{"id":13473,"date":"2026-05-05T15:54:05","date_gmt":"2026-05-05T08:54:05","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/05\/stablecoin-proposal-va-noi-lo-bao-ve-tien-gui-ngan-hang\/"},"modified":"2026-05-05T15:54:05","modified_gmt":"2026-05-05T08:54:05","slug":"stablecoin-proposal-va-noi-lo-bao-ve-tien-gui-ngan-hang","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/05\/stablecoin-proposal-va-noi-lo-bao-ve-tien-gui-ngan-hang\/","title":{"rendered":"Stablecoin proposal v\u00e0 n\u1ed7i lo b\u1ea3o v\u1ec7 ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng"},"content":{"rendered":"
\n

Stablecoin proposal, hay c\u00e1c \u0111\u1ec1 xu\u1ea5t khung ph\u00e1p l\u00fd cho \u0111\u1ed3ng ti\u1ec1n \u1ed5n \u0111\u1ecbnh, \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m trong c\u00e1c cu\u1ed9c tranh lu\u1eadn t\u1ea1i Qu\u1ed1c h\u1ed9i M\u1ef9. D\u00f9 Th\u01b0\u1ee3ng ngh\u1ecb s\u0129 Thom Tillis \u0111\u00e3 \u0111\u01b0a ra nh\u1eefng n\u1ed7 l\u1ef1c nh\u1eb1m t\u1ea1o ra m\u1ed9t gi\u1ea3i ph\u00e1p th\u1ecfa hi\u1ec7p mang t\u00ednh l\u01b0\u1ee1ng \u0111\u1ea3ng, c\u00e1c t\u1ed5 ch\u1ee9c ng\u00e2n h\u00e0ng truy\u1ec1n th\u1ed1ng v\u1eabn gi\u1eef quan \u0111i\u1ec3m c\u1ee9ng r\u1eafn r\u1eb1ng nh\u1eefng \u0111\u1ec1 xu\u1ea5t hi\u1ec7n t\u1ea1i v\u1eabn ch\u01b0a \u0111\u1ee7 s\u1ee9c b\u1ea3o v\u1ec7 ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng m\u1ed9t c\u00e1ch to\u00e0n di\u1ec7n. Trong b\u1ed1i c\u1ea3nh c\u00f4ng ngh\u1ec7 blockchain \u0111ang \u0111\u1ecbnh h\u00ecnh l\u1ea1i d\u00f2ng ch\u1ea3y t\u00e0i ch\u00ednh, kho\u1ea3ng c\u00e1ch gi\u1eefa c\u00e1c quy \u0111\u1ecbnh c\u0169 v\u00e0 th\u1ef1c t\u1ebf k\u1ef9 thu\u1eadt s\u1ed1 m\u1edbi \u0111ang t\u1ea1o ra m\u1ed9t “v\u00f9ng tr\u1ec5” \u0111\u1ea7y th\u00e1ch th\u1ee9c cho c\u1ea3 nh\u00e0 l\u00e0m lu\u1eadt l\u1eabn c\u00e1c \u0111\u1ecbnh ch\u1ebf t\u00e0i ch\u00ednh.<\/p>\n

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

Kho\u1ea3ng tr\u1ed1ng trong Stablecoin proposal v\u00e0 s\u1ef1 ho\u00e0i nghi t\u1eeb gi\u1edbi ng\u00e2n h\u00e0ng<\/h2>\n

Th\u1ef1c t\u1ebf cho th\u1ea5y m\u1ed9t ngh\u1ecbch l\u00fd l\u00e0 d\u00f9 c\u00f4ng ngh\u1ec7 ph\u00e1t tri\u1ec3n v\u1edbi t\u1ed1c \u0111\u1ed9 ch\u00f3ng m\u1eb7t, c\u00e1c khung ph\u00e1p l\u00fd nh\u01b0 Stablecoin proposal v\u1eabn loay hoay trong vi\u1ec7c c\u00e2n b\u1eb1ng l\u1ee3i \u00edch. C\u00e1c ng\u00e2n h\u00e0ng l\u1edbn t\u1ea1i M\u1ef9 b\u00e0y t\u1ecf quan ng\u1ea1i r\u1eb1ng c\u00e1c \u0111\u1ec1 xu\u1ea5t hi\u1ec7n h\u00e0nh ch\u01b0a thi\u1ebft l\u1eadp \u0111\u01b0\u1ee3c b\u1ee9c t\u01b0\u1eddng l\u1eeda \u0111\u1ee7 d\u00e0y \u0111\u1ec3 ng\u0103n ch\u1eb7n nh\u1eefng r\u1ee7i ro l\u00e2y lan t\u1eeb h\u1ec7 sinh th\u00e1i t\u00e0i s\u1ea3n s\u1ed1 v\u00e0o kho ti\u1ec1n g\u1eedi truy\u1ec1n th\u1ed1ng. Khi m\u1ed9t stablecoin g\u1eb7p s\u1ef1 c\u1ed1 v\u1ec1 kh\u1ea3 n\u0103ng thanh kho\u1ea3n, \u00e1p l\u1ef1c kh\u00f4ng ch\u1ec9 n\u1eb1m \u1edf ng\u01b0\u1eddi s\u1edf h\u1eefu token m\u00e0 c\u00f2n \u0111\u00e8 n\u1eb7ng l\u00ean h\u1ea1 t\u1ea7ng ng\u00e2n h\u00e0ng \u0111ang l\u01b0u k\u00fd t\u00e0i s\u1ea3n \u0111\u1ea3m b\u1ea3o cho ch\u00fang.<\/p>\n

