探索Coinbase是如何通过将USDC作为期货和代币股票的抵押品融合而来的加密交易界限，从而震撼了金融景观。

Coinbase, USDC, and Collateral: A New Era for Crypto Trading?

Coinbase，USDC和抵押品：加密交易的新时代？

The buzz around Coinbase, USDC, and collateral is getting louder, and for good reason. Coinbase is making moves that could redefine how we trade crypto and even traditional assets. Let's dive into what's happening.

Coinbase，USDC和抵押品周围的嗡嗡声正越来越大，这是有充分理由的。 Coinbase正在采取行动，可以重新定义我们如何交易加密货币，甚至是传统资产。让我们深入了解正在发生的事情。

USDC as Collateral: A Game Changer

USDC作为抵押品：改变游戏规则的人

Coinbase is not just sitting still; they're actively expanding the utility of USDC. The most recent headline? Coinbase Derivatives is partnering with Nodal Clear to potentially allow USDC to be used as collateral in US futures trading. This is huge because currently, clearinghouses mostly accept fiat currency. By adding USDC, they're opening the doors to more participants and streamlining the process.

Coinbase不只是坐着。他们正在积极扩大USDC的实用性。最近的标题？ Coinbase衍生产品正在与Nodal合作，并有可能将USDC用作美国期货交易的抵押品。这很大，因为目前，清理房屋主要接受法定货币。通过添加USDC，他们正在向更多参与者打开大门，并简化了该过程。

Think about it: instant money movement and secure custody regulated by the New York Department of Financial Services. Boris Ilyevsky, CEO of Coinbase Derivatives, nails it when he talks about enhancing trading capabilities and improving operational efficiency.

考虑一下：纽约金融服务部监管的即时货币运动和安全监护权。 Coinbase衍生产品首席执行官Boris Ilyevsky在谈论增强交易能力并提高运营效率时将其确定。

Tokenized Equities: Stocks on the Blockchain?

象征性股票：区块链上的股票？

But wait, there's more! Coinbase is also eyeing tokenized equities. Imagine trading fractions of company stocks as digital tokens, similar to crypto. Paul Grewal, Coinbase's chief legal officer, calls it a "huge priority." If the SEC gives the green light, Coinbase could be going head-to-head with the likes of Robinhood and Charles Schwab.

但是等等，还有更多！ Coinbase还注视着令牌股票。想象一下，将公司股票的交易分数作为数字代币，类似于加密货币。 Coinbase的首席法律官Paul Grewal称其为“巨大的优先事项”。如果SEC散发绿灯，Coinbase可能会与Robinhood和Charles Schwab之类的人进行直接发展。

BUIDL: Tokenized Treasuries as Collateral

Buidl：象征性的国债作为抵押品

The innovation doesn't stop with Coinbase alone. BlackRock's BUIDL, a tokenized U.S. Treasury fund, is now accepted as collateral on exchanges like Crypto.com and Deribit. This is a big step for on-chain finance, turning a yield-bearing token into a core component of crypto market infrastructure.

创新并不能独自一人停止。贝莱德（BlackRock）的布德尔（Buidl）是一个象征性的美国财政基金，现在被认为是Crypto.com和Deribit等交易所的抵押品。这是链融资的重要一步，将承重令牌变成了加密市场基础设施的核心组成部分。

Carlos Domingo, CEO of Securitize, points out that tokenized Treasuries are improving capital efficiency and risk management while still offering yield. It's a win-win!

Securitize首席执行官Carlos Domingo指出，令牌化的国库正在提高资本效率和风险管理，同时仍提供收益率。这是双赢！

What Does It All Mean?

这是什么意思？

Coinbase's moves, combined with the rise of tokenized assets like BUIDL, signal a shift towards greater integration of traditional finance with the crypto world. Regulatory clarity, like the recent Senate vote on stablecoin legislation, is paving the way for institutional capital to flow into crypto.

Coinbase的举动，加上Buidl等令牌资产的兴起，这表明向更大的传统金融与加密货币世界融合了。法规清晰度，就像最近对Stablecoin立法的参议院投票一样，为机构资本流入加密货币的道路铺平了道路。

USDC is becoming more than just a stablecoin; it's evolving into a versatile tool for trading and collateral. Tokenized equities could revolutionize stock trading, making it more accessible and efficient.

USDC不仅仅是一个稳定的人。它正在发展为用于交易和抵押品的多功能工具。令牌股票可以彻底改变股票交易，使其更容易获得和高效。

My Take

我的看法

I'm personally excited about these developments. The convergence of crypto and traditional finance could unlock new opportunities for investors and traders. However, it's crucial to approach this space with caution and do your own research. For example, tokenized equities are currently not available for trading in the United States, but with regulatory approval, this could change. Digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal.

我个人对这些发展感到兴奋。加密货币和传统金融的融合可以为投资者和交易者释放新的机会。但是，要谨慎处理这个空间并进行自己的研究至关重要。例如，目前在美国无法进行交易，但是经过监管机构的批准，这可能会发生变化。使用区块链的数字资产或代币具有投机性，涉及高风险，通常是流动性的，可能没有价值，有限的监管确定性，受到潜在的市场操纵风险，并可能使投资者暴露于本金的损失。

The Future is Now (Almost)

现在的未来是（几乎）

So, what's next? Keep an eye on Coinbase and the evolving landscape of crypto collateral. It's a wild ride, but one thing's for sure: the future of finance is looking a whole lot more digital.

那么，下一步是什么？密切关注Coinbase和Crypto抵押品的不断发展的景观。这是一个疯狂的旅程，但可以肯定的是：金融的未来看上去更加数字化。