{"id":13201,"date":"2026-05-04T23:57:55","date_gmt":"2026-05-04T16:57:55","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/04\/stablecoins-la-thuat-ngu-loi-thoi-can-duoc-thay-the-trong-ky-nguyen-blockchain-moi\/"},"modified":"2026-05-04T23:57:55","modified_gmt":"2026-05-04T16:57:55","slug":"stablecoins-la-thuat-ngu-loi-thoi-can-duoc-thay-the-trong-ky-nguyen-blockchain-moi","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/04\/stablecoins-la-thuat-ngu-loi-thoi-can-duoc-thay-the-trong-ky-nguyen-blockchain-moi\/","title":{"rendered":"Stablecoins l\u00e0 thu\u1eadt ng\u1eef l\u1ed7i th\u1eddi c\u1ea7n \u0111\u01b0\u1ee3c thay th\u1ebf trong k\u1ef7 nguy\u00ean blockchain m\u1edbi"},"content":{"rendered":"
\n

Trong b\u1ed1i c\u1ea3nh c\u00f4ng ngh\u1ec7 t\u00e0i ch\u00ednh phi t\u1eadp trung \u0111ang v\u1eadn \u0111\u1ed9ng kh\u00f4ng ng\u1eebng, thu\u1eadt ng\u1eef “Stablecoins” \u2013 v\u1ed1n t\u1eebng l\u00e0 bi\u1ec3u t\u01b0\u1ee3ng cho s\u1ef1 \u1ed5n \u0111\u1ecbnh trong th\u1ebf gi\u1edbi crypto s\u01a1 khai \u2013 \u0111ang d\u1ea7n b\u1ed9c l\u1ed9 nh\u1eefng h\u1ea1n ch\u1ebf v\u1ec1 m\u1eb7t \u0111\u1ecbnh ngh\u0129a. Gi\u1edbi chuy\u00ean gia t\u1eeb A16z m\u1edbi \u0111\u00e2y \u0111\u00e3 \u0111\u01b0a ra g\u00f3c nh\u00ecn s\u1eafc b\u00e9n r\u1eb1ng, vi\u1ec7c ti\u1ebfp t\u1ee5c s\u1eed d\u1ee5ng thu\u1eadt ng\u1eef Stablecoins gi\u1ed1ng nh\u01b0 m\u1ed9t “l\u1ed7i h\u1ec7 th\u1ed1ng” (bug) c\u1ea7n \u0111\u01b0\u1ee3c tinh ch\u1ec9nh \u0111\u1ec3 ph\u1ea3n \u00e1nh \u0111\u00fang b\u1ea3n ch\u1ea5t c\u1ee7a c\u00e1c c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh s\u1ed1 hi\u1ec7n \u0111\u1ea1i.<\/p>\n

\n \"Stablecoins
\u1ea2nh t\u1eeb ngu\u1ed3n: cointelegraph.com<\/em><\/figcaption><\/figure>\n

B\u1ea3n ch\u1ea5t c\u1ee7a Stablecoins d\u01b0\u1edbi g\u00f3c nh\u00ecn k\u1ef9 thu\u1eadt<\/h2>\n

Th\u1ef1c t\u1ebf cho th\u1ea5y m\u1ed9t ngh\u1ecbch l\u00fd l\u00e0 nh\u1eefng t\u00e0i s\u1ea3n \u0111\u01b0\u1ee3c g\u1eafn m\u00e1c Stablecoins hi\u1ec7n nay \u0111\u00e3 v\u01b0\u1ee3t xa kh\u1ecfi c\u00e1c kh\u00e1i ni\u1ec7m s\u01a1 khai v\u1ec1 vi\u1ec7c neo gi\u1eef gi\u00e1 tr\u1ecb \u0111\u01a1n thu\u1ea7n. John Palmer, m\u1ed9t nh\u00e0 ph\u00e1t tri\u1ec3n v\u00e0 c\u1ed1 v\u1ea5n th\u01b0\u01a1ng hi\u1ec7u, \u0111\u00e3 th\u1eb3ng th\u1eafn chia s\u1ebb quan \u0111i\u1ec3m r\u1eb1ng vi\u1ec7c g\u1ecdi c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n n\u00e0y l\u00e0 “stablecoins” kh\u00f4ng c\u00f2n mang l\u1ea1i s\u1ef1 ch\u00ednh x\u00e1c v\u1ec1 m\u1eb7t \u0111\u1ecbnh danh trong h\u1ec7 sinh th\u00e1i s\u1ed1 \u0111ang ph\u00e1t tri\u1ec3n. Khi m\u1ed9t c\u00f4ng ngh\u1ec7 \u0111\u00e3 \u0111\u1ea1t \u0111\u1ebfn s\u1ef1 ph\u1ee9c t\u1ea1p v\u00e0 \u1ee9ng d\u1ee5ng s\u00e2u r\u1ed9ng nh\u01b0 c\u00e1c giao th\u1ee9c t\u00e0i ch\u00ednh hi\u1ec7n nay, nh\u1eefng thu\u1eadt ng\u1eef c\u0169 k\u1ef9 tr\u1edf th\u00e0nh r\u00e0o c\u1ea3n ng\u0103n c\u1ea3n ng\u01b0\u1eddi d\u00f9ng hi\u1ec3u r\u00f5 v\u1ec1 b\u1ea3n ch\u1ea5t th\u1ef1c s\u1ef1 c\u1ee7a thu\u1eadt to\u00e1n ph\u00eda sau.<\/p>\n

