Topic: Stablecoin Grid

Catherine Austin Fitts discussed the "Genius Act" and its role in establishing a digital control grid through the implementation of stablecoins. Fitts argued that the legislation allows Federal Reserve member banks to issue interoperable stablecoins that could eventually integrate with a social credit system. The plan reportedly involves using these digital assets as a modern equivalent to "pallets of cash" to maintain the U.S. dollar's status as a global reserve currency.