Tether計劃推出一個專門為機構客戶設計的新的美國穩定股份

這一舉動是因為美國立法者在數字資產的監管框架上取得了進展，唐納德·特朗普總統推動立法在八月之前通過。

Tether, the company behind the world’s largest stablecoin USDT, is planning to launch a new US-based stablecoin specifically designed for institutional clients.

Tether是世界上最大的Stablecoin USDT背後的公司，計劃推出專門為機構客戶設計的新的美國Stablecoin。

This move comes as US lawmakers make progress on regulatory frameworks for digital assets, with President Donald Trump pushing for legislation to be passed by August.

這一舉動是因為美國立法者在數字資產的監管框架上取得了進展，唐納德·特朗普總統推動立法在八月之前通過。

Tether is exploring “the creation of a US-based, institutional-grade stablecoin,” Tether CEO Paolo Ardoino told The Block.

Tether首席執行官Paolo Ardoino告訴The Block，Tether正在探索“創建美國機構級的穩定者”。

This would differ from Tether’s existing stablecoins, which are designed for trading and supporting financial inclusion in emerging markets like Africa.

這將與Tether現有的Stablecoins不同，後者旨在在非洲等新興市場中交易和支持金融包容。

The new stablecoin would be tailored to meet the needs of large-scale, regulated institutions with different infrastructure requirements. It would focus on enabling faster settlements between banks, presenting a new direction for the company.

新的Stablecoin將被量身定制，以滿足具有不同基礎設施要求的大規模，受監管的機構的需求。它將著重於在銀行之間更快地定居點，為公司提供新的方向。

Currently, Tether does not offer its products to US customers, according to its website. However, this policy could change if favorable regulations are established.

根據其網站，目前，Tether不向美國客戶提供其產品。但是，如果制定有利的法規，該政策可能會改變。

Regulatory Progress

監管進度

Two key bills are moving through Congress: the STABLE Act in the House and the GENIUS Act in the Senate. Both aim to set clear rules for stablecoins.

兩個關鍵法案正在通過國會進行：眾議院的穩定法和參議院的天才法。兩者都旨在為Stablecoins設定明確的規則。

President Trump has urged lawmakers to pass stablecoin legislation by August. For legislation to become law, both the House and Senate must agree on and pass a single version to send to the President’s desk.

特朗普總統已敦促立法者在八月之前通過Stablecoin立法。為了使立法成為法律，眾議院和參議院都必須同意並通過單個版本發送給總統的辦公桌。

The regulatory environment appears to be shifting under the Trump administration. The Securities and Exchange Commission (SEC) has reportedly paused or dismissed most legal actions against cryptocurrency entities.

在特朗普政府下，監管環境似乎正在轉移。據報導，美國證券交易委員會（SEC）暫停或駁回了針對加密貨幣實體的大多數法律訴訟。

The SEC’s Division of Corporate Finance recently clarified that stablecoins are not classified as securities. This alleviates some regulatory burdens that existed under the previous administration.

SEC的公司融資部最近澄清說，穩定股份未歸類為證券。這減輕了上屆政府中存在的一些監管負擔。

Market Position and Audit Progress

市場地位和審計進度

USDT remains the dominant player in the stablecoin market, with a total supply of around 145 billion tokens. This represents approximately 70% of the overall stablecoin market.

USDT仍然是Stablecoin市場中的主要參與者，總供應約為1450億個令牌。這約佔整體穩定市場的70％。

Tether has faced ongoing scrutiny for not providing a full independent audit of its stablecoin reserves. Instead, the company releases quarterly attestations signed by BDO Italia.

Tether因不提供對其穩定儲備的全面審核而面臨的審查。取而代之的是，該公司發布了BDO Italia簽署的季度證明。

In response to these concerns, Tether recently hired Simon McWilliams as its new chief financial officer. McWilliams will lead efforts toward securing a full audit from a Big Four accounting firm – Deloitte, EY, PwC, or KPMG.

為了應對這些問題，繫繩最近聘請了西蒙·麥克威廉姆斯（Simon McWilliams）為新的首席財務官。 McWilliams將領導從一家四大會計師事務所（Deloitte，EY，PWC或KPMG）進行全面審核的努力。

Ardoino has stated that obtaining such an audit is a “top priority” and that discussions are already underway. This move would bring Tether in line with rival Circle, issuer of USDC, which has had its financials audited by Deloitte since 2022.

Ardoino表示，獲得此類審核是“重中之重”，並且已經進行了討論。這一舉動將使繩索與USDC的發行人競爭對手Circle保持一致，USDC的發行人自2022年以來就經過了Deloitte審核的財務狀況。

Last year, Tether reported $13 billion in profits, demonstrating strong interest in stablecoins despite broader market challenges. Meanwhile, Circle is reportedly planning to go public in the US.

去年，Tether報告了130億美元的利潤，儘管市場挑戰更為廣泛，但仍表現出對Stablecoins的濃厚興趣。同時，據報導，Circle計劃在美國公開。

Industry experts emphasize the need for a cohesive federal framework for stablecoins. Jonathan Levin, co-founder and CEO of Chainalysis, noted that without such a framework, it remains challenging for financial services firms and international enterprises to adopt stablecoins on a larger scale.

行業專家強調需要對穩定的聯邦框架進行凝聚力。 Chainalysis的聯合創始人兼首席執行官喬納森·萊文（Jonathan Levin）指出，如果沒有這樣的框架，對於金融服務公司和國際企業來說，要大規模採用穩定的穩定者仍然具有挑戰性。

The cryptocurrency landscape in the United States continues to evolve under Trump’s second administration. With the President’s stated ambition to position the US as “the crypto capital of the planet,” regulatory clarity for stablecoins may soon become a reality.

在特朗普的第二次政府下，美國的加密貨幣景觀繼續發展。總統宣稱將美國定位為“地球的加密之都”的野心，對Stablecoins的監管明確性很快就會成為現實。