加密貨幣行業將在本周慶祝，這是一項有爭議的Stablecoin法案，被稱為《天才法案》（Genius Act），在美國參議院的全部參議院面前進行了辯論。

本月初，一家阿布扎比投資公司宣布，它將使用全新的名為USD1的全新Stablecoin對加密貨幣交易所二進制進行20億美元的投資。

A controversial stablecoin bill dubbed the GENIUS Act has advanced to debate in the full U.S. Senate, the crypto industry is celebrating this week.

一個有爭議的穩定法案被稱為《天才法案》在美國參議院全面進行辯論，加密貨幣產業本周正在慶祝。

Earlier this month, an Abu Dhabi investment firm announced that it would be making a $2 billion investment in the cryptocurrency exchange Binance using a brand new stablecoin called USD1.

本月初，一家阿布扎比投資公司宣布，它將使用全新的名為USD1的全新Stablecoin對加密貨幣交易所二進制進行20億美元的投資。

Unlike risky cryptocurrencies with prices that fluctuate wildly and constantly, stablecoins are basically crypto tokens pegged to a more stable asset, like fiat currency such as the U.S. dollar. Crypto companies behind stablecoins typically profit based on interest rather than speculation. According to , the crypto firm behind USD1, World Liberty Financial, could make around $80 million annually off of a deal like the Abu Dhabi one.

與冒險的加密貨幣不同，價格越來越多地波動，Stablecoins基本上是將加密代幣固定在更穩定的資產上，例如菲亞特貨幣，例如美元。 Stablecoins背後的加密公司通常會根據利息而不是投機利潤。據《世界自由金融》（World Liberty Financial）背後的加密貨幣公司說，每年可能從阿布扎比（Abu Dhabi）這樣的交易中賺取約8000萬美元。

What makes this notable? For one, World Liberty Financial is majority owned by President Donald Trump and his family. Meanwhile, a first-of-its-kind stablecoin bill has just advanced in the Senate. And although some Democrats had hoped the bill would address this type of crypto profiteering from the Trump family, the bill is moving forward regardless.

是什麼使這個值得注意的？一方面，世界自由金融是唐納德·特朗普及其家人擁有的多數。同時，一項首要的穩定法案剛剛在參議院晉升。儘管一些民主黨人希望該法案能夠解決特朗普家族的這種加密盈利，但該法案無論如何都在進行。

The GENIUS Act advances in SenateOn Monday, in a 66-32 vote, the U.S. Senate advanced the GENIUS Act, a bill that sets up the first regulatory framework for stablecoins. In total, 16 Democrats joined the Republican majority to advance the bill. Two Republicans joined the opposing Democrats who voted against it.Just two weeks ago, the stablecoin bill was shot down by every Democratic senator, which stalled the legislation from moving forward. However, an amendment was added to the bill in an effort to appease some Democrats.

《天才法》週一在參議院上映，以66票對32票，美國參議院提出了《天才法》，該法案為穩定劑建立了第一個監管框架。總共16名民主黨人加入了共和黨多數派，以提出該法案。兩名共和黨人加入了反對民主黨人，他們投票反對。但是，該法案添加了一項修正案，以安撫一些民主黨人。

That amendment included new consumer protections and regulatory limits on companies that issue stablecoins. In addition, the amendment also extended ethics standards to special government employees, which would cover Elon Musk and Trump's AI and crypto czar David Sacks, as long as they hold their special government roles.

這一修正案包括對發行穩定公司的公司的新消費者保護和監管限制。此外，該修正案還將道德標準擴展到特別政府僱員，這將涵蓋Elon Musk和Trump的AI和Crypto Czar David Sacks，只要他們擔任特殊政府職務。

However, notably absent from the bill is any language that could definitively end President Trump's own crypto and stablecoin dealings.

但是，該法案中特別缺乏的是任何可以終止特朗普總統自己的加密貨幣和Stablecoin交易的語言。

What are critics of the GENIUS Act saying?The bill does include language that would "prohibit any member of Congress or senior executive branch official from issuing a payment stablecoin product during their time in public service.” However, Democrats opposing the bill say that the language doesn't go far enough to address the Trump family's stablecoin endeavors.

《天才法》的批評者是什麼？該法案確實包括“禁止國會議員或高級行政部門官員在公共服務期間發行付款Stablecoin產品”的語言。 ”但是，反對該法案的民主黨人說，該語言不足以解決特朗普家族的穩定努力。

Speaking from the Senate floor, Massachusetts Senator Elizabeth Warren said, “It doesn’t have to be this way. A bill that meaningfully strengthens oversight of the stablecoin market is worth enacting. A bill that turbocharges the stablecoin market, while facilitating the President’s corruption and undermining national security, financial stability, and consumer protection is worse than no bill at all.”

馬薩諸塞州參議員伊麗莎白·沃倫（Elizabeth Warren）在參議院的講話中說：“不必這樣。這項法案有意義地加強了對穩定市場的監督。該法案值得制定。一項法案，該法案使thebocharchard turbocharch turbocharch of stablecoin市場，同時促進了總統的腐敗和促進國家安全的穩定，而不是在國家安全，更糟的是，比起了更糟的是，比爾（Chandity Chandity Chandition Chandity）的穩定性，比爾（Chandition Caption）的穩定性更差，比爾（Callitabily）更糟的是，比爾（All Call Bill Bill Bill Call）在所有賬單上均在所有賬單上均提供了所有的保護。'''

In addition to the new stablecoin investment, Trump's memecoin $TRUMP has netted his crypto companies hundreds of millions of dollars in fees. In addition, Trump has offered special access to investors in his memecoin. Memecoins are different from stablecoins and would not be covered under this bill.

除了新的Stablecoin投資外，特朗普的Memecoin $特朗普還為他的加密貨幣公司贏得了數億美元的費用。此外，特朗普還為他的紀念品提供了特殊的訪問權。 Memecoins與Stablecoins不同，該法案不會涵蓋。

While some Democrats will be offering additional legislation to cover Trump's stablecoin project, it's unlikely to pass the Republican-controlled Senate.

儘管一些民主黨人將提供額外的立法來涵蓋特朗普的穩定項目，但不可能通過共和黨控制的參議院。