參議院已投票通過立法前進，以規範一種稱為Stablecoins的加密貨幣形式

參議院已投票通過立法前進，以規範一種稱為Stablecoins的加密貨幣形式，民主黨阻止了這一措施。

The Senate has voted to move forward with legislation that would regulate a form of cryptocurrency called stablecoins, setting the stage for a vote on the bill amid a broader push by President Donald Trump to promote the industry.

參議院已投票通過立法前進，該立法將規範一種稱為Stablecoins的加密貨幣形式，為唐納德·特朗普總統在更廣泛的推動下促進該行業的推動力，為該法案進行投票奠定了基礎。

Monday’s 66-32 procedural vote keeps one of Trump’s top legislative priorities on track for passage and highlights the growing political strength of the cryptocurrency industry, which spent heavily in last year’s election and has amassed a large war chest for next year’s midterms. Several Democrats reversed and voted to move forward with the legislation after negotiations with Republicans in recent days.

週一的66-32個程序投票使特朗普的最高立法優先事項有望通過，並突出了加密貨幣行業日益增長的政治實力，該行業在去年的選舉中大量花費了大量的政治力量，並在明年的中期積累了一個大的戰爭箱。最近幾天與共和黨人進行談判後，幾位民主黨人扭轉了立法。

The fate of the legislation, which would regulate how stablecoin issuers operate in the U.S., had been uncertain in recent weeks despite early bipartisan support. Senate Democrats blocked it earlier this month in part over concerns about how Trump and his family were benefiting from private crypto endeavors, including a newly launched stablecoin.

該立法的命運將規範確定性發行人在美國的運作方式，儘管兩黨早期支持，但最近幾週仍不確定。參議院民主黨人在本月初對特朗普和他的家人如何從私人加密貨幣中受益的擔憂（包括新推出的Stablecoin）所關注。

Republicans won support from Democrats after strengthening regulations on foreign issuers, beefing up enforcement and barring large tech companies like Meta and Google from issuing their own stablecoins. The Senate will now consider the bill and could vote on final passage as soon as this week, depending on the number of amendments offered by Democrats and Republicans.

共和黨人在加強了對外國發行人的法規，加強執法並禁止像梅塔（Meta）和谷歌（Google）這樣的大型科技公司發行自己的穩定公司之後，贏得了民主黨人的支持。參議院現在將考慮該法案，並可以在本週的最終通過中投票，具體取決於民主黨和共和黨人提供的修正案數量。

Still, Democrats were divided on the legislation. Massachusetts Sen. Elizabeth Warren and others have said the bill could help Trump enrich himself and needs stronger protections.

儘管如此，民主黨人仍在立法上分歧。馬薩諸塞州參議員伊麗莎白·沃倫（Elizabeth Warren）和其他人表示，該法案可以幫助特朗普豐富自己，需要更強大的保護。

“Unfortunately, the final bill does nothing — nothing — to rein in the President’s crypto corruption,” Warren said ahead of the bill’s passage. She said the legislation would “accelerate Trump’s corruption by supercharging the size of the stablecoin market” and make Trump “the regulator of his own financial product.”

沃倫在該法案的通過前說：“不幸的是，最後的法案什麼也沒做任何事情來阻止總統的加密腐敗。”她說，這項立法將“通過增強穩定市場的規模來加速特朗普的腐敗”，並使特朗普“他自己的金融產品的監管者”。

Negotiators added tougher ethics rules for members of Congress and the executive branch, including preventing members of Congress from issuing stablecoins. But Warren and several other Democrats said it wasn’t enough. “This Congress should be a check on the president,” Warren said.

談判者為國會議員和行政部門增加了更嚴格的道德規則，包括阻止國會議員發行穩定的人。但是沃倫和其他幾個民主黨人說這還不夠。沃倫說：“該國會應該是對總統的核對。”

The bill would aim to create a federal framework to regulate the stablecoin industry, which is currently governed by a patchwork of existing federal and state laws.

該法案旨在建立一個聯邦框架來規範Stablecoin行業，該行業目前受現有聯邦和州法律的拼湊而成。

Stablecoins are a fast-growing corner of the cryptocurrency industry that have produced enormous profits for some of the major players involved. They offer a buffer from cryptocurrency’s notorious volatility because they are pegged to real-world assets, like U.S. dollars or gold. Typically, that means a single stablecoin is worth $1, making them a much more reliable digital asset for commercial transactions than other forms of crypto.

Stablecoins是加密貨幣行業的一個快速增長的角落，為一些主要參與者帶來了巨大的利潤。他們提供了加密貨幣臭名昭著的波動性的緩衝，因為它們與美元或黃金等現實世界中的資產掛鉤。通常，這意味著單個穩定的價值為1美元，使其比其他形式的加密貨幣更可靠的商業交易數字資產。

The move to regulate the industry has been bipartisan, but Trump’s involvement in the crypto industry complicated the legislation’s path. Trump launched a meme coin earlier this year that has generated more than $320 million in fees for its creators, according to the blockchain analysis firm Chainalysis. And he is set to attend a dinner May 22 that’s open to almost anyone who buys enough of the coins.

規範該行業的舉動是兩黨，但特朗普參與加密行業使立法的道路變得複雜。根據區塊鏈分析公司的鏈分析，特朗普今年早些時候推出了一枚模因硬幣，為其創作者帶來了超過3.2億美元的費用。他將於5月22日參加晚餐，幾乎所有購買了足夠的硬幣的人開放。

Another Trump-family linked crypto venture called World Liberty Financial recently announced that it was issuing its own stablecoin, called USD1. The stablecoin got a huge boost when World Liberty Financial announced last week that an investment fund in the United Arab Emirates would be using $2 billion worth of USD1 to purchase a stake in Binance, the world’s largest cryptocurrency exchange.

另一個名為World Liberty Financial的特朗普家庭聯繫的加密貨幣公司最近宣布，它正在發行自己的Stablecoin，稱為USD1。當世界自由金融上周宣布，阿拉伯聯合酋長國的投資基金將利用價值20億美元的USD1購買Binance（全球最大的加密貨幣交易所Binance）的股份時，Stablecoin得到了巨大的推動。

A former skeptic turned zealous promoter, Trump has promised to usher in a golden age for the cryptocurrency industry. His administration has already taken many early actions without Congress to boost crypto, including establishing a strategic bitcoin reserve and undoing previous enforcement actions. But Trump needs Congress to get some of his and the deep-pocketed industry’s top priorities passed, including enacting the stablecoin legislation.

特朗普是一個前懷疑論者的熱心推動者，他承諾將為加密貨幣行業帶來黃金時代。他的政府已經採取了許多早期行動，而沒有國會來提高加密貨幣，包括建立戰略性比特幣儲備和撤銷以前的執法行動。但是，特朗普需要國會來使他和沈重的行業的首要任務通過，包括制定穩定立法。

Democratic supporters of the legislation argued that Congress can’t step aside just because of Trump’s involvement in the market.

立法的民主支持者認為，國會不能僅僅因為特朗普參與市場而辭職。

“The stablecoin market has reached nearly $250 billion and the U.S. can’t afford to keep standing on the sidelines,” said Virginia Sen. Mark Warner, one of the lead Democratic negotiators on the legislation. “We need clear rules of the road to protect consumers, defend national security, and support responsible innovation.”

弗吉尼亞州參議員馬克·沃納（Mark Warner）表示：“斯塔布爾幣市場已達到近2500億美元，美國無力繼續保持場外。” “我們需要明確的道路規則來保護消費者，捍衛國家安全並支持負責任的創新。”