Mark Moss claims the U.S. is engineering a debt reset through stablecoins, forcing issuers to buy Treasury securities one-to-one. Foreign Treasury ownership is dropping, so the government needs domestic buyers to prevent a dollar collapse. He sees this as a covert devaluation strategy wrapped in crypto.
A $39 trillion US debt reset is near, but almost nobody can see it coming. Now, at a recent economic forum, one of Putin's top advisors said the US is preparing to use a crypto cloud to secretly devalue its debt. What exactly is really going on? Well, the Genius Act requires stablecoin issuers to hold Treasuries 1-to-1, turning every new token into Treasury demand. Now, since foreign ownership of Treasuries has been plummeting, new buyers, AKA government debt bag holders, are desperately needed to prevent dollar collapse. Now, getting users of other currencies to opt for stable coins instead of their national currencies is now a roundabout way to prop up the dollar and allow for further devaluation of US debt. Now, as we get further into the fiat endgame, expect to see more and more creative methods of prolonging the life of these dying currencies. Stay alert.
