Th&aacute;ng 01/2026 &#273;&atilde; &#273;&aacute;nh d&#7845;u m&#7897;t c&#7897;t m&#7889;c quan tr&#7885;ng cho stablecoin, khi t&#7893;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch on-chain v&#432;&#7907;t m&#7889;c 10 ngh&igrave;n t&#7927; USD ch&#7881; trong m&#7897;t th&aacute;ng. USDC d&#7851;n &#273;&#7847;u l&agrave;n s&oacute;ng n&agrave;y, x&#7917; l&yacute; h&#417;n 8.4 ngh&igrave;n t&#7927; USD thanh to&aacute;n, b&#7887; xa c&aacute;c &#273;&#7889;i th&#7911; v&agrave; v&#432;&#7907;t qua t&#7893;ng kh&#7889;i l&#432;&#7907;ng thanh to&aacute;n h&agrave;ng th&aacute;ng c&#7911;a c&#7843; Visa l&#7851;n Mastercard c&#7897;ng l&#7841;i.
Tuy nhi&ecirc;n, d&ugrave; t&#259;ng tr&#432;&#7903;ng &#273;&#7897;t ph&aacute; nh&#432; v&#7853;y, Circle &ndash; &#273;&#417;n v&#7883; ph&aacute;t h&agrave;nh USDC &ndash; v&#7851;n &#273;ang ch&#7913;ng ki&#7871;n s&#7921; ch&ecirc;nh l&#7879;ch l&#7899;n gi&#7919;a th&#7921;c t&#7871; on-chain v&agrave; gi&aacute; tr&#7883; th&#7883; tr&#432;&#7901;ng c&#7911;a c&ocirc;ng ty.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-usdc-hits-8-4-trillion-in-january-transactions-as-circle-stock-slides-80">USDC &#273;&#7841;t 8,4 ngh&igrave;n t&#7927; USD giao d&#7883;ch trong th&aacute;ng 01/2024 khi c&#7893; phi&#7871;u Circle gi&#7843;m 80%</h2>

D&#7921;a theo d&#7919; li&#7879;u t&#7915; Artemis, c&aacute;c ho&#7841;t &#273;&#7897;ng stablecoin trong th&aacute;ng 01 l&agrave; d&#7845;u hi&#7879;u m&#7841;nh m&#7869; nh&#7845;t t&#7915; tr&#432;&#7899;c &#273;&#7871;n nay cho th&#7845;y &#273;&#7891;ng &#273;&ocirc; la k&#7929; thu&#7853;t s&#7889; &#273;ang v&#432;&#7907;t ra kh&#7887;i ph&#7841;m vi s&#7917; d&#7909;ng trong gi&#7899;i crypto v&agrave; d&#7847;n gia nh&#7853;p v&agrave;o h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh truy&#7873;n th&#7889;ng.
&Ocirc;ng Peter Schroeder, b&#7897; ph&#7853;n marketing c&#7911;a Circle, nh&#7845;n m&#7841;nh r&#7857;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch stablecoin trong th&aacute;ng 01 &#273;&atilde; v&#432;&#7907;t m&#7889;c 10 ngh&igrave;n t&#7927; USD ch&#7881; trong th&aacute;ng n&agrave;y, v&#7899;i USDC chi&#7871;m ph&#7847;n l&#7899;n (8.4 ngh&igrave;n t&#7927; USD).
