The Business Times
business-time-50
SUBSCRIBERS

从加密货币到商业：驾驭亚洲稳定币

需要一项审慎的策略，在利用其效率的同时，维护货币主权

google-preferred-sourceAdd BT as a preferred source
    • 稳定币利用自动化流动性池，能够以远低于当前水平的成本实现本地货币之间的直接兑换。
    • 稳定币利用自动化流动性池，能够以远低于当前水平的成本实现本地货币之间的直接兑换。 插图：FREEPIK

    Dong He

    Published Thu, Dec 18, 2025 · 07:00 AM

    本文由AI辅助翻译

    查看原文

    十多年来，加密资产领域一直以极端波动为特征：投机狂潮之后便是急剧的收缩。然而，在这些周期中，稳定币已成为一座创新的桥梁，连接着去中心化的加密生态系统与传统金融。

    随着美国近期通过《Genius法案》，全球格局正在发生变化。亚细安与中日韩宏观经济研究办公室（Amro）在其最新的政策文件《稳定币：对亚细安与中日韩地区的影响》中，抛开新闻头条，提出了一个根本性问题：这项技术是我们金融架构的一次可行演进，还是仅仅对货币主权构成风险？

    答案取决于我们监管应对的严谨程度，也在于我们选择如何构建未来。

    此翻译对您是否有帮助？

    StablecoinstokenisationFinancial system

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

    LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More