私人信貸市場帕累托推出了一種新的合成美元，旨在將機構投資者與分散的財務（DEFI）機會聯繫起來，這一舉動突出了Stablecoins在全球金融中的不斷擴展的作用。

私人信貸市場帕累托（Pareto）推出了一種新的合成美元，旨在將機構投資者與分散融資（DEFI）機會聯繫起來，此舉突出了Stablecoins在全球金融中的不斷擴展的作用。

Private credit marketplace Pareto has launched a synthetic dollar designed to link institutional investors with decentralized finance (DeFi) opportunities, highlighting the expanding role of stablecoins in global finance.

私人信貸市場帕累托（Pareto）推出了一項合成美元，旨在將機構投資者與分散融資（DEFI）的機會聯繫起來，突出了Stablecoins在全球金融中的不斷擴展的作用。

The newly launched USP synthetic dollar is fully backed by real-world private credit, Pareto told Cointelegraph on Monday. To mint USP, users must deposit stablecoins such as USDC USDCUSD and USDt USDTUSD, which are then held as collateral.

帕累託在週一告訴Cointelegraph，新推出的USP合成美元得到了現實世界中的私人信貸的全部支持。對於Mint USP，用戶必須存入諸如USDC USDCUSD和USDT USDTUSD之類的Stablecoins，然後將其保存為抵押品。

“USP is backed 1:1 by the stablecoins used during the minting process,” Pareto co-founder Matteo Pandolfi said in a written statement.

帕累托聯合創始人Matteo Pandolfi在書面聲明中說：“ USP由鑄造過程中使用的Stablecoins支持1：1。”

The deposited funds are placed into Pareto’s credit vaults and lent to what the company describes as “vetted institutional borrowers,” generating yields for participants.

存款資金被放入帕累託的信貸保險庫中，並藉給公司所說的“審查機構借款人”，為參與者帶來了收益率。

To maintain its peg to the US dollar, Pareto uses what it calls a “native backing” process. Each USP token is minted only when an equivalent amount of USDC or USDT is deposited, ensuring full collateralization when the token is created. An arbitrage mechanism also supports the dollar peg’s ongoing stability.

為了保持其釘在美元上，Pareto使用所謂的“本機支持”過程。僅當存放等效量的USDC或USDT時，每個USP令牌才會鑄造，從而確保創建令牌時完全抵押。套利機制還支持美元釘的持續穩定性。

In addition, Pareto has set up a protocol-funded stability reserve to act as a buffer in case of borrower defaults.

此外，帕累托（Pareto）設立了一個協議資助的穩定儲備，以便在藉款人默認情況下充當緩衝區。

The company said the synthetic dollar gives institutional investors a regulated onchain entry point into real-world asset (RWA) credit markets — a segment of the tokenization industry that has expanded rapidly over the past year.

該公司表示，合成美元為機構投資者提供了對現實世界中資產（RWA）信貸市場的受監管的Onchain入口點，這是代幣化行業的一部分，在過去一年中迅速擴大。

Recent examples of private credit tokenization include Tradable’s portfolio of 30 credit positions and Apollo’s Diversified Credit Securitize Fund.

私人信貸令牌化的最新示例包括可交易的30個信貸職位的投資組合以及阿波羅的多元化信用證券化基金。

When asked about the potential risks of connecting DeFi to the often opaque private credit sector, Pareto acknowledged the concern but emphasized its approach to risk management.

當被問及將DEFI連接到經常不透明的私人信貸部門的潛在風險時，帕累托承認了這一關注點，但強調了其風險管理方法。

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