Tether的长期CFO，现在是其主席Giancarlo Devasini，在瑞士小镇卢加诺（Lugano）中保持低调

同时，Circle创始人杰里米·阿莱尔（Jeremy Allaire）舒适地与政客和华尔街高管一起摩擦肩膀，伯威克继续说道。冲突与意识形态一样多，与业务有关

Recently stepped down as Tether's longtime CFO and now its chairman, Giancarlo Devasini keeps a low profile in the modest Swiss town of Lugano, according to the article by Angus Berwick.

根据安格斯·伯威克（Angus Berwick）的文章，最近辞去了Tether的长期首席财务官，现在是其董事长Giancarlo Devasini在瑞士小镇卢加诺（Lugano）中保持低调。

Circle founder Jeremy Allaire, meanwhile, is comfortable rubbing shoulders with politicians and Wall Street executives, Berwick continued.

同时，Circle创始人杰里米·阿莱尔（Jeremy Allaire）舒适地与政客和华尔街高管一起摩擦肩膀，伯威克继续说道。

The conflict is as much about ideology as it is about business, writes Berwick. Tether embraces crypto's freewheeling ethos, while Circle is pushing for mainstream acceptance through regulation. "Circle will not win if Tether is alive," Devasini reportedly said months ago.

伯威克写道，冲突与意识形态一样重要。系绳拥抱了加密货币的自由主义精神，而Circle则通过监管推动主流接受。据报道，据报道，德瓦西尼（Devasini）几个月前说：“如果系绳还活着，圈子就不会获胜。”

The outcome of this battle will shape the future of stablecoins. If regulators succeed in sidelining Tether, Circle's USDC could gain market share and bring stablecoins further into the traditional financial system.

这场战斗的结果将塑造稳定币的未来。如果监管机构成功地束缚了系绳，Circle的USDC可以获得市场份额，并将Stablecoins进一步带入传统的金融体系。

If Tether survives, and it has shown resiliency in the past after navigating concerns surrounding its commercial paper reserves, it will reinforce crypto's ability to operate outside centralized influence. Either way, the stakes are high as crypto firms fight for dominance in an industry worth trillions.

如果系脉冲生存，并且在围绕其商业纸张储备的担忧之后，它表现出了过去的弹性，它将增强加密货币在集中式影响之外运行的能力。无论哪种方式，由于加密货币公司在价值数万亿的行业中争取统治地位，赌注都很高。

Lawmakers have introduced three different bills targeting stablecoin regulation, including the Senate's GENIUS Act, the House's STABLE Act (introduced by Republicans) and the bill Ranking Member Maxine Waters and former Representative Patrick McHenry developed over the past few years.

议员们提出了针对Stablecoin法规的三个不同的法案，包括参议院的天才法案，众议院的稳定法案（由共和党人提出）以及法案排名成员Maxine Waters和前代表Patrick McHenry在过去几年中发展起来。

Each of these bills would impose certain reserve and reporting requirements on stablecoin issuers, and a JP Morgan analysis suggests Tether may need to adjust its reserves to comply with these bills, if they become law. However, each bill is still in an early phase of the legislative effort, and it's unclear how long it might take for any of them to be passed through the House, Senate and signed by the president.

这些法案中的每一个都会对Stablecoin发行人施加某些储备金和报告要求，JP Morgan分析表明，如果Tether成为法律，则可能需要调整其储备以遵守这些法案。但是，每个法案仍处于立法努力的早期阶段，目前尚不清楚其中任何一个通过众议院，参议院并由总统签署的时间可能需要多长时间。

Allaire believes digital currency is a "technology superpower dollar"

Allaire认为，数字货币是一种“技术超能力”

According to Allaire, digital currency is a "technology superpower dollar" that will have profound implications for the United States and small businesses, he said in an interview on Fox's "Mornings with Maria" on Tuesday.

根据Allaire的说法，数字货币是一种“技术超级大国”，将对美国和小型企业产生深远的影响。

"We're in a competitive race with China, we're trying to find what economic system is going to win, what currency system is going to win. This is a technology superpower dollar that expands the role of the United States around the world."

“我们正在与中国进行竞争激烈的比赛，我们正在努力寻找将要赢得的经济体系，将要赢得哪种货币体系。这是一项技术超级大国的美元，扩大了全球美国的作用。”

At the same time, it can eliminate costs spent on fees to credit card companies or to send remittances overseas, making the impact of a digital currency much broader than just becoming the world's economic superpower.

