Headline, August 27 2025/ CRYPTO : ''' SINGS SO SIGNS '''

CRYPTO : 

''' SINGS SO SIGNS '''

FORTUNE FAVORS THE BRAVE : H.E. PRESIDENT Trump and his family are vociferous crypto advocates and investors. And over all these many years H.E. has been '' honour-endowed '' with lifelong membership of !WOW!.

IMAGINE now, President Trump putting in a great word for !WOW! with his family's crypto company to consider an MOU with !WOW!. ' Boy O' Boy ' we have a liftoff for great wealth creation to serve students and humanity.

GET ME RIGHT : !WOW! has the capacity, the power. the will, and the intellectual capital to upend a century of accepted banking practices. And all this while building a new and a better world for this and future generations.

NOT LONG AGO - BANK EXECUTIVES would compete with one another to be the loudest critic of cryptocurrencies.

Jamie Dimon - the chief executive of JPMorgan Chase, once compared Bitcoin to a pet rock and said the whole crypto industry should be banned. Bank of America's Brian Moynihan described the space as an ' untraceable '' tool for money laundering,'' while HSBC's chief executive proclaimed bluntly : We are not into Bitcoin.''

NOW big Banks can't stop talking about crypto : In investor calls, public presentations and meetings with Washington regulators financial executives are tripping over one another to unveil new plans -including the development of fresh cryptocurrencies under bank umbrellas and loans tied to digital assets.

There's no small mix of political opportunism at play, given that President Trump and his family are vociferous crypto advocates and investors.

And of course there is a degree of old-fashioned jealousy among the traditional finance set at the riches earned by onetime fringe companies and investors as Bitcoin more than doubled over the past year to blow past $100,000.

But behind the scenes at major financial institutions - and in stark contrast to the public showboating amongst chief executives - fear is also rising that the rush into crypto may risk the safety of personal bank accounts in ways that Wall Street and Washington are just beginning to understand.

The worries, described by nine Wall Street executives briefed on their organizations' crypto initiatives but not authorized to speak publicly for their employers, center on the creation of a new interbank checking account and payment systems built on crypto and blockchain technology. That system would come with few consumer protections and nascent regulatory oversight.

The system, being sketched out by top executives and lawyers at huge banks, including JPMorgan, Bank of America and Citi, involves a complicated corner of the crypto ecosystem called stablecoin.

The Power Of Stablecoins : Stablecoins work like a digital i.o.u. Their value is pegged to the U.S. dollar, unlike cryptocurrencies like Bitcoin, which have no such constraint and thus can swing wildly in price.

Here's how they will work : A bank customer places cash with the bank and gets a stash of stablecoins in return. The consumer can then use these coins, for instance, to send money overseas or make international payments less expensively than wiring money.

The funds that a customer exchanges in return for stablecoins is, to the bank, the equivalent of a guaranteed profit.

That's because a U.S. federal law passed this summer with bipartisan support requires banks to take the money they receive for stablecoins and invest it in government bonds and other virtually risk free assets. These bonds generate interest, which the bank keeps.

Unlike traditional bank accounts, these savings don't earn even nominal interest for depositors.

Another big change : Stablecoins eschew the century-old practice of automatic federal deposit insurance. If they fail, there is no guarantee of a government backstop.

BANKERS SAY stablecoins, if widely adopted, could bring a radical change to the nuts and bolts of their industry, and they have the potential to upend a century of accepted banking practices.

The Honour and Serving of the Latest Global Operational Research on Banks, Crypto, !WOW! and the future, continues. The World Students Society thanks Rob Copeland.

With most respectful and loving dedication to The Global Founder Framers of !WOW!.

Esteemed all : Rabo, Haleema, Sahar, Juniper, Hussain, Salar, Ali, Ehsan, Hamza, Haider Abbasi, Sanan, Ibrahim, Shahrayar, Bilal, Ghazi, Zaeem, Wasam, Toby, Hanyia and all the great Students of the world, Leaders, Parents, Professors and Teachers.

See You all prepare for Great Global Elections on !WOW! - the exclusive and eternal ownership of every student - and for all subjects: wssciw.blogspot.com and Twitter X !E-WOW! - The Ecosystem 2011 :

Good Night and God Bless

SAM Daily Times - The Voice Of The Voiceless