MAS、代币化负债和稳定币：新加坡交响曲

探索 MAS 的 BLOOM 计划，旨在利用代币化银行负债和稳定币增强结算能力，促进数字金融创新。

MAS, Tokenised Liabilities, and Stablecoins: A Singaporean Symphony

MAS、代币化负债和稳定币：新加坡交响曲

Singapore's Monetary Authority (MAS) is orchestrating a financial revolution with its BLOOM initiative, harmonizing tokenised liabilities and stablecoins. It's all about making digital finance smoother and more accessible.

新加坡金融管理局 (MAS) 正在通过 BLOOM 计划策划一场金融革命，协调代币化负债和稳定币。这一切都是为了让数字金融更顺畅、更容易获得。

BLOOM: A New Dawn for Digital Settlements

BLOOM：数字结算的新曙光

Announced recently, the Borderless, Liquid, Open, Online, Multi-currency (BLOOM) initiative is MAS's ambitious project to extend settlement capabilities. The goal? To enable settlement in tokenised bank liabilities and well-regulated stablecoins through standardized approaches. Think of it as building a superhighway for digital assets.

最近宣布的无边界、流动性、开放、在线、多货币 (BLOOM) 计划是 MAS 旨在扩展结算能力的雄心勃勃的项目。目标？通过标准化方法实现代币化银行负债和监管良好的稳定币的结算。将其视为构建数字资产的高速公路。

Key Focus Areas of BLOOM

BLOOM 的重点关注领域

• Distribution and Clearing: Coordinating networks to ensure seamless transfer and redemption of various settlement assets.
• Programmable Controls: Standardizing compliance checks for consistency and cost reduction.
• Agentic Payments: Using AI to automate transactions, optimizing costs and reducing manual management.

The Rise of Tokenisation and Stablecoins

代币化和稳定币的兴起

Singapore banks are already diving headfirst into asset tokenisation, converting real-world assets into digital tokens on shared ledgers. This speeds up transactions and boosts asset liquidity. Stablecoins, designed to maintain a stable value relative to assets like the US dollar, are also gaining traction, offering a less volatile alternative to other cryptocurrencies.

新加坡银行已经在积极投入资产代币化，将现实世界的资产转换为共享账本上的数字代币。这加快了交易速度并提高了资产流动性。旨在相对于美元等资产保持稳定价值的稳定币也越来越受欢迎，为其他加密货币提供了波动性较小的替代品。

JPMorgan estimates the stablecoin market could grow significantly by 2028. MAS's BLOOM builds on previous efforts like Project Orchid, which explored digital Singapore dollar use cases.

摩根大通估计，到 2028 年，稳定币市场可能会大幅增长。MAS 的 BLOOM 建立在 Orchid 项目等之前的努力之上，该项目探索了数字新加坡元用例。

Bitcoin vs. Stablecoins: A Salary Showdown

比特币与稳定币：薪资对决

While Bitcoin offers decentralized and borderless transactions, its volatility can be a headache for salary payments. Stablecoins, pegged to fiat currencies, provide a more stable option, shielding employees from inflation risks and enabling near-instant transactions. However, regulatory and operational challenges persist, especially with evolving European regulations.

虽然比特币提供去中心化和无国界的交易，但其波动性可能会成为工资支付的一个难题。与法定货币挂钩的稳定币提供了更稳定的选择，可以保护员工免受通货膨胀风险并实现近乎即时的交易。然而，监管和运营挑战仍然存在，特别是随着欧洲法规的不断变化。

Strategies for Managing Crypto Salary Volatility

管理加密货币薪资波动的策略

Companies are adopting innovative strategies to manage the volatility of crypto salaries:

公司正在采用创新策略来管理加密货币工资的波动性：

• Hybrid Payroll Systems: Mixing fiat currencies and cryptocurrencies, including stablecoins.
• Instant Fiat Conversion: Converting crypto salaries to fiat instantly to minimize market exposure.
• Employee Education: Educating employees on the risks and benefits of crypto compensation.

Looking Ahead

展望未来

The choice between Bitcoin and stablecoins boils down to balancing innovation with risk. Companies that adopt comprehensive strategies to manage crypto salary fluctuations will thrive. Staying on top of evolving regulations is crucial for businesses considering crypto payroll solutions.

比特币和稳定币之间的选择归结为平衡创新与风险。采用综合策略来管理加密货币薪资波动的公司将会蓬勃发展。对于考虑加密薪资解决方案的企业来说，掌握不断变化的法规至关重要。

A Final Thought

最后的想法

So, what’s the takeaway? MAS is not just keeping pace; it's setting the tempo for the future of digital finance. With initiatives like BLOOM, Singapore is becoming a hub where innovation meets regulation, making the world of tokenised assets and stablecoins a bit less wild west and a lot more Wall Street. Exciting times ahead!

那么，要点是什么？ MAS 不仅紧跟潮流，而且还紧随其后。它正在为数字金融的未来定下节奏。通过 BLOOM 等举措，新加坡正在成为创新与监管相结合的中心，使代币化资产和稳定币的世界不再那么狂野西部，而更像是华尔街。激动人心的时刻即将来临！