中国明代白银走上了货币化的道路,经过明末清初一段时期的变革,中国逐渐从单一本位货币体系过渡到银钱并行的双轨制货币体系下。折银钱的出现是这一过渡时期的产物。它最先出现在云南,在孙可望“废贝行钱”的过程中发挥了重要的作用,随后分别被永历政权、清政府及以吴三桂为首的三藩政权所采用,成为当时对应银荒、稳定银钱比价的重要工具, In the Ming Dynasty, China’s silver was on the path of monetization. After a period of change from the late Ming Dynasty and the early Qing Dynasty, China gradually shifted from a single standard monetary system to a two-track monetary system in which money and money were parallelized. The emergence of bankruptcy is the product of this transitional period. It first appeared in Yunnan and played an important role in Sun’s hopeful “waste money”, and was subsequently adopted by the Yongli regime, the Qing government and the San Francisco government led by Wu Sangui respectively, Shortage, an important tool for stabilizing the price of silver,