加密货币现在在全球经济中发挥了双重作用

该报告强调，近6000亿美元的跨境加密交易记录在2024年第2季度，大多数流动集中在比特币，以太坊，USDT和USDC周围。

Cryptocurrencies are now playing a dual role in the global economy—part speculative asset, part payment tool, according to a new analysis from the Bank for International Settlements (BIS).

根据国际定居银行（BIS）的新分析，加密货币现在在全球经济中发挥了双重作用，部分投机资产，部分支付工具。

In Q2 2024 alone, nearly $600 billion in cross-border crypto transactions were recorded, the report notes, with the bulk of these flows concentrated around Bitcoin, Ethereum, USDT, and USDC.

报告指出，仅在2024年第2季度，就记录了将近6000亿美元的跨境加密交易，这些流量大部分集中在比特币，以太坊，USDT和USDC周围。

While there's been growing hype around crypto's increasing real-world utility, the BIS suggests speculative trading remains the primary driver behind these massive volumes.

尽管围绕加密货币不断增加的现实世界实用程序的炒作越来越大，但双BIS表明投机性交易仍然是这些巨额销量背后的主要驱动力。

Sharp movements in global funding conditions appear to be influencing crypto flows, highlighting how the asset class is becoming increasingly entangled with traditional financial markets.

全球资助条件下的急剧动作似乎正在影响加密流，这突出了资产类别如何越来越与传统金融市场纠缠在一起。

But on the fringes of this speculative activity, utility use cases are emerging. In regions struggling with high inflation or steep remittance fees, stablecoins and small Bitcoin transfers are becoming viable alternatives to conventional banking systems.

但是，在这种投机活动的边缘，效用用例案例正在出现。在高通货膨胀或高额汇款费的地区，稳定的股币和小型比特币转移已成为传统银行系统的可行替代品。

This analysis coincides with the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and major crypto exchange Coinbase (NASDAQ:COIN), which threatens to spill over and affect the global crypto landscape.

这项分析与美国证券交易委员会（SEC）和主要加密交易所Coinbase（NASDAQ：COIN）之间正在进行的法律斗争相吻合，该公司可能会溢出并影响全球加密货币景观。

The SEC's actions have been a hot topic at the International Monetary Fund (IMF) meetings this week, with officials discussing the need for coordinated action to regulate crypto and mitigate risks to financial stability.

SEC的行动是本周国际货币基金会（IMF）会议上的热门话题，官员们讨论了对调节加密货币的协调行动的必要性，并减轻了金融稳定的风险。

As emerging markets, in particular, face the challenge of transferring funds quickly and efficiently across borders, crypto is presenting itself as a convenient solution, especially compared to the existing system of high cross-border bank transfer fees and slow processing times.

特别是，由于新兴市场面临跨境快速有效地转移资金的挑战，加密货币将自己作为便捷的解决方案，尤其是与现有的高跨境银行转移费用和缓慢处理时间的系统相比。

The U.S. and U.K. were the net users of both Bitcoin and USDC, while Turkey and Russia featured among the top users of USDT, according to the BIS data.

根据BIS数据，美国和英国都是比特币和USDC的净使用者，而土耳其和俄罗斯在USDT的顶级用户中占有一席之地。

As crypto continues to integrate further into the global financial system, the risks posed by volatility, investor behavior, and unregulated flows could have broader implications for financial stability, the report concludes.

报告总结说，随着加密货币继续进一步集成到全球金融体系中，波动性，投资者行为和不受管制的流动带来的风险可能对金融稳定性产生更大的影响。