Stellar（XLM）Stablecoin市值飙升至3.438亿美元

这次激增强调了恒星在分散的金融（DEFI）生态系统中及其作为Stablecoin发行和跨境支付的领先平台的作用。

Stellar, the blockchain payment network often viewed as a competitor to Ripple, has reached a significant milestone with its stablecoin market supply reaching an all-time high of $343.68 million, according to data from DeFiLlama.

根据Defillama的数据，Stellar是区块链支付网络经常被视为波纹的竞争对手，其稳定的市场供应达到了一个重要的里程碑，其历史最高额为3.4368亿美元。

This surge showcases Stellar's growing dominance in the decentralized finance (DeFi) ecosystem and its role as a leading platform for stablecoin issuance and cross-border payments.

这次激增展示了恒星在分散的金融（DEFI）生态系统中及其作为Stablecoin发行和跨境支付的领先平台的作用。

Moreover, Stellar's focus on financial inclusion, especially in developing economies, has driven its adoption for remittances, micropayments, and DeFi applications.

此外，Stellar对金融包容性的关注，尤其是在发展中的经济体中，推动了其用于汇款，微付款和Fefi应用程序的采用。

This isn't a new trend, as data from November 2024 shows that stablecoin supply on Stellar has continuously risen, leading to this record-breaking milestone.

这不是一个新趋势，因为2024年11月的数据表明，Stablecoin供应不断增长，从而导致了这一创纪录的里程碑。

As Stellar continues to expand its presence in the blockchain ecosystem, investors are naturally asking: Will this momentum translate into a bullish run for XLM, the native cryptocurrency of the Stellar network?

随着Stellar继续扩大其在区块链生态系统中的存在，投资者自然会问：这种势头是否会转化为XLM的看涨跑步，这是恒星网络的本地加密货币？

Stellar's Expanding Footprint

Stellar的扩展足迹

The spike in stablecoin supply on Stellar highlights the network's growing capabilities for real-world asset (RWA) tokenization and efficient stablecoin-based transactions.

Stablecoin在恒星上供应的峰值突出了该网络对现实世界资产（RWA）令牌化的不断增长的能力和基于有效的Stablecoin的交易。

Stablecoins, such as USD Coin (USDC) and EUR Coin (EURC), are natively supported on Stellar, which leverages its high throughput of up to 1,000 transactions per second (TPS) and negligible transaction fees, as low as $0.0000006 per transaction.

稳定的硬币（USDC）和欧洲硬币（EURC）等稳定者在Stellar上得到了良好的支持，该公司利用其高达1,000笔交易（TPS）和可忽略的交易费用，低至0.000000006美元。

This makes Stellar an attractive platform for financial institutions and fintech firms seeking low-cost and high-speed payment solutions.

这使Stellar成为金融机构和金融科技公司寻求低成本和高速支付解决方案的有吸引力的平台。

Furthermore, Stellar's notable partnerships have boosted its ecosystem in recent years. The network is continuing to collaborate with corporations like IBM, through the World Wire project, and Franklin Templeton, which launched a tokenized U.S. Treasury fund on Stellar in 2021.

此外，近年来，Stellar的著名伙伴关系增强了其生态系统。该网络将继续与IBM这样的公司合作，通过世界电线项目和富兰克林·邓普顿（Franklin Templeton），该项目于2021年在Stellar上启动了一个令牌化的美国财政基金。

These developments demonstrate Stellar's appeal to institutional players. Additionally, the firm's integrations with Mastercard for stablecoin infrastructure and Circle for USDC and EURC issuance have solidified its position as a leader in the stablecoin industry.

这些事态发展表明了出色的吸引机构参与者。此外，该公司与MasterCard的Stablecoin基础架构和USDC和EURC发行的Circle的集成巩固了其作为Stablecoin行业领导者的地位。

Can This Record Propel XLM Price Upwards?

这个记录可以推动XLM价格上涨吗？

With network activity on Stellar surging to new highs, it's only natural for the spotlight to shift to XLM's price performance.

随着恒星的网络活动提高到新的高点，人们自然而然地转向XLM的价格性能。

While this record-breaking stablecoin supply is a bullish development for the Stellar ecosystem, its impact on XLM price remains largely uncertain.

尽管这种破纪录的稳定量供应是恒星生态系统的看涨发展，但其对XLM价格的影响仍然在很大程度上不确定。

At the time of writing, XLM is trading at $0.2623, with a 24-hour trading volume of $160.50 million and a market capitalization of $8.11 billion. It currently remains 71.95% below its all-time high of $0.9381, marked in January 2018.

在撰写本文时，XLM的交易价格为0.2623美元，交易量为1.605亿美元，市值为811亿美元。目前，它的历史最高额为0.9381美元，比2018年1月标记为0.9381美元。

Over the past month, XLM price has increased by 4.88%, but it has declined 7.56% in the past seven days, performing poorly compared to the broader cryptocurrency market, which is down just 1.10%, according to latest market data. Despite this, XLM has shown resilience over the longer term, posting a remarkable 136% increase over the past year.

在过去的一个月中，XLM价格上涨了4.88％，但在过去的七天中下降了7.56％，与广泛的加密货币市场相比，XLM价格的效果较差，该市场仅下降了1.10％。尽管如此，XLM在长期内表现出了弹性，在过去一年中张贴了136％的增长。

While increased stablecoin activity could drive demand for XLM, Stellar faces significant challenges in its broader adoption against its competition from other payment-focused blockchains like Ripple (XRP).

尽管增加的Stablecoin活动可能会推动对XLM的需求，但Stellar在其与其他针对支付的区块链（如Ripple（XRP））的竞争方面面临着重大挑战。

Specifically, Ripple has been making inroads in securing regulatory clarity and expanding its global footprint, posing a competitive threat to Stellar's ambitions.

具体而言，Ripple一直在确保监管清晰度和扩大其全球足迹，对Stellar的野心构成竞争威胁。

This makes it interesting to observe whether Stellar can capitalize on this milestone to drive broader adoption and, in turn, boost XLM price.

这使观察恒星是否可以利用这一里程碑来推动更广泛的采用，进而提高XLM价格是有趣的。

This will depend on sustained network growth, technical breakouts, and favorable market conditions.

这将取决于持续的网络增长，技术突破和有利的市场状况。