Ripple 的穩定幣尤物：對穩定幣市場巨頭的歌利亞規模挑戰

XRP Ledger (XRPL) 背後的金融科技公司 Ripple 計劃推出一種與美元掛鉤的穩定幣，由銀行存款和政府債券等資產支持。該穩定幣旨在透過每月驗證儲備資產的證明報告來提供透明度，從而挑戰 Tether、Circle 和 PayPal 等現有企業。此舉代表瑞波幣進入穩定幣市場，該市場近年來出現了顯著的成長和競爭。

Ripple's Bold Entry into the Stablecoin Market: A Challenge to Industry Giants

Ripple大膽進軍穩定幣市場：對產業巨頭的挑戰

In a move that shakes the foundations of the digital currency landscape, Ripple, the renowned creator of XRP Ledger (XRPL), has unveiled plans for an upcoming stablecoin directly pegged to the United States dollar. This digital currency, firmly rooted in a reserve of traditional financial assets held by Ripple, including bank deposits, government bonds, and their equivalents, marks a game-changing challenge to stablecoin giants like Tether and Circle.

XRP Ledger (XRPL) 的著名創作者 Ripple 公佈了即將推出的直接與美元掛鉤的穩定幣計劃，此舉動搖了數位貨幣格局的基礎。這種數位貨幣牢固地植根於 Ripple 持有的傳統金融資產儲備，包括銀行存款、政府債券及其等價物，這標誌著對 Tether 和 Circle 等穩定幣巨頭的顛覆性挑戰。

To ensure utmost transparency, Ripple has pledged to publish monthly reports that will undergo independent audits. These reports will meticulously document the status of the reserves, providing stakeholders with an unparalleled level of assurance. Initially, Ripple's stablecoin will target the vast US market, but global expansion is anticipated, with possible iterations pegged to dominant currencies in Europe and Asia.

為了確保最大的透明度，Ripple 承諾發布月度報告，並接受獨立審計。這些報告將詳細記錄儲備狀況，為利害關係人提供無與倫比的保證。最初，Ripple 的穩定幣將瞄準廣闊的美國市場，但預計將擴展到全球，並可能進行與歐洲和亞洲主要貨幣掛鉤的迭代。

The impetus behind Ripple's foray into stablecoins stems from the growing concerns raised by Ripple CEO Brad Garlinghouse regarding the stability of existing stablecoins. He cited instances where major stablecoins, such as Tether's USDT and Circle's USDC, have temporarily lost their peg to the US dollar, sparking uncertainty among investors.

Ripple進軍穩定幣的動力源自於Ripple執行長布拉德·加林豪斯(Brad Garlinghouse)對現有穩定幣穩定性日益增長的擔憂。他列舉了 Tether 的 USDT 和 Circle 的 USDC 等主要穩定幣暫時失去與美元掛鉤的例子，引發了投資者的不確定性。

Ripple's entry into the stablecoin arena adds another formidable player to the scene, posing a direct threat to industry giants like Tether and Circle. Notably, PayPal also joined the fray in 2023 with the launch of its own stablecoin, PayPal USD (PYUSD).

Ripple 進軍穩定幣領域，又增添了一位強大的玩家，對 Tether 和 Circle 等產業巨頭構成了直接威脅。值得注意的是，PayPal 也在 2023 年加入了這場競爭，推出了自己的穩定幣 PayPal USD (PYUSD)。

In light of Ripple's audacious move, it is imperative to consider the ongoing legal battle with the US Securities and Exchange Commission (SEC). Since 2020, the SEC has alleged that Ripple violated security laws through its issuance of XRP.

鑑於 Ripple 的大膽舉動，有必要考慮與美國證券交易委員會（SEC）正在進行的法律鬥爭。自 2020 年以來，SEC 指控 Ripple 通過發行 XRP 違反了安全法。

In a partial victory for Ripple last year, the court determined that XRP itself did not constitute a security. However, the judge ruled that certain sales of XRP to institutional investors did fall under the category of unregistered securities offerings, leading the SEC to seek $2 billion in disgorgement related to these institutional sales amounting to $728.9 million.

去年，Ripple 取得了部分勝利，法院裁定 XRP 本身不構成證券。然而，法官裁定，向機構投資者出售的某些 XRP 確實屬於未經註冊的證券發行類別，導致 SEC 尋求與這些機構銷售相關的 20 億美元的返還金額，總額達 7.289 億美元。

Despite these legal complexities, Ripple remains steadfast in its commitment to innovation and the transformative potential of blockchain technology. The launch of its stablecoin is seen as a major step towards enhancing the stability and accessibility of digital currencies for global financial transactions.

儘管存在這些法律複雜性，Ripple 仍然堅定地致力於區塊鏈技術的創新和變革潛力。其穩定幣的推出被視為增強全球金融交易數位貨幣的穩定性和可訪問性的重要一步。

As the stablecoin market continues to evolve, Ripple's entry adds a new dimension to the competitive landscape. With its focus on transparency and the backing of a robust reserve, Ripple aims to provide a compelling alternative for institutions and individuals seeking stability and reliability in the digital currency realm.

隨著穩定幣市場的不斷發展，瑞波幣的進入為競爭格局增添了新的維度。憑藉其對透明度的關注和強大儲備的支持，Ripple 旨在為尋求數位貨幣領域穩定性和可靠性的機構和個人提供令人信服的替代方案。