# The Debtors Prison With Alan Johnson

- Canonical: https://groundzeroplus.com/the-debtors-prison-with-alan-johnson/
- Published: 2025-08-19T08:17:32+00:00
- Modified: 2025-08-21T05:43:46+00:00
- Author: Paul Sinclair

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The GENIUS Act, requiring stablecoins to be backed by U.S. Treasuries, follows the same funding model as the National Bank Acts, and it has the same limitations as a funding model. Stablecoins can bolster the market for U.S. debt, but they won’t tame the voracious interest monster that is consuming the federal budget. When we […]

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