<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/07/bank-crypto.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/07/bank-crypto.png"/></p>
<p>美国首部稳定币法案，称为 GENIUS 法案，已经遭到主要银行团体的反对，他们认为某些条款可能会破坏传统金融部门的稳定。</p>
<p>该法案于 2024 年 7 月通过，旨在为数十亿美元的稳定币行业带来明确性，同时确保美国在数字资产领域的领导地位。</p>
<p>然而，银行警告称，对稳定币持有者支付利息的限制可能会使大量资金转移出存款，威胁到资产负债表的稳定。</p>
<p>8 月 25 日，《金融时报》报道，银行团体已开始游说立法者在影响变得显著之前修改这些规则。</p>
<h2>GENIUS 法案禁止银行提供收益</h2>
<p>GENIUS 法案引入了稳定币的发行和监管框架，但也对发行者的操作方式设定了明确的限制。</p>
<p>一项关键措施禁止发行自己稳定币的银行向持有者支付任何利息或收益。</p>
<p>该规则旨在维护系统的稳定性，防止本应与法定货币相对应的数字资产被投机性使用。</p>
<p>虽然银行受到限制，但加密货币交易所仍可以向持有第三方发行的稳定币的客户提供奖励，例如 Circle 的美元币（USDC）或泰达币（USDT）。</p>
<p>银行代表将此称为漏洞，认为这使得交易所获得了竞争优势，并可能影响客户行为。</p>
<h2>银行警告可能出现 6.6 万亿美元的资金外流</h2>
<p>银行团体引用了 4 月财政部的一份报告，以强调潜在风险。</p>
<p>该报告估计，如果消费者和企业将存款转移到承诺提供更高回报的交易所，收益型稳定币可能会使传统银行系统外流高达 6.6 万亿美元。</p>
<p>他们认为，这种外流不仅会削弱银行的放贷能力，还可能在更广泛的金融部门中创造新的脆弱性。</p>
<p>这些团体正在敦促立法者重新考虑这些具体条款，警告称如果不解决这种不平衡，行业可能面临不稳定。</p>
<p>他们的游说努力反映了传统金融界对这些规则可能加速资金从银行向数字平台迁移的日益担忧。</p>
<h2>加密行业拒绝担忧</h2>
<p>行业倡导者驳斥了银行的立场，称这些规则反映了创新与监管之间的有意平衡。</p>
<p>加密创新委员会和区块链协会认为，所谓的漏洞并不是缺陷，而是鼓励竞争的一种方式。</p>
<p>他们声称，限制交易所将使市场倾向于银行，同时减少消费者选择。</p>
<p>该行业的代表，包括 Coinbase 的首席法律官 Paul Grewal，反对有关不稳定化的建议，认为交易所应保留奖励用户持有稳定币的能力。</p>
<p>他们强调，GENIUS 法案是美国监管明确性的一个里程碑，最终为这一快速增长的资产类别提供了框架。</p>
<p>该文章的标题为《美国银行游说修改 GENIUS 稳定币法案， citing 6.6 万亿美元风险》，首次出现在 Invezz 上。</p>

