# Paxos V\u00f4 T\u00ecnh Ph\u00e1t H\u00e0nh 300 Ngh\u00ecn T\u1ef7 USD Stablecoin PayPal<\/p>\n
Trong m\u1ed9t trong nh\u1eefng s\u1ef1 c\u1ed1 k\u1ef9 thu\u1eadt \u1ea5n t\u01b0\u1ee3ng nh\u1ea5t trong l\u1ecbch s\u1eed t\u00e0i ch\u00ednh k\u1ef9 thu\u1eadt s\u1ed1, nh\u00e0 ph\u00e1t h\u00e0nh stablecoin Paxos \u0111\u00e3 v\u00f4 t\u00ecnh t\u1ea1o ra stablecoin PYUSD c\u1ee7a PayPal tr\u1ecb gi\u00e1 300 ngh\u00ecn t\u1ef7 USD v\u00e0o chi\u1ec1u th\u1ee9 T\u01b0. Sai l\u1ea7m x\u1ea3y ra v\u00e0o l\u00fac 3:12 PM gi\u1edd mi\u1ec1n \u0110\u00f4ng trong m\u1ed9t chuy\u1ec3n giao n\u1ed9i b\u1ed9 \u0111\u1ecbnh k\u1ef3 nh\u01b0ng \u0111\u00e3 nhanh ch\u00f3ng \u0111\u01b0\u1ee3c c\u00f4ng ty ph\u00e1t hi\u1ec7n v\u00e0 s\u1eeda ch\u1eefa.<\/p>\n
L\u1ed7i n\u00e0y xu\u1ea5t ph\u00e1t t\u1eeb m\u1ed9t l\u1ed7i \u201cng\u00f3n tay qu\u00e1 kh\u1ed5\u201d \u0111i\u1ec3n h\u00ecnh khi Paxos \u0111\u00e3 v\u00f4 t\u00ecnh th\u00eam s\u00e1u s\u1ed1 0 th\u1eeba trong qu\u00e1 tr\u00ecnh ph\u00e1t h\u00e0nh. Thay v\u00ec t\u1ea1o ra 300 tri\u1ec7u token PYUSD, h\u1ec7 th\u1ed1ng \u0111\u00e3 t\u1ea1o ra 300 ngh\u00ecn t\u1ef7 USD. Ch\u1ec9 v\u00e0i ph\u00fat sau khi ph\u00e1t hi\u1ec7n ra l\u1ed7i, Paxos \u0111\u00e3 ti\u00eau h\u1ee7y c\u00e1c token b\u1ecb ph\u00e1t h\u00e0nh sai v\u00e0 ph\u00e1t h\u00e0nh l\u1ea1i s\u1ed1 l\u01b0\u1ee3ng \u0111\u00fang.<\/p>\n
## Quy M\u00f4 c\u1ee7a L\u1ed7i<\/p>\n
\u0110\u1ec3 \u0111\u01b0a con s\u1ed1 n\u00e0y v\u00e0o b\u1ed1i c\u1ea3nh, vi\u1ec7c ph\u00e1t h\u00e0nh nh\u1ea7m n\u00e0y \u0111\u00e3 v\u01b0\u1ee3t xa h\u1ea7u h\u1ebft m\u1ecdi ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh l\u1edbn tr\u00ean to\u00e0n c\u1ea7u. S\u1ed1 ti\u1ec1n 300 ngh\u00ecn t\u1ef7 USD \u0111\u1ea1i di\u1ec7n cho h\u01a1n g\u1ea5p \u0111\u00f4i t\u1ed5ng GDP c\u1ee7a th\u1ebf gi\u1edbi hi\u1ec7n t\u1ea1i, \u0111\u01b0\u1ee3c \u01b0\u1edbc t\u00ednh l\u00e0 117 ngh\u00ecn t\u1ef7 USD b\u1edfi Qu\u1ef9 Ti\u1ec1n t\u1ec7 Qu\u1ed1c t\u1ebf. N\u00f3 c\u0169ng v\u01b0\u1ee3t xa kho\u1ea3ng 2.4 ngh\u00ecn t\u1ef7 \u0111\u00f4 la M\u1ef9 \u0111ang l\u01b0u h\u00e0nh v\u00e0 g\u1ea7n g\u1ea5p m\u01b0\u1eddi l\u1ea7n quy m\u00f4 n\u1ee3 qu\u1ed1c gia c\u1ee7a M\u1ef9.<\/p>\n
