Video & Transcript Research : 'stable token'
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WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 13, 2026
Minerals, Business & Economic Development
Keywords:
data privacy, government accountability, personal data, data retention, resident rights, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development, February 13, 2026
Minerals, Business & Economic Development
Keywords:
data privacy, government accountability, personal data, data retention, resident rights, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development Committee, February 27, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- enter<01:07:53.119>
into stable token commission to enter into stable token commission to earnings the stable token commission as earnings the stable token commission as earnings off<- So that's the stable token commission.
- the Wyoming Stable Token Commission. the Wyoming Stable Token Commission.
- One of the accept the stable token.
Keywords:
energy transmission, load growth, Wyoming energy authority, transmission planning study, public utilities, regional cooperation, energy, funding, grants, loans, coal, natural gas, mineral processing, economic development, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 27, 2026
Minerals, Business & Economic Development
Keywords:
energy transmission, load growth, Wyoming energy authority, transmission planning study, public utilities, regional cooperation, energy, funding, grants, loans, coal, natural gas, mineral processing, economic development, stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation
WY
Wyoming 2026 Regular Session
House Minerals, Business & Economic Development Committee, February 18, 2026
Minerals, Business & Economic Development
Keywords:
stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services
WY
Wyoming 2026 Regular Session
Senate Minerals, Business & Economic Development Committee, February 18, 2026
Minerals, Business & Economic Development
Transcript Highlights:
- stable token and it backing the Wyoming stable token and it also<00:01:48.000>
provides <00:01: - Uh the commission and the stable token.
- backing of the stable token and also the backing of the stable token and also the over<00:08:42.880
- over Wyoming stable token over Wyoming stable token over collateralization<00:09:13.360>
is - stable token commission. stable token commission. brief<00:10:26.800>
comment.
Keywords:
stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services
MN
Minnesota 2025 1st Special Session
House Human Services Finance and Policy Committee 3/13/25
Human Services Finance and Policy
Transcript Highlights:
- When a veteran comes in contact with MDVA staff in connection with a program like the Veteran Stable
- Our Veteran Stable Housing Initiative and other programs under the agency's veterans program division
- it has become obvious that veterans program staff supporting at-risk veterans within the Veteran Stable
- Maxis access allows the Veteran Stable Housing Initiative to identify those veterans not eligible for
- with a program like the veteran stable with a program like the veteran stable Housing<00:01:22.119
Keywords:
veterans, veterans affairs, State Soldiers Assistance Program, Veterans Stable Housing Initiative, MAXIS, human services data, data sharing, eligibility verification, informed consent, private data, benefits coordination, veteran housing, veteran assistance, Department of Human Services, Children Youth and Families, state benefits, federal benefits, privacy, public assistance, human services
AL
Alabama 2025 Regular Session
Alabama House Ways and Means General Fund Committee Apr 16th, 2025
Ways and Means General Fund
Keywords:
firefighter benefits, occupational disease, line of duty, disability pension, death benefits, retirement benefits, hypertension, heart disease, respiratory disease, cancer presumption, HIV, hepatitis, municipal firefighters, state firefighters, fire districts, workers' compensation, public safety employees, post-retirement benefits, benefit eligibility cutoff, occupational illness
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (10/15/2025)
Transcript Highlights:
- <00:53:21.760>
Token director of the Wyoming Stable Token director of the Wyoming Stable Token - <01:04:38.640>
token benefits of doing a stable token benefits of doing a stable token issuance - tokens, state-qualified stable tokens, and state-issued stable tokens like we saw from Wyoming.
- tokens, state-qualified stable tokens, and state-issued stable tokens like we saw from Wyoming.
- tokens, state-qualified stable tokens, and state-issued stable tokens like we saw from Wyoming.
Summary:
The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken.
The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading.
Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (11/12/2025)
Transcript Highlights:
- Now, that's already law that really governs stable tokens or stable coins or payment stable tokens specifically
- I'm going to use stable coin, stable token, payment stable coin, stable token, payment stable token.
