"这是最好的时代，也是最坏的时代。" 稳定币的崛起正让这句话有了最生动的注解。 做梦也想不到啊，稳如泰山的银行也会有灭顶之灾，数字货币和区块链这次真的是杀到老家了。 全球银行系统正在面临一场史无前例的墙角危机，原来我们是可以不需要有银行存在的。 本文将重点阐述稳定币在多地逆袭的现象，剖析其优势及对银行的影响，探讨巨头布局与未来金融秩序走向。 一、稳定币风暴：从阿根廷到非洲的 "逆袭" 在南美洲的阿根廷，经济的不稳定就像一场挥之不去的阴霾。 2022年，阿根廷的通货膨胀率如脱缰野马般飙升至100%以上，货币比索大幅贬值。 这种情况下，阿根廷民众对本国货币的信心降至冰点。 数据显示，仅仅在去年一年，阿根廷银行的储蓄就直接减少了20%。 这些钱都去哪儿了呢？答案是稳定币。 民众纷纷将存款从银行取出，转而投向稳定币的怀抱。 布宜诺斯艾利斯的一位小商人豪尔赫无奈地说："把钱存在银行，眼看着它一天天缩水，还不如换成稳定币，至少能保住一些价值。" 而在横跨欧亚大陆的土耳其，稳定币的身影已经深入到大街小巷。 在伊斯坦布尔的街头，卖烤肉的大叔阿里的摊位上摆着两种收款码，一种收里拉，另一种则收稳定币。 当顾客付款时，阿里总会热情 ...

Core Viewpoint - The U.S. financial industry is undergoing a historic transformation as major banks like JPMorgan Chase, Citigroup, and Bank of America announce their plans to enter the stablecoin business, marking a strategic response to the rise of fintech and the potential disruption of the dollar's dominance in global payments [1][3]. Group 1: Legislative Developments - The U.S. Senate passed the "STABLE Act," which establishes a framework for stablecoin issuance, requiring issuers to hold equivalent reserves in dollars or government bonds and to be subject to dual regulation by the Federal Reserve and the Office of the Comptroller of the Currency (OCC) [3]. - The act mandates transparency in asset reserves, and despite initial resistance from conservative members of the House, it is expected to be signed by the President soon [3]. Group 2: Bank Strategies - JPMorgan Chase's CEO Jamie Dimon emphasized the necessity for banks to engage in the stablecoin space to maintain their understanding of payment systems, while Citigroup is developing its own "Citi Stablecoin" focused on cross-border payment scenarios [3][4]. - Bank of America has confirmed that its stablecoin project is in substantial preparation, potentially advancing through industry collaboration [3][4]. Group 3: Market Dynamics - The rise of stablecoins poses a significant threat to traditional payment systems, with 98% of stablecoins pegged to the dollar and 80% of transactions occurring outside the U.S., creating a parallel payment network that bypasses the SWIFT system [3]. - Major stablecoin issuers like Tether and Circle hold $116 billion in U.S. Treasury bonds, positioning them among the top 20 holders of U.S. debt, surpassing some sovereign nations [3]. Group 4: Competitive Landscape - The competition is not merely technological but also a struggle for monetary sovereignty, as stablecoins attract major retailers like Amazon and Walmart to consider alternatives to traditional payment channels like Visa and Mastercard [4]. - JPMorgan has launched its institutional deposit token, JPMD, and plans to expand its use in cross-border trade settlements, while Citigroup aims to integrate stablecoins into supply chain finance through a closed-loop system [4]. Group 5: Future Outlook - Dimon noted that the future will see coexistence between banks and cryptocurrencies, with the key challenge being who will define the future standards of value exchange [5].