稳定币：数字支付的未来

稳定币是一种数字货币，旨在使加密货币交易更加实用。大多数稳定币都与美元或欧元等法定货币挂钩。

Stablecoins are a type of digital currency designed to make transacting with crypto more practical. Most stablecoins are pegged to a fiat currency like USD or EUR. Because of this, stablecoins have acted as a gateway into using blockchain and digital assets for payments amongst users concerned with cryptocurrency price volatility.

稳定币是一种数字货币，旨在使加密货币交易更加实用。大多数稳定币都与美元或欧元等法定货币挂钩。因此，稳定币已成为关注加密货币价格波动的用户使用区块链和数字资产进行支付的门户。

Like many digital assets, stablecoins can provide broad, inclusive access to the financial system, and enable the fast and efficient movement of value. In 2022, fiat backed stablecoins transacted $6.87T, eclipsing both Mastercard and PayPal in terms of moving value across networks.

与许多数字资产一样，稳定币可以提供广泛、包容的金融体系准入，并实现价值的快速高效流动。 2022 年，法币支持的稳定币交易额为 6.87T 美元，在跨网络转移价值方面超过了万事达卡和 PayPal。

Using stablecoins for payments combines the benefits of blockchain technology — namely greater security, transparency, cost efficiency, and speed — with the trust and familiarity of traditional fiat or local currency.

使用稳定币进行支付结合了区块链技术的优势——即更高的安全性、透明度、成本效率和速度——与传统法定货币或当地货币的信任和熟悉度。

As demand for stablecoins grows, particularly as cash use experiences a historic low, more individuals and businesses are considering these assets as payment alternatives. The number of Americans who say they did not use cash to make a purchase in a typical week is now 41%, up from 29% in 2018. Business owners are increasingly finding the switch to stablecoin payments advantageous, noting rising consumer demand, faster checkouts, lower labor costs and increased security.

随着稳定币需求的增长，特别是现金使用量创下历史新低，越来越多的个人和企业正在考虑将这些资产作为支付替代品。表示每周不使用现金购物的美国人人数目前为 41%，高于 2018 年的 29%。越来越多的企业主发现转向稳定币支付具有优势，他们注意到消费者需求不断增长，结账速度更快，降低劳动力成本并提高安全性。

The trend towards stablecoin use is driven by the benefits of blockchain technology that add improvement over credit-card and other traditional payment types.

稳定币使用的趋势是由区块链技术的优势推动的，区块链技术比信用卡和其他传统支付类型有所改进。

Stablecoins reduce the role of intermediaries in the current financial system and support direct transactions between merchants and consumers, reducing intermediary costs. Because stablecoins are cryptographically secure, users can settle transactions almost instantaneously without double-spending or other problematic settlement facilitation.

稳定币减少了当前金融体系中中介机构的作用，支持商家和消费者之间的直接交易，降低了中介成本。由于稳定币具有加密安全性，因此用户几乎可以即时结算交易，而不会出现双重支出或其他有问题的结算便利。

Because stablecoins are built on distributed ledger technology, they offer programmability to payments via smart contracts which can inspire useful product or service innovation and link the traditional Web2 economy with the future of finance—Web3.

由于稳定币建立在分布式账本技术的基础上，因此它们通过智能合约提供了支付的可编程性，这可以激发有用的产品或服务创新，并将传统的 Web2 经济与未来的金融 — Web3 连接起来。

Adoption of new digital payment methods offers significant benefits to customers and society: improved efficiency, greater competition, expanded financial inclusion, and innovation.

采用新的数字支付方式可以为客户和社会带来显着的好处：提高效率、增强竞争、扩大金融包容性和创新。

The fiat-backed stablecoin market cap today is over $100 billion. While the stablecoin market is still largely dominated by a couple incumbents—namely Circle’s USDC and Tether’s USDT—newer stablecoin issuers like PayPal (PYUSD) and Ripple (RLUSD) have more recently come onto the scene with USD-backed stablecoins.

如今，法定支持的稳定币市值已超过 1000 亿美元。虽然稳定币市场仍然主要由几家现有企业主导，即 Circle 的 USDC 和 Tether 的 USDT，但 PayPal (PYUSD) 和 Ripple (RLUSD) 等较新的稳定币发行商最近也推出了美元支持的稳定币。

Ripple USD is purpose-built for payments, designed to maintain a constant value of one US dollar. It is fully backed by a segregated reserve of cash and cash equivalents, and is redeemable 1:1 for US dollars. RLUSD is issued on the XRP Ledger and Ethereum blockchains, enabling instant payouts and easy fiat-stablecoin on/off ramps. For exchanges, remittance and money transfer providers, or payment service providers (PSPs) that want to hold, buy and trade USD on-chain, RLUSD provides fast settlement, multi-chain issuance, and programmable finance—opening up a whole new world of use cases and revenue streams.

Ripple USD 专为支付而设计，旨在保持一美元的恒定价值。它完全由独立的现金和现金等价物储备支持，并且可以 1:1 兑换为美元。 RLUSD 在 XRP Ledger 和以太坊区块链上发行，可实现即时支付和轻松的法定稳定币进出。对于想要在链上持有、购买和交易美元的交易所、汇款和转账提供商或支付服务提供商（PSP）来说，RLUSD 提供快速结算、多链发行和可编程金融——开辟了一个全新的世界用例和收入流。

Ripple USD is built with regulatory compliance as a defining feature, bringing with it an opportunity for developers, payment providers, exchanges and others to benefit from the stability and transparency Ripple is uniquely able to provide. With over a decade of experience at the intersection of crypto and finance, and a proven track record working with regulators and policymakers across the globe, Ripple is accelerating the digital asset economy with RLUSD.

Ripple USD 的构建以监管合规性为定义特征，为开发者、支付提供商、交易所和其他方带来了从 Ripple 独特的稳定性和透明度中受益的机会。凭借在加密货币和金融领域十多年的经验，以及与全球监管机构和政策制定者合作的良好记录，Ripple 正在通过 RLUSD 加速数字资产经济的发展。

On-trend with the rest of the global crypto industry, regulation of this new asset class has already begun to take shape, and tends to merit more political support than crypto regulation more broadly. Stablecoin regulation is quickly progressing across the globe, from North America and Europe to Asia, and more recently, the UAE.

与全球加密行业其他领域的趋势一样，对这一新资产类别的监管已经开始形成，并且往往比更广泛的加密监管更值得获得更多的政治支持。从北美、欧洲到亚洲，以及最近的阿联酋，稳定币监管正在全球范围内迅速进展。

The U.S. is witnessing regulatory progress with recent bipartisan support for the 'Clarity of Payments Stablecoin Act'. If passed, the legislation could unlock stablecoin innovation led by private players in the blockchain industry, allowing anyone with consumer distribution (social, commerce, finance) to partner with a regulated stablecoin issuer.

随着最近两党对“支付稳定币法案”的支持，美国正在见证监管方面的进展。如果通过，该立法可以释放区块链行业私人参与者主导的稳定币创新，允许任何拥有消费者分销（社会、商业、金融）的人与受监管的稳定币发行人合作。