Core Insights - U.S. President Donald Trump's proposal to address America's $37 trillion debt using Bitcoin has been met with skepticism, but it has raised serious concerns in Russia regarding U.S. influence over cryptocurrency and gold markets [2][3] - Russian advisor Anton Kobyakov claims that the U.S. could devalue its debt by transitioning it into stablecoins, which are cryptocurrencies pegged to fiat currencies for stability [4][6] Group 1 - Kobyakov highlighted that the U.S. debt has increased to $37 trillion and suggested that the U.S. might "reset" this debt by moving it into the "cryptocurrency cloud" [3][4] - The concept of using stablecoins to devalue U.S. debt is presented as a strategy to start anew financially, according to Kobyakov [4] - However, the Kremlin advisor did not elaborate on the mechanics of how this transition to stablecoins would lead to devaluation [5] Group 2 - Crypto analysts argue that the idea of migrating U.S. debt into stablecoins is not technically feasible, emphasizing that it is not a simple process [6] - Legal experts point out that U.S. Treasuries are legal contracts, and reclassifying these obligations could lead to defaults or require explicit policy changes [7] - The discussion reflects Russia's concerns about the U.S.'s increasing influence in the cryptocurrency sector and the potential for a new competitive landscape in the "coin wars" [7]