Tether聯合創始人Reeve Collins啟動了PI協議，以發行承重穩定的Stablecoin

Tether的聯合創始人Reeve Collins正在推出一個分散的Stablecoin，該穩定者將與原始的Dollar Peggggggen競爭，他幫助創建了

Tether co-founder Reeve Collins is set to launch a decentralized stablecoin that will rival the original dollar-pegged token he helped create, joining a crowded field in a corner of the cryptocurrency market that has seen intense competition.

Tether聯合創始人Reeve Collins將推出一個分散的Stablecoin，將與他幫助創建的原始Dollar-Peggg Gogg Gogg Gogg Goble競爭，並在加密貨幣市場的一角加入了一個擁擠的領域，該領域已經激烈競爭。

As reported by Bloomberg on Feb. 18, Collins now serves as the chairman of Pi Protocol, a self-described decentralized project that is slated to launch on the Ethereum and Solana blockchains later this year.

據彭博社報導，2月18日，Collins現在擔任PI協議主席，PI協議是一個自稱為分散的項目，計劃於今年晚些時候在以太坊和Solana區塊鏈上啟動。

According to Bloomberg, Pi will use smart contracts to allow parties to mint the USP stablecoin in exchange for the yield-bearing USI token. The stablecoin will reportedly be backed by bonds and other real-world assets.

根據彭博社的說法，PI將使用智能合約允許當事方鑄造USP Stablecoin，以換取承重的USI令牌。據報導，該穩定幣將得到債券和其他現實世界中的支持。

While the stablecoin’s name suggests it will be pegged to the United States dollar, there were no details on the fiat currency or currencies that it represents.

儘管Stablecoin的名字表明它將與美國的美元掛鉤，但沒有關於法定貨幣或貨幣的細節。

Collins and his partners initially created Tether, the issuer of USDt (USDT), in 2014 before selling it to the operators of crypto exchange Bitfinex one year later. During that time, the value of USDt has grown from less than $1 billion to $142 billion.

Collins和他的合作夥伴最初於2014年創建了Tether（USDT）的發行人Tether，然後將其出售給一年後的Crypto Exchange Bitfinex運營商。在此期間，USDT的價值從不到10億美元增至1420億美元。

Prior to announcing Pi Protocol, Collins had hinted at a yield-bearing stablecoin offering, telling Cointelegraph that such assets will attract more investors who want to earn interest on their fiat-pegged tokens.

在宣布PI協議之前，Collins暗示了一項承重的Stablecoin產品，並告訴Cointelegraph，此類資產將吸引更多希望在菲亞特（Fiat）搜索其菲亞特（Fiat）的標記上獲得利息的投資者。

Tether faces growing competition

繫繩面對不斷增長的競爭

Pi Protocol will be entering an increasingly competitive stablecoin market that includes Tether and other industry heavyweights like Circle’s USD Coin (USDC), Ethena’s USDe (USDe) and Dai (DAI).

PI協議將進入越來越激烈的Stablecoin市場，其中包括Tether和其他行業重量級人物，例如Circle的USD Coin（USDC），Ethena的USDE（USDE）和DAI（DAI）。

According to data from DefiLlama, there are over $225 billion in stablecoins in circulation. Notably, USDC has outpaced Tether’s USDt in terms of growth early this year, while Ethena’s USDe overtook DAI to become the third-largest stable asset by market cap.

根據Defillama的數據，流通量有超過2250億美元。值得注意的是，在今年年初的增長方面，USDC已經超過了Tether的USDT，而Ethena的USDE超越了DAI，成為市值的第三大穩定資產。

Stablecoins play a pivotal role in the cryptocurrency ecosystem, providing users with liquidity and transactional capacity as they buy and sell digital assets. Moreover, stablecoins are becoming a popular option for cross-border remittances, offering a cheaper and faster way to send money overseas.

Stablecoins在加密貨幣生態系統中起著關鍵作用，為用戶在買賣數字資產時為用戶提供了流動性和交易能力。此外，Stablecoins已成為跨境匯款的流行選擇，提供更便宜，更快的方式向海外匯款。

These use cases were highlighted in a recent report by ARK Invest, which showed that the value of stablecoin transactions reached $15.6 trillion in 2024 — surpassing both Visa and Mastercard.

ARK Invest最近的一份報告中強調了這些用例，該報告表明，Stablecoin交易的價值在2024年達到15.6萬億美元 - 超過了Visa和MasterCard。