&#272;&#7875; so s&aacute;nh, Visa v&agrave; Mastercard c&#7897;ng l&#7841;i th&#432;&#7901;ng ch&#7881; x&#7917; l&yacute; kho&#7843;ng 2 ngh&igrave;n t&#7927; USD thanh to&aacute;n m&#7895;i th&aacute;ng. Tuy nhi&ecirc;n, nh&agrave; &#273;&#7847;u t&#432; d&#432;&#7901;ng nh&#432; ch&#432;a m&#7845;y tin t&#432;&#7903;ng. Gi&aacute; c&#7893; phi&#7871;u Circle &#273;&atilde; gi&#7843;m kho&#7843;ng 80% so v&#7899;i &#273;&#7881;nh ch&#7881; m&#7899;i b&#7843;y th&aacute;ng tr&#432;&#7899;c, d&#7851;n t&#7899;i nh&#7919;ng cu&#7897;c tranh lu&#7853;n gay g&#7855;t gi&#7919;a c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch c&ugrave;ng nh&#7919;ng ng&#432;&#7901;i tham gia th&#7883; tr&#432;&#7901;ng.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/86GXcEkeBXG_LXbgxZXXxy60wvc=/smart/463aa60303c24a61b01b5b7dad17fcea" alt="Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u Circle (CRCL)." class="wp-image-798705">Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u Circle (CRCL). Ngu&#7891;n: <a href="https://www.tradingview.com/x/Bb4JDwi0/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>

Gi&aacute;m &#273;&#7889;c qu&#7929; &#273;&#7847;u t&#432; Dan Tapiero ch&#7881; ra r&#7857;ng, d&ugrave; stablecoin ghi nh&#7853;n t&#7893;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch 33 ngh&igrave;n t&#7927; USD trong n&#259;m 2025 v&agrave; 10 ngh&igrave;n t&#7927; USD ch&#7881; trong th&aacute;ng 01, nh&#432;ng c&#7893; phi&#7871;u Circle v&#7851;n b&#7883; th&#7883; tr&#432;&#7901;ng &#273;&#7883;nh gi&aacute; theo h&#432;&#7899;ng th&#7845;t b&#7841;i thay v&igrave; t&#259;ng tr&#432;&#7903;ng m&#7841;nh m&#7869;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;USDC chi&#7871;m 8 ngh&igrave;n t&#7927; USD&hellip; ch&#7881; trong m&#7897;t th&aacute;ng,&rdquo; &ocirc;ng Tapiero <a href="https://x.com/DTAPCAP/status/2018555798306144271?s=20" target="_blank" rel="noreferrer noopener nofollow">chia s&#7867;</a> v&agrave; cho r&#7857;ng t&#7893;ng th&#7883; tr&#432;&#7901;ng ti&#7873;m n&#259;ng (TAM) c&#7911;a stablecoin c&oacute; th&#7875; v&#432;&#7907;t m&#7913;c 1,000 ngh&igrave;n t&#7927; USD trong t&#432;&#417;ng lai.
</blockquote>

Nhi&#7873;u ng&#432;&#7901;i kh&aacute;c c&#361;ng &#273;&#7891;ng t&igrave;nh r&#7857;ng th&#7883; tr&#432;&#7901;ng &#273;ang &#273;&aacute;nh gi&aacute; sai vai tr&ograve; c&#7911;a Circle, b&#7903;i nh&agrave; &#273;&#7847;u t&#432; v&#7851;n xem Circle gi&#7889;ng nh&#432; m&#7897;t c&ocirc;ng ty fintech thay v&igrave; l&agrave; m&#7897;t ph&#7847;n h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh c&#7889;t l&otilde;i.
N&#7871;u c&aacute;ch nh&igrave;n nh&#7853;n n&agrave;y l&agrave; ch&iacute;nh x&aacute;c, th&igrave; th&#7883; tr&#432;&#7901;ng &#273;ang &#273;&aacute;nh gi&aacute; th&#7845;p t&#7847;m quan tr&#7885;ng chi&#7871;n l&#432;&#7907;c c&#7911;a &#273;&#7891;ng &#273;&ocirc; la k&#7929; thu&#7853;t s&#7889; &#273;&#432;&#7907;c qu&#7843;n l&yacute; ch&#7863;t ch&#7869; trong thanh to&aacute;n, qu&#7843;n l&yacute; kho qu&#7929;, <a href="https://vn.beincrypto.com/circle-stablefx-instant-fx-settlement/" target="_blank" rel="noreferrer noopener">ngo&#7841;i h&#7889;i</a> v&agrave; th&#7883; tr&#432;&#7901;ng v&#7889;n.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-regulatory-clarity-fuels-usdc-s-rise-as-markets-miss-the-signal">S&#7921; r&otilde; r&agrave;ng v&#7873; quy &#273;&#7883;nh th&uacute;c &#273;&#7849;y USDC t&#259;ng tr&#432;&#7903;ng khi th&#7883; tr&#432;&#7901;ng b&#7887; l&#7905; t&iacute;n hi&#7879;u</h2>

B&#7843;n th&acirc;n Circle c&#361;ng &#273;&atilde; nh&#7845;n m&#7841;nh &#273;i&#7873;u n&agrave;y, khi cho bi&#7871;t stablecoin hi&#7879;n &#273;ang &#273;&#432;&#7907;c s&#7917; d&#7909;ng r&#7897;ng r&atilde;i to&agrave;n c&#7847;u nh&#7901; s&#7921; h&#7897;i t&#7909; c&#7911;a y&#7871;u t&#7889; ph&aacute;p l&yacute; r&otilde; r&agrave;ng, t&#7893; ch&#7913;c l&#7899;n tham gia v&agrave; c&ocirc;ng ngh&#7879; on-chain ng&agrave;y c&agrave;ng ho&agrave;n thi&#7879;n.
