BREAKING: Banks Are Scared - Crypto May Get Direct Fed Access

The #FED proposed "skinny master accounts", letting crypto & fintech firms directly access the Fed's payment system WITHOUT needing banks.

Why banks are panicking:

→ No more middlemen (SWIFT, correspondent banks)

→ Companies like Circle & Stripe could settle directly with the Fed

→ 7 banking groups filed opposition on Feb 6

→ They demand a 12-month waiting period for crypto firms

The GENIUS Act (stablecoin law) passed in July 2025, but full regulations aren't ready yet. Banks say: "Don't give Fed access before rules are finished."

Fed Governor Waller wants these accounts live by Q4 2026.

Why it matters:

This is a fight over who controls how money moves in America. If crypto wins, banks lose their biggest advantage, being the only gateway to the Fed.