隨著美國立法者努力定義Stablecoins，Tether將重點轉移到新興市場

Tether是全球最大的Stablecoin的發行人，因為美國立法者努力為Stablecoins提供明確的立法框架，因此有意將其註意力轉移到新興國家。

Tether, the issuer of the biggest stablecoin globally, USDT, is purposely turning its attention toward emerging countries as U.S. legislators grapple to provide a clear legislative framework for stablecoins.

全球最大的Stablecoin的發行人Tether有意將其註意力轉移到新興國家，因為美國立法者努力為Stablecoins提供明確的立法框架。

The company is also discussing a new U.S.-compliant stablecoin to navigate the changing regulatory terrain even as it actively participates in legislative debates.

該公司還正在討論一種新的符合美國符合美國的Stablecoin，以駕駛不斷變化的監管地形，即使它積極參與立法辯論。

The company’s involvement in U.S. regulatory affairs comes amid a series of moves by Tether to adjust its operations to align with evolving regulations in key markets.

該公司參與美國監管事務的原因是，Tether採取了一系列動作，以調整其運營，以與主要市場中不斷發展的法規保持一致。

The company’s efforts to engage with U.S. lawmakers are also part of a broader move by cryptocurrency firms to influence the direction of policy in Washington, D.C., especially as it relates to stablecoins.

該公司與美國立法者互動的努力也是加密貨幣公司為影響華盛頓特區的政策方向的更廣泛舉措的一部分，尤其是與Stablecoins有關。

Tether, which is best known for its USDT stablecoin pegged to the U.S. dollar, has been operating in a regulatory gray area for several years.

Tether以其USDT Stablecoin與美元掛鉤的最著名的Tether已在監管灰色地區運營了幾年。

The company’s stablecoins have been used by traders and investors in a variety of markets, especially in emerging economies where financial access is limited by conventional banking systems.

該公司的Stablecoins已被各種市場的貿易商和投資者使用，尤其是在新興經濟體中，財務訪問受傳統銀行系統限制的新興經濟體。

But as the cryptocurrency industry has grown, so too has the pressure on lawmakers to provide clear rules for the new financial technology.

但是，隨著加密貨幣行業的發展，對立法者的壓力也加上了為新金融技術提供明確規則的壓力。

In the case of stablecoins, lawmakers and regulators have raised concerns about the potential for such coins to be used for illicit activity or to pose a threat to the stability of the financial system.

就穩定者而言，立法者和監管機構對這種硬幣用於非法活動或對金融體系穩定構成威脅的潛力提出了擔憂。

According to a recent report by the Center for Law and Economics, a nonpartisan research institute, these fears appear to be unfounded.

根據非黨派研究所法律與經濟中心的最新報告，這些恐懼似乎沒有根據。

The report’s authors—who include former U.S. Treasury official Mark A. Zandi and Georgetown University law professor Barry A. Obruch—find that, despite assertions to the contrary by some economists and policymakers, stablecoins do not appear to pose a threat to macroeconomic stability.

該報告的作者 - 包括前美國財政部官員馬克·桑迪（Mark A. Zandi）和喬治敦大學法學教授巴里·A·奧布魯奇（Barry A. Obruch） - 並用一些經濟學家和政策制定者矛盾的是，stablecoins似乎並沒有對宏觀經濟穩定構成威脅。

Moreover, they add, assertions that major stablecoin issuers like Tether and Circle—which issues the USD Coin (USDC) stablecoin—are poorly capitalized and thinly disclosed appear to be based on a misunderstanding of the companies’ balance sheets and on a failure to recognize the significant role that's played by U.S.-based accounting firms in auditing the companies' financials.

此外，他們補充說，他們的斷言，像Tether和Circle這樣的主要穩定發行人（發行了USD Coin（USDC）Stablecoin）的資本不足和披露的差異似乎是基於對公司資產負債表的誤解，並且是基於公司的資產負債表的誤解，並且未能認識到由US基於US的客戶公司在審核公司中所發揮的重要作用。

The company is also considering introducing a new stablecoin specifically for the U.S. market, which would be meant to satisfy one of the particular criteria of U.S. rules—namely, that stablecoins be fully backed by liquid assets at all times and undergo frequent audits by U.S.-based accounting firms.

