{"id":2927,"date":"2023-03-06T07:34:17","date_gmt":"2023-03-06T07:34:17","guid":{"rendered":"https:\/\/coinkickoff.com\/?p=2927"},"modified":"2026-01-08T14:12:13","modified_gmt":"2026-01-08T14:12:13","slug":"tether-vs-frax","status":"publish","type":"post","link":"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/","title":{"rendered":"Tether (USDT) vs FRAX"},"content":{"rendered":"<h1><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2847 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd.jpg\" alt=\"Tether (USDT) vs frax\" width=\"1000\" height=\"563\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd.jpg 1000w, https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd-300x169.jpg 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd-768x432.jpg 768w, https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd-18x10.jpg 18w, https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd-600x338.jpg 600w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/h1>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/coinkickoff.com\/ro\/tether-usdt\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"Ce este Tether (USDT)? Cum func\u021bioneaz\u0103 \u0219i de unde se poate cump\u0103ra?\">Tether<\/a>'s USDT \u0219i <a href=\"https:\/\/coinkickoff.com\/ro\/frax-crypto-frax\/\" data-internallinksmanager029f6b8e52c=\"51\" title=\"Ce este Frax Crypto (FRAX)? Cum func\u021bioneaz\u0103 \u0219i de unde s\u0103 o cump\u0103ra\u021bi?\">Frax<\/a> FRAX de la Finan\u021be sunt at\u00e2t <\/span><b>stabilcoins, astfel \u00eenc\u00e2t acestea ar trebui s\u0103 valoreze \u00eentotdeauna 1 USD<\/b><span style=\"font-weight: 400;\">. Dar aceste stabilecoins folosesc metode foarte diferite pentru a-\u0219i asigura stabilitatea pre\u021burilor.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen aceast\u0103 revizuire Tether vs FRAX, vom discuta riscurile \u0219i beneficiile asociate cu fiecare coin \u0219i vom explica cum se compar\u0103.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Sec\u021biuni<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Comuta\u021bi tabelul de con\u021binut\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#The_History_of_Tether_USDT_and_Frax_Finance_FRAX\" >Istoria Tether (USDT) \u0219i Frax Finance (FRAX)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#How_Do_Tether_and_FRAX_Work\" >Cum func\u021bioneaz\u0103 Tether \u0219i FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#What_Are_the_Main_Use_Cases_of_USDT_and_FRAX\" >Care sunt principalele cazuri de utilizare a USDT \u0219i FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#USDT_vs_FRAX_Price_History\" >USDT vs FRAX Istoric pre\u021b<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#USDT_Price_History\" >USDT Istoric pre\u021b<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#FRAX_Price_History\" >FRAX Istoric pre\u021b FRAX<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Tether_vs_FRAX_Market_Cap\" >Tether vs FRAX Capitalizare bursier\u0103<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#USDT_Market_Cap\" >USDT Cap de pia\u021b\u0103<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#FRAX_Market_Cap\" >CAP de pia\u021b\u0103 FRAX<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Main_Similarities_Between_Tether_and_FRAX\" >Principalele asem\u0103n\u0103ri \u00eentre Tether \u0219i FRAX<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#DeFi_Staking\" >DeFi Staking\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Centralized_Governance\" >Guvernan\u021b\u0103 centralizat\u0103\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Main_Differences_Between_Tether_and_FRAX\" >Principalele diferen\u021be \u00eentre Tether \u0219i FRAX<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Pegging_Mechanism\" >Mecanismul de ancorare<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#State_of_Reserves\" >Situa\u021bia rezervelor<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Market_Capitalization\" >Capitalizarea pie\u021bei<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Risks_Associated_With_Tether_and_FRAX\" >Riscuri asociate cu Tether \u0219i FRAX\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Risk_of_Losing_Their_Peg\" >Riscul de a-\u0219i pierde Peg-ul<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Legal_and_Financial_Risks\" >Riscuri juridice \u0219i financiare<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Where_Can_You_Buy_USDT_and_FRAX\" >De unde pute\u021bi cump\u0103ra USDT \u0219i FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#How_Can_You_Exchange_USDT_for_FRAX\" >Cum pute\u021bi schimba USDT cu FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/coinkickoff.com\/ro\/tether-vs-frax\/#Future_Plans_for_Tether_and_FRAX\" >Planuri de viitor pentru Tether \u0219i FRAX<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The_History_of_Tether_USDT_and_Frax_Finance_FRAX\"><\/span><span style=\"font-weight: 400;\">Istoria Tether (USDT) \u0219i Frax Finance (FRAX)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>USDT este primulcoin stabil din lume. Este emis de Tether Holdings Ltd. din 2014 \u0219i domin\u0103 pia\u021ba datorit\u0103 capitaliz\u0103rii sale de pia\u021b\u0103 uria\u0219e.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">USDT a permis Tether \u0219i <a href=\"https:\/\/coinkickoff.com\/ro\/bitfinex-review\/\" data-internallinksmanager029f6b8e52c=\"151\" title=\"Bitfinex Recenzii 2023: Taxe, caracteristici, siguran\u021b\u0103, pro \u0219i contra\">Bitfinex<\/a>, <\/span><a href=\"https:\/\/www.icij.org\/investigations\/paradise-papers\/paradise-papers-connection-sparks-massive-bitcoin-lawsuit\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">bursa de criptomonede sor\u0103 a Tether,<\/span><\/a><span style=\"font-weight: 400;\"> pentru a conecta pie\u021bele monetare \u0219i institu\u021biile financiare tradi\u021bionale cu ecosistemul criptografic.