- I'm going to use stable coin, stable token, payment stable coin, stable token, payment stable token.
- payment<00:17:19.199>
stable <00:17:19.520>tokens stable coins or payment stable tokens - > payment<00:19:05.760>
stable coin, stable token, payment stable coin, stable token, payment
Summary:
The commission met on November 12 and first approved the September 17 and October 15 draft minutes unanimously after brief discussion. Members also identified themselves for the record, including a new member from Bumpsk Bank, a staff attorney from the Secretary of State’s Bureau of Securities Regulation, a prior crypto commission participant, and a uniform law commissioner involved in tokenization projects.
The main presentation was by UNH law professor Seth Orinberg, who discussed the federal GENIUS Act and the pending Clarity Act and how they affect New Hampshire’s options in the digital asset space. He described the GENIUS Act as governing payment stablecoins/stable tokens, defining them as blockchain-based assets used primarily for payments, redeemable for a fixed amount of national currency, and required to maintain stable value. He said the law creates three possible state roles: hosting federally qualified issuers, becoming a state qualifier for issuers up to a $10 billion threshold, or exploring state-backed issuance as a sovereign. He noted that the state-qualification path would require conforming legislation, examination capacity, and coordination with Treasury, while the sovereign-issuer theory is legally uncertain and may become a test case.
Orinberg also outlined the core compliance framework he said applies to covered issuers: 100% reserve backing in high-quality liquid assets, monthly public reserve reporting, no yield or interest-like rewards, segregation of reserve assets, immediate redemption at face value, and anti-money-laundering/know-your-customer obligations. He then turned to the Clarity Act, describing it as a broader market-structure bill that would create categories such as digital asset, digital commodity, digital security, and ancillary asset, with self-certification procedures for issuers. He said the two federal laws together would separate payments from investments, preempt inconsistent state standards for covered payment stablecoins, and likely reshape the boundaries of state authority over digital assets.
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (01/14/2026)
Transcript Highlights:
- So, we're going to call the Commission to Study Stable Tokens, Real World Asset Tokenization, and Blockchain-Based
- Stable tokens opportunity to be here.
- <00:36:56.560>
assets stable coins and other tokenized assets stable coins and other tokenized - stable tokens because those dollars but stable tokens because those tokens<01:14:12.400>
can <01 - We the algorithmic form of stable token.
Summary:
The commission met to review stable tokens, real-world asset tokenization, and blockchain-based trust, approved the agenda and December 12 minutes, and heard a presentation from Anchorage Digital after postponing a planned Bitco presentation because of its IPO quiet period. Anchorage’s Melinda Delos, Joe Mioli, and Kevin Wasaki introduced the firm, describing it as a global digital assets platform and the first crypto-native institution in the U.S. to receive a federal banking charter. They said their approach emphasizes security, regulated custody and trading services, and responsible innovation for institutional clients, banks, states, and sovereigns.
The presentation focused on post-Genius Act momentum in the stablecoin market. Anchorage said the law provided regulatory clarity and helped spur activity with major clients, including Athena, Tether, and Western Union. The speakers highlighted Western Union’s planned stablecoin as especially significant because it reflects adoption by a long-established traditional payments company, and they said the project illustrates how stablecoins can support programmable, real-time, interoperable payments. They also noted that Anchorage is providing issuance infrastructure for the Western Union project.
The commission and presenters also discussed government uses of tokenized assets, including reserve legislation, digital assets for tax collection and fees, and a Marshall Islands initiative to use a tokenized sovereign bond for direct citizen payments. In response to a question, Anchorage said it would follow up on which states are using digital assets for revenue collection, mentioning Louisiana and Pennsylvania as examples. The banking discussion centered on remittances, instant payments, and interbank settlement, with Anchorage arguing that stablecoins can reduce settlement time, fees, and foreign exchange risk while improving traceability and auditability.
