Video & Transcript Research : 'digital divide'

Page 74 of 324
MN
Transcript Highlights:
  • And I think in this legislature, particularly in a divided, so closely divided legislature, we can't
  • And I think in this legislature, particularly in a divided, so closely divided legislature, we can't
  • And I think in this legislature, particularly in a divided, so closely divided legislature, we can't
  • And I think in this legislature, particularly in a divided, so closely divided legislature, we can't
  • And I think in this legislature, particularly in a divided, so closely divided legislature, we can't
Keywords: 1187, senate, all
FL

Florida 2026 Regular Session

Transportation Feb 3rd, 2026

Transportation

Transcript Highlights:
  • It repeals the statutory authorization for digital driver's licenses and identification cards.
  • for repealing the digital driver's license and also for the verification for the digital insurance cards
  • But just like Senator Harold just did her bill and us moving us into this digital age and the changes
  • Regarding the digital driver's license, one of my priorities has been, even since we had an individual
  • Regarding the digital driver's license, one of my priorities has been, even since we had an individual
Bills: S0260, S1220, S1352, S1362, S1370
Summary: The Senate Transportation Committee heard several bills, beginning with SB 1362 on advanced air mobility. Senator Harrell described the bill as a framework for vertiports and eVTOL aircraft, but an amendment removed the sales tax exemptions and narrowed the sovereign immunity provisions to vertiports co-located at airports. Supporters said the bill would help Florida lead in emerging aviation technology, while opponents and some members raised concerns about safety, local control, and extending immunity to unproven facilities. The committee adopted the amendment and reported the bill favorably. The committee also considered SB 260 on storage of damaged electric vehicles. The bill, as amended, would allow local governments to set a daily administrative fee of up to three times the normal rate for storing EVs with visible battery damage or saltwater intrusion, reflecting fire-safety spacing requirements. Testimony from insurers, towing interests, and fleet operators focused on whether the fee was justified, whether cleanup language could lead to cost shifting, and whether more data reporting should be required. The amendment was adopted and the bill was reported favorably. Members then approved SB 1352, which creates a secure online portal for license plate seizures and related DMV functions, preserves disabled veterans’ plate designations, prohibits license plate covers that obscure plates, and routes online license and ID renewals through county tax collectors. SB 1370 was also reported favorably; it closes a loophole so drivers who never obtained a license can still face habitual traffic offender penalties after repeated offenses. Finally, the committee took up SB 1220, a broad FDOT transportation package. After amendment, it retained provisions on trails, SunTrail, seaports, airports, drone delivery, autonomous vehicle protections, and FDOT coordination on federal funding, while removing the digital driver’s license provision and the rapid rail compact language. The committee adopted the amendment and reported the bill favorably.
CA
Transcript Highlights:
  • Advancements in AI have led to the creation of synthetic performers, which are human-like digital figures
  • created And it being a synthetic or digitally created bean inherently misleads the consumer.
  • another person's voice or likeness to create the Another person's voice or likeness to create the digital
  • is a nonprofit operating nationwide whose focus is to protect kids' safety and well-being in the digital
  • They deserve a digital world that supports their healthy mental development. I urge your I vote.
Summary: The Assembly Privacy and Consumer Protection Committee heard a long agenda focused largely on AI-related consumer protection, child safety, and privacy bills. Members first adopted the consent calendar, then took up SB 1050, which would require disclosures when advertisements use AI-generated or synthetic performers. Supporters, including SAG-AFTRA, Common Sense Media, and labor groups, said consumers should know when an ad depicts a non-human performer and that the bill protects both consumers and workers. Opponents from TechNet, the Motion Picture Association, broadcasters, and business groups argued the bill was too broad, lacked a deception standard, could burden accessibility uses and short audio ads, and created litigation risk. The committee voted the bill out on a party-line-leaning roll, with several members noting concerns but supporting continued work on the measure. The committee also approved SB 1111, which creates liability and remedies for non-consensual digital replicas using a person’s voice or likeness, and SB 1146, which targets deceptive AI-generated health advertisements that depict synthetic health care providers. Both measures drew support from consumer, labor, medical, and child-safety advocates and faced no formal opposition. Members emphasized the need to prevent deepfake abuse, especially in health-related ads where consumers could be misled into trusting fake doctors or medical endorsements. Several child- and privacy-focused bills were also heard and advanced. SB 867 would place a four-year moratorium on AI chatbot-powered toys for children, with supporters warning about harmful content, addictive design, and privacy risks; some opposition raised definitional concerns and asked for clearer standards. SB 1247 would give child influencers the right to delete monetized content posted during their minority, and it moved forward without opposition. SB 1000 updated California’s AI Transparency Act to align content provenance rules with newer technology and international standards, with support from Google and Adobe and no opposition. Finally, SB 957 would require social media companies to notify users when the federal government seeks their data through administrative subpoenas, give users time to challenge the request, and report disclosures; supporters framed it as a First Amendment and due process protection, while one member opposed it as an overreach against federal law enforcement. All of the measures discussed were reported out of committee, with several rolls left open for absent members.
MN

