为什么Stablecoins需要银行：数字货币合作的未来

加密赛经常将自己描绘成传统金融体系的大胆挑战者，但是在稳定叙事中的奇怪转折表明这些数字实体需要银行飙升。

Crypto sphere often portrays itself as the bold challenger to the traditional financial system, yet a curious twist in the stablecoin narrative suggests these digital entities need banks to soar.

加密球体经常将自己描绘成传统金融体系的大胆挑战者，但是在stablecoin叙述中，一个奇怪的转折表明这些数字实体需要银行飙升。

Amid the bright lights of Toronto at Consensus 2025, PayPal’s Jose Fernandez da Ponte made a compelling case for why collaboration with banks is essential if stablecoins are to transcend crypto-native circles. Banks, with their robust infrastructure and trusted networks, are viewed as critical partners in providing the connectivity and support stablecoins require to scale effectively.

在2025年共识的多伦多的明亮灯光中，贝宝（Paypal）的何塞·费尔南德斯·达·庞特（Jose Fernandez da Ponte）提出了一个令人信服的案例，说明为什么与银行合作要超越加密本地圈子，为什么与银行合作至关重要。银行凭借其强大的基础架构和受信任的网络，被视为关键合作伙伴，以提供有效扩展的连通性和支持稳定性所需的所需。

His remarks follow the backdrop of anticipated legislative changes in the U.S., paving the way for stablecoins to gain a firmer footing within the financial landscape. The forthcoming regulatory clarity holds the promise of inviting banks into the fold, catalyzing a stablecoin transformation that might dispel the cloud of skepticism hanging over digital assets. Anthony Soohoo of MoneyGram weighs in, echoing the sentiment that stablecoin legislation could address lingering doubts and propel a shift toward wider adoption.

他的言论遵循美国预期立法变更的背景，为Stablecoins铺平了在金融环境中获得更牢固地位的道路。即将到来的监管清晰度具有邀请银行进入折叠的希望，催化了一种稳定的转型，该转化可能消除了悬挂在数字资产上的怀疑论的云。 Moneygram的Anthony Soohoo重视，与Stablecoin立法可以解决持续的疑问并推动向更广泛采用的转变的情感。

As it stands, the stablecoin market is dominated by Tether’s USDT and Circle’s USDC, which together claim a staggering 90% of the sector, valued at approximately $230 billion. PayPal’s PYUSD trails with a modest supply, signaling the infancy of its journey amid giants. Fernandez da Ponte downplays market cap as the singular benchmark for success, emphasizing metrics like transaction velocity and wallet activity that truly indicate the currency’s utility and integration into everyday life.

就目前而言，Stablecoin市场由Tether的USDT和Circle的USDC主导，该公司共同拥有惊人的90％的行业，价值约为2,300亿美元。贝宝（Paypal）的pyusd踪迹具有适度的供应，标志着巨人的旅程的起步。费尔南德斯·达·庞特（Fernandez da Ponte）淡化了市值作为成功的单数基准，强调了诸如交易速度和钱包活动之类的指标，这些指标确实表明了货币的效用和整合到日常生活中。

Interestingly, in nations grappling with erratic inflation and currency instability, dollar-backed stablecoins have found fertile ground as a vehicle of value preservation. Soohoo highlights how MoneyGram, with its reach across 200 countries, capitalizes on this demand by providing bridges between digital and physical finance. Yet, it’s in the regulatory awakening of more stable economies that stablecoins could reshape corporate operations, bypassing previous bottlenecks in cross-border disbursements.

有趣的是，在应对不稳定的通货膨胀和货币不稳定的国家中，以美元支持的稳定稳定的地面是保存价值的工具。 Soohoo强调了Moneygram在200个国家 /地区的覆盖范围如何通过提供数字和物理融资之间的桥梁来利用这一需求。然而，这是对更稳定的经济体的监管觉醒，该经济体可以重塑公司运营，绕过以前的跨境支出中的瓶颈。

The true litmus test for stablecoins lies not in speculative hype but in tangible solutions. With regulation set to define the roadmap, consumers remain indifferent to the technology’s intricacies; they care about its problem-solving prowess.

稳定霉素的真实试金测试不在于投机性炒作，而在于有形的解决方案。根据定义路线图的法规，消费者对技术的复杂性仍然无动于衷；他们关心解决问题的能力。

As stablecoin advocates look ahead, the next five years will determine whether these digital dollars evolve beyond promising potential to tangible triumph, leveraging institutional cooperation as their unlikely ally in this financial revolution.

正如Stablecoin倡导者的前进一样，接下来的五年将决定这些数字美元是否超出了有望取得胜利的潜力，利用机构合作是他们在这项金融革命中不太可能的盟友。