C\u00f4ng ty c\u1ed5 ph\u1ea7n Mega Matrix (MPU)<\/strong> \u0111\u00e3 bi\u1ebfn h\u1ec7 sinh th\u00e1i stablecoin Ethena<\/strong> th\u00e0nh trung t\u00e2m trong chi\u1ebfn l\u01b0\u1ee3c t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 c\u1ee7a m\u00ecnh, v\u1edbi ni\u1ec1m tin r\u1eb1ng d\u1ef1 \u00e1n \u0111\u1ed3ng \u0111\u00f4 la t\u1ed5ng h\u1ee3p n\u00e0y c\u00f3 th\u1ec3 chi\u1ebfm l\u0129nh th\u1ecb ph\u1ea7n t\u1eeb nh\u1eefng ng\u01b0\u1eddi d\u1eabn \u0111\u1ea7u nh\u01b0 Circle<\/strong>. \u0110\u1ed9ng th\u00e1i n\u00e0y di\u1ec5n ra ngay sau khi \u0110\u1ea1o lu\u1eadt GENIUS<\/strong> c\u1ee7a M\u1ef9 \u0111\u01b0\u1ee3c th\u00f4ng qua, m\u1ed9t d\u1ef1 lu\u1eadt to\u00e0n di\u1ec7n v\u1ec1 stablecoin thi\u1ebft l\u1eadp s\u1ef1 gi\u00e1m s\u00e1t li\u00ean bang \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh, \u0111\u1eb7t ra y\u00eau c\u1ea7u v\u1ec1 v\u1ed1n v\u00e0 thanh kho\u1ea3n, \u0111\u1ed3ng th\u1eddi t\u1ea1o ra m\u1ed9t khu\u00f4n kh\u1ed5 cho c\u00e1c ng\u00e2n h\u00e0ng v\u00e0 fintech ph\u00e1t h\u00e0nh token g\u1eafn v\u1edbi \u0111\u00f4 la d\u01b0\u1edbi s\u1ef1 gi\u00e1m s\u00e1t quy \u0111\u1ecbnh.<\/p>\n Hi\u1ec7n t\u1ea1i, Circle l\u00e0 l\u1ef1a ch\u1ecdn duy nh\u1ea5t \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft c\u00f4ng khai \u0111\u1ec3 t\u1eadn d\u1ee5ng s\u1ef1 t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd c\u1ee7a th\u1ecb tr\u01b0\u1eddng stablecoin. Colin Butler<\/strong>, ph\u00f3 ch\u1ee7 t\u1ecbch \u0111i\u1ec1u h\u00e0nh v\u00e0 tr\u01b0\u1edfng b\u1ed9 ph\u1eadn th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u c\u1ee7a Mega Matrix, cho bi\u1ebft v\u1edbi Cointelegraph r\u1eb1ng Circle \u0111\u00e3 l\u00ean s\u00e0n v\u00e0o th\u00e1ng 6 v\u00e0 c\u1ed5 phi\u1ebfu c\u1ee7a h\u1ecd \u0111\u00e3 t\u0103ng 87% k\u1ec3 t\u1eeb khi ni\u00eam y\u1ebft. C\u00f4ng ty n\u00e0y \u0111\u00e3 t\u1ea1o ra 1,68 t\u1ef7 USD doanh thu v\u00e0 thu nh\u1eadp d\u1ef1 tr\u1eef trong n\u0103m t\u00e0i ch\u00ednh 2024, v\u1edbi 155,7 tri\u1ec7u USD l\u1ee3i nhu\u1eadn r\u00f2ng, ch\u1ee7 y\u1ebfu nh\u1edd v\u00e0o thu nh\u1eadp l\u00e3i t\u1eeb c\u00e1c kho\u1ea3n d\u1ef1 tr\u1eef h\u1ed7 tr\u1ee3 cho ngu\u1ed3n cung USDC<\/strong>.