Ayini ama-stablecoins, avikelwa kanjani futhi kufanelekile ukutshala kuwo ngo-2024

Ayini ama-stablecoins, awayini, asebenza kanjani futhi avikeleke kanjani, futhi kufanelekile ukuwathenga ngo-2022, yiziphi izingozi zomtshali-zimali. Izimpahla ze-Cryptocurrency zithola ukuduma minyaka yonke. Ayanda amathokheni amasha avela, kufaka phakathi ama-stablecoins. Sebevele bakwazi ukunqoba ingxenye enkulu yemakethe ye-cryptocurrency, njengoba benezinzuzo eziningi, into eyinhloko ukuvikelwa kwezimali kusuka ekuguquguqukeni ukuthi noma yiziphi izimpahla ze-crypto zingaphansi kwazo. Lesi sihloko sizogxila kuma-stablecoins.

Iyini i-stablecoin ngamagama alula

Inkinga enkulu yezimpahla ze-cryptocurrency zalabo abasebenzisa amathokheni njengohlobo lwemali
ukuguquguquka okungalawuleki . Ukushintshashintsha kwenani lohlamvu lwemali lokuqala emhlabeni ngokuphindaphindiwe kudlule amashumi ezinkulungwane zamaRandi futhi kwehle ngaphansi kweshumi nambili ngemva kwenani eliphakeme lama-$67,000. I-stablecoin ixazulula inkinga yokuguquguquka, njengoba izinga lohlamvu lwemali olunjalo liboshwe ngokuqondile nemali ye-fiat noma impahla ebonakalayo. Esimweni sokuqala, kungaba idola laseMelika, kanti okwesibili, igolide. Nokho, kukhona ama-stablecoins, izinga lawo eliqinisekiswa ngokwengxenye noma ngokuphelele inani lenye impahla ye-cryptocurrency.

Ayini ama-stablecoins?

I-Stablecoins ingasetshenziswa njengemali evamile ye-fiat ukuthenga ukudla, isibonelo. Kodwa-ke, lena akuyona ukuphela kwendawo yokusetshenziswa kwezinhlamvu zemali ezinjalo. Imvamisa, ama-stablecoins asetshenziselwa ukugcina imali ekuhwebeni kwe-cryptocurrency.
Ngeke kwenzeke ukuthola imali ngesitoreji esilula, noma kunjalo, kungenzeka ukuvimbela ukulahlekelwa kombhangqwana wokuhweba ngesikhathi sokuwa ngokuyidlulisela ku-stablecoin. Lesi yicala elilodwa lokusetshenziswa, kodwa kude nelodwa kuphela. Esinye isibonelo ukuthi abadlali abakhulu emakethe ye-cryptocurrency baguqula izimpahla zibe ama-stablecoins ukuze bangalahlekelwa lutho ngesikhathi sokuphumula. I-Stablokins isetshenziselwa:

• ukwenza imisebenzi yansuku zonke;
• ukudluliselwa kwabanye abantu ngaphandle kwekhomishini – okuhlanganisa nakwamanye amazwe;
• ukuvikela imali yendawo ekukhuphukeni kwamandla emali;
• ukunciphisa ukuncika kokuhwebelana kwe-cryptocurrency ezindlekweni ze-bitcoin;
• ukuthuthukiswa kokudluliswa okuphindelelayo kusuka ku-akhawunti yasebhange eyodwa kuya kwenye.

Lolu hlu lukhula njalo. Lokhu kungenxa yokwanda kobubanzi be-stablecoins. Isibonelo, bangafakwa esigxotsheni ukuze bathole imali engenayo, kodwa le ndawo ayidumile kangako.

Ayini ama-stablecoins adumile ngo-2022 – uhlu lwaziwayo

Sekukonke, ungabala inani elikhulu lama-stablecoins, kodwa akuwona wonke uhlamvu lwemali olungabhekwa njengoluthembekile. Okokuqala, lokhu kungenxa yokujikeleza kwezimpahla ezakha i-pool jikelele yethokheni, kanye nokuzethemba kwabatshalizimali. Cabanga ngezinhlelo zokusebenza ezizinzile ezingu-TOP 10 ezidume kakhulu zangoJulayi 2022.

Igama	Osonhlamvukazi bemakethe ($)
I-USDT	3.9 trillion
USDC	3.3 trillion
BUSD	1.07 trillion
I-DAI	440 billion
I-FRAX	84 billion
I-TUSD	71 billion
USDP	56 billion
USDN	44 billion
USDD	43 billion
I-FEI	25 billion

Ulwazi oluthathwe endaweni yokuhlaziya i-CoinMarketCap. I-TOP yakhiwe ngokuvumelana nesimiso sokwenza imali emakethe. Okusho ukuthi, uma kunosonhlamvukazi abaningi, indawo ephezulu esilinganisweni esinikeziwe.

