Stablecoin \u0111ang tr\u1edf th\u00e0nh m\u1ed9t th\u1ebf l\u1ef1c ch\u00ednh trong th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u00e3 h\u00f3a t\u1ea1i ch\u00e2u \u00c1. Michael Gronager, Gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh ki\u00eam \u0111\u1ed3ng s\u00e1ng l\u1eadp c\u1ee7a Chainalysis, tin r\u1eb1ng stablecoin s\u1ebd th\u00fac \u0111\u1ea9y qu\u00e1 tr\u00ecnh c\u00e1c t\u1ed5 ch\u1ee9c ch\u1ea5p nh\u1eadn ti\u1ec1n m\u00e3 h\u00f3a trong khu v\u1ef1c, ngay c\u1ea3 khi c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd kh\u00f4ng h\u00e0i l\u00f2ng v\u1ec1 \u0111i\u1ec1u \u0111\u00f3. Trong m\u1ed9t cu\u1ed9c ph\u1ecfng v\u1ea5n t\u1ea1i Token2049 \u1edf Singapore, \u00f4ng cho bi\u1ebft r\u1eb1ng b\u1ea5t ch\u1ea5p c\u00e1c m\u1ed1i lo ng\u1ea1i v\u1ec1 m\u1eb7t qu\u1ea3n l\u00fd, vi\u1ec7c s\u1eed d\u1ee5ng stablecoin \u0111ang gia t\u0103ng.<\/p>\n\n
Stablecoin l\u00e0 c\u00e1c m\u00e3 th\u00f4ng b\u00e1o ti\u1ec1n m\u00e3 h\u00f3a c\u00f3 gi\u00e1 tr\u1ecb \u0111\u01b0\u1ee3c g\u1eafn v\u1edbi c\u00e1c t\u00e0i s\u1ea3n trong th\u1ebf gi\u1edbi th\u1ef1c nh\u01b0 \u0111\u00f4 la M\u1ef9 ho\u1eb7c v\u00e0ng. Ch\u00fang h\u1ed7 tr\u1ee3 h\u1ec7 th\u1ed1ng giao d\u1ecbch ti\u1ec1n m\u00e3 h\u00f3a b\u1eb1ng c\u00e1ch cung c\u1ea5p m\u1ed9t kho l\u01b0u tr\u1eef gi\u00e1 tr\u1ecb \u1ed5n \u0111\u1ecbnh v\u00e0 m\u1ed9t ph\u01b0\u01a1ng ti\u1ec7n trao \u0111\u1ed5i. Kh\u00f4ng gi\u1ed1ng nh\u01b0 c\u00e1c lo\u1ea1i ti\u1ec1n m\u00e3 h\u00f3a kh\u00e1c c\u00f3 th\u1ec3 r\u1ea5t bi\u1ebfn \u0111\u1ed9ng, stablecoin cung c\u1ea5p m\u1ed9t gi\u00e1 tr\u1ecb c\u1ed1 \u0111\u1ecbnh, gi\u00fap ch\u00fang h\u1eefu \u00edch cho c\u00e1c giao d\u1ecbch h\u00e0ng ng\u00e0y.<\/p>\n\n
“Hai ph\u1ea7n ba t\u1ed5ng kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch tr\u00ean c\u00e1c blockchain l\u00e0 stablecoin”, Gronager l\u01b0u \u00fd. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y stablecoin \u0111\u00e3 tr\u1edf n\u00ean quan tr\u1ecdng nh\u01b0 th\u1ebf n\u00e0o trong h\u1ec7 th\u1ed1ng giao d\u1ecbch ti\u1ec1n m\u00e3 h\u00f3a. Ch\u00fang kh\u00f4ng ch\u1ec9 d\u00e0nh cho nh\u1eefng ng\u01b0\u1eddi giao d\u1ecbch m\u00e0 c\u00f2n \u0111\u01b0\u1ee3c nh\u1eefng ng\u01b0\u1eddi b\u00ecnh th\u01b0\u1eddng s\u1eed d\u1ee5ng \u0111\u1ec3 chuy\u1ec3n ti\u1ec1n v\u00e0 c\u00e1c ho\u1ea1t \u0111\u1ed9ng t\u00e0i ch\u00ednh kh\u00e1c.<\/p>\n\n
