Grayscale Warns U.S. Debt Could Strengthen the Crypto “Debasement Trade”
U.S. public debt has crossed $40 trillion, while real 30-year Treasury yields have climbed close to 3%. Grayscale argues that continued borrowing and persistent fiscal deficits could weaken confidence in fiat currencies and increase demand for alternative stores of value.
The firm specifically highlighted $BTC , $ETH and $ZEC alongside physical gold as assets that could benefit from this shift. Treasury buybacks may help manage rising borrowing costs, but Grayscale argues they do not address the underlying deficit problem.
Ray Dalio is raising a similar warning, saying a major U.S. debt crisis could emerge within the next several years without meaningful fiscal changes. Whether that scenario materializes remains uncertain, but the growing debt debate gives crypto another major macro narrative to watch.
#BTC #zec
U.S. public debt has crossed $40 trillion, while real 30-year Treasury yields have climbed close to 3%. Grayscale argues that continued borrowing and persistent fiscal deficits could weaken confidence in fiat currencies and increase demand for alternative stores of value.
The firm specifically highlighted $BTC , $ETH and $ZEC alongside physical gold as assets that could benefit from this shift. Treasury buybacks may help manage rising borrowing costs, but Grayscale argues they do not address the underlying deficit problem.
Ray Dalio is raising a similar warning, saying a major U.S. debt crisis could emerge within the next several years without meaningful fiscal changes. Whether that scenario materializes remains uncertain, but the growing debt debate gives crypto another major macro narrative to watch.
#BTC #zec
