Trump's August 19 remarks linking 'Project Crypto', the Strategic Bitcoin Reserve, and a call for a 'fair' CLARITY Act look like a coordinated policy stack, not a soundbite. The GENIUS Act already defined the regulatory perimeter for dollar-backed stablecoin issuers. CLARITY is the other half — market structure for digital assets, including who gets to hold, lend, and transact in them. If CLARITY passes with explicit provisions for banks to custody and trade stablecoins and digital assets, the US financial system becomes a distribution layer for dollar tokens. That changes the onramp economics: instead of retail exchanges being the primary gateway, your existing bank account and brokerage become the front end. The stablecoin float could expand from a few hundred billion to trillions, but the yield-bearing versions of those tokens are where the real demand pull happens. This is a supply-side play on dollar dominance, not just a Bitcoin headline. Watch the committee markup language, specifically custody and 'qualified custodian' definitions. The date to focus on is the September markups, not the press conference.