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Its not so much dissolving debt as maintaining demand for USTs are global demand declines. Stablecoin issuers are required to hold USTs and so they create a huge potential demand. USTs also give USD digital payments speed and efficiency as the traditional SWIFT payments network struggles to compete with new protocols like Chinas mBridge and CIPS. Stablecoins are a quasi CBDC but in PPP form. Trump associates are positioned to make huge profits while the stablecoins potentially enable USA to remain solvent a bit longer than it otherwise would.
To understand more check this out- https://cryptohayes.substack.com/p/buffalo-bill