Putin Advisor Claims US Plans to Erase $35 Trillion Debt with Crypto and Gold

The US national debt has reached a staggering $35 trillion, the largest in the world, and concerns about how Washington might manage it are growing louder.

Recently, Anton Kobyakov, a senior advisor to Russian President Vladimir Putin, suggested that the United States could attempt to offload its debt burden by turning to cryptocurrency and gold.

Speaking at the Eastern Economic Forum in Vladivostok, he warned that the US may try to “rewrite the rules” of these markets to protect its financial dominance.

His remarks have sparked debates about whether digital assets could truly be used as debt-erasing tools or if this is simply political posturing.

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Key Takeaways

1. The US debt crisis has surpassed $35 trillion, fueling speculation about alternative solutions.

2. Putin’s advisor claims Washington may leverage crypto and gold to reset the system.

3. Analysts remain divided over whether this would stabilize or destabilize global finance.

The $35 Trillion Debt and Its Global Impact

The US national debt has been steadily growing over decades due to budget deficits, military spending, and entitlement programs.

At over $35 trillion, it now represents one of the greatest financial challenges facing the country. Creditors range from foreign governments to institutional investors and everyday Americans who hold Treasury securities.

Kobyakov’s remarks place this debt in the spotlight by linking it directly to crypto and gold. According to him, Washington’s declining credibility in global markets could push it to reframe these alternative assets as new pillars of financial stability.

He suggested that debt might even be converted into stablecoins, digital tokens pegged to the dollar, allowing the US to devalue it and reset its position.

This perspective resonates with ongoing concerns about the dollar’s role as the world’s reserve currency.

While it still dominates, cracks have emerged as nations like China and Russia explore alternatives for global trade.

The potential use of digital currencies and gold by the US could dramatically reshape financial markets.

However, critics argue that such a move would create chaos and undermine trust further, both at home and abroad.

Read Also: Trump New Plans on Russia: Here Are the Teasers

Could Crypto and Gold Really Reset the System?

Supporters of this theory argue that cryptocurrencies and gold already function as hedges against inflation and traditional financial risks.

In moments of crisis, investors often turn to these assets for stability. If the US were to redirect its debt into such markets, it could attempt to dilute the burden by effectively spreading it across global participants.

However, this concept is controversial. Analysts highlight that while crypto markets have grown significantly, they remain volatile and relatively small compared to traditional financial systems. Gold, while historically stable, also faces limitations as a primary debt solution.

Some see parallels with past monetary shifts, such as the abandonment of the gold standard in the 1970s.

Just as those moves reset the financial order, leveraging crypto could represent a similar turning point.

But the risks are immense, including market manipulation and potential shocks to the global economy.

Interestingly, crypto advocates in the US view the debt crisis differently. Coinbase CEO Brian Armstrong has suggested that rising debt might actually benefit Bitcoin by positioning it as a global reserve asset.

Meanwhile, under the Trump administration, regulators have shown greater openness to stablecoins, even passing legislation to formalize their role in the financial system.

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The Politics Behind the Warning

Kobyakov’s statement also carries political undertones. Delivered at a major economic forum, it aligns with Russia’s broader narrative of criticizing US financial dominance.

His warning that Washington is preparing to “start from scratch” by moving debt into the “crypto cloud” is designed to raise international skepticism about America’s intentions.

Yet, Russia itself has shown interest in stablecoins. Despite banning crypto payments in 2022, its central bank has since explored allowing wealthy individuals to trade digital assets. State-backed projects are even working on ruble-based stablecoins for international use.

This duality reveals the complex dynamics at play. While Russian officials criticize US use of crypto, they also recognize its strategic value.

Meanwhile, US lawmakers continue to navigate between tighter regulation and embracing crypto as a tool to reinforce dollar supremacy.

The broader question remains: is this really a credible plan from Washington, or a political claim meant to weaken global trust in the US?

Either way, the discussion underscores the growing role of digital currencies in international finance.

Read Also: Trump Family’s $5 Billion Crypto Fortune: How Their Token Took Over the Market

Conclusion

The idea that the United States could erase its $35 trillion debt through crypto and gold is as provocative as it is uncertain.

While Putin’s advisor paints a picture of manipulation and systemic reset, others see a future where digital assets simply play a larger role in global finance.

What is clear is that the debate over crypto’s role in addressing economic crises is far from settled.

For individual investors, navigating these complex developments requires caution. Crypto markets are dynamic, but they also carry risks of volatility and manipulation.

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Whether the US debt debate escalates or not, Bitrue provides a reliable space for those looking to explore the evolving world of crypto with confidence.

FAQ

What did Putin’s advisor say about US debt?

He claimed the US may use crypto and gold to erase or devalue its $35 trillion debt.

Can crypto really be used to pay off national debt?

Not directly, but it could be used to restructure or hedge debt through stablecoins and other tools.

Why is the US debt such a big issue?

At $35 trillion, it raises concerns about sustainability, inflation, and global financial stability.

How do stablecoins fit into this debate?

Stablecoins, pegged to fiat currencies, could allow governments to shift or dilute debt burdens in digital markets.

What does this mean for everyday crypto investors?

It highlights the growing influence of crypto in global finance but also the risks of political and economic manipulation.

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