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Exper\u021bi <\/span><a href=\"https:\/\/www.cnbc.com\/2019\/11\/04\/study-single-anonymous-market-manipulator-pushed-bitcoin-to-20000.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">suspectul USDT a fost folosit pentru a cre\u0219te pre\u021burile BTC<\/span><\/a><span style=\"font-weight: 400;\">, at\u00e2t de mult \u00eenc\u00e2t celebrul activ a f\u0103cut mai multe salturi astronomice de pre\u021b \u00eentre 2017-2018. De fapt, exper\u021bii cred c\u0103 <\/span><a href=\"https:\/\/fortune.com\/2023\/02\/02\/bitcoin-manipulation-price-outlook\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">s-ar putea s\u0103 se \u00eent\u00e2mple \u0219i \u00een 2023<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tether \u0219i Bitfinex a pl\u0103tit <\/span><a href=\"https:\/\/www.reuters.com\/technology\/tether-bitfinex-agree-pay-425-mln-fines-settle-us-cftc-charges-2021-10-15\/,\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">amenzi de 60 de milioane de euro c\u0103tre CFTC \u0219i statul New York<\/span><\/a><span style=\"font-weight: 400;\"> dup\u0103 ce o investiga\u021bie a dezv\u0103luit c\u0103 Tether \u0219i-a \u00eemprumutat rezervele c\u0103tre Bitfinex pentru a proteja compania de faliment, l\u0103s\u00e2nd Tether f\u0103r\u0103 niciun fel de acoperire.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Frax este primul algoritmic frac\u021bionat stabilcoin \u0219i a fost lansat de Sam Kazemian, Travis Moore \u0219i Jason Huan la sf\u00e2r\u0219itul anului 2020 pe <a href=\"https:\/\/coinkickoff.com\/ro\/ethereum-eth\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Ce este Ethereum (ETH)? Pre\u021b, istoric \u0219i unde se poate cump\u0103ra\">Ethereum<\/a> mainnet. Frax este cunoscut pentru sistemul s\u0103u de rezerve frac\u021bionare (sus\u021binut par\u021bial de algoritm \u0219i par\u021bial de rezerve).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen timp ce Frax a devenit al cincilea cel mai mare stabilcoin la scurt timp dup\u0103 lansare, nu \u0219i-a putut proteja popularitatea \u00eempotriva unor proiecte mai cunoscute precum <a href=\"https:\/\/coinkickoff.com\/ro\/pax-dollar-usdp\/\" data-internallinksmanager029f6b8e52c=\"97\" title=\"Ce este Pax Dollar (USDP)? Cum func\u021bioneaz\u0103 \u0219i de unde s\u0103 o cump\u0103ra\u021bi?\">Pax Dollar<\/a>, Gemini Dollar, \u0219i <a href=\"https:\/\/coinkickoff.com\/ro\/dai-dai\/\" data-internallinksmanager029f6b8e52c=\"20\" title=\"Ce este Dai (DAI)? Cum func\u021bioneaz\u0103 \u0219i de unde \u00eel pute\u021bi cump\u0103ra?\">Dai<\/a> \u0219i a r\u0103mas rapid \u00een urm\u0103 \u00een ceea ce prive\u0219te cota de pia\u021b\u0103. <a href=\"https:\/\/coinkickoff.com\/ro\/terra-luna\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Ce a fost Terra (LUNA)? Cum a func\u021bionat?\">Terra<\/a> <a href=\"https:\/\/coinkickoff.com\/ro\/terrausd-ust\/\" data-internallinksmanager029f6b8e52c=\"15\" title=\"Ce a fost TerraUSD (UST)? Cum a func\u021bionat?\">UST<\/a>'s, o alt\u0103 pr\u0103bu\u0219ire a algoritmului coin, ar fi putut avea un impact negativ asupra activului.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Frax \u0219i-a lansat propriul pool de miz\u0103 lichid\u0103 \u00een octombrie 2022, iar Frax \u0219i-a crescut cota de pia\u021b\u0103 \u00een primele s\u0103pt\u0103m\u00e2ni din ianuarie 2023 cu <a href=\"https:\/\/coinkickoff.com\/ro\/frax-share-crypto-fxs\/\" data-internallinksmanager029f6b8e52c=\"94\" title=\"Ce este Frax Share Crypto (FXS)? Pre\u021b \u0219i unde s\u0103 o cumperi\">FXS<\/a> (guvernan\u021ba token necesar\u0103 pentru a bate FRAX, tripl\u00e2ndu-i valoarea).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Frax opereaz\u0103 un schimb descentralizat \u0219i un protocol AMM numit <\/span><a href=\"https:\/\/app.frax.finance\/fraxswap\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">FraxSwap<\/span><\/a><span style=\"font-weight: 400;\"> \u0219i propria sa platform\u0103 de creditare <\/span><a href=\"https:\/\/defillama.com\/protocol\/fraxlend\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fraxlend<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pute\u021bi afla mai multe despre <\/span><a href=\"https:\/\/coinkickoff.com\/ro\/dai-dai\/\"><span style=\"font-weight: 400;\">Frax <\/span><\/a><span style=\"font-weight: 400;\">\u0219i <\/span><a href=\"https:\/\/coinkickoff.com\/ro\/bitfinex-review\/\"><span style=\"font-weight: 400;\">Bitfinex<\/span><\/a><span style=\"font-weight: 400;\"> \u00een analizele noastre detaliate.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Do_Tether_and_FRAX_Work\"><\/span><span style=\"font-weight: 400;\">Cum func\u021bioneaz\u0103 Tether \u0219i FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Stabilecoins ar trebui s\u0103 aib\u0103 un pre\u021b stabil, dar exist\u0103 opinii diferite cu privire la modul \u00een care se poate realiza acest lucru. Tether, cel mai vechi emitent de coin stabile, a avut o idee destul de simpl\u0103 c\u00e2nd a \u00eenceput: s\u0103 pun\u0103 un dolar \u00een banc\u0103 pentru fiecare USDT b\u0103tut.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">USD ar fi folosit pentru a garanta USDT, astfel \u00eenc\u00e2t oamenii \u0219i institu\u021biile s\u0103 poat\u0103 investi \u0219i tranzac\u021biona \u00een mod confortabil \u00een sfera cripto cu USD. Toate USDT ar putea fi r\u0103scump\u0103rate la un moment dat, dac\u0103 este necesar.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bine\u00een\u021beles, \u00een realitate, lucrurile nu au mers at\u00e2t de bine. Tether sus\u021bine acum c\u0103 USDT poate fi garantat de diverse active, altele dec\u00e2t dolarul american, cum ar fi echivalentul \u00een numerar, h\u00e2rtii comerciale, obliga\u021biuni \u0219i alte investi\u021bii.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">FRAX, pe de alt\u0103 parte, men\u021bine stabilitatea pre\u021burilor \u00een mod foarte diferit. Acesta folose\u0219te o combina\u021bie de rezerve criptografice \u0219i algoritmi pentru a-\u0219i asigura pre\u021bul. Frax este garantat de FXS (guvernan\u021ba proprie a Frax token) \u0219i de alte criptomonede.