M\u1eb7c d\u00f9 stablecoin ng\u00e0y c\u00e0ng tr\u1edf n\u00ean ph\u1ed5 bi\u1ebfn, c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd v\u1eabn c\u00f3 m\u1ed9t s\u1ed1 lo ng\u1ea1i nh\u1ea5t \u0111\u1ecbnh. C\u1ea7n ph\u1ea3i gi\u1ea3i quy\u1ebft nhi\u1ec1u v\u1ea5n \u0111\u1ec1 tr\u01b0\u1edbc khi stablecoin c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c c\u00e1c c\u01a1 quan t\u00e0i ch\u00ednh ch\u1ea5p nh\u1eadn ho\u00e0n to\u00e0n. Gronager \u0111\u1ec1 c\u1eadp r\u1eb1ng c\u00e1c ng\u00e2n h\u00e0ng ch\u1eadm ch\u1ea5p nh\u1eadn stablecoin v\u00ec h\u1ecd ph\u1ea3i trao \u0111\u1ed5i v\u1edbi c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 l\u00e0m ch\u1eadm qu\u00e1 tr\u00ecnh.<\/p>\n\n
\u00d4ng gi\u1ea3i th\u00edch: “T\u1ea1i sao \u0111i\u1ec1u n\u00e0y v\u1eabn ch\u01b0a x\u1ea3y ra? B\u1edfi v\u00ec c\u00e1c ng\u00e2n h\u00e0ng ch\u1eadm ch\u1ea1p. H\u1ecd trao \u0111\u1ed5i v\u1edbi c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd”. C\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd lo ng\u1ea1i v\u1ec1 c\u00e1c v\u1ea5n \u0111\u1ec1 nh\u01b0 r\u1eeda ti\u1ec1n v\u00e0 \u1ed5n \u0111\u1ecbnh t\u00e0i ch\u00ednh, \u0111\u00f3 l\u00e0 l\u00fd do t\u1ea1i sao h\u1ecd th\u1eadn tr\u1ecdng \u0111\u1ed1i v\u1edbi stablecoin.<\/p>\n\n
\u1ede Nh\u1eadt B\u1ea3n, c\u00e1c ng\u00e2n h\u00e0ng ng\u00e0y c\u00e0ng quan t\u00e2m \u0111\u1ebfn vi\u1ec7c ra m\u1eaft stablecoin \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1eb1ng \u0111\u00f4 la M\u1ef9. N\u0103m ngo\u00e1i, m\u1ed9t ho\u1eb7c hai ng\u00e2n h\u00e0ng \u0111\u00e3 b\u00e0y t\u1ecf mong mu\u1ed1n n\u00e0y, nh\u01b0ng hi\u1ec7n t\u1ea1i, theo Gronager, c\u00f3 t\u1edbi m\u01b0\u1eddi ng\u00e2n h\u00e0ng quan t\u00e2m. Tuy nhi\u00ean, c\u00e1c r\u00e0o c\u1ea3n v\u1ec1 m\u1eb7t qu\u1ea3n l\u00fd \u0111ang g\u00e2y ra s\u1ef1 ch\u1eadm tr\u1ec5.<\/p>\n\n
C\u00e1c ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n nh\u1eadn th\u1ea5y ti\u1ec1m n\u0103ng c\u1ee7a stablecoin trong vi\u1ec7c c\u1ea1nh tranh v\u1edbi c\u00e1c d\u1ecbch v\u1ee5 chuy\u1ec3n ti\u1ec1n truy\u1ec1n th\u1ed1ng. B\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng stablecoin, h\u1ecd c\u00f3 th\u1ec3 cung c\u1ea5p c\u00e1c giao d\u1ecbch nhanh h\u01a1n v\u00e0 r\u1ebb h\u01a1n, \u0111i\u1ec1u n\u00e0y h\u1ea5p d\u1eabn \u0111\u1ed1i v\u1edbi kh\u00e1ch h\u00e0ng. Nh\u01b0ng cho \u0111\u1ebfn khi c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd b\u1eadt \u0111\u00e8n xanh, nh\u1eefng k\u1ebf ho\u1ea1ch n\u00e0y v\u1eabn b\u1ecb ho\u00e3n l\u1ea1i.<\/p>\n\n
