Amy Leigh Pearson, Founder of TrustLogic, provides an informational comment regarding the ownership structure of stablecoins. She suggests a model where recipients hold a revocable right to funds rather than full ownership to simplify the process of unwinding fraudulent transactions without violating property rights.

The commenter, identifying as a concerned citizen, opposes the proposed action on the grounds that it will facilitate money laundering by the wealthy and lack accountability. They argue that the move will fail to stop terrorist financing and further enrich those in power.

An individual opposes the creation of the proposed organization, citing a lack of transparency regarding ownership and regulation. The commenter argues that the institution should be regulated like any other US business to protect taxpayers from potential risks associated with cryptocurrency.

The commenter opposes the proposed action, arguing that the regulations for the crypto bank are insufficient. They advocate for heavy regulation, public ownership transparency, and insurance requirements similar to traditional banking.

An individual commenter opposes the proposed federal regulation, alleging that it constitutes insider dealing and self-dealing by the current administration to benefit government officials and the President. They urge Congress to review the regulation due to its perceived irregularities.

The commenter opposes the proposed stablecoin without transparency regarding ownership, FDIC insurance for deposits, and oversight by an independent regulatory agency rather than the Secretary of the Treasury. They argue for stricter regulations to prevent money laundering and ensure depositor safety.