🚨 Stablecoin Bill Could Pass Next Week Get Ready!

Tony Edward. On your way in. Please sit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. Folks. It was a big day for

Mike Novograts and Galaxy Digital. They went live public on the NASDAC. This is another historical moment. We are seeing more and more crypto companies going public, whether that's through IPOs or SPACs or different types of methods to get listed, but incredible stuff here. Now. They have been public in Canada, where they were listed on the Toronto Stock Exchange, but now they're here in the United States, and of course because the United States is much more favorable to crypto.

Everyone is feeling free to do these things and expand their businesses and operate as business as usual versus how it was under Genser and Elizabeth Warner and Biden for the past four years. So big win here, folks. Signs of the times and how bullish things are getting for this industry now. Senator Bill Haggerty came out today and

not only him, Senator Kirsten Gillibrand they both came out saying they're ready to pass the Genius Act next week. That's a stable cooin legislation. Here's what Senator Bill Haggerty had to say. Next week, the Senate will make history when we passed the Genius Act that establishes the first

ever pro growth regulatory framework for payment stable coins. This bill will cement the US dollar dominance, protect customers, increased demand for US treasuries, and ensure that innovation in the digital asset space is in the hands of the United States of America, not our adversaries. Folks, This would be incredibly bullish if they are able to get this through next week. There have been some hurdles with Democrats, but

the good thing is if you know your politics. Senator Kirsten Gillibrand is a Democrat and Bill Haggerty is a Republican. We have bipartisan support, and to have Jillibrand leading on the Democrat front is very bullish so she can rally some of the other Democrats to get this through. Incredible stuff here, folks. I'm very excited for next week to see how this plays out and to have both Democrats and Republicans working together to get this through. Here's what

bo Hines had to say. Many of you may have caught my interview with bo Hines from not too long ago. He said, the Genius Act is about securing the future of American finance. Stable coins, strengthen US dollar dominance, modernize our outdated payment rails, and give Americans faster, cheaper, and more transparent ways to move money. Digital asset technology is

the next generation of finance. The United States is ready to lead it, and Cody Carbone, CEO of the Digital Chambers, said, we're on the precipice of passing the Genius Act, one step closer to securing US dollar dominance into digital age. A lot of work to be done, but the monumental leadership from bo and others to get this close should

not be unnoticed. We cannot waste this opportunity, so obviously referencing Bahines and David Sachs and their work they've been doing and helping to push Congress through, and the industry has also been weighing in. So the stage is being set here for next week to be a historic week with stable coin legislation pass. And I think the market could rally off of this. We'll see, you know, it just depends on the charts and what is happening in

the macro. Of course, But as I've been saying, we are in a bull market, so good news can help move the price. It doesn't always help move the price, because you know, you have to look at the technicals and the sentiment much more. But if everything aligns here, this could be really great now, folks. Quick word from our sponsor, and that is Proppy. Propy is leading to

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York and the Bank of International Settlements are testing smart contracts to explore tokenized monetary policy. Of course they are. If we are creating a world with stable coins and tokenized treasuries and bonds and funds and all these things, and everything will be running on the blockchain. It's what I've been telling you guys, government's economies, markets will be running in the blockchain. What do the central banks have to do? They have to be able to plug into

the blockchains, have interoperability, be able to monitor all of this. Right, common sense will tell you that. So we're seeing the start of this, and let me give you some more details here. So central banks are experimenting with smart con to implement monetary policy and tokenized environments, signaling a growing

interest in integrating blockchain technology into traditional finance. According to a joint research study by the Federal Reserve Bank of New York's Innovation Center and the Bank for International Settlements BIS Innovation Hubs Swiss Center, smart contracts could offer central banks flexible, rapid response tools in a tokenized financial system. The study, dub Project pying, tested a prototype generic customizable monetary policy tokenized toolkit for further research by central banks.

According to a BIS report published May fifteenth, the smart contract toolkit was fast and flexible. The BIS wrote in hypothetical scenarios, the Central Bank was able to add and change tools instantly. My goodness, Uh, this is incredible. Folks. Wake up if you are still on the fence, because the private sector and the public sector are moving in tandem, and they're both headed towards the same direction, and that

is crypto and blockchain. And as I've been saying for years, blockchain is the next layer on top of the Internet. It will change the way we transact and do business and how we trust each other. And with all the assets on the blockchain via tokenization, once again that central banks are going to have to plug into all of this and be able to operate it in this environment

and understand what's happening. So this is so bullish. I know it seems like boring new Central Bank BIS blah blah, But they wouldn't be doing this if the future wasn't what we're talking about here. And again, there's a lot of people out there saying this is a scam, a ponzi blah blah. Blockchain is crab, it doesn't work. Yet the biggest institutions in the world are participating and even