Trong l\u0129nh v\u1ef1c ti\u1ec1n \u0111i\u1ec7n t\u1eed, con s\u1ed1 c\u0169ng kh\u00f4ng k\u00e9m ph\u1ea7n \u1ea5n t\u01b0\u1ee3ng. Stablecoin l\u1edbn nh\u1ea5t, USDT c\u1ee7a Tether, c\u00f3 gi\u00e1 tr\u1ecb th\u1ecb tr\u01b0\u1eddng kho\u1ea3ng 180.6 t\u1ef7 USD, trong khi to\u00e0n b\u1ed9 th\u1ecb tr\u01b0\u1eddng ti\u1ec1n \u0111i\u1ec7n t\u1eed c\u00f3 gi\u00e1 tr\u1ecb kho\u1ea3ng 3.8 ngh\u00ecn t\u1ef7 USD. Vi\u1ec7c ph\u00e1t h\u00e0nh nh\u1ea7m t\u1ea1m th\u1eddi \u0111\u00e3 t\u1ea1o ra gi\u00e1 tr\u1ecb v\u01b0\u1ee3t tr\u1ed9i h\u01a1n t\u1ed5ng c\u00e1c gi\u00e1 tr\u1ecb n\u00e0y.<\/p>\n
## Ph\u1ea3n \u1ee8ng v\u00e0 Minh B\u1ea1ch c\u1ee7a C\u00f4ng Ty<\/p>\n
Paxos nhanh ch\u00f3ng gi\u1ea3i quy\u1ebft s\u1ef1 c\u1ed1 th\u00f4ng qua m\u1ed9t tuy\u00ean b\u1ed1 tr\u00ean n\u1ec1n t\u1ea3ng m\u1ea1ng x\u00e3 h\u1ed9i X, nh\u1ea5n m\u1ea1nh r\u1eb1ng l\u1ed7i n\u00e0y ho\u00e0n to\u00e0n mang t\u00ednh ch\u1ea5t k\u1ef9 thu\u1eadt v\u00e0 kh\u00f4ng ph\u1ea3i l\u00e0 k\u1ebft qu\u1ea3 c\u1ee7a m\u1ed9t v\u1ee5 vi ph\u1ea1m b\u1ea3o m\u1eadt. C\u00f4ng ty \u0111\u1ea3m b\u1ea3o v\u1edbi ng\u01b0\u1eddi d\u00f9ng r\u1eb1ng t\u1ea5t c\u1ea3 c\u00e1c qu\u1ef9 c\u1ee7a kh\u00e1ch h\u00e0ng v\u1eabn ho\u00e0n to\u00e0n an to\u00e0n trong su\u1ed1t s\u1ef1 c\u1ed1 v\u00e0 r\u1eb1ng h\u1ecd \u0111\u00e3 x\u00e1c \u0111\u1ecbnh v\u00e0 gi\u1ea3i quy\u1ebft nguy\u00ean nh\u00e2n g\u1ed1c r\u1ec5 c\u1ee7a v\u1ea5n \u0111\u1ec1.<\/p>\n
To\u00e0n b\u1ed9 chu\u1ed7i giao d\u1ecbch \u0111\u1ec1u c\u00f3 th\u1ec3 th\u1ea5y c\u00f4ng khai tr\u00ean Etherscan, tr\u00ecnh kh\u00e1m ph\u00e1 blockchain Ethereum, cho th\u1ea5y c\u1ea3 t\u00ednh minh b\u1ea1ch c\u1ee7a c\u00f4ng ngh\u1ec7 blockchain v\u00e0 t\u1ed1c \u0111\u1ed9 m\u00e0 Paxos \u0111\u00e3 c\u00f3 th\u1ec3 ph\u1ea3n \u1ee9ng. C\u00e1c giao d\u1ecbch \u0111\u00e3 t\u1ea1o ra c\u00e1c token th\u1eeba v\u00e0 sau \u0111\u00f3 ti\u00eau h\u1ee7y ch\u00fang \u0111\u1ec1u \u0111\u01b0\u1ee3c ghi l\u1ea1i tr\u00ean chu\u1ed7i, cho ph\u00e9p c\u00e1c quan s\u00e1t vi\u00ean ti\u1ec1n \u0111i\u1ec7n t\u1eed theo d\u00f5i s\u1ef1 c\u1ed1 theo th\u1eddi gian th\u1ef1c. \u0110\u00e1ng ch\u00fa \u00fd, to\u00e0n b\u1ed9 qu\u00e1 tr\u00ecnh ph\u00e1t h\u00e0nh ch\u1ec9 t\u1ed1n 2.66 USD ph\u00ed gas Ethereum.<\/p>\n