S&#7921; ch&ecirc;nh l&#7879;ch gi&#7919;a m&#7913;c &#273;&#7897; s&#7917; d&#7909;ng v&agrave; &#273;&#7883;nh gi&aacute; c&#361;ng ph&#7847;n n&agrave;o ph&#7843;n &aacute;nh quy lu&#7853;t chung c&#7911;a th&#7883; tr&#432;&#7901;ng crypto. Theo c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch, n&#7871;u l&#7845;y m&#7913;c 10 ngh&igrave;n t&#7927; USD kh&#7889;i l&#432;&#7907;ng stablecoin trong th&aacute;ng 01 nh&acirc;n l&ecirc;n c&#7843; n&#259;m th&igrave; con s&#7889; n&agrave;y l&ecirc;n t&#7899;i 120 ngh&igrave;n t&#7927; USD&mdash;g&#7845;p g&#7847;n 40 l&#7847;n t&#7893;ng v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng crypto hi&#7879;n &#7903; kho&#7843;ng 3 ngh&igrave;n t&#7927; USD.
X&eacute;t trong b&#7889;i c&#7843;nh &#273;&oacute;, stablecoin &#273;ang tr&#7903; th&agrave;nh s&#7843;n ph&#7849;m crypto th&agrave;nh c&ocirc;ng nh&#7845;t g&#7855;n li&#7873;n v&#7899;i th&#7921;c t&#7871;, d&ugrave; c&aacute;c t&agrave;i s&#7843;n li&ecirc;n quan l&#7841;i kh&aacute; ch&#7853;t v&#7853;t &#273;&#7875; ph&#7843;n &aacute;nh &#273;&uacute;ng s&#7913;c t&#259;ng tr&#432;&#7903;ng n&agrave;y.
B&ecirc;n c&#7841;nh &#273;&oacute;, v&#7845;n &#273;&#7873; ph&aacute;p l&yacute; c&#361;ng l&agrave; y&#7871;u t&#7889; gi&uacute;p ph&acirc;n bi&#7879;t Circle so v&#7899;i c&aacute;c stablecoin kh&aacute;c. USDC gi&#7919; v&#7919;ng v&#7883; th&#7871; d&#7851;n &#273;&#7847;u ph&#7847;n l&#7899;n nh&#7901; <a href="https://vn.beincrypto.com/clearbank-and-circle-bridge-banking-and-blockchain-in-europe/" target="_blank" rel="noreferrer noopener">chi&#7871;n l&#432;&#7907;c tu&acirc;n th&#7911; quy &#273;&#7883;nh ngay t&#7915; &#273;&#7847;u</a>, qua &#273;&oacute; gi&uacute;p USDC ghi &#273;i&#7875;m v&#7899;i c&aacute;c t&#7893; ch&#7913;c l&#7899;n trong b&#7889;i c&#7843;nh to&agrave;n c&#7847;u &#273;ang ng&agrave;y c&agrave;ng ki&#7875;m so&aacute;t ch&#7863;t c&aacute;c t&agrave;i s&#7843;n s&#7889;.