Minnesota 2025-2026 Regular Session

Committee on Education Finance - 02/20/25

Education Finance

Transcript Highlights:
  • We digitally archive all of these state documents.
  • <01:03:45.960> Library year the Minnesota Digital Library year the Minnesota Digital Library
  • cataloging and digital cataloging and digital preservation<01:04:40.000> they<01:04:40.200
  • <01:15:43.320> citizenship Minnesota teach digital citizenship Minnesota teach digital citizenship
  • of computer science and digital of computer science and digital citizenship<01:18:47.280> and
Keywords: 1187, senate, all
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, March 17, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • <02:16:41.840> and one hour of debate equally divided and one hour of debate equally divided
  • <02:17:34.719> and<02:17:34.880> controlled of debate equally divided and controlled
  • of debate equally divided and controlled by<02:17:35.280> the<02:17:35.439> chair<02:17
  • The rule provides one hour of general debate, equally divided and controlled by the chair and ranking
  • Bills meant to waste time, divide people, and shift the blame from billionaires onto immigrants.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, May 26, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • United States, we unplug and disengage from the business that is always demanding, distracting, and dividing
  • demanding, and<00:06:59.720> distracting, and distracting, and distracting, and<00:07:01.440> dividing
  • , and dividing, and dividing, and<00:07:03.200> we<00:07:03.320> take<00:07:03.720>
MN

Minnesota 2025-2026 Regular Session

Minnesota House passes omnibus pensions and retirement bill 5/13/26

Minnesota House Floor Meeting

Transcript Highlights:
  • And I just, uh, you know, people say that we're not able to do things in this divided government.
  • But no, this is great and I'm just really proud of the work that our team was able to do in this divided
  • But no, this is great and I'm just really proud of the work that our team was able to do in this divided
  • to<00:07:52.000> do<00:07:52.680> in<00:07:52.760> this<00:07:52.920> divided
  • team was able to do in this divided team was able to do in this divided government<00:07:54.280>
Keywords: 919, house, all
Summary: House File 4074, the second engrossment of the retirement bill, was presented as a broad pension package with changes affecting multiple public retirement systems. Rep. Lilly described provisions including bringing St. Paul teachers closer to parity with TRA, reducing the COLA waiting period for police and fire retirees from two years to one, lowering the retirement age for certain probation, corrections, and 911 telecommunicator workers from 60 to 55, addressing a State Board of Investments fix, and creating or continuing work on Secure Choice and other retirement-related issues. Members also noted help for volunteer firefighters, EMS-related workers, and a local fix for Maple Plain’s volunteer fire system. The bill was repeatedly described as bipartisan and the product of successful working groups and negotiations with the Senate. Several members spoke in support, emphasizing the importance of public pensions, the impact of inflation on retirees, and the value of the bill’s targeted improvements for workers who are often not covered by Social Security. Rep. Johnson, Rep. Hill, Rep. Vega, Rep. Robbins, Rep. Cha, and others praised the work of the pension commission, staff, and the co-chairs. They highlighted the St. Paul teachers changes, the police and fire COLA adjustment, and the bill’s efforts to honor promises made to public employees. Some members also pointed to the importance of work groups as a way to develop better long-term solutions. The main point of debate centered on the duty disability amendment, which would have addressed disability issues for first responders. Supporters said the issue is serious and needs a work group solution rather than piecemeal changes, while Rep. Johnson and others warned that the proposal could create problems by treating psychological injuries differently from physical injuries. Rep. Roach said the body should not have passed the prior law and urged a fix for disabled law enforcement and first responders. After discussion, Rep. Lilly withdrew the A3 amendment. Earlier technical amendments A9 and A10 were adopted by voice vote, with members noting they were non-substantive and intended to keep House and Senate language identical and avoid a conference committee. The bill then moved to third reading as amended, with members urging a green vote.
VT

