- Putin adviser Dmitry Kobyakov accuses the US of using stablecoins to eliminate its $35 trillion national debt.
- Kobyakov draws comparisons to historical US debt strategies and claims the scheme involves transferring obligations into digital assets before devaluation.
- The accusations follow the signing of the GENIUS Act by President Trump, which established a regulatory framework for stablecoins.
Russian President Vladimir Putin’s adviser, Dmitry Kobyakov, has accused the United States of engineering a scheme to eliminate its $35 trillion national debt by leveraging stablecoins and digital assets.
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What Did Kobyakov Actually Say?
Is There Any Basis to This—And What Could It Mean?
1. Real Strategy or Rhetoric?
2. Current U.S. Policy on Stablecoins
3. How Stablecoins Actually Interact with U.S. Debt
Hypothetical Mechanisms—If One Slipped Through the Legal Net
Summary Table
Bottom Line