隨著參議院眼睛紀念日投票，Stablecoin法規會獲得緊迫性

美國參議院可能會在下週早在下週就可以通過一項關鍵的兩黨兩黨制定法案，該法案是指導和建立美國Stablecoins法案（Genius Act）的國家創新。

The U.S. Senate could pass a key bipartisan stablecoin bill as early as next week, after scrapping provisions that were linked to former President Donald Trump and drew criticism.

在取消與前總統唐納德·特朗普（Donald Trump）有關的規定並引起了批評之後，美國參議院最早可能會通過兩黨的穩定法案。

The Senate will vote on the Guiding and Establishing National Innovation for US Stablecoins Act, known as the GENIUS Act, possibly by Monday, May 26—Memorial Day in the U.S.—according to Republican Senator Cynthia Lummis, who helped spearhead the bill.

參議院將對指導和建立國家創新為美國穩定法案（稱為《天才法》法案）的國家創新，可能是5月26日星期一（在美國的記錄日），以​​共和黨參議員辛西婭·盧米斯（Cynthia Lummis）的身份獲得幫助，後者幫助率領該法案。

“I think that’s a fair target date to aim for,” Lummis said at a Consensus 2025 side event on Friday.

“我認為這是一個公平的目標日期，”盧米斯在周五的2025年共識中說。

The bill’s trajectory improved after Democrats pulled support last week over sections that could personally benefit Trump, including a memecoin, a stablecoin platform, and a crypto mining firm with plans to go public.

該法案上週對可能會受益於特朗普的部分支持，包括Memecoin，Stablecoin平台以及一家計劃公開計劃的加密貨幣礦業公司，該部門的軌跡得到了改善。

“When this language comes out, people will see really good refinement,” said Senator Kirsten Gillibrand, who appeared alongside Lummis at the event, referring to the Trump-linked provisions. “A lot of progress on things like consumer protection, bankruptcy protection, and ethics.”

“當這種語言出來時，人們會看到非常好的精緻。”參議員吉利布蘭德（Kirsten Gillibrand）在活動中與盧米斯（Lummis）一起出現，他指的是與特朗普有聯繫的規定。 “在消費者保護，破產保護和道德規範之類的事情上取得了很多進展。”

The changes come as Coinbase CEO Brian Armstrong called for swift action on stablecoin rules. The Coinbase chief urged Congress to quickly pass the bill and not let political distractions derail a bill intended to regulate the growing U.S. stablecoin sector.

隨著Coinbase首席執行官Brian Armstrong呼籲迅速採取對Stablecoin規則的迅速採取行動時，這些變化發生了。 Coinbase首長敦促國會迅速通過該法案，而不是讓政治干擾列出一項旨在規范美國穩定部門的法案。

“What I do think is important is that this bill remains focused on stablecoins,” Armstrong said during the event, which was hosted by Coinbase’s advocacy arm, Stand With Crypto.

“我認為重要的是，該法案仍然專注於穩定幣，”阿姆斯特朗在比賽中說，這是由Coinbase的倡導部門主持的，與加密貨幣站在一起。

Asked whether Trump’s memecoin or other crypto activities might impact the bill’s viability, Armstrong declined to comment directly.

當被問及特朗普的成員或其他加密活動是否可能影響該法案的可行性時，阿姆斯特朗拒絕直接置評。

“It’s not really my place to comment on President Trump’s activity,” he added.

他補充說：“這並不是我對特朗普總統的活動發表評論的地方。”

Coinbase donated $1 million to Trump’s 2017 inauguration fund. But asked whether the company would back any Trump-aligned crypto initiatives ahead of the 2026 midterms, Armstrong declined to comment.

Coinbase向特朗普的2017年就職基金捐贈了100萬美元。但是當被問及該公司是否會在2026年中期之前支持任何與特朗普一致的加密計劃時，阿姆斯特朗拒絕置評。

Earlier this month, Senate Democrats pulled support for the GENIUS Act, arguing that it included provisions that could benefit Trump personally. At Friday’s event, Gillibrand doubled down on this point, saying, “a lot of what President Trump is engaged in is already illegal.”

