堆棧（STX）的獨特位置是在第一個SEC監管的令牌中利用監管合規性

美國證券交易委員會（SEC）最近撤銷了指南，要求公司代表客戶持有加密貨幣的公司將其視為責任。

President Donald Trump signed a much-awaited executive order on January 23 establishing a digital asset working group. The group will create regulations and evaluate a federal cryptocurrency reserve in an effort to legitimize the asset class in the US. At the same time, the order responds to long-standing calls for softer and clearer regulations from both traditional financial and crypto platforms.

唐納德·特朗普（Donald Trump）總統於1月23日簽署了一項期待已久的行政命令，建立了一個數字資產工作組。該集團將製定法規並評估聯邦加密貨幣儲備，以使美國資產類別合法化。同時，該命令對傳統金融和加密平台的長期呼籲進行了長期呼籲。

The order follows through on the President's promise to create a strategic national Bitcoin reserve, as his family's connections and personal financial interests in the crypto industry deepen. He made the promise at the 2024 Bitcoin conference in Nashville. At the time, he doubled down on his stance that the US should become the world's crypto capital and superpower, reiterating that China would beat the US to it in the absence of swift measures.

該命令遵循總統的承諾建立戰略性國家比特幣保護區，因為他的家人在加密貨幣行業的聯繫和個人財務利益加深了。他在納什維爾舉行的2024年比特幣會議上做出了諾言。當時，他對美國應該成為世界的加密資本和超級大國的立場加倍，重申，在沒有迅速措施的情況下，中國將擊敗美國。

A more supportive regulator

更支持的監管機構

The US Securities and Exchange Commission (SEC) recently rolled back guidelines that required firms holding cryptocurrency on behalf of customers to account for it as a liability. These guidelines, like many before them, served to harm the interest of the firms by making it more expensive for them to hold digital assets.

美國證券交易委員會（SEC）最近撤銷了指南，要求代表客戶持有加密貨幣的公司將其視為責任。與之前的許多指南一樣，這些準則通過使其持有數字資產更昂貴來損害公司的利益。

Before rolling back those guidelines, the SEC launched a so-called crypto task force. According to a press release, it has been tasked with developing a sound regulatory path that respects legal boundaries. Commissioner Hester Peirce, who was highly critical of former SEC chairman Gary Gensler's aggressive approach to cryptocurrency regulation, will lead the task force. She is also a contender for Gensler's position.

在退回這些準則之前，SEC推出了一個所謂的加密工作組。根據新聞稿，它的任務是開發尊重法律界限的合理監管道路。專員Hester Peirce高度批評前SEC主席Gary Gensler對加密貨幣監管的積極態度，將領導該工作隊。她還是Gensler職位的競爭者。

Stacks, a Layer-2 scaling solution for Bitcoin and a decentralized computer network running on cryptographic protocols, is uniquely positioned to capitalize on regulatory compliance as the first SEC-regulated token. Its token STX is the 67th largest cryptocurrency by market cap. Notably, Stacks thrived during Gensler's tenure, which not all cryptocurrencies can say (Ripple was hit hard by the long-running lawsuit).

堆棧是比特幣的2層縮放解決方案，也是在加密協議上運行的分散計算機網絡，其獨特的位置可以利用法規符合性作為第一個SEC調節的令牌。它的令牌STX是市值第67大加密貨幣。值得注意的是，在Gensler的任期期間，堆棧蓬勃發展，並非所有加密貨幣都可以說（Ripple被長期運行的訴訟擊中）。

Hailing from NY, the leading Bitcoin L2 team thanked CoinGecko on X for making a list of the top US-made coins and putting Stacks on it. The coin is 22nd on that list. US-made coins have been getting a lot of attention lately. Donald Trump wants to enact helpful legislation for them to grow. He also wants to eliminate capital gains taxes for investors in these assets. According to a statement from the White House, his executive order is aimed at providing regulatory certainty and clarity based on frameworks that account for emerging technologies, technology-neutral regulations, well-defined jurisdictional regulatory boundaries, and transparent decision-making.

領先的比特幣L2團隊來自紐約，感謝Coingecko在X上的Coingecko列出了美國製造的硬幣的清單，並在上面堆放了堆棧。硬幣在該列表中排名第22。最近，美國製造的硬幣引起了很多關注。唐納德·特朗普（Donald Trump）希望制定有用的立法，以使他們成長。他還希望消除這些資產中投資者的資本利得稅。根據白宮的一份聲明，他的行政命令旨在根據框架提供監管的確定性和清晰度，這些框架說明了新興技術，技術中立的法規，定義明確的管轄權監管範圍和透明決策。

Cryptocurrency exchanges and other organizations have long anticipated clearer and more favorable regulations, so the process is expected to help mainstream Bitcoin and altcoins. As a compliant coin, no fines or extended legal battles can hold Stacks back from becoming an even more successful American cryptocurrency.