同时，它可以消除费用支付给信用卡公司的费用或向海外发送汇款，这使数字货币的影响要比成为世界的经济超级大国要多得多。

"There's a real way to put money back in households' and small businesses' pockets as well."

“有一种真正的方式可以将钱放回家庭和小型企业的口袋里。”

Allaire called USDC "America's first digital dollar" given it is backed by the U.S. Dollar in the form of Treasury bills, repo and cash, and has been around and growing for over six years. He said that USDC powers trillions of dollars in transactions, including over $1 trillion a month and has seen 100% growth over the last 12 months.

Allaire称USDC为“美国的第一个数字美元”，鉴于它以美元账单，仓库和现金的形式支持了美元，并且已经存在六年多了。他说，USDC为交易提供了数万亿美元的交易，包括每月超过1万亿美元，在过去的12个月中增长了100％。

The chairman of the House Financial Services Committee, Representative McHenry, and the ranking member of the Senate Banking Committee, Senator Bill Hagerty, announced plans on Tuesday to introduce bipartisan legislation this fall that would create a framework for regulating stablecoins.

众议院金融服务委员会主席，代表麦克亨利和参议院银行委员会的排名成员比尔·哈格蒂参议员比尔·哈格蒂（Bill Hagerty）周二宣布了今年秋天介绍两党法规的计划，该立法将创建一个框架，以制定一个规范稳定的人。

McHenry, a Republican from Louisiana, and Hagerty, a Republican from Tennessee, said they have been working together to develop a bill that would provide clear rules for stablecoin issuers and promote innovation in the digital asset space.

来自路易斯安那州的共和党人麦克亨利（McHenry）和田纳西州的共和党人哈格蒂（Hagerty）表示，他们一直在共同制定一项法案，该法案将为Stablecoin发行人提供明确的规则，并促进数字资产领域的创新。

"We need to provide certainty for the market and set up a framework for responsible innovation in this new technology," McHenry said in a statement.

麦克亨利在一份声明中说：“我们需要为市场提供确定性，并在这项新技术中建立一个负责任的创新框架。”

Hagerty added that their bill would "help to ensure that the United States remains a global leader in the digital asset economy."

Hagerty补充说，他们的法案将“有助于确保美国仍然是数字资产经济的全球领导者”。

The lawmakers' plans come as Congress faces pressure to regulate stablecoins, which are cryptocurrencies pegged to the value of a traditional currency, such as the U.S. dollar. Stablecoins have become increasingly popular in recent years as a means of payment and investment.

国会面临监管稳定币的压力，该计划是固定的，这是固定在传统货币的价值（例如美元）的压力时。近年来，作为支付和投资的手段，Stablecoins变得越来越受欢迎。

Earlier this year, lawmakers introduced three different bills targeting stablecoin regulation: the GENIUS Act, introduced by the Senate Banking Committee chairman, Democrat Mark Warner, and the ranking member, Republican Tim Scott, of South Carolina; the STABLE Act, introduced by Republicans on the House Financial Services Committee; and a bill Ranking Member Maxine Waters, D-Calif., and former Representative Patrick McHenry, R-N.C., developed over the past few years.

今年早些时候，议员们提出了针对Stablecoin法规的三个不同的法案：由参议院银行委员会主席民主党马克·华纳（Mark Warner）和南卡罗来纳州的共和党蒂姆·斯科特（Tim Scott）提出的《天才法》；共和党人在众议院金融服务委员会中提出的稳定法案；以及D-Calif的法案排名成员Maxine Waters和RN.C.的前代表Patrick McHenry在过去几年中开发。

Each of these bills would impose certain reserve and reporting requirements on stablecoin issuers, and a JP Morgan analysis suggests Tether may need to adjust its reserves to align with the provisions of these bills, if they become law.

这些法案中的每一个都会对Stablecoin发行人施加某些储备金和报告要求，JP Morgan分析表明，如果他们成为法律，Tether可能需要调整其储备以与这些法案的规定保持一致。

However, each bill is still in an early phase of the legislative effort, and it's unclear how long it might take for any of them to be passed through the House, the Senate, and be signed by the president.

但是，每项法案仍处于立法努力的早期阶段，目前尚不清楚任何一个通过众议院，参议院，由总统签署的任何人可能需要多长时间。