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alte criptomonede (93% <a href=\"https:\/\/coinkickoff.com\/ro\/usd-coin-usdc\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Ce este USD Coin (USDC)? Cum func\u021bioneaz\u0103 \u0219i de unde \u00eel pute\u021bi cump\u0103ra?\">USDC<\/a>) subcolectivizeaz\u0103 FRAX \u00een rezerve, \u00een propor\u021bii diferite. Practic, protocolul utilizeaz\u0103 o cantitate variabil\u0103 de USDC \u0219i FXS pentru a bate FRAX. Diferen\u021ba dintre rezerve \u0219i cantitatea de Frax \u00een circula\u021bie este men\u021binut\u0103 cu grij\u0103 de algoritmii de batere.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Acest lucru este cunoscut sub denumirea de subcolateralizare, care poate fi riscant dac\u0103 <a href=\"https:\/\/coinkickoff.com\/ro\/prices\/\" data-internallinksmanager029f6b8e52c=\"136\" title=\"Top 100 Pre\u021buri live la criptomonede (USD)\">pre\u021buri cripto<\/a> toamna. Cu toate acestea, rezervele externe stabilecoin garanteaz\u0103, cel pu\u021bin par\u021bial, stabilitatea pre\u021burilor FRAX.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_the_Main_Use_Cases_of_USDT_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Care sunt principalele cazuri de utilizare a USDT \u0219i FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u00cen zilele noastre, este u\u0219or s\u0103 lu\u0103m stablecoins drept un lucru de la sine \u00een\u021beles, deoarece suntem at\u00e2t de obi\u0219nui\u021bi s\u0103 putem face comer\u021b cu ei. Dar USDT a fost un schimb\u0103tor de joc \u00een multe feluri, deoarece, dintr-o dat\u0103, a\u021bi putut <\/span><b>intra\u021bi \u0219i ie\u0219i\u021bi din jocul cripto la un pre\u021b garantat<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Principalele cazuri de utilizare a USDT includ tranzac\u021bii mai u\u0219oare. \u00cen timp ce nu pute\u021bi cump\u0103ra majoritatea criptomonedelor cu valute fiat, exist\u0103 pie\u021be USDT pentru aproape toate criptomonedele existente.<\/b><\/p>\n<p><b>Deoarece USDT are o cot\u0103 de pia\u021b\u0103 mare, iar stabilitatea pre\u021bului s\u0103u este garantat\u0103 de rezervele externe, mul\u021bi comercian\u021bi pot accepta pl\u0103\u021bi criptografice denominate \u00een USDT.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Se poate spune c\u0103 cel mai mare caz de utilizare a stabilit\u0103\u021biicoins r\u0103m\u00e2ne institu\u021bional \u0219i este orientat spre experimente DeFi \u0219i produse derivate. <\/span><b>Pute\u021bi miza USDT pentru a c\u00e2\u0219tiga dob\u00e2nd\u0103 pentru participa\u021biile dvs.<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX are o capitalizare bursier\u0103 mult mai mic\u0103 \u00een compara\u021bie cu USDT \u0219i cu alte coins stabile, cum ar fi <a href=\"https:\/\/coinkickoff.com\/ro\/binance-usd-busd\/\" data-internallinksmanager029f6b8e52c=\"13\" title=\"Ce este Binance USD (BUSD)? Pre\u021b, istoric \u0219i unde se poate cump\u0103ra\">BUSD<\/a> sau USDC. Cu toate acestea, <\/span><b>Protocolul Frax are un fond de lichidit\u0103\u021bi pentru miz\u0103, un protocol de \u00eemprumut \u0219i un schimb propriu care permite oamenilor s\u0103 ob\u021bin\u0103 profit prin \u00eemprumuturi \u0219i miz\u0103 pe activele lor.<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Frax \u0219i-a lansat sistemul de \u00een\u021bepat cu lichid <\/span><a href=\"https:\/\/docs.frax.finance\/frax-ether\/overview\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Eter Frax<\/span><\/a><span style=\"font-weight: 400;\"> \u00een octombrie 2022. Sistemul permite miza lichid\u0103: blocarea criptomonedelor \u00een portofele pentru un randament, p\u0103str\u00e2nd \u00een acela\u0219i timp accesul la fondurile blocate prin intermediul derivatului coins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Eterul Frax token este un derivat lichid al eterului. Acesta este legat la ETH, astfel \u00eenc\u00e2t atunci c\u00e2nd utilizatorii depun ETH \u00een contractul Frax ETH Minter, primesc o cantitate echivalent\u0103 de frxETH.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Posesorii de frxETH pot folosi token-urile pentru a c\u00e2\u0219tiga recompense pe bursele descentralizate. <\/span><a href=\"https:\/\/finance.yahoo.com\/news\/defi-frax-finance-gains-momentum-115612813.html\" target=\"_blank\" rel=\"noopener\"><b>Frax ofer\u0103 de la 6% la 10%<\/b><\/a><b> randamente anualizate pentru miza ETH pe platform\u0103.<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"USDT_vs_FRAX_Price_History\"><\/span><span style=\"font-weight: 400;\">USDT vs FRAX Istoric pre\u021b<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"USDT_Price_History\"><\/span><span style=\"font-weight: 400;\">USDT Istoric pre\u021b<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2925 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/tether-usdt-price.png\" alt=\"pre\u021b tether usdt\" width=\"959\" height=\"613\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/tether-usdt-price.png 959w, https:\/\/coinkickoff.com\/wp-content\/uploads\/tether-usdt-price-300x192.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/tether-usdt-price-768x491.png 768w, https:\/\/coinkickoff.com\/wp-content\/uploads\/tether-usdt-price-18x12.png 18w\" sizes=\"auto, (max-width: 959px) 100vw, 959px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">USDT \u0219i-a protejat stabilitatea pre\u021bului de-a lungul anilor, 1 USDT fiind evaluat la $1. Fluctua\u021bii u\u0219oare ale pre\u021bului apar atunci c\u00e2nd volatilitatea pie\u021bei declan\u0219eaz\u0103 ordine uria\u0219e de cump\u0103rare sau v\u00e2nzare de USDT, dar pre\u021bul revine rapid la $1, deoarece Tether arde sau bate USDT.