## T\u00e1c \u0110\u1ed9ng Th\u1ecb Tr\u01b0\u1eddng v\u00e0 Ph\u1ea3n \u1ee8ng DeFi<\/p>\n
M\u1eb7c d\u00f9 l\u1ed7i \u0111\u00e3 \u0111\u01b0\u1ee3c x\u1eed l\u00fd nhanh ch\u00f3ng, nh\u01b0ng n\u00f3 \u0111\u00e3 g\u00e2y ra m\u1ed9t s\u1ed1 gi\u00e1n \u0111o\u1ea1n t\u1ea1m th\u1eddi trong h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh phi t\u1eadp trung. Aave, m\u1ed9t n\u1ec1n t\u1ea3ng cho vay DeFi h\u00e0ng \u0111\u1ea7u, \u0111\u00e3 t\u1ea1m th\u1eddi \u0111\u00f3ng b\u0103ng c\u00e1c th\u1ecb tr\u01b0\u1eddng PYUSD nh\u01b0 m\u1ed9t bi\u1ec7n ph\u00e1p ph\u00f2ng ng\u1eeba. Gi\u00e1 c\u1ee7a stablecoin \u0111\u00e3 t\u1ea1m th\u1eddi r\u1eddi kh\u1ecfi m\u1ed1c 1 USD d\u1ef1 ki\u1ebfn nh\u01b0ng \u0111\u00e3 tr\u1edf l\u1ea1i b\u00ecnh th\u01b0\u1eddng m\u1ed9t khi c\u00e1c token th\u1eeba \u0111\u01b0\u1ee3c ti\u00eau h\u1ee7y v\u00e0 c\u00e1c b\u00ean tham gia th\u1ecb tr\u01b0\u1eddng nh\u1eadn ra r\u1eb1ng l\u1ed7i \u0111\u00e3 \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t.<\/p>\n
C\u00e1c stablecoin nh\u01b0 PYUSD \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf \u0111\u1ec3 duy tr\u00ec t\u1ef7 gi\u00e1 1:1 v\u1edbi c\u00e1c \u0111\u1ed3ng ti\u1ec1n truy\u1ec1n th\u1ed1ng, c\u00f3 ngh\u0129a l\u00e0 m\u1ed7i token n\u00ean c\u00f3 th\u1ec3 \u0111\u1ed5i \u0111\u01b0\u1ee3c cho m\u1ed9t USD ch\u00ednh x\u00e1c. S\u1ef1 \u1ed5n \u0111\u1ecbnh n\u00e0y \u0111\u01b0\u1ee3c duy tr\u00ec th\u00f4ng qua c\u00e1c t\u00e0i s\u1ea3n d\u1ef1 tr\u1eef m\u00e0 nh\u00e0 ph\u00e1t h\u00e0nh n\u1eafm gi\u1eef. V\u1ee5 vi\u1ec7c \u0111\u00e3 \u0111\u1eb7t ra nh\u1eefng c\u00e2u h\u1ecfi quan tr\u1ecdng v\u1ec1 c\u00e1ch m\u00e0 m\u1ed9t s\u1ed1 l\u01b0\u1ee3ng kh\u1ed5ng l\u1ed3 c\u00e1c token c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u1ea1o ra m\u00e0 kh\u00f4ng c\u00f3 t\u00e0i s\u1ea3n b\u1ea3o \u0111\u1ea3m t\u01b0\u01a1ng \u1ee9ng, ngay c\u1ea3 trong ng\u1eafn h\u1ea1n.<\/p>\n
