美國穩定法案在參議院仍然停滯不前，但數字商會認為延遲是暫時的。

該法案正式命名為指導和建立2025年美國穩定法的國家創新，或Genius Act，未能在5月8日通過程序投票。

Key Insights:

關鍵見解：

* The U.S. stablecoin bill, known as the GENIUS Act, is expected to return to the Senate floor for a final vote within the next few weeks, predicts the Digital Chamber.

*美國數字商會預測，美國穩定法案被稱為《天才法》，預計將在接下來的幾週內返回參議院進行最後的投票。

* The bill, which stands for "Guiding and Establishing National Innovation in U.S. Stablecoins of 2025," failed to pass a procedural vote on May 8, but industry figures say it should be recirculated soon with bipartisan support.

*該法案代表“指導和建立2025年美國穩定的國家創新”，未能在5月8日通過程序投票，但行業人士表示，應在兩黨支持下很快再循環。

* After several Democratic senators pulled their support for the bill, a revised version has been drafted to remove any mention of the Trump family, aiming to increase the chances of a full vote before the end of May.

*在數名民主黨參議員對該法案的支持之後，已經起草了一個修訂版本，以取消對特朗普家族的任何提及，旨在增加5月底之前進行全額投票的機會。

* As Congress stalls on the GENIUS Act, one U.S. territory, the island of Tinian in the Northern Mariana Islands, has passed a local bill to issue a stablecoin called the Marianas US Dollar (MUSD).

*隨著國會對《天才法案》的攤位，美國北部瑪麗安娜群島的蒂尼安島一個美國領土已通過了一項當地法案，簽發了一個名為Marianas Us Dollar（MUSD）的Stablecoin。

* The token, which will be backed by cash and U.S. Treasury bills and run on the eCash blockchain, could launch as early as July, making Tinian the first public U.S. entity to issue a stablecoin.

*該代幣將得到現金和美國國庫券的支持並在Ecash區塊鏈上運行，最早可能會在7月推出，這使Tinian成為美國第一個發布Stablecoin的公共實體。

The Digital Chamber believes that the delay in the U.S. Senate vote on the stablecoin bill, formally titled the GENIUS (Guiding and Establishing National Innovation in U.S. Stablecoins of 2025) Act, is temporary and the legislation will move forward in the next few weeks.

數字商會認為，美國參議院對Stablecoin法案的延誤是正式的題為《天才》（指導和建立2025年美國穩定的國家創新）法案，是暫時的，該立法將在接下來的幾週內繼續前進。

Speaking at Consensus 2025, Cody Carbone, chief policy officer at the Washington, D.C.-based blockchain advocacy group, responded to a question about the bill's status.

在2025年共識時，位於華盛頓特區的區塊鏈倡導組織Cody Carbone回答了有關該法案地位的問題。

"Yes, it's a bump in the road, but very, very shortly, we will have another vote on the bill and it will pass the Senate and the House and the President will sign it, and we will have stablecoin regulation in the United States," Carbone stated.

卡波恩說：“是的，這是道路上的顛簸，但是很快，我們將對該法案進行另一票，它將通過參議院，眾議院，總統將簽署，我們將在美國進行Stablecoin法規。”

The setback follows growing partisan tension in Washington, where several Democratic lawmakers pulled support for the GENIUS Act.

挫折是在華盛頓越來越多的黨派緊張局勢之後，幾位民主黨立法者對《天才法》的支持。

Reports suggest that the Democrats are wary of President Donald Trump's deepening involvement in crypto markets, particularly his engagement in the memecoin space and NFT sector, which has drawn ethics concerns.

報導表明，民主黨人對唐納德·特朗普總統的加入加密市場的加深參與保持警惕，尤其是他參與Memecoin Space和NFT部門，這引起了道德問題的關注。

Some Democrats have also accused Republicans of using stablecoin regulation to push pro-Trump digital asset agendas.

一些民主黨人還指責共和黨人使用Stablecoin法規來推動親特朗普數字資產議程。

"It’s no secret that the MAGA agenda is focused on rolling back consumer protections and deregulating Wall Street," a Democratic aide told Politico.

