The GENIUS Act defines a payment stablecoin as a digital asset that is designed to be used as a means of payment or settlement that the issuer is obligated to convert, redeem, or repurchase for fixed monetary value and that the issuer represents will maintain, or creates the reasonable expectation that it will maintain, a stable value. The term does not include a digital asset that is a national currency, a deposit, or a security under federal securities laws. Payment stablecoins are not federally insured.
https://www.sidley.com/en/insights/newsupdates/2025/07/the-genius-act-a-framework-for-us-stablecoin-issuance
The Patriotic Mint
https://www.thepatrioticmint.com
1928 Federal Reserve Note Collection - “GOLD …
1928 paper currency was unique because they were the last bank notes redeemable in gold. They read “Redeemable In Gold …
The cost of energy to the value created in work (algo) is limiting factor. Thus, the intrinsic value, the value stored in the electronic media substrate can now be transferred through the exchange of value tokens. Gold is what it is to cash, and now bitcoin just pegged to the full faith and credit of Trump country.
Did Trump just commoditize electronic tokens?