Stablecoin \u0111ang t\u1ea1o ra s\u1ef1 c\u1ea1nh tranh ng\u00e0y c\u00e0ng t\u0103ng tr\u00ean th\u1ecb tr\u01b0\u1eddng chuy\u1ec3n ti\u1ec1n. Nh\u1eefng ng\u01b0\u1eddi g\u1eedi ti\u1ec1n ra n\u01b0\u1edbc ngo\u00e0i nh\u1eadn th\u1ea5y stablecoin l\u00e0 m\u1ed9t l\u1ef1a ch\u1ecdn thu\u1eadn ti\u1ec7n. Ch\u00fang cung c\u1ea5p m\u1ee9c ph\u00ed th\u1ea5p h\u01a1n v\u00e0 th\u1eddi gian giao d\u1ecbch nhanh h\u01a1n so v\u1edbi c\u00e1c ph\u01b0\u01a1ng th\u1ee9c ng\u00e2n h\u00e0ng truy\u1ec1n th\u1ed1ng.<\/p>\n\n
C\u00e1c ng\u00e2n h\u00e0ng b\u1eaft \u0111\u1ea7u nh\u1eadn th\u1ea5y xu h\u01b0\u1edbng n\u00e0y v\u00e0 \u0111ang xem x\u00e9t c\u00e1ch th\u00edch \u1ee9ng. N\u1ebfu h\u1ecd kh\u00f4ng ch\u1ea5p nh\u1eadn stablecoin, h\u1ecd c\u00f3 nguy c\u01a1 m\u1ea5t kh\u00e1ch h\u00e0ng v\u00e0o tay c\u00e1c d\u1ecbch v\u1ee5 d\u1ef1a tr\u00ean ti\u1ec1n m\u00e3 h\u00f3a. \u0110i\u1ec1u n\u00e0y g\u00e2y \u00e1p l\u1ef1c l\u00ean c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh \u0111\u1ec3 \u0111\u1ed5i m\u1edbi v\u00e0 c\u00f3 th\u1ec3 th\u00fac \u0111\u1ea9y c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd \u0111\u01b0a ra c\u00e1c h\u01b0\u1edbng d\u1eabn r\u00f5 r\u00e0ng h\u01a1n.<\/p>\n\n
Ch\u00e2u \u00c1 \u0111ang th\u1ed1ng tr\u1ecb v\u1ec1 m\u1eb7t \u00e1p d\u1ee5ng ti\u1ec1n m\u00e3 h\u00f3a. Theo b\u00e1o c\u00e1o c\u1ee7a Chainalysis, n\u0103m qu\u1ed1c gia ch\u00e2u \u00c1 n\u1eb1m trong top 10 c\u1ee7a Ch\u1ec9 s\u1ed1 \u00e1p d\u1ee5ng to\u00e0n c\u1ea7u. \u1ea4n \u0110\u1ed9 v\u00e0 Nigeria \u0111ang d\u1eabn \u0111\u1ea7u trong vi\u1ec7c \u00e1p d\u1ee5ng ti\u1ec1n m\u00e3 h\u00f3a \u1edf c\u1ea5p c\u01a1 s\u1edf, v\u1edbi Indonesia v\u01b0\u01a1n l\u00ean v\u1ecb tr\u00ed th\u1ee9 ba v\u1edbi t\u01b0 c\u00e1ch l\u00e0 qu\u1ed1c gia c\u00f3 t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng nhanh nh\u1ea5t.<\/p>\n\n