Trong k\u1ef7 nguy\u00ean m\u00e0 c\u00e1c h\u00ecnh th\u00e1i thanh to\u00e1n \u0111ang thay \u0111\u1ed5i, vi\u1ec7c hi\u1ec3u r\u00f5 c\u00e1c r\u1ee7i ro h\u1ec7 th\u1ed1ng l\u00e0 \u0111i\u1ec1u t\u1ed1i quan tr\u1ecdng. Nhi\u1ec1u chuy\u00ean gia cho r\u1eb1ng, thay v\u00ec c\u1ed1 g\u1eafng l\u1eafp gh\u00e9p c\u00e1c m\u1ea3nh gh\u00e9p c\u0169, ch\u00fang ta c\u1ea7n nh\u00ecn nh\u1eadn l\u1ea1i b\u1ea3n ch\u1ea5t c\u1ee7a 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<\/a>. Vi\u1ec7c gi\u1eef nguy\u00ean c\u00e1c \u0111\u1ecbnh ngh\u0129a c\u0169 c\u00f3 th\u1ec3 khi\u1ebfn c\u00e1c Stablecoin proposal tr\u1edf n\u00ean l\u1ea1c h\u1eadu ngay t\u1eeb khi ch\u01b0a k\u1ecbp \u00e1p d\u1ee5ng.<\/p>\n

Th\u00e1ch th\u1ee9c c\u1ee7a Stablecoin proposal trong b\u1ed1i c\u1ea3nh thanh to\u00e1n xuy\u00ean bi\u00ean gi\u1edbi<\/h2>\n

S\u1ef1 s\u00f4i \u0111\u1ed9ng c\u1ee7a d\u00f2ng v\u1ed1n k\u1ef9 thu\u1eadt s\u1ed1 khi\u1ebfn vi\u1ec7c ki\u1ec3m so\u00e1t t\u00e0i s\u1ea3n tr\u1edf n\u00ean ph\u1ee9c t\u1ea1p h\u01a1n bao gi\u1edd h\u1ebft. Khi nh\u00ecn v\u00e0o C\u01a1 h\u1ed9i t\u1eeb stablecoin trong th\u1ecb tr\u01b0\u1eddng chuy\u1ec3n ti\u1ec1n M\u1ef9 Latinh<\/a>, ch\u00fang ta th\u1ea5y r\u00f5 nhu c\u1ea7u th\u1ef1c t\u1ebf v\u1ec1 m\u1ed9t ph\u01b0\u01a1ng ti\u1ec7n giao d\u1ecbch t\u1ed1c \u0111\u1ed9 cao. Tuy nhi\u00ean, khi chuy\u1ec3n ti\u1ec1n qua bi\u00ean gi\u1edbi, vai tr\u00f2 c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung gian v\u1eabn l\u00e0 m\u1ed9t m\u1eaft x\u00edch c\u1ea7n \u0111\u01b0\u1ee3c b\u1ea3o v\u1ec7 k\u1ef9 l\u01b0\u1ee1ng tr\u01b0\u1edbc c\u00e1c bi\u1ebfn \u0111\u1ed9ng t\u1eeb th\u1ecb tr\u01b0\u1eddng ti\u1ec1n \u0111i\u1ec7n t\u1eed.<\/p>\n

\u0110\u00e1ng ch\u00fa \u00fd, cu\u1ed9c tranh lu\u1eadn kh\u00f4ng ch\u1ec9 d\u1eebng l\u1ea1i \u1edf quy\u1ec1n ki\u1ec3m so\u00e1t c\u1ee7a ng\u00e2n h\u00e0ng. Khi xem x\u00e9t Th\u1ecb tr\u01b0\u1eddng d\u1ef1 b\u00e1o v\u00e0 cu\u1ed9c tranh lu\u1eadn v\u1ec1 quy\u1ec1n ki\u1ec3m so\u00e1t t\u1eeb CFTC<\/a>, ta th\u1ea5y r\u1eb1ng ranh gi\u1edbi gi\u1eefa c\u00e1c lo\u1ea1i h\u00ecnh t\u00e0i s\u1ea3n s\u1ed1 ng\u00e0y c\u00e0ng tr\u1edf n\u00ean mong manh. Stablecoin proposal n\u1ebfu kh\u00f4ng gi\u1ea3i quy\u1ebft \u0111\u01b0\u1ee3c b\u00e0i to\u00e1n ph\u00e2n quy\u1ec1n n\u00e0y s\u1ebd ti\u1ebfp t\u1ee5c v\u1ea5p ph\u1ea3i s\u1ef1 ph\u1ea3n \u0111\u1ed1i t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c t\u00edn d\u1ee5ng, v\u1ed1n \u0111ang \u0111\u1eb7t \u01b0u ti\u00ean h\u00e0ng \u0111\u1ea7u v\u00e0o s\u1ef1 an to\u00e0n c\u1ee7a d\u00f2ng ti\u1ec1n ti\u1ebft ki\u1ec7m t\u1eeb ng\u01b0\u1eddi d\u00e2n.<\/p>\n

