{"id":4280,"date":"2026-01-16T11:00:54","date_gmt":"2026-01-16T03:00:54","guid":{"rendered":"https:\/\/theexchain.com\/industry-expert-warns-misguided-stablecoin-bill-threatens-innovation-and-imposes-holding-tax-on-consumers\/"},"modified":"2026-01-16T11:00:54","modified_gmt":"2026-01-16T03:00:54","slug":"%e7%94%a2%e6%a5%ad%e5%b0%88%e5%ae%b6%e8%ad%a6%e5%91%8a%ef%bc%8c%e8%a2%ab%e8%aa%a4%e5%b0%8e%e7%9a%84%e7%a9%a9%e5%ae%9a%e5%b9%a3%e6%b3%95%e6%a1%88%e6%9c%83%e5%a8%81%e8%84%85%e5%89%b5%e6%96%b0%ef%bc%8c","status":"publish","type":"post","link":"https:\/\/theexchain.com\/zh\/%e7%94%a2%e6%a5%ad%e5%b0%88%e5%ae%b6%e8%ad%a6%e5%91%8a%ef%bc%8c%e8%a2%ab%e8%aa%a4%e5%b0%8e%e7%9a%84%e7%a9%a9%e5%ae%9a%e5%b9%a3%e6%b3%95%e6%a1%88%e6%9c%83%e5%a8%81%e8%84%85%e5%89%b5%e6%96%b0%ef%bc%8c\/","title":{"rendered":"\u7522\u696d\u5c08\u5bb6\u8b66\u544a\uff1a\u88ab\u8aa4\u5c0e\u7684\u7a69\u5b9a\u5e63\u6cd5\u6848\u5a01\u8105\u5275\u65b0\u4e26\u5c0d\u6d88\u8cbb\u8005\u5fb5\u6536\u300c\u6301\u6709\u7a05"},"content":{"rendered":"<p>\u5728\u7f8e\u570b\u570b\u6703\u63a8\u52d5\u52a0\u5bc6\u8ca8\u5e63\u5e02\u5834\u7d50\u69cb\u7acb\u6cd5\u7684\u540c\u6642\uff0c\u4e5f\u51fa\u73fe\u4e86\u95dc\u65bc\u7a69\u5b9a\u5e63\u734e\u52f5\u76e3\u7ba1\u7684\u91cd\u8981\u722d\u8ad6\u3002\u9280\u884c\u696d\u7684\u8aaa\u5ba2\u5011\u6b63\u5728\u63a8\u52d5\u5c07\u734e\u52f5\u50c5\u9650\u65bc\u5546\u5bb6\u4ea4\u6613\u7684\u689d\u6b3e\uff0cParadigm \u7684 Alex Grieve \u8a8d\u70ba\u6b64\u8209\u5728\u7d93\u6fdf\u5b78\u4e0a\u662f\u6709\u7f3a\u9677\u7684\uff0c\u8a66\u5716\u5c07 21 \u4e16\u7d00\u7684\u6280\u8853\u878d\u5165 20 \u4e16\u7d00\u7684\u76e3\u7ba1\u6846\u67b6\uff0c\u5177\u9ad4\u4f86\u8aaa\uff0c\u5c31\u662f\u5c07\u7a69\u5b9a\u5e63\u7576\u4f5c\u4fe1\u7528\u5361\u4f86\u8655\u7406\u3002Grieve \u8a8d\u70ba\uff0c\u9019\u7a2e\u505a\u6cd5\u6839\u672c\u4e0a\u662f\u932f\u8aa4\u7684\u3002\u7a69\u5b9a\u5e63\u4ee5\u501f\u8a18\u5361\u6a21\u5f0f\u904b\u4f5c\uff0c\u800c\u975e\u4fe1\u7528\u5361\u6a21\u5f0f\u3002\u5b83\u5011\u7684\u6536\u5165\u4e0d\u662f\u4f86\u81ea\u5546\u5bb6\u7684\u4ea4\u6613\u8cbb\u7528\uff0c\u800c\u662f\u4f86\u81ea\u5132\u5099\u8cc7\u7522\uff08\u5982\u7f8e\u570b\u570b\u5eab\u50b5\u5238\uff09\u7684\u6536\u76ca\u7387\u3002\u9019\u500b\u751f\u614b\u7cfb\u7d71\u7684\u50f9\u503c\u4f86\u81ea\u7ba1\u7406\u8cc7\u7522 (AUM)\uff0c\u800c\u975e\u4ea4\u6613\u91cf\u3002\u898f\u5b9a\u53ea\u6709\u5728\u6d88\u8cbb\u8005\u6d88\u8cbb\u6642\u624d\u80fd\u7372\u5f97\u734e\u52f5\u7684\u653f\u7b56\uff0c\u5be6\u969b\u4e0a\u6703\u6c92\u6536\u6301\u6709\u8cc7\u7522\u6642\u6240\u8cfa\u53d6\u7684\u5b73\u606f\uff0c\u4e5f\u5c31\u662f Grieve \u6240\u8aaa\u7684\u5411\u65e5\u5e38\u4f7f\u7528\u8005\u5fb5\u6536\u300c\u6301\u6709\u7a05\u300d\u3002\u5728\u76ee\u524d\u7684 GENIUS \u6cd5\u6848\u6846\u67b6\u4e0b\uff0c\u4ea4\u6613\u6240\u7b49\u5408\u4f5c\u5925\u4f34\u53ef\u4ee5\u8207\u7a69\u5b9a\u5e63\u6301\u6709\u8005\u5206\u4eab\u5132\u5099\u6536\u76ca\uff0c\u9019\u662f\u63d0\u4f9b\u6d41\u52d5\u6027\u7684\u516c\u5e73\u4ea4\u63db\u3002\u5efa\u8b70\u7684\u8b8a\u66f4\u5c07\u5728\u6cd5\u5f8b\u4e0a\u8981\u6c42\u767c\u884c\u8005\u4fdd\u7559\u6240\u6709\u6536\u76ca\uff0c\u9664\u975e\u9032\u884c\u96f6\u552e\u8cfc\u8cb7\u3002\u4f8b\u5982\uff0c\u4e00\u500b\u6301\u6709$10,000\u7a69\u5b9a\u5e63\u7684\u7528\u6236\u6bcf\u5e74\u53ef\u4ee5\u5f9e\u570b\u5eab\u50b5\u5238\u6536\u76ca\u7387\u4e2d\u8cfa\u53d6\u7d04$450\uff0c\u5229\u7387\u70ba4.5%\uff0c\u7af6\u722d\u6fc0\u70c8\u7684\u5e02\u5834\u5c07\u5927\u90e8\u5206\u8fd4\u7d66\u7528\u6236\u3002\u5728\u50c5\u9650\u4ea4\u6613\u734e\u52f5\u7684\u6a21\u5f0f\u4e0b\uff0c\u8a72\u7528\u6236\u6301\u6709\u7a69\u5b9a\u5e63\u5c07\u7121\u5229\u53ef\u5716\uff0c\u6bcf\u5e74\u9700\u8981\u82b1\u8cbb $22,500 \u7f8e\u5143\u624d\u80fd\u901a\u904e 2% \u7684\u73fe\u91d1\u56de\u5831\u734e\u52f5\u8cfa\u53d6\u76f8\u540c\u7684 $450\u3002Grieve \u8b66\u544a\u8aaa\uff0c\u9019\u9805\u653f\u7b56\u6703\u50b7\u5bb3\u6d88\u8cbb\u8005\uff0c\u7279\u5225\u662f\u90a3\u4e9b\u4f7f\u7528\u7a69\u5b9a\u5e63\u9032\u884c B2B \u652f\u4ed8\u3001\u8de8\u5883\u532f\u6b3e\u6216\u4f5c\u70ba\u50f9\u503c\u5132\u5b58\u7684\u6d88\u8cbb\u8005\uff0c\u8feb\u4f7f\u4ed6\u5011\u88dc\u8cbc\u4e2d\u4ecb\u4eba\u3002\u5b83\u4e5f\u5ffd\u7565\u4e86\u73fe\u5be6\u4e16\u754c\u7684\u4f7f\u7528\u6848\u4f8b\uff0c\u6709\u53ef\u80fd\u627c\u6bba\u7f8e\u570b\u7a69\u5b9a\u5e63\u61c9\u7528\u7684\u589e\u9577\u3002\u4f01\u696d\u53ef\u80fd\u6703\u9078\u64c7\u4e0d\u53d7\u76e3\u7ba1\u7684\u96e2\u5cb8\u66ff\u4ee3\u54c1\uff0c\u5c0e\u81f4\u6d41\u52d5\u8cc7\u91d1\u5916\u9003\u548c\u5c0d\u7f8e\u570b\u570b\u50b5\u7684\u9700\u6c42\u3002\u7e3d\u4e4b\uff0cGrieve \u8a8d\u70ba\u76e3\u7ba1\u5fc5\u9808\u8207\u57fa\u790e\u6280\u8853\u76f8\u4e00\u81f4\u3002\u7a69\u5b9a\u5e63\u7684\u50f9\u503c\u662f\u900f\u904e\u6301\u6709\u800c\u975e\u50c5\u662f\u82b1\u8cbb\u4f86\u5275\u9020\u7684\u3002\u9650\u5236\u5c0d\u4ea4\u6613\u7684\u734e\u52f5\uff0c\u662f\u7528\u904e\u6642\u7684\u601d\u7dad\u4f86\u89e3\u6c7a\u4e00\u500b\u4e0d\u5b58\u5728\u7684\u554f\u984c\u3002\u5c0d\u65bc\u7f8e\u570b\u4f86\u8aaa\uff0c\u8981\u57f9\u990a\u4e00\u500b\u6709\u7af6\u722d\u529b\u7684\u7a69\u5b9a\u5e63\u5e02\u5834\uff0c\u7d93\u6fdf\u5229\u76ca\u5fc5\u9808\u6d41\u5411\u5275\u9020\u50f9\u503c\u7684\u6d3b\u52d5\uff1a\u6301\u6709\u8cc7\u7522\u7684\u884c\u70ba\u672c\u8eab\u3002GENIUS\u6cd5\u6848\u662f\u4e00\u9805\u91cc\u7a0b\u7891\u5f0f\u7684\u652f\u6301\u5275\u65b0\u7684\u6cd5\u6848\uff0c\u7d55\u4e0d\u80fd\u5012\u9000\u56de\u4e00\u500b\u6548\u7387\u8f03\u4f4e\u3001\u6210\u672c\u8f03\u9ad8\u7684\u904e\u53bb\u6642\u4ee3\u7684\u7ffb\u7248\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>As the U.S. Congress advances cryptocurrency market structure legislation, a critical debate has emerged over the regulation of stablecoin rewards. Banking lobbyists are pushing for provisions that would restrict rewards exclusively to merchant transactions, a move characterized by Paradigm&#8217;s Alex Grieve as an economically flawed attempt to fit 21st-century technology into a 20th-century regulatory framework\u2014specifically, [&hellip;]<\/p>","protected":false},"author":1,"featured_media":4279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-4280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insight"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts\/4280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/comments?post=4280"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts\/4280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/media\/4279"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/media?parent=4280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/categories?post=4280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/tags?post=4280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}