本月早些時候，參議院民主黨人對《天才法案》（Genius Act）取得了支持，認為它包括可以使特朗普個人受益的規定。在周五的活動中，吉利布蘭德在這一點上翻了一番，說：“特朗普總統從事的很多事情已經是非法的。”

Gillibrand added that the memecoin issued by Trump’s circle “is literally offering anyone who wants to curry favor with the administration to just send him money—that’s about as illegal as it gets.”

吉利布蘭（Gillibrand）補充說，特朗普圈子發行的紀念物“實際上是為任何想與政府求愛的人提供贈送金錢的人 - 這是違法的。”

The bill’s passage is being viewed as critical ahead of the midterms, with Marta Belcher, president of the Blockchain Association, warning that the legislative window is closing quickly.

與區塊鏈協會主席瑪塔·貝爾徹（Marta Belcher）警告說，立法窗口正在迅速關閉。

Speaking at the Consensus conference in Toronto on Friday, Belcher said the crypto industry may not get another chance to push stablecoin regulation before the midterms.

貝爾徹（Belcher）在周五在多倫多共識會議上發表講話時說，加密貨幣行業可能不會再有機會在中期之前推動Stablecoin監管。

“I strongly suspect that window is going to close very quickly,” Belcher said. “It’s absolutely critical that we get it through now, especially because there really is a real possibility that in the future we end up with an administration that is hostile to crypto.”

貝爾徹說：“我強烈懷疑窗戶會很快關閉。” “我們現在要通過它絕對至關重要，尤其是因為將來我們最終以一個對加密貨幣敵對的政府確實有可能。”

The bipartisan stablecoin bill is part of a broader package of legislation that Congress is aiming to pass before August, including a Republican-led crypto market structure bill. Both bills would need to be passed before Congress recesses in August for the legislation to be completed this year.

兩黨制定法案是國會旨在在八月之前通過的一項更廣泛立法的一部分，其中包括共和黨領導的加密貨幣市場結構法案。這兩項法案都需要在八月份國會裁判之前通過，以使該立法今年完成。

Chris Jonas, communications director at the Blockchain Association, added that once the legislative calendar enters the midterm year, “historically not a lot of legislation moves.”

區塊鏈協會的傳播總監克里斯·喬納斯（Chris Jonas）補充說，一旦立法日曆進入中期年，“從歷史上看，沒有很多立法的行動。”

The administration is also planning to sign both the stablecoin and market structure bills before the August break, according to Bo Hines, executive director of the Presidential Council of Advisers for Digital Assets.

總統數字資產顧問委員會執行董事Bo Hines表示，政府還計劃在8月休息之前簽署Stablecoin和市場結構法案。

Speaking at the same Consensus event on Friday, Hines said that, despite ongoing negotiations, “it’s the President’s desire” to finalize both packages in time.

海因斯（Hines）在周五的同一共識活動上發表講話時說，儘管進行了持續的談判，但“這是總統的願望”，即及時最終確定兩個套餐。

Hines did not comment on the ethics concerns that have been raised about Trump’s crypto businesses, but added that the administration supports regulatory clarity.

海因斯（Hines）沒有對特朗普的加密貨幣業務提出的道德問題發表評論，但補充說，政府支持監管性的清晰度。

“We’re really focused on trying to get legislation passed in this session of Congress, and we’re working very closely with members of Congress to try to make that happen,” he said.

他說：“我們確實專注於在本次國會會議上通過立法，我們與國會議員非常緊密地試圖實現這一目標。”

Gillibrand, meanwhile, attempted to separate the ethics debate from the bill’s core aim.

同時，吉利布蘭（Gillibrand）試圖將道德辯論與法案的核心目標區分開來。

“It’s not an ethics bill,” Gillibrand said. “If we were dealing with all President Trump’s ethics problems, it would be a very long and detailed bill.”

吉利布蘭德說：“這不是道德法案。” “如果我們要處理特朗普總統的道德問題，那將是一項漫長而詳盡的法案。”

Despite the political friction, bipartisan lawmakers and industry leaders now appear aligned on the urgency to regulate U.S. dollar-backed stablecoins. And with the midterms approaching, the crypto industry is racing against time—and political distractions—to secure foundational legislation.

儘管有政治摩擦，但兩黨的立法者和行業領導人現在似乎在規範以美元支持的穩定的緊迫性方面保持一致。隨著中期的臨近，加密貨幣產業正在與時間和政治干擾，以確保基礎立法。