Genius Act
Legislation / Policy
A proposed law mentioned as a mechanism to force stable coins to use US treasuries, thus compelling investment and helping manage US debt.
Mentioned in 2 videos
Save the 2 videos on Genius Act to your own pod.
Sign up free to keep building your knowledge base on Genius Act as more episodes are added.
Videos Mentioning Genius Act
Game Theory #25: Trump Visits China
Predictive History
A proposed law mentioned as a mechanism to force stable coins to use US treasuries, thus compelling investment and helping manage US debt.
There's No Plan To Pay The $40 Trillion Debt — The Plan Is To Steal It From Your Savings
Tom Bilyeu
Signed by Trump in July, this law mandates that compliant stablecoins must be backed one-to-one by cash or short-term US treasuries, making them forced buyers of government debt.