Many assume the era of central bank digital currencies (CBDCs) is over—but the threat hasn’t disappeared, not at all.

Stablecoins can function as CBDC equivalents: they enable centralized, programmable control over money, along with tracking and restriction capabilities that consolidate the digital control grid. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act has now passed, accelerating the push toward a stablecoin-dominated infrastructure. We anticipate that the banks that are shareholders in the Federal Reserve banks will be issuing stablecoins. As private banks, they are not subject to the direct congressional oversight and public obligations of the Federal Reserve. In effect, stablecoins could be used like CBDCs in all but name, with the benefit of having private banks in control.

As mentioned last week, Solari will be hosting a briefing on Thursday, August 14 to explore the implications of the GENIUS Act, what it means for economic freedoms, and what state leaders can do. We have already reached maximum attendance, but the recording will be posted here once edited.

“Plunder: Financing the Panopticon” is Catherine’s latest Substack post. In it, she details how modern technological systems are being weaponized as instruments of plunder—while urging the building of resilient communities and immune systems to resist such threats. Read it here.

In freedom,

The Solari Team