{"id":1328,"date":"2025-07-03T17:29:19","date_gmt":"2025-07-03T09:29:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=1328"},"modified":"2025-07-03T17:29:19","modified_gmt":"2025-07-03T09:29:19","slug":"%e7%8e%b0%e6%9c%89%e7%a8%b3%e5%ae%9a%e5%b8%81%e6%a8%a1%e5%9e%8b%e7%9a%84%e9%97%ae%e9%a2%98","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=1328","title":{"rendered":"\u73b0\u6709\u7a33\u5b9a\u5e01\u6a21\u578b\u7684\u95ee\u9898"},"content":{"rendered":"
\u81ea Tether \u63a8\u51fa\u9996\u4e2a\u4ee5\u7f8e\u5143\u652f\u6301\u7684\u52a0\u5bc6\u6570\u5b57\u8d27\u5e01\u4ee5\u6765\uff0c\u5df2\u7ecf\u8fc7\u53bb\u4e86\u5341\u5e74\u3002\u81ea\u90a3\u65f6\u8d77\uff0c\u7a33\u5b9a\u5e01\u5df2\u6210\u4e3a\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u6700\u5e7f\u6cdb\u91c7\u7528\u7684\u4ea7\u54c1\u4e4b\u4e00\uff0c\u76ee\u524d\u5e02\u503c\u63a5\u8fd1 1800 \u4ebf\u7f8e\u5143\u3002\u5c3d\u7ba1\u53d6\u5f97\u4e86\u5982\u6b64\u663e\u8457\u7684\u589e\u957f\uff0c\u4f46\u7a33\u5b9a\u5e01\u4ecd\u9762\u4e34\u591a\u6311\u6218\u548c\u9650\u5236\u3002<\/p>\n
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\u4e00\u3001\u7a33\u5b9a\u5e01 = \u503a\u52a1<\/strong><\/p>\n \u5728\u6df1\u5165\u8ba8\u8bba\u4e4b\u524d\uff0c\u8ba9\u6211\u4eec\u5148\u4ecb\u7ecd\u4e00\u4e9b\u57fa\u7840\u77e5\u8bc6\uff0c\u4ee5\u4fbf\u66f4\u597d\u5730\u7406\u89e3\u7a33\u5b9a\u5e01\u7684\u542b\u4e49\u3002<\/p>\n \u51e0\u5e74\u524d\uff0c\u5f53\u6211\u5f00\u59cb\u7814\u7a76\u7a33\u5b9a\u5e01\u65f6\uff0c\u66fe\u5bf9\u4eba\u4eec\u5c06\u5176\u63cf\u8ff0\u4e3a\u503a\u52a1\u5de5\u5177\u611f\u5230\u56f0\u60d1\u3002\u4f46\u5f53\u6211\u6df1\u5165\u7814\u7a76\u5f53\u524d\u91d1\u878d\u4f53\u7cfb\u4e2d\u8d27\u5e01\u662f\u5982\u4f55\u521b\u9020\u65f6\uff0c\u6211\u5f00\u59cb\u660e\u767d\u4e86\u8fd9\u4e00\u70b9\u3002<\/p>\n 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1\uff1a\u901a\u8fc7\u989d\u5916\u8d37\u6b3e\u521b\u9020\u8d27\u5e01<\/p>\n \u8d44\u6599\u6765\u6e90\uff1a\u300a\u73b0\u4ee3\u7ecf\u6d4e\u4e2d\u7684\u8d27\u5e01\u521b\u9020\u300b\uff08\u82f1\u683c\u5170\u94f6\u884c\uff09<\/p>\n \u7a33\u5b9a\u5e01\u7684\u8fd0\u4f5c\u65b9\u5f0f\u6709\u4e9b\u7c7b\u4f3c\u3002\u7a33\u5b9a\u5e01\u662f\u5728\u53d1\u884c\u65b9\u53d1\u653e\u8d37\u6b3e\u65f6\u521b\u5efa\u7684\uff0c\u5e76\u901a\u8fc7\u501f\u6b3e\u4eba\u7684\u8fd8\u6b3e\u800c\u88ab\u9500\u6bc1\u3002\u50cf Tether \u548c Circle \u8fd9\u6837\u7684\u4e2d\u5fc3\u5316\u53d1\u884c\u65b9\u4f1a\u94f8\u9020\u4ee3\u5e01\u5316\u7684\u7f8e\u5143\uff08Tokenized USD\uff09\uff0c\u8fd9\u4e9b\u7f8e\u5143\u672c\u8d28\u4e0a\u662f\u57fa\u4e8e\u501f\u6b3e\u4eba\u5b58\u5165\u7684\u7f8e\u5143\u5b58\u6b3e\u800c\u53d1\u884c\u7684\u6570\u5b57\u501f\u636e\uff08IOU\uff09\u3002\u800c DeFi \u534f\u8bae\uff08\u5982 MakerDAO \u548c 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Morgan, JPM) \u62e5\u6709\u4e00\u4e2a\u8d26\u6237\u3002\u867d\u7136\u7f8e\u56fd\u7684\u5b98\u65b9\u8d27\u5e01\u662f\u7f8e\u5143 (USD)\uff0c\u4f46\u8be5\u8d26\u6237\u4f59\u989d\u5b9e\u9645\u4e0a\u4ee3\u8868\u4e86\u4e00\u79cd\u94f6\u884c\u7968\u636e\uff0c\u6211\u4eec\u53ef\u4ee5\u5c06\u5176\u79f0\u4e3a jpmUSD<\/strong>\u3002<\/p>\n \u5982\u524d\u6240\u8ff0\uff0cjpmUSD \u901a\u8fc7 JPM \u4e0e\u592e\u884c\u7684\u534f\u8bae\u4ee5 1:1 \u7684\u6bd4\u4f8b\u4e0e\u7f8e\u5143\u6302\u94a9\u3002\u4f60\u53ef\u4ee5\u5c06 jpmUSD \u5151\u6362\u6210\u5b9e\u7269\u73b0\u91d1\uff0c\u4e5f\u53ef\u4ee5\u5728\u94f6\u884c\u7cfb\u7edf\u5185\u4ee5 1:1 \u7684\u6c47\u7387\u5c06\u5176\u4e0e\u5176\u4ed6\u94f6\u884c\u7684\u7968\u636e\uff08\u5982 boaUSD \u6216 wellsfargoUSD\uff09\u4e92\u6362\u4f7f\u7528\u3002<\/p>\n \u56fe 5\uff1a\u8d27\u5e01\u7b49\u7ea7\u7ed3\u6784\u7684\u793a\u610f\u56fe<\/p>\n \u8d44\u6599\u6765\u6e90\uff1a#4 | \u8d27\u5e01\u5206\u7c7b\uff1a\u4ece\u4ee3\u5e01\u5230\u7a33\u5b9a\u5e01\uff08Dirt 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USDC\uff09\u53ef\u4ee5\u88ab\u63cf\u8ff0\u4e3a\u8fd9\u4e00\u7b49\u7ea7\u7ed3\u6784\u4e4b\u4e0a\u7684\u65b0\u5c42\u3002\u5b83\u4eec\u4fdd\u7559\u4e86\u94f6\u884c\u5e01\u548c\u4ee3\u5e01\u7684\u57fa\u672c\u7279\u8d28\uff0c\u540c\u65f6\u589e\u52a0\u4e86\u533a\u5757\u94fe\u7f51\u7edc\u7684\u4f18\u52bf\u4ee5\u53ca\u4e0e DeFi \u5e94\u7528\u7a0b\u5e8f\u4e92\u64cd\u4f5c\u6027\u7684\u4f18\u52bf\u3002\u867d\u7136\u5b83\u4eec\u5145\u5f53\u73b0\u6709\u8d27\u5e01\u5806\u6808\u4e4b\u4e0a\u7684\u589e\u5f3a\u578b\u652f\u4ed8\u8f68\u9053\u5c42\uff0c\u4f46\u5b83\u4eec\u4ecd\u7136\u4e0e\u4f20\u7edf\u94f6\u884c\u7cfb\u7edf\u7d27\u5bc6\u76f8\u8fde\uff0c\u56e0\u6b64\u5e26\u6765\u4e86\u4ea4\u6613\u5bf9\u624b\u98ce\u9669\u3002<\/p>\n \u4e2d\u5fc3\u5316\u7a33\u5b9a\u5e01\u53d1\u884c\u65b9\u901a\u5e38\u5c06\u5176\u50a8\u5907\u6295\u8d44\u4e8e\u5b89\u5168\u4e14\u6d41\u52a8\u6027\u5f3a\u7684\u8d44\u4ea7\uff0c\u5982\u73b0\u91d1\u548c\u77ed\u671f\u7f8e\u56fd\u653f\u5e9c\u8bc1\u5238\u3002\u867d\u7136\u4fe1\u7528\u98ce\u9669\u8f83\u4f4e\uff0c\u4f46\u7531\u4e8e\u53ea\u6709\u4e00\u5c0f\u90e8\u5206\u94f6\u884c\u5b58\u6b3e\u7531\u8054\u90a6\u5b58\u6b3e\u4fdd\u9669\u516c\u53f8 (FDIC) \u627f\u4fdd\uff0c\u56e0\u6b64\u4ea4\u6613\u5bf9\u624b\u98ce\u9669\u8f83\u9ad8\u3002<\/p>\n \u56fe 6\uff1aSVB \u5d29\u76d8\u671f\u95f4\u7a33\u5b9a\u5e01\u4ef7\u683c\u7684\u6ce2\u52a8<\/p>\n \u8d44\u6599\u6765\u6e90\uff1a\u300a\u7a33\u5b9a\u5e01\u4e0e\u4ee3\u5e01\u5316\u5b58\u6b3e\uff1a\u5bf9\u8d27\u5e01\u5355\u4e00\u6027\u7684\u5f71\u54cd\u300b\uff08BIS\uff09<\/p>\n \u4f8b\u5982\uff0c\u5728 2021 \u5e74 Circle \u5728\u53d7\u76d1\u7ba1\u91d1\u878d\u673a\u6784\u6301\u6709\u7684\u7ea6 100 \u4ebf\u7f8e\u5143\u73b0\u91d1\u4e2d\uff0c\u53ea\u6709 175 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\u867d\u7136\u8fd9\u662f\u671d\u7740\u6b63\u786e\u65b9\u5411\u8fc8\u51fa\u7684\u4e00\u6b65\uff0c\u4f46\u8fd9\u4e5f\u4fc3\u4f7f\u53d1\u884c\u65b9\u5927\u5e45\u524a\u51cf\u8d39\u7528\uff0c\u4ee5\u83b7\u53d6\u66f4\u5927\u7684\u5e02\u573a\u4efd\u989d\u3002\u5f53\u6211\u5ba1\u67e5 Spark Tokenization Grand Prix \u7684\u4ee3\u5e01\u5316\u8d27\u5e01\u5e02\u573a\u57fa\u91d1\u63d0\u6848\u65f6\uff0c\u8fd9\u79cd\u6536\u76ca\u4e89\u593a\u6218\u7684\u6fc0\u70c8\u7a0b\u5ea6\u663e\u800c\u6613\u89c1\u3002Spark Tokenization Grand Prix \u65e8\u5728\u6574\u5408 10 \u4ebf\u7f8e\u5143\u7684\u4ee3\u5e01\u5316\u91d1\u878d\u8d44\u4ea7\u4f5c\u4e3a MakerDAO \u7684\u62b5\u62bc\u54c1\u3002<\/p>\n 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