Yiziphi izimpahla eziboshelwe

Namuhla, avame kakhulu ama-stablecoins, axhunywe inani lemali ye-fiat – idola laseMelika. Ithokheni enokwethenjelwa kakhulu namuhla yi-USDT, lapho izinga lihlala lihlala li-1 kuya ku-1. Ukuphambuka kungenzeka, kodwa kuncane futhi, njengomthetho, kwenzeka ngesikhathi sokuguquguquka kwemali ye-fiat.
Idola libhekwa njengohlobo lwemali yendawo yonke, ngakho-ke ama-stablecoins amaningi akhonjelwe kulo. Nokho, kunezinye izimpahla ezizinzile ezikhonjwe emalini kazwelonke yamanye amazwe, njenge-euro. Kukhona futhi ama-stablecoins amaningi aboshwe ezinsimbi eziyigugu. Ngokuvamile igolide. Inzuzo eyinhloko yezimpahla ezisekelwe ezinsimbi eziyigugu ukuthi awekho amakhomishini futhi kulula ukuphatha izimpahla. Futhi ukuhoxisa izimali kulula.

Yiziphi izindlela zokusekela amanani

Cishe yonke impahla ye-cryptocurrency inamathuluzi asekela futhi athethelela intengo yawo. Nokho, kunezindlela ezintathu eziyinhloko ezingahlukaniswa zibe izinhlobo:

• inani lezinhlamvu zemali ezigcinwe isistimu:
• imithetho yokusetshenziswa kwempahla evela endaweni ebekiwe;
• ezinye izindlela zokugcina inani – impahla ngayinye inendlela yayo.

Yiziphi ama-stablecoins aphakathi nendawo

Cishe wonke amathokheni azinzile alawulwa abakhiphi abamaphakathi. Bakha futhi balondoloze izimali eziphethe izimpahla ezibekelwe noma izimali ze-fiat njengedola laseMelika. Angaphansi kokuhlolwa ukuze kuqinisekiswe inani elimenyezelwe lezimpahla. I-stablecoin ethandwa kakhulu yi-USDT, ephethwe yi-Tether. Ihlala ibuyekeza ulwazi lomthamo wezimpahla ezigciniwe ngaphakathi kwesikhwama, futhi iqinisekisa isinxephezelo sabatshalizimali ngokulahlekelwa uma okuthile kwenzeka ku-USDT. Ngakho-ke, lesi sibonakaliso sithandwa kakhulu phakathi kwama-stablecoins. NgoJulayi 2022, isikhwama singaphezu kwamaphesenti angama-80 agcwele i-fiat kuphela.
Ithokheni yesibili ngobukhulu ezinzile ngosonhlamvukazi yi-USDC. Iphethwe yinhlanganisela ye-monopolistic ye-Coinbase ne-Circle. I-reserve ikakhulukazi iqukethe izimali ze-fiat namabhondi ase-United States of America. Inkampani yokuphatha itholakala eNew York. Izinhlangano eziphethe amathokheni azinzile zibhaliswe endaweni ethile enkulu. Ukukhishwa kwama-stablecoins kusingathwa okhiphayo. Futhi ukuphathwa kwempahla kuncike emalini eyinzuzo kanye nemali ebekiwe ekhona.

Yiziphi izinzuzo kanye nokubi kwe-stablecoins emaphakathi

Amathokheni azinzile aphethwe izinhlangano ezimaphakathi anokuqina okuhle. Inani lazo liqinisekiswa yizimpahla okuguquguquka kwazo kuncane. Ama-stablecoins anjalo anemali ephezulu futhi ayatholakala ngokuhwebelana ekushintshaneni okuningi okudumile kwe-cryptocurrency. Kuyafaneleka futhi ukugqamisa ithuba lokubala, ukonga imali nokuhweba ngqo ngaphakathi kwe-crypto exchange. Kodwa-ke, noma iyiphi inkinga ekuhwebeni okumaphakathi iyinkinga engaba khona kuwo wonke umnikazi we-stablecoin. Zingenzeka ngenxa yamaphutha enkampani yokuphatha, ukubika okungalungile, okubandakanya ngendlela yokukhohlisa noma eminye imicimbi.

Esinye sezibonelo ezinhle kakhulu senzeka ngo-2019. Uhlotshaniswa ne-Tether kanye ne-stablecoin yayo, kanye ne-Bitfinex crypto exchange. Lesi sakamuva sasisolwa ngokusebenzisa inhloko-dolobha yenkampani ye-Tether ngezinjongo zomuntu siqu – ukunxephezela izimali ezilahleke abasebenzisi bayo ngezizathu zesithathu. Imali yayingaphezu kwezigidi ezingu-800 zamaRandi.

