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$37T Question: Can Stablecoins Be a Magic Bullet for US Debt?
Yahoo Finance· 2025-09-25 12:39
Key Takeaways: A Kremlin advisor claims the US will “reset” its $37T debt by moving it into stablecoins, an idea experts say is neither legal nor technically feasible. Analysts say stablecoins may expand US financial reach, but they cannot erase current obligations without triggering default. The warning shows Russia’s deeper concern: America’s growing influence in crypto finance and the opening of a new front in the US-Russia “coin wars.” U.S. President Donald Trump’s campaign promise to pay Americ ...