S&agrave;n giao d&#7883;ch ph&aacute;i sinh l&#7899;n nh&#7845;t ph&#7889; Wall &#273;ang c&acirc;n nh&#7855;c ph&aacute;t h&agrave;nh m&#7897;t lo&#7841;i token phong c&aacute;ch crypto c&#7911;a ri&ecirc;ng m&igrave;nh, v&agrave; &#273;i&#7873;u n&agrave;y c&oacute; th&#7875; mang l&#7841;i &#7843;nh h&#432;&#7903;ng r&#7897;ng l&#7899;n h&#417;n r&#7845;t nhi&#7873;u so v&#7899;i m&#7897;t cu&#7897;c th&#7917; nghi&#7879;m th&ocirc;ng th&#432;&#7901;ng c&#7911;a c&aacute;c t&#7893; ch&#7913;c l&#7899;n.
Theo c&aacute;c b&aacute;o c&aacute;o, CEO c&#7911;a CME Group l&agrave; Terry Duffy cho bi&#7871;t c&ocirc;ng ty &#273;ang nghi&ecirc;n c&#7913;u &ldquo;nh&#7919;ng s&aacute;ng ki&#7871;n v&#7899;i coin ri&ecirc;ng&rdquo; c&oacute; th&#7875; ho&#7841;t &#273;&#7897;ng tr&ecirc;n m&#7841;ng l&#432;&#7899;i phi t&#7853;p trung. Nh&#7853;n &#273;&#7883;nh n&agrave;y &#273;&#432;&#7907;c &#273;&#432;a ra trong cu&#7897;c th&#7843;o lu&#7853;n v&#7873; k&yacute; qu&#7929; v&agrave; t&agrave;i s&#7843;n th&#7871; ch&#7845;p d&#7841;ng token, ch&#7913; kh&ocirc;ng ph&#7843;i c&aacute;c &#7913;ng d&#7909;ng crypto cho ng&#432;&#7901;i ti&ecirc;u d&ugrave;ng ho&#7863;c thanh to&aacute;n.
Ph&acirc;n bi&#7879;t n&agrave;y r&#7845;t quan tr&#7885;ng. N&#7871;u &#273;&#432;&#7907;c tri&#7875;n khai, coin do CME ph&aacute;t h&agrave;nh s&#7869; kh&ocirc;ng gi&#7889;ng c&aacute;c lo&#7841;i ti&#7873;n m&atilde; h&oacute;a hay stablecoin m&agrave; nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; th&#432;&#7901;ng s&#7917; d&#7909;ng.
Thay v&agrave;o &#273;&oacute;, n&oacute; c&oacute; th&#7875; tr&#7903; th&agrave;nh m&#7897;t ph&#7847;n h&#7841; t&#7847;ng quan tr&#7885;ng tr&ecirc;n th&#7883; tr&#432;&#7901;ng t&agrave;i ch&iacute;nh &ndash; &acirc;m th&#7847;m ki&#7875;m so&aacute;t c&aacute;ch th&#7913;c r&#7911;i ro &#273;&#432;&#7907;c lu&acirc;n chuy&#7875;n gi&#7919;a c&aacute;c th&#7883; tr&#432;&#7901;ng t&agrave;i ch&iacute;nh to&agrave;n c&#7847;u.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-cme-coin-is-a-collateral-play-not-a-crypto-launch">CME Coin l&agrave; m&#7897;t gi&#7843;i ph&aacute;p th&#7871; ch&#7845;p, kh&ocirc;ng ph&#7843;i ra m&#7855;t crypto m&#7899;i</h2>

&Yacute; ki&#7871;n c&#7911;a CME &#273;&#432;&#7907;c <a href="https://www.coindesk.com/business/2026/02/04/wall-street-giant-cme-group-is-eyeing-its-own-cme-coin-ceo-says" target="_blank" rel="noreferrer noopener nofollow">&#273;&#7873; c&#7853;p r&otilde; r&agrave;ng</a> quanh v&#7845;n &#273;&#7873; t&agrave;i s&#7843;n th&#7871; ch&#7845;p v&agrave; k&yacute; qu&#7929;, v&#7889;n l&agrave; n&#7873;n t&#7843;ng khi giao d&#7883;ch ph&aacute;i sinh. M&#7895;i v&#7883; th&#7871; h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai hay quy&#7873;n ch&#7885;n tr&ecirc;n CME &#273;&#7873;u y&ecirc;u c&#7847;u nh&agrave; &#273;&#7847;u t&#432; ph&#7843;i n&#7841;p k&yacute; qu&#7929;, th&#432;&#7901;ng l&agrave; b&#7857;ng ti&#7873;n m&#7863;t ho&#7863;c c&aacute;c t&agrave;i s&#7843;n thanh kho&#7843;n ch&#7845;t l&#432;&#7907;ng cao.
