Is US of using crypto to wipe out its $35T debt? Russia Says So Via Kobyakov

– Anton Kobyakov, a top advisor to Russian President Vladimir Putin, alleged at the Eastern Economic Forum in Vladivostok on September 8, 2025, that the U.S. plans to use cryptocurrencies, particularly stablecoins, to manage its $35 trillion national debt by shifting it into these digital assets and then devaluing them, effectively resetting the financial system. This claim suggests a strategic move to address declining trust in the dollar and historical patterns of solving financial issues at the global expense, as seen in the 1930s and 1970s.

– The post by Juan Galt (John Galt, in Spanish) speculates that the U.S. might be considering a different approach: integrating Bitcoin into the collateral for its debt and inflating its value through monetary policy, thereby shifting the burden onto those who do not hold Bitcoin. This theory aligns with the broader context of increasing U.S. debt and the growing influence of cryptocurrencies in global finance, as evidenced by recent legislative efforts to regulate stablecoins and their potential impact on Treasury markets.

– This narrative fits into a larger trend of geopolitical and economic tension, where Russia’s accusations reflect concerns over U.S. financial dominance and the role of digital currencies in international finance. The U.S. debt crisis, with a reported deficit of $1.833 trillion for the fiscal year ending September 30, 2025, underscores the urgency of such strategies, while global market reactions, including bitcoin’s price movements, indicate the high stakes involved in these financial maneuvers.