Stablecoin Market Mania：USDT，USDC和2500亿美元的里程碑

深入进入Stablecoins的动态世界，USDT和USDC占据主导地位，但创新却盛行。探索承重的选择，市场趋势以及Crypto的基岩的下一步。

Stablecoin Market Mania: USDT, USDC, and the $250 Billion Milestone

Stablecoin Market Mania：USDT，USDC和2500亿美元的里程碑

The stablecoin market is booming, with USDT and USDC leading the charge. From yield-bearing options to changing network dynamics, stablecoins are reshaping the crypto landscape. Buckle up!

Stablecoin市场正在蓬勃发展，USDT和USDC领导了这一指控。从屈服选择到改变网络动态，Stablecoins重塑了加密景观。扣！

The Stablecoin Surge: A $250 Billion Party

Stablecoin激增：2500亿美元的党派

Hold on to your hats, folks! The stablecoin market has officially crossed the $250 billion mark. That's right, we're talking serious numbers. What was once a niche corner of the crypto world has exploded into a major force, providing liquidity and stability in the often-turbulent crypto seas. As of June 25, 2025, the total market cap hit $256.64 billion, accounting for a solid 7.80% of the entire crypto market.

抓住你的帽子，伙计们！ Stablecoin市场已正式超越了2500亿美元的大关。没错，我们正在谈论严重的数字。曾经是加密世界的一个利基角已经爆炸成一支主要力量，在经常繁华的加密海洋中提供了流动性和稳定性。截至2025年6月25日，总市值达到2566.4亿美元，占整个加密货币市场的7.80％。

USDT vs. USDC: The Titans Clash

USDT与USDC：Titans Clash

Let's talk about the big players. Tether (USDT) is still the king of the hill, boasting a market capitalization of $156.7 billion, which is about 62.21% of the total stablecoin market. Its daily trading volume is a mind-boggling $66 billion. USDT is everywhere, from crypto trading pairs to cross-border payments. It's the workhorse of the crypto economy.

让我们来谈谈大型球员。 Tether（USDT）仍然是山的国王，拥有1567亿美元的市值，约占Stablecoin总市场的62.21％。它的日常交易量是令人难以置信的660亿美元。 USDT无处不在，从加密交易对到跨境支付。这是加密经济的主力。

But don't count out USD Coin (USDC) just yet. It's sitting comfortably in second place with a market cap of $61.7 billion and a daily trading volume of $10.2 billion. USDC is often seen as the more regulated and compliant option, backed by those fancy established financial institutions. It's a favorite in DeFi and among institutional investors. Circle, the company behind USDC, has seen its valuation skyrocket after listing on the NYSE, signaling a shift in investor perception of Circle-from a mere stablecoin issuer to a digital financial infrastructure giant. In less than a month, Circle’s market value reached Rp1,047 trillion (US$63.89 billion), surpassing the total supply of its own stablecoin, USD Coin

但是，还不要算出美元硬币（USDC）。它舒适地排在第二位，市值为617亿美元，每日交易量为1002亿美元。 USDC通常被视为受到那些既定的金融机构的支持，是更受监管和合规的选择。这是DEFI和机构投资者中的最爱。 USDC背后的公司Circle在纽约证券交易所（NYSE）上市后已经看到其估值飞涨，这表明投资者对Circle-from的看法的转变仅仅是稳定的发行人到数字金融基础设施巨头。在不到一个月的时间内，Circle的市场价值达到1,047万亿卢比（638.9亿美元），超过了自己的Stablecoin的总供应

Beyond the Giants: A Diverse Stablecoin Ecosystem

超越巨人：多元化的稳定生态系统

While USDT and USDC grab most of the headlines, there's a whole crew of other stablecoins making waves. USDe and DAI are worth mentioning, with market caps of $5.5 billion and $5.3 billion, respectively. DAI has a crazy high daily volume of $18.7 billion, showing it's actively being used. Then you have the up-and-comers like USD1, FDUSD, PYUSD, USDY, and USDO, all with market caps hovering around the billion-dollar mark.

