稳定币监管不确定性致传统银行暂缓基础设施投资,加密公司提供4%-5%收益或加速资金迁移

Gate News 消息,3 月 15 日,稳定币监管不确定性使传统银行面临运营困境,而加密公司可在监管灰色地带继续运营。Mega Matrix 资本市场执行副总裁 Colin Butler 指出,银行法律顾问建议董事会暂缓对稳定币基础设施的大额资本支出,因稳定币的产品分类尚不明确(存款、证券或独立支付工具)。他表示:"风险与合规部门不会批准全面部署,除非知道产品分类。“已投资基础设施的银行面临部署受限,而加密交易所可提供 4%–5% 稳定币余额收益,显示资金迁移压力。Sygnum 首席投资官 Fabian Dori 认为,这种竞争不对称性显著,但尚未引发大规模存款外流,因银行强调信任、监管和韧性;但若稳定币被视为"生产性数字现金”,压力将更明显。限制稳定币收益可能将活动推向离岸。银行无法像加密公司那样在灰色地带运营,监管模糊加剧其劣势。

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