Vermont 2025-2026 Regular Session

House Session - 2026-01-08 - 3:00PM

Vermont House Floor Meeting

Transcript Highlights:
  • . >> H609 to Energy and Digital Infrastructure. >> H610 to Energy and Digital Infrastructure. >> H611
  • H609 >> H609 >> to<00:05:22.400> energy<00:05:22.800> and<00:05:23.120> digital
  • >> to energy and digital infrastructure. >> to energy and digital infrastructure.
  • H610 H610 H610 >> to<00:05:26.080> energy<00:05:26.400> and<00:05:26.720> digital
  • >> to energy and digital infrastructure. >> to energy and digital infrastructure.
Keywords: 926, house, all
Summary: The House convened with a devotional message from Reverend Peter Pagi, who reflected on an ancient text about the Magi and emphasized themes of gentleness, invitation, trust, and a “laughing Christ” as a way to begin the new year and new biennium with openness rather than fear. After the devotional, the House suspended its rules to introduce 23 House bills by number only and referred them to committees, including Ways and Means, Judiciary, Transportation, General and Housing, Environment, Energy and Digital Infrastructure, Healthcare, Education, and Government Operations and Military Affairs. During announcements, a member introduced Meline Connory, a Brown University student and Vermont resident who had recently experienced a school shooting, noting her outreach to the Judiciary Committee and her testimony that day. The chamber also recognized representatives of the Federation of Vermont Lakes and Ponds, described as a statewide coalition focused on protecting Vermont’s lakes, ponds, watersheds, and aquatic ecosystems. On the action calendar, the House considered and adopted Joint House Resolution 6, authorizing the Green Mountain Boy State Educational Program to use State House facilities on June 25, 2026. The session then moved toward adjournment until Friday, January 9, 2026 at 9:30 a.m.
FL

Florida 2026 Regular Session

Senate in Special Session D Apr 29th, 2026

Florida Senate Floor Meeting

Transcript Highlights:
  • In other words, what does it have to do with dividing the city of Tampa into three sections?
  • In other words, what does it have to do with dividing the city of Tampa into three sections?
  • And therefore, he doesn't want lines that define or divide us on the basis of race.
  • our state and dividing each other and dividing issues on the basis of race, and we need to do more and
  • more to make sure that race is not a dividing issue.
Summary: The Senate convened in special session and took up Senate Bill 8D, later substituting identical House Bill 1D, to establish Florida’s congressional districts. The opening prayer and Pledge of Allegiance were followed by procedural remarks, then extensive floor discussion focused almost entirely on the redistricting proposal, its timing, and its legal basis. Senator Gaetz, explaining the bill, said the Governor had transmitted the map two days earlier, argued that mid-decade congressional redistricting is not prohibited by law, and said the Governor’s stated reasons were to address population growth and to draw race-neutral districts. He also said the legislature could accept, reject, or amend the proposal. Much of the debate centered on the U.S. Supreme Court’s recent Louisiana decision and whether it affected Florida’s Fair Districts Amendment and the Voting Rights Act. Senators Smith, Rouson, Sharief, Polsky, Arrington, Bracey Davis, Bernard, Nathan, and others questioned the short notice, lack of public hearings, the use of partisan data, the absence of sworn testimony, and whether the map diluted minority voting strength or fragmented communities of interest. Gaetz repeatedly said he was not offering legal opinions, that the Governor’s counsel believed the Fair Districts race-based provisions were inconsistent with federal law, and that any legal challenge would be for the courts. He also said the Governor’s mapmaker reported using census and demographic data, along with political data as one of many inputs, and claimed the map’s compactness was comparable to the current map. A motion by Senator Smith to temporarily postpone consideration of the bill failed on a 12-23 vote. After the Senate returned from a 30-minute break to review the new Supreme Court decision, debate continued. The chamber then substituted HB 1D for SB 8D, read the House bill, and advanced it to third reading. The transcript ends during debate on final passage, with Senators Rouson and Bernard speaking in opposition and arguing the map was procedurally rushed, legally vulnerable, and politically motivated.
FL

Florida 2026 5th Special Session

FL House Floor Session - 2026-04-29 (10:00AM Session)

