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Tag: us cryptocurrency debt reduction
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US Plans to Devalue National Debt Using Bitcoin and Stablecoins: Global Reactions and Pakistan’s Role
The United States is exploring an unprecedented approach to manage its mounting national debt, which now exceeds $37 trillion. The proposal involves leveraging cryptocurrencies, particularly Bitcoin and stablecoins, to restructure and potentially devalue its obligations. This strategy, which combines a Strategic Bitcoin Reserve with a newly proposed U.S.-issued stablecoin, has drawn attention from global financial…