加密貨幣交易所和其他組織長期以來預期更清晰，更有利的法規，因此該過程有望幫助主流比特幣和山寨幣。作為一枚合規的硬幣，沒有任何罰款或延長的法律鬥爭可以阻止堆棧成為更成功的美國加密貨幣。

Stacks inherits Bitcoin's security and trustless nature

堆棧繼承了比特幣的安全性和無信任的性質

Stacks inherits the flagship crypto's superior security as an L2 with a two-way peg, enabling holders to peg in or out of the Bitcoin blockchain. It uses Bitcoin for final settlement. Its wrapped sBTC is among the most secure wrapped Bitcoin products available for trading. Wrapped Rootstock Smart Bitcoin (RBTC) is the only other wrapped product verified and settled on the Bitcoin blockchain.

堆棧將旗艦加密貨幣的出色安全性繼承為帶有雙向釘的L2，使持有人能夠釘在比特幣區塊鏈中。它使用比特幣進行最終解決。它包裝的SBTC是可用於交易的最安全包裝的比特幣產品之一。包裹的Rootstock Smart Bitcoin（RBTC）是唯一經過驗證並在比特幣區塊鏈上安裝的包裝產品。

Stacks inherits Bitcoin's robustness and immutability. It enhances the latter's utility by bringing smart contracts and decentralized applications. Clarity, Stacks' secure, deterministic smart contract language, allows developers to write transparent and predictable applications without risk.

堆棧繼承了比特幣的魯棒性和不變性。它通過帶來智能合約和分散應用程序來增強後者的效用。 Clarity，堆棧的安全，確定性的智能合同語言，使開發人員可以在沒有風險的情況下編寫透明和可預測的應用程序。

Stacks employs a Proof-of-Transfer (PoX) mechanism, where users lock STX tokens and earn Bitcoin as rewards, creating a direct economic link between Stacks and Bitcoin. The PoX mechanism requires significantly less energy than traditional mining, mitigating concerns about the environmental impact of blockchain technologies.

Stacks採用轉移證明（POX）機制，用戶鎖定STX令牌並獲得比特幣作為獎勵，從而在堆棧和比特幣之間建立了直接的經濟聯繫。與傳統採礦相比，痘痘機制需要明顯少得多的能量，從而減輕了對區塊鏈技術的環境影響的擔憂。

By enhancing Bitcoin's utility, Stacks broadens its appeal and use cases, making it easier for mainstream users to engage with Bitcoin indirectly. Features like decentralized finance (DeFi), tokenized assets, and Web3 functionalities help position Bitcoin as more than a store of value, attracting a broader audience.

通過增強比特幣的公用事業，堆疊其吸引力和用例，使主流用戶更容易間接與比特幣互動。分散的金融（DEFI），標記資產和Web3功能等功能有助於將比特幣視為價值存儲，從而吸引更廣泛的受眾。

Notable milestones for Stacks

著名的堆棧里程碑

The Stacks ecosystem achieved over 350 million monthly API requests and 40,000 Hiro wallet downloads and deployed 2,500 Clarity smart contracts, establishing itself as a leading Web3 project on Bitcoin in its very first year. It has facilitated the creation of DeFi platforms, such as DEXs and lending protocols, enabling financial services that leverage Bitcoin's security. Approximately 140,000 NFTs have been minted on the platform, showcasing its capability to support diverse assets.

堆棧的生態系統每月達到超過3.5億個API請求和40,000個Hiro Wallet下載並部署了2,500個Clarity Smart合同，並確立了自己的第一年的領先Web3項目。它促進了Defi平台的創建，例如DEX和貸款協議，從而實現了利用比特幣安全性的金融服務。該平台上已經鑄造了大約140,000個NFT，展示了其支持不同資產的能力。

The launch of Grayscale Stacks Trust enabled institutions to purchase the coin easily. It's among the first vehicles allowing investors to gain exposure to the STX token in the form of a security without directly having to deal with buying and storing it. Trust shares are based on STX per share. The product tracks the market value minus fees and other costs.

Grayscale Stacks Trust的推出使機構可以輕鬆購買硬幣。它是允許投資者以安全形式獲得STX令牌的最早車輛之一，而無需直接處理購買和存儲。信託股票基於每股STX。該產品跟踪市場價值減去費用和其他成本。

Facilitating mainstream exposure to

促進主流接觸