D&#7919; li&#7879;u Artemis cho th&#7845;y m&#7913;c s&#7917; d&#7909;ng stablecoin &#273;&atilde; t&#259;ng v&#7885;t t&#7915; kho&#7843;ng 1 ngh&igrave;n t&#7927; USD v&agrave;o &#273;&#7847;u n&#259;m 2023 &#273;&#7871;n c&aacute;c c&#7897;t m&#7889;c k&#7927; l&#7909;c ng&agrave;y nay, v&#7899;i USDC ng&agrave;y c&agrave;ng b&#7887; xa USDT &#7903; nhi&#7873;u ch&#7881; s&#7889; ho&#7841;t &#273;&#7897;ng.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/B77N5ehmtKkMTzgsi4aSwvovIM4=/smart/fbbc96a248044a848a4242a338dfc139" alt="C&aacute;c ch&#7881; s&#7889; so s&aacute;nh gi&#7919;a USDT v&agrave; USDC" class="wp-image-798709" style="width:972px;height:auto">C&aacute;c ch&#7881; s&#7889; so s&aacute;nh gi&#7919;a USDT v&agrave; USDC. Ngu&#7891;n: <a href="https://app.artemisanalytics.com/stablecoins" target="_blank" rel="noreferrer noopener nofollow">Artemis</a>

Song song &#273;&oacute;, thanh kho&#7843;n c&#361;ng ng&agrave;y c&agrave;ng d&#7891;i d&agrave;o. T&#7893;ng ngu&#7891;n cung stablecoin s&#7855;p ch&#7841;m m&#7913;c cao nh&#7845;t m&#7885;i th&#7901;i &#273;&#7841;i, g&#7847;n 310 t&#7927; USD, khi&#7871;n m&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch v&iacute; von th&#7883; tr&#432;&#7901;ng &#273;ang &ldquo;ng&#7891;i tr&ecirc;n &#273;&#7889;ng ti&#7873;n m&#7863;t&rdquo; h&#417;n 300 t&#7927; USD s&#7861;n s&agrave;ng ch&#7901; c&#417; h&#7897;i gi&#7843;i ng&acirc;n.
&#272;&acirc;y ch&iacute;nh l&agrave; ngu&#7891;n c&#7847;u ti&#7873;m &#7849;n &#273;ang ch&#7901; t&iacute;n hi&#7879;u v&#297; m&ocirc; r&otilde; r&agrave;ng h&#417;n v&agrave; m&ocirc;i tr&#432;&#7901;ng ph&aacute;p l&yacute; &#7893;n &#273;&#7883;nh h&#417;n.

USDC dẫn đầu đợt tăng trưởng 10 nghìn tỷ USD của stablecoin trong tháng 01/2024, nhưng cổ phiếu của Circle vẫn tiếp tục giảm

Th&aacute;ng 01/2026 &#273;&atilde; &#273;&aacute;nh d&#7845;u m&#7897;t c&#7897;t m&#7889;c quan tr&#7885;ng cho stablecoin, khi t&#7893;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch on-chain v&#432;&#7907;t m&#7889;c 10 ngh&igrave;n t&#7927; USD ch&#7881; trong m&#7897;t th&aacute;ng. USDC d&#7851;n &#273;&#7847;u l&agrave;n s&oacute;ng n&agrave;y, x&#7917; l&yacute; h&#417;n 8.4 ngh&igrave;n t&#7927; USD thanh to&aacute;n, b&#7887; xa c&aacute;c &#273;&#7889;i th&#7911; v&agrave; v&#432;&#7907;t qua t&#7893;ng kh&#7889;i l&#432;&#7907;ng thanh to&aacute;n h&agrave;ng th&aacute;ng c&#7911;a c&#7843; Visa l&#7851;n Mastercard c&#7897;ng l&#7841;i.
Tuy nhi&ecirc;n, d&ugrave; t&#259;ng tr&#432;&#7903;ng &#273;&#7897;t ph&aacute; nh&#432; v&#7853;y, Circle &ndash; &#273;&#417;n v&#7883; ph&aacute;t h&agrave;nh USDC &ndash; v&#7851;n &#273;ang ch&#7913;ng ki&#7871;n s&#7921; ch&ecirc;nh l&#7879;ch l&#7899;n gi&#7919;a th&#7921;c t&#7871; on-chain v&agrave; gi&aacute; tr&#7883; th&#7883; tr&#432;&#7901;ng c&#7911;a c&ocirc;ng ty.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-usdc-hits-8-4-trillion-in-january-transactions-as-circle-stock-slides-80">USDC &#273;&#7841;t 8,4 ngh&igrave;n t&#7927; USD giao d&#7883;ch trong th&aacute;ng 01/2024 khi c&#7893; phi&#7871;u Circle gi&#7843;m 80%</h2>

D&#7921;a theo d&#7919; li&#7879;u t&#7915; Artemis, c&aacute;c ho&#7841;t &#273;&#7897;ng stablecoin trong th&aacute;ng 01 l&agrave; d&#7845;u hi&#7879;u m&#7841;nh m&#7869; nh&#7845;t t&#7915; tr&#432;&#7899;c &#273;&#7871;n nay cho th&#7845;y &#273;&#7891;ng &#273;&ocirc; la k&#7929; thu&#7853;t s&#7889; &#273;ang v&#432;&#7907;t ra kh&#7887;i ph&#7841;m vi s&#7917; d&#7909;ng trong gi&#7899;i crypto v&agrave; d&#7847;n gia nh&#7853;p v&agrave;o h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh truy&#7873;n th&#7889;ng.
