Tether进入了美国国库券最大的持有人的行列，超过了加拿大，台湾，墨西哥，挪威和香港。

这表明，稳定市场如何继续迅速增长，投资者和美国监管机构都越来越广泛地采用。

Tether has entered the ranks of major holders of U.S. Treasury securities, surpassing several national economies in its investment.

Tether进入了美国国库券的主要持有人的行列，超过了其投资的几个国民经济。

This is highlighted by a report from Ars Technica, which focuses on the latest data from the U.S. Department of Treasury.

ARS Technica的报告强调了这一点，该报告的重点是美国财政部的最新数据。

The data, updated as of March 30, 2024, reveals that the North American company has purchased over $33.1 billion in U.S. Treasury securities, placing it seventh overall.

截至2024年3月30日更新的数据显示，北美公司已购买了超过331亿美元的美国国库券，总体上获得了第七款。

This places Tether ahead of Canada, Taiwan, Mexico, Norway, and Hong Kong, highlighting the company's significant footprint in the global financial landscape.

这使系绳领先于加拿大，台湾，墨西哥，挪威和香港，强调了该公司在全球金融环境中的重要占地面积。

However, it’s still a distance from the Cayman Islands, whose institutions hold over $100 billion in U.S. securities.

但是，它仍然距离开曼群岛（Cayman Islands）距离，其机构持有超过1000亿美元的美国证券。

The value held by the Cayman Islands and Luxembourg, in particular, is a sum of investments by numerous hedge funds, while Tether's investment is made by a single entity.

尤其是开曼群岛和卢森堡持有的价值是众多对冲基金的一笔投资，而Tether的投资是由一个实体进行的。

The investment by Ardoino's company, known for its USDT stablecoin, is part of the strategy to strengthen the company's reserve backing.

Ardoino的公司以其USDT Stablecoin而闻名的投资是加强公司储备支持的战略的一部分。

These are short-term securities issued by the U.S. government and are considered among the most secure and liquid assets available on the market.

这些是美国政府发行的短期证券，被认为是市场上最安全和最液体资产之一。

Being a stablecoin pegged to the U.S. dollar, Tether must maintain high security on its reserves to ensure the credibility and stability of its USDT token, the largest in the sector.

作为与美元挂钩的稳定币，Tether必须在其储备上保持较高的安全性，以确保其USDT令牌（该行业最大的USDT令牌）的信誉和稳定性。

The accumulation of government bonds allows Tether to consolidate its position and protect investors from possible fluctuations.

政府债券的积累使勒系巩固其立场并保护投资者免受可能的波动。

The stablecoin sector is experiencing a period of strong expansion, with a total capitalization that has recently crossed the threshold of $219 billion.

Stablecoin行业正在经历一段强劲的扩张时期，总资本化最近超过了219亿美元的门槛。

Analysts at IntoTheBlock highlight how this growth indicates a market that is still far from reaching its peak. Suggesting, therefore, that the current bull trend might be only mid-cycle.

Intotheblock的分析师突出了这种增长如何表明市场远离达到顶峰的市场。因此，表明当前的牛趋势可能只是中期。

The increased demand for stablecoins is a clear signal of the growing confidence of investors in the sector, a phenomenon that is being supported by new legislative initiatives to regulate the use of stablecoins and establish a clearer regulatory framework.

对稳定币的需求增加表明，投资者对该行业的信心越来越大，这一现象得到了新的立法计划的支持，以规范使用Stablecoins并建立更清晰的监管框架。

New USA regulations on stablecoins coming by August

新的美国关于稳定币的法规

In the United States, legislators are speeding up the process to introduce clear regulations on stablecoins and the structure of the bull market and bear market of cryptocurrencies.

在美国，立法者正在加快该程序，以介绍有关稳定的法规以及牛市和加密货币市场的结构。

According to Kristin Smith, CEO of the Blockchain Association, a detailed regulatory framework could be defined by August 2024.

根据区块链协会首席执行官克里斯汀·史密斯（Kristin Smith）的说法，可以在2024年8月之前定义一个详细的监管框架。

During the Digital Asset Summit 2025 by Blockworks, Smith stated that the work behind the scenes on regulations is in an advanced stage.

在Blockworks的Digital Asset Summit 2025年，史密斯表示，法规幕后的工作处于高级阶段。

Even Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, has confirmed that the adoption of specific regulation for stablecoins is imminent.

甚至数字资产顾问委员会执行委员会执行主任Bo Hines也证实，即将采用特定的stablecoins法规。

Smith expressed her optimism about the approval of the new regulations thanks to the bipartisan involvement observed in recent months between the House, Senate, and White House.

史密斯（Smith）对新法规的认可表示乐观，这要归功于众议院，参议院和白宫近几个月来观察到的两党参与。

This cross-party support could accelerate the legislative process, providing a more solid framework for market operators.

这种跨党派支持可以加速立法过程，为市场运营商提供更坚实的框架。

The rise of Tether among the largest holders of U.S. government securities highlights the growing importance of stablecoins in the global financial system.

Tether在美国政府证券的最大持有人之一中的兴起凸显了稳定菌在全球金融体系中的重要性。

With over $33.1 billion invested in U.S. bonds, the company positions itself among the main players in the sector.

该公司以超过331亿美元的价格投资于美国债券，将自己定位为该行业的主要参与者。

The increase in demand for stablecoin and the impending regulation in the United States could further consolidate the role of crypto-assets in the financial market.

对Stablecoin的需求增加以及美国即将进行的法规可能会进一步巩固加密资源在金融市场中的作用。

If the current trend continues, stablecoins could become increasingly integrated into the global economic system, attracting a growing number of institutional and retail investors.

如果目前的趋势继续下去，Stablecoins可能会越来越多地融入全球经济体系，吸引了越来越多的机构和散户投资者。