<\/p>\n Butler cho bi\u1ebft Mega Matrix th\u1ea5y ti\u1ec1m n\u0103ng t\u01b0\u01a1ng t\u1ef1 \u1edf Ethena: <\/p>\n \u201cCh\u00fang t\u00f4i ngh\u0129 Ethena c\u00f3 th\u1ec3 \u0111\u1ea1t 150 tri\u1ec7u USD trong 6\u201312 th\u00e1ng t\u1edbi. \u0110i\u1ec1u \u0111\u00f3 s\u1ebd ng\u1ee5 \u00fd ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng g\u1ea5p 6 l\u1ea7n cho Ethena.\u201d<\/p><\/blockquote>\n \u00d4ng ghi nh\u1eadn s\u1ef1 t\u0103ng tr\u01b0\u1edfng c\u1ee7a Ethena nh\u1edd v\u00e0o USDe<\/strong>, stablecoin t\u1ed5ng h\u1ee3p c\u1ee7a n\u00f3, t\u1ea1o ra l\u1ee3i su\u1ea5t th\u00f4ng qua s\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa staking v\u00e0 chi\u1ebfn l\u01b0\u1ee3c ph\u00f2ng ng\u1eeba. Kh\u00e1c v\u1edbi USDC v\u00e0 USDt, USDe cung c\u1ea5p cho ng\u01b0\u1eddi n\u1eafm gi\u1eef m\u1ed9t kho\u1ea3n l\u1ee3i t\u1ee9c v\u00e0, theo Butler, \u201c\u0111\u01b0\u1ee3c coi l\u00e0 t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p h\u1ea5p d\u1eabn h\u01a1n,\u201d<\/em> gi\u00fap n\u00f3 c\u00f3 v\u1ecb tr\u00ed t\u1ed1t h\u01a1n \u0111\u1ec3 chi\u1ebfm l\u0129nh th\u1ecb ph\u1ea7n trong m\u1ed9t th\u1ecb tr\u01b0\u1eddng \u0111ang m\u1edf r\u1ed9ng nhanh ch\u00f3ng.<\/p>\n \u0110\u1ec3 t\u1ea1o \u0111i\u1ec1u ki\u1ec7n cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, Mega Matrix \u0111\u00e3 \u0111\u1ecbnh v\u1ecb c\u1ed5 phi\u1ebfu c\u1ee7a m\u00ecnh nh\u01b0 l\u00e0 qu\u1ef9 t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 \u0111\u1ea7u ti\u00ean \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft c\u00f4ng khai d\u00e0nh ri\u00eang cho h\u1ec7 sinh th\u00e1i Ethena, t\u1eadp trung d\u1ef1 tr\u1eef v\u00e0o token qu\u1ea3n tr\u1ecb c\u1ee7a Ethena, ENA<\/strong>. <\/p>\n \u201c\u0110i\u1ec1u n\u00e0y c\u0169ng m\u1edf ra c\u01a1 h\u1ed9i cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb c\u00f3 \u0111\u01b0\u1ee3c s\u1ef1 ti\u1ebfp x\u00fac tr\u1ef1c ti\u1ebfp v\u1edbi lu\u1eadn \u0111i\u1ec3m stablecoin l\u1ea7n \u0111\u1ea7u ti\u00ean,\u201d<\/p><\/blockquote>\n Butler n\u00f3i. <\/p>\n \u201cCho \u0111\u1ebfn nay, c\u00e1ch duy nh\u1ea5t \u0111\u1ec3 tham gia th\u1ef1c s\u1ef1 l\u00e0 Circle, ho\u1eb7c gi\u00e1n ti\u1ebfp th\u00f4ng qua Coinbase.