Stablecoin Revolution：錨定數字，Ethena Labs和Genius Act

Anchorage Digital和Ethena Labs推出了USDTB，這是第一個符合《天才法》的Stablecoin

Hold onto your hats, folks! The stablecoin world is about to get a whole lot more interesting. With the GENIUS Act now in effect, we're seeing some major moves that could reshape the future of digital finance. The most interesting thing is Anchorage Digital and Ethena Labs have teamed up to launch USDtb, a U.S. version of their offshore stablecoin.

抓住你的帽子，伙計們！ Stablecoin世界將變得更加有趣。隨著《天才行為》的實際生效，我們看到了一些重大數字融資未來的主要舉動。最有趣的是，Anchorage Digital和Ethena Labs合作推出了USDTB，這是美國近海Stablecoin的美國版本。

The GENIUS Act: A Game Changer?

天才法案：改變遊戲規則的人？

So, what's the GENIUS Act all about? Basically, it's designed to bring some much-needed regulatory clarity to the stablecoin space. Think of it as the government finally saying, "Okay, crypto, we see you. Let's make sure we're playing by the rules." This act aims to provide a regulated environment for stablecoin issuance, potentially fueling institutional adoption and innovation.

那麼，天才的行為是什麼？基本上，它旨在為Stablecoin空間帶來一些急需的調節性清晰度。將其視為政府終於說：“好吧，加密貨幣，我們見到你。讓我們確保我們按照規則進行比賽。”該法案旨在為穩定發行提供一個受管制的環境，並有可能加劇機構採用和創新。

Since its passage, the stablecoin market cap has seen a serious surge, and even big players like Bank of America, JPMorgan, and Citigroup are sniffing around the idea of launching their own dollar-pegged stablecoins. Talk about a party!

自從其通過以來，Stablecoin市值已經發生了嚴重的激增，甚至像美國銀行，摩根大通和花旗集團這樣的大型參與者都在嗅到自己發起自己的Dollar Peggggggggggggggggggggggggggggggggggnep ogggggeggeggecoins的想法。談論聚會！

Anchorage Digital and Ethena Labs: A Power Couple

錨地數字和埃塞納實驗室：一對強力夫婦

Enter Anchorage Digital, the only federally chartered crypto bank on U.S. soil, and Ethena Labs, the folks behind the USDe and USDtb stablecoins with a whopping $6 billion in total value locked (TVL). Their partnership to launch USDtb is a big deal because it's the first stablecoin designed from the ground up to comply with the GENIUS Act.

進入Anchorage Digital，這是唯一一家在美國土壤上的聯邦特許加密貨幣，以及Ethena Labs，是USDE和USDTB STABLECOINS背後的人們，總價值鎖定為60億美元（TVL）。他們啟動USDTB的合作夥伴關係很重要，因為這是第一個從頭開始設計的Stablecoin，以遵守《天才法》。

According to Anchorage CEO Nathan McCauley, the GENIUS Act provides the regulatory structure needed for institutions like Anchorage to participate in the stablecoin world safely and compliantly. Ethena Labs CEO Guy Young is equally stoked, saying this move will boost confidence among partners and holders, expanding USDtb's user base.

根據安克雷奇首席執行官內森·麥克庫利（Nathan McCauley）的說法，《天才法案》（Genius Act）為安克雷奇（Anchorage）等機構提供的監管結構提供了安全，合規的參與stablecoin世界。 Ethena Labs首席執行官蓋伊·楊（Guy Young）同樣受到關注，他說這一舉動將增強合作夥伴和持有人之間的信心，從而擴大了USDTB的用戶群。

What This Means for the Future

這對未來意味著什麼

This collaboration could be a blueprint for other issuers looking to operate within the U.S. It's all about transparency, reserve backing, and real-time reporting – the kind of stuff that makes regulators (and investors) sleep better at night. By positioning USDtb as a compliant, programmable digital dollar, Anchorage and Ethena are setting a new standard for stablecoin governance.

對於希望在美國境內運營的其他發行人來說，這項合作可能是一個藍圖，這一切都與透明度，保留支持和實時報告有關，這是使監管機構（和投資者）晚上睡得更好的東西。通過將USDTB定位為合規，可編程的數字美元，Anchorage和Ethena正在為Stablecoin治理設定新的標準。

The GENIUS Act mandates stricter safeguards, including reserve audits and Federal Reserve oversight. USDtb's design integrates these compliance mechanisms, adhering to the law’s framework.

《天才法》要求更嚴格的保障措施，包括儲備審計和美聯儲的監督。 USDTB的設計集成了這些合規機制，並遵守法律的框架。

Nigeria's Stablecoin Scene

尼日利亞的Stablecoin場景

Meanwhile, over in Nigeria, the Securities and Exchange Commission (SEC) is also warming up to stablecoins, as long as investor protections are in place. They're even envisioning a Nigerian stablecoin powering cross-border trade across Africa. Whoa!

同時，在尼日利亞，只要有投資者的保護，在尼日利亞，美國證券交易委員會（SEC）也正在加熱到穩定幣。他們甚至還設想了尼日利亞的穩定者，為整個非洲提供了跨境貿易的動力。哇！

The Bigger Picture

更大的圖片

The GENIUS Act is poised to reshape the stablecoin landscape, but crypto-native firms need to stay sharp. Diversifying operations, navigating competition from TradFi giants, and keeping up with regulatory changes will be crucial. Diversification among crypto-native issuers is key. Firms like Circle and Tether are already exploring new revenue streams beyond interest income, from API-based services to investments in AI and Bitcoin mining.

《天才法案》有望重塑穩定的景觀，但加密本地的公司需要保持敏銳。多樣化的行動，從貿易愛好者巨頭競爭以及跟上監管變化至關重要。加密本地發行人之間的多樣化是關鍵。 Circle和Tether等公司已經在探索超出利息收入的新收入來源，從基於API的服務到對AI和Bitcoin礦業的投資。

The stage is set for an exciting ride, with traditional finance and decentralized finance converging under a regulatory umbrella. It's like the Wild West, but with accountants and lawyers keeping a close eye. So buckle up, buttercups, because the stablecoin revolution is just getting started!

該舞台將有望令人興奮，傳統的金融和分散的金融在監管傘下匯聚。就像野外的西部，但會計師和律師密切關注。毛cup，釦子，因為穩定的革命才剛剛開始！