$DEBT Memecoin Shocks Crypto: Sends Real Cash to US Treasury—Here’s Why It’s Pumping
Move over, Dogecoin—there’s a new meme in town, and it’s playing for keeps. $DEBT, the satirical token with a fiscal conscience, is funneling real dollars to the US Treasury. Yes, you read that right. A cryptocurrency actually paying taxes.
### How a Joke Token Outperformed ‘Serious’ Projects
While DeFi blue chips bleed, $DEBT’s absurd premise—tax payments as a burn mechanism—has traders FOMOing in. The Treasury’s latest deposit? A cool $2.3 million. That’s more than some ICOs raised in 2023.
### The Irony That’s Making Banks Sweat
Wall Street’s still debating crypto’s legitimacy, but $DEBT just did what no bank ever would: voluntarily cut a seven-figure check to the government. Take that, Jamie Dimon.
### The Punchline? It’s Working
This isn’t just meme magic—the tokenomics are brutally simple. Every trade triggers a 1% ‘tax’ sent directly to the Treasury’s wallet. Result? A self-sustaining hype cycle where even regulators can’t look away.
As the Fed watches stablecoin bills stall in Congress, $DEBT’s anarchic compliance proves crypto’s best trick: turning parody into policy—while making bagholders of everyone who thought ‘number go up’ was the only game in town.
How Is Debtcoin (DEBT) Bringing Real-World Change With The US Debt?
Memecoins have often been shunned for not having any real-world applications. This is where DEBT changes the memecoin narrative. The project was inspired by an X post by billionaire investor Mark Cuban. Cuban stated that he WOULD also create a memecoin, but the only difference is that the revenue would go to the US Treasury. Cuban said, “I
If meme coins are the way, maybe I’ll issue one. With a twist. Same terms as $TRUMP . 20% float. Same release schedule. One difference.
All the revenue from the sale of the coins go to the US Treasury. The wallet address will be published so everyone can track it.
If…
A similar sentiment was shared by Neeraj Agarwal. Agarwal stated that one could imagine a memecoin that sets aside some funds that go towards the national debt. Agarwal’s post received a reply from solana co-founder Anatoly Yakovenko. The idea led to the creation of the Debtcoin (DEBT) on the Solana network.
One could imagine a memecoin that sets aside some tokens or its trading fees to pay off the national debt https://t.co/mnxKJyAJLa
— Neeraj K. Agrawal (@NeerajKA) July 23, 2025The project also founded the Debt Academy. This is a novel initiative that funds educational content around debt and economics.
Real-World Impact Using Memecoins
DEBT is a SOL-based memecoin that directs its trading fees to the US treasury using the Pay.gov portal. Since its debut in July 2025, the project has donated $175,000 towards lowering the US debt. Every donation is public and transparent. Each transaction towards the cause has a government-issued tracking ID and a PayPal or Pay.gov receipt.
Every trade generates creator fees. The fee goes to the DEBT treasury wallet. The treasury wallet accumulated fees in SOL and DEBT coins. The SOL coins are converted to USDT and sent to the US Treasury. The DEBT tokens, on the other hand, are permanently burned, bringing more value to the circulating coins. The project has burned a total of 8,913,683 DEBT coins so far, which accounts for about 0.89% of the total supply.
Unlike other memecoin projects that rely on hype, Debtcoin (DEBT) blends meme culture with civic engagement. The project has brought a novel facet to the memecoin industry.
To learn more about Debtcoin (DEBT), visit their website, X page, the Debt Academy website, or the Debt Academy X page.