加密货币行业将在本周庆祝，这是一项有争议的Stablecoin法案，被称为《天才法案》（Genius Act），在美国参议院的全部参议院面前进行了辩论。

本月初，一家阿布扎比投资公司宣布，它将使用全新的名为USD1的全新Stablecoin对加密货币交易所二进制进行20亿美元的投资。

A controversial stablecoin bill dubbed the GENIUS Act has advanced to debate in the full U.S. Senate, the crypto industry is celebrating this week.

一个有争议的稳定法案被称为《天才法案》在美国参议院全面进行辩论，加密货币产业本周正在庆祝。

Earlier this month, an Abu Dhabi investment firm announced that it would be making a $2 billion investment in the cryptocurrency exchange Binance using a brand new stablecoin called USD1.

本月初，一家阿布扎比投资公司宣布，它将使用全新的名为USD1的全新Stablecoin对加密货币交易所二进制进行20亿美元的投资。

Unlike risky cryptocurrencies with prices that fluctuate wildly and constantly, stablecoins are basically crypto tokens pegged to a more stable asset, like fiat currency such as the U.S. dollar. Crypto companies behind stablecoins typically profit based on interest rather than speculation. According to , the crypto firm behind USD1, World Liberty Financial, could make around $80 million annually off of a deal like the Abu Dhabi one.

与冒险的加密货币不同，价格越来越多地波动，Stablecoins基本上是将加密代币固定在更稳定的资产上，例如菲亚特货币，例如美元。 Stablecoins背后的加密公司通常会根据利息而不是投机利润。据《世界自由金融》（World Liberty Financial）背后的加密货币公司说，每年可能从阿布扎比（Abu Dhabi）这样的交易中赚取约8000万美元。

What makes this notable? For one, World Liberty Financial is majority owned by President Donald Trump and his family. Meanwhile, a first-of-its-kind stablecoin bill has just advanced in the Senate. And although some Democrats had hoped the bill would address this type of crypto profiteering from the Trump family, the bill is moving forward regardless.

是什么使这个值得注意的？一方面，世界自由金融是唐纳德·特朗普及其家人拥有的多数。同时，一项首要的稳定法案刚刚在参议院晋升。尽管一些民主党人希望该法案能够解决特朗普家族的这种加密盈利，但该法案无论如何都在进行。

The GENIUS Act advances in SenateOn Monday, in a 66-32 vote, the U.S. Senate advanced the GENIUS Act, a bill that sets up the first regulatory framework for stablecoins. In total, 16 Democrats joined the Republican majority to advance the bill. Two Republicans joined the opposing Democrats who voted against it.Just two weeks ago, the stablecoin bill was shot down by every Democratic senator, which stalled the legislation from moving forward. However, an amendment was added to the bill in an effort to appease some Democrats.

《天才法》周一在参议院上映，以66票对32票，美国参议院提出了《天才法》，该法案为稳定剂建立了第一个监管框架。总共16名民主党人加入了共和党多数派，以提出该法案。两名共和党人加入了反对民主党人，他们投票反对。但是，该法案添加了一项修正案，以安抚一些民主党人。

That amendment included new consumer protections and regulatory limits on companies that issue stablecoins. In addition, the amendment also extended ethics standards to special government employees, which would cover Elon Musk and Trump's AI and crypto czar David Sacks, as long as they hold their special government roles.

这一修正案包括对发行稳定公司的公司的新消费者保护和监管限制。此外，该修正案还将道德标准扩展到特别政府雇员，这将涵盖Elon Musk和Trump的AI和Crypto Czar David Sacks，只要他们担任特殊政府职务。

However, notably absent from the bill is any language that could definitively end President Trump's own crypto and stablecoin dealings.

但是，该法案中特别缺乏的是任何可以终止特朗普总统自己的加密货币和Stablecoin交易的语言。

What are critics of the GENIUS Act saying?The bill does include language that would "prohibit any member of Congress or senior executive branch official from issuing a payment stablecoin product during their time in public service.” However, Democrats opposing the bill say that the language doesn't go far enough to address the Trump family's stablecoin endeavors.

《天才法》的批评者是什么？该法案确实包括“禁止国会议员或高级行政部门官员在公共服务期间发行付款Stablecoin产品”的语言。”但是，反对该法案的民主党人说，该语言不足以解决特朗普家族的稳定努力。

Speaking from the Senate floor, Massachusetts Senator Elizabeth Warren said, “It doesn’t have to be this way. A bill that meaningfully strengthens oversight of the stablecoin market is worth enacting. A bill that turbocharges the stablecoin market, while facilitating the President’s corruption and undermining national security, financial stability, and consumer protection is worse than no bill at all.”

马萨诸塞州参议员伊丽莎白·沃伦（Elizabeth Warren）在参议院的讲话中说：“不必这样。这项法案有意义地加强了对稳定市场的监督。该法案值得制定。一项法案，该法案使thebocharchard turbocharch turbocharch of stablecoin市场，同时促进了总统的腐败和促进国家安全的稳定，而不是在国家安全，更糟的是，比起了更糟的是，比尔（Chandity Chandity Chandition Chandity）的稳定性，比尔（Chandition Caption）的稳定性更差，比尔（Callitabily）更糟的是，比尔（All Call Bill Bill Bill Call）在所有账单上均在所有账单上均提供了所有的保护。'''

In addition to the new stablecoin investment, Trump's memecoin $TRUMP has netted his crypto companies hundreds of millions of dollars in fees. In addition, Trump has offered special access to investors in his memecoin. Memecoins are different from stablecoins and would not be covered under this bill.

除了新的Stablecoin投资外，特朗普的Memecoin $特朗普还为他的加密货币公司赢得了数亿美元的费用。此外，特朗普还为他的纪念品提供了特殊的访问权。 Memecoins与Stablecoins不同，该法案不会涵盖。

While some Democrats will be offering additional legislation to cover Trump's stablecoin project, it's unlikely to pass the Republican-controlled Senate.

尽管一些民主党人将提供额外的立法来涵盖特朗普的稳定项目，但不可能通过共和党控制的参议院。