Stablecoin Summer？ Coinbase，Circle和Genius Act

天才行为引发了共同基础和圆圈的集会，信号更清晰的稳定器调节以及主流采用的潜力。这是Stablecoin革命的开始吗？

Hold onto your hats, crypto enthusiasts! The world of stablecoins is heating up, with Coinbase and Circle at the forefront. Recent developments, particularly the buzz around the GENIUS Act, have sent their stocks soaring and sparked a flurry of speculation about the future of digital assets. Let's dive into what's happening with stablecoins, Coinbase, and Circle.

抓住您的帽子，加密爱好者！ Stablecoins的世界正在加热，并在最前沿圆圈和圆圈。最近的发展，尤其是《天才法案》的嗡嗡声，他们的股票飙升，引发了人们对数字资产未来的猜测。让我们深入了解Stablecoins，Coinbase和Circle的情况。

GENIUS Act: A Game Changer for Stablecoins?

天才法案：Stablecoins的游戏规则改变者？

The GENIUS Act, designed to create a federal framework for stablecoin usage, is a big deal. The Senate's approval of the GENIUS Act is a significant step towards regulatory clarity for stablecoins. This act aims to establish legal clarity and regulatory consistency across stablecoin transactions. It enables financial institutions, digital platforms, and consumer-facing businesses to engage in stablecoin issuance and usage under defined oversight, reinforcing the positioning of stablecoins as a practical tool in both domestic and international commerce. It's like the government finally saying, "Okay, stablecoins, we see you, and we're figuring out how you fit in."

《天才法案》旨在为使用Stablecoin使用联邦框架，这是一件大事。参议院对《天才法》的批准是朝着稳定剂的监管清晰度迈出的重要一步。该法案旨在建立整个Stablecoin交易的法律清晰度和监管一致性。它使金融机构，数字平台和面向消费者的企业能够在定义的监督下从事Stablecoin的发行和使用，从而加强将Stablecoins定位为国内和国际商业的实用工具。就像政府终于说的那样：“好吧，稳定币，我们见到你，我们正在弄清楚你的身材。”

Coinbase and Circle: Riding the Wave

Coinbase和Circle：骑波浪

No surprise, Coinbase (COIN) and Circle (CRCL) are feeling the love. Following the GENIUS Act's progress, Coinbase's stock jumped, while Circle experienced an even more impressive surge. Circle, the issuer of USDC, stands to benefit significantly, as a large portion of its revenue is tied to the interest earned on USDC reserves. According to crypto trader Genco, the market is waking up to the fact that Coinbase gets 50% of Circle's revenue generated from USDC and 100% of revenue from USDC on Coinbase platform, in addition to an equity stake.

毫不奇怪，Coinbase（硬币）和Circle（CRCL）正在感受到爱。随着Genius Act的进步，Coinbase的股票跃升了，而Circle经历了更加令人印象深刻的激增。 USDC的发行人Circle将受益匪浅，因为其收入的很大一部分与USDC储备金所获得的利息相关。根据加密货币交易员Genco的说法，该市场正在唤醒这一事实，即Coinbase获得了Circle从USDC产生的50％的收入，除了股权股权外，Coinbase Platform在Coinbase Platform上获得了100％的收入。

The Future of Stablecoins: Sunny Skies or Stormy Weather?

Stablecoins的未来：阳光明媚的天空还是暴风雨天气？

While some are optimistic, caution flags are being raised. BitMEX founder Arthur Hayes, for instance, believes that most new public stablecoin companies will be overvalued and ultimately fail, even calling Circle's stock price "insanely overvalued." Also, there are concerns about the uneven enforcement of MiCA regulations within the EU, particularly regarding the speed of license approvals by regulators in countries with fewer resources. It seems the path to stablecoin dominance might not be as smooth as some hope.

虽然有些乐观，但谨慎的旗帜正在升高。例如，Bitmex的创始人亚瑟·海斯（Arthur Hayes）认为，大多数新的公共稳定公司都会被高估并最终失败，甚至将Circle的股票价格称为“疯狂的价值”。此外，人们担心欧盟内部的云母法规执行不平衡，特别是关于资源较少的国家的监管机构的许可证批准速度。似乎稳定统治的道路可能不像某些希望那样光滑。

Won-Based Stablecoin in South Korea?

在韩国赢得了基于Stablecoin？

Meanwhile, over in South Korea, the possibility of a won-based stablecoin is causing excitement. Comments from the Bank of Korea Governor expressing support for the initiative have led to a rally in electronic payment and blockchain-related stocks. It's a reminder that the stablecoin landscape is evolving globally, with different regions exploring their own approaches.

同时，在韩国，基于Won的Stablecoin的可能性引起了兴奋。韩国银行对该计划的支持的评论导致了电子支付和与区块链相关的股票的集会。这提醒人们，稳定的景观正在全球发展，不同地区正在探索自己的方法。

Final Thoughts: Stablecoin Summer or Just a Heatwave?

最后的想法：夏季stablecoin还是只是热浪？

So, is this a genuine

所以，这是真实的