这次加密货币寒冬,可能会危及整个金融市场

华尔街见闻
Nov 27

本次加密货币市场寒冬已超越单纯的价格波动,正通过稳定币这一关键渠道对全球金融稳定构成直接威胁。在监管法案背书下迅猛扩张的稳定币,其背后是美国国债等传统金融资产,一旦发生挤兑将引发储备资产抛售,从而将加密市场的危机传导至全球金融体系核心。随着加密货币市场再度步入寒冬,不同于以往的周期性波动,本次下跌因为数字资产与主流金融体系的深度交织,正对更广泛的金融系统构成前所未有的威胁。这一风险的核心并不在于...

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