I-crypto exchange ikwazile ukukhokha isikweletu futhi ixazulule ukungqubuzana kuphela ngemva kweminyaka emi-2. Ukulandela inkantolo, abatshalizimali bempahla ye-USDT baphendukela enkantolo, izimangalo sezivele zenziwe ngokumelene neTether – izinsolo zokusebenzisa izinhlelo ezingekho emthethweni zokukhohlisa.

Yiziphi i-algorithmic stablecoins

Inani le-stablecoins livamise ukunamathiselwa kokuthile, njengenani lemali ye-fiat noma enye impahla. Inzuzo eyinhloko ye-stablecoins isivikelo ekuguqukeni okuphezulu, okuvame ukusetshenziswa ngabatshalizimali nabahwebi. Cishe yonke i-stablecoin ilwela ukubophezela ngokugcwele kwempahla ethile, yethula izindlela zayo. Futhi lezo esezisebenza kakade zinempahla eyanele ukuze zivikeleke futhi ziqinisekise inani lazo. Lezi zimpahla zitholakala ezinhlanganweni ezimaphakathi, njengamabhange. Izimali zisebenza ngaphandle kokusebenzisa ubuchwepheshe be-blockchain. Ama-stablecoins adume kakhulu ngemali yemakethe asebenza kanjena. Kodwa-ke, kukhona ama-stablecoins asebenzisa ubuchwepheshe be-blockchain ukwakha isikhwama. Abanye baze basebenze ngezinqubo ezihlukaniselwe abantu, isb. I-DAI. Ama-stablecoins anjalo abizwa ngokuthi i-algorithmic. Ngegama, ungaqonda ukuthi ama-algorithms asetshenziswa njengesisekelo sokwakheka kwawo. Kulokhu, kuwuhlobo lohlu lwemithetho, imiyalelo kanye nemikhawulo okufanele ilandelwe. Ngokuvamile yonke into yenziwa ngezinqubo zokubala ezinohlu oluthile lwedatha yokufaka. Ukuthuthukiswa kwe-algorithm kunomgomo owodwa – ukugcina izinga lokushintshisana kwamathokheni lizinzile uma kuqhathaniswa nezimpahla ezikhonjiwe. Ngokuvamile, i-algorithmic stablecoins ayinayo imali noma esinye isibambiso. Izindleko aziboshelwe ezimpahleni zangaphandle. Nokho, kukhona futhi hybrids. Konke odinga ukukwazi mayelana ne-stablecoins, USDC, USDT, DAI, BUSD: https://youtu.be/71u4U2eJWGg Kulokhu, kuwuhlobo lohlu lwemithetho, imiyalelo kanye nemikhawulo okufanele ilandelwe. Ngokuvamile yonke into yenziwa ngezinqubo zokubala ezinohlu oluthile lwedatha yokufaka. Ukuthuthukiswa kwe-algorithm kunomgomo owodwa – ukugcina izinga lokushintshisana kwamathokheni lizinzile uma kuqhathaniswa nezimpahla ezikhonjiwe. Ngokuvamile, i-algorithmic stablecoins ayinayo imali noma esinye isibambiso. Izindleko aziboshelwe ezimpahleni zangaphandle. Nokho, kukhona futhi hybrids. Konke odinga ukukwazi mayelana ne-stablecoins, USDC, USDT, DAI, BUSD: https://youtu.be/71u4U2eJWGg Kulokhu, kuwuhlobo lohlu lwemithetho, imiyalelo kanye nemikhawulo okufanele ilandelwe. Ngokuvamile yonke into yenziwa ngezinqubo zokubala ezinohlu oluthile lwedatha yokufaka. Ukuthuthukiswa kwe-algorithm kunomgomo owodwa – ukugcina izinga lokushintshisana kwamathokheni lizinzile uma kuqhathaniswa nezimpahla ezikhonjiwe. Ngokuvamile, i-algorithmic stablecoins ayinayo imali noma esinye isibambiso. Izindleko aziboshelwe ezimpahleni zangaphandle. Nokho, kukhona futhi hybrids. Konke odinga ukukwazi mayelana ne-stablecoins, USDC, USDT, DAI, BUSD: https://youtu.be/71u4U2eJWGg Ukuthuthukiswa kwe-algorithm kunomgomo owodwa – ukugcina izinga lokushintshisana kwamathokheni lizinzile uma kuqhathaniswa nezimpahla ezikhonjiwe. Ngokuvamile, i-algorithmic stablecoins ayinayo imali noma esinye isibambiso. Izindleko aziboshelwe ezimpahleni zangaphandle. Nokho, kukhona futhi hybrids. Konke odinga ukukwazi mayelana ne-stablecoins, USDC, USDT, DAI, BUSD: https://youtu.be/71u4U2eJWGg Ukuthuthukiswa kwe-algorithm kunomgomo owodwa – ukugcina izinga lokushintshisana kwamathokheni lizinzile uma kuqhathaniswa nezimpahla ezikhonjiwe. Ngokuvamile, i-algorithmic stablecoins ayinayo imali noma esinye isibambiso. Izindleko aziboshelwe ezimpahleni zangaphandle. Nokho, kukhona futhi hybrids. Konke odinga ukukwazi mayelana ne-stablecoins, USDC, USDT, DAI, BUSD: https://youtu.be/71u4U2eJWGg

