«A policy shift is needed to focus on what’s important,» says Rochard. The bitcoiner is one of those who believes that the Bitcoin Strategic Reserve was «stolen.» In a technical working meeting held this Monday at the White House, representatives of the cryptocurrency sector and traditional banking met for two hours to discuss the regulatory future of the digital asset industry in the United States. In the opinion of Pierre Rochard, current CEO of The Bitcoin Bond Company and sector analyst, the focus of the meeting was wrong. Rochard called the debate over stablecoin yields a “huge distraction” in a moment that he considers critical for monetary policy and technological of the country. The meeting, led by Patrick Witt, executive director of the Crypto Council, had the main objective of unblocking the CLARITY law proposal. The central sticking point is whether dollar-pegged stablecoins They may legally offer interest or rewards to their users.
According to Rochard, this direction is counterproductive to the national interests of the United States, which must be focused on the Bitcoin protocol.
“The focus should be on tax exemption for Bitcoin and securing the Bitcoin Strategic Reserve, not on the performance of stablecoins. “This is a great distraction at a critical moment,” said the specialist.
Rochard questions that the discussion in the White House has not focused on the Bitcoin Strategic Reserve. Source: @BitcoinPierre – X.
A call for restructuring priorities
Rochard He emphasized that the current administration needs an immediate change of course in their policies towards digital currencies. The analyst expressed his dissatisfaction with the management of issues related exclusively to the Bitcoin protocol. and suggested that The current advisor structure is not sufficient to address the complexity of the market.
«A policy change is needed to focus on what is important,» Rochard said. To then exclaim: «We need an exclusive Bitcoin czar who reports directly to the president of the United States.» «I am open to other ideas, but the status quo is not working,» he said.
An ultimatum from the White House to reach agreements
Rochard’s criticism comes after Donald Trump’s administration issued an ultimatum to meeting participants. These must reach an agreement on stablecoin yields before the end of February.
Otherwise, the chances of the legislation succeeding during the current fiscal year would be minimal. For the bitcoiner, this urgency to regulate instruments linked to the dollar It is a smokescreen against national security problems. Among them, the apparent theft from US government wallets. The analyst referred to recent incidents that would have compromised the custody of crypto assets in government hands. “I can’t believe we were robbed of the US Bitcoin Strategic Reserve and the cryptocurrency industry lobby is busy debating the performance of stablecoins,” he questioned. «A serious and urgent reform of Bitcoin policy is necessary. We are not a Bitcoin superpower when coins are stolen from the Bitcoin Strategic Reserve. “And where is the audit?” he pointed out.
Rochard believes it is necessary to move the discussion towards the security of government cryptocurrencies. Source: @OneChairPod – YouTube. According to Rochard, The alleged theft from government wallets is a “humiliating shame”. This, when remembering the accusation against the young John Daghita, accused of having taken cryptocurrencies seized by the United States, which were in wallets to which only his father had access. The accountant proposes that the technical debate, instead of stablecoin interests, shifts towards incorporation of high security custody mechanisms for government funds. “We should focus on sovereign maximum security multisigs for the Bitcoin Strategic Reserve with the Department of War (DoW) and the Department of Homeland Security (DHS),” the expert explained.
The dilemma of stablecoin interests and banking pressure
While Rochard advocates for the priority of bitcoin as a reserve asset, the White House is caught in a dispute between companies in the digital asset sector and traditional banking. The core of the friction lies in the macroeconomic impact that stablecoins would have if they are allowed to pay interest. Brian Moynihan, CEO of Bank of America, warned about the risk that stablecoin interests represent for the established financial system. During the presentation of results for the fourth quarter of 2025, Moynihan estimated a possible leak of up to USD 6 billion towards these digital instruments if no restrictions are applied to the payment of returns. «If you remove the deposits, either they will not be able to lend, or they will have to obtain wholesale financing at a cost that will increase the price of the loans,» the banking executive warned, BitcoinDynamic reported. This position is shared by the American Bankers Association (ABA) and the Bank Policy Institute (BPI). They are putting pressure on Congress to prohibit any type of reward associated with holding stable cryptocurrencies. The bankers, in fact, stood up after the meeting at the White House. They insist that their priority is safeguard the flow of credit to families and small businesses. These, which are the «engine of the country’s economic growth.» On the other hand, companies in the sector argue that the right to offer returns on stablecoins is not a simple additional benefit. Instead, it is the core of its competitiveness against the traditional banking system. Companies in the cryptocurrency sector argue that stablecoins are inherently more efficient than bank deposits. While traditional banks They operate with expensive infrastructure and slow settlement systemsstablecoin issuers use decentralized rails that dramatically reduce operating costs. However, from Pierre Rochard’s perspective, this entire regulatory dispute over the dollar tokenized by private companies It only serves to divert attention from the real revolution. This is the adoption of bitcoin as a financial pillar of the State. That is why the resolution of this conflict will define not only the competitiveness of technology companies against banks, but also the role that the United States will play in the custody and promotion of the Bitcoin protocol globally.
