探索Coinbase是如何通過將USDC作為期貨和代幣股票的抵押品融合而來的加密交易界限，從而震撼了金融景觀。

Coinbase, USDC, and Collateral: A New Era for Crypto Trading?

Coinbase，USDC和抵押品：加密交易的新時代？

The buzz around Coinbase, USDC, and collateral is getting louder, and for good reason. Coinbase is making moves that could redefine how we trade crypto and even traditional assets. Let's dive into what's happening.

Coinbase，USDC和抵押品周圍的嗡嗡聲正越來越大，這是有充分理由的。 Coinbase正在採取行動，可以重新定義我們如何交易加密貨幣，甚至是傳統資產。讓我們深入了解正在發生的事情。

USDC as Collateral: A Game Changer

USDC作為抵押品：改變遊戲規則的人

Coinbase is not just sitting still; they're actively expanding the utility of USDC. The most recent headline? Coinbase Derivatives is partnering with Nodal Clear to potentially allow USDC to be used as collateral in US futures trading. This is huge because currently, clearinghouses mostly accept fiat currency. By adding USDC, they're opening the doors to more participants and streamlining the process.

Coinbase不只是坐著。他們正在積極擴大USDC的實用性。最近的標題？ Coinbase衍生產品正在與Nodal合作，並有可能將USDC用作美國期貨交易的抵押品。這很大，因為目前，清理房屋主要接受法定貨幣。通過添加USDC，他們正在向更多參與者打開大門，並簡化了該過程。

Think about it: instant money movement and secure custody regulated by the New York Department of Financial Services. Boris Ilyevsky, CEO of Coinbase Derivatives, nails it when he talks about enhancing trading capabilities and improving operational efficiency.

考慮一下：紐約金融服務部監管的即時貨幣運動和安全監護權。 Coinbase衍生產品首席執行官Boris Ilyevsky在談論增強交易能力並提高運營效率時將其確定。

Tokenized Equities: Stocks on the Blockchain?

象徵性股票：區塊鏈上的股票？

But wait, there's more! Coinbase is also eyeing tokenized equities. Imagine trading fractions of company stocks as digital tokens, similar to crypto. Paul Grewal, Coinbase's chief legal officer, calls it a "huge priority." If the SEC gives the green light, Coinbase could be going head-to-head with the likes of Robinhood and Charles Schwab.

但是等等，還有更多！ Coinbase還注視著令牌股票。想像一下，將公司股票的交易分數作為數字代幣，類似於加密貨幣。 Coinbase的首席法律官Paul Grewal稱其為“巨大的優先事項”。如果SEC散發綠燈，Coinbase可能會與Robinhood和Charles Schwab之類的人進行直接發展。

BUIDL: Tokenized Treasuries as Collateral

Buidl：象徵性的國債作為抵押品

The innovation doesn't stop with Coinbase alone. BlackRock's BUIDL, a tokenized U.S. Treasury fund, is now accepted as collateral on exchanges like Crypto.com and Deribit. This is a big step for on-chain finance, turning a yield-bearing token into a core component of crypto market infrastructure.

創新並不能獨自一人停止。貝萊德（BlackRock）的布德爾（Buidl）是一個像徵性的美國財政基金，現在被認為是Crypto.com和Deribit等交易所的抵押品。這是鏈融資的重要一步，將承重令牌變成了加密市場基礎設施​​的核心組成部分。

Carlos Domingo, CEO of Securitize, points out that tokenized Treasuries are improving capital efficiency and risk management while still offering yield. It's a win-win!

Securitize首席執行官Carlos Domingo指出，令牌化的國庫正在提高資本效率和風險管理，同時仍提供收益率。這是雙贏！

What Does It All Mean?

這是什麼意思？

Coinbase's moves, combined with the rise of tokenized assets like BUIDL, signal a shift towards greater integration of traditional finance with the crypto world. Regulatory clarity, like the recent Senate vote on stablecoin legislation, is paving the way for institutional capital to flow into crypto.

Coinbase的舉動，加上Buidl等令牌資產的興起，這表明向更大的傳統金融與加密貨幣世界融合了。法規清晰度，就像最近對Stablecoin立法的參議院投票一樣，為機構資本流入加密貨幣的道路鋪平了道路。

USDC is becoming more than just a stablecoin; it's evolving into a versatile tool for trading and collateral. Tokenized equities could revolutionize stock trading, making it more accessible and efficient.

USDC不僅僅是一個穩定的人。它正在發展為用於交易和抵押品的多功能工具。令牌股票可以徹底改變股票交易，使其更容易獲得和高效。

My Take

我的看法

I'm personally excited about these developments. The convergence of crypto and traditional finance could unlock new opportunities for investors and traders. However, it's crucial to approach this space with caution and do your own research. For example, tokenized equities are currently not available for trading in the United States, but with regulatory approval, this could change. Digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal.

我個人對這些發展感到興奮。加密貨幣和傳統金融的融合可以為投資者和交易者釋放新的機會。但是，要謹慎處理這個空間並進行自己的研究至關重要。例如，目前在美國無法進行交易，但是經過監管機構的批准，這可能會發生變化。使用區塊鏈的數字資產或代幣具有投機性，涉及高風險，通常是流動性的，可能沒有價值，有限的監管確定性，受到潛在的市場操縱風險，並可能使投資者暴露於本金的損失。

The Future is Now (Almost)

現在的未來是（幾乎）

So, what's next? Keep an eye on Coinbase and the evolving landscape of crypto collateral. It's a wild ride, but one thing's for sure: the future of finance is looking a whole lot more digital.

那麼，下一步是什麼？密切關注Coinbase和Crypto抵押品的不斷發展的景觀。這是一個瘋狂的旅程，但可以肯定的是：金融的未來看上去更加數字化。