## B\u1ed1i C\u1ea3nh L\u1ecbch S\u1eed v\u00e0 Ti\u1ec1n L\u1ec7 Ng\u00e0nh<\/p>\n
M\u1eb7c d\u00f9 g\u00e2y s\u1ed1c v\u1ec1 quy m\u00f4, s\u1ef1 c\u1ed1 n\u00e0y kh\u00f4ng ho\u00e0n to\u00e0n kh\u00f4ng c\u00f3 ti\u1ec1n l\u1ec7 trong ng\u00e0nh c\u00f4ng nghi\u1ec7p ti\u1ec1n \u0111i\u1ec7n t\u1eed. C\u00e1c l\u1ed7i k\u1ef9 thu\u1eadt, m\u1eb7c d\u00f9 \u0111\u00e1ng x\u1ea5u h\u1ed5, \u0111\u00e3 x\u1ea3y ra tr\u01b0\u1edbc \u0111\u00f3 v\u1edbi c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh stablecoin kh\u00e1c. V\u00e0o n\u0103m 2019, Tether \u0111\u00e3 v\u00f4 t\u00ecnh ph\u00e1t h\u00e0nh kho\u1ea3ng 5 t\u1ef7 token USDT v\u00e0 sau \u0111\u00f3 \u0111\u00e3 ti\u00eau h\u1ee7y s\u1ed1 d\u01b0 th\u1eeba, m\u1eb7c d\u00f9 \u0111\u00e2y ch\u1ec9 l\u00e0 m\u1ed9t ph\u1ea7n nh\u1ecf so v\u1edbi l\u1ed7i c\u1ee7a Paxos.<\/p>\n
Nh\u1eefng s\u1ef1 c\u1ed1 \u0111\u00e1ng ch\u00fa \u00fd kh\u00e1c bao g\u1ed3m BlockFi v\u00f4 t\u00ecnh ghi c\u00f3 cho ng\u01b0\u1eddi d\u00f9ng v\u1edbi s\u1ed1 l\u01b0\u1ee3ng Bitcoin kh\u1ed5ng l\u1ed3 thay v\u00ec c\u00e1c stablecoin khuy\u1ebfn m\u00e3i v\u00e0o th\u00e1ng 5 n\u0103m 2021, y\u00eau c\u1ea7u \u0111\u1ea3o ng\u01b0\u1ee3c ph\u1ee9c t\u1ea1p. V\u00e0o th\u00e1ng 12 n\u0103m 2022, m\u1ed9t l\u1ed7i c\u1eadp nh\u1eadt DeversiFi \u0111\u00e3 k\u00edch ho\u1ea1t m\u1ed9t kho\u1ea3n thanh to\u00e1n gas Ethereum 23.7 tri\u1ec7u USD, m\u00e0 c\u00e1c nh\u00e0 ph\u00e1t tri\u1ec3n ch\u1ee7 y\u1ebfu \u0111\u00e3 c\u00f3 th\u1ec3 kh\u00f4i ph\u1ee5c v\u1edbi s\u1ef1 h\u1ed7 tr\u1ee3 c\u1ee7a c\u1ed9ng \u0111\u1ed3ng.<\/p>\n
Nh\u1eefng s\u1ef1 c\u1ed1 n\u00e0y l\u00e0m n\u1ed5i b\u1eadt m\u1ed9t s\u1ef1 kh\u00e1c bi\u1ec7t quan tr\u1ecdng gi\u1eefa stablecoin v\u00e0 c\u00e1c ti\u1ec1n \u0111i\u1ec7n t\u1eed kh\u00e1c. Trong khi c\u00e1c giao d\u1ecbch crypto th\u00f4ng th\u01b0\u1eddng g\u1eedi \u0111\u1ebfn \u0111\u1ecba ch\u1ec9 sai th\u01b0\u1eddng kh\u00f4ng th\u1ec3 b\u1ecb \u0111\u1ea3o ng\u01b0\u1ee3c, c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh stablecoin gi\u1eef quy\u1ec1n ki\u1ec3m so\u00e1t l\u1edbn h\u01a1n \u0111\u1ed1i v\u1edbi c\u00e1c token c\u1ee7a h\u1ecd. H\u1ecd c\u00f3 kh\u1ea3 n\u0103ng ph\u00e1t h\u00e0nh v\u00e0 ti\u00eau h\u1ee7y token, cho ph\u00e9p h\u1ecd s\u1eeda ch\u1eefa c\u00e1c l\u1ed7i nh\u01b0 l\u1ed7i c\u1ee7a Paxos, m\u1eb7c d\u00f9 sau khi ch\u00fang x\u1ea3y ra.<\/p>\n