Yiziphi i-algorithmic stablecoins

Namuhla kunzima ukukhetha indlela yokulawula inani le-stablecoin. Ngakho-ke, ukuhlukahluka okusha kwamathokheni azinzile kuvela. Enye indlela ukudala isikhwama, umthamo waso odlula kakhulu ukukhishwa kohlamvu lwemali. Ithokheni ethandwa kakhulu esebenza ngale ndlela yi-DAI. Inomkhawulo omkhulu wokuqala, iziphatha ngokuzinzile, kodwa ukusebenza kahle kwempahla kuphansi kakhulu kunaleyo yozakwabo abaphakathi nendawo. NgoMeyi 2022, umholi ngokwemali yemakethe wayeyimpahla, inani layo lehle laba lincane. Sikhuluma ngephrojekthi ye-Terra kanye nethokheni ye-UST. Isimiso sasiwukuthi abadali abazange balawule ukukhishwa – noma ubani angakhipha amathokheni. Abenzeli bezomnotho bebezibandakanye ekulungiseni amanani.
Ithokheni yayibhekwa njengezinzile ngoba abahlanganyeli bayo bangashisa ngokweqile ukuze inani lempahla lihlale lilingana nedola laseMelika. Ukuzinza kwafinyelelwa ngama-algorithms ezinhlamvu. Kodwa-ke, i-UST iphrojekthi ye-Terra enempahla ye-TerraLUNA. Maphakathi noMeyi, yehle yaba ngamasenti angama-20 isuka ku-$60 ezinsukwini ezimbalwa. Ngokumlandela, i-UST algorithmic stablecoin nayo yawa. NgoJulayi 2022, ihweba ngamasenti angama-2-3. Akekho ongasho isizathu sokuwa okubukhali okunjalo kwethokheni ethembisayo, noma kunjalo, abanye abahlaziyi kanye nensiza ye-Investing.com bakholelwa ukuthi ukukhwabanisa kwabadlali abakhulu emakethe kuyicala. Ngokusho kwenguqulo yabo, laba bakamuva badale isimo esaphazamisa ama-algorithms we-UST futhi, ngenxa yalokho, isifundo. Ukweqa okubukhali nokunamandla phakathi kwedola nenani lohlamvu lwemali kubangele ukusabela kuyo yonke imakethe. Isici esiyinhloko

Ukuthi izitebele zizokhula kanjani

Iningi lama-stablecoins anezimali ezinempahla yangempela, i-algorithmic, ngokuphambene nalokho. Ku-arsenal yabo, kunezibalo kuphela kanye nezindlela ezithuthukisiwe ezisiza ukugqugquzela ukuzinza kwesilinganiso sokushintshaniswa okuhlobene nohlamvu lwemali oluthile. Futhi, ama-stablecoins ahlotshaniswa nezingozi, ngoba abatshalizimali abakwazi ukuqiniseka ngokusobala kwezinqolobane. Lokhu kungase kubonise hhayi kuphela ukulawulwa okungenzeka kwe-stablecoins nguhulumeni, kodwa futhi nokuthuthukiswa kwamathokheni azinzile we-algorithmic. Kodwa-ke, usebenzisa isibonelo se-UST, umuntu angabona ukuthi okwamanje azikho izindlela ezisebenzayo zokuthuthukiswa kwendawo. Kodwa ngesikhathi esifanayo akunakugwenywa esikhathini esizayo esiseduze. I-Stablecoins iyimpahla ehlukahlukene esevele isetshenziswa ezindaweni eziningi zokuphila kwansuku zonke. Ubuchwepheshe buthuthuka ngenkuthalo, kuvela izinhlamvu zemali ezintsha ezimaphakathi, kanye namathokheni we-algorithmic.