贝莱德，二十个和加密机构：整合的新时代

贝莱德（BlackRock）和Coinbase正在推动采用加密货币。从代币化的国债到稳定的付款，机构正在潜水。

The convergence of traditional finance and crypto is accelerating, with BlackRock and Coinbase leading the charge. From tokenized treasuries to new stablecoin payment solutions, institutional adoption is reshaping the landscape.

传统金融和加密货币的融合正在加速，贝莱德（BlackRock）和二十座（Coinbase）带领了这一指控。从代币化的国债到新的Stablecoin支付解决方案，机构采用正在重塑景观。

BlackRock's BUIDL Fund: Bridging TradFi and DeFi

BlackRock的Buidl Fund：Bridging Tradfi和Defi

BlackRock's BUIDL (USD Institutional Digital Liquidity Fund) is making waves, hitting $2.88 billion in total value locked. Launched in March 2024, BUIDL is now enabling 24/7 swaps with Ethena's USDtb stablecoin, creating a seamless bridge between traditional yield and crypto-native liquidity. This integration allows institutional investors and DeFi users to move capital frictionlessly between on-chain U.S. Treasurys and synthetic stablecoins.

贝莱德（Blackrock）的Buidl（美元机构数字流动性基金）正在浪潮，总价值锁定了28.8亿美元。 Buidl于2024年3月启动，现在可以与Ethena的USDTB Stablecoin进行24/7互换，在传统产量和加密本地流动性之间建立了无缝的桥梁。这种集成使机构投资者和Defi用户能够在美国国债和合成稳定的链接之间无需移动资本摩擦。

Securitize highlights that qualified participants can now swap from BUIDL to Ethena Labs’ USDtb permissionlessly, around the clock. This signals a new standard for on-chain liquidity, blending traditional capital markets with decentralized finance.

证券化的重点是合格的参与者现在可以全天无权从Buidl交换到Ethena Labs的USDTB。这标志着链上流动性的新标准，将传统资本市场与分散的金融融为一体。

Coinbase's Stablecoin Push: Regulatory Clarity and New Payment Solutions

Coinbase的Stablecoin Push：监管清晰度和新的支付解决方案

Coinbase shares have seen a surge following the Senate's passage of the GENIUS Act, a bipartisan bill regulating stablecoins. Investors view this as a major win for Coinbase, providing regulatory clarity and legitimizing its stablecoin business. The company recently unveiled Coinbase Payments, enabling customers to make payments using stablecoins across various commerce platforms.

在参议院通过《天才法案》（Genius Act）的通过，这是一项调节稳定股的两党法案，共同股票的股票激增。投资者认为这是Coinbase的重大胜利，提供了法规的清晰度并使其稳定业务合法化。该公司最近发布了Coinbase付款，使客户能够在各种商务平台上使用Stablecoins进行付款。

Technical analysis suggests further upside for Coinbase. A breakout from a flag pattern, coupled with increasing volume and a bullish golden cross signal, indicates strong buying conviction. Key levels to watch include resistance around $330 and potential support near $265.

技术分析提出了共同基础的进一步上行空间。国旗模式的突破，再加上增加的体积和看涨的金交叉信号，表明购买信念强烈。要关注的关键水平包括$ 330的阻力和接近265美元的潜在支持。

The Big Picture: Institutional Crypto Adoption

大局：机构加密货币

The moves by BlackRock and Coinbase underscore a broader trend: institutions are no longer on the sidelines. They are actively building and integrating crypto solutions into their existing frameworks. BlackRock's tokenized fund and Coinbase's stablecoin initiatives demonstrate a commitment to leveraging blockchain technology for real-world applications.

贝莱德（Blackrock）和共插基（Coinbase）的举动强调了更广泛的趋势：机构不再存在于场外。他们正在积极地构建和集成加密解决方案纳入现有的框架。 BlackRock的令牌化基金和Coinbase的Stablecoin倡议表明，将区块链技术用于现实世界应用的承诺。

It’s wild to see institutions like BlackRock embrace the tech. It feels like just yesterday Bitcoin was a fringe topic.

看到像贝莱德这样的机构拥抱技术真是太疯狂了。感觉就像昨天比特币是一个边缘话题。

Final Thoughts

最后的想法

The integration of BlackRock, Coinbase, and other crypto institutions marks a pivotal moment. As regulatory landscapes become clearer and technology advances, expect even more traditional players to enter the crypto space. This is shaping up to be one heck of a ride!

贝莱德，共同基础和其他加密机构的整合标志着关键时刻。随着监管景观变得更加清晰，技术进步，期望更多的传统参与者进入加密货币空间。这是一场骑行的一部分！