Florida House Floor Meeting

Transcript Highlights:
  • In other words, what does it have to do with dividing the city of Tampa into three sections?
  • In other words, what does it have to do with dividing the city of Tampa into three sections?
  • And therefore, he doesn't want lines that define or divide us on the basis of race.
  • our state and dividing each other and dividing issues on the basis of race, and we need to do more and
  • more to make sure that race is not a dividing issue.
Summary: The Senate convened in special session and took up Senate Bill 8D / House Bill 1D, which would establish Florida’s congressional districts. The sponsor, Sen. Gates, explained that the Governor had transmitted a redistricting plan two days earlier and argued that mid-decade redistricting is legally permissible, citing population growth and the Governor’s view that race-based districting is unconstitutional. Much of the floor time was spent in extended questioning about the process, the lack of public hearings compared with prior redistricting cycles, the use of population estimates from the Census/EDR/ACS, compactness scores, and whether the Governor’s office used partisan data or outside consultants. Gates repeatedly said he was relaying the Governor’s proposal and legal theory rather than offering his own legal opinion, and he said any constitutional challenge would be for the courts. A major portion of the debate focused on the U.S. Supreme Court’s newly issued Calais decision and its implications for the Fair Districts Amendment and the Voting Rights Act. Senators questioned whether the decision struck down Section 2 of the Voting Rights Act, whether it affected Florida’s constitutional ban on partisan gerrymandering, and whether the Legislature should postpone action to review the ruling. A motion to temporarily postpone the bill failed by voice vote and then by recorded vote, 12 yeas to 23 nays. Senators also raised concerns that the proposed map cracked minority communities, including Latino and Black populations in Central Florida and Tampa Bay, and that it would produce a heavily Republican-leaning map despite the state’s voter registration mix. After debate on the Senate bill, the chamber substituted the identical House companion bill, read it a third time, and proceeded to final debate. Opponents argued the map was an illegal partisan gerrymander, was based on assumptions rather than verified data, and would likely lead to litigation. Supporters maintained that the Governor had authority to propose a congressional map, that the plan was race-neutral, and that the Legislature could accept, reject, or amend it. The transcript ends during continued debate on House Bill 1D, with no final vote shown in the excerpt.
FL

Florida 2026 Regular Session

Rules Apr 28th, 2026

Rules

Transcript Highlights:
  • At it with a different perspective, I had to find a boundary line within Sarasota County to divide that
  • I had to find a boundary line within Sarasota County to divide that area up, and I was able to use I-
  • Or I could have divided up the other counties and done something that may have been a little visually
  • And then in the central part of Pasco County, it's sometimes difficult to find block lines to divide
  • And then I continued using I-75, along with other major roadways, to try to divide them as vertically
Keywords: 999, senate, all
HI
Transcript Highlights:
  • You know, when I was a waiter, we didn't know how tips were actually divided.
  • We just kind of were actually divided. We just kind of accepted<00:18:25.919> it.
  • They just know that there's divided.
  • You know, other places have divided.
  • Um, so under FLSA, the way it's divided between federal and state is if the restaurant or business does
Keywords: 910, house, all
CA
Transcript Highlights:
  • Maryland's bill taxed all digital advertising.
  • Maryland's bill taxed all digital advertising.
  • We don't think that is relevant in the sense that it's digital advertising.
  • crucial step in ensuring kids can explore the digital world more safely.
  • It fights for a digital democracy that works for all.
Summary: The committee first heard AB 56, which would require social media platforms to display a warning label about potential mental health harms from prolonged use, with amendments shortening the initial warning and allowing immediate access to the platform. The author and supporters, including a parent who lost a daughter to suicide and a therapist, argued that social media contributes to teen anxiety, self-harm, and other harms and that families need clearer public health information. Opponents from tech and civil liberties groups argued the bill would be ineffective, burdensome, and likely unconstitutional, saying it would create warning fatigue and should be replaced by more targeted tools and digital literacy measures. Several members discussed emergency access concerns, language access, and whether the warning should be more actionable; the bill was moved on a 9-0 vote to the Judiciary Committee. The committee then took up AB 358, which would amend CalECPA to allow law enforcement, with the victim’s consent, to inspect certain abandoned tracking or surveillance devices found in a victim’s home, vehicle, or personal property without first obtaining a warrant. The author and a San Diego prosecutor said the bill is narrowly tailored to devices used solely for spying and is intended to help stalking and domestic violence survivors act quickly before evidence is lost. Opponents from EFF and the ACLU warned the bill would weaken warrant protections, create a loophole around CalECPA, and reduce transparency and accountability. Members debated Fourth Amendment issues, abandonment, and the practical need for rapid access; the bill passed the committee on a 9-0 vote to Appropriations. The committee also heard AB 1137, which builds on last year’s CSAM reporting law by allowing any user to report child sexual abuse material, requiring clearer reporting mechanisms, adding human review in some cases, and mandating third-party audits and public reporting. Supporters, including survivor advocates and a parent of a child victim, said the bill would reduce the burden on survivors and improve removal of abusive content. Tech industry opponents said they support the goal but objected to the human-review mandate, public audit disclosures, and enforcement provisions, arguing they could create security risks and compliance burdens. Members generally supported the bill’s intent but raised questions about audit frequency and human review; the bill was moved on call with seven votes at the time of the transcript.
FL

