Coinbase，Circle和Stablecoin法案：天才的舉動？

天才行為可能是Coinbase和Circle的遊戲規則改變者，為Stablecoin統治鋪平了道路。炒作是正當的嗎？讓我們潛水。

The buzz around Coinbase (COIN), Circle (CRCL), and the Stablecoin bill (GENIUS Act) is deafening. With potential regulation changes on the horizon, things are heating up for these players in the crypto world. This bill seeks to require stablecoin issuers to have full asset backing, monthly reserve disclosures and yearly audits for those with over $50 billion in market capitalization. Let's break down what's happening.

Coinbase（Coin），Circle（Crcl）和Stablecoin法案（Genius Act）周圍的嗡嗡聲震耳欲聾。隨著地平線的潛在調節變化，加密貨幣世界中的這些參與者正在加熱。該法案試圖要求Stablecoin發行人對擁有超過500億美元市值的人的全額資產支持，每月儲備披露和年度審計。讓我們分解發生的事情。

The GENIUS Act: A Win for Coinbase and Circle?

《天才法》：贏得冠軍和圈子？

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act has crypto enthusiasts buzzing, and for good reason. The Senate's approval of the bill sent shares of both Coinbase and Circle soaring. Circle's shares jumped significantly, and Coinbase also saw a notable rise. This bill establishes the first federal regulatory framework around stablecoin issuance.

指導和建立國家創新為美國穩定者（Genius）法案（Genius Act）具有加密愛好者的嗡嗡作響，這是有充分理由的。參議院對該法案的批准發送了Coinbase和Circle Soaring的股票。 Circle的股票大幅提高，Coinbase也顯著上升。該法案建立了圍繞Stablecoin發行的第一個聯邦監管框架。

Why the excitement? The GENIUS Act allows non-banks to issue stablecoins, a major boon for Coinbase due to its partnership with Circle, the company behind USD Coin (USDC). Coinbase earns a significant chunk of revenue from USDC, making the GENIUS Act potentially very lucrative for them.

為什麼興奮？ 《天才法案》允許非銀行簽發Stablecoins，這是Coinbase的主要福音，因為它與USD Coin（USDC）背後的公司Circle的合作夥伴關係。 Coinbase從USDC中賺取了很大一部分收入，這使天才對他們來說可能非常有利可圖。

Circle's Wild Ride

圈子的狂野騎行

Circle's performance has been nothing short of spectacular. Since going public, their shares have skyrocketed, fueled by positive analyst ratings and the GENIUS Act's progress. Analysts are incredibly bullish on Circle, viewing it as a "TAM/adoption" story. They predict the stablecoin market will explode in the coming years.

Circle的表現簡直令人嘆為觀止。自上市以來，他們的股票飆升，在積極的分析師評級和《天才法案》的進步之前。分析師在圈子上的看法令人難以置信，將其視為“ TAM/收養”故事。他們預測，Stablecoin市場將在未來幾年爆炸。

The House Still Has a Say

房子仍然說

Before we pop the champagne, remember that the House of Representatives needs to pass a version of the bill and reconcile it with the STABLE Act. The STABLE Act is generally less favorable to companies like Coinbase, imposing greater restrictions in certain areas. One of the main differences between the bills regards the issuance of stablecoins by non-financial companies. The final legislation could impact how much Coinbase benefits.

在我們彈出香檳之前，請記住，眾議院需要通過該法案的版本並將其與穩定的行為進行調和。穩定的行為通常不利於Coinbase等公司，在某些領域施加更大的限制。法案之間的主要區別之一是非金融公司發行了穩定的股幣。最終立法可能會影響共同基礎的收益。

The Big Picture: Stablecoins Are Here to Stay

大局：Stablecoins在這裡留下來

Regardless of the final details of the stablecoin bill, one thing is clear: stablecoins are gaining legitimacy. Analysts predict massive growth in the stablecoin market, potentially reaching trillions of dollars in the coming years. This growth potential, combined with favorable government policies, positions Coinbase and Circle for significant success.

無論穩定法案的最終細節如何，都很明顯：Stablecoins正在獲得合法性。分析師預測，在未來幾年中，Stablecoin市場的巨大增長可能會達到數万億美元。這種增長潛力，加上有利的政府政策，立場Coinbase和Circle，以取得巨大的成功。

So, What's the Catch?

那麼，捕獲量是什麼？

While the future looks bright, it's crucial to remember that the regulatory landscape is constantly evolving. Increased regulation could lead to higher compliance costs. It is important to acknowledge potential downsides and unexpected turns in the crypto world.

雖然未來看起來明亮，但要記住，監管景觀一直在不斷發展，這一點至關重要。法規的增加可能導致更高的合規成本。重要的是要承認加密世界中潛在的弊端和意外轉變。

Final Thoughts: Buckle Up!

最終想法：搭扣！

The GENIUS Act has injected a shot of adrenaline into Coinbase and Circle. While there are still hurdles to clear, the momentum is undeniable. Keep an eye on how the House handles the bill – it could determine just how much these companies benefit. One thing's for sure: the stablecoin space is about to get a whole lot more interesting. Now, if you'll excuse me, I'm off to check my crypto portfolio... wish me luck!

《天才法》將腎上腺素的鏡頭注入了共同基礎和圓圈中。雖然仍然有障礙可以清除，但勢頭是不可否認的。請密切關注房屋如何處理賬單 - 它可以確定這些公司受益多少。可以肯定的是：Stablecoin空間即將變得更加有趣。現在，如果您能原諒我，我要去檢查我的加密貨幣組合...祝我好運！