[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-4-banks-building-2027-stablecoin-rival-zh":3,"article-related-4-banks-building-2027-stablecoin-rival-zh":32,"series-blockchain-0677980a-c22e-451c-b638-fe4ec811a88f":76},{"id":4,"slug":5,"title":6,"content":7,"summary":8,"source":9,"source_url":10,"author":11,"image_url":12,"cover_image":12,"category":13,"language":14,"translated_content":11,"related_article_id":15,"keywords":16,"key_takeaways":25,"views":29,"created_at":30,"published_at":31,"topic_cluster_id":11},"0677980a-c22e-451c-b638-fe4ec811a88f","4-banks-building-2027-stablecoin-rival-zh","4 家銀行押注 2027 存款代幣競爭","\u003Cp>四家美國大銀行真的會在 2027 年做出一個能對打\u003Ca href=\"\u002Fnews\u002Fstablecoin-rules-digital-dollars-work-zh\">穩定幣\u003C\u002Fa>的共享存款代幣網路嗎？\u003C\u002Fp>\u003Cp data-speakable=\"summary\">四家美國銀行正打造共享存款代幣網路，目標是在受監管銀行體系內做到接近\u003Ca href=\"\u002Fnews\u002Fstablecoins-hit-308b-as-svbs-shock-echoes-zh\">穩定幣\u003C\u002Fa>的支付\u003Ca href=\"\u002Fnews\u002Frust-compiler-speed-wins-july-2026-zh\">速度\u003C\u002Fa>。\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>項目\u003C\u002Fth>\u003Cth>規格 A\u003C\u002Fth>\u003Cth>規格 B\u003C\u002Fth>\u003Cth>規格 C\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>The Clearing House 網路\u003C\u002Ftd>\u003Ctd>預計 2027 上半年\u003C\u002Ftd>\u003Ctd>全天候結算\u003C\u002Ftd>\u003Ctd>先服務跨國企業\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>JPMorgan Kinexys\u003C\u002Ftd>\u003Ctd>日均逾 70 億美元\u003C\u002Ftd>\u003Ctd>累計逾 40 兆美元\u003C\u002Ftd>\u003Ctd>僅限 JPMorgan 內部網路\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Citi Token Services\u003C\u002Ftd>\u003Ctd>覆蓋美、英、新、港\u003C\u002Ftd>\u003Ctd>已移動數十億美元\u003C\u002Ftd>\u003Ctd>跨銀行互通仍是缺口\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>穩定幣\u003C\u002Ftd>\u003Ctd>流通量約 2630 億美元\u003C\u002Ftd>\u003Ctd>24 小時轉帳\u003C\u002Ftd>\u003Ctd>鏈上可程式化支付\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch2>1. The Clearing House 網路先把銀行接成一條線\u003C\u002Fh2>\u003Cp>這個計畫的核心，是由\u003Ca href=\"https:\u002F\u002Fwww.theclearinghouse.org\u002F\">The Clearing House\u003C\u002Fa>主導的共享存款代幣網路。它的設計不是把錢搬出銀行體系，而是讓銀行能全天候清算與結算代幣化存款。\u003C\u002Fp>\n\u003Cfigure class=\"my-6\">\u003Cimg src=\"https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785589367155-6jzs.png\" alt=\"4 家銀行押注 2027 存款代幣競爭\" class=\"rounded-xl w-full\" loading=\"lazy\" \u002F>\u003C\u002Ffigure>\n\u003Cp>這點很關鍵，因為存款代幣本質上仍是銀行帳上的現金請求權，不是獨立的加密資產。