It could also, if broadly adopted, vest unprecedented power in the hands of its issuer.

如果广泛使用，发行者还能得到前所未有权力。

As the issuer of the currency, the federal government can never run out of money.

作为货币发行者，联邦政府永远不会没钱。

Fortunately, at least some issuers seem prepared to give a helping hand.

幸运是，至少有些发行机构似乎准备伸出援手。

Issuers hope to cover themselves against low-probability outcomes with costs that could overwhelm them.

巨灾债券发行人希望为低概率事件给自己保险，这些事件带来损失可能是他们无法承受。

They include bars of gold stamped with the name of the issuer.

其中包括印有发行者名字金条。

Credit-card issuers in turn use miles to lure customers with bonuses.

信用卡发卡机构反过来用里程来吸引顾客。

" There are hundreds upon hundreds of issuers. You spread that risk around, because defaults do happen."

“有成千上百为发行人，你分散了风险，因为违约确实会发生。”

Mr Momtaz found that not only did issuers systematically overplay their tokens' prospects but that investors fell for it.

蒙塔兹发现，不仅发行者系统性地夸大了代币前，而且投资者也上当了。

That allows issuers to take advantage of growing optimism about their prospects to reissue bonds at lower interest.

这就允许债券发放者利用自身发展前好势头，以较低利率重新发放贷款.

On top of this, investors are now demanding enormous returns in exchange for protecting issuers against losses from secondary perils.

除此之外，投资者现在要求获得巨额回报，作为保护发行人免受次级危险所造成损失交换条件。

When you open up a credit card, the issuer is agreeing to lend you money.

当你开通一张信用卡时，发卡机构同意借给你钱。

The SEC has gone against the exchanges, not the token issuers themselves.

美国证券交易委员会针对是交易所，而不是代币发行方本身。

Another requirement for the issuer is that they need to maintain reserves.

发行方另一项要求是，他们需保持储备金。

You're one of the biggest ETF issuers here in the US.

您是美国最大交易所交易基金（ETF）发行商之一。

" There is a lot of basic blocking and tackling that can't get done, and that will impact a number of issuers."

“有大量基本障碍和问题都得不到解决，许多发行方都会因此受到影响。”

And it's really three camps, I think, emerging as I talk to issuers.

我认为，在与发行人交流时，确实出现了三大阵营。

A life insurance company would, in effect, become an issuer of bonds redeemable on fixed dates.

实际上，人寿保险公司将成为可在固定日期赎回债券发行人。

You'll see that online and also on the paper or PDF statements you get from your credit card issuer.

你会在在线账单以及信用卡发卡机构寄给你纸质或PDF账单上到这些信息。

Puerto Rico is the third-largest issuer of state and local debt in the United States. Only California and New York have more debt.

波多黎各是美国第三大州级和地方债发行者，比该州债务更多只有加州和纽约。

On July 4th the bank said it would " tilt" its corporate-bond buying towards issuers " with better climate performance" .

7 月 4 日，该银行表示将向“气候表现更好”发行人“倾斜”公司债券购买。