Tether 投資 7.75 億美元應對歐盟打擊 USDT

市場參與者警告稱，此舉可能會削弱流動性和投資者興趣，正如美國暗示對數位資產採取更寬鬆的立場一樣

The European Union's (EU) impending Markets in Crypto-Assets (MiCA) legislation is set to drastically alter the landscape of digital asset trading within the bloc. As the year draws to a close, the EU is ramping up pressure on crypto exchanges to comply with the new regulatory framework by December 30. Among other stipulations, MiCA mandates that stablecoins offered on centralized exchanges be issued by entities holding e-money licenses. This requirement has placed the world's largest stablecoin provider, Tether Holdings Ltd., in a precarious position, as it has yet to obtain such a license.

歐盟 (EU) 即將推出的加密資產市場 (MiCA) 立法將徹底改變歐盟內部數位資產交易的格局。隨著年底的臨近，歐盟加大了對加密貨幣交易所的壓力，要求其在12 月30 日之前遵守新的監管框架。持有電子貨幣許可證的實體發行。這項要求使全球最大的穩定幣提供者 Tether Holdings Ltd. 陷入了危險的境地，因為它尚未獲得此類許可證。

As a result, several exchanges have already begun phasing out USDT trading pairs in the EU. In April, OKX, one of the world's leading crypto exchanges, removed USDT pairs from its European platform. According to Erald Ghoos, OKX's Europe CEO, clients have largely shifted back to trading fiat pairs following the move.

因此，一些交易所已經開始在歐盟逐步淘汰 USDT 交易對。 4 月，全球領先的加密貨幣交易所之一 OKX 從其歐洲平台上刪除了 USDT 對。 OKX 歐洲執行長 Erald Ghoos 表示，此舉之後，客戶大部分已重新開始交易法定貨幣對。

"I was quite surprised by that, to be honest," Ghoos said, regarding traders' willingness to adapt. "It's less efficient for them, but they're adapting."

「說實話，我對此感到非常驚訝，」古斯在談到交易員的適應意願時說道。 “這對他們來說效率較低，但他們正在適應。”

The move by the EU to increase oversight and curb illicit activities in the crypto markets is understandable. However, some industry insiders argue that the measures could inadvertently erode the region's competitive edge in the burgeoning digital asset landscape.

歐盟加強監管並遏制加密貨幣市場非法活動的措施是可以理解的。然而，一些業內人士認為，這些措施可能會無意中削弱該地區在蓬勃發展的數位資產領域的競爭優勢。

"It could limit the EU's appeal to global traders, especially considering that traders in the region are accustomed to the liquidity and stability provided by USDT," said Usman Ahmad, CEO of Zodia Markets Holdings, a crypto trading firm backed by Standard Chartered Plc.

渣打銀行支持的加密貨幣交易公司Zodia Markets Holdings 執行長烏斯曼·艾哈邁德(Usman Ahmad) 表示：「這可能會限制歐盟對全球交易者的吸引力，特別是考慮到該地區的交易者已經習慣了USDT 提供的流動性和穩定性。

Stablecoins, typically pegged to traditional currencies like the U.S. dollar or euro, serve as fundamental instruments in digital markets. They enable traders to swiftly enter and exit crypto positions or move funds across borders at lower costs compared to fiat currencies. In recent years, stablecoins have also gained traction among firms for settlement and payments, as well as for investors experimenting with tokenized versions of traditional assets.

穩定幣通常與美元或歐元等傳統貨幣掛鉤，是數位市場的基本工具。與法定貨幣相比，它們使交易者能夠以更低的成本快速進入和退出加密貨幣頭寸或跨境轉移資金。近年來，穩定幣也受到了結算和支付公司以及嘗試傳統資產代幣化版本的投資者的青睞。

However, stablecoins have faced mounting scrutiny over their potential misuse in illicit activities. Earlier this month, UK authorities reported shutting down Russian networks suspected of channeling billions of dollars for oligarchs and spies, partly using USDT. Tether has stated that it "unequivocally" condemns the criminal use of its tokens and remains committed to fighting illicit activity.

然而，穩定幣因其在非法活動中潛在的濫用而面臨越來越嚴格的審查。本月早些時候，英國當局報告關閉了涉嫌為寡頭和間諜輸送數十億美元資金的俄羅斯網絡，其中部分資金使用了 USDT。 Tether 表示，它「明確」譴責對其代幣的犯罪使用，並繼續致力於打擊非法活動。

Circle Internet Financial Ltd., Tether's main competitor, secured an e-money license in July, enabling it to continue operating its USD Coin (USDC) in the EU. For many traders, the delisting of USDT translates to fewer liquid trading pairs, which could drive up costs.