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"FRAX_Price_History\"><\/span><span style=\"font-weight: 400;\">FRAX Istoric pre\u021b FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2929 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history.png\" alt=\"istoricul pre\u021burilor frax\" width=\"977\" height=\"633\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history.png 977w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history-300x194.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history-768x498.png 768w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history-18x12.png 18w\" sizes=\"auto, (max-width: 977px) 100vw, 977px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">1 FRAX ar trebui s\u0103 valoreze \u00eentotdeauna $1, de\u0219i pot ap\u0103rea fluctua\u021bii de pre\u021b atunci c\u00e2nd cererea pentru activul respectiv cre\u0219te sau scade \u00eentr-o perioad\u0103 scurt\u0103 de timp. Pre\u021bul revine rapid la pre\u021bul fixat de $1.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tether_vs_FRAX_Market_Cap\"><\/span><span style=\"font-weight: 400;\">Tether vs FRAX Capitalizare bursier\u0103<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"USDT_Market_Cap\"><\/span><span style=\"font-weight: 400;\">USDT Cap de pia\u021b\u0103<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2924 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/usdt-marketcap.png\" alt=\"capitalizare de pia\u021b\u0103 usdt\" width=\"961\" height=\"631\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/usdt-marketcap.png 961w, https:\/\/coinkickoff.com\/wp-content\/uploads\/usdt-marketcap-300x197.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/usdt-marketcap-768x504.png 768w, https:\/\/coinkickoff.com\/wp-content\/uploads\/usdt-marketcap-18x12.png 18w\" sizes=\"auto, (max-width: 961px) 100vw, 961px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">USDT este cea mai mare criptomoned\u0103 stabil\u0103coin \u0219i a treia cea mai mare criptomoned\u0103 dup\u0103 capitalizarea de pia\u021b\u0103, dup\u0103 <a href=\"https:\/\/coinkickoff.com\/ro\/bitcoin-btc\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Ce este Bitcoin (BTC)? Pre\u021b, istoric \u0219i unde se poate cump\u0103ra\">Bitcoin<\/a> \u0219i Ethereum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cencep\u00e2nd cu februarie 2023, exist\u0103<\/span><b> peste 60 de miliarde de USDT tokens <\/b><a href=\"https:\/\/coinmarketcap.com\/currencies\/tether\/\" target=\"_blank\" rel=\"noopener\"><b>\u00een circula\u021bie<\/b><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nu exist\u0103 o ofert\u0103 total\u0103 stabilit\u0103 pentru USDT, deoarece Tether poate emite mai multe token \u00een func\u021bie de cererea pentru acest activ. Atunci c\u00e2nd cererea cre\u0219te, se creeaz\u0103 mai multe token. Persoanele \u0219i institu\u021biile pot vinde sau converti USDT \u00een alte coins, caz \u00een care compania arde surplusul de token.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tether promite s\u0103 aib\u0103 rezerve pentru fiecare USDT \u00een circula\u021bie pentru a proteja leg\u0103tura unu la unu dintre activ \u0219i dolarul american. Dac\u0103 societatea emite mai multe token dec\u00e2t rezervele sale, pre\u021bul se va pr\u0103bu\u0219i atunci c\u00e2nd cererea va sc\u0103dea.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">USDT este disponibil pe majoritatea burselor majore \u0219i este sus\u021binut de multe re\u021bele blockchain, inclusiv Ethereum, <a href=\"https:\/\/coinkickoff.com\/ro\/algorand-algo\/\" data-internallinksmanager029f6b8e52c=\"182\" title=\"Ce este Algorand (ALGO)? Pre\u021bul, istoricul \u0219i unde s\u0103 cumpere\">Algorand<\/a>, <a href=\"https:\/\/coinkickoff.com\/ro\/hedera-hbar\/\" data-internallinksmanager029f6b8e52c=\"35\" title=\"Ce este Hedera (HBAR) Cum func\u021bioneaz\u0103 \u0219i de unde s\u0103 o cump\u0103ra\u021bi?\">Hedera<\/a>, <a href=\"https:\/\/coinkickoff.com\/ro\/tron-trx\/\" data-internallinksmanager029f6b8e52c=\"27\" title=\"Ce este Tron (TRX) Cum func\u021bioneaz\u0103 \u0219i de unde s\u0103-l cumpere?\">Tron<\/a>, <a href=\"https:\/\/coinkickoff.com\/ro\/solana-sol\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Ce este Solana (SOL)? Cum func\u021bioneaz\u0103 \u0219i de unde se poate cump\u0103ra?\">Solana<\/a>, \u0219i multe altele.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"FRAX_Market_Cap\"><\/span><span style=\"font-weight: 400;\">CAP de pia\u021b\u0103 FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2928 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-marketcap.png\" alt=\"frax marketcap\" width=\"976\" height=\"629\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-marketcap.png 976w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-marketcap-300x193.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-marketcap-768x495.png 768w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-marketcap-18x12.png 18w\" sizes=\"auto, (max-width: 976px) 100vw, 976px\" \/><\/p>\n<p><a href=\"https:\/\/coinmarketcap.com\/currencies\/usd-coin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">FRAX<\/span><\/a><span style=\"font-weight: 400;\"> este a 207-a cea mai mare criptomoned\u0103 \u0219i a unsprezecea cea mai mare stabilcoin dup\u0103 capitalizarea de pia\u021b\u0103. \u00cencep\u00e2nd cu ianuarie 2023, exist\u0103 o <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/frax\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">alimentarea prin circula\u021bie<\/span><\/a><span style=\"font-weight: 400;\"> de <\/span><b>1 miliard FRAX<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX nu are o ofert\u0103 total\u0103 stabilit\u0103, deoarece protocolul Frax Finance poate emite noi FRAX token sau poate arde token-urile existente \u00een func\u021bie de stabilitatea pre\u021bului \u0219i de cererea de token. Procesul este controlat de contractele inteligente \u0219i de algoritmii protocolului Frax Finance. Oferta total\u0103 variaz\u0103 \u00een func\u021bie de cererea de pe pia\u021b\u0103.