\u201d<\/p><\/blockquote>\n Tr\u01b0\u1edbc khi chuy\u1ec3n sang t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1, Mega Matrix ch\u1ee7 y\u1ebfu ho\u1ea1t \u0111\u1ed9ng nh\u01b0 m\u1ed9t doanh nghi\u1ec7p xu\u1ea5t b\u1ea3n gi\u1ea3i tr\u00ed v\u00e0 tr\u00f2 ch\u01a1i. C\u00f4ng ty b\u1eaft \u0111\u1ea7u kh\u00e1m ph\u00e1 blockchain v\u00e0o n\u0103m 2021 v\u00e0 ch\u00ednh th\u1ee9c \u0111\u1ecbnh v\u1ecb l\u1ea1i m\u00ecnh nh\u01b0 m\u1ed9t qu\u1ef9 t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 v\u00e0o n\u0103m 2025. C\u00f4ng ty \u0111ang t\u00e0i tr\u1ee3 cho chi\u1ebfn l\u01b0\u1ee3c t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 c\u1ee7a m\u00ecnh b\u1eb1ng c\u00e1ch \u0111\u0103ng k\u00fd k\u1ec7 tr\u1ecb gi\u00e1 2 t\u1ef7 USD, cho ph\u00e9p n\u00f3 linh ho\u1ea1t trong vi\u1ec7c huy \u0111\u1ed9ng v\u1ed1n theo th\u1eddi gian v\u00e0 t\u1eeb t\u1eeb x\u00e2y d\u1ef1ng t\u00e0i s\u1ea3n c\u1ee7a m\u00ecnh t\u1eeb token qu\u1ea3n tr\u1ecb ENA c\u1ee7a Ethena.<\/p>\n Khi n\u1ed9p \u0111\u01a1n \u0111\u0103ng k\u00fd k\u1ec7, Mega Matrix \u0111\u00e3 nh\u1ea5n m\u1ea1nh c\u01a1 ch\u1ebf \u201cchuy\u1ec3n \u0111\u1ed5i ph\u00ed\u201d<\/strong> c\u1ee7a Ethena nh\u01b0 m\u1ed9t \u0111\u1ed9ng l\u1ef1c gi\u00e1 tr\u1ecb ti\u1ec1m n\u0103ng. Khi \u0111\u01b0\u1ee3c k\u00edch ho\u1ea1t, c\u01a1 ch\u1ebf n\u00e0y s\u1ebd chuy\u1ec3n h\u01b0\u1edbng m\u1ed9t ph\u1ea7n doanh thu c\u1ee7a giao th\u1ee9c \u0111\u1ebfn nh\u1eefng ng\u01b0\u1eddi staking ENA, cho ph\u00e9p c\u00e1c ch\u1ee7 s\u1edf h\u1eefu token chia s\u1ebb trong l\u1ee3i nhu\u1eadn c\u1ee7a giao th\u1ee9c. \u0110\u1ec1 xu\u1ea5t n\u00e0y \u0111\u01b0\u1ee3c Wintermute Governance<\/strong> gi\u1edbi thi\u1ec7u v\u00e0o th\u00e1ng 11 n\u0103m 2024, y\u00eau c\u1ea7u \u1ee6y ban R\u1ee7i ro c\u1ee7a Ethena ph\u00e1c th\u1ea3o c\u00e1c tham s\u1ed1 m\u00e0 theo \u0111\u00f3 c\u00e1c ch\u1ee7 s\u1edf h\u1eefu token s\u1ebd \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i t\u1eeb vi\u1ec7c ph\u00e2n ph\u1ed1i doanh thu.<\/p>\n C\u00e1c y\u1ebfu t\u1ed1 bao g\u1ed3m ngu\u1ed3n cung l\u01b0u h\u00e0nh c\u1ee7a USDe, doanh thu trung b\u00ecnh c\u1ee7a giao th\u1ee9c v\u00e0 m\u1ee9c \u0111\u1ed9 ch\u1ea5p nh\u1eadn tr\u00ean c\u00e1c s\u00e0n giao d\u1ecbch t\u1eadp trung. Cu\u1ed1i th\u00e1ng \u0111\u00f3, \u0111\u1ec1 xu\u1ea5t chung \u0111\u00e3 \u0111\u01b0\u1ee3c ph\u00ea duy\u1ec7t, v\u1edbi Ethena Labs \u0111\u01b0a ra m\u1ed9t lo\u1ea1t \u201cch\u1ec9 s\u1ed1 th\u00e0nh c\u00f4ng\u201d<\/strong> li\u00ean quan \u0111\u1ebfn ngu\u1ed3n cung l\u01b0u h\u00e0nh, doanh thu t\u00edch