美元正在链上

最后一个加密循环是关于模因，退化的产量和野生动荡的。加密从这里去哪里？它必须与稳定有关

The financial world is splitting between those who wait for permission and those who mint their own destiny. As the last crypto cycle was about memecoins, degenerate yields, and wild volatility, what does crypto have to offer in a market downturn, especially in emerging economies? Stability, liquidity, and real-world utility.

财务世界正在等待许可的人和铸造自己命运的人之间分裂。由于最后一个加密货币周期是关于模因，退化的产量和野生动荡的，因此加密货币在市场衰退中必须提供什么，尤其是在新兴经济体中？稳定性，流动性和现实世界实用程序。

The U.S. dollar remains the world’s reserve asset, especially pertinent in times of global economic uncertainty. But people want access to dollars without banks, and that's where stablecoins come in.

美元仍然是全球储备资产，在全球经济不确定性时期尤其是相关的。但是人们希望没有银行获得美元，这就是Stablecoins进来的地方。

Stablecoins like USD Coin (USDC) and Tether (USDT) have become the de facto savings and spending tools in emerging markets and crisis zones. We’ve entered a new era of money, where the dollar isn’operability, and is being minted on-chain, powered by borderless and frictionless infrastructure.

USD Coin（USDC）和Tether（USDT）之类的Stablecoins已成为新兴市场和危机区域中的实际储蓄和支出工具。我们进入了一个新的金钱时代，美元不使用，并且正在绑在链上，由无边界和无摩擦的基础设施提供支持。

Stablecoins like USDC, USDT, PayPal USD (PYUSD), and now yield-bearing alternatives like Ethena USDe (USDE), are processing billions daily, not as speculative assets but as functional currency. In places like Nigeria, they’re already replacing failing local money.

USDC，USDT，PayPal USD（Pyusd）和现在的屈服替代品（如Ethena USDE（USDE））等稳定的销售人员每天都在处理数十亿美元，而不是投机性资产，而是功能货币。在尼日利亚这样的地方，他们已经取代了当地货币的失败。

Nigerian web3 startups have raised over $130m to date as stablecoin use is on the rise. Argentinians are ditching pesos for USDT and USDC at record rates as they’re facing inflation at 200%. When fiat currencies become unstable, as is the case with hyperinflation, for example, people look for alternatives. Bitcoin was an alternative. However, digital dollars or stablecoins are now the primary choice.

迄今为止，随着使用Stablecoin的使用正在上升，尼日利亚的Web3初创公司已筹集了超过1.3亿美元。阿根廷人正在以创纪录的速度为USDT和USDC抛弃比索，因为他们面临200％的通货膨胀率。当法定​​货币变得不稳定时，例如，过度通货膨胀的情况也是如此，人们寻找替代方案。比特币是另一种选择。但是，数字美元或稳定币现在是主要选择。

The signs are all there that the dollar is migrating on-chain, and the institutions that don’옅

这些迹象表明，美元正在链上迁移，而没有'옅的机构