Sonic Labs取消Dollar-Peggged算法Stablecoin发射，选择阿联酋Dirham替代品

输入：Labs已取消计划推出一款美元的算法稳定剂的计划，而是选择开发以迪拉姆（Dirham）为基础的阿拉伯联合酋长国替代方案。

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin and will instead be developing a United Arab Emirates dirham-denominated alternative.

Sonic Labs已取消计划推出一款美元的算法Stablecoin，而是将开发以迪拉姆（Dirham）为基础的阿拉伯联合酋长国替代方案。

On March 22, Sonic Labs co-founder Andre Cronje said the company was working on an annual percentage rate (APR) of up to 23% with the US dollar-pegged algorithmic stablecoin, according to a direct translation.

3月22日，Sonic Labs联合创始人Andre Cronje表示，根据直接翻译，该公司的年度百分比（APR）最高可达23％。

However, one week later, the firm reversed course.

但是，一周后，该公司扭转了课程。

“We will no longer be releasing a USD based algorithmic stable coin. Completely unrelated, we will be releasing a mathematically bound numerical Dirham which is settled and denominated in USD, which is definitely not a USD based algorithmic stable coin,” said Cronje in a March 28 X post.

Cronje在3月28日X文章中说：“我们将不再发布基于美元的算法稳定硬币。完全无关，我们将释放数学上约束的数值Dirham，该数值dirham已在USD中定居并分配，这绝对不是基于美元的算法稳定的稳定币。”

The shift in strategy comes shortly after the UAE announced it would launch its digital dirham central bank digital currency (CBDC) in the fourth quarter of 2025.

战略的转变发生在阿联酋宣布将于2025年第四季度推出数字迪拉姆中央银行数字货币（CBDC）。

The digital dirham will be based on blockchain technology and aims to enhance financial stability and help combat financial crime, said Khaled Mohamed Balama, governor of the Central Bank of the UAE. It will also be accepted alongside its physical counterpart in all payment channels, according to a report by Khaleej Times.

阿联酋中央银行州长哈立德·穆罕默德·巴拉马（Khaled Mohamed Balama）表示，数字迪拉姆将基于区块链技术，旨在提高金融稳定并帮助打击金融犯罪。根据Khaleej Times的一份报告，它也将在所有付款渠道中与其物理同行一起接受。

Sonic faced criticism over stablecoin plans

Sonic面临对Stablecoin计划的批评

The announcement follows widespread criticism of Sonic’s original plan to launch an algorithmic stablecoin — a model that has raised concerns across the crypto industry since the collapse of the Terra ecosystem in 2022.

该公告是对Sonic推出算法Stablecoin的最初计划的广泛批评，这种模型自2022年Terra生态系统崩溃以来引起了整个加密货币行业的关注。

Cronje himself previously admitted to experiencing Post-traumatic stress disorder (PTSD) related to algorithmic stablecoin due to previous cycles:

克朗杰（​​Cronje）本人以前承认由于以前的周期而患有与算法stablecoin有关的创伤后应激障碍（PTSD）：

In May 2022, the $40 billion Terra ecosystem collapsed, erasing tens of billions of dollars of value in a matter of days. Terra’s algorithmic stablecoin, TerraUSD (UST), had been yielding over a 20% annual percentage yield (APY) on Anchor Protocol prior to its collapse.

2022年5月，这项耗资400亿美元的Terra生态系统崩溃了，几天之内消除了数十亿美元的价值。 Terra的算法Stablecoin Terrausd（UST）在锚固方案倒闭之前，在锚固方案上的年收益率（APY）超过20％。

As UST lost its dollar peg, crashing to a low of around $0.30, Terraform Labs co-founder Do Kwon took to X (then Twitter) to share his rescue plan. At the same time, the value of sister token LUNA — once a top 10 crypto project by market capitalization — plunged over 98% to $0.84. LUNA was trading north of $120 in early April 2022.

当UST失去了美元钉时，Terraform Labs联合创始人Do Kwon乘坐X（然后是Twitter）分享了他的救援计划。同时，曾经是市值的十大加密货币项目的姐妹令牌Luna的价值跌至98％以上，至0.84美元。露娜（Luna）在2022年4月上旬以120美元的价格交易。

The collapse of the algorithmic stablecoin issuer created shockwaves among both crypto investors and lawmakers.

算法稳定发行人的崩溃在加密投资者和立法者之间引起了冲击波。

To reduce systemic risk, the European Union’s Markets in Crypto-Assets Regulation (MiCA) bill will prohibit algorithmic stablecoins to avoid another Terra-like failure.

为了降低系统性风险，欧盟在加密资产管理法规（MICA）法案中的市场将禁止算法稳定稳定性，以避免另一个类似Terra的失败。

Meanwhile, stablecoins are increasingly being used for smaller, everyday payments rather than large transfers, according to CoinFund managing partner David Pakman.

同时，据CoinFund执行合伙人David Pakman称，Stablecoins越来越多地用于较小的日常付款，而不是大型转移。

“We’ve seen a significant decrease in the size of each stablecoin transaction, which points to the fact that they are being used more as payments and less for large transfers,” Pakman said during Cointelegraph’s Chainreaction live show on X on March 27.

帕克曼在Cointelegraph在3月27日X上的Chainreacheaction Live Show中说：“我们已经看到，每项Stablecoin交易的规模显着减少，这表明它们被用作付款，而对大型转移的使用量更少。”