\u0110\u1ecbnh h\u01b0\u1edbng t\u01b0\u01a1ng lai cho khung ph\u00e1p l\u00fd stablecoin<\/h2>\n

Vi\u1ec7c t\u00ecm ki\u1ebfm m\u1ed9t ti\u1ebfng n\u00f3i chung cho Stablecoin proposal \u0111\u00f2i h\u1ecfi nhi\u1ec1u h\u01a1n l\u00e0 c\u00e1c th\u1ecfa hi\u1ec7p ch\u00ednh tr\u1ecb. \u0110\u00f3 l\u00e0 s\u1ef1 th\u1ea5u hi\u1ec3u v\u1ec1 ki\u1ebfn tr\u00fac blockchain, v\u1ec1 c\u00e1ch th\u1ee9c v\u1eadn h\u00e0nh c\u1ee7a c\u00e1c h\u1ee3p \u0111\u1ed3ng th\u00f4ng minh v\u00e0 kh\u1ea3 n\u0103ng d\u1ef1 ph\u00f2ng r\u1ee7i ro thanh kho\u1ea3n. N\u1ebfu kh\u00f4ng th\u1ec3 t\u1ea1o ra m\u1ed9t h\u00e0nh lang ph\u00e1p l\u00fd \u0111\u1ee7 m\u1ea1nh m\u1ebd, n\u1ed7i lo v\u1ec1 s\u1ef1 an to\u00e0n c\u1ee7a ti\u1ec1n g\u1eedi ng\u00e2n h\u00e0ng s\u1ebd v\u1eabn l\u00e0 r\u00e0o c\u1ea3n l\u1edbn nh\u1ea5t ng\u0103n c\u1ea3n s\u1ef1 t\u00edch h\u1ee3p s\u00e2u r\u1ed9ng gi\u1eefa t\u00e0i ch\u00ednh truy\u1ec1n th\u1ed1ng v\u00e0 c\u00f4ng ngh\u1ec7 phi t\u1eadp trung.<\/p>\n

Nh\u00ecn s\u00e2u v\u00e0o b\u1ea3n ch\u1ea5t, c\u00e1c nh\u00e0 l\u1eadp ph\u00e1p c\u1ea7n ph\u1ea3i tr\u1ea3 l\u1eddi c\u00e2u h\u1ecfi li\u1ec7u Stablecoin proposal hi\u1ec7n t\u1ea1i c\u00f3 \u0111ang b\u1ea3o v\u1ec7 h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh kh\u1ecfi s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a c\u00f4ng ngh\u1ec7, hay ch\u1ec9 \u0111\u01a1n thu\u1ea7n l\u00e0 t\u1ea1o ra nh\u1eefng l\u00e1 ch\u1eafn t\u1ea1m th\u1eddi. Trong m\u1ed9t th\u1ebf gi\u1edbi n\u01a1i ti\u1ec1n t\u1ec7 \u0111\u01b0\u1ee3c s\u1ed1 h\u00f3a, s\u1ef1 an to\u00e0n kh\u00f4ng ch\u1ec9 n\u1eb1m \u1edf c\u00e1c v\u0103n b\u1ea3n ph\u00e1p quy, m\u00e0 c\u00f2n n\u1eb1m \u1edf s\u1ef1 minh b\u1ea1ch c\u1ee7a ch\u00ednh c\u00e1c giao th\u1ee9c c\u00f4ng ngh\u1ec7 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng.<\/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":"

Stablecoin proposal, hay c\u00e1c \u0111\u1ec1 xu\u1ea5t khung ph\u00e1p l\u00fd cho \u0111\u1ed3ng ti\u1ec1n \u1ed5n \u0111\u1ecbnh, \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m trong c\u00e1c cu\u1ed9c tranh lu\u1eadn t\u1ea1i Qu\u1ed1c h\u1ed9i M\u1ef9. D\u00f9 Th\u01b0\u1ee3ng ngh\u1ecb s\u0129 Thom Tillis \u0111\u00e3 \u0111\u01b0a ra nh\u1eefng n\u1ed7 l\u1ef1c nh\u1eb1m t\u1ea1o ra m\u1ed9t gi\u1ea3i ph\u00e1p th\u1ecfa hi\u1ec7p mang t\u00ednh l\u01b0\u1ee1ng \u0111\u1ea3ng, c\u00e1c t\u1ed5 ch\u1ee9c […]<\/p>\n","protected":false},"author":1,"featured_media":13470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-13473","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\/13473","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=13473"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/13473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/13470"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=13473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=13473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=13473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}