New global monetary system

[cherokeetroy]

https://x.com/ChadSteingraber/status/205...41264?s=20

[cherokeetroy]

https://x.com/coinbureau/status/20577332...90555?s=20
https://x.com/RapidResponse47/status/205...19718?s=20



Any significance behind the flags lacking gold fringe trim?

[cherokeetroy]

Another segment of the Fox News Crypto campaign

 

[cherokeetroy]

https://www.kucoin.com/news/flash/tether...rder-trade


"Tether says Georgia’s stablecoin framework — which governs reserve management, redemption rights, issuer oversight and anti-money-laundering compliance — was designed with substantive compatibility in mind with emerging U.S. stablecoin rules, including the GENIUS Act. - The GENIUS Act is slated to take effect no later than Jan. 18, 2027, and its proposed rules address issuer standards, state oversight and AML requirements. U.S. banking groups recently asked regulators to pause certain GENIUS Act rulemaking comment periods until the OCC finalizes its main stablecoin framework, underscoring how regulatory developments remain in flux.

Official reactions - Georgia’s Prime Minister Irakli Kobakhidze framed the partnership as a step toward “a more connected, transparent, and digitally empowered financial world.” - Tether CEO Paolo Ardoino said stablecoins are “becoming part of the infrastructure layer for global finance.” -"

[cherokeetroy]

https://tomorrowsaffairs.com/us-is-build...tal-dollar
 "The debate currently taking place in the US Senate on the regulation of stablecoins may initially appear to be another technical discussion about the crypto market.
 
In reality, behind the bill that Washington seeks to pass lies a much more significant process: the creation of a regulatory framework for the global spread of a private digital dollar.
 
Stablecoins were created as auxiliary instruments for the crypto market. Their basic function was simple – to enable the trading of digital assets without relying on traditional bank transfers and without the extreme fluctuations characteristic of bitcoin and other cryptocurrencies.
However, the market has developed much faster in recent years than both regulators and central banks anticipated.
 
Today, Tether's USDT and Circle's USDC are much more than ancillary instruments of the crypto industry. In much of Latin America, Africa, and Asia, they already function as a parallel financial system based on the US dollar.
 
They are used for international payments, inflation protection, savings, money transfers, and conducting business in countries with weak banking sectors or unstable domestic currencies.
In many countries in the Global South, the digital dollar is now more accessible than the local banking system.
 
This is why Washington can no longer regard stablecoins as a peripheral issue for the technology industry. Their growth is too significant to remain outside US regulatory and strategic control.
Under the new rules for the digital dollarA bill known as the GENIUS Act seeks to establish federal rules for issuing stablecoins for the first time. Companies issuing digital dollars would be required to hold adequate reserves, be subject to regulatory supervision, and meet requirements that bring them closer to integration with the traditional financial system.
 
Formally, the aim is to protect the market and prevent financial abuses. Essentially, the United States is attempting to regulate the infrastructure through which the dollar could also dominate the digital economy. This change has far wider ramifications than are currently recognised in public debate.
The global position of the US dollar in previous decades rested on several stable foundations: the depth of the US government bond market, the dollar's role in international trade, the political influence of Washington, and trust in US institutions.
 
Stablecoins are now opening a new channel for spreading dollar power – private digital platforms that operate globally, often outside the constraints of the traditional banking system. This changes the very nature of international finance.

The proliferation of a private digital dollar could directly strengthen the US government's ability to finance its debt on more favourable terms

Traditional dollarisation was mainly associated with banks, state reserves, and international energy trading. The new phase of dollarisation occurs through mobile phones, digital wallets, and private technological-financial networks.
 
In much of the world, access to the digital dollar no longer depends on the presence of American banks or the stability of the local financial system. An internet connection and an app are sufficient.
Washington recognises the strategic potential of these developments. Stablecoin companies must hold substantial dollar reserves and US government bonds to keep their tokens pegged to the dollar. As the market grows, the stablecoin sector becomes a more significant buyer of US public debt.
At a time when the growth of the US deficit and debt servicing costs are becoming serious political issues, the possibility of a new source of global demand for Treasury bonds is emerging.
 
In other words, the proliferation of a private digital dollar could directly strengthen the US government's ability to finance its debt on more favourable terms.
A new fight for financial infrastructureThat is why stablecoins are no longer a topic reserved for the crypto market or technology companies. Their growth has become a matter of monetary power, state influence, and control over future financial infrastructure.
 
European institutions already regard this as a serious strategic problem. In recent months, London and Brussels have increasingly warned that the American approach to stablecoins could further strengthen the international dominance of the dollar, just as Europe is trying to preserve the importance of the euro and its own financial centres.
The Bank of England has already expressed concern about the speed at which Washington is moving to institutionalise the stablecoin market. The problem for London is not only regulatory."

[cherokeetroy]

https://x.com/disclosetv/status/20588598...63654?s=20
https://x.com/NowTheEndBegins/status/205...06061?s=20

[cherokeetroy]

Paving the way for Digital ID 

https://www.whitehouse.gov/presidential-...al-system/

[cherokeetroy]

https://x.com/ShadowofEzra/status/205904...10678?s=20

[cherokeetroy]

https://x.com/scientificecon/status/2058...11521?s=20

[cherokeetroy]

https://x.com/AnatoliKopadze/status/2058...13173?s=20