The speaker claims the U.S. Treasury engineered a $3.7 trillion shift of federal debt into crypto by giving banking charters to crypto firms. Tether holds $141 billion in Treasury bonds, and Iran's central bank secretly holds $507 million in Tether. The BIS confirmed stablecoin growth injects liquidity like a Fed rate cut.
$3.7 trillion engineered to move in crypto, and the decision was already made. Most people are going to miss every single dollar because they're focused on the wrong war. Don't get me wrong, crypto is pretty much politics. The entire altcoin season was stopped by the Clarity Act. But this is kind of like in the background while nobody's really paying attention to it. It all started when the OCC started handing out federal banking charters, basically turning crypto companies into banks overnight. See, Washington needed a new buyer for their $38 trillion worth of debt. And when these crypto companies got this OCC charter, it's the difference between someone playing poker at someone's basement versus owning the casino. Crypto companies got the keys to Federal Reserve's payment rails. So Tether alone bought $141 billion in US government bonds. Then we have JP Morgan, Bank of America, Citibank, Wells Fargo, all building stablecoins simultaneously. BlackRock, the largest tokenized debt fund on blockchain. Standard Chartered, $1 trillion projection. The entire financial establishment Started moving forward in that direction. Keep in mind, Standard and Chartered is like 150 years old. So there's some crazy projections being thrown around of like $500 billion projected to leave traditional banks from very credible people. But it really gets out of control when you think about what's happening in Iran. See, the old system takes your bank deposit, loans it out to other people, and then gets the difference between the spread. They keep the yield. They pay you a little bit. Now, the new system, a crypto company takes your deposit, parks it into government bonds by federal law, keeps the yields, and whoever's in the middle makes billions and billions of dollars. All of those stablecoins that are being used to pay back government bonds can be reinvested by people to go right back into government bonds through tokenization. And they're projecting that it's like a huge scale, like $3.7 trillion. And I'm not making that number up. That number actually comes from Scott Bessette, the US Treasury Secretary. He's the actual architect. Okay, so he's giving you the blueprint. That's not a prediction. That's a plan. The BIS themselves confirmed stablecoin growth injects liquidity equivalent to a Fed rate cut straight into risk assets. The Federal Reserve himself is cutting at the same time. That's 2 liquidity engines running simultaneously. Now this part gets a little sketchy because Iran's central bank was secretly holding $507 million in Tether as their shadow dollar reserve. The US dismantled their crypto financial infrastructure and launched military strikes at the same time. We know this. The financial kill chain comes before the bombs, okay? They hit them from the AI front, the financial front, and the physical front. And we're going to do a full video on that next, so stay tuned. At Besant's projections, Stablecoin would absorb more US debt than Japan and China combined. And there's no financial model right now that accounts for what happens with the Clarity Act and DeFi. There's a reinvestment loop that can happen because of decentralized finance, and the current Clarity Act says that they don't need any reports. They don't need to report all the transactions because it's like a common good. The system is cracked in crypto. Chartered crypto banks, mandatory Treasury backing, a 5-loop dollar recycling machine. All the money goes into government debt. Pretty much the US can freeze any national digital reserves on command. Crypto is literally sitting at the center of all of it.