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX este b\u0103tut prin blocarea USDC (\u0219i a altor c\u00e2teva coins stabile) \u0219i arderea FXS, guvernan\u021ba token a Frax Protocl, \u00een contracte inteligente. De exemplu, ave\u021bi nevoie de USDC \u00een valoare de 0,50 USD \u0219i de FXS \u00een valoare de 0,50 USD pentru a bate FRAX.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Oferta total\u0103 de <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/frax-shares\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Ac\u021biuni Frax<\/span><\/a><span style=\"font-weight: 400;\"> (FXS) tokens este limitat\u0103 la 100 de milioane. Pe m\u0103sur\u0103 ce se bat noi FRAX tokens, FXS cap\u0103t\u0103 valoare datorit\u0103 excesului de garan\u021bii \u0219i comisioane. Valoarea FXS token poate cre\u0219te sau sc\u0103dea \u00een func\u021bie de popularitatea FRAX. Pe m\u0103sur\u0103 ce valoarea FXS cre\u0219te, se pot bate mai multe FRAX token cu mai pu\u021bine FXS.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen prezent, pute\u021bi garanta doar cu coins stabil pe lan\u021b pentru a bate FRAX, dar exist\u0103 planuri de a accepta ETH \u0219i BTC \u00eenvelit \u00een viitor.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX ruleaz\u0103 pe Ethereum blockchain \u0219i este disponibil pe majoritatea <a href=\"https:\/\/coinkickoff.com\/ro\/crypto-exchanges\/\" data-internallinksmanager029f6b8e52c=\"141\" title=\"21 Cele mai bune 21 Cele mai bune schimburi de criptomonede \u0219i aplica\u021bii \u00een 2024\">schimburi criptografice<\/a> \u0219i multe protocoale DeFi.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Main_Similarities_Between_Tether_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Principalele asem\u0103n\u0103ri \u00eentre Tether \u0219i FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>USDT \u0219i FRAX sunt ambele stabilecoins legate de USD \u00eentr-un raport de unu la unu, ceea ce \u00eenseamn\u0103 c\u0103 ar trebui s\u0103 valoreze \u00eentotdeauna 1 USD.\u00a0<\/b><\/p>\n<p><b>Nu exist\u0103 un num\u0103r total stabilit de rezerve pentru niciunul dintre cele dou\u0103 tipuri de coin stabile, deoarece pot fi create mai multe token dac\u0103 cererea pentru aceste active cre\u0219te.<\/b><\/p>\n<h3><span class=\"ez-toc-section\" id=\"DeFi_Staking\"><\/span><span style=\"font-weight: 400;\">DeFi Staking\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Ambele active sunt disponibile pe majoritatea burselor de criptomonede \u0219i pe protocoalele DeFi. Pute\u021bi \u00eemprumuta \u0219i \u00eemprumuta USDT \u0219i FRAX pentru a face tranzac\u021bii sau pentru a c\u00e2\u0219tiga dob\u00e2nd\u0103 pentru economiile dumneavoastr\u0103.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Frax are un produs de ether care permite utilizatorilor s\u0103 blocheze ETH \u00een schimbul unui ether Frax token (frxETH), care este garantat 1:1 cu ether. Aceste token pot fi tranzac\u021bionate sau pot fi utilizate \u00een pool-uri de lichidit\u0103\u021bi pentru a c\u00e2\u0219tiga dob\u00e2nd\u0103.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aproape toate bursele ofer\u0103 un program de recompense pentru blocarea USDT.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Centralized_Governance\"><\/span><span style=\"font-weight: 400;\">Guvernan\u021b\u0103 centralizat\u0103\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u00cen teorie, Tether \u0219i Frax Finance nu ar putea fi mai diferite \u00een ceea ce prive\u0219te descentralizarea:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tether este o companie centralizat\u0103, iar Frax Finance este conceput\u0103 pentru a func\u021biona ca o organiza\u021bie autonom\u0103 descentralizat\u0103.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen practic\u0103, la fel ca majoritatea celorlalte proiecte DeFi, Frax nu este cu adev\u0103rat descentralizat. DeFi este mai mult sau mai pu\u021bin un termen de marketing menit s\u0103 atrag\u0103 investitorii de retail \u00een proiecte \u00een care ace\u0219tia pot p\u0103stra iluzia controlului. De obicei, proiectele sunt gestionate de un mic grup de dezvoltatori \u0219i investitori care au privilegii speciale asupra viitorului proiectului.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cu toate acestea, majoritatea acestor protocoale nu vor reu\u0219i probabil s\u0103 devin\u0103 cu adev\u0103rat descentralizate. Dezvoltatorii le vor controla \u00een continuare sau vor da cea mai mare parte a puterii marilor investitori.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Auditorii constat\u0103 adesea c\u0103 administratorii pot controla sau exploata contractele inteligente care \"gestioneaz\u0103\" proiectul. Acest lucru este valabil \u0219i pentru FRAX.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen 2022, <\/span><a href=\"https:\/\/code4rena.com\/reports\/2022-09-frax\/#h-02-frontrunning-by-malicious-validator\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">un audit a ar\u0103tat c\u0103 administratorii FRAX de\u021bin privilegii speciale pe protocolul<\/span><\/a><span style=\"font-weight: 400;\"> care le permit s\u0103 schimbe protocolul frxETHminter \u0219i s\u0103 bat\u0103 moned\u0103 \u0219i s\u0103 retrag\u0103 frxETH nelimitat.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Administratorii de protocol pot seta adresele validatorilor, iar validatorii r\u0103u inten\u021biona\u021bi pot exploata sistemul.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alte probleme de risc ridicat includ o eroare de contabilitate care permite actorilor s\u0103 fure activele altor utilizatori.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Este corect s\u0103 spunem c\u0103 guvernan\u021ba Frax ar putea deveni mai descentralizat\u0103 \u00een viitor, dar acest lucru depinde de o mul\u021bime de al\u021bi factori.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tether este mai evident centralizat\u0103 \u0219i, fiind o companie privat\u0103, ofer\u0103 pu\u021bine informa\u021bii despre baterea USDT \u0219i alte opera\u021biuni.