Farcaster

💡 Imagine welcoming the age of “free crypto,” only to find yourself stepping quietly into the architecture of total digital control.

Last week, the U.S. Senate Banking Committee quietly advanced the GENIUS Act — and with it, a stealth rollout of everything Americans feared about CBDCs, now delivered… through stablecoins.

Here’s what’s inside the bill:

🔍 Mandatory KYC for major transfers
Every significant transaction now requires full identity verification.

🛑 Freeze on demand
The U.S. Treasury can block “suspicious” transactions at will.

🏦 Tight reserve rules
Stablecoins must be backed only by cash, bank deposits, or U.S. Treasuries.

📊 CBDC in disguise
Complete oversight, centralized control, real-time transparency — all the traits of a CBDC… just without the label.