N&#7871;u &#273;&#432;a qu&aacute; tr&igrave;nh n&agrave;y l&ecirc;n blockchain, CME c&oacute; th&#7875; cho ph&eacute;p vi&#7879;c d&#7883;ch chuy&#7875;n k&yacute; qu&#7929; di&#7877;n ra tr&#7921;c tuy&#7871;n, li&ecirc;n t&#7909;c v&agrave; g&#7847;n nh&#432; theo th&#7901;i gian th&#7921;c. &#272;i&#7873;u n&agrave;y gi&uacute;p gi&#7843;m ph&#7909; thu&#7897;c v&agrave;o h&#7879; th&#7889;ng ng&acirc;n h&agrave;ng truy&#7873;n th&#7889;ng, v&#7889;n v&#7851;n ch&#7881; ho&#7841;t &#273;&#7897;ng trong khung gi&#7901; gi&#7899;i h&#7841;n.
Quan tr&#7885;ng h&#417;n, <a href="https://vn.beincrypto.com/cme-group-cardano-chainlink-stellar-futures/" target="_blank" rel="noreferrer noopener">CME v&#7889;n &#273;&atilde; l&agrave; b&ecirc;n quy&#7871;t &#273;&#7883;nh</a> lo&#7841;i t&agrave;i s&#7843;n n&agrave;o &#273;&#7911; &#273;i&#7873;u ki&#7879;n l&agrave;m t&agrave;i s&#7843;n th&#7871; ch&#7845;p. Khi ph&aacute;t h&agrave;nh token ri&ecirc;ng, CME v&#7851;n gi&#7919; nguy&ecirc;n quy&#7873;n ki&#7875;m so&aacute;t n&agrave;y trong m&ocirc;i tr&#432;&#7901;ng blockchain m&agrave; kh&ocirc;ng l&agrave;m thay &#273;&#7893;i ng&#432;&#7901;i ra quy&#7871;t &#273;&#7883;nh.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-why-this-could-be-bigger-than-most-stablecoins">T&#7841;i sao &#273;i&#7873;u n&agrave;y c&oacute; th&#7875; v&#432;&#7907;t tr&#7897;i h&#417;n h&#7847;u h&#7871;t stablecoin</h2>

<a href="https://vn.beincrypto.com/standard-chartered-us-banks-stablecoin-drain/" target="_blank" rel="noreferrer noopener">Stablecoin nh&#432; USDC hay USDT</a> th&#432;&#7901;ng xu&#7845;t hi&#7879;n nhi&#7873;u tr&ecirc;n m&#7863;t b&aacute;o nh&#7901; quy m&ocirc; v&agrave; vai tr&ograve; trong giao d&#7883;ch, thanh to&aacute;n crypto. Tuy nhi&ecirc;n, ch&uacute;ng ch&#7911; y&#7871;u l&agrave; ph&#432;&#417;ng ti&#7879;n chuy&#7875;n ti&#7873;n.
Token c&#7911;a CME s&#7869; l&agrave; ph&#432;&#417;ng ti&#7879;n chuy&#7875;n giao r&#7911;i ro.
CME &#273;ang thanh to&aacute;n h&agrave;ng ngh&igrave;n t&#7927; USD gi&aacute; tr&#7883; ph&aacute;i sinh li&ecirc;n quan &#273;&#7871;n l&atilde;i su&#7845;t, c&#7893; phi&#7871;u, h&agrave;ng h&oacute;a v&agrave; c&#7843; crypto. Nh&#7919;ng c&ocirc;ng c&#7909; k&yacute; qu&#7929; s&#7917; d&#7909;ng trong h&#7879; th&#7889;ng n&agrave;y c&oacute; t&#7889;c &#273;&#7897; l&#432;u th&ocirc;ng v&agrave; m&#7913;c &#273;&#7897; quan tr&#7885;ng &#273;&#7889;i v&#7899;i h&#7879; th&#7889;ng t&agrave;i ch&iacute;nh cao h&#417;n nhi&#7873;u so v&#7899;i ph&#7847;n l&#7899;n token thanh to&aacute;n kh&aacute;c.