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (12/10/2025)
Transcript Highlights:
- This is the Commission to Study Stable Tokens and Real World Asset Tokenization, blockchain-based tokens
- it’s a stable token or a tokenized real-world asset.
- it’s a stable token or a tokenized real-world asset.
- tokens. dispersements of these in stable tokens.
- <01:47:46.320>
token so if the owner of that stable token so if the owner of that stable token
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.
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (05/13/2026)
Transcript Highlights:
- Stable tokens had also emerged, as you'll recall. Stable tokens were new.
- Um stable tokens were you'll recall.
- <00:36:46.960>
tokens validate similarly how stable tokens validate similarly how stable tokens - we are not a stable token. we are not a stable token.
- > coins,<01:52:22.760>
so stable tokens, that's stable coins, so stable tokens, that's stable
Summary:
The meeting opened with roll call, confirmation of a quorum, and approval of the April 6 and May 4 minutes, with minor corrections noted to the May minutes. The main presentation came from JD of Link Network, introduced by Dan Cohen, who described Link’s work with crypto.com and other market participants on tokenized money market funds and real-time settlement for institutional clients.
JD gave a detailed history of his earlier work developing the Arca U.S. Treasury Fund and ArCoin, emphasizing that the project was built within existing SEC and 1940 Act frameworks and was intended to use blockchain technology for a traditional asset rather than create a crypto product. He said the effort involved years of discussions with the SEC, multiple custodians, and partners such as U.S. Bank, T-Zero Securities, and Tassat, and that the model eventually led to Link’s settlement system. He highlighted concerns that shaped the design, including regulatory compliance, privacy for institutional users, and the need to bridge traditional banking hours with 24/7 digital asset markets.
The presentation also described Link’s features, including segregated and bankruptcy-remote fund structures, tokenized deposit and treasury fund settlement, and “yield in transit,” which allows interest to accrue and be distributed daily down to a two-second block. JD said the platform is being expanded for use cases such as exchange liquidity, cross-border capital movement, off-exchange collateral, stablecoin bridging, treasury management, and peer-to-peer settlement. He closed by posing policy questions for the commission about the use cases for stablecoins versus tokenized money market funds in New Hampshire and whether the state could issue or administer a security-based program with appropriate compliance controls.
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (03/10/2026)
Transcript Highlights:
- I know you heard from Wyoming at some point about their Frontier Stable Token.
- Uh this is going frontier stable token.
- Stable token isn't a certain...
- important for AI agents to to use stable important for AI agents to to use stable tokens<01:40:45.679
- between state chartered stable tokens? between state chartered stable tokens?
Summary:
The meeting began with roll call and introductions of commission members and guests, followed by approval of the agenda and a motion to approve the February 10 minutes with a correction clarifying that one quoted statement was misattributed. The commission then moved into presentations.
The main presentation came from the Conference of State Bank Supervisors on implementation of the federal GENIUS Act for stablecoins. The speaker reviewed the OCC’s recent 367-page proposed rule, noting it raises many open questions and design choices for states, and discussed expected upcoming rulemaking from the FDIC, Federal Reserve, and Treasury. The presentation focused on six areas: permissible issuer activities, reserve assets and redemption, risk management and supervision, treatment of state-qualified issuers, capital/operational backstops, and foreign issuers. It also flagged unresolved issues around Bank Secrecy Act/AML requirements and the meaning of “digital asset service provider” activities.
A substantial portion of the discussion addressed yield restrictions, with the presenter explaining the OCC’s broad definition of yield and its rebuttable presumption against issuer-affiliated or related third-party yield arrangements. The speaker said this likely forecloses many existing white-label structures but leaves some room for third-party payments depending on distance from the issuer, and noted ongoing Senate debate over similar provisions. The presentation also covered reserve valuation, liquidity and diversification requirements, redemption timing, and supervisory expectations such as third-party oversight, IT security, exam cycles, and reporting. No additional votes or formal actions were taken beyond approving the amended minutes.
