堆栈（STX）的独特位置是在第一个SEC监管的令牌中利用监管合规性

美国证券交易委员会（SEC）最近撤销了指南，要求公司代表客户持有加密货币的公司将其视为责任。

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.

唐纳德·特朗普（Donald Trump）总统于1月23日签署了一项期待已久的行政命令，建立了一个数字资产工作组。该集团将制定法规并评估联邦加密货币储备，以使美国资产类别合法化。同时，该命令对传统金融和加密平台的长期呼吁进行了长期呼吁。

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.

该命令遵循总统的承诺建立战略性国家比特币保护区，因为他的家人在加密货币行业的联系和个人财务利益加深了。他在纳什维尔举行的2024年比特币会议上做出了诺言。当时，他对美国应该成为世界的加密资本和超级大国的立场加倍，重申，在没有迅速措施的情况下，中国将击败美国。

A more supportive regulator

更支持的监管机构

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.

美国证券交易委员会（SEC）最近撤销了指南，要求代表客户持有加密货币的公司将其视为责任。与之前的许多指南一样，这些准则通过使其持有数字资产更昂贵来损害公司的利益。

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.

在退回这些准则之前，SEC推出了一个所谓的加密工作组。根据新闻稿，它的任务是开发尊重法律界限的合理监管道路。专员Hester Peirce高度批评前SEC主席Gary Gensler对加密货币监管的积极态度，将领导该工作队。她还是Gensler职位的竞争者。

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).

堆栈是比特币的2层缩放解决方案，也是在加密协议上运行的分散计算机网络，其独特的位置可以利用法规符合性作为第一个SEC调节的令牌。它的令牌STX是市值第67大加密货币。值得注意的是，在Gensler的任期期间，堆栈蓬勃发展，并非所有加密货币都可以说（Ripple被长期运行的诉讼击中）。

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.

领先的比特币L2团队来自纽约，感谢Coingecko在X上的Coingecko列出了美国制造的硬币的清单，并在上面堆放了堆栈。硬币在该列表中排名第22。最近，美国制造的硬币引起了很多关注。唐纳德·特朗普（Donald Trump）希望制定有用的立法，以使他们成长。他还希望消除这些资产中投资者的资本利得税。根据白宫的一份声明，他的行政命令旨在根据框架提供监管的确定性和清晰度，这些框架说明了新兴技术，技术中立的法规，定义明确的管辖权监管范围和透明决策。

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.

加密货币交易所和其他组织长期以来预期更清晰，更有利的法规，因此该过程有望帮助主流比特币和山寨币。作为一枚合规的硬币，没有任何罚款或延长的法律斗争可以阻止堆栈成为更成功的美国加密货币。

Stacks inherits Bitcoin's security and trustless nature

堆栈继承了比特币的安全性和无信任的性质

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.

堆栈将旗舰加密货币的出色安全性继承为带有双向钉的L2，使持有人能够钉在比特币区块链中。它使用比特币进行最终解决。它包装的SBTC是可用于交易的最安全包装的比特币产品之一。包裹的Rootstock Smart Bitcoin（RBTC）是唯一经过验证并在比特币区块链上安装的包装产品。

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.

堆栈继承了比特币的鲁棒性和不变性。它通过带来智能合约和分散应用程序来增强后者的效用。 Clarity，堆栈的安全，确定性的智能合同语言，使开发人员可以在没有风险的情况下编写透明和可预测的应用程序。

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采用转移证明（POX）机制，用户锁定STX令牌并获得比特币作为奖励，从而在堆栈和比特币之间建立了直接的经济联系。与传统采矿相比，痘痘机制需要明显少得多的能量，从而减轻了对区块链技术的环境影响的担忧。

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.

通过增强比特币的公用事业，堆叠其吸引力和用例，使主流用户更容易间接与比特币互动。分散的金融（DEFI），标记资产和Web3功能等功能有助于将比特币视为价值存储，从而吸引更广泛的受众。

Notable milestones for Stacks

著名的堆栈里程碑

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.

堆栈的生态系统每月达到超过3.5亿个API请求和40,000个Hiro Wallet下载并部署了2,500个Clarity Smart合同，并确立了自己的第一年的领先Web3项目。它促进了Defi平台的创建，例如DEX和贷款协议，从而实现了利用比特币安全性的金融服务。该平台上已经铸造了大约140,000个NFT，展示了其支持不同资产的能力。

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的推出使机构可以轻松购买硬币。它是允许投资者以安全形式获得STX令牌的最早车辆之一，而无需直接处理购买和存储。信托股票基于每股STX。该产品跟踪市场价值减去费用和其他成本。

Facilitating mainstream exposure to

促进主流接触