## Hi\u1ec3u PYUSD v\u00e0 Th\u1ecb Tr\u01b0\u1eddng Stablecoin<\/p>\n
PayPal USD, \u0111\u01b0\u1ee3c ra m\u1eaft v\u00e0o n\u0103m 2023, l\u00e0 s\u1ef1 gia nh\u1eadp c\u1ee7a PayPal v\u00e0o th\u1ecb tr\u01b0\u1eddng stablecoin. T\u00ednh \u0111\u1ebfn gi\u1eefa th\u00e1ng 10 n\u0103m 2025, PYUSD c\u00f3 v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng kho\u1ea3ng 2.32 t\u1ef7 USD, tr\u1edf th\u00e0nh stablecoin l\u1edbn th\u1ee9 b\u1ea3y theo gi\u00e1 tr\u1ecb th\u1ecb tr\u01b0\u1eddng. M\u1ed7i token \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf \u0111\u1ec3 \u0111\u01b0\u1ee3c ho\u00e0n to\u00e0n b\u1ea3o \u0111\u1ea3m b\u1edfi c\u00e1c t\u00e0i s\u1ea3n d\u1ef1 tr\u1eef ch\u1ea5t l\u01b0\u1ee3ng cao, c\u00f3 t\u00ednh thanh kho\u1ea3n cao \u0111\u1ec3 duy tr\u00ec t\u1ef7 gi\u00e1 v\u1edbi \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9, v\u1edbi gi\u00e1 giao d\u1ecbch th\u01b0\u1eddng c\u1ed1 \u0111\u1ecbnh g\u1ea7n 0.9997 USD.<\/p>\n
Ng\u00e0nh stablecoin r\u1ed9ng h\u01a1n \u0111\u00e3 tr\u1ea3i qua s\u1ef1 t\u0103ng tr\u01b0\u1edfng \u0111\u00e1ng k\u1ec3, v\u1edbi v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng t\u1ed5ng \u0111\u1ea1t g\u1ea7n 306.18 t\u1ef7 USD t\u00ednh \u0111\u1ebfn th\u00e1ng 10 n\u0103m 2025, t\u01b0\u01a1ng \u1ee9ng v\u1edbi m\u1ee9c t\u0103ng kho\u1ea3ng 47% t\u1eeb \u0111\u1ea7u n\u0103m \u0111\u1ebfn nay. Th\u1ecb tr\u01b0\u1eddng v\u1eabn \u0111\u01b0\u1ee3c th\u1ed1ng tr\u1ecb b\u1edfi c\u00e1c nh\u00e0 ch\u01a1i l\u1edbn nh\u01b0 USDT c\u1ee7a Tether, n\u1eafm gi\u1eef kho\u1ea3ng 59% th\u1ecb ph\u1ea7n, v\u00e0 USDC c\u1ee7a Circle. M\u1eb7c d\u00f9 PYUSD nh\u1ecf h\u01a1n so v\u1edbi so v\u1edbi, n\u00f3 thu h\u00fat s\u1ef1 ch\u00fa \u00fd do s\u1ef1 hi\u1ec7n di\u1ec7n \u0111\u00e3 \u0111\u01b0\u1ee3c thi\u1ebft l\u1eadp c\u1ee7a PayPal trong c\u00e1c thanh to\u00e1n k\u1ef9 thu\u1eadt s\u1ed1.<\/p>\n
## \u00dd Ngh\u0129a \u0110\u1ed1i V\u1edbi T\u00e0i Ch\u00ednh Blockchain<\/p>\n
S\u1ef1 c\u1ed1 n\u00e0y \u0111\u00e3 nh\u1ea5n m\u1ea1nh c\u1ea3 s\u1ee9c m\u1ea1nh v\u00e0 s\u1ef1 d\u1ec5 b\u1ecb t\u1ed5n th\u01b0\u01a1ng c\u1ee7a t\u00e0i ch\u00ednh d\u1ef1a tr\u00ean blockchain. M\u1ed9t m\u1eb7t, t\u00ednh minh b\u1ea1ch c\u1ee7a c\u00e1c blockchain c\u00f4ng c\u1ed9ng c\u00f3 ngh\u0129a l\u00e0 l\u1ed7i \u0111\u00e3 ngay l\u1eadp t\u1ee9c hi\u1ec3n th\u1ecb cho b\u1ea5t k\u1ef3 ai theo d\u00f5i m\u1ea1ng l\u01b0\u1edbi, v\u00e0 b\u1ea3n ghi b\u1ea5t bi\u1ebfn cung c\u1ea5p tr\u00e1ch nhi\u1ec7m. M\u1eb7t kh\u00e1c, n\u00f3 cho th\u1ea5y s\u1ef1 mong manh ti\u1ec1m t\u00e0ng c\u1ee7a c\u00e1c h\u1ec7 th\u1ed1ng x\u1eed l\u00fd c\u00e1c giao d\u1ecbch t\u1ef1 \u0111\u1ed9ng quy m\u00f4 l\u1edbn.<\/p>\n
