特朗普總統的加密顧問戴維·薩克斯（David Sacks）解釋了《天才法案》如何在國庫中解鎖“數万億”

特朗普總統的加密顧問戴維·薩克斯（David Sacks）最近在他關於天才法案的陳述中再次成為頭條新聞。

President Trump’s crypto advisor David Sacks recently made headlines again over his statement about the GENIUS Act stablecoin bill. The bill which was introduced in February this year was focused on providing regulatory clarity for stablecoins in the U.S.

特朗普總統的加密顧問戴維·薩克斯（David Sacks）最近在他關於天才法案法案的聲明中再次成為頭條新聞。今年2月提出的該法案專注於在美國提供法規清晰度

Recently, there was a surge in chatter on the GENIUS Act Stablecoin bill as analysts and key figures shared their thoughts on the legislation. Among them was David Sacks who noted during a recent CNBC interview that if approved, the bill would pave the way for aggressive U.S treasuries demand.

最近，由於分析師和關鍵人物分享了他們對立法的看法，因此《天才法案》法案的chat不休激增。其中的是戴維·薩克斯（David Sacks），他在最近的一次CNBC採訪中指出，如果獲得批准，該法案將為美國國債的積極鋪平道路。

Sacks’ statement elaborated on how the bill would require issuers to invest in low-risk assets, such as U.S treasury bills, to back their stablecoins.

薩克斯（Sacks）的聲明詳細闡述了該法案如何要求發行人投資低風險資產，例如美國財政賬單，以支持他們的穩定資產。

However, the bill was currently rendering U.S treasuries less attractive due to several factors. Earlier this month, Moody’s downgraded the U.S credit rating from Aaa to Aa1. The move sparked concerns among investors who pointed out that the situation was putting pressure on the U.S to reduce its debt.

但是，該法案目前正在使我們的國債由於多個因素而降低了吸引力。本月初，穆迪將美國的信用評級從AAA降至AA1。此舉引發了投資者的擔憂，他們指出，這種情況正向美國施加壓力，要求減少債務。

The U.S treasuries were also becoming less appealing after the country instigated a tariff war which was slowly pushing creditors away.

在該國煽動一場關稅戰爭之後，美國國債也變得越來越降低，該戰爭正在慢慢推動債權人。

How The Bill Could Alleviate Pressure

法案如何減輕壓力

Sacks added that once the bill becomes law, stablecoins could manifest trillions of dollars in treasuries demand. In turn, this outcome would support the dollar and ease some of the debt pressure experienced recently.

薩克斯補充說，一旦法案成為法律，穩定幣可能會在國庫需求中表現出數万億美元。反過來，這種結果將支持美元並緩解最近遇到的一些債務壓力。

One of the stipulations in the bill was that issuers were required to back their stablecoins with low-risk assets such as U.S treasury bills. A move that would ensure integration into the traditional finance market and potentially enable institutional adoption.

該法案中的一項規定是，發行人必須以低風險資產（例如美國國庫賬單）來支持其穩定幣。這一舉動將確保融入傳統的金融市場並有可能使機構採用。

In addition, the bill may allow the U.S government to secure a broader reach across the globe for bond investment. Especially considering the recent tokenization developments pertaining to tokenized treasuries.

此外，該法案可能允許美國政府在全球範圍內獲得更廣泛的債券投資。特別是考慮到與令牌化的國庫有關的最近的令牌化發展。

We recently highlighted the launch of tokenized treasuries by JPMorgan and Chainlink. Recent reports revealed that tokenized treasuries had already surpassed $7 billion in TVL.

最近，我們強調了摩根大通和Chainlink的代幣化國庫。最近的報導顯示，令牌化的國庫已經超過了70億美元的TVL。

The recent tokenized growth confirmed that the U.S government may be putting itself in a position to benefit from tokenized RWAs. It will thus be full steam ahead if the stablecoin bill is passed into law.

最近的標記增長證實，美國政府可能會使自己從令牌化的RWA中受益。因此，如果穩定法案已通過法律，它將充分發揮作用。

Stablecoin Maintains Steady Growth Into New Highs

Stablecoin保持穩定的增長為新的高點

The U.S government’s push into tokenized U.S treasuries through stablecoins underscored opportunities for stablecoin issuers. It may be part of the reasons behind the accelerating growth observed recently.

美國政府通過Stablecoins推動了穩定發行人的機會，推動了美國國債。這可能是最近觀察到的加速增長背後原因的一部分。

Tether was already one of the most profitable companies in 2024, during which it generated over $13 billion worth of profits. For context, its profitability was right up there with global heavy hitters such as BlackRock. The tokenized treasuries segment could unlock even more revenue-generating opportunities.

Tether已經是2024年最有利可圖的公司之一，在此期間，它創造了價值超過130億美元的利潤。就背景而言，它的盈利能力就在貝萊德等全球重型擊球手中就在那裡。令牌化的國債可以釋放更多的創收機會。

Tether and other stablecoin issuers recently ramped up their stablecoin supply pushing past $245 billion. For context, the total stablecoin marketcap gained almost $3 billion in the last 7 days.

Tether和其他Stablecoin發行人最近提高了他們的Stablecoin供應量，推高了2450億美元。在上下文中，在過去的7天中，Stablecoin MarketCap的總股獲得了近30億美元。

Tether’s USDT maintained dominance above 62%. But despite his solid lead, the stablecoin segment continued to grow and not just in the U.S but also beyond American borders.

Tether的USDT保持優勢超過62％。但是，儘管他的領先優勢穩定，但Stablecoin領域仍在繼續增長，而不僅在美國，而且在美國邊界之外。

Brazil’s FX bank Braza Group recently joined the trend with the launch of its new USDB. In addition, the Brazilian banking group selected the XRP ledger as the blockchain to host the new stablecoin.

巴西FX銀行Braza Group最近通過推出了新的USDB加入了這一趨勢。此外，巴西銀行集團選擇了XRP Ledger作為主持新Stablecoin的區塊鏈。

The move was in line with the ongoing trend where banks across the world have been integrating stablecoins into their offerings. In addition, it highlighted the partnership between Ripple and banks, and in this case the two were brought together by a launch. These developments were confirmation that stablecoins were at the forefront of crypto adoption.

此舉與正在進行的趨勢一致，世界各地的銀行一直在將Stablecoins整合到他們的產品中。此外，它強調了Ripple和Banks之間的伙伴關係，在這種情況下，兩者通過發布會匯集在一起​​。這些事態發展證實，穩定劑處於採用加密貨幣的最前沿。