Thank you for your feedback, I really appreciate it. Let me clarify the issues you raised by saying I do understand that stablecoins represent a Fed bailout from the treasury market and all the issues associated with that. My fundamental point was to drive home how functionally identical Cbdc’s and stables are, as well as how GENIUS extends dollar hegemony via stables. This is the main driver in the CBDC arms race between the ECB & the Fed.