【摘要】 农村金融需求结构性升级与传统信用机制局限性矛盾，凸显乡土信任金融化转型的迫切性。研究基于扎根理论，系统整合2015—2025年政策文本、公开访谈记录及权威媒体报道，运用三角验证构建“差序信用圈”理论模型，剖析乡土信任在农村信贷实践中扩散路径与金融化转型逻辑。研究发现，传统血缘与地缘信任构成农村信贷内在根基，在信息不对称环境中长期发挥“稳定器”作用，而技术介入与规则强化推动信任从情感约束向制度化嵌入演进。模型揭示“信任结构层级性”“制度工具嵌入”“技术赋能信任转换”在“乡土关系网络调节”作用下，共同构建起乡村振兴新型信用治理体系，并提出技术与制度工具整合乡土信任资源金融协同路径，为构建更具包容性的农村金融体系提供理论支撑与政策启示，助力破解农村金融“双重脱嵌”困境，促使传统信任结构与现代金融逻辑深度融合。更多还原

【Abstract】 The contradiction between the structural upgrading of rural financial demand and the limitations of traditional credit mechanism highlights the urgency of the financialization transformation of local trust.Based on the grounded theory, this paper systematically integrated the policy texts, public interview records and authoritative media reports from 2015 to 2025, constructs the theoretical model of "differential order credit circle" by using triangulation, and analyzes the diffusion path and financialization transformation logic of local trust in rural credit practice.The study found that traditional kinship and territorial trust constituted the internal foundation of rural credit and played a "stabilizer" role in the information-asymmetry environment for a long time, while technological intervention and rule strengthening promoted the evolution of trust from emotional constraint to institutionalized embedding.The model revealed that "trust structure hierarchy", "institutional tool embedding" and "technology-enabled trust transformation" jointly construct a new credit governance system for rural revitalization under the regulation of "local relationship network". It also puts forward the financial synergy path of integrating local trust resources with technology and institutional tools, provides theoretical support and policy implications for the construction of a more inclusive rural financial system, helps to solve the dilemma of rural finance’s "double disembedding", and promotes the deep integration of traditional trust structure and modern financial logic.更多还原