&Ocirc;ng Peter Schroeder, b&#7897; ph&#7853;n marketing c&#7911;a Circle, nh&#7845;n m&#7841;nh r&#7857;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch stablecoin trong th&aacute;ng 01 &#273;&atilde; v&#432;&#7907;t m&#7889;c 10 ngh&igrave;n t&#7927; USD ch&#7881; trong th&aacute;ng n&agrave;y, v&#7899;i USDC chi&#7871;m ph&#7847;n l&#7899;n (8.4 ngh&igrave;n t&#7927; USD).
&#272;&#7875; so s&aacute;nh, Visa v&agrave; Mastercard c&#7897;ng l&#7841;i th&#432;&#7901;ng ch&#7881; x&#7917; l&yacute; kho&#7843;ng 2 ngh&igrave;n t&#7927; USD thanh to&aacute;n m&#7895;i th&aacute;ng. Tuy nhi&ecirc;n, nh&agrave; &#273;&#7847;u t&#432; d&#432;&#7901;ng nh&#432; ch&#432;a m&#7845;y tin t&#432;&#7903;ng. Gi&aacute; c&#7893; phi&#7871;u Circle &#273;&atilde; gi&#7843;m kho&#7843;ng 80% so v&#7899;i &#273;&#7881;nh ch&#7881; m&#7899;i b&#7843;y th&aacute;ng tr&#432;&#7899;c, d&#7851;n t&#7899;i nh&#7919;ng cu&#7897;c tranh lu&#7853;n gay g&#7855;t gi&#7919;a c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch c&ugrave;ng nh&#7919;ng ng&#432;&#7901;i tham gia th&#7883; tr&#432;&#7901;ng.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/86GXcEkeBXG_LXbgxZXXxy60wvc=/smart/463aa60303c24a61b01b5b7dad17fcea" alt="Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u Circle (CRCL)." class="wp-image-798705">Hi&#7879;u su&#7845;t c&#7893; phi&#7871;u Circle (CRCL). Ngu&#7891;n: <a href="https://www.tradingview.com/x/Bb4JDwi0/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>

Gi&aacute;m &#273;&#7889;c qu&#7929; &#273;&#7847;u t&#432; Dan Tapiero ch&#7881; ra r&#7857;ng, d&ugrave; stablecoin ghi nh&#7853;n t&#7893;ng kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch 33 ngh&igrave;n t&#7927; USD trong n&#259;m 2025 v&agrave; 10 ngh&igrave;n t&#7927; USD ch&#7881; trong th&aacute;ng 01, nh&#432;ng c&#7893; phi&#7871;u Circle v&#7851;n b&#7883; th&#7883; tr&#432;&#7901;ng &#273;&#7883;nh gi&aacute; theo h&#432;&#7899;ng th&#7845;t b&#7841;i thay v&igrave; t&#259;ng tr&#432;&#7903;ng m&#7841;nh m&#7869;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;USDC chi&#7871;m 8 ngh&igrave;n t&#7927; USD&hellip; ch&#7881; trong m&#7897;t th&aacute;ng,&rdquo; &ocirc;ng Tapiero <a href="https://x.com/DTAPCAP/status/2018555798306144271?s=20" target="_blank" rel="noreferrer noopener nofollow">chia s&#7867;</a> v&agrave; cho r&#7857;ng t&#7893;ng th&#7883; tr&#432;&#7901;ng ti&#7873;m n&#259;ng (TAM) c&#7911;a stablecoin c&oacute; th&#7875; v&#432;&#7907;t m&#7913;c 1,000 ngh&igrave;n t&#7927; USD trong t&#432;&#417;ng lai.
