There is a solution to banks to participate in this business whether it's through custody or their own coins. Let me shift gears really quickly in my final 30 seconds. President Trump issued an executive order on modernizing payments to and from Americans bank account. The executive order noted that treasury checks are 16 times more likely to be reported lost or stolen or returned as compared to electric transfer funds. Do you think we're making real progress in this space? We are working all speed ahead. Congresswoman from Staten island told me of numerous losses of checks in the postal system and it is both cost cutting and good practice. (04:33–04:48)
CLAIM
Asserts that treasury checks are 16 times more likely to be lost or stolen compared to electronic transfers.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
