Powell is full of crap. The Genius Act, allowing for Stable Coins doesn't mean only one Stablecoin attached to the dollar will be available. Nope. Wait till you see a Stable coin backed by Gold. Or one backed by Bitcoin. Americans know what the fiat dollar is. It's been a path to slavery, having to work harder & harder as inflation takes our buying power from us. Well, when other currencies are easily available, you think people will keep their wealth in the fiat dollar? I don't think so.