once the most conservative option to turn rands into Bitcoin – is turning its sails to the wind and significantly expanding its crypto offerings. Having started with just a handful of cryptocurrencies, the exchange now lists more than 31 different digital assets and continues to grow its selection.

卢诺（Luno）曾经是将兰德斯（Rands）变成比特币的最保守的选择 - 正在将其帆转向风，并大大扩展其加密货币产品。从少数加密货币开始，该交易所现在列出了31多种不同的数字资产，并继续增长其选择。

“We need to grow with the industry,” says De Wit. “As the crypto market matures, particularly with regulation being adopted globally and increased scrutiny, we’ve been able to expand our product at a much faster pace because we’ve laid that solid foundation.”

“我们需要随着行业的发展，” de Wit说。 “随着加密货币市场的成熟，尤其是随着法规在全球范围内采用并增加了审查，我们已经能够以更快的速度扩展我们的产品，因为我们已经奠定了坚实的基础。”

This expansion goes beyond simply adding new cryptocurrencies. Luno has launched additional products, including staking wallets, allowing users to earn rewards for holding certain cryptocurrencies.

这种扩展不仅仅是添加新的加密货币。卢诺（Luno）推出了其他产品，包括藏有钱包，使用户可以赢得持有某些加密货币的奖励。

New coins, new rules

新硬币，新规则

One does not simply list a new currency. They undergo scrutiny through Luno’s digital asset selection committee, which evaluates factors such as liquidity, security protocols and past security incidents. This is Luno’s typically cautious approach to keep customer investments safe while expanding responsibly.

人们不仅会列出新货币。他们通过Luno的数字资产选择委员会进行了审查，该委员会评估了流动性，安全协议和过去的安全事件等因素。这是Luno通常谨慎的方法，以确保客户投资安全，同时负责任地扩展。

“We’re pro-compliance and take a sensible approach to drive adoption through trust, safety and security,” says De Wit. “Our mission is to upgrade the world to a better financial system by giving exposure to the crypto industry and blockchain technology to our user base, expanding their knowledge.”

De Wit说：“我们是统一的，并采用明智的方法来通过信任，安全和保障来推动收养。” “我们的使命是通过向我们的用户群介绍加密行业和区块链技术，将世界升级到更好的金融体系，从而扩大他们的知识。”

Perhaps no cryptocurrency better exemplifies the unpredictable nature of the Altcoin market than Dogecoin. What began as a novelty token based on a meme has transformed into one of the cryptocurrency market’s most recognised assets – with some credit to Elon Musk riding the meme “to the moon”.

也许没有更好的加密货币来体现山寨币市场的不可预测性质。最初是基于模因的新奇令牌已经变成了加密货币市场最知名的资产之一 - 对埃隆·马斯克（Elon Musk）骑着模因“ to Moon”的一定值得称赞。

“Dogecoin started as a complete replica or fork of Bitcoin’s code,” De Wit explains. “Despite questions about its fundamental utility beyond uses like rewards and online trading, it has grown into such a big asset.”

De Wit解释说：“ Dogecoin最初是一个完整的副本或比特币代码的叉子。” “尽管质疑其基本的实用程序以外的用途，例如奖励和在线交易，但它已经发展成为如此大的资产。”

Now ranking in the top 10 cryptocurrencies by market capitalisation, Dogecoin boasts “a huge following”.

Dogecoin现在在市值中排名前10名加密货币，拥有“巨大的追随者”。

“This represents an evolution from Memecoin to fully fledged Altcoin,” says De Wit. “Dogecoin is not going anywhere.”

“这代表了Memecoin到完全刚刚起步的Altcoin的演变，” Wit说。 “狗狗没有任何地方。”

What this means for you

这对你意味着什么

Think crypto is just volatile Bitcoin? Think again. The market has exploded with thousands of ‘altcoins’ designed for specific uses (like gaming or AI) and ‘stablecoins’ pegged to currencies such as the US dollar.

认为加密只是挥发性比特币吗？想一想。该市场爆炸了数千个专为特定用途（例如游戏或AI）设计的“ Altcoins”，以及与美元等货币挂钩的“ Stablecoins”。

While Bitcoin is seen as ‘digital gold’, altcoins offer different opportunities. But beware – understand what a coin does and its underlying tech before investing, as the market is complex and risky.

虽然比特币被视为“数字黄金”，但AltCoins提供了不同的机会。但是要当心 - 在投资之前，请了解硬币的作用及其基础技术，因为市场是复杂而风险的。

Stablecoins are shaking up cross-border payments, especially in Africa. They offer a way to potentially send or receive money internationally faster and with lower fees than traditional banks, reducing currency conversion losses.

稳定的人正在摇晃跨境支付，尤其是在非洲。他们提供了一种可能比传统银行更快地汇款或收取费用较低的方法，从而减少了货币转换损失。

The bigger picture: Crypto isn’t just speculation any more. It’s starting to offer practical solutions, particularly for payments, challenging traditional finance systems.

更大的局面：加密不仅仅是猜测。它开始提供实用的解决方案，尤其是用于付款，挑战传统的金融系统。

Stablecoins to tame the remittance tide

稳定驯服的汇款潮

While volatile cryptocurrencies capture headlines, stablecoins – digital currencies pegged to stable assets such as the US dollar – are quietly revolutionising cross-border payments across Africa.

尽管挥发性加密货币占据了头条新闻，但稳定的货币（数字货币都挂在稳定的资产（例如美元））中正在悄悄地彻底改变了整个非洲的跨境支付。

Luke Kyohere, chief product and innovation officer at Onafriq, points to USDC, a regulated and fully reserved stablecoin pegged to the dollar, as a prime example.

Onafriq的首席产品兼创新官Luke Kyohere指出，USDC是一个受监管且完全保留的Stablecoin固定在Dollar上的人，这是一个很好的例子。

“Traditional money transfers are often characterised by high fees, slow settlement times and multiple currency conversions that erode value,” Kyohere explains. “Stablecoins leverage the speed of blockchain technology while eliminating the volatility concerns of traditional cryptocurrencies.”

“传统的汇款通常以高费用，缓慢的定居时间和侵蚀价值的多种货币转换为特征，” Kyohere解释说。 “ Stablecoins利用区块链技术的速度，同时消除了传统加密货币的波动性问题。”

For businesses, Stablecoin integration reduces transaction settlement times from days to minutes by “eliminating the need for multiple intermediaries, minimising FX slippage, and ensuring near-instant reconciliation”. This efficiency is particularly valuable in Africa, where liquidity constraints and currency volatility are common challenges.

对于企业，Stablecoin集成通过“消除对多个中介机构的需求，最大程度地减少FX滑倒并确保近乎安装的和解”，从而将交易解决时间从几天减少到几分钟。”这种效率在非洲尤其有价值，在非洲，流动性限制和货币波动是普遍的挑战。

Stablecoins now account for

stablecoins现在说明