Stablecoin爭奪：Crypto Wild West的市場結構和比爾通道

《天才法案》在國會，潛在的市場結構框架和特朗普的加密聯繫激發了穩定的鍋中。

Hold onto your hats, folks! The world of stablecoins is getting a serious shakeup. With the GENIUS Act making its way through Congress and potential market structure frameworks on the horizon, things are about to get interesting.

抓住你的帽子，伙計們！ Stablecoins的世界正在認真改善。隨著《天才法》通過國會和潛在的市場結構框架即將到來，事情將變得有趣。

The GENIUS Act: A Stablecoin Showdown

天才法：穩定攤牌

Fresh off a 68-30 vote in the Senate, the GENIUS Act is now in the House, sparking debates and possible amendments. This bill aims to regulate payment stablecoins, potentially opening the door for U.S. companies to issue their own digital currencies. Imagine Apple or Google launching their own tokens! But it's not all smooth sailing. Concerns linger over President Trump's ties to the crypto industry, raising questions about potential conflicts of interest.

《天才法》現在以68票對30票的投票在眾議院中，引發了辯論和可能的修正案。該法案旨在規範付款穩定幣，有可能為美國公司發行自己的數字貨幣打開大門。想像一下Apple或Google啟動自己的令牌！但這並不是所有的航行順利。擔心特朗普總統與加密貨幣行業的聯繫，引發了有關潛在利益衝突的疑問。

Market Structure Frameworks: Clarity on the Horizon?

市場結構框架：地平線清晰？

While the GENIUS Act focuses on stablecoins, lawmakers are also tackling broader crypto market structure. The House is already moving forward with the CLARITY Act, aiming to clarify the roles of U.S. financial regulators in the digital asset space. The Senate Banking Committee is also in the mix, hearing from industry experts to forge a bipartisan path forward. Could this be the regulatory clarity the crypto industry has been craving?

儘管《天才法案》側重於穩定者，但立法者也在解決更廣泛的加密貨幣市場結構。該房屋已經通過《 Clarity Act》前進，旨在闡明美國金融監管機構在數字資產領域的角色。參議院銀行委員會也參與其中，從行業專家那裡聽到了兩黨的前進道路。這是加密貨幣行業一直渴望的監管清晰度嗎？

Hedera's HBAR: A Cautionary Tale

Hedera的HBAR：一個警示的故事

Not all is rosy in the crypto garden. Hedera's native token, HBAR, is facing some serious headwinds. A sharp drop in stablecoin supply and declining market activity have put HBAR under pressure. Stablecoin reserves on Hedera have plummeted by over 80% in just a month, signaling liquidity issues and reduced investor appetite. It's a stark reminder of the volatility and risks inherent in the crypto market.

並非所有人都在加密花園裡玫瑰色。赫德拉（Hedera）的本地令牌HBAR面臨著一些嚴重的逆風。 Stablecoin供應和市場活動下降的急劇下降已使HBAR承受壓力。 Hedera上的Stablecoin儲備金在短短一個月內暴跌了80％以上，這表明流動性問題並減少了投資者的需求。這是對加密貨幣市場固有的波動性和風險的明顯提醒。

Trump's Crypto Connection: A Wild Card

特朗普的加密連接：通配符

President Trump has said he'll sign the GENIUS Act

特朗普總統說他將簽署《天才法》