Nh\u00ecn s\u00e2u v\u00e0o b\u1ea3n ch\u1ea5t c\u1ee7a c\u00e1c giao th\u1ee9c n\u00e0y, ch\u00fang ta th\u1ea5y m\u1ed9t h\u1ec7 sinh th\u00e1i \u0111\u1ea7y s\u1ed1ng \u0111\u1ed9ng n\u01a1i c\u00e1c quy t\u1eafc \u0111\u01b0\u1ee3c m\u00e3 h\u00f3a ch\u1eb7t ch\u1ebd. S\u1ef1 v\u1eadn \u0111\u1ed9ng c\u1ee7a Bitcoin, Ethereum hay c\u00e1c t\u00e0i s\u1ea3n s\u1ed1 kh\u00e1c \u0111ang t\u1ea1o n\u00ean m\u1ed9t n\u1ec1n kinh t\u1ebf kh\u00f4ng ng\u1ee7. Trong khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u1eabn \u0111ang theo d\u00f5i s\u00e1t sao vi\u1ec7c Bitcoin v\u01b0\u1ee3t ng\u01b0\u1ee1ng 80.000 USD sau th\u1eddi gian d\u00e0i t\u00edch l\u0169y<\/a>, th\u00ec ch\u00ednh nh\u1eefng c\u00f4ng c\u1ee5 v\u1ed1n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 Stablecoins l\u1ea1i \u0111\u00f3ng vai tr\u00f2 nh\u01b0 nh\u1eefng “tr\u1ea1m d\u1eebng” thanh kho\u1ea3n, \u0111\u1ea3m b\u1ea3o d\u00f2ng ch\u1ea3y t\u00e0i ch\u00ednh di\u1ec5n ra th\u00f4ng su\u1ed1t gi\u1eefa c\u00e1c n\u1ec1n t\u1ea3ng kh\u00e1c nhau.<\/p>\n

\u0110\u1ecbnh ngh\u0129a l\u1ea1i Stablecoins trong t\u01b0\u01a1ng lai k\u1ef9 thu\u1eadt s\u1ed1<\/h2>\n