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (02/10/2026)
Transcript Highlights:
- Stable tokens are sort of a version of that.
- Stable tokens are sort of a a assets.
- <00:46:05.280>
token let's say have their own stable token let's say have their own stable - <00:52:49.520>
token things including a state stable token things including a state stable - c><02:05:00.320>
people tokenization and stable coin is people tokenization and stable coin is
Summary:
The meeting began with roll call and approval of the prior meeting minutes, which passed unanimously. Members then introduced the day’s presentations, including one on the Canton network and another on tokenizing real-world assets, with a focus on how blockchain systems can support regulated financial institutions and asset tokenization.
Julie, the director of policy and government affairs at Digital Asset, presented on the Canton network, describing it as a privacy-enabled public blockchain designed for regulated finance. She said tokenization should preserve the same legal and economic rights as the underlying asset, and argued that blockchain-based books and records can shorten settlement times, improve 24/7 trading, and reduce friction in capital markets. She identified three main barriers to institutional adoption of public blockchains: lack of privacy, limited throughput/scalability, and lack of control for compliance purposes such as freezing assets, pausing transactions, and meeting AML/sanctions obligations. She explained Canton’s structure as a public, permissionless network with application-level privacy controls, a global synchronizer, and super validators chosen by vote. She also highlighted current ecosystem participants and use cases, including Broadridge, Circle, and the DTCC’s planned tokenization of U.S. Treasuries on the network.
Members and online participants asked about the relationship between tokenized assets and the Clarity Act, tokenized deposits, safeguards for faster settlement, and whether the platform could be used for municipal or property records. Julie said Digital Asset was not taking a position on rewards, but supported clearer statutory definitions because tokenized securities should carry the same rights as the underlying assets and investors need to know whether a token is a true tokenized security or a synthetic/reference token. She said the company is agnostic on whether the cash leg is stablecoins or tokenized deposits, though it expects both to develop. In response to concerns about rapid settlement, she pointed to institution-level permissions and SEC disclosure expectations as safeguards. She also said the technology could be used for other records, including potentially property-related records, if those assets can be tokenized.
NH
New Hampshire 2025 Regular Session
House Commerce and Consumer Affairs (01/15/2025)
Transcript Highlights:
- A stable token is a digital token represented on the blockchain.
- a stable token.
- of enact a stable token the state of enact a stable token the state of Wyoming<00:14:31.480>
is - <00:14:38.160>
on backed token stable coin uh on on backed token stable coin uh on on multiple - <00:15:59.959>
token <00:16:00.920>uh what a stable token uh what a stable token uh
Summary:
The House Commerce Committee opened a public hearing on House Bill 310, sponsored by Representative Keith Ammon, which would create a study commission to develop a legal framework for stable tokens and tokenized real-world assets. Ammon described stable tokens as blockchain-based digital tokens backed by U.S. dollars or treasuries, and tokenized real-world assets as representations of ownership in items such as gold, real estate, or artwork. He said the bill is intended to help New Hampshire get ahead of emerging financial markets while waiting to see how federal legislation develops.
Committee members asked about the purpose of the bill, the difference between this proposal and Bitcoin, whether state regulation could be preempted by federal law, and whether the commission could be balanced and avoid becoming a vehicle for fraud or money laundering. Ammon said the proposal is blockchain-agnostic, could apply to multiple networks, and is meant to regulate asset-backed tokens rather than create a state-issued coin. He emphasized that the state would not be guaranteeing the underlying assets, but would set rules requiring audits, proof of reserves, and honest representation of backing, with the Secretary of State’s securities office involved in oversight.
Several members raised concerns about the risks of stablecoins, including money laundering, tax evasion, and possible harm to the dollar or confusion about whether the state was endorsing a new currency. Ammon responded that the bill would not undermine the dollar and argued that tokenization could actually expand demand for U.S. currency by making it easier to use globally. He also said the state would not be in the business of weighing assets or directly valuing them, only ensuring a valid audit trail and one-to-one backing. The discussion ended with general agreement that the subject is complex and that a commission could help develop future legislation, but no vote or final action was taken in the hearing.