它想做的是把\u003Ca href=\"\u002Ftag\u002F區塊鏈\">區塊鏈\u003C\u002Fa>式支付流程，接到既有銀行支付軌道上。\u003C\u002Fp>\u003Cul>\u003Cli>預計上線：2027 年上半年\u003C\u002Fli>\u003Cli>首批使用者：跨國企業\u003C\u002Fli>\u003Cli>主要賣點：24\u002F7 結算與銀行級託管\u003C\u002Fli>\u003C\u002Ful>\u003Ch2>2. JPMorgan Kinexys 已證明銀行內部能跑很快\u003C\u002Fh2>\u003Cp>\u003Ca href=\"https:\u002F\u002Fwww.jpmorganchase.com\u002F\">JPMorgan\u003C\u002Fa> 的 Kinexys 是目前最成熟的銀行區塊鏈支付業務之一，日均處理超過 70 億美元，自推出以來累計處理金額已超過 40 兆美元。\u003C\u002Fp>\u003Cp>它的重要性在於，這說明銀行內部做代幣化支付並不難；真正的難題，是讓代幣在不同銀行之間流動，而不只是在單一機構內部轉帳。\u003C\u002Fp>\u003Cul>\u003Cli>日均交易量：超過 70 億美元\u003C\u002Fli>\u003Cli>累計處理：超過 40 兆美元\u003C\u002Fli>\u003Cli>目前範圍：JPMorgan 自家支付軌道\u003C\u002Fli>\u003C\u002Ful>\u003Ch2>3. Citi Token Services 把問題推到跨機構互通\u003C\u002Fh2>\u003Cp>\u003Ca href=\"https:\u002F\u002Fwww.citigroup.com\u002F\">Citigroup\u003C\u002Fa> 的 Citi \u003Ca href=\"\u002Ftag\u002Ftoken\">Token\u003C\u002Fa> Services 已在美國、英國、新加坡與香港運作，並且已經移動了數十億美元。這表示 Citi 不是從零開始，而是直接把既有能力往更大的互通場景推進。\u003C\u002Fp>\n\u003Cfigure class=\"my-6\">\u003Cimg src=\"https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785589362395-ib5e.png\" alt=\"4 家銀行押注 2027 存款代幣競爭\" class=\"rounded-xl w-full\" loading=\"lazy\" \u002F>\u003C\u002Ffigure>\n\u003Cp>但它現有模式仍是銀行各做各的。共享存款代幣網路若真能成形，價值就在於讓不同銀行的代幣能互通，這比證明單一銀行能跑更有挑戰。\u003C\u002Fp>\u003Cul>\u003Cli>運作市場：美國、英國、新加坡、香港\u003C\u002Fli>\u003Cli>已移動金額：數十億美元\u003C\u002Fli>\u003Cli>目前缺口：跨銀行互操作性\u003C\u002Fli>\u003C\u002Ful>\u003Ch2>4. 穩定幣是銀行最直接的對手\u003C\u002Fh2>\u003Cp>\u003Ca href=\"\u002Ftag\u002F穩定幣\">穩定幣\u003C\u002Fa>之所以是這個專案的基準，是因為它們已經提供 24 小時轉帳、可程式化結算，以及廣泛的鏈上可用性。現在流通中的穩定幣約有 2630 億美元，市場規模已經夠大。\u003C\u002Fp>\u003Cp>銀行想做的，是把這些支付功能搬回受監管體系內。對企業財務主管來說，理想版本是：有鏈上速度，但資金仍留在銀行資產負債表上，法律屬性也維持一般存款。\u003C\u002Fp>\u003Cul>\u003Cli>流通量：約 2630 億美元\u003C\u002Fli>\u003Cli>銀行想複製的能力：速度、可程式化、可接入性\u003C\u002Fli>\u003Cli>核心差異：資金留在受監管銀行內\u003C\u002Fli>\u003C\u002Ful>\u003Ch2>5. CLARITY Act 讓這場競賽更像政策戰\u003C\u002Fh2>\u003Cp>\u003Ca href=\"https:\u002F\u002Fwww.congress.gov\u002F\">CLARITY Act\u003C\u002Fa> 的爭議，讓這場競爭不只是技術問題。銀行團體希望收緊穩定幣獎勵規則，理由是加密平台可能用類似利息的誘因，把存款吸走。\u003C\u002Fp>\u003Cp>這也是銀行加快推動自家代幣化存款網路的原因之一。如果穩定幣持續擴張，而監管又沒有把獎勵規則管緊，銀行就需要一個同樣好用、但不把資金帶離銀行體系的替代方案。\u003C\u002Fp>\u003Cul>\u003Cli>支持更嚴規則的團體：ABA、ICBA、76 個州級協會\u003C\u002Fli>\u003Cli>主要爭點：類似存款利息的獎勵\u003C\u002Fli>\u003Cli>政治風險：法案可能改變競爭平衡\u003C\u002Fli>\u003C\u002Ful>\u003Ch2>哪種適合你\u003C\u002Fh2>\u003Cp>如果你關心企業支付、財務結算或跨境資金流，The Clearing House 的共享存款代幣網路最值得追。