虽然USDT和USDC抓住了大多数头条新闻，但还有其他稳定的稳定者挥舞着。 USDE和DAI值得一提，市值分别为55亿美元和53亿美元。 Dai的每日疯狂高量为187亿美元，表明它正在积极使用。然后，您将拥有USD1，FDUSD，PYUSD，USDY和USDO之类的新兴人物，所有这些都悬​​在了十亿美元的商标附近。

Yield-Bearing Stablecoins: Earning While You Hodl

承重的稳定蛋白：赚钱时赚钱

One of the hottest trends in the stablecoin world is yield-bearing stablecoins. These bad boys let you earn passive income just by holding them. Ethena, a relative newcomer, has already amassed a supply of nearly $6 billion since its launch. It's a game-changer, proving that stablecoins can be more than just a store of value.

Stablecoin世界中最热门的趋势之一是承重稳定菌。这些坏男孩只能通过持有被动收入。相对新来的埃特纳（Ethena）自推出以来，已经积累了近60亿美元的供应。这是一个改变游戏规则的人，证明了稳定的不仅仅是价值存储。

Chain Reactions: How Stablecoins Behave on Different Blockchains

链反应：稳定菌在不同区块链上的行为如何

Stablecoin usage varies across different blockchain networks. Take Base and Arbitrum, for example. Base, Coinbase's L2, has stablecoin supply levels that are consistently stable, while Arbitrum is showing early signs of a rebound. Both ecosystems rely heavily on USDC and USDT, but there are subtle differences.

Stablecoin使用情况在不同的区块链网络上有所不同。例如，以仲裁为基础。 Coinbase的L2 Base具有稳定稳定的稳定供应水平，而仲裁则显示了反弹的早期迹象。这两个生态系统都严重依赖USDC和USDT，但是存在微妙的差异。

On Base, a large chunk of stablecoins are parked within centralized exchanges like Coinbase, suggesting a more custodial-heavy user base. Arbitrum, on the other hand, is more decentralized, with most stablecoins flowing into DeFi platforms. It's a fascinating look at how different networks can shape stablecoin behavior.

在基础上，将大部分的稳定币停在Coinbase等集中式交流中，这表明一个更繁重的用户群。另一方面，仲裁是更加分散的，大多数稳定的稳定性流入了Defi平台。这是一个令人着迷的观察，即不同的网络如何塑造稳定行为。

TRC-20: The Speedy Stablecoin Transfer Option

TRC-20：快速的稳定转移选项

USDT TRC-20 is Tether’s take on fast, cheap stablecoin transfers. No waiting around for slow networks, no burning money on high fees. Storing USDT on TRON checks all the boxes. It’s fast, cheap, and compatible with most wallets and platforms.

USDT TRC-20是Tether的快速，便宜的Stablecoin转移。无需等待慢速网络，没有耗资高费。在Tron上存储USDT将选中所有框。它快速，便宜且与大多数钱包和平台兼容。

Final Thoughts: Stablecoins are Here to Stay

最终想法：Stablecoins在这里留下来

The stablecoin market has come a long way, baby! From a simple concept to a $250 billion industry, stablecoins have proven their staying power. With USDT and USDC leading the charge, and innovative projects like yield-bearing stablecoins and chain-specific strategies emerging, the future looks bright. So, keep your eye on the stablecoin market—it's not just stable, it's dynamic!

宝贝，Stablecoin市场已经走了很长一段路！从一个简单的概念到2500亿美元的行业，Stablecoins已经证明了他们的持久力。随着USDT和USDC领导指控，以及创新的项目，例如出现的稳定稳定剂和链条特定的策略，未来看起来光明。因此，请密切关注Stablecoin市场，它不仅稳定，而且是动态的！