繫繩將在2024年末或2025年初推出美國的穩定幣

新硬幣旨在與潛在的美國加密法規保持一致，並將與Tether的國際產品不同。

Tether, the world’s largest stablecoin issuer, is planning to launch a US-based stablecoin by late this year or early next year, according to CEO Paolo Ardoino.

據首席執行官保羅·阿多利諾（Paolo Ardoino）稱，世界上最大的Stablecoin發行人Tether計劃在今年下半年或明年年初之前推出一個總部位於美國的Stablecoin。

The new coin will aim to align with potential US crypto regulations and will differ from Tether’s international offerings, which are largely advertised as a fiat-backed asset.

新硬幣將旨在與潛在的美國加密法規保持一致，並將與Tether的國際產品不同，Tether的國際產品在很大程度上被廣告宣傳為菲亞特支持的資產。

Speaking at the Chaincode Global’s DeFi & Digital Asset Summit in New York, Ardoino said the launch will depend on the timeline of US legislation.

Ardoino在紐約的Chaincode Global在紐約舉行的Defi＆Digital Asset峰會上發表講話時說，發布將取決於美國立法的時間表。

The company now publishes reports showing about $120 billion in US treasuries and $5.6 billion in excess reserves as of Q1 2025.

該公司現在發布報告顯示，截至2025年第1季度，該報告顯示了約1,200億美元的美國國債和56億美元的超額儲備。

The company’s legal chief, Charles Chauncy, has also spoken about the company’s role in law enforcement partnerships to combat crypto crime.

該公司的法律局長查爾斯·昌西（Charles Chauncy）還談到了該公司在執法夥伴關係中的作用，以打擊加密犯罪。

This story was originally featured on iTrust Chaincoins.

這個故事最初是在Itrust Chaincoins上進行的。

The company’s move to launch a US stablecoin comes as it seeks to expand its footprint in the world’s largest economy.

該公司旨在擴大世界上最大經濟體的佔地面積，因此該公司推出美國穩定的行動。

Tether has faced scrutiny from US regulators in recent years.

近年來，Tether面臨美國監管機構的審查。

In 2021, the company settled with the New York Attorney General for $18.5 million after being accused of operating as a fractional reserve and misusing customer funds.

2021年，該公司在被指控作為分數儲備金並濫用客戶資金的情況下以1,850萬美元的價格與紐約總檢察長定居。

However, Tether has since moved to rebuild its reputation by publishing attestation reports and claiming to hold approximately $120 billion in US Treasuries.

但是，Tether此後通過發布證明報告並聲稱持有約1,200億美元的美國國債，以重建其聲譽。

The company has also been engaging with lawmakers and crypto stakeholders in Washington.

該公司還與華盛頓的立法者和加密貨幣利益相關者互動。

This includes meeting with members of Congress and attending House Appropriations Committee hearings.

這包括與國會議員會面和參加眾議院撥款委員會聽證會。

Tether’s transition from being described as a “criminal’s go-to cryptocurrency” to courting Washington lawmakers and promoting law enforcement partnerships showcases how digital asset companies can manage dramatic image transformations when market conditions and political winds shift.

特ether從被描述為“犯罪分子的加密貨幣”過渡到向華盛頓立法者求婚，並促進執法夥伴關係，展示了數字資產公司如何在市場條件和政治風轉變時如何管理急劇的形象轉變。

The velocity of major stablecoins is now nearly equivalent, suggesting robust and distributed trading activity across different platforms rather than a concentration on a single token. This indicates a healthy and dynamic market with diverse participants engaging in lively trading on various exchanges and protocols.

現在，主要穩定菌的速度幾乎是等效的，表明跨不同平台的穩健和分佈式交易活動，而不是集中在一個令牌上。這表明了一個健康而充滿活力的市場，不同的參與者從事各種交流和協議進行生動的交易。

The pattern of increasing institutionalization is evident across the stablecoin sector, with 86% of the $232 billion market concentrated in Tether and USDC, both of which have developed significant compliance operations and banking relationships. In contrast, smaller stablecoins appear to be catering to specific niches within the DeFi ecosystem.

在整個Stablecoin行業中，制度化增加的模式是顯而易見的，其中2320億美元市場中的86％集中在Tether和USDC上，這兩者都建立了重要的合規性和銀行關係。相比之下，較小的穩定劑似乎迎合了Defi生態系統內的特定壁ni。

This evolution suggests that stablecoins are becoming less of an alternative financial system and more of an extension of the existing one, potentially bringing both stability and new forms of systemic risk to the broader crypto ecosystem. As such, their integration into the US financial landscape will be a subject of keen interest and scrutiny in the years to come.

這種進化表明，穩定的穩定劑越來越不再是一種替代性金融體系，而更多地是對現有的金融體系的擴展，這可能會給更廣泛的加密生態系統帶來穩定性和新形式的系統性風險。因此，在接下來的幾年中，它們將其融入美國金融景觀將是一個敏銳的興趣和審查的主題。