— TrustToken Co-Founder
Tory Reiss 访谈
与法币和资产锚定的稳定币从2014年Tether发行USDT开始稳步发展。纽约金融服务部也于9月10日批准了GUSD和PAX，意味着稳定币进一步得到了传统监管机构的认可。然而稳定币的价格是否真的稳定？稳定币在去中心化的前提下维持价格稳定的核心在哪里？我们请来了TrustToken的co-founder Tory Reiss，通过近距离观察TrustToken的发展，以其发行的稳定币TrueUSD作为案例，来简要阐述如上问题。
纽约金融服务部批准了稳定币GUSD和PAX。而Tory也提及了TrustToken新上任的Chief Regulatory Officer, Alex C. Levine. Levine曾经在U.S. Commodity Futures Trading Commission 和U.S. Securities & Exchange作为高级法务人员就职，并负责TrustToken 和美国及国际监管部门在政策制定上的合作。区块链技术的特点之一是去中心化，而资产上链对第三方机构以及智能合约完善性的高度依赖使传统监管机构反而成为重要一环。
TrustToken Co-Founder 创始人：Tory Reiss
Are Stablecoins stable?
-- The Behind-scene stories of
TrustToken Co-Founder Tory Reiss
Tory Reiss, the co-founder, and the head of partnerships & corporate development in TrustToken, spoke with BlockTrain about the market of stablecoin and TrustToken's corporate strategies. The behind-scene stories reveal that the model structure, regulation, and liquidity are critical in the space of stablecoin.
On the firm's corporate strategies
Tory told BlockTrain that TrustToken's main competitive advantage was the exchange-free nature of the platform, which ensures that there's no conflict of interest with the traders. Every other USD stablecoin is controlled by a centralized exchange (Gemini, ItBit, Circle, etc), TrustToken works with all exchanges without strategically favoring any one, making its interest perfectly aligned with its traders and customers.
He also mentions that TrustToken's Chief Regulatory Officer and Head of Legal Affairs, Alex C. Levine, who held senior legal positions at the U.S. Commodity Futures Trading Commission and the U.S. Securities & Exchange Commission, helped the company in developing cooperative relationship with regulators in the US and abroad. TrustToken is taking a proactive strategy to partnering with regulators in designing better policies around stablecoins and security coin space to best benefit its customers.
On liquidity and inflation
Tether is currently suffering from a problem with liquidity. In response to Tether's problem, Tory assures smooth channels for purchasing and redeeming TrueUSD, the company's flagship stablecoin.
On the model that makes stablecoin stable
Tory recall that they decided to enter the market of stablecoin when Tether grew astronomically and they wanted to build a more reliable and safer alternative which is customer-focused. With this in mind, TrustToken created a model for stablecoin involving a third-party trust company, a third-party regulator, and a third-party accounting firm, and the pioneering design now has been used by many of its competitors including Circle and Paxos.
Speaking of the massive opportunities in the stablecoin market and a growing number of competitors entering the market, Tory mentions that TrustToken is financially prepared as they raised over 30 million USD from Andreessen Horowitz, BlockTower Capital, Danhua Capital, etc, and they view competition as the motivation to improve their product -- Having the largest market cap, and having received positive feedbacks from traders and investors, TrustToken has faith in building the most reliable, the safest, the most liquid, and transparent stablecoin.