Putin Adviser Accuses US of Using Stablecoins and Gold to Devalue Massive Debt
An economic adviser to Russian President Vladimir Putin has levied a serious accusation against the United States, claiming American financial authorities are actively working to devalue the nation’s colossal debt burden. The adviser suggests the US is employing a strategy that utilizes both gold and cryptocurrency stablecoins to achieve this goal.
The core of the allegation centers on the United States’ enormous outstanding debt, which is stated to be around 37 trillion dollars. The claim posits that US regulators, including the Treasury and the Federal Reserve, are intentionally pursuing policies that would erode the real value of this debt through a combination of financial instruments.
According to the adviser, the US strategy involves two key components. The first is the promotion and adoption of dollar-pegged stablecoins. The argument is that by encouraging the circulation of these digital assets, which are backed by traditional currency reserves and short-term government securities like Treasury bonds, the US can create artificial demand for its debt instruments. This increased demand, in theory, helps to sustain the debt market.
The second component of the alleged strategy involves the US government’s significant gold reserves. The claim suggests that American authorities are deliberately suppressing the market price of gold. A lower gold price, the theory goes, makes the US dollar appear stronger by comparison. A strong dollar is crucial for maintaining global confidence in US debt and for the country’s ability to continue borrowing at favorable rates.
The adviser further contends that these actions are not merely economic maneuvers but represent a form of financial warfare. The goal, from this perspective, is to protect the US financial system from internal stress and to maintain its dominant position globally by effectively reducing the real value of what it owes to domestic and international creditors.
This is not the first time such a theory has been circulated among certain financial circles, often referred to as the stealth devaluation or soft default playbook. It hinges on the idea that a country can escape the weight of unsustainable debt not by openly refusing to pay, but by allowing inflation to rise or by manipulating asset prices to reduce the debt’s burden over time.
The accusations come at a time of heightened geopolitical tension and ongoing scrutiny of the United States’ fiscal policy. The US national debt continues to grow, raising concerns among some economists and international observers about long-term sustainability. The role of cryptocurrencies, and particularly regulated stablecoins, in the global financial system is also a major topic of debate among lawmakers and regulators worldwide.
It is important to note that these claims from the Russian presidential adviser represent one viewpoint and have not been substantiated with public evidence. The US Treasury and Federal Reserve have longstanding policies focused on market stability and full employment, and they typically do not comment on speculative theories about debt devaluation strategies.
The narrative does, however, highlight the increasingly complex intersection of traditional finance, monetary policy, and the emerging digital asset space. It frames stablecoins not just as innovative financial technology, but as potential tools of macroeconomic policy and geopolitical strategy, a perspective that adds a new layer to discussions about their regulation and future.
