CBSR · 证据资料库
美国 → 欧盟稳定币通道证据 | CBSR
核对美国 → 欧盟有向通道的目的地门槛、I 类快照结论、来源依据与复核局限。
这一方向为什么重要
美国→欧盟例子为 I 类，涉及 MiCA 许可与规模机制。已提交分类依据使用更正后的第 23 条并列门槛：每日一百万笔且二亿欧元，并按来源规则衡量；这与一条历史记录摘要保留的 or 措辞不同。
目的地门槛：快照原文
MiCA EMT authorization wall + Article 58(3) means-of-exchange cap
A non-EUR token faces enhanced reporting and, once significant and used as a means of exchange, the Article 58(3) ceiling (one million transactions/day and EUR 200m/day — both thresholds, per MiCA Art. 23(1) applied mutatis mutandis; EBA operative methodology pending). A EUR sister EMT via a MiCA-authorized issuer avoids the cap.快照记录的主管机构：EBA / national competent authorities
分类依据与来源依赖
MiCA authorization wall (Titles III/IV) with the Art. 58(3) means-of-exchange ceiling extending Arts. 22/23/24(3) mutatis mutandis to EMTs denominated in a non-Member-State currency. Art. 23(1) is CONJUNCTIVE: 1,000,000 transactions/day AND EUR 200,000,000/day (quarterly average).有向边与无向配对的区别
来源明确区分无向配对与有向边的约束交互集。本方向的交互集为 A, C, D
Directed-edge operative interaction sets (Corridor Atlas v0.2.5 §5, read at the destination inbound gate for THIS direction) differ from the undirected pairwise sets (Architecture §5.14). The Atlas generalizes the §5.12/§5.14 undirected pairs into directed edges and re-derives the operative interaction sets per direction; the compatibility CATEGORY agrees, the interaction-set list may differ by direction. This divergence is declared, not silent.
来源与局限
- 已提交通道 JSON 原始文件
- 通道分析源文件
- CBSR 记录的底层监管来源
- Fan, Cross-Border Digital-Finance Corridor Atlas v0.2.5 (June 2026), §5.1 (United States -> European Union)
- Fan, Cross-Border Stablecoin Architecture v3 (Twelve Jurisdictions, June 2026), §5.14 (EU x US: Category I/II hybrid — undirected §5.14 pair; see this edge's `divergence` field)
分析叙述或基础设施试验不证明已经取得业务准入。类别属于有日期的研究输出，不是牌照、执行批准或结算可用性保证。来源复核缺口继续保留在关联的法域记录中。