HI
Transcript Highlights:
- Tokenization.
- Tokenization.
- Tokenization.
- Tokenization.
- Tokenization.
Summary:
The Hawaii State Senate Committee on Commerce and Consumer Protection held an informational briefing on digital assets, blockchain, and related regulatory developments. Chair Jarrett Keohoko said the committee was focusing on national and state policy issues around digital assets, while leaving the separate issue of Bitcoin kiosks and fraud to the House Consumer Protection Committee, which had already noticed a similar briefing. No public testimony was taken; the session was for informational updates and member questions.
Representatives from the Aptos Foundation, including JC Yun and Michael Cheng, gave a detailed presentation on blockchain basics and Aptos’s technology. They described blockchain as a tamper-resistant digital ledger, explained proof-of-work and proof-of-stake systems, and argued that proof-of-stake networks are faster, cheaper, and more environmentally friendly. They also emphasized smart contracts and potential uses beyond speculation, such as car titles, college transcripts, collectibles, digital IDs, real estate, and other tokenized assets.
The presenters highlighted Aptos’s Hawaii connections and said the technology could help local residents and businesses participate in the digital economy. They cited adoption statistics, including billions of transactions on Aptos, tokenized money market funds from major financial firms, micro-lending applications, decentralized cloud infrastructure, and the rapid growth of stablecoins. They acknowledged concerns about scams and consumer protection, but argued that the answer is stronger regulation and education rather than avoiding the technology altogether.
WY
Wyoming 2026 Regular Session
House Floor Session-Day 5, February 13, 2026-PM
Wyoming House Floor Meeting
Transcript Highlights:
- We're going to get a stable token. We're going to get a stable token.
- We're going to get a stable token. We're going to get a stable<00:04:13.040>
token. - We're going to get a stable token. We're going to get a stable<00:04:13.920>
token. - Wyoming stable token. is 40-31106. Wyoming stable token. is 40-31106.
- <01:02:37.920>
Token Next to the Wyoming Stable Token Next to the Wyoming Stable Token Commission
NH
Transcript Highlights:
- The first one is stable tokens. Stable tokens are currently the 16th largest purchaser of U.S.
- So, China, Japan, some other countries, and a stable token.
- Uh, stable tokens are currently tokens.
- So a countries and a stable token.
- > digital<01:42:37.040>
token <01:42:37.840>that stable token is a digital token that
US
US Federal 2025-2026 Regular Session
Hearings to examine bipartisan legislative frameworks for digital assets. Feb 26th, 2025 at 01:30 pm
Senate Banking, Housing, and Urban Affairs Subcommittee on Digital Assets
Transcript Highlights:
- coins, so non-stable coins.
- Massari is one of the original thought leaders on stable coin policy and understands how stable coins
- The manner in which stable coins operate and all of the legislative approaches to stable coin legislation
- and competitive stable coin issuer landscape.
- The Stable Act doesn't have that.
Keywords:
Digital Assets, Bitcoin, Stablecoins, Legislation, Bipartisan, Consumer Protection, Regulatory Framework, Financial Innovation, Testimony
Summary:
The inaugural meeting of the Digital Assets Subcommittee brought a wave of excitement and anticipation regarding the future of digital assets, including Bitcoin and stablecoins. Chair Lummis expressed gratitude towards Senator Scott for establishing the subcommittee, indicating a commitment to promote responsible innovation while safeguarding consumers. Members discussed the necessity for a bipartisan legislative framework to regulate digital asset markets effectively while outlining the potential benefits such legislation could have on enhancing financial inclusion and streamlining payments. The meeting featured expert testimonies from key figures in the digital asset industry, highlighting the importance of creating clear regulatory guidance for digital assets to foster innovation without compromising consumer protections.