里程碑式的穩定幣法案在以太坊社群引發不同反應

著名以太坊人物和投資者 Ryan Berckmans 讚揚了該法案草案，認為它對以太坊和穩定幣來說是一個重大福音，有可能使它們在公共鏈上合法化。然而，他警告不要對未經許可的與美元掛鉤的穩定幣進行嚴格監管，特別是像 DAI 這樣的去中心化變體，並對該法案對「演算法支付穩定幣」的廣泛定義表示擔憂。

Landmark Draft Bill to Reshape Stablecoin Landscape: Ethereum Community Responds

重塑穩定幣格局的里程碑法案草案：以太坊社群回應

The recent release of a draft bill on stablecoins, authored by Senator Kirsten Gillibrand and Representative Patrick McHenry, has sparked a wave of excitement and debate within the cryptocurrency community. Among the key stakeholders weighing in on the potential implications is Ryan Berckmans, a respected figure in the Ethereum ecosystem and an experienced investor.

最近發布的由參議員 Kirsten Gillibrand 和眾議員 Patrick McHenry 撰寫的穩定幣法案草案在加密貨幣社區內引發了一波興奮和爭論。 Ryan Berckmans 是參與潛在影響的關鍵利益相關者之一，他是以太坊生態系統中受人尊敬的人物，也是一位經驗豐富的投資者。

Optimism Amid Concerns: Ethereum Community's Mixed Reactions

擔憂中樂觀：以太坊社群反應不一

Berckmans has expressed a positive outlook on the draft bill, hailing it as a potentially significant boon for Ethereum and the stablecoin ecosystem at large. He highlights the bill's potential to legitimize stablecoins on public blockchains, particularly Ethereum, where a sizable portion of stablecoins are currently minted.

伯克曼斯對該法案草案表達了積極的看法，稱其對以太坊和整個穩定幣生態系統來說是一個潛在的重大福音。他強調了該法案使公共區塊鏈上的穩定幣合法化的潛力，特別是以太坊，目前有相當大一部分穩定幣是在以太坊上鑄造的。

The draft bill proposes measures that could enable US banks to obtain stablecoin licenses and allow private companies to issue substantial amounts of stablecoins without requiring a license. This framework, if enacted, could facilitate deeper integration of digital currencies into traditional banking and their broader adoption across various economic activities.

該法案草案提出了一些措施，可以使美國銀行獲得穩定幣許可證，並允許私人公司無需許可證即可發行大量穩定幣。該框架如果頒布，可以促進數位貨幣更深入地融入傳統銀行業務，並在各種經濟活動中得到更廣泛的採用。

However, Berckmans also raises concerns about certain aspects of the bill. He notes that the stringent regulations proposed for unlicensed USD-pegged stablecoins could impact decentralized stablecoins like DAI. Additionally, he criticizes the bill's broad definition of "algorithmic payment stablecoins," arguing that it could potentially encompass a wide range of decentralized stablecoins that rely on algorithms to maintain their peg to the dollar or other assets.

然而，伯克曼斯也對該法案的某些方面表示擔憂。他指出，針對未經許可的與美元掛鉤的穩定幣提出的嚴格監管可能會影響 DAI 等去中心化穩定幣。此外，他批評該法案對「演算法支付穩定幣」的廣泛定義，認為該法案可能涵蓋廣泛的去中心化穩定幣，這些穩定幣依靠演算法來維持與美元或其他資產的掛鉤。

Reshaping the Banking Sector's Engagement with Digital Currencies

重塑銀行業對數位貨幣的參與

One of the most significant provisions of the draft bill lies in its potential to redefine the banking sector's involvement with digital currencies. By empowering US banks to obtain stablecoin licenses and permitting certain private entities to issue large volumes of stablecoins without licensure, the bill could pave the way for a new era of financial innovation and accessibility.

該法案草案最重要的條款之一在於它有可能重新定義銀行業對數位貨幣的參與。透過授權美國銀行獲得穩定幣許可證，並允許某些私人實體在未經許可的情況下發行大量穩定幣，該法案可以為金融創新和可及性的新時代鋪平道路。

This framework could bolster confidence in digital assets and foster greater inclusivity within the financial ecosystem, opening doors to a multitude of economic activities. However, amidst the excitement, concerns have been raised regarding the potential impact on specific segments of the stablecoin market.

該框架可以增強人們對數位資產的信心，並促進金融生態系統的更大包容性，為多種經濟活動打開大門。然而，在興奮之餘，人們也擔心這對穩定幣市場特定領域的潛在影響。

Addressing Concerns: DAI and Algorithmic Stablecoins

解決問題：DAI 和演算法穩定幣

The proposed regulations on unlicensed USD-pegged stablecoins have raised concerns about the potential challenges they could pose for decentralized variants like DAI, potentially limiting their accessibility to US residents. Furthermore, the bill's definition of "algorithmic payment stablecoins" has been criticized for its broad scope, which could inadvertently encompass a spectrum of decentralized stablecoins and warrants further clarification.

關於未經許可的與美元掛鉤的穩定幣的擬議法規引發了人們的擔憂，即它們可能對 DAI 等去中心化變體構成潛在挑戰，從而可能限制美國居民使用它們。此外，該法案對「演算法支付穩定幣」的定義因其範圍廣泛而受到批評，這可能無意中涵蓋了一系列去中心化的穩定幣，需要進一步澄清。

Global Implications: Non-USD-Pegged Assets

全球影響：非美元掛鉤資產

Despite these reservations, Berckmans remains optimistic about the bill's treatment of assets not pegged to the US dollar, such as on-chain euros and gold. By refraining from imposing regulatory constraints on these assets, the bill could foster a vibrant and globalized market for them, enhancing their appeal as alternative reserve currencies or investment vehicles.

儘管有這些保留，伯克曼斯仍然對該法案對不與美元掛鉤的資產（例如鏈上歐元和黃金）的處理持樂觀態度。透過避免對這些資產施加監管限制，該法案可以為它們培養一個充滿活力的全球化市場，增強它們作為替代儲備貨幣或投資工具的吸引力。

As the cryptocurrency community continues to analyze the bill's implications, stakeholders are closely monitoring its progress through the legislative process. While some view it as a positive step towards regulatory clarity and mainstream acceptance of digital currencies, others caution against potential unintended consequences and urge lawmakers to carefully consider the diverse dynamics of the evolving crypto ecosystem.

隨著加密貨幣社區繼續分析該法案的影響，利害關係人正在密切關注其立法過程的進展。雖然有些人認為這是朝著監管清晰度和數位貨幣主流接受邁出的積極一步，但另一些人則警告潛在的意外後果，並敦促立法者仔細考慮不斷發展的加密生態系統的多樣化動態。

Ethereum and Stablecoins: Central Figures in Regulatory Discourse

以太坊與穩定幣：監管話語中的核心人物

In the midst of this regulatory debate, Ethereum and its associated stablecoins remain central figures, their fate intertwined with the outcome of the proposed framework. As the discussion unfolds, the crypto community prepares for a new chapter in the ongoing saga of digital currency regulation, with stakeholders navigating the complex interplay between innovation, compliance, and market dynamics.

在這場監管辯論中，以太坊及其相關穩定幣仍然是核心人物，它們的命運與建議框架的結果交織在一起。隨著討論的展開，加密貨幣社群正在為正在進行的數位貨幣監管傳奇中的新篇章做好準備，利益相關者將在創新、合規性和市場動態之間複雜的相互作用中發揮作用。