Farside on Nostr: The US treasury secretary announced that this year they are going to monetize the ...

The US treasury secretary announced that this year they are going to monetize the asset side of the US balance sheet, and they are going to put those assets to work.

Which to me means that they are going to start converting these assets to stablecoins.

So what is on the asset side of the balance sheet? Things I can think of are:

Cash, and cash equivalents
Gold stock
Land and natural resources
SDRs
Loans to the IMF
General loans
Securities and investments
Strategic stockpiles