它不是在講概念，而是在對準真實商業場景。\u003C\u002Fp>\u003Cp>如果你要看今天誰已經有規模，穩定幣仍然領先；如果你在銀行、支付或合規團隊，真正要盯的是互通性。2027 年會不會成為轉折點，取決於銀行能不能把「內部很快」變成「彼此也很快」。\u003C\u002Fp>","4 家美國銀行正規劃 2027 年共享存款代幣網路，目標是在受監管銀行體系內，做出接近穩定幣的支付速度。","crypto.news","https:\u002F\u002Fcrypto.news\u002Fjpmorgan-us-banks-stablecoins-shared-deposit-tokens\u002F",null,"https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785589367155-6jzs.png","blockchain","zh","bfd1f12e-cee4-4892-b0ad-8a20195e3b64",[17,18,19,20,21,22,23,24],"穩定幣","存款代幣","JPMorgan","Citigroup","The Clearing House","CLARITY Act","銀行支付","區塊鏈支付",[26,27,28],"共享存款代幣的目標，是在銀行體系內做出接近穩定幣的支付體驗。","JPMorgan 和 Citi 已有區塊鏈支付基礎，但跨銀行互通才是新挑戰。","2027 年上半年若順利上線，企業支付與財務結算可能先受影響。",1,"2026-08-01T13:02:20.725197+00:00","2026-08-01T13:02:20.701+00:00",{"tags":33,"relatedLang":35,"relatedPosts":39},[34],{"name":17,"slug":17},{"id":15,"slug":36,"title":37,"language":38},"four-banks-building-2027-stablecoin-rival-en","Four banks are building a 2027 stablecoin rival","en",[40,46,52,58,64,70],{"id":41,"slug":42,"title":43,"cover_image":44,"image_url":44,"created_at":45,"category":13},"10f5cb95-b8ac-4f49-bdf0-05c5febd33d7","stablecoin-rules-digital-dollars-work-zh","5 條穩定幣規則，先看懂再決定要不要用","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785587565079-dq0h.png","2026-08-01T12:32:22.628473+00:00",{"id":47,"slug":48,"title":49,"cover_image":50,"image_url":50,"created_at":51,"category":13},"3f2d77cd-205a-4e6e-9a93-3ac63d95ab03","solana-institutional-push-gets-louder-zh","Solana 正在被主流金融接住","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785418389693-411d.png","2026-07-30T13:32:39.437872+00:00",{"id":53,"slug":54,"title":55,"cover_image":56,"image_url":56,"created_at":57,"category":13},"0c0017fb-5a45-4afd-a6ad-8e84a8189eff","layer-2-is-ethereums-real-product-not-detour-zh","Layer 2 才是以太坊的真產品，不是旁支","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785141170748-8dov.png","2026-07-27T08:32:19.685992+00:00",{"id":59,"slug":60,"title":61,"cover_image":62,"image_url":62,"created_at":63,"category":13},"45d59dcf-376f-4e8e-ab42-b7b1209c56d8","ethereum-price-network-demand-not-speculation-zh","以太坊價格應被視為網路需求，不只是投機","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785115966207-58wp.png","2026-07-27T01:32:19.872998+00:00",{"id":65,"slug":66,"title":67,"cover_image":68,"image_url":68,"created_at":69,"category":13},"56f1ae00-bd94-40e9-87a7-245c577dc241","ethereum-shakeup-turns-eth-into-cleaner-bet-zh","Ethereum 