Nhi\u1ec1u ng\u01b0\u1eddi d\u00f9ng h\u01a1n trong khu v\u1ef1c \u0111\u00e3 nh\u1ea3y v\u00e0o ti\u1ec1n m\u00e3 h\u00f3a h\u01a1n c\u00e1c n\u01a1i kh\u00e1c. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y s\u1ef1 quan t\u00e2m v\u00e0 mong mu\u1ed1n \u00e1p d\u1ee5ng c\u00e1c c\u00f4ng ngh\u1ec7 t\u00e0i ch\u00ednh m\u1edbi \u1edf Ch\u00e2u \u00c1. S\u1ed1 l\u01b0\u1ee3ng l\u1edbn ng\u01b0\u1eddi d\u00f9ng ti\u1ec1n m\u00e3 h\u00f3a tr\u00ean \u0111\u1ea7u ng\u01b0\u1eddi cho th\u1ea5y m\u1ecdi ng\u01b0\u1eddi \u0111ang t\u00ecm ki\u1ebfm c\u00e1c gi\u1ea3i ph\u00e1p thay th\u1ebf cho c\u00e1c h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh truy\u1ec1n th\u1ed1ng.<\/p>\n\n
M\u1eb7c d\u00f9 Ch\u00e2u \u00c1 th\u1ed1ng tr\u1ecb v\u1ec1 m\u1eb7t \u00e1p d\u1ee5ng, Hoa K\u1ef3 v\u1eabn l\u00e0 khu v\u1ef1c c\u00f3 \u1ea3nh h\u01b0\u1edfng nh\u1ea5t trong ng\u00e0nh c\u00f4ng nghi\u1ec7p ti\u1ec1n m\u00e3 h\u00f3a. Hoa K\u1ef3 x\u1ebfp th\u1ee9 t\u01b0 trong b\u00e1o c\u00e1o c\u1ee7a Chainalysis, nh\u01b0ng \u0111\u00e2y l\u00e0 n\u01a1i c\u00f3 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch l\u1edbn. N\u1ec1n kinh t\u1ebf ti\u1ec1n m\u00e3 h\u00f3a tr\u00f4ng \u0111\u1ee3i v\u00e0o c\u00e1c t\u1ed5 ch\u1ee9c nh\u01b0 Qu\u1ed1c h\u1ed9i Hoa K\u1ef3 v\u00e0 \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch (SEC) \u0111\u1ec3 c\u00f3 nh\u1eefng t\u00edn hi\u1ec7u quan tr\u1ecdng.<\/p>\n\n
Gronager cho bi\u1ebft: “Kh\u1ed1i l\u01b0\u1ee3ng ti\u1ec1n m\u00e3 h\u00f3a th\u1ef1c t\u1ebf g\u1eafn li\u1ec1n v\u1edbi c\u00e1c qu\u1ed1c gia nh\u01b0 Hoa K\u1ef3 v\u00e0 nh\u1eefng qu\u1ed1c gia kh\u00e1c”. Hoa K\u1ef3 c\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u00e1ng k\u1ec3 v\u00ec th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh l\u1edbn v\u00e0 c\u00e1c quy\u1ebft \u0111\u1ecbnh v\u1ec1 m\u1eb7t qu\u1ea3n l\u00fd c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn b\u1ed1i c\u1ea3nh ti\u1ec1n m\u00e3 h\u00f3a to\u00e0n c\u1ea7u.<\/p>\n\n
Khi n\u00f3i \u0111\u1ebfn ng\u01b0\u1eddi d\u00f9ng ti\u1ec1n m\u00e3 h\u00f3a tr\u00ean \u0111\u1ea7u ng\u01b0\u1eddi, c\u00e1c qu\u1ed1c gia nh\u01b0 \u1ea4n \u0110\u1ed9 c\u00f3 s\u1ed1 l\u01b0\u1ee3ng cao h\u01a1n Hoa K\u1ef3. Gronager ch\u1ec9 ra r\u1eb1ng c\u00f3 nhi\u1ec1u ng\u01b0\u1eddi \u1ea4n \u0110\u1ed9 trung b\u00ecnh n\u1eafm gi\u1eef ti\u1ec1n m\u00e3 h\u00f3a h\u01a1n so v\u1edbi nh\u1eefng ng\u01b0\u1eddi \u1edf Hoa K\u1ef3. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y ti\u1ec1n m\u00e3 h\u00f3a \u0111\u00e3 \u0111\u01b0\u1ee3c t\u00edch h\u1ee3p nhi\u1ec1u h\u01a1n v\u00e0o cu\u1ed9c s\u1ed1ng h\u00e0ng ng\u00e0y \u1edf m\u1ed9t s\u1ed1 qu\u1ed1c gia.<\/p>\n\n
