美国提出了严格的支付稳定币规则,要求从2028年起实行1:1的支持和监督。 The U.S. proposes strict rules for payment stablecoins, requiring 1:1 backing and oversight, effective 2028.

美国财政部于2025年9月19日发布了《拟议规则制定提前通知》,寻求公众对执行《GENNIUS法》的投入,该法确立了第一个支付稳定币的联邦框架。 The U.S. Department of the Treasury released an Advance Notice of Proposed Rulemaking on September 19, 2025, seeking public input on implementing the GENIUS Act, which establishes the first federal framework for payment stablecoins. 制定规则的目的是促进创新,同时解决与非法融资、消费者保护和金融稳定有关的风险。 The rulemaking aims to promote innovation while addressing risks related to illicit finance, consumer protection, and financial stability. 它侧重于界定支付稳定币、设定准备金要求、确保遵守反洗钱规定以及确定允许发行人的资格。 It focuses on defining payment stablecoins, setting reserve requirements, ensuring anti-money laundering compliance, and determining eligibility for permitted issuers. 该框架自2028年7月18日起生效,将需要1:1的高质量资产支持、每月审计和公开披露的透明度。 The framework, effective July 18, 2028, will require 1:1 backing by high-quality assets, monthly audits, and transparency through public disclosures. 美国将禁止美国人使用不符合规定的稳定币,只有经授权的实体,包括银行和经认证的非银行,才能发行这些稳定币。 Non-compliant stablecoins will be banned for U.S. persons, and only authorized entities, including banks and certified nonbanks, may issue them. 预计此举将加强美国美元的全球作用,并推动数字资产一体化。 The move is expected to strengthen the U.S. dollar’s global role and boost digital asset integration. 2025年10月20日前应提交评论意见。 Comments are due by October 20, 2025.