l\u0169y v\u00e0 m\u1ee9c \u0111\u1ed9 ch\u1ea5p nh\u1eadn tr\u00ean s\u00e0n giao d\u1ecbch. M\u1eb7c d\u00f9 nh\u1eefng ti\u00eau ch\u00ed \u0111\u00f3 \u0111\u00e3 \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh, nh\u01b0ng ch\u01b0a c\u00f3 ng\u00e0y k\u00edch ho\u1ea1t n\u00e0o cho vi\u1ec7c chuy\u1ec3n \u0111\u1ed5i ph\u00ed \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1, m\u1ed9t ph\u00e1t ng\u00f4n vi\u00ean c\u1ee7a Qu\u1ef9 Ethena cho bi\u1ebft v\u1edbi Cointelegraph.<\/p>\n C\u00e1c nh\u00e0 quan s\u00e1t th\u1ecb tr\u01b0\u1eddng l\u01b0u \u00fd r\u1eb1ng s\u1ef1 t\u0103ng tr\u01b0\u1edfng c\u1ee7a Ethena \u0111\u00e3 v\u01b0\u1ee3t qua m\u1ed9t s\u1ed1 ng\u01b0\u1ee1ng ban \u0111\u1ea7u. Doanh thu t\u00edch l\u0169y c\u1ee7a giao th\u1ee9c d\u01b0\u1eddng nh\u01b0 g\u1ea7n \u0111\u1ea1t m\u1ee9c \u0111\u1ee7 \u0111i\u1ec1u ki\u1ec7n, v\u00e0 v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng c\u1ee7a USDe \u0111\u00e3 t\u0103ng v\u1ecdt v\u01b0\u1ee3t qua 13 t\u1ef7 USD, khi\u1ebfn n\u00f3 tr\u1edf th\u00e0nh stablecoin l\u1edbn th\u1ee9 ba th\u1ebf gi\u1edbi. Tuy nhi\u00ean, giao th\u1ee9c v\u1eabn ch\u01b0a ch\u1ec9 \u0111\u1ecbnh th\u1eddi \u0111i\u1ec3m c\u01a1 ch\u1ebf n\u00e0y s\u1ebd \u0111\u01b0\u1ee3c tri\u1ec3n khai.<\/p>\n","protected":false},"excerpt":{"rendered":" C\u00f4ng ty C\u1ed5 ph\u1ea7n Mega Matrix v\u00e0 H\u1ec7 sinh th\u00e1i Stablecoin Ethena C\u00f4ng ty c\u1ed5 ph\u1ea7n Mega Matrix (MPU) \u0111\u00e3 bi\u1ebfn h\u1ec7 sinh th\u00e1i stablecoin Ethena th\u00e0nh trung t\u00e2m trong chi\u1ebfn l\u01b0\u1ee3c t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 c\u1ee7a m\u00ecnh, v\u1edbi ni\u1ec1m tin r\u1eb1ng d\u1ef1 \u00e1…<\/p>\n","protected":false},"author":3,"featured_media":13063,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,48],"tags":[5079,4226,4479,10187,4480,4218,4217,10086,4314,4756],"class_list":["post-13064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","category-legal","tag-circle","tag-coinbase","tag-ethena","tag-ethena-foundation","tag-ethena-usde","tag-ethereum","tag-legal","tag-ngrave","tag-tether-usdt","tag-usdc"],"yoast_head":"\n\u0110\u1ecbnh v\u1ecb C\u1ed5 phi\u1ebfu v\u00e0 Chi\u1ebfn l\u01b0\u1ee3c T\u00e0i s\u1ea3n K\u1ef9 thu\u1eadt s\u1ed1<\/h2>\n
C\u01a1 ch\u1ebf Chuy\u1ec3n \u0111\u1ed5i Ph\u00ed c\u1ee7a Ethena<\/h2>\n