A senior Russian advisor accused the U.S. of planning to manipulate cryptocurrency and gold markets to restructure its $35 trillion debt. He suggested converting debt into stablecoins, risking global market destabilization. U.S. debt could exceed WWII levels, projected to reach 150% of GDP by 2055.
Russia and China have challenged the dollar’s dominance. The U.S. is considering regulating digital assets and exploring a central bank digital currency. Russia’s stance on cryptocurrency is cautious but supports developing a digital ruble to reduce reliance on foreign payment systems.
Read more at Yahoo Finance: Putin advisor claims U.S. may tap crypto to ease debt projected to hit 150% of GDP