\u0110\u00e1ng ch\u00fa \u00fd l\u00e0 s\u1ef1 c\u1ea7n thi\u1ebft c\u1ee7a m\u1ed9t danh x\u01b0ng mang t\u00ednh t\u1ef1 \u0111\u1ecbnh ngh\u0129a v\u00e0 kh\u00f4ng b\u1ecb \u0111\u1ed9ng (non-reactionary) \u0111\u1ed1i v\u1edbi nh\u00f3m t\u00e0i s\u1ea3n n\u00e0y. Thay v\u00ec d\u1ef1a v\u00e0o c\u1ea3m t\u00ednh v\u1ec1 s\u1ef1 “\u1ed5n \u0111\u1ecbnh” mang t\u00ednh th\u1ecb tr\u01b0\u1eddng, gi\u1edbi c\u00f4ng ngh\u1ec7 \u0111ang h\u01b0\u1edbng t\u1edbi vi\u1ec7c g\u1ecdi t\u00ean ch\u00fang d\u1ef1a tr\u00ean ch\u1ee9c n\u0103ng c\u1ed1t l\u00f5i. S\u1ef1 chuy\u1ec3n d\u1ecbch n\u00e0y kh\u00f4ng ch\u1ec9 n\u1eb1m \u1edf t\u00ean g\u1ecdi, m\u00e0 c\u00f2n \u1edf c\u00e1ch c\u00e1c nh\u00e0 ph\u00e1t tri\u1ec3n x\u00e2y d\u1ef1ng c\u00e1c giao th\u1ee9c an to\u00e0n h\u01a1n, minh b\u1ea1ch h\u01a1n, \u0111\u1eb7c bi\u1ec7t trong b\u1ed1i c\u1ea3nh c\u00e1c cu\u1ed9c \u0111\u1ed1i \u0111\u1ea7u ph\u00e1p l\u00fd v\u1eabn \u0111ang ti\u1ebfp di\u1ec5n, \u0111\u01a1n c\u1eed nh\u01b0 vi\u1ec7c ch\u1eb7n chuy\u1ec3n ti\u1ec1n ETH b\u1ecb \u0111\u00e1nh c\u1eafp t\u1eeb Kelp: Cu\u1ed9c \u0111\u1ed1i \u0111\u1ea7u ph\u00e1p l\u00fd m\u1edbi<\/a> \u0111ang \u0111\u1eb7t ra nhi\u1ec1u d\u1ea5u h\u1ecfi v\u1ec1 kh\u1ea3 n\u0103ng ki\u1ec3m so\u00e1t v\u00e0 t\u00ednh phi t\u1eadp trung th\u1ef1c s\u1ef1 c\u1ee7a c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n s\u1ed1.<\/p>\n

Vi\u1ec7c lo\u1ea1i b\u1ecf thu\u1eadt ng\u1eef Stablecoins c\u0169 k\u1ef9 l\u00e0 m\u1ed9t b\u01b0\u1edbc ti\u1ebfn t\u1ea5t y\u1ebfu trong qu\u00e1 tr\u00ecnh tr\u01b0\u1edfng th\u00e0nh c\u1ee7a th\u1ecb tr\u01b0\u1eddng. Khi c\u00e1c h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh ng\u00e0y c\u00e0ng tr\u1edf n\u00ean ph\u1ee9c t\u1ea1p, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 c\u00e1c th\u01b0\u01a1ng v\u1ee5 s\u00e1p nh\u1eadp quy m\u00f4 l\u1edbn nh\u01b0 vi\u1ec7c GameStop mua l\u1ea1i eBay v\u1edbi th\u01b0\u01a1ng v\u1ee5 55,5 t\u1ef7 USD \u0111\u1ea7y tham v\u1ecdng<\/a>, s\u1ef1 r\u00f5 r\u00e0ng trong ng\u00f4n ng\u1eef chuy\u00ean m\u00f4n ch\u00ednh l\u00e0 ch\u00eca kh\u00f3a \u0111\u1ec3 \u0111\u1ecbnh h\u00ecnh ni\u1ec1m tin c\u1ee7a ng\u01b0\u1eddi d\u00f9ng v\u00e0 c\u00e1c nh\u00e0 qu\u1ea3n l\u00fd trong t\u01b0\u01a1ng lai.<\/p>\n

B\u00e0i vi\u1ebft \u0111\u00e3 \u0111\u01b0\u1ee3c bi\u00ean t\u1eadp l\u1ea1i t\u1eeb ngu\u1ed3n: cointelegraph.com<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Trong b\u1ed1i c\u1ea3nh c\u00f4ng ngh\u1ec7 t\u00e0i ch\u00ednh phi t\u1eadp trung \u0111ang v\u1eadn \u0111\u1ed9ng kh\u00f4ng ng\u1eebng, thu\u1eadt ng\u1eef “Stablecoins” \u2013 v\u1ed1n t\u1eebng l\u00e0 bi\u1ec3u t\u01b0\u1ee3ng cho s\u1ef1 \u1ed5n \u0111\u1ecbnh trong th\u1ebf gi\u1edbi crypto s\u01a1 khai \u2013 \u0111ang d\u1ea7n b\u1ed9c l\u1ed9 nh\u1eefng h\u1ea1n ch\u1ebf v\u1ec1 m\u1eb7t \u0111\u1ecbnh ngh\u0129a. Gi\u1edbi chuy\u00ean gia t\u1eeb A16z m\u1edbi \u0111\u00e2y \u0111\u00e3 \u0111\u01b0a […]<\/p>\n","protected":false},"author":1,"featured_media":13199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-13201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-va-web3"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/13201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/comments?post=13201"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/13201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/13199"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=13201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=13201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=13201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}