Stablecoin Revolution：锚定数字，Ethena Labs和Genius Act

Anchorage Digital和Ethena Labs推出了USDTB，这是第一个符合《天才法》的Stablecoin

Hold onto your hats, folks! The stablecoin world is about to get a whole lot more interesting. With the GENIUS Act now in effect, we're seeing some major moves that could reshape the future of digital finance. The most interesting thing is Anchorage Digital and Ethena Labs have teamed up to launch USDtb, a U.S. version of their offshore stablecoin.

抓住你的帽子，伙计们！ Stablecoin世界将变得更加有趣。随着《天才行为》的实际生效，我们看到了一些重大数字融资未来的主要举动。最有趣的是，Anchorage Digital和Ethena Labs合作推出了USDTB，这是美国近海Stablecoin的美国版本。

The GENIUS Act: A Game Changer?

天才法案：改变游戏规则的人？

So, what's the GENIUS Act all about? Basically, it's designed to bring some much-needed regulatory clarity to the stablecoin space. Think of it as the government finally saying, "Okay, crypto, we see you. Let's make sure we're playing by the rules." This act aims to provide a regulated environment for stablecoin issuance, potentially fueling institutional adoption and innovation.

那么，天才的行为是什么？基本上，它旨在为Stablecoin空间带来一些急需的调节性清晰度。将其视为政府终于说：“好吧，加密货币，我们见到你。让我们确保我们按照规则进行比赛。”该法案旨在为稳定发行提供一个受管制的环境，并有可能加剧机构采用和创新。

Since its passage, the stablecoin market cap has seen a serious surge, and even big players like Bank of America, JPMorgan, and Citigroup are sniffing around the idea of launching their own dollar-pegged stablecoins. Talk about a party!

自从其通过以来，Stablecoin市值已经发生了严重的激增，甚至像美国银行，摩根大通和花旗集团这样的大型参与者都在嗅到自己发起自己的Dollar Peggggggggggggggggggggggggggggggggggnep ogggggeggeggecoins的想法。谈论聚会！

Anchorage Digital and Ethena Labs: A Power Couple

锚地数字和埃塞纳实验室：一对强力夫妇

Enter Anchorage Digital, the only federally chartered crypto bank on U.S. soil, and Ethena Labs, the folks behind the USDe and USDtb stablecoins with a whopping $6 billion in total value locked (TVL). Their partnership to launch USDtb is a big deal because it's the first stablecoin designed from the ground up to comply with the GENIUS Act.

进入Anchorage Digital，这是唯一一家在美国土壤上的联邦特许加密货币，以及Ethena Labs，是USDE和USDTB STABLECOINS背后的人们，总价值锁定为60亿美元（TVL）。他们启动USDTB的合作伙伴关系很重要，因为这是第一个从头开始设计的Stablecoin，以遵守《天才法》。

According to Anchorage CEO Nathan McCauley, the GENIUS Act provides the regulatory structure needed for institutions like Anchorage to participate in the stablecoin world safely and compliantly. Ethena Labs CEO Guy Young is equally stoked, saying this move will boost confidence among partners and holders, expanding USDtb's user base.

根据安克雷奇首席执行官内森·麦克库利（Nathan McCauley）的说法，《天才法案》（Genius Act）为安克雷奇（Anchorage）等机构提供的监管结构提供了安全，合规的参与stablecoin世界。 Ethena Labs首席执行官盖伊·杨（Guy Young）同样受到关注，他说这一举动将增强合作伙伴和持有人之间的信心，从而扩大了USDTB的用户群。

What This Means for the Future

这对未来意味着什么

This collaboration could be a blueprint for other issuers looking to operate within the U.S. It's all about transparency, reserve backing, and real-time reporting – the kind of stuff that makes regulators (and investors) sleep better at night. By positioning USDtb as a compliant, programmable digital dollar, Anchorage and Ethena are setting a new standard for stablecoin governance.

对于希望在美国境内运营的其他发行人来说，这项合作可能是一个蓝图，这一切都与透明度，保留支持和实时报告有关，这是使监管机构（和投资者）晚上睡得更好的东西。通过将USDTB定位为合规，可编程的数字美元，Anchorage和Ethena正在为Stablecoin治理设定新的标准。

The GENIUS Act mandates stricter safeguards, including reserve audits and Federal Reserve oversight. USDtb's design integrates these compliance mechanisms, adhering to the law’s framework.

《天才法》要求更严格的保障措施，包括储备审计和美联储的监督。 USDTB的设计集成了这些合规机制，并遵守法律的框架。

Nigeria's Stablecoin Scene

尼日利亚的Stablecoin场景

Meanwhile, over in Nigeria, the Securities and Exchange Commission (SEC) is also warming up to stablecoins, as long as investor protections are in place. They're even envisioning a Nigerian stablecoin powering cross-border trade across Africa. Whoa!

同时，在尼日利亚，只要有投资者的保护，在尼日利亚，美国证券交易委员会（SEC）也正在加热到稳定币。他们甚至还设想了尼日利亚的稳定者，为整个非洲提供了跨境贸易的动力。哇！

The Bigger Picture

更大的图片

The GENIUS Act is poised to reshape the stablecoin landscape, but crypto-native firms need to stay sharp. Diversifying operations, navigating competition from TradFi giants, and keeping up with regulatory changes will be crucial. Diversification among crypto-native issuers is key. Firms like Circle and Tether are already exploring new revenue streams beyond interest income, from API-based services to investments in AI and Bitcoin mining.

《天才法案》有望重塑稳定的景观，但加密本地的公司需要保持敏锐。多样化的行动，从贸易爱好者巨头竞争以及跟上监管变化至关重要。加密本地发行人之间的多样化是关键。 Circle和Tether等公司已经在探索超出利息收入的新收入来源，从基于API的服务到对AI和Bitcoin矿业的投资。

The stage is set for an exciting ride, with traditional finance and decentralized finance converging under a regulatory umbrella. It's like the Wild West, but with accountants and lawyers keeping a close eye. So buckle up, buttercups, because the stablecoin revolution is just getting started!

该舞台将有望令人兴奋，传统的金融和分散的金融在监管伞下汇聚。就像野外的西部，但会计师和律师密切关注。毛cup，扣子，因为稳定的革命才刚刚开始！