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Russia’s Bold Accusation: Is the US Planning to Use Stablecoins to Wipe Out Its $35 Trillion Debt?

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Just a few days ago, Russia accused the US that it will "shove debt into stablecoins, devalue it, and reset the system" and today everyone is reading about this.


But the math doesnt math here.


The entire stablecoin market is about $285 billion, which is tiny compared to US debt and nowhere near enough to “reset” it. Even if every stablecoin collapsed, Treasuries would just change hands, not disappear.


Stablecoins actually help the US by increasing demand for Treasuries, making financing cheaper, not erasing obligations.


 
 
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