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Scott’s read: both parties promise you money that doesn’t exist.

DeFi Daily News by DeFi Daily News
September 10, 2026
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#Crypto #Bitcoin #CryptoNews #Investing #yahoofinance

Trump just promised every American $5,000. His last check never arrived.

Trump told a Dallas crowd that every American adult gets $5,000 if Republicans hold Congress in November. He promised $2,000 tariff checks back in November 2025, those never arrived, and the new pledge would cost more than a trillion dollars Congress has not approved.

Scott Melker’s point is that both parties do this, and the money never turns out to be there either time.

He also digs into Tether moving into private credit, PayPal letting anyone launch a stablecoin, Nasdaq paying $100 million to tokenize its own listings, and an Indian warehouse operator putting $2 billion of grain loans on a blockchain.

Timestamps
0:00 The promise that opened the show
0:51 Hunter Biden’s laptop coin, one day later
1:31 Trump’s $5,000 dividend, and who would have to approve it
3:39 Wholesale inflation, rate odds, and why the money isn’t there
6:38 Tether moves into private credit
8:27 PayPal lets almost anyone launch a stablecoin
10:36 Nasdaq buys into Kraken to tokenize its own listings
12:34 India puts grain loans on a blockchain

#Bitcoin #Crypto #Inflation #FederalReserve #Stablecoins #YahooFinance #ScottMelker #DailyWolf

==
AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors.
👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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Tags: Bank Chain AllianceBitcoincbdcCirclecoinbasecommunity banksdigital eurodoesntECBExistJapan blockchain settlementMiCAmichael saylorMoneyMSTRnet leveragePartiesPonzi schemePromiseReadregional banksRevolutrobinhoodscott melkerScottsSoFistablecoinsstate banking associationsStrategyStriveTetherthe daily wolftokenized depositsUSDCYahoo Finance
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