T\u1ea1i Hoa K\u1ef3, m\u1eb7c d\u00f9 c\u00f3 kho\u1ea3n \u0111\u1ea7u t\u01b0 \u0111\u00e1ng k\u1ec3 v\u00e0o ti\u1ec1n m\u00e3 h\u00f3a, nh\u01b0ng n\u00f3 c\u00f3 th\u1ec3 kh\u00f4ng ph\u1ed5 bi\u1ebfn r\u1ed9ng r\u00e3i trong s\u1ed1 \u0111\u00f4ng d\u00e2n ch\u00fang. S\u1ef1 kh\u00e1c bi\u1ec7t n\u00e0y l\u00e0m n\u1ed5i b\u1eadt c\u00e1c m\u1ee9c \u0111\u1ed9 \u00e1p d\u1ee5ng ti\u1ec1n m\u00e3 h\u00f3a kh\u00e1c nhau tr\u00ean kh\u1eafp th\u1ebf gi\u1edbi.<\/p>\n\n
\u0110\u00e3 c\u00f3 nhi\u1ec1u cu\u1ed9c th\u1ea3o lu\u1eadn v\u1ec1 vi\u1ec7c cu\u1ed9c b\u1ea7u c\u1eed t\u1ed5ng th\u1ed1ng Hoa K\u1ef3 c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng nh\u01b0 th\u1ebf n\u00e0o \u0111\u1ebfn ng\u00e0nh c\u00f4ng nghi\u1ec7p ti\u1ec1n m\u00e3 h\u00f3a. Tuy nhi\u00ean, Gronager tin r\u1eb1ng cu\u1ed9c b\u1ea7u c\u1eed kh\u00f4ng ph\u1ea3i l\u00e0 v\u1ea5n \u0111\u1ec1 l\u1edbn \u0111\u1ed1i v\u1edbi ti\u1ec1n m\u00e3 h\u00f3a. “N\u00f3 s\u1ebd kh\u00f4ng c\u00f3 nhi\u1ec1u \u00fd ngh\u0129a”, \u00f4ng d\u1ef1 \u0111o\u00e1n r\u1eb1ng d\u00f9 Donald Trump hay Kamala Harris th\u1eafng c\u1eed, vi\u1ec7c v\u01b0\u1ee3t qua cu\u1ed9c b\u1ea7u c\u1eed s\u1ebd c\u00f3 l\u1ee3i cho t\u1ea5t c\u1ea3 m\u1ecdi ng\u01b0\u1eddi.<\/p>\n\n
M\u1eb7c d\u00f9 nh\u1eefng ng\u01b0\u1eddi c\u00f3 \u1ea3nh h\u01b0\u1edfng trong l\u0129nh v\u1ef1c ti\u1ec1n m\u00e3 h\u00f3a t\u1eadp trung v\u00e0o l\u1eadp tr\u01b0\u1eddng c\u1ee7a c\u00e1c \u1ee9ng c\u1eed vi\u00ean, nh\u01b0ng ng\u00e0nh c\u00f4ng nghi\u1ec7p n\u00e0y d\u1ef1 ki\u1ebfn s\u1ebd ti\u1ebfp t\u1ee5c ph\u00e1t tri\u1ec3n b\u1ea5t k\u1ec3 k\u1ebft qu\u1ea3 b\u1ea7u c\u1eed nh\u01b0 th\u1ebf n\u00e0o. C\u00e1c ch\u00ednh s\u00e1ch qu\u1ea3n l\u00fd c\u00f3 th\u1ec3 thay \u0111\u1ed5i, nh\u01b0ng qu\u1ef9 \u0111\u1ea1o chung c\u1ee7a vi\u1ec7c \u00e1p d\u1ee5ng ti\u1ec1n m\u00e3 h\u00f3a c\u00f3 kh\u1ea3 n\u0103ng v\u1eabn theo \u0111\u00fang h\u01b0\u1edbng.<\/p>\n\n
