The national debt of the United States has exceeded a historic high of $37 trillion, with 25% of federal tax revenue being used to pay interest on the debt. This astonishing data has triggered deep concerns in the market about inflation rebound, fiscal stability, and the long-term value of the dollar. In this context, investors are beginning to ponder: 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 towards anti-inflation assets

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

- Bitcoin ($BTC), with its fixed supply (21 million coins), is often seen as "digital gold" and may attract more capital inflows to hedge against inflation.

2. Dollar credit is damaged, demand for stablecoins may rise

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