Genius Stablecoin Bill通过参议院投票66-32，迈向最终投票

美国参议院于2025年5月19日投票通过66-32票，以推进《天才斯塔布尔科因法案》，该法案正式题为《指导和建立美国稳定法》的国家创新。

The US Senate voted 66-32 on Friday to advance the GENIUS stablecoin bill, officially titled the Guiding and Establishing National Innovation for US Stablecoins Act, reports CCPolitics. The motion to invoke cloture passed, moving the bill to full debate on the Senate floor.

据CCPOLITICS报道，美国参议院以66-32投票通过了《天才Stablecoin法案》，正式命名为指导和建立美国Stablecoins法案的国家创新。召唤Cloture的动议通过了，将法案移至参议院的全面辩论。

The GENIUS stablecoin bill proposes a national regulatory structure for stablecoins, which are digital assets pegged to fiat currencies. The bill is focused on a market that is currently valued at nearly $250 billion and largely dominated by Tether's USDT and Circle's USDC.

Genius Stablecoin法案提出了针对稳定币的国家监管结构，该结构是将数字资产固定到法定货币的数字资产。该法案的重点是目前价值近2500亿美元的市场，并在很大程度上由Tether的USDT和Circle的USDC主导。

The motion received support from Democratic Senators Mark Warner, Adam Schiff, and Ruben Gallego, who previously opposed the bill. Their vote helped clear the procedural hurdle required for further discussion on the bill.

该动议得到了民主党参议员马克·华纳，亚当·希夫和鲁本·加勒戈的支持，后者以前反对该法案。他们的投票有助于清除有关该法案进一步讨论所需的程序障碍。

Earlier this month, Democratic lawmakers blocked the GENIUS stablecoin bill over concerns about Donald Trump’s crypto involvement. Lawmakers, including Senators Elizabeth Warren, Bernie Sanders, and Raphael Warnock, expressed worries over possible conflicts of interest.

本月初，民主党立法者封锁了天才斯塔布尔科因法案，因为人们对唐纳德·特朗普的加密参与的担忧。包括参议员伊丽莎白·沃伦（Elizabeth Warren），伯尼·桑德斯（Bernie Sanders）和拉斐尔·沃诺克（Raphael Warnock）在内的议员们对可能的利益冲突表示担忧。

Their opposition halted the bill’s progress, preventing it from reaching the Senate floor for full consideration.

他们的反对派停止了该法案的进步，阻止了该法案到达参议院的地板以进行全面考虑。

According to public records and market data from CoinGecko, Trump and his family have launched several crypto ventures. These ventures include a memecoin project, a digital asset platform, a crypto mining business preparing for a public listing, and a stablecoin called USD1.

根据Coingecko的公共记录和市场数据，特朗普和他的家人发起了几家加密货币。这些冒险包括一个Memecoin项目，一个数字资产平台，为公共上市做准备的加密矿业业务以及称为USD1的Stablecoin。

USD1 has become the seventh-largest stablecoin in terms of market value, based on CoinGecko's rankings. As of May 10, it had a fully diluted valuation of $9.6 billion.

根据Coingecko的排名，就市场价值而言，USD1已成为市场价值的第七大稳定。截至5月10日，它的估值完全稀释为96亿美元。

This growth brought up concerns among senators over the bill’s implications for Trump’s financial interests.

这一增长引起了参议员对该法案对特朗普财务利益的影响的担忧。

Senator Elizabeth Warren raised concerns about the legislation’s failure to address what she called Trump’s “crypto corruption.”

伊丽莎白·沃伦（Elizabeth Warren）参议员对该立法未能解决她所谓的特朗普的“加密腐败”提出了担忧。

“Trump and his family have already pocketed hundreds of millions of dollars from his crypto ventures, and they stand to make hundreds of millions more from his stablecoin, USD1, if this bill passes,” Senator Elizabeth Warren said.

参议员伊丽莎白·沃伦（Elizabeth Warren）说：“特朗普和他的家人已经从他的加密货币企业中赚到了数亿美元，如果这项法案通过，他们将从他的稳定的USD1中赚到数亿美元。”

However, Senator Mark Warner, who previously voted against the bill, threw his weight behind the motion to move the bill forward.

但是，以前对该法案投票的参议员马克·华纳（Mark Warner）将自己的权重推向了提出该法案前进的动议。

“We cannot allow that corruption to blind us to the broader reality: blockchain technology is here to stay. It is used every day by the military, by the Centers for Disease Control, and by our intelligence agencies,” Senator Mark Warner stated.

参议员马克·华纳（Mark Warner）说：“我们不能让腐败使我们对更广泛的现实视而不见：区块链技术将留在这里。军方，疾病控制中心和我们的情报机构每天都使用它。”

Senator Bill Hagerty introduced the GENIUS stablecoin bill on February 4. The proposed legislation imposes strict rules on issuers and aims to create a regulatory framework for these digital assets.

参议员比尔·哈格蒂（Bill Hagerty）于2月4日介绍了《天才斯塔布尔科因法案》。拟议的立法对发行人施加了严格的规定，并旨在为这些数字资产创建监管框架。

The bill mandates that all stablecoins be fully backed by reserve assets, which issuers must regularly submit to security audits. It also requires issuers to obtain approval from either federal or state regulators to issue digital assets.

该法案规定，所有稳定币都得到储备金的全部支持，发行人必须定期提交安全审计。它还要求发行人获得联邦或州监管机构的批准以签发数字资产。

Only entities licensed to issue stablecoins under US law will be authorized to do so, and the legislation bans algorithmic stablecoins.

只有根据美国法律签发稳定币的实体才能授权这样做，而立法禁止算法稳定性。

The GENIUS stablecoin bill builds on earlier policy drafts, including the Clarity for Payment Stablecoins Act, which was submitted in October by former Representative Patrick McHenry.

Genius Stablecoin法案建立在较早的政策草案上，包括《付款Stablecoins法案》，该法案于10月由前代表Patrick McHenry提交。

The House Financial Services Committee had been working on legislation to regulate stablecoins in recent months, but the initiative stalled due to disagreements among Republicans.

众议院金融服务委员会近几个月来一直在努力监管稳定币，但由于共和党人之间的分歧，该倡议停滞了。

Earlier this year, the House passed a bill to create a new digital asset regulatory program. However, the bill did not include any provisions related to stablecoins.

今年早些时候，众议院通过了一项法案，以制定新的数字资产监管计划。但是，该法案不包括与Stablecoins有关的任何规定。

As the Senate prepares for the next stage of discussion on the GENIUS stablecoin bill, the focus will shift to examining the bill’s language and enforcement mechanisms in greater detail.

当参议院为关于天才稳定法案的下一阶段的讨论做准备时，重点将转移到更详细地检查法案的语言和执法机制。

Lawmakers will also continue their deliberations on the bill’s broader implications for the US financial system and the rapidly evolving landscape of digital assets.

立法者还将继续审议该法案对美国金融体系和数字资产迅速发展的景观的更广泛影响。