稳定币能拯救美债危机吗

Group 1 - The "Big and Beautiful" Act is projected to increase the US deficit by $3.4 trillion over the next decade, potentially resulting in 10 million Americans losing health insurance [1] - The Act extends the tax cuts from the Tax Cuts and Jobs Act and raises the US debt ceiling by $5 trillion, indicating a significant increase in government debt [1] - Fitch Ratings has downgraded the outlook for 25% of US industries to "deteriorating," which is a sign of potential economic recession [1][2] Group 2 - The "Genius Act" aims to support the US debt market by mandating stablecoin issuers to purchase short-term US Treasury bonds, creating a closed loop of "dollar-stablecoin-Treasuries" [2] - The global stablecoin market is expected to exceed $2 trillion by 2030, with a significant portion potentially backing short-term US Treasuries, which could help absorb the increased US debt [2][4] - The "Big and Beautiful" Act's strategy of increasing tariffs while reducing taxes aims to attract foreign investment and stimulate economic growth, but faces significant internal contradictions [2][3] Group 3 - The US federal debt-to-GDP ratio is expected to rise from 123% in 2024 to at least 132%, raising concerns about the sustainability of US debt [3] - The timing of tax increases and decreases creates structural contradictions, as external tax revenues have not materialized while internal tax cuts and spending increases are immediate [3] - The Act's tax cuts disproportionately benefit corporations and the wealthy, potentially exacerbating social divides and undermining economic growth [3][4]