Stripe，USDH Stablecoin和Crypto竞赛：纽约财务未来的一分钟

随着Hyperliquid的USDH的出现，Stripe的Stablecoin野心面临激烈的竞争。这对加密和传统金融的未来意味着什么？

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.

哟，加密爱好者！与纽约披萨片相比，稳定的场景的加热速度更快。 Stripe发行Hyperliquid的USDH Stablecoin的游戏面临着一些严肃的大苹果风格的比赛。让我们分解发生的事情以及为什么它很重要。

The USDH Stablecoin Scramble

USDH Stablecoin争夺

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，每个人都在戴上帽子。条纹通过其桥梁支付处理器最初处于强大的位置。但是坚持！像Moonpay和Agora这样的加密公司说：“不是那么快！”他们与竞争对手的提案一起排队，以及像Paxos和Frax这样的沉重击球手。这是控制Stablecoin空间的真正战斗。

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的联合创始人尼克·范·埃克（Nick van Eck）直接问道：“超流动性是否放弃了其规范性的稳定性，这是一个有明显冲突的垂直整合的发行人，我们都在做什么？”哎哟!他不是唯一一个担心的人。 Moonpay的键盘格罗斯曼（Grossman）堆积在堆积上，称USDH值得获得规模，信誉和对齐方式 - 而不是BS捕获，这似乎暗示着Stripe的角度。

Stripe's Tempo Blockchain: Conflict of Interest?

Stripe的节奏区块链：利益冲突？

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.

批评家认为，Stripe用Tempo涉足区块链造成了冲突。天秤座项目明矾的克里斯蒂安·卡塔利尼（Christian Catalini）指出，由公司领导的区块链计划经常面临集中式压力，这首先击败了加密货币的目的。 Tempo的目的是简化Stablecoin的付款，但有些人担心条纹呼唤所有镜头。

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，例如高交易速度和对多个稳定股的支持。他们甚至与Visa，Deutsche Bank和Shopify合作。但是，赢得加密纯粹主义者是否足够？

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对USDH的方法非常光滑。他们正在削减交易费用，并使用验证者驱动的治理模型。这意味着更多的流动性和自我维持的生态系统。他们甚至从USDH储备中分配了95％的利息收益来回购炒作令牌。对于炒作持有者来说，这是一笔可爱的交易！

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.

这种分散的方法与USDC等集中式稳定剂形成鲜明对比。 Paxos根据《天才法案》和《云母框架》提出了USDH，从而增强了其监管弹性。这全都是为了创建一个既合规又以社区为导向的稳定者。

The XRP Mastercard: A Glimpse into the Future?

XRP万事达卡：瞥见未来？

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.

尽管Stablecoin战争激烈，双子座的XRP MasterCard却可以窥视采用加密货币的未来。通过提供XRP现金返还奖励，他们正在使加密货币在日常生活中更容易访问和有用。这不仅仅是交易量；这是关于创建现实世界实用程序。

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万事达卡的成功表明，消费者产品创新是关键。用户想要将无缝集成到他们生活的工具，并提供有形的奖励。这表明加密货币景观正在发展，而不是投机性交易。

The Bottom Line

底线

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社区在USDH上的竞争强调了传统金融与分散理想之间的持续紧张关系。 Hyperliquid的创新方法，加上对公用事业驱动的加密产品的不断增长的需求，这表明未来属于那些可以弥合新旧之间差距的人。

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!

那么，收获是什么？伙计们，请密切注意稳定的空间。这将是一个疯狂的旅程。请记住，无论您是团队条纹还是团队Defi，创新都是游戏的名称。保持冷淡的纽约！