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Main_Differences_Between_Tether_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Principalele diferen\u021be \u00eentre Tether \u0219i FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Exist\u0103 mai multe diferen\u021be \u00eentre USDT \u0219i FRAX. Acestea utilizeaz\u0103 mecanisme de colateralizare diferite \u0219i sunt foarte diferite din punct de vedere al razei de ac\u021biune pe pia\u021b\u0103.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Pegging_Mechanism\"><\/span><span style=\"font-weight: 400;\">Mecanismul de ancorare<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Protocoalele Tether \u0219i Frax utilizeaz\u0103 mecanisme de fixare foarte diferite pentru a sus\u021bine stabilizareacoins. Tether depinde de rezervele stabile, \u00een timp ce Frax utilizeaz\u0103 o combina\u021bie de controale algoritmice \u0219i rezerve.<\/span><\/p>\n<p><b>\u00cen general, asta \u00eenseamn\u0103 c\u0103 USDT este sus\u021binut de active financiare tradi\u021bionale, cum ar fi numerar, obliga\u021biuni, efecte comerciale \u0219i alte valori.\u00a0<\/b><\/p>\n<p><b>FRAX, pe de alt\u0103 parte, este sus\u021binut\u0103 \u00een principal de USDC. \u00cen viitor, FRAX ar putea fi sus\u021binut de alte active, cum ar fi Ether (ETH) \u0219i <a href=\"https:\/\/coinkickoff.com\/ro\/infasurat-bitcoin-wbtc\/\" data-internallinksmanager029f6b8e52c=\"17\" title=\"Ce este Wrapped Bitcoin (WBTC)? Cum func\u021bioneaz\u0103 \u0219i de unde \u00eel pute\u021bi cump\u0103ra?\">Wrapped Bitcoin<\/a><\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"State_of_Reserves\"><\/span><span style=\"font-weight: 400;\">Situa\u021bia rezervelor<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><b>Rezervele Tether au fost un subiect controversat. Compania refuz\u0103 s\u0103 fac\u0103 publice auditurile rezervelor sale sau informa\u021bii relevante privind activele sale<\/b><span style=\"font-weight: 400;\">. De-a lungul anilor, suspiciunile cu privire la starea rezervelor Tether au alimentat numeroase rapoarte \u0219i c\u00e2teva investiga\u021bii ale autorit\u0103\u021bilor guvernamentale.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen 2021, Tether a pl\u0103tit amenzi de 60 de milioane de euro pentru a ajunge la o \u00een\u021belegere cu autorit\u0103\u021bile americane, dup\u0103 ce s-a aflat c\u0103 societatea a indus \u00een eroare \u00een mod inten\u021bionat publicul cu privire la rezervele sale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">De la <\/span><b>FRAX este sus\u021binut de garan\u021bii criptografice, iar rezervele sunt mai transparente. Cu toate acestea, FRAX are propriile sale probleme \u00een ceea ce prive\u0219te rezervele, \u00een principal faptul c\u0103 FRAX poate fi subcolateralizat din cauza structurii sale algoritmice.<\/b><\/p>\n<p><b>Protocolul FRAX utilizeaz\u0103 alte stablecoins pentru a bate FRAX. Raportul de garan\u021bie necesar variaz\u0103 \u00een func\u021bie de valoarea de mi\u0219care a FRAX.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">FRAX, la fel ca majoritatea celorlalte proiecte DeFi, ofer\u0103 publicului o guvernare descentralizat\u0103. Protocolul de guvernare gestioneaz\u0103 codul \u0219i contractele inteligente. Cu toate acestea, <\/span><a href=\"https:\/\/protos.com\/how-decentralized-is-defi-really\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">a fost subliniat faptul c\u0103 FRAX nu este descentralizat, a\u0219a cum este anun\u021bat.<\/span><\/a><span style=\"font-weight: 400;\">, iar administratorii \u0219i echipa de dezvoltare pot controla proiectul.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_Capitalization\"><\/span><span style=\"font-weight: 400;\">Capitalizarea pie\u021bei<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><b>Nu \u00een ultimul r\u00e2nd, USDT \u0219i FRAX au o diferen\u021b\u0103 masiv\u0103 \u00een ceea ce prive\u0219te capitalizarea de pia\u021b\u0103.<\/b><span style=\"font-weight: 400;\"> USDT este cea mai mare criptomoned\u0103 stabil\u0103coin \u0219i a treia cea mai mare criptomoned\u0103 de pe pia\u021b\u0103. Pute\u021bi tranzac\u021biona aproape toate criptomonedele cu USDT \u0219i este utilizat \u00een mod obi\u0219nuit \u00een proiectele \u0219i pool-urile DeFi.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX este doar al unsprezecelea cel mai mare stabilcoin de pe pia\u021b\u0103 \u0219i nici m\u0103car nu intr\u0103 \u00een top 100 al criptomonedelor \u00een general.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cu toate acestea, FRAX este foarte nou \u00een compara\u021bie cu USDT, astfel \u00eenc\u00e2t diferen\u021ba este de a\u0219teptat. FRAX a cunoscut o adop\u021bie relativ mic\u0103 \u00een compara\u021bie cu majoritatea celorlaltecoins stabile de pe pia\u021b\u0103, dar fondul s\u0103u de lichidit\u0103\u021bi de staling bazat pe Ether a f\u0103cut o adev\u0103rat\u0103 v\u00e2lv\u0103 pe pie\u021be la sf\u00e2r\u0219itul anului 2022.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Associated_With_Tether_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Riscuri asociate cu Tether \u0219i FRAX\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Risk_of_Losing_Their_Peg\"><\/span><span style=\"font-weight: 400;\">Riscul de a-\u0219i pierde Peg-ul<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><b>Cel mai mare risc pentru to\u021bi stabiliicoins este volatilitatea pre\u021burilor. \u00cen cazul \u00een care un stabilcoin nu este sus\u021binut \u00een mod corespunz\u0103tor cu rezerve, o criz\u0103 bancar\u0103 puternic\u0103 ar putea duce la pierderea parit\u0103\u021bii.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Atunci c\u00e2nd stabiliicoins \u00ee\u0219i pierd blocajul, pr\u0103bu\u0219irea pre\u021bului care urmeaz\u0103 creeaz\u0103 un efect de bulg\u0103re de z\u0103pad\u0103 care afecteaz\u0103 aproape toate celelalte pie\u021be care au fost expuse la criptomonedele respective.