Monga opanga malamulo akuthamangitsira dongosolo la federal stablecoins mkati mwa US, ngodya zabizinesi ya crypto zitha kukumana mwachangu ndi omwe akupikisana nawo kuchokera ku Uber ndi Meta.
Wapampando wa Komiti ya Senate Banking Tim Scott (R-SC) analumbira mwezi uno {kuti} stablecoin invoice, yotchedwa GENIUS Act, idzaperekedwa ndi chipinda chilichonse cha Congress ndikusaina kuti ikhale yolamulira m'masiku 100 oyambirira a ulamuliro wa Purezidenti Donald Trump.
Chifukwa ma invoice ali ndi mphamvu, alangizi ena amati bizinesiyo ingakhalenso pamphambano. Pomwe muyesowu ukadapereka koyamba njira yovomerezeka kwa zimphona zazikulu za stablecoin ngati Tether ndi Circle, mwinanso zitha kutulutsa opikisana nawo ambiri.
Ndondomeko ya feduro ingalimbikitse mabungwe ambiri kuti alowe mumsika wa stablecoin wa $ 233 biliyoni, malinga ndi Niklas Kunkel, tate woyambitsa wa blockchain oracle builder Chronicle Labs. Osachepera, mabungwe ambiri aziganizira zomwe stablecoins ali nazo, adatero. Chotsani.
"Lamuloli likangodutsa, pakhala makampani 10,000 omwe akuyang'ana izi," adatero Kunkel. "Ndikanakulitsa izi kupitilira makampani olipira komanso opereka katundu. […] Mutha kuphatikiza makampani aukadaulo: Amazons, Ubers, Metas ndi Googles adziko lapansi."
Pakati pamakampani omwe ali ndi chidwi, Kunkel adabetcherana 1,000 aiwo adzatulutsa stablecoin mchaka chotsatira kuti malamulo a stablecoin aperekedwa. M'malo motengera stablecoin yomwe ilipo ngati Circle's USDC, Kunkel adati makampani adzalimbikitsidwa kuti atulutse zofanana zawo.
"Angakonde ogwiritsa ntchito awo kuti agwiritse ntchito dzina lawo la stablecoin chifukwa atha kupanga zokolola pazosungira zomwe zili pansi," adatero. "Akhozanso kukhala ndi zilembo zoyera."
Mwachitsanzo stablecoin zolembedwa zoyera, Kunkel analoza Paxos. Kampaniyo itangotulutsidwa kumene a Binance-brand stablecoin imadziwika kuti BUSD, pomwe ikusangalala ndi malo apakati pa PayPal's stablecoin foray chifukwa wopereka PayPal USD (PYUSD).
Monga chuma cha digito chimayikidwa pamtengo wa fiat forex, monga chifukwa US greenback, stablecoins nthawi zina zimathandizidwa ndi nkhokwe zandalama ndi US Treasuries zomwe zimapanga zokolola. Mu gawo lachinayi la Coinbase, kampaniyo idawulula ndalama zokwana $224 miliyoni kuchokera ku katundu wothandizira USDC.
Madzi oundana osungunuka
ku rzotumiza zowululidwa ndi S&P International Rankings Lachitatu adapeza kuti lamulo la GENIUS lithandizira kukhazikitsidwa kwa ndalama zokhazikika ku US.
Mu Novembala, CEO wa Paxos Charles Cascarilla analemba m'kalata yopita kwa a Trump ndi Wachiwiri kwa Purezidenti Kamala Harris - yemwe panthawiyo anali woyimira pulezidenti wa Democratic - kuti njira ina yaku America yogwiritsa ntchito ndalama za stablecoins idalepheretsedwa mpaka pano ndi "zitsanzo zosawerengeka zakuphwanya malamulo."
Ngakhale mabungwe ngati BlackRock apereka ndalama zamsika zomwe zimafanana ndi stablecoins, akatswiri a S&P adalemba {kuti} kusowa kwa malamulo ndi kuyang'anira kwalepheretsa kukhazikitsidwa kwawo kwakukulu m'magawo ngati ndalama zanthawi zonse.
Chronicle Labs ikupanga gulu la anthu mawu, zomwe zimalola kuti blockchains agwirizane ndi kunja, magwero a chidziwitso cha mawu enieni. M'mbuyomu asanayambe bungwe lochokera ku Switzerland, Kunkel adagwira ntchito kwa zaka 5 ku MakerDAO, ndondomeko yobwereketsa yokondedwa kumbuyo kwa stablecoin DAI. (MakerDAO yasinthanso kukhala Sky ndikusintha DAI ndi USDS.)
Kunkel anali m'gulu la anthu ogwira ntchito ku MakerDAO pamene gululo linayamba ku 2017. Ndipo pamlingo uwu, kupanga chinthu chimodzi chofanana ndi bungwe la zachuma ndikugwira ntchito pazitsulo za stablecoin ndizotheka, adatero. Chotsatira chotsatira chiyenera kukwaniritsidwa.
"Mukangotenga boma, chilichonse chimayamba kuyenda pang'onopang'ono," adatero. "Mlingo womwe iceberg umasungunuka ukuwonetsa momwe tingayang'anire mtsogolo tisanazindikire izi."
Pamene PayPal idakhazikitsa stablecoin yake mu 2023, bungweli Atauzidwa kutsutsidwa ndi Rep. Maxine Waters (D-CA), mkulu wa Democrat pa Home of Representatives Monetary Providers Committee.
Ananenanso kuti "kuyang'anira Federal ndi kulimbikitsa ntchito zake za stablecoin ndikofunikira," akuwonetsa kukhudzidwa kwakukulu kuti ndalama zazikulu zidasuntha lisanapereke dongosolo.
Pamapeto pake, malamulo a stablecoin atha kuphatikizira machitidwe azandalama aku US ndi ndalama za crypto zomwe zikuchulukirachulukira, kapena DeFi, panorama, molingana ndi kuwunika kwa S&P.
"Malingaliro athu, ntchito ya stablecoins idzapitirizabe kusinthika ndipo pamapeto pake ingapangitse kuti pakhale mgwirizano pakati pa ndalama zachikhalidwe ndi zachuma," iwo analemba.
Yosinthidwa ndi James Rubin