</blockquote>

Nhi&#7873;u ng&#432;&#7901;i kh&aacute;c c&#361;ng &#273;&#7891;ng t&igrave;nh r&#7857;ng th&#7883; tr&#432;&#7901;ng &#273;ang &#273;&aacute;nh gi&aacute; sai vai tr&ograve; c&#7911;a Circle, b&#7903;i nh&agrave; &#273;&#7847;u t&#432; v&#7851;n xem Circle gi&#7889;ng nh&#432; m&#7897;t c&ocirc;ng ty fintech thay v&igrave; l&agrave; m&#7897;t ph&#7847;n h&#7841; t&#7847;ng t&agrave;i ch&iacute;nh c&#7889;t l&otilde;i.
N&#7871;u c&aacute;ch nh&igrave;n nh&#7853;n n&agrave;y l&agrave; ch&iacute;nh x&aacute;c, th&igrave; th&#7883; tr&#432;&#7901;ng &#273;ang &#273;&aacute;nh gi&aacute; th&#7845;p t&#7847;m quan tr&#7885;ng chi&#7871;n l&#432;&#7907;c c&#7911;a &#273;&#7891;ng &#273;&ocirc; la k&#7929; thu&#7853;t s&#7889; &#273;&#432;&#7907;c qu&#7843;n l&yacute; ch&#7863;t ch&#7869; trong thanh to&aacute;n, qu&#7843;n l&yacute; kho qu&#7929;, <a href="https://vn.beincrypto.com/circle-stablefx-instant-fx-settlement/" target="_blank" rel="noreferrer noopener">ngo&#7841;i h&#7889;i</a> v&agrave; th&#7883; tr&#432;&#7901;ng v&#7889;n.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-regulatory-clarity-fuels-usdc-s-rise-as-markets-miss-the-signal">S&#7921; r&otilde; r&agrave;ng v&#7873; quy &#273;&#7883;nh th&uacute;c &#273;&#7849;y USDC t&#259;ng tr&#432;&#7903;ng khi th&#7883; tr&#432;&#7901;ng b&#7887; l&#7905; t&iacute;n hi&#7879;u</h2>

B&#7843;n th&acirc;n Circle c&#361;ng &#273;&atilde; nh&#7845;n m&#7841;nh &#273;i&#7873;u n&agrave;y, khi cho bi&#7871;t stablecoin hi&#7879;n &#273;ang &#273;&#432;&#7907;c s&#7917; d&#7909;ng r&#7897;ng r&atilde;i to&agrave;n c&#7847;u nh&#7901; s&#7921; h&#7897;i t&#7909; c&#7911;a y&#7871;u t&#7889; ph&aacute;p l&yacute; r&otilde; r&agrave;ng, t&#7893; ch&#7913;c l&#7899;n tham gia v&agrave; c&ocirc;ng ngh&#7879; on-chain ng&agrave;y c&agrave;ng ho&agrave;n thi&#7879;n.
S&#7921; ch&ecirc;nh l&#7879;ch gi&#7919;a m&#7913;c &#273;&#7897; s&#7917; d&#7909;ng v&agrave; &#273;&#7883;nh gi&aacute; c&#361;ng ph&#7847;n n&agrave;o ph&#7843;n &aacute;nh quy lu&#7853;t chung c&#7911;a th&#7883; tr&#432;&#7901;ng crypto. Theo c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch, n&#7871;u l&#7845;y m&#7913;c 10 ngh&igrave;n t&#7927; USD kh&#7889;i l&#432;&#7907;ng stablecoin trong th&aacute;ng 01 nh&acirc;n l&ecirc;n c&#7843; n&#259;m th&igrave; con s&#7889; n&agrave;y l&ecirc;n t&#7899;i 120 ngh&igrave;n t&#7927; USD&mdash;g&#7845;p g&#7847;n 40 l&#7847;n t&#7893;ng v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng crypto hi&#7879;n &#7903; kho&#7843;ng 3 ngh&igrave;n t&#7927; USD.
X&eacute;t trong b&#7889;i c&#7843;nh &#273;&oacute;, stablecoin &#273;ang tr&#7903; th&agrave;nh s&#7843;n ph&#7849;m crypto th&agrave;nh c&ocirc;ng nh&#7845;t g&#7855;n li&#7873;n v&#7899;i th&#7921;c t&#7871;, d&ugrave; c&aacute;c t&agrave;i s&#7843;n li&ecirc;n quan l&#7841;i kh&aacute; ch&#7853;t v&#7853;t &#273;&#7875; ph&#7843;n &aacute;nh &#273;&uacute;ng s&#7913;c t&#259;ng tr&#432;&#7903;ng n&agrave;y.
