Stripe，USDH Stablecoin和Crypto競賽：紐約財務未來的一分鐘

隨著Hyperliquid的USDH的出現，Stripe的Stablecoin野心面臨激烈的競爭。這對加密和傳統金融的未來意味著什麼？

Yo, crypto enthusiasts! The stablecoin scene is heating up faster than a slice of New York pizza. Stripe's play to issue Hyperliquid's USDH stablecoin is facing some serious Big Apple-style competition. Let's break down what's happening and why it matters.

喲，加密愛好者！與紐約披薩片相比，穩定的場景的加熱速度更快。 Stripe發行Hyperliquid的USDH Stablecoin的遊戲面臨著一些嚴肅的大蘋果風格的比賽。讓我們分解發生的事情以及為什麼它很重要。

The USDH Stablecoin Scramble

USDH Stablecoin爭奪

Hyperliquid wants its own USDH stablecoin, and everyone's throwing their hat in the ring. Stripe, through its Bridge payment processor, was initially in a strong position. But hold up! Crypto firms like MoonPay and Agora are saying, "Not so fast!" They're lining up with rival proposals, alongside heavy hitters like Paxos and Frax. It's a real battle for control of the stablecoin space.

Hyperliquid想要自己的USDH Stablecoin，每個人都在戴上帽子。條紋通過其橋樑支付處理器最初處於強大的位置。但是堅持！像Moonpay和Agora這樣的加密公司說：“不是那麼快！”他們與競爭對手的提案一起排隊，以及像Paxos和Frax這樣的沉重擊球手。這是控制Stablecoin空間的真正戰鬥。

Nick Van Eck, co-founder of Agora, straight up asked, "If Hyperliquid relinquishes its canonical stablecoin to Stripe, a vertically integrated issuer with clear conflicts, what are we all even doing?" Ouch! He's not the only one with concerns. MoonPay's Keyth Grossman piled on, saying USDH deserves scale, credibility, and alignment – not BS capture, which he seems to imply is Stripe's angle.

Agora的聯合創始人尼克·範·埃克（Nick van Eck）直接問道：“超流動性是否放棄了其規範性的穩定性，這是一個有明顯衝突的垂直整合的發行人，我們都在做什麼？”哎喲!他不是唯一一個擔心的人。 Moonpay的鍵盤格羅斯曼（Grossman）堆積在堆積上，稱USDH值得獲得規模，信譽和對齊方式 - 而不是BS捕獲，這似乎暗示著Stripe的角度。

Stripe's Tempo Blockchain: Conflict of Interest?

Stripe的節奏區塊鏈：利益衝突？

Critics argue Stripe's foray into blockchain with Tempo creates a conflict. Christian Catalini, a Libra project alum, pointed out that corporate-led blockchain initiatives often face pressure to centralize, which kinda defeats the purpose of crypto in the first place. Tempo aims to streamline stablecoin payments, but some worry about Stripe calling all the shots.

批評家認為，Stripe用Tempo涉足區塊鏈造成了衝突。天秤座項目明礬的克里斯蒂安·卡塔利尼（Christian Catalini）指出，由公司領導的區塊鏈計劃經常面臨集中式壓力，這首先擊敗了加密貨幣的目的。 Tempo的目的是簡化Stablecoin的付款，但有些人擔心條紋呼喚所有鏡頭。

Tempo's got some cool features, like high transaction speeds and support for multiple stablecoins. They've even partnered with Visa, Deutsche Bank, and Shopify. But will it be enough to win over the crypto purists?

Tempo的功能具有一些很酷的功能，例如高交易速度和對多個穩定股的支持。他們甚至與Visa，Deutsche Bank和Shopify合作。但是，贏得加密純粹主義者是否足夠？

Hyperliquid's USDH: A DeFi Disruptor?

Hyperliquid的USDH：Defi Disruptor？

Hyperliquid's approach to USDH is pretty slick. They're slashing trading fees and using a validator-driven governance model. This means more liquidity and a self-sustaining ecosystem. They're even allocating 95% of interest earnings from USDH reserves to buy back HYPE tokens. That's a sweet deal for HYPE holders!

Hyperliquid對USDH的方法非常光滑。他們正在削減交易費用，並使用驗證者驅動的治理模型。這意味著更多的流動性和自我維持的生態系統。他們甚至從USDH儲備中分配了95％的利息收益來回購炒作令牌。對於炒作持有者來說，這是一筆可愛的交易！

This decentralized approach contrasts with centralized stablecoins like USDC. Paxos is proposing USDH under the GENIUS Act and MiCA frameworks, which strengthens its regulatory resilience. It's all about creating a stablecoin that's both compliant and community-driven.

這種分散的方法與USDC等集中式穩定劑形成鮮明對比。 Paxos根據《天才法案》和《雲母框架》提出了USDH，從而增強了其監管彈性。這全都是為了創建一個既合規又以社區為導向的穩定者。

The XRP Mastercard: A Glimpse into the Future?

XRP萬事達卡：瞥見未來？

While the stablecoin wars rage on, Gemini's XRP Mastercard offers a peek at the future of crypto adoption. By offering XRP cashback rewards, they're making crypto more accessible and useful in everyday life. It's not just about trading volume anymore; it's about creating real-world utility.

儘管Stablecoin戰爭激烈，雙子座的XRP MasterCard卻可以窺視採用加密貨幣的未來。通過提供XRP現金返還獎勵，他們正在使加密貨幣在日常生活中更容易訪問和有用。這不僅僅是交易量；這是關於創建現實世界實用程序。

The XRP Mastercard's success shows that consumer product innovation is key. Users want tools that integrate seamlessly into their lives, offering tangible rewards. It's a sign that the crypto landscape is evolving beyond speculative trading.

XRP萬事達卡的成功表明，消費者產品創新是關鍵。用戶想要將無縫集成到他們生活的工具，並提供有形的獎勵。這表明加密貨幣景觀正在發展，而不是投機性交易。

The Bottom Line

底線

The competition between Stripe and the crypto community over USDH highlights the ongoing tension between traditional finance and decentralized ideals. Hyperliquid's innovative approach, combined with the growing demand for utility-driven crypto products, suggests that the future belongs to those who can bridge the gap between the old and the new.

Stripe和Crypto社區在USDH上的競爭強調了傳統金融與分散理想之間的持續緊張關係。 Hyperliquid的創新方法，加上對公用事業驅動的加密產品的不斷增長的需求，這表明未來屬於那些可以彌合新舊之間差距的人。

So, what's the takeaway? Keep an eye on the stablecoin space, folks. It's gonna be a wild ride. And remember, whether you're team Stripe or team DeFi, innovation is the name of the game. Stay frosty, New York!

那麼，收穫是什麼？伙計們，請密切注意穩定的空間。這將是一個瘋狂的旅程。請記住，無論您是團隊條紋還是團隊Defi，創新都是遊戲的名稱。保持冷淡的紐約！