Coinbase，Trump Stablecoin和陰謀的耳語：有什麼交易？

謠言在Coinbase，由特朗普支持的Stablecoin和潛在的市場操縱周圍旋轉。讓我們打破主張，反訴以及對加密貨幣世界的含義。

The crypto world is buzzing with a spicy mix of rumors involving Coinbase, a potential Trump-backed stablecoin, and allegations of behind-the-scenes maneuvering. Is there any truth to these claims? Let's dive in.

加密世界嗡嗡作響，涉及Coinbase，潛在的特朗普支持的Stablecoin以及對幕後動作的指控，涉及Coinbase，涉及Coinbase的辣味。這些主張有什麼事嗎？讓我們潛水。

The Allegations: Coinbase, Trump, and Binance

指控：Coinbase，Trump和Binance

The central claim, amplified by a retweet from Binance's former CEO Changpeng “CZ” Zhao, suggests that Coinbase was the “anonymous” source behind a Bloomberg report targeting Trump's crypto project, potentially named USD1, and Binance. The theory? Coinbase executives fear a presidential pardon for Zhao and Binance's return to the US market, seeing it as a threat to their market share. According to crypto commentator Matt Wallace, this fear allegedly prompted Coinbase to undermine its competition.

Binance前首席執行官Changpeng“ CZ” Zhao轉發的中心主張表明，Coinbase是針對特朗普的加密項目的彭博社報告的“匿名”消息來源，可能名為USD1和Binance。理論？ Coinbase高管擔心Zhao和Binance重返美國市場的總統赦免，認為這是對他們市場份額的威脅。據加密評論員馬特·華萊士（Matt Wallace）稱，據稱這種恐懼促使Coinbase破壞了競爭。

Wallace goes as far as to call this alleged behavior “anti-American!” While CZ retweeted the post, he neither confirmed nor denied the allegations. Both Binance and Coinbase have remained silent, not responding to requests for comment.

華萊士甚至稱這種所謂的行為為“反美！”當CZ轉發該職位時，他既沒有確認也沒有否認這些指控。 Binance和Coinbase都保持沉默，沒有回應置評請求。

The Trump Stablecoin Connection

特朗普穩定連接

The Bloomberg report at the heart of this controversy claimed Binance developed the smart contract for USD1, a stablecoin issued by World Liberty Financial, linked to former President Donald Trump. It further alleged that Zhao applied for a presidential pardon shortly after USD1 was used in a $2 billion deal. The report also noted that a large percentage of USD1 tokens are held in Binance wallets, potentially generating significant interest revenue.

這一爭議的核心報告稱，Binance為USD1建立了智能合同，這是World Liberty Financial發布的Stablecoin，與前總統唐納德·特朗普有關。它進一步聲稱，趙在一筆20億美元的交易中使用後不久就申請了總統赦免。該報告還指出，在二元錢包中擁有很大一部分的USD1代幣，可能會產生大量的利息收入。

CZ vehemently denied the report, calling it a “hit piece (sponsored by a competitor)” filled with “so many factual errors.” He even hinted at potential legal action for defamation.

CZ強烈否認了這份報告，稱其為“熱門作品（由競爭對手贊助）”，裡面充滿了“許多事實錯誤”。他甚至暗示了潛在的誹謗法律行動。

Coinbase's Moves and Market Position

Coinbase的行動和市場位置

Amidst these swirling rumors, Coinbase has been making significant moves. The Czech National Bank recently disclosed a new position in Coinbase, adding over $18 million worth of shares. Coinbase also became the first crypto company to join the S&P 500 in May. These developments highlight Coinbase's growing mainstream acceptance and influence.

在這些漩渦狀的謠言中，Coinbase一直在做出重大舉動。捷克國家銀行最近在Coinbase中披露了一個新職位，增加了價值超過1800萬美元的股票。 Coinbase還成為5月加入標準普爾500指數的第一家加密貨幣公司。這些發展突出了Coinbase日益增長的主流接受和影響力。

However, it hasn't been all smooth sailing. Coinbase's total revenue dropped 10% in Q1 2025, and net income plummeted 95%. Despite this, the company continues to expand, acquiring the crypto options trading platform Deribit and the token management platform Liquifi.

但是，這並不是所有的航行順利。 Coinbase的總收入在2025年第1季度下降了10％，淨收入下降了95％。儘管如此，該公司仍在繼續擴展，收購了加密期權交易平台deribit和代幣管理平台Liquifi。

My Take: Smoke and Mirrors?

我的看法：煙和鏡子？

While the allegations against Coinbase are serious, they are, at this point, unproven. It's easy to imagine a scenario where a company might try to undermine a competitor, but the leap to accusing Coinbase of targeting a former president is a big one. Without concrete evidence, these claims remain firmly in the realm of speculation. It’s also worth noting that CZ himself has a vested interest in discrediting reports that paint Binance in a negative light, given his legal troubles and desire for a presidential pardon.

儘管針對Coinbase的指控是嚴重的，但目前尚未得到證實。很容易想像一個公司可能試圖破壞競爭對手的情況，但是指責Coinbase瞄準前總統的飛躍是很大的。沒有具體的證據，這些主張仍然牢固地存在於投機領域。還值得注意的是，鑑於他的法律麻煩和對總統赦免的渴望，CZ本人對抹黑二手持續的報告有既得利益。

In the wild world of crypto, where fortunes are made and lost in a heartbeat, drama and intrigue are par for the course. Whether these rumors have any basis in reality, one thing is certain: the crypto industry never has a dull moment.

在加密世界的野生世界中，命運是在心跳，戲劇和陰謀中造成的，這是該課程的標準。這些謠言在現實中是否有任何基礎，一件事是可以肯定的：加密貨幣行業從來沒有一個沉悶的時刻。

So, buckle up, buttercups! This crypto rollercoaster is far from over.

所以，扣緊，毛cup！這個加密過山車還遠遠沒有結束。