Florida 2025 Regular Session

December 10, 2025 - 09:00 AM

Transcript Highlights:
  • into multiple districts. ...that population is divided into multiple districts in which it is not a
  • So 60% minority is, in this situation, if that is divided into three districts with 20% BVAP each, that
  • So that's cracking: taking a minority population and dividing it among districts.
  • If we have an area like Pine Hills in Orange County, which is about 80,000 folks, could that be divided
  • Did that be divided up, or could we draw a district taking that into consideration that?
Summary: The Select Committee on Congressional Redistricting met for an informational presentation from outside counsel Andy Bartos on the legal standards governing congressional redistricting. He reviewed federal Equal Protection principles, Florida’s non-diminishment provision, and Section 2 of the Voting Rights Act, explaining how race can be considered in redistricting but generally cannot be the predominant factor. He also discussed the Florida Constitution’s tiered standards, including the prohibition on intentional political favoritism, compactness, and the requirement to use existing political and geographical boundaries where feasible. Bartos focused on two recent or pending cases: the Florida Supreme Court’s Black Voters Matter decision, which upheld the legislature’s 2022 congressional map and held that the non-diminishment clause does not justify making race predominant absent specific identifiable discrimination, and Louisiana v. Callais, pending before the U.S. Supreme Court, which may further clarify whether race may be used predominantly to comply with the Voting Rights Act or whether Section 2 remains constitutional as applied. He also explained how courts assess compactness and intent, and how data such as the 2020 census, voter registration, turnout, and election results are used for voting-rights analysis. Members asked about what triggers redistricting, whether the legislature must redraw maps now, what data is available in the mapping tool, how intent is measured, and whether public input opportunities will be provided. Bartos said redistricting timing is largely a legislative judgment unless a court requires changes, that the committee can consider whether BVM or the eventual Callais decision warrants revisions, and that the Callais ruling will bind Louisiana directly but serve as precedent for other courts. No votes or legislative actions were taken, and the meeting adjourned after the presentation and questions.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Tuesday, March 24, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • In today's digital age, it's past time for the FAA to join the 21st century and allow digital options
  • pilots the option to carry digital pilots the option to carry digital copies<05:01:42.240> of
  • The Airman digitize processes.
  • incremental step towards digitization incremental step towards digitization that<05:02:01.200>
  • into rulemaking to ensure these digital into rulemaking to ensure these digital certificates<05:
WV
Transcript Highlights:
  • If we were to instead divide the assessed value by 0.6, it brings us back to the full 100,000.
  • If we were to instead divide the assessed value by 0.6, it brings us back to the full 100,000.
  • So I think if that were to say divided by 0.6, that would be fine. Okay. That would be fine. Okay.
  • I'm going to amend the bill by replacing what is multiplied by 1.66 to instead be divided... ...which
  • By 1.66, and in striking that language and instead putting in lieu thereof divided by 0.6.
Keywords: 994, senate, all
MN