一位民主黨助手告訴Politico：“雜誌議程專注於退縮消費者的保護並放棄華爾街，這已經不是什麼秘密了。”

"That agenda is now reaching new highs with the GOP’s attempt to jam through a last-minute, hastily written stablecoin bill that would create a regulatory framework for crypto in the United States."

“該議程現在正在達到新的高點，因為共和黨試圖通過最後一刻，匆忙書寫的Stablecoin法案來創造一個在美國為加密貨幣創建監管框架的法案。”

The sudden stall of the bill drew backlash from Republican lawmakers. Senator Tim Scott, a leading GOP voice on financial services, accused Democrats of sabotaging the bill to avoid giving Trump credit for digital asset regulation.

該法案的突然攤位引起了共和黨議員的反對。參議員蒂姆·斯科特（Tim Scott）是金融服務的領先聲音，指責民主黨人破壞該法案，以避免對特朗普對數字資產監管的信譽。

"The bipartisan support for the GENIUS Act is well-known," Scott argued. "Stripping references to the Trump family from the bill could help revive support for the legislation."

斯科特說：“兩黨對天才行為的支持是眾所周知的。” “從該法案中剝離對特朗普家族的參考可以幫助恢復對立法的支持。”

Sources indicate that the revised version of the bill, which is being circulated to senators this week, removes any mention of Trump to increase the chances of a full vote before the end of May.

消息來源表明，該法案的修訂版本週被散發給參議員，該法案刪除了提及特朗普的任何提及，以增加5月底之前全額投票的機會。

Industry executives align with that view. Without the distraction of partisan framing, the bill can regain traction and pass ahead of the 2026 midterm election cycle.

行業高管與這種觀點保持一致。沒有黨派框架的分心，該法案可以恢復牽引力並在2026年中期選舉週期之前通過。

"We're hearing it could be as early as next week for another vote on the GENIUS Act," an executive at a major crypto bank told Blockworks. "There's hope that it could pass before the 2026 election, which would be ideal."

一位主要加密銀行的一位高管告訴Blockworks：“我們聽說可能最早在下週對《天才法》進行另一次投票。” “希望它能在2026年大選之前通過，這是理想的。”

The bill's sudden stall drew criticism from Republicans. Senator Tim Scott, a leading GOP voice on financial services, accused Democrats of sabotaging the bill to avoid giving Trump credit for digital asset regulation.

該法案的突然攤位引起了共和黨人的批評。參議員蒂姆·斯科特（Tim Scott）是金融服務的領先聲音，指責民主黨人破壞該法案，以避免對特朗普對數字資產監管的信譽。

"The bipartisan support for the GENIUS Act is well-known," Scott argued. "Stripping references to the Trump family from the bill could help revive support for the legislation."

斯科特說：“兩黨對天才行為的支持是眾所周知的。” “從該法案中剝離對特朗普家族的參考可以幫助恢復對立法的支持。”

Sources indicate that the revised version of the bill, which is being circulated to senators this week, removes any mention of Trump to increase the chances of a full vote before the end of May.

消息來源表明，該法案的修訂版本週被散發給參議員，該法案刪除了提及特朗普的任何提及，以增加5月底之前全額投票的機會。

Industry executives align with that view. Without the distraction of partisan framing, the bill can regain traction and pass ahead of the 2026 midterm election cycle.

行業高管與這種觀點保持一致。沒有黨派框架的分心，該法案可以恢復牽引力並在2026年中期選舉週期之前通過。

"We're hearing it could be as early as next week for another vote on the GENIUS Act," an executive at a major crypto bank told Blockworks. "There's hope that it could pass before the 2026 election, which would be ideal."

一位主要加密銀行的一位高管告訴Blockworks：“我們聽說可能最早在下週對《天才法》進行另一次投票。” “希望它能在2026年大選之前通過，這是理想的。”

As Congress struggles to pass the GENIUS Act, one U.S. territory has taken matters into its own hands.

隨著國會努力通過《天才法》，一個美國領土掌握在自己手中。

The island of Tinian, part of the Northern Mariana Islands, passed a local bill to issue a

北瑪麗安娜群島一部分的蒂尼安島通過了一項當地法案，發表了