V\u00e0o ng\u00e0y 24 th\u00e1ng 9, c\u00e1c t\u00e0i s\u1ea3n t\u00e0i ch\u00ednh \u0111\u00e3 t\u0103ng l\u00ean m\u1ee9c k\u1ef7 l\u1ee5c. S&P 500 \u0111\u1ea1t m\u1ee9c cao k\u1ef7 l\u1ee5c 5.735 \u0111i\u1ec3m v\u00e0 gi\u00e1 v\u00e0ng t\u0103ng l\u00ean 2.670 \u0111\u00f4 la m\u1ed9t ounce. V\u00e0ng \u0111\u00e3 t\u0103ng 30% k\u1ec3 t\u1eeb \u0111\u1ea7u n\u0103m, khi\u1ebfn n\u0103m 2024 tr\u1edf th\u00e0nh n\u0103m c\u00f3 hi\u1ec7u su\u1ea5t t\u1ed1t nh\u1ea5t c\u1ee7a v\u00e0ng trong th\u1ebf k\u1ef7 n\u00e0y.<\/p>\n\n
Nh\u01b0ng \u0111i\u1ec1u g\u00ec th\u00fac \u0111\u1ea9y nh\u1eefng \u0111\u1ee3t t\u0103ng li\u00ean t\u1ee5c n\u00e0y tr\u00ean c\u00e1c th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh? M\u1ed9t c\u00e1i nh\u00ecn k\u1ef9 h\u01a1n cho th\u1ea5y t\u00ednh thanh kho\u1ea3n v\u00e0 ngu\u1ed3n cung ti\u1ec1n l\u00e0 nh\u1eefng y\u1ebfu t\u1ed1 ch\u00ednh. C\u00e1c ch\u00ednh s\u00e1ch c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u00e3 \u0111\u00f3ng g\u00f3p \u0111\u00e1ng k\u1ec3 v\u00e0o vi\u1ec7c b\u01a1m thanh kho\u1ea3n v\u00e0o n\u1ec1n kinh t\u1ebf to\u00e0n c\u1ea7u.<\/p>\n\n
T\u00ednh \u0111\u1ebfn ng\u00e0y 25 th\u00e1ng 9, t\u1ed5ng b\u1ea3ng c\u00e2n \u0111\u1ed1i k\u1ebf to\u00e1n c\u1ee7a 15 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng h\u00e0ng \u0111\u1ea7u th\u1ebf gi\u1edbi \u0111\u00e3 v\u01b0\u1ee3t qu\u00e1 31 ngh\u00ecn t\u1ef7 \u0111\u00f4 la. M\u1ee9c n\u00e0y l\u1ea7n cu\u1ed1i \u0111\u01b0\u1ee3c th\u1ea5y v\u00e0o th\u00e1ng 4 n\u0103m 2024. Con s\u1ed1 n\u00e0y \u0111\u00e3 t\u0103ng k\u1ec3 t\u1eeb th\u00e1ng 7, ph\u1ea3n \u00e1nh s\u1ef1 k\u00edch th\u00edch ti\u1ec1n t\u1ec7 \u0111\u00e1ng k\u1ec3 \u0111\u1ec3 \u1ee9ng ph\u00f3 v\u1edbi c\u00e1c th\u00e1ch th\u1ee9c v\u00e0 b\u1ea5t \u1ed5n kinh t\u1ebf.<\/p>\n\n
Cam k\u1ebft n\u1edbi l\u1ecfng ti\u1ec1n t\u1ec7 \u0111\u00e1ng k\u1ec3 c\u1ee7a Trung Qu\u1ed1c, k\u1ebft h\u1ee3p v\u1edbi vi\u1ec7c C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang Hoa K\u1ef3 gi\u1ea3m l\u00e3i su\u1ea5t m\u1ea1nh tay 50 \u0111i\u1ec3m c\u01a1 b\u1ea3n, \u0111\u00e3 th\u00fac \u0111\u1ea9y th\u00eam \u0111\u00e0 t\u0103ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng. C\u00f4ng c\u1ee5 CME FedWatch Tool d\u1ef1 \u0111o\u00e1n kh\u1ea3 n\u0103ng gi\u1ea3m th\u00eam 50 \u0111i\u1ec3m c\u01a1 b\u1ea3n n\u1eefa t\u1ea1i cu\u1ed9c h\u1ecdp ng\u00e0y 7 th\u00e1ng 11 l\u00e0 60%, \u0111i\u1ec1u n\u00e0y s\u1ebd h\u1ea1 ph\u1ea1m vi l\u00e3i su\u1ea5t qu\u1ef9 li\u00ean bang xu\u1ed1ng c\u00f2n 4,25-4,50%.<\/p>\n\n