Tether 的主要競爭對手 Circle Internet Financial Ltd. 於 7 月獲得了電子貨幣許可證，使其能夠繼續在歐盟運營其美元硬幣 (USDC)。對許多交易者來說，USDT 下架意味著流動性交易對減少，這可能會推高成本。

"Forcing investors to shift away from USDT pairs may cause disruptions and higher transaction expenses," said Pascal St-Jean, CEO of crypto asset manager 3iQ Corp.

加密資產管理公司 3iQ Corp 執行長 Pascal St-Jean 表示：“迫使投資者放棄 USDT 貨幣對可能導致業務中斷和更高的交易費用。”

At the same time, the geopolitical landscape is shifting. After years of regulatory clampdowns by the U.S. Securities and Exchange Commission, President-elect Donald Trump's pro-crypto stance and key appointments suggest a more permissive environment. His victory last month sparked a crypto rally that pushed Bitcoin above $100,000 for the first time, with investors betting on fewer regulatory hurdles in the U.S.

與此同時，地緣政治格局正在改變。經過美國證券交易委員會多年的監管打壓，當選總統唐納德·川普的支持加密貨幣立場和關鍵任命表明了一個更加寬鬆的環境。他上個月的勝利引發了加密貨幣反彈，比特幣首次突破 10 萬美元，投資者押注美國監管障礙將會減少

The contrast is stark: Venture investment in European crypto startups is on track to hit a four-year low in 2024, while North America shows signs of revival. Though a European Central Bank survey indicates crypto ownership within the euro area has more than doubled since 2022, officials cautioned that the true figure remains modest.

對比鮮明：歐洲加密新創公司的創投預計在 2024 年觸及四年來的低點，而北美則顯示出復甦的跡象。儘管歐洲央行的一項調查顯示，自 2022 年以來，歐元區的加密貨幣擁有量增加了一倍多，但官員警告稱，真實數字仍然不大。

Meanwhile, Tether, the leading company in the digital asset industry, has announced a strategic investment of $775 million in Rumble, a prominent video-sharing platform and cloud services provider. This investment comprises a $250 million cash infusion to support Rumble's growth initiatives and a tender offer for up to 70 million shares at $7.50 per share. Following the transaction, Rumble's Chairman and CEO, Chris Pavlovski, will maintain his controlling stake in the company.

同時，數位資產產業領先公司Tether宣布對著名影片共享平台和雲端服務供應商Rumble進行7.75億美元策略性投資。這項投資包括用於支持 Rumble 成長計畫的 2.5 億美元現金注入以及以每股 7.50 美元的價格收購最多 7,000 萬股股票的要約收購。交易完成後，Rumble 董事長兼執行長 Chris Pavlovski 將保持其在公司的控股權。

"This investment reflects our shared values of decentralization, independence, transparency and free expression," said Paolo Ardoino, CEO of Tether. "The collaboration aligns with Tether's commitment to empowering technologies that promote freedom and challenge centralized systems."

Tether 執行長 Paolo Ardoino 表示：“這項投資體現了我們去中心化、獨立、透明和自由表達的共同價值觀。” “此次合作符合 Tether 致力於增強技術以促進自由並挑戰中心化系統的承諾。”

Chris Pavlovski, Rumble's Chairman and CEO, expressed enthusiasm for the partnership, highlighting the strong connection between the cryptocurrency and free speech communities, both of which are passionate about freedom and decentralization. He also noted that the $250 million cash addition to Rumble's balance sheet will fuel growth initiatives as the company pursues EBITDA breakeven by 2025.

Rumble 董事長兼執行長 Chris Pavlovski 表達了對此次合作的熱情，強調了加密貨幣和言論自由社群之間的緊密聯繫，這兩個社群都熱衷於自由和去中心化。他還指出，Rumble 資產負債表上增加的 2.5 億美元現金將推動成長計劃，因為該公司力爭在 2025 年實現 EBITDA 盈虧平衡。

"We are excited to announce this partnership with Tether, a leading and trusted brand in the digital asset industry," Pavlovski said. "The strong connection between the cryptocurrency and free speech communities and a shared passion for freedom and decentralization brought us together in this partnership."

Pavlovski 表示：“我們很高興宣布與數位資產行業值得信賴的領先品牌 Tether 建立合作夥伴關係。” “加密貨幣和言論自由社區之間的緊密聯繫以及對自由和去中心化的共同熱情使我們在這種夥伴關係中走到了一起。”