B&ecirc;n c&#7841;nh &#273;&oacute;, v&#7845;n &#273;&#7873; ph&aacute;p l&yacute; c&#361;ng l&agrave; y&#7871;u t&#7889; gi&uacute;p ph&acirc;n bi&#7879;t Circle so v&#7899;i c&aacute;c stablecoin kh&aacute;c. USDC gi&#7919; v&#7919;ng v&#7883; th&#7871; d&#7851;n &#273;&#7847;u ph&#7847;n l&#7899;n nh&#7901; <a href="https://vn.beincrypto.com/clearbank-and-circle-bridge-banking-and-blockchain-in-europe/" target="_blank" rel="noreferrer noopener">chi&#7871;n l&#432;&#7907;c tu&acirc;n th&#7911; quy &#273;&#7883;nh ngay t&#7915; &#273;&#7847;u</a>, qua &#273;&oacute; gi&uacute;p USDC ghi &#273;i&#7875;m v&#7899;i c&aacute;c t&#7893; ch&#7913;c l&#7899;n trong b&#7889;i c&#7843;nh to&agrave;n c&#7847;u &#273;ang ng&agrave;y c&agrave;ng ki&#7875;m so&aacute;t ch&#7863;t c&aacute;c t&agrave;i s&#7843;n s&#7889;.
D&#7919; li&#7879;u Artemis cho th&#7845;y m&#7913;c s&#7917; d&#7909;ng stablecoin &#273;&atilde; t&#259;ng v&#7885;t t&#7915; kho&#7843;ng 1 ngh&igrave;n t&#7927; USD v&agrave;o &#273;&#7847;u n&#259;m 2023 &#273;&#7871;n c&aacute;c c&#7897;t m&#7889;c k&#7927; l&#7909;c ng&agrave;y nay, v&#7899;i USDC ng&agrave;y c&agrave;ng b&#7887; xa USDT &#7903; nhi&#7873;u ch&#7881; s&#7889; ho&#7841;t &#273;&#7897;ng.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/B77N5ehmtKkMTzgsi4aSwvovIM4=/smart/fbbc96a248044a848a4242a338dfc139" alt="C&aacute;c ch&#7881; s&#7889; so s&aacute;nh gi&#7919;a USDT v&agrave; USDC" class="wp-image-798709" style="width:972px;height:auto">C&aacute;c ch&#7881; s&#7889; so s&aacute;nh gi&#7919;a USDT v&agrave; USDC. Ngu&#7891;n: <a href="https://app.artemisanalytics.com/stablecoins" target="_blank" rel="noreferrer noopener nofollow">Artemis</a>

Song song &#273;&oacute;, thanh kho&#7843;n c&#361;ng ng&agrave;y c&agrave;ng d&#7891;i d&agrave;o. T&#7893;ng ngu&#7891;n cung stablecoin s&#7855;p ch&#7841;m m&#7913;c cao nh&#7845;t m&#7885;i th&#7901;i &#273;&#7841;i, g&#7847;n 310 t&#7927; USD, khi&#7871;n m&#7897;t s&#7889; nh&agrave; ph&acirc;n t&iacute;ch v&iacute; von th&#7883; tr&#432;&#7901;ng &#273;ang &ldquo;ng&#7891;i tr&ecirc;n &#273;&#7889;ng ti&#7873;n m&#7863;t&rdquo; h&#417;n 300 t&#7927; USD s&#7861;n s&agrave;ng ch&#7901; c&#417; h&#7897;i gi&#7843;i ng&acirc;n.
&#272;&acirc;y ch&iacute;nh l&agrave; ngu&#7891;n c&#7847;u ti&#7873;m &#7849;n &#273;ang ch&#7901; t&iacute;n hi&#7879;u v&#297; m&ocirc; r&otilde; r&agrave;ng h&#417;n v&agrave; m&ocirc;i tr&#432;&#7901;ng ph&aacute;p l&yacute; &#7893;n &#273;&#7883;nh h&#417;n.