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dup\u0103 cum pute\u021bi ghici, \u00een cazul USDT, riscul este uria\u0219, deoarece USDT \u00een sine este uria\u0219. Dac\u0103 USDT se pr\u0103bu\u0219e\u0219te, ar putea crea un <a href=\"https:\/\/coinkickoff.com\/ro\/ripple-xrp\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Ce este Ripple (XRP)? Pre\u021b, istoric \u0219i unde se poate cump\u0103ra\">ondula\u021bie<\/a> efect care poate duce la pr\u0103bu\u0219irea \u00eentregii pie\u021be criptografice. Cam acesta este motivul pentru care publicul cere un audit de la Tether cu privire la rezervele sale, iar autorit\u0103\u021bile iau m\u0103suri pentru a reglementa stabilcoins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bine\u00een\u021beles, chiar \u0219i un stabilcoin cu capitalizare relativ mic\u0103, precum FRAX, ar putea provoca o bulversare uria\u0219\u0103 dac\u0103 nu-\u0219i poate proteja parghia. Dac\u0103 FRAX se pr\u0103bu\u0219e\u0219te, poate \u0219terge miliarde de pe pia\u021b\u0103.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dar c\u00e2t de probabile sunt aceste scenarii? Ei bine, este foarte greu de spus.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Refuzul Tether de a publica un audit oficial nu inspir\u0103 \u00eencredere \u00een rezervele USDT. Dar, pe de alt\u0103 parte, USDT a reu\u0219it s\u0103 \u00ee\u0219i protejeze stabilitatea pre\u021burilor \u00een ciuda multor controverse.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Situa\u021bia este foarte diferit\u0103 \u00een cazul FRAX. Riscul aici nu este c\u0103 FRAX nu are rezervele pe care spune c\u0103 le are. Deoarece FRAX este sus\u021binut \u00een mare parte de USDC, un activ bazat pe blockchain, din punct de vedere tehnic, rezervele pot fi auditate de c\u0103tre public.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cu toate acestea,<\/span> <span style=\"font-weight: 400;\">FRAX utilizeaz\u0103 o combina\u021bie de subcolateralizare \u0219i algoritmi pentru a asigura o leg\u0103tur\u0103 1:1 cu USD. Acest lucru are dou\u0103 probleme: \u00een primul r\u00e2nd, este discutabil dac\u0103 natura algoritmic\u0103 a stabilit\u0103\u021biicoin poate \u021bine pasul cu schimb\u0103rile rapide ale pie\u021bei.<\/span><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/graphics\/2022-crypto-luna-terra-stablecoin-explainer\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Terra UST, un algoritm stabilcoin, a \u0219ters 60 de miliarde USD de pe pia\u021b\u0103<\/span><\/a><span style=\"font-weight: 400;\"> c\u00e2nd s-a pr\u0103bu\u0219it, distrug\u00e2nd sentimentul c\u0103 codul ar putea fi suficient pentru a men\u021bine stabil uncoin stabil.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen timp ce FRAX folose\u0219te garan\u021bii pentru a se sus\u021bine, r\u0103m\u00e2ne \u00eentrebarea dac\u0103 stabilitatea pre\u021burilor sale poate fi protejat\u0103 \u00een diferite condi\u021bii de pia\u021b\u0103.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cea de-a doua problem\u0103 cu FRAX se refer\u0103 la garan\u021bia \u00een sine: este alc\u0103tuit\u0103 din alte coins stabile \u0219i, \u00een principal, USDC \u00een acest moment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">USDC \u00eensu\u0219i este un stabilcoin sus\u021binut din exterior. Dac\u0103 USDC nu-\u0219i poate men\u021bine nivelul de ancorare, atunci FRAX are mari probleme, deoarece rezervele sale se pot topi. Dar, de asemenea, USDC este un stabilcoin centralizat care face obiectul multor reglement\u0103ri.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Legal_and_Financial_Risks\"><\/span><span style=\"font-weight: 400;\">Riscuri juridice \u0219i financiare<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Tether este <\/span><a href=\"https:\/\/finance.yahoo.com\/news\/us-tether-bank-fraud-investigation-161601857.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">cercetat pentru fraud\u0103 bancar\u0103<\/span><\/a><span style=\"font-weight: 400;\">. Fondatorii Tether au fost, de asemenea, \u00een centrul aten\u021biei din cauza rela\u021biilor de afaceri cu infractori financiari cunoscu\u021bi din Europa.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX, de\u0219i este ferit de investiga\u021bii p\u00e2n\u0103 acum, se confrunt\u0103 cu un alt tip de risc juridic care a devenit evident \u00een 2022. Atunci c\u00e2nd autorit\u0103\u021bile americane au aplicat sanc\u021biuni \u00eempotriva Tornade Cash, un grup de mixere cripto pentru tranzac\u021bii anonime, mai multe burse, inclusiv <\/span><a href=\"https:\/\/coinbase-consumer.sjv.io\/ORPoaG\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Coinbase<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/aave.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Aave\u021bi<\/span><\/a><span style=\"font-weight: 400;\">, \u0219i <\/span><a href=\"https:\/\/uniswap.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Uniswap<\/span><\/a><span style=\"font-weight: 400;\">, portofelele de pe lista neagr\u0103 a portofelelor legate de Tornado Cash.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Compania-mam\u0103 a USDC Centrul a interzis <\/span><a href=\"https:\/\/thedefiant.io\/usdc-addresses-banned\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">38 de adrese de portofel care stocheaz\u0103 75.000 USDC<\/span><\/a><span style=\"font-weight: 400;\">, \u00eempiedic\u00e2ndu-i efectiv pe proprietari s\u0103 \u00ee\u0219i r\u0103scumpere criptomonedele.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen timp ce USDC poate beneficia de o mai mare conformitate juridic\u0103, iar compania mam\u0103 a USDC, Centre, are mijloacele necesare pentru a face fa\u021b\u0103 impactului unor astfel de evenimente, aceast\u0103 mi\u0219care constituie un semnal de alarm\u0103 pentru activele dependente de USDC care se prezint\u0103 ca fiind descentralizate.