N&#7871;u token CME &#273;&#432;&#7907;c c&ocirc;ng nh&#7853;n l&agrave;m t&agrave;i s&#7843;n k&yacute; qu&#7929;, n&oacute; s&#7869; n&#7857;m ngay trung t&acirc;m qu&aacute; tr&igrave;nh x&aacute;c l&#7853;p gi&aacute; v&agrave; gi&#7919; &#7893;n &#273;&#7883;nh t&agrave;i ch&iacute;nh. Nhi&#7873;u stablecoin hi&#7879;n nay hi&#7871;m khi gi&#7919; vai tr&ograve; quan tr&#7885;ng nh&#432; v&#7853;y.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-control-over-collateral-means-control-over-markets">Ki&#7875;m so&aacute;t t&agrave;i s&#7843;n th&#7871; ch&#7845;p &#273;&#7891;ng ngh&#297;a ki&#7875;m so&aacute;t th&#7883; tr&#432;&#7901;ng</h2>

T&agrave;i s&#7843;n th&#7871; ch&#7845;p lu&ocirc;n l&agrave; &#273;i&#7875;m ngh&#7869;n l&#7899;n nh&#7845;t trong t&agrave;i ch&iacute;nh hi&#7879;n &#273;&#7841;i. N&oacute; quy&#7871;t &#273;&#7883;nh ai c&oacute; quy&#7873;n tham gia giao d&#7883;ch, m&#7913;c &#273;&ograve;n b&#7849;y t&#7889;i &#273;a v&agrave; c&aacute;ch nh&#7919;ng c&uacute; s&#7889;c lan ra th&#7883; tr&#432;&#7901;ng khi bi&#7871;n &#273;&#7897;ng x&#7843;y ra.
Vi&#7879;c ph&aacute;t h&agrave;nh <a href="https://vn.beincrypto.com/crypto-fund-flows-negative-1-7b-outflows/" target="_blank" rel="noreferrer noopener">t&agrave;i s&#7843;n th&#7871; ch&#7845;p d&#432;&#7899;i d&#7841;ng token</a> kh&ocirc;ng &#273;&#7891;ng ngh&#297;a th&#7883; tr&#432;&#7901;ng tr&#7903; n&ecirc;n phi t&#7853;p trung h&#417;n. Ng&#432;&#7907;c l&#7841;i, CME s&#7869; c&#7911;ng c&#7889; v&#7883; th&#7871; l&agrave; trung gian &#273;&#432;&#7907;c tin t&#432;&#7903;ng &ndash; ch&#7881; kh&aacute;c l&agrave; l&#7847;n n&agrave;y s&#7917; d&#7909;ng c&ocirc;ng ngh&#7879; blockchain.
Token CME g&#7847;n nh&#432; ch&#7855;c ch&#7855;n s&#7869; gi&#7899;i h&#7841;n cho c&aacute;c t&#7893; ch&#7913;c t&agrave;i ch&iacute;nh chuy&ecirc;n nghi&#7879;p. Lo&#7841;i token n&agrave;y kh&ocirc;ng d&agrave;nh cho giao d&#7883;ch, &#273;&#7847;u c&#417; hay t&igrave;m ki&#7871;m l&#7907;i su&#7845;t gi&#7889;ng c&aacute;c coin th&ocirc;ng th&#432;&#7901;ng.
S&#7869; kh&ocirc;ng c&oacute; c&#417; ch&#7871; qu&#7843;n tr&#7883; m&#7903;, kh&ocirc;ng ai c&oacute; th&#7875; truy c&#7853;p t&#7921; do v&agrave; kh&ocirc;ng c&oacute; s&#7921; k&#7871;t n&#7889;i v&#7899;i DeFi. Blockchain ch&#7881; &#273;&oacute;ng vai tr&ograve; l&agrave; h&#7841; t&#7847;ng d&ugrave;ng chung ch&#7913; kh&ocirc;ng bi&#7871;n th&agrave;nh h&#7879; th&#7889;ng t&agrave;i ch&iacute;nh m&#7903;.
C&aacute;ch l&agrave;m n&agrave;y t&#432;&#417;ng t&#7921; nhi&#7873;u t&#7893; ch&#7913;c ph&#7889; Wall kh&aacute;c khi n&oacute;i v&#7873; token h&oacute;a: &#273;&oacute;n nh&#7853;n c&ocirc;ng ngh&#7879; m&#7899;i nh&#432;ng v&#7851;n b&#7843;o to&agrave;n quy&#7873;n l&#7921;c nh&#432; c&#361;.

Phố Wall đang chú ý đến CME coin, và điều này có thể quan trọng hơn cả stablecoin