Minnesota 2025-2026 Regular Session

Committee on Housing and Homelessness Prevention - 03/17/26

Housing and Homelessness Prevention

Transcript Highlights:
  • unit if you could divide it by that?
  • by or divided by, it's 82% of that.
  • like multiplied by or basically divide like multiplied by or divided<00:17:34.720> by<00:17:35.760
  • <00:17:37.880> And<00:17:38.080> so, divided by it it's 82% of that.
  • And so, divided by it it's 82% of that.
Keywords: 1187, senate, all
NH
Transcript Highlights:
  • to hold and use digital assets.
  • we're going to be uh home to digital we're going to be uh home to digital asset<03:30:52.600>
  • So what digital scarcity means is you can create a digital token.
  • scarcity we have never had is digital scarcity we have never had digital<03:48:26.319> scarcity
  • scarcity means is you can create digital scarcity means is you can create a<03:48:36.880> digital
Keywords: 928, house, all
Summary: The committee held a public hearing on House Bill 552, which would remove the “full-time student” requirement for children ages 19 to 25 covered under the state retiree health insurance plan. The prime sponsor said the change would align retiree coverage with state employee and ACA plans, would not cost taxpayers because retirees pay the premiums, and could even reduce administrative burden and possibly state costs. The chair noted the bill simply removes the words “if full-time student” from statute and said the proposal affects very few retirees and has no cost to the state. No opposition was presented, and the chair closed the hearing on HB 552 after no further testimony. The committee then opened a public hearing on House Bill 648, which would require commercial insurance coverage for glucose monitoring devices and supplies for people with diabetes. The prime sponsor, a retired dietitian and diabetes educator, gave extensive testimony describing diabetes as common, costly, and serious, and argued that continuous glucose monitoring is important for managing type 2 and gestational diabetes, preventing hypoglycemia, and improving safety and decision-making. She said CGMs can alert users to dangerous blood sugar changes, help people understand how food, activity, and medication affect glucose, and save lives while offering a strong return on investment. During questions, a committee member asked whether the bill should specify that the monitoring be tied to prescribed treatment, and the sponsor agreed that adding “prescribed” would be appropriate. The member also asked about the proper threshold for coverage and whether the bill should be tied to fasting-test diagnosis; the sponsor responded that A1C is only one measure of control and does not show daily fluctuations, and said she was not prepared to recommend a specific threshold but could provide clinical guidelines later. No vote was taken during the hearing, and the sponsor indicated support for the bill’s general approach to broader CGM access.
AL

Alabama 2025 Regular Session

Alabama House Children and Senior Advocacy Committee Feb 26th, 2025

Children and Senior Advocacy

Transcript Highlights:
  • In closing, I implore you to support HB37 so we can work together to create a safer digital world for
  • But in the digital space, it seems that our children's privacy can be compromised with little oversight
  • Everyone agrees that keeping children safe in the digital world or in the physical world is one of the
  • This raises important questions about how age verification should be handled in the digital environment
  • I'm with the Digital Childhood Alliance, a grassroots organization with over 50 groups of concerned moms
Bills: HB285, HB317
NH
Transcript Highlights:
  • blockchain, uh, has all kinds of digital blockchain, uh, has all kinds of digital assets<00:10:48.720
  • Um we as a group digitally speaking.
  • And then prior the digital assets team.
  • > digital<01:07:26.640> assets<01:07:27.039> that custodian for digital assets that
  • first uh foray into accepting digital first uh foray into accepting digital assets<01:43:08.400>
Keywords: 1189, house, all
Summary: The commission met with a quorum, approved the agenda, and approved the November 12 minutes after a motion, second, and unanimous voice/online consent. The chair said the meeting would include two presentations—one from Noah Herman of Fortress Global and one from John Kicko and team from Hedera—followed by discussion of the commission’s next steps and public comment. The chair also noted he was still seeking a clerk for note-taking. Herman’s presentation focused on stablecoins, blockchain use cases, and operational considerations for states and other institutions. He described Fortress as an enterprise crypto-wallet and treasury platform serving corporates, governments, and nonprofits, and used examples such as Save the Children and a large global commodities firm to illustrate custody and treasury management on blockchain rails. He said stablecoins are designed to maintain a U.S. dollar peg, are increasingly backed by treasuries and subject to greater transparency, and are being adopted by major firms and payment companies because they can improve speed, reduce cost, and simplify payments. He also highlighted market growth, including claims that stablecoins now represent a significant share of on-chain activity and are a major holder of U.S. Treasuries. He identified custody as a key issue for state and institutional use, outlining qualified custody, managed custody, and self-custody models. He said the main practical challenge for the commodities client was moving funds safely and quickly across global time zones and that blockchain rails could solve problems that traditional banking rails could not. He framed the broader trend as one of accelerating institutional adoption, citing recent acquisitions and product launches by Visa, Stripe, Citi, and PayPal as evidence that stablecoin infrastructure is becoming mainstream.