儘管最近遇到了挫折，但美國對Stablecoin發行人的立法可能正在辯論

儘管最近遇到了挫折，但美國規範Stablecoin發行人的立法可能會下週前往辯論和通過

Despite recent setbacks, U.S. legislation to regulate stablecoin issuers may be heading toward debate and passage next week, according to the backers of the bill known as the "Guiding and Establishing National Innovation for U.S. Stablecoins" (GENIUS) Act.

儘管最近遇到了挫折，但根據該法案的支持者稱，美國對Stablecoin發行人的立法可能正在下週進行辯論和通過。

“Next week, the Senate will make history when we debate and pass the GENIUS Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,” said Senator Hagerty, a Tennessee Republican who sponsored the bill to set U.S. standards for stablecoins, which are typically dollar-based tokens such as Circle's (COIN) USD Coin or Paxos' Pax Dollar.

田納西州共和黨參議員Hagerty說：“下週，參議院將在我們進行辯論和通過的天才行為時，建立了有史以來第一個促成付款穩定的監管框架。”

The latest draft of the bill began circulating this week, and a copy seen by CoinDesk showed language had been adjusted in modest ways to help satisfy Democrats concerned with consumer protection and national security elements. In one addition, the bill insisted the big public companies such as Meta (META) wouldn't be approved as issuers of the tokens, though consumer advocates cautioned that private companies such as Elon Musk's social media site X would be eligible.

該法案的最新草案本週開始流傳，Coindesk看到的副本顯示，已經以適度的方式調整了語言，以幫助滿足關心消費者保護和國家安全元素的民主黨人。該法案在另一項方面堅持認為，諸如META（META）之類的大型上市公司不會被批准為代幣的發行人，儘管消費者擁護者警告說，諸如Elon Musk的社交媒體網站X等私人公司符合資格。

Hagerty paired his statement with one from Senator Kirsten Gillibrand, the New York Democrat who has also pushed this legislation. Her sentiment carried what may have been a shade less confidence about the outcome, and the two lawmakers have ample reason to put a strong public face on a negotiation that's faced headwinds.

Hagerty將他的聲明與紐約民主黨參議員Kirsten Gillibrand的聲明相結合，他也推動了這項立法。她的情緒使對結果的信心降低了，這兩個議員有充分的理由將強烈的公眾面對面的面對面的談判面對逆風。

“Stablecoins are already playing an important role in the global economy, and it is essential that the U.S. enact legislation that protects consumers, while also enabling responsible innovations,” Gillibrand said in the statement, contending that "robust consumer protections" are included in the latest version. “The crafting of this bill has been a true bipartisan effort, and I’m optimistic we can pass it in the coming days.”

吉利布蘭德在聲明中說：“穩定幣已經在全球經濟中發揮了重要作用，美國必須制定保護消費者的立法，同時也可以實現負責任的創新。” “該法案的製作是一項真正的兩黨努力，我很樂觀，我們可以在未來幾天通過它通過。”

The Senate has experienced considerable volatility on the bill in the past two weeks, with its recent failure to clear a so-called cloture vote that would have moved it forward into a formal debate. It's headed toward a second vote on Monday in which it needs 60 votes to advance, which would need to include several Democrats. The Senate would then have some time to continue debating the language and possibly make changes before moving on to actually passing the bill.

在過去的兩周中，參議院在該法案上經歷了相當大的波動性，由於最近未能清除所謂的Cloture投票，該投票本來可以將其轉向正式辯論。週一，它需要進行60票才能提前投票，這將需要包括幾個民主黨人。然後，參議院將有一些時間繼續辯論該語言，並可能在繼續通過該法案之前進行更改。

Democrats had been critical of its potential for abuse and for stablecoin involvement from corporate giants, but the biggest stink has been raised around President Donald Trump's own interest in crypto businesses, including World Liberty Financial's stablecoin play.

民主黨人批評其遭受虐待的潛力和公司巨頭的穩定者的參與，但最大的臭味是圍繞唐納德·特朗普（Donald Trump）總統對加密貨幣業務的興趣，包括世界自由金融（World Liberty Financial）的Stablecoin Play。

A previous version of the bill had easily advanced out of the Senate Banking Committee with a bipartisan vote before some of the same Democrats that approved it later raised objections. But the Senate has more crypto-friendly Democrats in this session than the last, when the Senate Banking Committee denied any progress for crypto bills.

該法案的先前版本很容易從參議院銀行委員會中提出，兩黨投票在一些批准該委員會後來提出異議的同一民主黨人之前。但是，參議院在本次會議上比最後一次的民主黨人更具加密民主黨人，當時參議院銀行委員會否認加密法案的任何進展。

The House of Representatives is also working on its own version, which would have to be melded with the Senate's before Trump could sign the new standards into law. Representative French Hill, the Republican chairman of the House Financial Services Committee, acknowledged at Consensus 2025 in Toronto that Trump's crypto involvement has added friction to the lawmakers' negotiations.

眾議院還在製作自己的版本，在特朗普可以簽署新標準為法律之前，必須將其與參議院融為一體。眾議院金融服務委員會的共和黨主席法國山代表在多倫多共識2025年承認，特朗普的加密參與使立法者的談判增加了摩擦。