Kevin Olsen
speaker
244 appearances
1 recordings
1 series
first heard Jan 2026
last heard 29 Jan
Kevin Olsen’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.
Appearances
dollar.
Because what we have and what's coming from the Genius Act, and remember I said too, there's other different types of stable coins that are out there.
And if we look at the history of stable coins, there's some situations where if I were to mention certain names and you research it, you'd be like, I don't want that.
That wasn't good.
But we're not going to let that happen.
And the reason we're not going to let that happen, it goes to that backed by a US dollar.
See, when an institution, and it can be an institution, it can be a company, it can be a financial institution,
issues a stable coin and only approved people can issue these by the genius act at least the ones we use in the banking industry but when they issue a stable coin a key piece is that dollar that is being represented by that coin goes into a reserve account
We don't want that coin to fail, to lose value, to have an issue for the consumer or the business to not be able to get their dollar back.
So that dollar is protected.
It's going in that reserve account.
There's all kinds of rules around how that reserve account is to be handled, how it's to be managed.
There's going to be reporting requirements, CEOs, CFOs signing off on it, auditing, public records of that account.
And because that money is so important to know it's got to equal back,
Well, that money just sits there.
It can gain interest if you're the issuer.
It can.
It can do like, you know, sitting in a master account, you get money off it, right?
Well,
It can't do anything else, though.
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