The US Debt Crisis Approaches: $37 Trillion Debt Overhang, Will Bitcoin Become the New Safe Haven?

The national debt of the United States has surpassed a historic high of $37 trillion, with 25% of federal tax revenue being used to pay interest on the debt. This astonishing figure has sparked deep concerns in the market regarding inflation rebound, fiscal stability, and the long-term value of the dollar. In this context, investors are beginning to consider: Can cryptocurrencies, especially Bitcoin and stablecoins, become new safe-haven assets?

#### How Does the Debt Crisis Affect the Crypto Market?

1. Inflation Concerns Drive Funds into Inflation-Resistant Assets

- High levels of debt may force the Federal Reserve to maintain loose monetary policy, or even restart quantitative easing (QE), thereby exacerbating the risk of dollar depreciation.

- Bitcoin ($BTC), due to its fixed supply (21 million coins), is often viewed as 'digital gold' and may attract more capital inflow to hedge against inflation.

2. Dollar Credibility Erodes, Demand for Stablecoins May Rise

- If confidence in the dollar declines, investors may turn to stablecoins (such as USDT, USDC) as short-term safe-haven tools, especially in cross-border transactions and decentralized finance (DeFi).