該公司還正在考慮為美國市場引入新的穩定幣，該公司旨在滿足美國規則的一項特定標準，即，穩定的穩定者始終得到流動資產的完全支持，並由美國的會計師事務所進行頻繁的審核。

This new coin, which is still in the early stages of planning, would be designed to appeal to large, regulated institutions and would be subject to ongoing audits by a U.S. accounting firm, in accordance with U.S. Generally Accepted Accounting Principles (GAAP).

這種新硬幣仍處於計劃的早期階段，旨在呼籲大型，受監管的機構，並根據我們普遍接受的會計原則（GAAP）進行美國會計師事務所的持續審計。

This new offering would be in addition to Tether’s existing line of stablecoins, which are currently available in several emerging markets and are already used by millions of people around the world to transfer value, make payments, and access financial services.

這項新產品將是Tether現有的Stablecoins系列的補充，該產品目前可在幾個新興市場中使用，並且已經被全球數百萬人使用，以轉移價值，付款和訪問金融服務。

In a statement regarding the company’s involvement in U.S. regulatory affairs, Paolo Ardoino, the CEO of Tether, said that the company is working closely with U.S. legislators to ensure that any new regulations are practical and can be implemented effectively.

Tether的首席執行官Paolo Ardoino在有關公司參與美國監管事務的一份聲明中說，該公司正在與美國立法者緊密合作，以確保任何新法規都是實用的，並且可以有效地實施。

“We are grateful for the opportunity to engage with U.S. lawmakers as they work to develop legislation for the digital asset industry,” Ardoino said in a statement. “We believe that it is important for regulators to hear directly from industry participants and for industry participants to provide their feedback on proposals that may have a significant impact on their businesses and operations.”

Ardoino在一份聲明中說：“我們很高興有機會與美國立法者互動，以製定數字資產行業的立法。” “我們認為，對於監管機構而言，直接聽取行業參與者和行業參與者的意見非常重要，以便對可能會對其業務和運營產生重大影響的提案提供反饋。”

Ardoino also noted that Tether is the world’s largest stablecoin issuer and that its coins are used by a diverse range of customers, including institutions, merchants, and individual investors.

Ardoino還指出，Tether是世界上最大的Stablecoin發行人，其硬幣由包括機構，商人和個人投資者在內的各種客戶使用。

“We are committed to working with regulators to create a regulatory framework that is clear, transparent, and supports innovation,” Ardoino added.

Ardoino補充說：“我們致力於與監管機構合作，創建一個清晰，透明並支持創新的監管框架。”

As part of its efforts to provide input on pending legislation, Tether has been in talks with influential figures behind the STABLE Act, a bipartisan bill that is currently being considered by the U.S. Congress.

作為提供未決立法意見的努力的一部分，Tether一直與《穩定法》背後的有影響力的數字進行了對話，這是美國國會目前正在考慮的兩黨法案。

The bill, which stands for Stable Token And Bank Envsioned Linked by Agreement, proposes a new regulatory framework for stablecoins, aiming to balance innovation in the cryptocurrency sector with consumer protection.

該法案代表按協議鏈接的穩定令牌和銀行設想，該法案提出了一個針對Stablecoins的新監管框架，旨在平衡加密貨幣領域的創新與消費者保護。

The bill's authors—Senators Bill Hagerty (R-TN) and Mark Warner (D-VA)—have said the bill is designed to ensure that stablecoins are "issued in a safe, sound, and efficient manner." The legislation would also require stablecoin issuers to maintain a one-to-one backing for their tokens with fully liquid assets, such as U.S. Treasury bills, demand deposits at U.S. banks, or other assets specified by the Federal Reserve.

該法案的作者（R-TN）和馬克·華納（Mark Warner）（D-VA）表示，該法案旨在確保“以安全，合理和高效的方式發行穩定的人”。該立法還將要求Stablecoin發行人維持其代幣的一對一支持，該代幣具有完全流動資產的資產，例如美國財政賬單，美國銀行的需求存款或美聯儲指定的其他資產。

In recent months, Tether has been meeting with

最近幾個月，Tether一直與