荷兰国际

CRCL

<p>美国银行正在游说修改《GENIUS 法案》，这是美国首部官方稳定币法律，理由是某些条款可能会对传统金融部门造成不稳定。该法案于 2024 年 7 月通过，限制银行对稳定币支付利息，这可能导致高达 6.6 万亿美元的资金从传统存款转移到加密货币交易所。银行团体认为这可能威胁到他们的资产负债表，并在金融系统中造成脆弱性。相比之下，加密货币倡导者声称这些规则促进了竞争和创新，强调在不断增长的数字资产市场中需要监管明确性</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/07/bank-crypto.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/07/bank-crypto.png"/></p>
<p>The first official US stablecoin law, known as the GENIUS Act, is already facing pushback from major banking groups that argue some provisions could destabilise the traditional financial sector.</p>
<div class="lb-trans"><p>美国首部稳定币法案，称为 GENIUS 法案，已经遭到主要银行团体的反对，他们认为某些条款可能会破坏传统金融部门的稳定。</p>
</div><p>Passed in July 2024, the legislation was intended to bring clarity to the multibillion-dollar stablecoin industry while securing the country’s leadership in digital assets.</p>
<div class="lb-trans"><p>该法案于 2024 年 7 月通过，旨在为数十亿美元的稳定币行业带来明确性，同时确保美国在数字资产领域的领导地位。</p>
</div><p>However, banks warn that the restrictions on paying interest to stablecoin holders could divert vast sums away from deposits, threatening balance sheets.</p>
<div class="lb-trans"><p>然而，银行警告称，对稳定币持有者支付利息的限制可能会使大量资金转移出存款，威胁到资产负债表的稳定。</p>
</div><p>On 25 August, the Financial Times reported that banking groups have begun lobbying lawmakers to amend the rules before the impact becomes significant.</p>
<div class="lb-trans"><p>8 月 25 日，《金融时报》报道，银行团体已开始游说立法者在影响变得显著之前修改这些规则。</p>
</div><h2>GENIUS Act prevents banks from offering yield</h2>
<div class="lb-trans"><h2>GENIUS 法案禁止银行提供收益</h2>
</div><p>The GENIUS Act introduced a framework for the issuance and oversight of stablecoins, but it also placed clear limits on how issuers can operate.</p>
<div class="lb-trans"><p>GENIUS 法案引入了稳定币的发行和监管框架，但也对发行者的操作方式设定了明确的限制。</p>
</div><p>A key measure prohibits banks issuing their own stablecoins from paying any interest or yield to holders.</p>
<div class="lb-trans"><p>一项关键措施禁止发行自己稳定币的银行向持有者支付任何利息或收益。</p>
</div><p>The rule was designed to maintain stability in the system and prevent speculative use of digital assets that are meant to mirror fiat currency.</p>
<div class="lb-trans"><p>该规则旨在维护系统的稳定性，防止本应与法定货币相对应的数字资产被投机性使用。</p>
</div><p>While banks are restricted, crypto exchanges can still offer rewards to customers holding stablecoins issued by third parties, such as Circle’s USD Coin (USDC) or Tether (USDT).</p>
<div class="lb-trans"><p>虽然银行受到限制，但加密货币交易所仍可以向持有第三方发行的稳定币的客户提供奖励，例如 Circle 的美元币（USDC）或泰达币（USDT）。</p>
</div><p>Bank representatives have labelled this a loophole, arguing it gives exchanges a competitive advantage and could influence customer behaviour.</p>
<div class="lb-trans"><p>银行代表将此称为漏洞，认为这使得交易所获得了竞争优势，并可能影响客户行为。</p>
</div><h2>Banks warn of $6.6 trillion outflow</h2>
<div class="lb-trans"><h2>银行警告可能出现 6.6 万亿美元的资金外流</h2>
</div><p>Banking groups have pointed to an April Treasury Department report to highlight the potential risks.</p>
<div class="lb-trans"><p>银行团体引用了 4 月财政部的一份报告，以强调潜在风险。</p>
</div><p>The report estimated that yield-bearing stablecoins could divert up to $6.6 trillion from the traditional banking system if consumers and businesses move deposits to exchanges promising higher returns.</p>
<div class="lb-trans"><p>该报告估计，如果消费者和企业将存款转移到承诺提供更高回报的交易所，收益型稳定币可能会使传统银行系统外流高达 6.6 万亿美元。</p>
</div><p>Such outflows, they argue, would not only erode banks’ ability to lend but could also create new vulnerabilities in the wider financial sector.</p>
<div class="lb-trans"><p>他们认为，这种外流不仅会削弱银行的放贷能力，还可能在更广泛的金融部门中创造新的脆弱性。</p>
</div><p>The groups are pressing lawmakers to reconsider these specific provisions, warning that unless the imbalance is addressed, the sector could face instability.</p>
<div class="lb-trans"><p>这些团体正在敦促立法者重新考虑这些具体条款，警告称如果不解决这种不平衡，行业可能面临不稳定。</p>
</div><p>Their lobbying efforts reflect growing concern within established finance that the rules could accelerate a migration of funds from banks to digital platforms.</p>
<div class="lb-trans"><p>他们的游说努力反映了传统金融界对这些规则可能加速资金从银行向数字平台迁移的日益担忧。</p>
</div><h2>Crypto industry rejects concerns</h2>
<div class="lb-trans"><h2>加密行业拒绝担忧</h2>
</div><p>Industry advocates have dismissed the banks’ position, saying the rules reflect an intentional balance between innovation and oversight.</p>
<div class="lb-trans"><p>行业倡导者驳斥了银行的立场，称这些规则反映了创新与监管之间的有意平衡。</p>
</div><p>The Crypto Council for Innovation and the Blockchain Association have argued that the so-called loophole is not a flaw but a way to encourage competition.</p>
<div class="lb-trans"><p>加密创新委员会和区块链协会认为，所谓的漏洞并不是缺陷，而是鼓励竞争的一种方式。</p>
</div><p>Restricting exchanges, they claim, would tilt the market in favour of banks while reducing consumer choice.</p>
<div class="lb-trans"><p>他们声称，限制交易所将使市场倾向于银行，同时减少消费者选择。</p>
</div><p>Figures in the sector, including Coinbase’s chief legal officer Paul Grewal, have pushed back against suggestions of destabilisation, maintaining that exchanges should retain the ability to reward users for holding stablecoins.</p>
<div class="lb-trans"><p>该行业的代表，包括 Coinbase 的首席法律官 Paul Grewal，反对有关不稳定化的建议，认为交易所应保留奖励用户持有稳定币的能力。</p>
</div><p>They stress that the GENIUS Act is a milestone for regulatory clarity in the US, one that finally provides a framework for a rapidly growing asset class.</p>
<div class="lb-trans"><p>他们强调，GENIUS 法案是美国监管明确性的一个里程碑，最终为这一快速增长的资产类别提供了框架。</p>
</div><p>The post US banks lobby to amend GENIUS stablecoin Act, citing $6.6 trillion risk appeared first on Invezz</p>
<div class="lb-trans"><p>该文章的标题为《美国银行游说修改 GENIUS 稳定币法案， citing 6.6 万亿美元风险》，首次出现在 Invezz 上。</p>
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美国银行正在游说修改 GENIUS 稳定币法案，指出存在 6.6 万亿美元的风险