XRP律师比尔·摩根（Bill Morgan）直接与参议员辛西娅·卢米斯（Cynthia Lummis）面对了斯塔布尔辛立法中的潜在漏洞。

漏洞可以使Tether的USDT比美国发行的稳定币具有不公平的优势。

In a surprising turn of events, XRP lawyer Bill Morgan has directly challenged Senator Cynthia Lummis over a potential loophole in stablecoin legislation that could be granting Tether’s USDT an unfair advantage over American-issued stablecoins.

XRP律师比尔·摩根（Bill Morgan）直接向参议员辛西娅·卢米斯（Cynthia Lummis）提出了挑战，这可能会使Tether的USDT比美国发行的Stablecoins具有不公平的优势。

Morgan’s suggestion comes amid criticism of the Senator’s approach to cryptocurrency regulation, which some have accused as being biased in favor of Bitcoin over other digital assets.

摩根的建议是在对参议员对加密货币监管方法的批评中提出的，有些人指控这是有偏见而不是其他数字资产的。

The lawyer questioned whether concerns over the controversial provision may be the reason Senator Lummis declined to meet with Ripple CEO Brad Garlinghouse.

律师质疑对这一有争议的规定的担忧是否可能是参议员卢米斯拒绝与Ripple首席执行官布拉德·加林豪斯（Brad Garlinghouse）会面的原因。

Senator Cynthia Lummis (R-WY), a known supporter of cryptocurrencies, canceled a planned meeting with Ripple CEO Brad Garlinghouse on Wednesday despite previously confirming the engagement. The meeting was expected to focus on pro-crypto legislation and the broader crypto market structure during Garlinghouse’s Washington D.C. visit.

著名的加密货币支持者辛西娅·卢米斯（Cynthia Lummis）参议员辛西娅·卢米斯（R-WY）在周三取消了与Ripple首席执行官布拉德·加林豪斯（Brad Garlinghouse）的计划会议，尽管此前曾确认订婚。预计该会议将重点放在加林豪斯（Garlinghouse）华盛顿特区访问期间的亲克赖特（Crypto）立法和更广泛的加密货币市场结构上。

However, Garlinghouse revealed on Thursday that the meeting was called off due to “a few members” of Congress having last-minute concerns over a provision in the bipartisan cryptocurrency bill.

但是，加林豪斯（Garlinghouse）周四透露，由于对两党加密货币法案中的一项规定的“几个国会议员”，会议被取消。

This arose after several House members expressed worries about a provision that could permit foreign stablecoin issuers to circumvent U.S. regulations, according to a report by The Block.

根据该街区的一份报告，这是在几名众议院成员表示担心一项可能允许外国稳定发行人规避美国法规的规定的担心之后，这发生了。

The bill, known as the GENIUS Act, is being spearheaded by Senator Lummis and Senator Bill Hagerty (R-TN). It aims to create a regulatory framework for stablecoins, with issuers required to apply for licenses from the U.S. Department of Treasury.

该法案被称为《天才法》，由参议员卢米斯（Lummis）和参议员比尔·哈格蒂（Bill Hagerty）（R-TN）率领。它旨在为Stablecoins创建一个监管框架，并要求发行人申请美国财政部的许可证。

But the bill's draft contains language that could allow offshore stablecoin issuers to sidestep these regulations and continue operating in the U.S. despite non-compliance with American court orders regarding terrorist financing and money laundering.

但是该法案的草案包含可以允许离岸Stablecoin发行人避开这些法规并继续在美国运作的语言，尽管不遵守有关恐怖分子融资和洗钱的美国法院命令。

This provision could place U.S.-based stablecoin issuers, such as Ripple with its RLUSD stablecoin, at a competitive disadvantage as they must comply fully with domestic regulations, while offshore issuers like Tether could retain market access without meeting the same compliance standards.

该规定可能会使美国的Stablecoin发行人（例如Rlusd Stablecoin）处于竞争性劣势，因为他们必须完全遵守国内法规，而Tether等离岸发行人可以在不符合相同合规性标准的情况下保留市场访问。

suggesting that concerns over the stablecoin loophole scuttled the meeting with Garlinghouse.

暗示对Stablecoin漏洞的担忧使与Garlinghouse的会议破裂了。

“Is this why you didn’t want to talk to @bgarlinghouse yesterday. Did you think he may have wanted to discuss the loophole to allow USDT to have an advantage over stablecoins issued by American companies that must comply with US regulations, such as RLUSD issued by Ripple.”

“这就是为什么您昨天不想与@Bgarlinghouse交谈。您是否认为他可能想讨论漏洞，以使USDT比美国公司发行的Stablecoins具有优势，这些公司必须遵守美国法规，例如Ripple发行的RLUSD。”

The statement escalates Morgan’s previous criticism of Lummis, who he has counted among the worst Bitcoin maximalists for her legislative approach. The XRP lawyer has accused the Wyoming Senator of championing Bitcoin exceptionalism instead of creating fair regulatory frameworks for all cryptocurrencies.

该声明升级了摩根对卢米斯的批评，卢米斯（Lummis）以其立法态度算是最糟糕的比特币最大化主义者。 XRP律师指责怀俄明州参议员倡导比特币例外主义，而不是为所有加密货币创建公平的监管框架。

“Dumpster fire. Unbelievable that anyone could be so focused on Bitcoin that they’d rather scuttle bipartisan legislation to create a U.S. stablecoin and broader crypto framework because it doesn't suit their Bitcoin maximalist agenda. Truly incredible,” Morgan stated.

摩根说：“垃圾箱大火。令人难以置信的是，任何人都可能专注于比特币，以至于他们宁愿制造两党立法来创建美国稳定的加密货币框架，因为它不适合他们的比特币最大主义议程。真正令人难以置信。”摩根说。

The document referenced by Morgan suggests that the current draft of the GENIUS Act could create an imbalance. It claims that the bill's provisions are designed to prevent offshore companies like Tether from evading U.S. regulations.

摩根引用的文件表明，《天才法案》的当前草案可能会造成不平衡。它声称该法案的规定旨在防止像Tether这样的离岸公司逃避美国法规。

However, recent changes to the bill have weakened these protections and could allow foreign stablecoins to be traded on U.S. decentralized exchanges even if they are issued by companies that refuse to comply with American court orders.

但是，该法案的最新变更削弱了这些保护措施，即使拒绝遵守美国法院命令的公司发行，也可以在美国去中心化交易所进行交易。

This could create a competitive disadvantage for U.S.-based stablecoin issuers who must comply fully with domestic regulations, such as Ripple with its RLUSD stablecoin.

这可能会为必须完全遵守国内法规（例如Rlusd Stablecoin）等全国法规的美国稳定发行人而造成竞争不利。