C\u00e1c nh\u00e0 b\u00ecnh lu\u1eadn th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 ch\u1ec9 ra r\u1eb1ng kh\u00eda c\u1ea1nh \u0111\u00e1ng lo ng\u1ea1i kh\u00f4ng nh\u1ea5t thi\u1ebft l\u00e0 s\u1ed1 ti\u1ec1n \u0111\u00f4 la, m\u00e0 l\u00e0 th\u1ef1c t\u1ebf r\u1eb1ng m\u1ed9t t\u00e0i s\u1ea3n c\u00f3 \u0111\u1ea3m b\u1ea3o c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u1ea1o ra, ngay c\u1ea3 trong ng\u1eafn h\u1ea1n, m\u00e0 kh\u00f4ng c\u00f3 t\u00e0i s\u1ea3n b\u1ea3o \u0111\u1ea3m c\u1ea7n thi\u1ebft. \u0110i\u1ec1u n\u00e0y \u0111\u1eb7t ra c\u00e2u h\u1ecfi v\u1ec1 nh\u1eefng bi\u1ec7n ph\u00e1p an to\u00e0n v\u00e0 c\u01a1 ch\u1ebf ki\u1ec3m so\u00e1t hi\u1ec7n c\u00f3 t\u1ea1i c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh stablecoin.<\/p>\n
Ph\u1ea3n \u1ee9ng nhanh ch\u00f3ng v\u00e0 s\u1ef1 s\u1eeda ch\u1eefa c\u1ee7a Paxos, tuy nhi\u00ean, \u0111\u00e3 cho th\u1ea5y r\u1eb1ng c\u00e1c ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 c\u1ee7a h\u1ecd c\u00f3 hi\u1ec7u qu\u1ea3 trong vi\u1ec7c ng\u0103n ch\u1eb7n m\u1ecdi s\u1ef1 gi\u00e1n \u0111o\u1ea1n th\u1ecb tr\u01b0\u1eddng l\u00e2u d\u00e0i ho\u1eb7c thi\u1ec7t h\u1ea1i cho c\u00e1c kho\u1ea3n n\u1eafm gi\u1eef c\u1ee7a kh\u00e1ch h\u00e0ng. Kh\u1ea3 n\u0103ng c\u1ee7a c\u00f4ng ty \u0111\u1ec3 nhanh ch\u00f3ng x\u00e1c \u0111\u1ecbnh l\u1ed7i, ti\u00eau h\u1ee7y c\u00e1c token th\u1eeba v\u00e0 ph\u00e1t h\u00e0nh l\u1ea1i s\u1ed1 l\u01b0\u1ee3ng ch\u00ednh x\u00e1c cho th\u1ea5y r\u1eb1ng c\u00e1c h\u1ec7 th\u1ed1ng qu\u1ea3n l\u00fd r\u1ee7i ro c\u1ee7a h\u1ecd, d\u00f9 kh\u00f4ng ho\u00e0n h\u1ea3o trong vi\u1ec7c ng\u0103n ch\u1eb7n l\u1ed7i ban \u0111\u1ea7u, l\u00e0 \u0111\u1ee7 m\u1ea1nh \u0111\u1ec3 ki\u1ec3m so\u00e1t v\u00e0 gi\u1ea3i quy\u1ebft m\u1ed9t c\u00e1ch nhanh ch\u00f3ng.<\/p>\n
