Coinbase首席执行官Brian Armstrong呼吁立法变更，以允许Stablecoin持有人赢得“ OnChain权益”

布莱恩·阿姆斯特朗（Brian Armstrong）呼吁在美国进行立法变更，以允许Stablecoin持有人在其持股中获得“ Onchain权益”。

Coinbase CEO Brian Armstrong is calling for legislative changes in the U.S. to allow stablecoin holders to earn “onchain interest” on their holdings.

Coinbase首席执行官布莱恩·阿姆斯特朗（Brian Armstrong）呼吁在美国进行立法变更，以允许Stablecoin持有人在其持股中赢得“ Onchain权益”。

In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that allowing onchain interest would be “consistent with a free market approach.”

在3月31日在X上发表的文章中，阿姆斯特朗认为，应对加密公司进行类似的对待，并“允许并激励与消费者共享利益”。他补充说，允许OnChain兴趣“与自由市场方法一致”。

There are currently two competing pieces of federal stablecoin legislation working their way through the legislative process in the U.S.: the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act, and the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.

目前有两项相互竞争的联邦Stablecoin立法在美国的立法过程中发挥了作用：对更好的分类帐（稳定）法案（稳定）法案的Stablecoin透明度和问责制，以及指导和建立国家针对美国Stablecoins（Genius）法案的国家Innovation。

In reference to the stablecoin legislation, Armstrong said the U.S. had an opportunity to “level the playing field and ensure these laws pave a way for all regulated stablecoins to deliver interest directly to consumers, the same way a savings or checking account can.”

关于Stablecoin立法，阿姆斯特朗表示，美国有机会“平衡竞争环境并确保这些法律为所有受监管的stablecoins铺平了直接向消费​​者提供权益的方式，就像储蓄或支票帐户一样。”

Armstrong: Onchain interest a boon for US economy

阿姆斯特朗：OnChain兴趣为美国经济带来福音

Armstrong argued that while stablecoins have already found product-market fit by “digitizing the dollar and other fiat currencies,” the addition of onchain interest would allow “the average person, and the U.S. economy, to reap the full benefits.”

阿姆斯特朗认为，尽管Stablecoins已经通过“数字化美元和其他法定货币”发现了产品市场，但增加OnChain的兴趣将使“普通人和美国经济能够获得全部利益”。

He said that if legislative changes allowed stablecoin issuers to pay interest to holders, U.S. consumers could earn a yield of around 4% on their holdings, far outstripping the 2024 average interest yield on a consumer savings account, which Armstrong cited as 0.41%.

他说，如果立法变更允许Stablecoin发行人向持有人支付利息，那么美国消费者的持股量约为4％，远远超过了2024年的消费者储蓄账户的平均利息收益，阿姆斯特朗认为该帐户为0.41％。

Armstrong also said onchain interest could benefit the broader U.S. economy — by incentivizing the global use of U.S. dollar stablecoins. This could see their use grow, “pulling dollars back to U.S. treasuries and extending dollar dominance in an increasingly digital global economy,” according to the Coinbase CEO.

阿姆斯特朗还表示，通过激励全球使用美元稳定的稳定性，Onchain的利益可以使美国更广泛的经济受益。 Coinbase首席执行官说，这可能会使他们的使用增长，“将美元拖回美国国库，并在日益数字的全球经济中延长了美元的统治地位。”

He also argued that the potential for a higher yield than traditional savings accounts would result in “more yield in consumers’ hands means more spending, saving, investing — fueling economic growth in all local economies where stablecoins are held.”

他还认为，比传统储蓄账户更高的收益率的潜力将导致“消费者手的收益率更高，这意味着更多的支出，储蓄，投资 - 助长了持有稳定的所有地方经济体的经济增长。”

“If we don’t unlock onchain interest, the U.S. misses out on billions more USD users and trillions in potential cash flows,” Armstrong added.

阿姆斯特朗补充说：“如果我们不解锁Onchain的兴趣，美国就会错过数十亿美元的用户和数万亿美元的潜在现金流量。”

Currently, neither the STABLE Act nor the GENIUS Act gives the legal go-ahead for onchain interest-generating stablecoins. In fact, in its current form, the STABLE Act includes a short passage prohibiting “payment stablecoin” issuers from paying yield to holders:

目前，《稳定法案》和《天才法》均未为产生兴趣的稳定股的法律批准。实际上，以目前的形式，《稳定法》包括禁止“付款Stablecoin”发行人向持有人支付收益的短暂段落：

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Similarly, the GENIUS Act, which recently passed the Senate Banking Committee by a vote of 18-6, has been amended to exclude interest-bearing instruments from its definition of a “payment stablecoin.”

同样，《天才法》（Genius Act）最近以18-6的投票通过了参议院银行委员会，已被修改，以将带有利息的工具排除在其“付款Stablecoin”的定义之外。

Commenting on the current state of the STABLE Act, Representative Bryan Steil told Eleanor Terrett, host of the Crypto in America podcast, that two pieces of legislation are positioned to “mirror up” following a few more draft rounds in the House and Senate — due to the differences between them being textual rather than substantive.

代表布莱恩·史蒂尔（Bryan Steil）在评论稳定法案的当前状态时告诉美国加密货币播客的主持人埃莉诺·特雷特（Eleanor Terrett），在众议院和参议院的几次选秀回合之后，两项立法可以“镜像”“镜像”，这是由于它们之间的差异是在文本上，而不是实质性的。

“At the end of the day, I think there’s recognition that we want to work with our Senate colleagues to get this across the line,” Steil said.

史蒂尔说：“归根结底，我认为我们要与参议院同事合作以使这一切都在线。”