M\u1ed9t ch\u1ec9 b\u00e1o ch\u00ednh kh\u00e1c v\u1ec1 t\u00ednh thanh kho\u1ea3n l\u00e0 ngu\u1ed3n cung ti\u1ec1n M2. Ngu\u1ed3n cung n\u00e0y bao g\u1ed3m ti\u1ec1n v\u1eadt l\u00fd \u0111ang l\u01b0u h\u00e0nh, ti\u1ec1n ti\u1ebft ki\u1ec7m v\u00e0 ti\u1ec1n g\u1eedi c\u00f3 k\u1ef3 h\u1ea1n c\u0169ng nh\u01b0 c\u00e1c qu\u1ef9 th\u1ecb tr\u01b0\u1eddng ti\u1ec1n t\u1ec7. Theo d\u1eef li\u1ec7u c\u1ee7a Trading Economics, ngu\u1ed3n cung ti\u1ec1n M2 \u0111\u00e3 cho th\u1ea5y s\u1ef1 t\u0103ng tr\u01b0\u1edfng li\u00ean t\u1ee5c h\u00e0ng th\u00e1ng k\u1ec3 t\u1eeb th\u00e1ng 2 n\u0103m 2024.<\/p>\n\n
Ch\u1ec9 ri\u00eang trong th\u00e1ng 8, ngu\u1ed3n cung ti\u1ec1n M2 \u0111\u00e3 t\u0103ng g\u1ea7n 1% so v\u1edbi th\u00e1ng tr\u01b0\u1edbc. S\u1ef1 m\u1edf r\u1ed9ng ti\u1ec1n t\u1ec7 li\u00ean t\u1ee5c n\u00e0y \u0111\u00f3ng vai tr\u00f2 r\u1ea5t quan tr\u1ecdng trong vi\u1ec7c h\u1ed7 tr\u1ee3 gi\u00e1 t\u00e0i s\u1ea3n. C\u00f3 m\u1ed9t m\u1ed1i t\u01b0\u01a1ng quan m\u1ea1nh m\u1ebd<\/p>","protected":false},"excerpt":{"rendered":"
Stablecoin \u0111ang tr\u1edf th\u00e0nh m\u1ed9t th\u1ebf l\u1ef1c ch\u00ednh trong th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u00e3 h\u00f3a t\u1ea1i ch\u00e2u \u00c1. Michael Gronager, Gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh ki\u00eam \u0111\u1ed3ng s\u00e1ng l\u1eadp c\u1ee7a Chainalysis, tin…<\/p>\n","protected":false},"author":4,"featured_media":1989,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stablecoins"],"_links":{"self":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/1988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/comments?post=1988"}],"version-history":[{"count":1,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/1988\/revisions"}],"predecessor-version":[{"id":1990,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/1988\/revisions\/1990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/media\/1989"}],"wp:attachment":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/media?parent=1988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/categories?post=1988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/tags?post=1988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}