Tether 的新黃金穩定幣賭博感覺更上一層樓，即使對他們來說也是如此

我想「共同重新定義穩定性」是一種表達方式。另一種說法是“隨著 Tether 在其黑匣子操作中添加新的合成資產層，一起來吧，並希望得到最好的結果。”

Tether is adding a new layer to its black-box operation by allowing customers to treat its Alloy platform as an open platform that allows the creation of different Tethered Assets with broader backing mechanics. This move comes as Coinbase is using Base to funnel users towards its USDC stablecoin, and banks and fintech firms are also entering the stablecoin market.

Tether 正在為其黑盒作業添加一個新層，允許客戶將其 Alloy 平台視為開放平台，允許創建具有更廣泛支援機制的不同系留資產。此舉發生之際，Coinbase 正在利用 Base 將用戶引導至其 USDC 穩定幣，而銀行和金融科技公司也正在進入穩定幣市場。

In an X thread, crypto academic Adam Cochran posits that Tether is trying to expand into other assets and into DeFi at a time when Coinbase is using Base to funnel users towards its USDC stablecoin, and banks and fintech firms are muscling in on the stablecoin market too.

在 X 主題中，加密貨幣學者 Adam Cochran 認為，當 Coinbase 使用 Base 將用戶引向其 USDC 穩定幣、銀行和金融科技公司紛紛進軍穩定幣市場之際，Tether 正試圖擴展到其他資產和 DeFi 領域也。

Tether wants to diversify in case its USDT golden goose is threatened. This makes good business sense for Tether and its ambitious CEO. Tether is also requiring those who want to create a gold-backed stablecoin to post extra collateral—a practice that has worked for a decade in the case of the pioneering decentralized stablecoin DAI.

Tether 希望多元化，以防其 USDT 金鵝受到威脅。這對於 Tether 及其雄心勃勃的執行長來說具有良好的商業意義。 Tether 還要求那些想要創建黃金支持的穩定幣的人提供額外的抵押品——這一做法在開創性的去中心化穩定幣 DAI 中已經行之有效了十年。

However, the idea of Tether spinning up a whole series of new crypto assets beyond USDT, and having those assets serve as collateral for other Tether assets, could be troubling.

然而，Tether 在 USDT 之外推出一系列新的加密資產，並將這些資產作為其他 Tether 資產的抵押品的想法可能會令人不安。