UThomas Daniels
I-Coinbase iye yabuyisela umva ngokuchasene namabango okuba i-stablecoins ikhupha iidiphozithi zebhanki zase-US, igxotha ingcamango "yokukhukuliseka kwediphozithi" njengentsomi engenasiseko. Kwingxelo epapashwe ngoLwesibini, utshintshiselwano lwe-crypto lubonise ukuba akukho bungqina obudibanisa ukwamkelwa kwe-stablecoin kwi-systemic outflow ye-deposit deposits, ngokukodwa kwinqanaba lebhanki yoluntu.
I-Stablecoins ziZixhobo zeNtlawulo, hayi iiAkhawunti zoLondolozo
Inkampani igxininise ukuba i-stablecoins isebenza njengezixhobo zokuthengiselana, kungekhona izithuthi zokulondoloza. Ngokutsho kweCoinbase, ukuthenga i-stablecoins-njengokuhlawula ababoneleli bangaphandle-akubandakanyi ukuhoxiswa kweediphozithi kwiibhanki kodwa kunoko kubonisa utshintsho kwiintlawulo zamazwe ngamazwe ngokukhawuleza nangempumelelo.
Coinbase kwakhona wathatha umba kunye nengxelo US Treasury yokuboleka Advisory Committee ukuba iqikelelo ukuya kuthi ga kwi-6 yeebhiliyoni zeerandi kwi-deposit flight enokubakho ngo-2028, nangona kuqikelelwa ubungakanani stablecoin market nje $2 yetriliyoni. Inkampani igxeke uqikelelo njengemathematika engahambelani kwaye ibaxiwe kububanzi.
Ukusetyenziswa kweGlobalcoins ye-Stablecoins Yomeleza ukuLawulwa kweDola
I-Coinbase igxininise ukuba uninzi lwemisebenzi ye-stablecoin yenzeka ngaphandle kwe-United States, ngakumbi kwimimandla eneenkqubo zezemali ezingaphuhliswanga ezifana ne-Asia, i-Latin America kunye ne-Afrika. Ngo-2024, ngaphezu kwesiqingatha se-2 yeetriliyoni zeedola kwiintengiselwano ze-stablecoin zenzeka kumazwe angaphandle.
Ngenxa yokuba uninzi lwee-stablecoins ezikhokelayo zixhomekeke kwidola yaseMelika, ukwamkelwa kwazo kwihlabathi liphela komeleza imeko yedola yamazwe ngamazwe. Kunokuba kujongelwe phantsi uzinzo lwemali yasekhaya, uCoinbase uthi, ukusetyenziswa kwee-stablecoins ezixhaswa yidola kumazwe angaphandle kwandisa impembelelo yemali yaseMelika ngaphandle kokuphazamisa ukufumaneka kwetyala ekhaya.
Iibhanki zijongene nokhuphiswano, hayi izoyikiso
I-Coinbase yaqulunqa ingxoxo malunga nokhuphiswano kunokuba ibe yingozi, ichaza ukuba iibhanki zivelisa malunga ne-187 yeebhiliyoni zeedola ngonyaka ukusuka kwimirhumo yekhadi lokuswayipha-indawo apho i-stablecoins inikezela ngeendleko eziphantsi. Ifemu iphakamise ukuba ukusungula izinto ezintsha, hayi ummiselo, kufuneka kube yimpendulo yecandelo lezemali.
Ukulandela ukupasa koMthetho wokuKhokela kunye nokuSeka i-National Innovation ye-US Stablecoins Act (uMthetho we-GENIUS), inkampani yabona ukuba amaxabiso ezabelo zombini iifemu ze-crypto kunye neebhanki zenyuka ngokuhambelana-umqondiso, uthi, ukuba omabini amashishini anokuphumelela ngaxeshanye.
Nangona kunjalo, amaziko ebhanki emveli aye aphembelela abenzi bomthetho ukuba bavale izithuba zolawulo kuMthetho we-GENIUS onokuvumela iifemu ze-crypto okanye amaqonga adibeneyo ukuba anike isivuno esifana nenzala kwi-stablecoins. Imibutho yoshishino lwe-Crypto ibongoze iCongress ukuba izikhabe ezi zindululo, ilumkisa ukuba ziya kunqanda ukuvela kwezinto ezintsha kwaye zimilisele inzuzo yokukhuphisana kwiibhanki ezibambeleyo.
Iimpembelelo zoBuchule kwezeMali
Impendulo ye-Coinbase ibonisa ulwahlulo olubalulekileyo kwindlela abalawuli kunye nabathathi-nxaxheba beemarike bajonga ngayo imali yedijithali. Kwelinye icala, iibhanki zilumkisa ngomngcipheko wenkqubo kunye ne-arbitrage elawulayo. Ngakolunye uhlangothi, iifemu ze-crypto zithetha ukuba amaziko akhoyo ayesaba ukhuphiswano kwaye asebenzisa umgaqo wokugcina ukulawulwa kweemarike.
Umzila wexesha elide lokwamkelwa kwe-stablecoin kuya kuxhomekeka kwindlela izikhokelo zokulawula zilungelelanisa ngayo izinto ezintsha kunye nokunciphisa umngcipheko. Ingxoxo ekhoyo ngoku ekugqibeleni inokuphinda imise kwakhona kungekuphela nje ishishini leentlawulo kodwa kunye nendima yedola yaseMelika kwizimali zehlabathi.
