Trump Hints at Crypto For US Debt Pay Off: What Will Happen?
President Donald TRUMP has reignited discussions about cryptocurrency's role in national finance, suggesting the U.S. could pay off its $35 trillion debt using digital assets. "I think it’s a good future," Trump declared during a recent public address, doubling down on his pro-crypto stance. The remark follows his earlier executive order creating a strategic digital asset reserve.
Such a move would require seismic regulatory shifts. Congress would need to authorize Treasury crypto settlements, while the IRS, SEC, and Federal Reserve overhaul oversight frameworks. Legislative hurdles appear formidable—even before addressing the market impact of acquiring trillions in crypto assets.
The proposal sent ripples through trading circles. Market analysts speculate massive government accumulation could trigger violent price appreciation, though subsequent sell pressure to service debt obligations might create unprecedented volatility. Trump's comments come as his administration prioritizes crypto integration, contrasting sharply with previous regulatory caution.