the governments and their central banks. Folks, count yourself lucky if you are here, you understand what the hell is happening, and you're taking your bets so to report. Emphasis is that if tokenization becomes widely adopted for money and security, smart contracts could play a central role in how monetary policy is executed. Incredible stuff here, guys, Incredible stuff. All right, moving ahead, we got an update with World Liberty Financial

stable coin. It's now available on multiple networks via chain link on Bullish on chain link. Many of you know I hold that in my portfolio. So World Liberty financials USD one stable coin is now operable across multiple blockchains through chain links. CCIP USD one, a US dollar back stable coin has seen its adoption grow in reach two

billion dollars in market capitalization. The CCIP integration addresses crosschain security vulnerabilities which have historically costs users billions the firm set. So even Trump's crypto businesses are expanding and building and using multiple blockchains because interoperability is so important. It's going to be a multichain world. And mostly his kids are running these businesses, like Eric Trump and Donald Trump Junior,

and in fact Donald Trump Junior spoke a Consensus saying the banks made the biggest mistake of their lives. So he's talking about how they fought crypto. He said, there's a famous saying that sometimes the enemy of your enemy is actually your best friend. Eric Trump told the crowd at Consensus in Toronto, Canada, that was the Trumps with the crypto community. And I think the banks made the

biggest mistake of their lives. So we know the banking incumbents, as I've been saying for a long time, are the ones who weaponize Elizabeth Warren and Gary Genser because how

dare you move money outside of them? Right? You think about JP Morgan, the world's largest bank, and they're plugged into the FED, and they've been running the show for a long time, making tons of money, both on payments as well as investments, right because they have their investment arm But how dare you go outside of them and go buy tokens on a blockchain? And years ago they couldn't touch it, right, They couldn't custody it, they couldn't

trade it, they couldn't touch it. So you can imagine why Jamie Diamond and all these folks were out there talking negatively about bitcoin and crypto. It's crap. You'll lose all your money. It's a scam. Yet they've been trying to build their own version behind the scenes, jpm Coincorum. Just this week, I told you folks about JP Morgan building on Ondo because they realized public blockchains are the way to go. No one wants to use the Wall

Garden private blockchain. Why would I trust JP Morgan's or Bank of Americas or whoever's private blockchain when you can manipulate it. But on a public, decentralized blockchain, it's fair game. It's open and different. Folks can plug it in and build and we can transact safely because it's a public blockchain that's decentralized. So that was the game. That's why Genser was fighting back and all that he was lobbied.

Elizabeth Warne was lobbied. You saw Jamie Diamond and Elizabeth Warren in a hearing, both ganged up to get other against crypto. Right, they came out seeing all kinds of negative stuff, and yet look at what JP Morgan is doing. So this is what was going on. And then Operation Choke point two point zero. They try to Dbank, the crypto industry and much more so. It's it's incredible. But you know, I've said it years for years now, disruptive

technology always wins. You know, there's a saying, first they ignore you, then they laugh at you, then they fight you, then you win, and folks, we are in the then you win phase. Look at this. Brian Armstrong, Coinbase CEO,

tweeted out the following that crypto lending markets are moving on chain. Over two hundred million dollars borrowed on coinbase retail loans. This was one hundred million dollars two weeks ago. So we are seeing borrowing and lending on the rise again.

This is very good for the market. Now we've got to make sure it's done right because we saw what happened in the last bull market when it wasn't done right and there was a lot of lies, you know, three hours Capital selsia FTX of course, and there's some other folks block five as well. Right, So I think the industry has matured. All the proper safeguards are there, but you also have to do your research. You know, if you're doing any type of barring lending, understand the

network it's being done on which exchange. I think coin Base is very reputable. Of course, they are public companies so they are held to a higher standard. So just be careful, do your research, cross your t's, dot your eyes and double check everything. But if this is done right, it will open up the world of opportunity where if you're holding out to your crypto, you put it in a smart contract, you lend it out and you earn

some yield. And obviously there's terms to that. You know, if it's a six month term, year, well whatever, then you get it back. That will be amazing for the crypto industry. And it would also allow us to bridge easily to real world transactions like mortgages and you know, loans and all kinds of stuff would transfer much more. So this is really good to see, folks. That's the news. Let me know what you think. Leave your thoughts and

comments below hit the thumbs up button. A great way you can support me if you appreciate this content is by subscribing to my free email newsletter. It's one hundred percent free. Link of being a description. Check out my book on Amazon it's available in paperback and digital, and my course at Mycryptocurse dot com Thank you for watching and listening. I appreciate you all, and I'll talk to you all later