重整後 ETH 更好懂","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1785114193949-0ebv.png","2026-07-27T01:02:46.89342+00:00",{"id":71,"slug":72,"title":73,"cover_image":74,"image_url":74,"created_at":75,"category":13},"4310ad92-509b-4a0b-a3d9-505804449291","bitcoin-price-page-market-view-zh","比特幣價格頁一眼看懂市場","https:\u002F\u002Fxxdpdyhzhpamafnrdkyq.supabase.co\u002Fstorage\u002Fv1\u002Fobject\u002Fpublic\u002Fcovers\u002Finline-1784939566390-rew0.png","2026-07-25T00:32:19.123343+00:00",[77,82,87,92,97,102,107,112,117,122],{"id":78,"slug":79,"title":80,"created_at":81},"e1b4b518-f86b-410c-8c82-8cfb787ff2ef","moonpay-open-wallet-standard-ai-payments-zh","MoonPay 推 OWS，瞄準 AI 付款","2026-03-28T03:08:33.379969+00:00",{"id":83,"slug":84,"title":85,"created_at":86},"e72bae29-ddbd-437b-aaa4-cd662605394b","next-gen-crypto-simulators-ai-web3-training-zh","新一代加密模擬器更聰明了","2026-04-01T09:36:33.917023+00:00",{"id":88,"slug":89,"title":90,"created_at":91},"b8e39b58-6b9d-4714-92d3-26df18a3e0f4","rtk-cuts-claude-code-token-spend-zh","RTK 讓 Claude Code 少燒 Token","2026-04-01T10:24:29.259497+00:00",{"id":93,"slug":94,"title":95,"created_at":96},"7ff10146-4ca0-4670-a02c-384dde04f610","trm-labs-ai-agents-crypto-investigations-zh","TRM Labs 將 AI agent 帶進加密調查","2026-04-01T10:33:30.166266+00:00",{"id":98,"slug":99,"title":100,"created_at":101},"00668dea-9f0e-4019-b861-03817d5a8877","how-web3-marketing-changed-in-2026-zh","2026 Web3 行銷怎麼變了","2026-04-02T01:36:34.973322+00:00",{"id":103,"slug":104,"title":105,"created_at":106},"e7992274-42ee-40bc-bb05-97250098c56c","ai-agentic-defi-web3-grants-march-2026-zh","AI、Agentic DeFi 與 Web3 補助案","2026-04-02T05:51:36.857954+00:00",{"id":108,"slug":109,"title":110,"created_at":111},"5cef810b-af3d-467a-8b41-627769eca895","why-crypto-is-fixated-on-ai-agents-zh","為何加密圈盯上 AI Agent","2026-04-02T05:54:28.919864+00:00",{"id":113,"slug":114,"title":115,"created_at":116},"d30e6203-d522-41a1-b529-fcf4499cd985","web3-explained-what-it-is-why-it-matters-zh","Web3 是什麼，為何重要","2026-04-02T06:15:32.580114+00:00",{"id":118,"slug":119,"title":120,"created_at":121},"f29e65ae-64df-463b-ba22-afd9dcbd0f8f","trust-wallet-agent-kit-ai-trade-25-chains-zh","Trust Wallet 讓 AI 幫你交易","2026-04-02T06:27:33.183404+00:00",{"id":123,"slug":124,"title":125,"created_at":126},"91022b4c-b53e-4c18-abfe-914a8eca6e28","blockchain-in-ai-real-use-cases-zh","區塊鏈加 AI，真實落地在哪裡","2026-04-02T06:30:44.026286+00:00"]