中信建投:穩定幣穩健發展,中長期看可彌閤中心化信用貨幣和數字貨幣的分裂
中信建投表示,近年越來越多支付逃離美元主導的中心化貨幣體系,躲避到數字支付體系中(如比特幣)。穩定幣是兼具中心化和數字化貨幣特徵的“雙面”貨幣。旨在促進穩定幣發展的政策,需圍繞強化穩定幣的穩定機制展開:增強市場對穩定幣的“信任共識”。這也是近期穩定幣監管政策的落腳點。僅看眼下穩定幣和美元美債總規模對比,推動穩定幣發展,短期內無法對美元和美債帶來大規模增持資金。中長期維度,穩定幣穩健發展,首先可令法幣(例如美元)搭乘比特幣市值擴容的便車;其次還可令法幣套上一層穩定幣的數字外衣,彌閤中心化信用貨幣和數字貨幣的分裂。
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