First, let’s provide some background, U.S. national debt has now soared to 37 trillion U.S. dollars, how exaggerated is that?

Even if the U.S. were to directly disband its military today, saving all the military expenses to pay off debts, the interest wouldn’t even be enough to cover.

According to the logic of borrowing money, if you don’t want to pay back the money but want to resolve the debt, there are three paths:

First, eliminate the creditor; the U.S. has considered this, but after calculating the balance of power, it’s unrealistic;

Second, collapse the creditor's economy, and then take advantage of the opportunity to buy at the bottom; in recent years, it has been tried a few times and found that our fundamentals are quite stable, this path doesn’t work;

The last path is Trump’s ultimate trick now — stablecoins.

What is a stablecoin? Simply put, it is the 'global version of game currency', pegged to the U.S. dollar at a 1:1 ratio, except you are not exchanging it in an arcade, but the whole planet is using it.

And the key point of the legislation is: if you want to issue stablecoins, you must first buy U.S. Treasuries with real money or put dollars as collateral. In other words, stablecoins are directly tied to U.S. Treasuries.

This trick is clever in that:

In the past, no one wanted U.S. Treasuries, both China and Japan were dumping them, Trump was very troubled; now it's good, whoever wants to use stablecoins is actually helping the U.S. buy Treasuries, even paying out of their own pockets.

The U.S. dollar is the global currency, once this door is opened, the whole world comes together to help the U.S. pay off its debts — your wealth is also participating in 'picking up the tab', only you may not notice.

Then the question arises, everyone is not stupid, why buy its stablecoin?

The answer is, many people simply have no choice:

1️⃣ Virtual currency market — if you want to trade coins, 90% of the transactions must be settled in stablecoins, just like you must have Alipay to shop online.

2️⃣ Safe-haven tool for high inflation countries — in places like Argentina with an annual inflation rate of 100%, buying stablecoins is equivalent to insuring wealth. After the Russia-Ukraine conflict, there are many countries with depreciating currencies, which is also an important reason for the surge in gold and BTC.

3️⃣ Reducing costs in cross-border trade — traditional transfers take 3 days to arrive with a 5% fee, while using stablecoins takes 10 seconds to arrive with a 0.1% fee, businesses will choose it no matter how you calculate it.

So once this thing gets going, the scale is quite terrifying. Now USDT already holds 120 billion U.S. Treasuries, surpassing the German central bank. At this rate, by 2030, the scale of stablecoins could reach 2 trillion U.S. dollars, just enough to cover the new debt gap during Trump's term.

And don’t forget, Trump and his associates also conveniently issued special Trump coins and Melania coins, it is said that this wave alone earned several hundred million dollars.

Whether you say he is a politician or a businessman, this set of combinations really makes money for himself while letting the whole world help him cover U.S. debts — whether you are willing or not.$BTC #比特币市值超越亚马逊