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I'm Clyde Lewis.

And this is Ground Zero.

The numbers to call tonight 503-2-2-860.

That's 503-2-2-5-0-860.

Well, like it or not, we're going to see the money in this country shift and change as we predicted it would it's a gradual thing

while we're all distracted and still distracted by the epstein debacle we've been

distracted by bombings and middle east and everything. Legislators introduced the Genius Act yesterday.

And of course, that would permit the U.S. government to regulate stablecoin.

It's called the Genius Act because it's an acronym for guiding and establishing national innovation for U.S. Stable Coins Act.

Genius.

It was sponsored by Senator Bill Haggerty, who is a Republican from Tennessee,

basically permits the government to oversee regulate and define the $250 billion

stable coin market.

Now, this is a, they're trying to fool us into thinking this is some cryptocurrency,

but it differs in a lot of ways because what is going on is that we have stable coins

pegged to a stable asset such as a fiat currency or commodity.

Cryptocurrencies, though, are allowed to freely operate on the market based on supply and demand.

The Genius Act will peg stable coins to the U.S. dollar and will require issuers to maintain a

one-one reserve ratio in short-term treasuries or cash.

So basically, it's just a coin that represents a dollar.

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