Circle 的 USDC 稳定币在受监管的稳定币中需求最高

Kaiko 最近的报告强调，在 Circle 宣布其 USDC 和 EURC 稳定币将遵守欧洲加密货币市场之后

Stablecoin volumes have largely favored non-compliant coins over the past year, yet recent events and upcoming regulatory changes are shifting the landscape.

过去一年里，稳定币的交易量在很大程度上有利于不合规的代币，但最近发生的事件和即将到来的监管变化正在改变这一格局。

According to Kaiko data, Circle's USDC (USD Coin) has seen the highest demand among regulated stablecoins.

根据 Kaiko 数据，Circle 的 USDC（美元币）在受监管的稳定币中需求最高。

Kaiko's recent report highlights that following Circle's announcement that its USDC and EURC stablecoins will comply with European Markets in Crypto-assets Regulation (MICA), both stablecoins have seen significant volume increases.

Kaiko 最近的报告强调，继 Circle 宣布其 USDC 和 EURC 稳定币将遵守欧洲市场加密资产监管 (MICA) 后，这两种稳定币的交易量均出现大幅增长。

While non-compliant stablecoins still dominate the market, comprising 88% of the total stablecoin volume, there is a noticeable shift towards regulated products. This shift could be driven by a growing preference for transparency in the market.

尽管不合规的稳定币仍然占据市场主导地位，占稳定币总量的 88%，但人们明显转向受监管的产品。这种转变可能是由于市场对透明度的日益偏好所推动的。

Moreover, as major crypto exchanges like Binance, Bitstamp, Kraken, and OKX begin restricting or delisting non-compliant stablecoins for their European users, exchanges and market makers may begin favoring compliant stablecoins.

此外，随着币安、Bitstamp、Kraken 和 OKX 等主要加密货币交易所开始为其欧洲用户限制或下架不合规的稳定币，交易所和做市商可能会开始青睐合规的稳定币。

In the past year, the volume share of compliant stablecoins has risen, reflecting this increased demand for regulated alternatives. So far, this trend has mainly benefited USDC.

在过去的一年中，合规稳定币的数量份额有所上升，反映出对受监管替代品的需求增加。到目前为止，这一趋势主要使 USDC 受益。

Another contributing factor to USDC's growth is its rising use in perpetual futures settlement, even though its market share in this domain is still much smaller compared to Tether's USDT (Tether).

USDC 增长的另一个推动因素是其在永续期货结算中的使用不断增加，尽管与 Tether 的 USDT（Tether）相比，其在该领域的市场份额仍然小得多。