This marks the first time a major world power is simultaneously establishing private stablecoin frameworks while explicitly blocking central bank digital currency - a unprecedented dual approach that creates authorized private digital dollars while preventing government-controlled versions. This unique legislative combination reveals how prophecied economic control systems might emerge through private rather than state channels.
Trump's Stablecoin Bill: Digital Currency Control Takes Shape in US
📰 What Happened
Congress is poised to pass its first major crypto legislation as the House prepares to vote on the Senate-approved GENIUS Act next week. The bipartisan bill would establish federal regulations for dollar-pegged stablecoins. Two additional bills are also scheduled for vote: one dividing crypto oversight between SEC and CFTC, and another blocking any US central bank digital currency. The House Rules Committee meets Monday at 4pm to review all three measures, with floor votes expected Tuesday.
📖 Prophetic Significance
The GENIUS Act's framework for dollar-pegged stablecoins, combined with explicit prohibition of central bank digital currencies, demonstrates how Revelation's economic control system could be implemented through private monetary networks rather than traditional government currencies. The bill's division of oversight between SEC and CFTC creates a regulated but decentralized structure that could enable the prophesied global economic system without requiring direct state control. This hybrid approach of authorized private digital currencies operating under federal guidelines provides the technical infrastructure for universal economic participation while maintaining the appearance of free market choice.