## Nh\u00ecn v\u1ec1 T\u01b0\u01a1ng Lai<\/p>\n
Khi th\u1ecb tr\u01b0\u1eddng stablecoin ti\u1ebfp t\u1ee5c ph\u00e1t tri\u1ec3n v\u00e0 thu h\u00fat th\u00eam s\u1ef1 tham gia c\u1ee7a c\u00e1c t\u1ed5 ch\u1ee9c, c\u00e1c s\u1ef1 c\u1ed1 nh\u01b0 th\u1ebf n\u00e0y c\u00f3 kh\u1ea3 n\u0103ng s\u1ebd th\u00fac \u0111\u1ea9y nh\u1eefng cu\u1ed9c th\u1ea3o lu\u1eadn li\u00ean t\u1ee5c v\u1ec1 gi\u00e1m s\u00e1t quy \u0111\u1ecbnh, qu\u1ea3n l\u00fd r\u1ee7i ro ho\u1ea1t \u0111\u1ed9ng v\u00e0 s\u1ef1 c\u00e2n b\u1eb1ng th\u00edch h\u1ee3p gi\u1eefa \u0111\u1ed5i m\u1edbi v\u00e0 \u1ed5n \u0111\u1ecbnh trong t\u00e0i ch\u00ednh k\u1ef9 thu\u1eadt s\u1ed1. M\u1eb7c d\u00f9 kh\u00f4ng c\u00f3 qu\u1ef9 kh\u00e1ch h\u00e0ng n\u00e0o b\u1ecb \u1ea3nh h\u01b0\u1edfng v\u00e0 l\u1ed7i \u0111\u00e3 \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t trong v\u00e0i ph\u00fat, quy m\u00f4 to l\u1edbn c\u1ee7a s\u1ef1 c\u1ed1 n\u00e0y l\u00e0 m\u1ed9t l\u1eddi nh\u1eafc nh\u1edf v\u1ec1 nh\u1eefng kho\u1ea3n ti\u1ec1n kh\u1ed5ng l\u1ed3 li\u00ean quan \u0111\u1ebfn vi\u1ec7c qu\u1ea3n l\u00fd c\u00e1c c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh d\u1ef1a tr\u00ean blockchain v\u00e0 t\u1ea7m quan tr\u1ecdng c\u1ee7a c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m so\u00e1t k\u1ef9 thu\u1eadt nghi\u00eam ng\u1eb7t.<\/p>\n","protected":false},"excerpt":{"rendered":"
# Paxos V\u00f4 T\u00ecnh Ph\u00e1t H\u00e0nh 300 Ngh\u00ecn T\u1ef7 USD Stablecoin PayPal Trong m\u1ed9t trong nh\u1eefng s\u1ef1 c\u1ed1 k\u1ef9 thu\u1eadt \u1ea5n t\u01b0\u1ee3ng nh\u1ea5t trong l\u1ecbch s\u1eed t\u00e0i ch\u00ednh k\u1ef9 thu\u1eadt s\u1ed1, nh\u00e0 ph\u00e1t h\u00e0nh stablecoin Paxos \u0111\u00e3 v\u00f4 t\u00ecnh t\u1ea1o ra stablecoin PYUSD c\u1ee7a PayPal tr\u1ecb gi\u00e1 300 ngh\u00ecn t\u1ef7 USD v\u00e0o chi\u1ec1u th\u1ee9 T\u01b0. […]<\/p>\n","protected":false},"author":1,"featured_media":3959,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-vi"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"vi","enabled_languages":["en","de","ja","vi","ms"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"ja":{"title":false,"content":false,"excerpt":false},"vi":{"title":false,"content":false,"excerpt":false},"ms":{"title":false,"content":false,"excerpt":false}}},"rttpg_featured_image_url":{"full":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