Opinion: Trump teams up with the Treasury to promote a stablecoin framework, while JPMorgan shorts MSTR in retaliation

According to Maryland HODL analysis, a power struggle over the monetary system is unfolding in the United States. The Trump administration is quietly pushing for the transfer of monetary issuance authority from the Federal Reserve system back to the Treasury, utilizing stablecoins and Bitcoin reserves to establish a new digital dollar framework. JPMorgan, as the core of the old system, is countering by shorting MicroStrategy (MSTR) and creating liquidity bottlenecks.

MSTR has become a key bridge connecting traditional capital with the Bitcoin framework. The Trump team urgently needs to gain control over Fed governance before the Federal Reserve Board vote in February 2025, or they will miss the historic window to restructure the monetary system. This is not just a financial or political issue, but the largest transfer of monetary sovereignty since 1913.