Essentially the new Fed will manage our $38 trillion in debt

[bucolic_frolic]

9. What Gemini reports and what I'm hearing on YouTube alt financial channels

and i do shy away from the hard asset/gold/silver/crypto channels, is, well I won't try to rephrase it, I'll get it all balled up.

"Reserve Requirements: Stablecoin issuers are strictly required to back their coins 1:1 with liquid assets like U.S. dollars or short-term Treasuries, and are subject to monthly public disclosures of their reserve composition.

National Security & AML: Issuers are subjected to the Bank Secrecy Act, requiring them to implement anti-money laundering (AML) and sanctions compliance programs. They must also maintain the technical capacity to freeze, seize, or burn tokens to comply with lawful government orders.

Consumer Protections: The act mandates strict marketing rules to prevent deceptive practices, such as making misleading claims that stablecoins are government-backed or FDIC-insured. In the event of an issuer's insolvency, stablecoin holders’ claims are prioritized over all other creditors.

Regulatory Clarity: The act clearly delineates that compliant stablecoins are not classified as traditional securities or commodities, establishing a unified federal standard that aligns state and national frameworks."