700.jpg",1200,800,false],"landscape":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700.jpg",1200,800,false],"portraits":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700.jpg",1200,800,false],"thumbnail":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700-150x150.jpg",150,150,true],"medium":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700-300x200.jpg",300,200,true],"large":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700.jpg",1200,800,false],"2048x2048":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700.jpg",1200,800,false],"blog-thumb":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700-530x250.jpg",530,250,true],"blog-full":["https:\/\/blockchainenews.com\/wp-content\/uploads\/2025\/10\/2025-10-16T150003.0730700-1100x450.jpg",1100,450,true]},"rttpg_author":{"display_name":"tranhuynhmy@proton.me","author_link":"https:\/\/blockchainenews.com\/vi\/author\/tranhuynhmyproton-me\/"},"rttpg_comment":0,"rttpg_category":"News-Vi<\/a>","rttpg_excerpt":"# Paxos V\u00f4 T\u00ecnh Ph\u00e1t H\u00e0nh 300 Ngh\u00ecn T\u1ef7 USD Stablecoin PayPal Trong m\u1ed9t trong nh\u1eefng s\u1ef1 c\u1ed1 k\u1ef9 thu\u1eadt \u1ea5n t\u01b0\u1ee3ng nh\u1ea5t trong l\u1ecbch s\u1eed t\u00e0i ch\u00ednh k\u1ef9 thu\u1eadt s\u1ed1, nh\u00e0 ph\u00e1t h\u00e0nh stablecoin Paxos \u0111\u00e3 v\u00f4 t\u00ecnh t\u1ea1o ra stablecoin PYUSD c\u1ee7a PayPal tr\u1ecb gi\u00e1 300 ngh\u00ecn t\u1ef7 USD v\u00e0o chi\u1ec1u th\u1ee9 T\u01b0.…","_links":{"self":[{"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/posts\/3967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/comments?post=3967"}],"version-history":[{"count":1,"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/posts\/3967\/revisions"}],"predecessor-version":[{"id":3968,"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/posts\/3967\/revisions\/3968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/media\/3959"}],"wp:attachment":[{"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/media?parent=3967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/categories?post=3967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blockchainenews.com\/vi\/wp-json\/wp\/v2\/tags?post=3967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}