以下文章授权转载自公众号： 通俗解释 ，作者 谢幺。 俗解释 ，作者 谢幺。 有粉丝私信让我聊聊「稳定币」。 以下文章来源于通俗解释 ，作者谢幺 通俗解释 . 最终解释权归通俗所有 我猜可能是因为两个事，让大家最近关注这个东西： 一是《香港稳定币条例》即将在8月1日生效，听说蚂蚁集团和京东金融已经赶着去申请稳定币牌照了。 （点击↑↑ 上图查看路演详情 ）以下文章授权转载自公众 号： 通 我觉得要想真正理解 「稳定币」 ，肯定得知道，这玩意儿最开始是怎么流行起来的。 二是美国有一家做稳定币生意的公司最近上市了，股价蹭蹭涨。（可参考： 稳定币站上最强风口！5股获机构持仓超50亿！最新机构持仓曝光！ ） 所以大家就好奇：稳定币到底是什么？或者说，是个什么生意。（ 点此一键查看路演 ） 在2017年9月4日之前，一个中国的普通老百姓想买到加密货币，难度就跟充话费差不多。 只要在加密货币交易所的App里支付一笔钱，立刻就可以得到对应价值的币。 也正因为这个操作太简单，很多老百姓甚至大爷大妈都被忽悠买币。 2017年前后，各路牛鬼蛇神都跑出来发行加密货币，什么鸡币、牛币、马币、屎币、傻币，各路山寨币冒出来，挂到交易所里卖 ...

Group 1 - The core point of the article is the growing interest in stablecoins due to the upcoming implementation of the Hong Kong Stablecoin Regulation and the recent IPO of a stablecoin company in the US, which has seen its stock price rise significantly [1][2][90]. - Stablecoins are a type of cryptocurrency that is pegged to a fiat currency, providing stability in value, which has led to their increased adoption in the cryptocurrency market [49][55][66]. - The emergence of stablecoins was driven by the need for a reliable medium of exchange in the cryptocurrency space, especially after regulatory crackdowns on direct fiat-to-crypto transactions [66][94]. Group 2 - The article discusses the historical context of stablecoins, noting that they gained popularity after 2017 when traditional fiat channels for purchasing cryptocurrencies were restricted [66][94]. - The lack of regulatory oversight initially allowed for rapid expansion of stablecoin issuance, leading to concerns about the adequacy of reserves backing these coins [71][73]. - Recent enforcement actions against stablecoin issuers highlight the need for clearer regulations to ensure compliance and protect investors [82][86]. Group 3 - The article mentions that large institutions are now investing in cryptocurrencies and require stablecoins for transactions, emphasizing the importance of regulatory clarity for their participation [88][90]. - The Hong Kong Stablecoin Regulation is seen as a significant step towards legitimizing stablecoins as a financial service, encouraging more companies to engage in the market [94][97]. - There is speculation that stablecoins could play a role in alleviating the US debt crisis by indirectly supporting the purchase of US Treasury bonds through their backing [99][102].