Is the U.S. “Skipping” Its Debt in a Sophisticated Way? The Stablecoin Machine and the Truth Behind the $40 Trillion Figure
The United States is facing an existential problem not rooted in military strength or political influence, but in the enormous national debt that is steadily approaching the $40 trillion mark. With interest costs reaching up to $3 billion per day, the riddle becomes: How can Washington repay its debts when revenue cannot cover the shortfall? The answer is not in traditional economic measures, but hidden within a complex “covert plan”: the rise of Stablecoins and a powerful technology-finance alliance that is quietly digitizing America’s public debt to rescue the dollar system. The “$3 Billion Black Hole” Per Day and the Ruthless Debt Swirling Loop The $40 trillion figure of public debt is no longer a macroeconomic theory on paper; it is a “time bomb” counting down day by day. Currently, each year the U.S. government must spend more than $1 trillion just to pay interest on loans from the past. On average, the federal budget “evaporates” about $3 billion per day—money that completely does not reduce even a single dollar of principal; it is simply the price required to keep this machine from collapsing immediately. The situation becomes even worse when low-interest debts from the past start to mature. Washington is forced to plunge into the vicious “debt rollover” spiral: issuing new high-interest debt to pay off old low-interest debt. While the debt printing machine runs at full capacity, traditional debt-buying groups—such as central banks of other countries, pension funds, and large financial institutions—are quietly fleeing or shrinking their holdings to protect themselves from the risk of system collapse. Financial Pressure: An “Invisible Tax” on the Savings Pockets When cutting public spending is “political suicide” and raising taxes would crush the momentum for growth, the U.S. has no choice but to take a third path: financial repression. This strategy deliberately keeps interest rates lower than the real rate of currency depreciation (inflation), creating an environment of “negative real yields.” By doing so, the real value of the $40 trillion debt will gradually erode over time, without the need for any official tax measures. “The U.S. government will still pay the full nominal cash amount as promised, but those coins have been stripped of most of their real purchasing power. This is how they erase debt without declaring default—an exchange of purchasing power that is ruthlessly brutal.” The Stablecoin Battle Formation: When U.S. Treasury Bills Become the World’s “Oxygen” of the Digital Realm To make financial repression work without causing the bond market to collapse, the U.S. needs an entirely new group of debt buyers. This is where Stablecoins come in, playing the role of “Essential Oxygen” for the system. Don’t mistake Stablecoins as merely a speculative tool for the crypto crowd; their true nature is the “digital version of the dollar,” designed to finance America’s public debt. All doubts about transparency were erased when the Genius Act was introduced, establishing a stringent legal framework and standardizing collateral assets, with absolute priority given to the use of short-term U.S. Treasury bills. The process runs incredibly smoothly: users around the world deposit dollars into the system to receive Stablecoins. The issuers immediately use hundreds of billions of those dollars to buy U.S. Treasury bills. The result is that issuers pocket billions of dollars in interest, users gain a payment tool, and Washington automatically gains an enormous “unpaid debt-buying force.” The clearest proof is Tether (USDT), the entity currently holding up to $141 billion in U.S. government debt—far beyond the bond reserves of many developed countries. The OpenUSD Alliance: “Unpaid Debt Sellers” for Washington The game has scaled up to a global level with the launch of the OpenUSD alliance. With more than 140 giants participating—Visa, Mastercard, Google, BlackRock, Coinbase, Shopify, and Stripe—this is a direct takeover of the world’s payment infrastructure. The driving force pulling these entities in is the profit-sharing model from Treasury bill interest. Instead of issuers keeping all the interest, they share it with partners that integrate digital-dollar contracts into their ecosystems (from Shopify’s e-commerce to Stripe’s payment infrastructure). This turns billion-dollar corporations into effective “debt-selling employees” for the U.S., creating an eternal source of demand and automating the injection of capital into the $40 trillion debt pool through every user transaction. The Golden Gap: Why Does the Fed Really Need 4% Inflation? At this point, inflation is no longer a policy failure—it is the supreme weapon. While the Fed repeatedly commits to bringing inflation down to 2% to maintain market confidence, the reality is that it quietly tolerates the real inflation rate hovering around 3.6% to 4%. This 2% difference is the “golden space.” If bond interest rates are 3.5% but inflation is 4%, the real yield is -0.5%. Investors see their money grow on paper, but their real purchasing power has “evaporated” into the hands of the U.S. government. The Fed doesn’t want to bring inflation down to 2% immediately because that is the “invisible revenue” that helps them wipe out old debt with cheap money. Beneficiaries and Those Who Pay the Price: A Ruthless Redistribution of Assets This financial system is carrying out a cold redistribution of assets:
Beneficiaries:
The U.S. government: Reduce real debt without having to tighten its belt.
Stablecoin issuers & technology conglomerates: Make billions in profits from reserve interest.
Owners of real assets: Those who hold gold, stocks of companies that own essential infrastructure, and real estate with cash flow.
Bidding group:
Cash holders and savers: See assets evaporate in purchasing power day by day as real interest rates turn negative.
Wage earners: Income is not adjusting fast enough to keep up with rising prices. The paradox is this: The purchasing power of each individual USD bill may decline, but the influence and power of the dollar system as a whole grow strongly through the global blockchain network. Lesson for Vietnamese People: Don’t Wait Until You’ve Been "Worn Down" to Finally Wake Up. In front of this cold-blooded financial machine, Vietnamese investors need to change their asset-management mindset immediately:
Eliminate the mindset that "cash is safe": In the era of financial repression, holding too much cash is a fixed bet on losses.
Focus on assets that have intrinsic value:
Gold: The final line of defense protecting purchasing power as confidence in paper money weakens.
Stocks: Focus on conglomerates that hold infrastructure, have strong cash flow, and can pass inflation costs on to consumers.
Real estate: Prioritize legally sound products that meet real needs and generate sustainable cash flow.
Be proactive with digital infrastructure: You must understand how the digital dollar works and the new capital flows so you don’t get left out of this massive shift of assets. The world is entering a new financial era, where public debt is dealt with through technology and the silent erosion of negative purchasing power affecting billions of people. Faced with this huge, pre-programmed financial machine, will you continue to be a "debt financier without wages" for the system, or will you proactively restructure your assets to protect the results of your own labor?