稳定币正在经历指数级增长，位报告其2024年交易量超过Visa的交易量

一些专家断言，Stablecoins正在经历指数增长，迅速成为过去二十年中最重要的金融创新之一。

Stablecoins are rapidly increasing in usage, with transaction volumes now outperforming those of Visa, crypto analytics firm Bitwise reported on Thursday.

Crypto Analytics公司的Bitwise在周四报道，使用稳定的使用量正在迅速增加。

The firm’s report, titled “Interoperability and Innovation in Web3,” showed that transaction volumes on stablecoins reached $14 trillion last year. For context, Bitwise previously reported that transaction volumes on Visa were around $1.5 trillion in 2023, while those of major stablecoins amounted to approximately $7 trillion.

该公司的报告标题为“ Web3中的互操作性和创新”，表明，Stablecoins的交易量达到了去年的14万亿美元。在上下文中，Bitwise先前报道说，签证的交易量约为2023年的1.5万亿美元，而主要的稳定币的交易量约为7万亿美元。

In 2020, the volume of transactions on Visa were almost 10 times greater than those of stablecoins. It took just under five years for stablecoins to close this gap and for transaction volumes on the U.S. multinational payment card services corporation’s network to begin to outpace those of Visa.

在2020年，签证的交易量几乎是稳定蛋白的交易量几乎大10倍。 Statablecoins花了不到五年的时间来缩小这一差距，并在美国跨国支付卡服务公司的网络上开始超过Visa的交易。

This time period also saw the launch of several new stablecoins, along with the development of new use cases for these digital assets. Specifically, Bitwise noted that stablecoins are used for a diverse range of purposes, including cross-border payments, institutional investing and decentralized finance (DeFi).

这段时间还看到了几个新的稳定币，以及为这些数字资产开发新用例。具体而言，Bitwise指出，Stablecoins用于各种目的，包括跨境支付，机构投资和分散的财务（DEFI）。

Moreover, the analysis firm highlighted the role of stablecoins in streamlining and rendering financial services more efficient.

此外，分析公司强调了稳定菌在精简和渲染金融服务中的作用。

“Stablecoins offer several advantages for payments and other financial services. They can be transferred nearly instantaneously around the world at very low cost. In contrast, SWIFT [Society for Worldwide Interbank Financial Telecommunications] payments can take several days and are relatively expensive. They also offer a unit of account and medium of exchange in DeFi, where a broad range of financial services are being developed,” the report read in part.

“ Stablecoins为付款和其他金融服务提供了几个优势。它们几乎可以以非常低的成本即时转移到世界各地。相反，Swift [World Bank Inter -Bank Interbank Inter Bank Financial Telecommunications]的付款可能需要几天的时间，并且相对昂贵。它们还提供了一项范围内的Fanancial Service of Financial Service of Felancial Servect of Fearned of Fearming of Fearmist of Fearned the Enport of Fearmiss of Fearned of Fearned of Fearned of Fearning of Fearned the Real the Real。

Discussing the primary drivers of stablecoin adoption, DWF Labs Managing Partner Andrei Grachev noted that despite the speed of growth, the widespread use of stablecoins is presenting some key systemic risks that need to be mitigated.

DWF实验室管理合作伙伴安德烈·格拉切夫（Andrei Grachev）讨论了采用Stablecoin采用的主要驱动因素，但尽管增长速度，但稳定菌的广泛使用仍提出了一些需要缓解的关键系统性风险。

Building on the drivers of adoption, Grachev listed some emerging vulnerabilities and an interesting perspective on the 'downside' of stablecoins. According to the managing partner, this risk is especially apparent with algorithmic stablecoins.

格拉切夫（Grachev）以收养的驱动力为基础，列出了一些新兴漏洞，并在stablecoins的“下行”方面有一个有趣的观点。据管理合作伙伴称，这种风险在算法的稳定剂中尤其明显。

“Imagine what happens if users try to exit en masse because they fear a depeg. This could destabilize issuers and trigger broader market volatility, especially with algorithmic or undercollateralized stablecoins,” Grachev told Bitcoin.com News.

Grachev告诉Bitcoin.com新闻：“想象一下，如果用户害怕depeg，那将会发生什么。这可能会使发行人稳定并触发更广泛的市场波动，尤其是使用算法或不足的稳定性稳定性。”

Another critical risk is highlighted by the DWF Labs managing partner to be insufficient or opaque reserve management. He added that this could erode trust and facilitate contagion if a major issuer fails, which is further exacerbated by offshore operations that lack proper oversight.

DWF实验室管理合作伙伴强调了另一个关键风险是不足或不透明的储备管理。他补充说，如果主要发行人失败，这可能会侵蚀信任并促进传染，这会因缺乏适当监督的海上操作而进一步加剧。

To overcome such risks, Grachev highlighted a multi-pronged solution that prioritises real-time, on-chain proof-of-reserves, ideally short-duration U.S. Treasuries or central bank reserves. According to the managing partner, robust regulation is equally crucial to ensure strict fund segregation, transparent governance and smart contract audits.

为了克服此类风险，格拉切夫强调了一种多管齐下的解决方案，该解决方案优先考虑实时，链上的储物证明，理想的短期美国国库或中央银行储备。据管理合作伙伴称，强大的法规对于确保严格的基金隔离，透明治理和智能合同审核同样至关重要。

Finally, protocols should incorporate risk management features like automated circuit breakers and redemption throttling to manage outflows during stressed periods, preventing rapid destabilization, Grachev concluded.

最后，协议应纳入风险管理功能，例如自动断路器和赎回节流，以在压力期间管理流出，以防止快速稳定。

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