Nansen說

區塊鏈分析公司Nansen的最新報告表明，穩定的透明度和對更好的分類帳經濟（穩定）法案（穩定）法案的通過，可以顯著使傳統金融和加密部門的主要受監管參與者受益，這與Coinbase一起成為潛在的大贏家。

The Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act, which aims to introduce a federal framework for payment stablecoins, could significantly benefit major regulated players in both traditional finance and crypto sectors, with Coinbase emerging as a potential big winner, according to a recent report from blockchain analytics firm Nansen.

根據BlockChain Analytics Nansen的最近一份報告，旨在引入聯邦政府支付穩定的穩定框架的穩定透明度和對更好的分類帳經濟（穩定）法案（穩定）法案的責任，該法案可能會在傳統金融和加密貨幣領域中顯著受益於主要受監管的參與者，而Coinbase的最新報告可能是潛在的大贏家。

The Act, which is currently being considered by the U.S. Congress, would create a licensing regime for stablecoin issuers and require stablecoins to be fully backed by cash or short-term U.S. Treasuries. It would also subject stablecoins to more rigorous regulatory oversight by the Federal Reserve and the Department of Treasury.

該法案目前已由美國國會考慮，將為Stablecoin發行人創建許可製度，並要求Stablecoins得到現金或短期美國國債的完全支持。這也將使美聯儲和財政部更嚴格的監管監督。

These provisions are designed to enhance transparency, reduce systemic risk, and bring digital dollars used in the United States under more direct regulatory control.

這些規定旨在提高透明度，降低全身風險，並在更直接的監管控制下將美國使用的數字美元帶來。

According to Nansen, the Act would also create a “regulatory moat” by setting high compliance standards that favor institutions already aligned with U.S. regulations. This includes major banks and top-tier crypto firms that have proactively built infrastructure for KYC, AML, and custody compliance.

根據南森（Nansen）的說法，該法案還將通過設定高規律標準來創建“監管護城河”，從而有利於已經與美國法規保持一致的機構。這包括主要銀行和頂級加密企業，這些公司主動為KYC，AML和監護權合規建立了基礎設施。

“Entities like Coinbase are well-positioned,” the firm wrote, adding that the exchange’s partnership with Circle and its role in distributing USDC, a fiat-backed stablecoin, aligns with the bill’s vision.

該公司寫道：“像Coinbase這樣的實體是位置良好的，”該公司與Circle的合作夥伴關係及其在分發菲亞特支持的Stablecoin中的作用，與該法案的願景保持一致。

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Coinbase-logo-E1676076122729

Coinbase has become a key player in the stablecoin ecosystem and is known for its commitment to regulatory compliance. The exchange has also been investing heavily in custody solutions to meet the growing institutional demand for secure and regulated digital asset storage.

Coinbase已成為Stablecoin生態系統的關鍵參與者，並以其對監管合規性的承諾而聞名。該交易所還在大力投資於監護權解決方案，以滿足對安全和規範數字資產存儲的機構需求的不斷增長。

In addition to its involvement in stablecoins and custody, Coinbase could benefit from an expected rise in demand for on-chain liquidity consolidation in a more regulated crypto market.

除了參與穩定劑和監護權外，Coinbase還可以從更受監管的加密貨幣市場中對鏈上流動性合併的需求預期增加。

As more institutions enter the crypto space, they will be seeking out regulated and efficient platforms for trading and market making activities. Coinbase’s dual role as a custodian and exchange could give it a significant advantage in this environment.

隨著越來越多的機構進入加密貨幣領域，他們將尋找受監管和高效的平台用於交易和市場製作活動。 Coinbase作為保管人的雙重角色和交流可以在這種環境中具有重要優勢。

If the STABLE Act becomes law, it could have a major impact on the crypto industry, pushing smaller or offshore projects out of the U.S. market and clearing the way for broader institutional adoption of stablecoins.

如果穩定的法案成為法律，它可能會對加密貨幣行業產生重大影響，將較小或離岸項目推出美國市場，並為更廣泛的機構採用穩定的穩定劑掃清道路。