Genius Stablecoin Bill通過參議院投票66-32，邁向最終投票

美國參議院於2025年5月19日投票通過66-32票，以推進《天才斯塔布爾科因法案》，該法案正式題為《指導和建立美國穩定法》的國家創新。

The US Senate voted 66-32 on Friday to advance the GENIUS stablecoin bill, officially titled the Guiding and Establishing National Innovation for US Stablecoins Act, reports CCPolitics. The motion to invoke cloture passed, moving the bill to full debate on the Senate floor.

據CCPOLITICS報導，美國參議院以66-32投票通過了《天才Stablecoin法案》，正式命名為指導和建立美國Stablecoins法案的國家創新。召喚Cloture的動議通過了，將法案移至參議院的全面辯論。

The GENIUS stablecoin bill proposes a national regulatory structure for stablecoins, which are digital assets pegged to fiat currencies. The bill is focused on a market that is currently valued at nearly $250 billion and largely dominated by Tether's USDT and Circle's USDC.

Genius Stablecoin法案提出了針對穩定幣的國家監管結構，該結構是將數字資產固定到法定貨幣的數字資產。該法案的重點是目前價值近2500億美元的市場，並在很大程度上由Tether的USDT和Circle的USDC主導。

The motion received support from Democratic Senators Mark Warner, Adam Schiff, and Ruben Gallego, who previously opposed the bill. Their vote helped clear the procedural hurdle required for further discussion on the bill.

該動議得到了民主黨參議員馬克·華納，亞當·希夫和魯本·加勒戈的支持，後者以前反對該法案。他們的投票有助於清除有關該法案進一步討論所需的程序障礙。

Earlier this month, Democratic lawmakers blocked the GENIUS stablecoin bill over concerns about Donald Trump’s crypto involvement. Lawmakers, including Senators Elizabeth Warren, Bernie Sanders, and Raphael Warnock, expressed worries over possible conflicts of interest.

本月初，民主黨立法者封鎖了天才斯塔布爾科因法案，因為人們對唐納德·特朗普的加密參與的擔憂。包括參議員伊麗莎白·沃倫（Elizabeth Warren），伯尼·桑德斯（Bernie Sanders）和拉斐爾·沃諾克（Raphael Warnock）在內的議員們對可能的利益衝突表示擔憂。

Their opposition halted the bill’s progress, preventing it from reaching the Senate floor for full consideration.

他們的反對派停止了該法案的進步，阻止了該法案到達參議院的地板以進行全面考慮。

According to public records and market data from CoinGecko, Trump and his family have launched several crypto ventures. These ventures include a memecoin project, a digital asset platform, a crypto mining business preparing for a public listing, and a stablecoin called USD1.

根據Coingecko的公共記錄和市場數據，特朗普和他的家人發起了幾家加密貨幣。這些冒險包括一個Memecoin項目，一個數字資產平台，為公共上市做準備的加密礦業業務以及稱為USD1的Stablecoin。

USD1 has become the seventh-largest stablecoin in terms of market value, based on CoinGecko's rankings. As of May 10, it had a fully diluted valuation of $9.6 billion.

根據Coingecko的排名，就市場價值而言，USD1已成為市場價值的第七大穩定。截至5月10日，它的估值完全稀釋為96億美元。

This growth brought up concerns among senators over the bill’s implications for Trump’s financial interests.

這一增長引起了參議員對該法案對特朗普財務利益的影響的擔憂。

Senator Elizabeth Warren raised concerns about the legislation’s failure to address what she called Trump’s “crypto corruption.”

伊麗莎白·沃倫（Elizabeth Warren）參議員對該立法未能解決她所謂的特朗普的“加密腐敗”提出了擔憂。

“Trump and his family have already pocketed hundreds of millions of dollars from his crypto ventures, and they stand to make hundreds of millions more from his stablecoin, USD1, if this bill passes,” Senator Elizabeth Warren said.

參議員伊麗莎白·沃倫（Elizabeth Warren）說：“特朗普和他的家人已經從他的加密貨幣企業中賺到了數億美元，如果這項法案通過，他們將從他的穩定的USD1中賺到數億美元。”

However, Senator Mark Warner, who previously voted against the bill, threw his weight behind the motion to move the bill forward.

但是，以前對該法案投票的參議員馬克·華納（Mark Warner）將自己的權重推向了提出該法案前進的動議。

“We cannot allow that corruption to blind us to the broader reality: blockchain technology is here to stay. It is used every day by the military, by the Centers for Disease Control, and by our intelligence agencies,” Senator Mark Warner stated.

參議員馬克·華納（Mark Warner）說：“我們不能讓腐敗使我們對更廣泛的現實視而不見：區塊鏈技術將留在這裡。軍方，疾病控制中心和我們的情報機構每天都使用它。”

Senator Bill Hagerty introduced the GENIUS stablecoin bill on February 4. The proposed legislation imposes strict rules on issuers and aims to create a regulatory framework for these digital assets.

參議員比爾·哈格蒂（Bill Hagerty）於2月4日介紹了《天才斯塔布爾科因法案》。擬議的立法對發行人施加了嚴格的規定，並旨在為這些數字資產創建監管框架。

The bill mandates that all stablecoins be fully backed by reserve assets, which issuers must regularly submit to security audits. It also requires issuers to obtain approval from either federal or state regulators to issue digital assets.

該法案規定，所有穩定幣都得到儲備金的全部支持，發行人必須定期提交安全審計。它還要求發行人獲得聯邦或州監管機構的批准以簽發數字資產。

Only entities licensed to issue stablecoins under US law will be authorized to do so, and the legislation bans algorithmic stablecoins.

只有根據美國法律簽發穩定幣的實體才能授權這樣做，而立法禁止算法穩定性。

The GENIUS stablecoin bill builds on earlier policy drafts, including the Clarity for Payment Stablecoins Act, which was submitted in October by former Representative Patrick McHenry.

Genius Stablecoin法案建立在較早的政策草案上，包括《付款Stablecoins法案》，該法案於10月由前代表Patrick McHenry提交。

The House Financial Services Committee had been working on legislation to regulate stablecoins in recent months, but the initiative stalled due to disagreements among Republicans.

眾議院金融服務委員會近幾個月來一直在努力監管穩定幣，但由於共和黨人之間的分歧，該倡議停滯了。

Earlier this year, the House passed a bill to create a new digital asset regulatory program. However, the bill did not include any provisions related to stablecoins.

今年早些時候，眾議院通過了一項法案，以製定新的數字資產監管計劃。但是，該法案不包括與Stablecoins有關的任何規定。

As the Senate prepares for the next stage of discussion on the GENIUS stablecoin bill, the focus will shift to examining the bill’s language and enforcement mechanisms in greater detail.

當參議院為關於天才穩定法案的下一階段的討論做準備時，重點將轉移到更詳細地檢查法案的語言和執法機制。

Lawmakers will also continue their deliberations on the bill’s broader implications for the US financial system and the rapidly evolving landscape of digital assets.

立法者還將繼續審議該法案對美國金融體系和數字資產迅速發展的景觀的更廣泛影響。