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Where_Can_You_Buy_USDT_and_FRAX\"><\/span><span style=\"font-weight: 400;\">De unde pute\u021bi cump\u0103ra USDT \u0219i FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">USDT \u0219i FRAX pot fi achizi\u021bionate de pe bursele de cripto-monede, inclusiv de pe bursele de cripto-monede centralizate, cum ar fi <a href=\"https:\/\/coinkickoff.com\/ro\/coinbase-review\/\" data-internallinksmanager029f6b8e52c=\"142\" title=\"Coinbase Recenzii 2024: Caracteristici, taxe, siguran\u021b\u0103, argumente pro \u0219i contra\">Coinbase<\/a>, <\/span><a href=\"https:\/\/www.kucoin.com\/r\/af\/rMJPV3B\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">KuCoin<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.gate.io\/trade\/FRAX_USDT\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Gate.io<\/span><\/a><span style=\"font-weight: 400;\">, \u0219i <\/span><a href=\"https:\/\/accounts.binance.com\/register?ref=BLJQ60RW\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Binance<\/span><\/a><span style=\"font-weight: 400;\">, sau schimburi descentralizate precum <\/span><a href=\"https:\/\/changelly.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Changelly<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.sushi.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Sushiswap<\/span><\/a><span style=\"font-weight: 400;\">, sau <\/span><a href=\"https:\/\/oasisprotocol.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Oasis<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Re\u021bine\u021bi c\u0103 <\/span><a href=\"https:\/\/crypto.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Crypto.com<\/span><\/a><span style=\"font-weight: 400;\"> a retras USDT de la tranzac\u021bionare pentru clien\u021bii canadieni din cauza unor probleme de reglementare, iar alte burse din Canada ar putea s\u0103-i calce pe urme.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pute\u021bi achizi\u021biona USDT cu alte criptomonede sau cu valut\u0103 fiduciar\u0103 prin transferuri bancare, carduri de credit \u0219i de debit, Apple Pay, Google Pay sau al\u021bi furnizori de pl\u0103\u021bi ter\u021be. Pute\u021bi cump\u0103ra FRAX cu USDC, USDT, ETH \u0219i alte criptomonede.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Can_You_Exchange_USDT_for_FRAX\"><\/span><span style=\"font-weight: 400;\">Cum pute\u021bi schimba USDT cu FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Pute\u021bi schimba USDT pentru FRAX pe majoritatea bursele de criptograme, inclusiv <a href=\"https:\/\/coinkickoff.com\/ro\/binance-review\/\" data-internallinksmanager029f6b8e52c=\"152\" title=\"Binance Recenzii 2024: Caracteristici, taxe, siguran\u021b\u0103, argumente pro \u0219i contra\">Binance<\/a>, Coinbaz\u0103, <a href=\"https:\/\/coinkickoff.com\/ro\/kucoin-review\/\" data-internallinksmanager029f6b8e52c=\"153\" title=\"KuCoin Recenzii 2023: Taxe, siguran\u021b\u0103, pro \u0219i contra\">Kucoin<\/a>, \u0219i Bitfinex. At\u00e2ta timp c\u00e2t bursa listeaz\u0103 paritatea USDT\/FRAX, nu ve\u021bi avea probleme.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Future_Plans_for_Tether_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Planuri de viitor pentru Tether \u0219i FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Guvernul SUA <\/span><a href=\"https:\/\/www.reuters.com\/world\/us\/us-treasury-issue-stablecoin-report-paving-way-new-rules-2021-11-01\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">inten\u021bioneaz\u0103 s\u0103 reglementeze cu mai mult\u0103 aten\u021bie stablecoins<\/span><\/a><span style=\"font-weight: 400;\">. Unul dintre proiectele de reglementare includea interzicerea algoritmilor de stabilizare a tranzac\u021biilor de tip stablecoins care utilizeaz\u0103 alte stablecoins ca garan\u021bii. Acest lucru ar putea \u00eensemna probleme pentru FRAX dac\u0103 proiectul de lege trece, dar, potrivit fondatorului Frax, Sam Kazemian, echipa poate <\/span><a href=\"https:\/\/thedefiant.io\/frax-compliant-stablecoin\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">s\u0103 construiasc\u0103 uncoin stabil care s\u0103 respecte reglement\u0103rile<\/span><\/a><span style=\"font-weight: 400;\"> \u00een cazul \u00een care proiectul de lege va fi adoptat.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00cen ceea ce prive\u0219te Tether, mul\u021bi din criptosfer\u0103 sper\u0103 c\u0103 firma va fi mai transparent\u0103 \u00een ceea ce prive\u0219te rezervele sale.\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Tether's USDT \u0219i FRAX de la Frax Finance sunt ambele stabilecoins, deci ar trebui s\u0103 valoreze \u00eentotdeauna 1 USD. Dar aceste stabilecoins folosesc metode foarte diferite pentru a-\u0219i asigura stabilitatea pre\u021bului. \u00cen aceast\u0103 analiz\u0103 Tether vs FRAX, vom discuta riscurile \u0219i beneficiile asociate cu fiecare coin \u0219i vom explica cum se compar\u0103. Istoria Tether (USDT) [...]<\/p>","protected":false},"author":3,"featured_media":2847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2927","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized","entry"],"featured_image_src":"https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd-600x400.jpg","featured_image_src_square":"https:\/\/coinkickoff.com\/wp-content\/uploads\/tethervstrueusd-600x563.jpg","author_info":{"display_name":"Ian Wright","author_link":"https:\/\/coinkickoff.com\/ro\/author\/ianw\/"},"_links":{"self":[{"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/posts\/2927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/comments?post=2927"}],"version-history":[{"count":2,"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/posts\/2927\/revisions"}],"predecessor-version":[{"id":2931,"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/posts\/2927\/revisions\/2931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/media\/2847"}],"wp:attachment":[{"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/media?parent=2927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/categories?post=2927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinkickoff.com\/ro\/wp-json\/wp\/v2\/tags?post=2927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}