Ripple (XRP) 成为 MiCA 稳定币规定的显着受益者

备受期待的《加密资产市场监管条例》（MiCA）经过近四年的发展，于2024年12月30日悄然生效。

Markets in Crypto-Assets (MiCA) Regulation Took Effect on December 30

加密资产市场 (MiCA) 法规于 12 月 30 日生效

After nearly four years in the making, the highly anticipated Markets in Crypto-Assets (MiCA) quietly took effect on December 30, 2024, following a nail-biting countdown in the crypto industry.

经过近四年的酝酿，备受期待的加密资产市场（MiCA）在加密行业紧张的倒计时后于 2024 年 12 月 30 日悄然生效。

This landmark framework marks a watershed moment for the European Union (EU) as it establishes itself as a global leader in crypto regulation, providing much-needed clarity for crypto businesses and consumers alike.

这一具有里程碑意义的框架标志着欧盟 (EU) 的一个分水岭时刻，它确立了自己作为加密货币监管全球领导者的地位，为加密货币企业和消费者提供了急需的透明度。

Interestingly, MiCA was fully conceived after the 2022 FTX collapse, which highlighted the dire need for comprehensive regulatory oversight in the crypto industry. After intense negotiations, debates, and amendments, MiCA was adopted to protect consumers, promote innovation, and harmonize regulations across the EU's 27 member states.

有趣的是，MiCA 是在 2022 年 FTX 崩盘之后才完全构思出来的，这凸显了加密货币行业迫切需要全面的监管监督。经过激烈的谈判、辩论和修订，MiCA 被采用，以保护消费者、促进创新并协调欧盟 27 个成员国的法规。

MiCA sets clear rules for crypto-asset issuers, stablecoin providers, and service operators like exchanges and custodians. For example, issuers must publish detailed white papers, while stablecoin providers face stringent reserve requirements. Moreover, the regulation introduces market abuse laws to combat insider trading and price manipulation, fostering a more transparent ecosystem.

MiCA 为加密资产发行人、稳定币提供商以及交易所和托管人等服务运营商制定了明确的规则。例如，发行人必须发布详细的白皮书，而稳定币提供商则面临严格的准备金要求。此外，该法规还引入了市场滥用法律，以打击内幕交易和价格操纵，从而培育更加透明的生态系统。

In light of these developments, Ripple, a global leader in blockchain technology, stands to benefit significantly from MiCA's stablecoin provisions. Its recently launched euro-backed stablecoin, RLUSD, aligns perfectly with the regulatory framework.

鉴于这些发展，区块链技术的全球领导者 Ripple 将从 MiCA 的稳定币条款中受益匪浅。其最近推出的欧元支持的稳定币 RLUSD 与监管框架完美契合。

J.A. Maartun, a market analyst at the renowned crypto analytics firm CryptoQuant, highlighted the strategic timing of the new regulations, which could give RLUSD a major advantage in establishing a strong foothold in the region.

著名加密货币分析公司 CryptoQuant 的市场分析师 JA Maartun 强调了新规定的战略时机，这可能会给 RLUSD 在该地区建立牢固立足点带来重大优势。

"Ripple's RLUSD launch coincides with MiCA's implementation, offering RLUSD unparalleled access to Europe's 450 million consumers under a unified framework. This could redefine stablecoin adoption in the region," Maartun noted.

Maartun 指出：“Ripple 的 RLUSD 推出与 MiCA 的实施同时进行，在统一的框架下为欧洲 4.5 亿消费者提供无与伦比的 RLUSD 访问权限。这可能会重新定义该地区稳定币的采用。”

Pundits Predict RLUSD to Dominate Europe as USDT Faces Setbacks

专家预测 RLUSD 将主导欧洲，因为 USDT 面临挫折

The pundit's prediction of RLUSD dominating Europe comes as the largest stablecoin, USDT, faces setbacks in the region. While not officially banned, Tether's USDT is non-compliant with the EU's new MiCA regulations, which took effect on December 30, 2024.

专家预测 RLUSD 将主宰欧洲之际，最大的稳定币 USDT 在该地区面临挫折。尽管没有被正式禁止，但 Tether 的 USDT 不符合欧盟于 2024 年 12 月 30 日生效的新 MiCA 法规。

This has led exchanges like Coinbase to remove USDT from its European services last month, citing concerns over MiCA compliance. Meanwhile, USDC issuer Circle remains the first and only major global stablecoin issuer to achieve MiCA compliance.

这导致 Coinbase 等交易所上个月从其欧洲服务中删除了 USDT，理由是担心 MiCA 合规性。与此同时，USDC 发行人 Circle 仍然是第一个也是唯一一个实现 MiCA 合规的全球主要稳定币发行人。

That said, Ripple's success with RLUSD could also have ripple effects on XRP, the native asset of its ecosystem. As regulatory clarity boosts investor confidence, XRP's utility in cross-border payments and as a bridge asset for stablecoins like RLUSD is likely to see increased demand, which could, in turn, boost XRP's price.

也就是说，Ripple 在 RLUSD 上的成功也可能对其生态系统的原生资产 XRP 产生连锁反应。随着监管的明确性增强了投资者的信心，XRP 在跨境支付中的效用以及作为 RLUSD 等稳定币的桥梁资产的用途可能会增加需求，这反过来又可能会推高 XRP 的价格。

MiCA's global implications could extend beyond Europe. By setting a high regulatory standard, the EU positions itself as a crypto hub, challenging jurisdictions like the United States, where regulatory ambiguity has continued to stifle innovation under the Biden administration.

MiCA 的全球影响可能超越欧洲。通过制定高监管标准，欧盟将自己定位为加密货币中心，对美国等司法管辖区构成挑战，在拜登政府的领导下，美国的监管模糊性继续抑制创新。