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  • Stablecoin bill

    From Joseph Pereira@1:124/5016 to All on Wed Jun 18 06:29:42 2025

    Yesterday, the American Senate voted on a stablecoin bill. The bill must now go to Congress. Among other things, the bill states that stablecoin holders have priority over holders of other forms of capital if a bank goes bankrupt. The text of the bill also states that senators and congressmen are not allowed to trade stablecoins, but the president is. Who would have expected otherwise? This has become a very successful scam from Trump. It has now been legally established that he can enrich himself. Who's going to stop him now? You'll be hearing a lot more about this in the coming weeks; that seems almost a certainty.

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