不要迷上“ stablecoin”骗局

Stablecoins是一种加密货币的一种形式，有望可以兑换，以美元为单

A new bill introduced in the Senate this week would create a legal framework for so-called stablecoins, a form of cryptocurrency that promises to be redeemable, dollar for dollar, on demand, just like a bank account. Sounds wonderful, doesn’t it? Unfortunately, they don’t have to follow any of the laws and regulations that govern real bank accounts regarding such minutiae, such as financial stability standards or consumer protections, not to mention, the lack of FDIC insurance in the event of a collapse. Some examples of ‘stablecoins’ include Facebook’s failed Libra Project, Tether, USDC and USD1– President Trump’s recently launched ‘stable coin’.

本周参议院提出的一项新法案将为所谓的Stablecoins创建一个法律框架，这是一种加密货币形式，有望像银行帐户一样，按需按需兑换美元。听起来很棒，不是吗？不幸的是，他们不必遵循任何针对此类细节的实际银行帐户的法律法规，例如金融稳定标准或消费者保护，更不用说，在崩溃时缺乏FDIC保险。 “ Stablecoins”的一些例子包括Facebook失败的天秤座项目，Tether，USDC和USD1 - 特朗普总统最近发射的“稳定硬币”。

The bill, called the "Stablecoin TEכר סיארהcnology Act of 2025" (GENIUS Act), was introduced on February 4th by Bill Haggerty (R-TN) and co-sponsored by Republicans Tim Scott (SC), Cynthia Lumens (WY) with Democratic support provided by Kirsten Gillibrand (NY) and referred to the Committee on Banking, Housing, and Urban Affairs.

The bill, called the "Stablecoin TEכר סיארהcnology Act of 2025" (GENIUS Act), was introduced on February 4th by Bill Haggerty (R-TN) and co-sponsored by Republicans Tim Scott (SC), Cynthia Lumens (WY) with Democratic support provided by Kirsten Gillibrand (NY) and referred to the Committee on Banking, Housing, and Urban Affairs.

The scheme is supposed to work as follows: investors put a dollar into the stablecoin company, get a crypto “dollar” back that they can use for crypto trading (or money laundering or tax evasion) and get the (dubious) promise that they can trade back to their U.S. dollar at any time. In the meantime, the company that issues the stablecoin then invests the U.S. dollars into various assets and earns a return on those investments that they can keep as profit.

该计划应如下：投资者向Stablecoin公司投入一美元，再获得加密“ Dollar”，他们可以将其用于加密货币交易（或洗钱或逃税），并得到（可疑的）承诺，他们可以随时交易回家。同时，发行StableCoin的公司然后将美元投资到各种资产中，并获得这些投资的回报，这些投资可以将其保留为利润。

The provisions in this bill would blow a hole through the United States’ traditional separation of banking and commerce. The Bank Holding Company Act, passed in 1956, prohibits bank holding companies from engaging in commercial activities and from controlling (or being controlled by) commercial enterprises.

本法案中的规定将通过美国传统的银行和商业分离炸开一个漏洞。 《银行控股公司法》于1956年通过，禁止银行控股公司从事商业活动和控制（或受其控制）商业企业。

American Economic Liberties Project

美国经济自由项目

So, in other words, you buy a stablecoin, you receive no interest (that would be a red line for the real banks) and have no recourse if the stablecoin becomes worthless, either by the issuer going under or deciding to get out of the business of issuing stablecoins, or they simply get hacked. Or, some other reason I can’t think of, off the top of my head.

因此，换句话说，您购买了一个稳定的币，您不会收到任何利息（这对真正的银行来说是红线），如果发行人被发行人或决定摆脱发行Stablecoins的业务，或者他们只是被黑客入侵，就不会有诉求。或者，我想不出的其他原因，远不到我的头顶。

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