- Putin’s advisor claims the US may move debt into stablecoins and devalue it.
- Kobyakov compared the plan to past resets: leaving the gold standard in the 1930s and 1970s.
- He warned this could shift America’s debt costs onto the world through a “crypto cloud.”
Anton Kobyakov, a senior advisor to Russian President Vladimir Putin, has sounded the alarm: the United States may be preparing to use cryptocurrency as a tool to erase its staggering $35 trillion national debt. Speaking at the Eastern Economic Forum in Vladivostok on Sept. 7, Kobyakov claimed Washington is rewriting the rules of gold and crypto markets to stage a massive financial reset.
America’s Digital Escape Plan
Kobyakov argued that the U.S. intends to move a portion of its ballooning debt into digital tokens such as stablecoins, only to later devalue them—effectively shifting the cost onto the global economy. “They have a $35 trillion currency debt, they’ll move it into the crypto cloud, devalue it—and start from scratch,” he explained.
The advisor warned that this maneuver would not only weaken trust in the U.S. dollar but also drag the rest of the world into what he called the “crypto cloud,” where Washington could reset its obligations at everyone else’s expense.
Echoes of Past Financial Resets
Kobyakov compared the moment to two pivotal events in U.S. history: leaving the gold standard in the 1930s during the Great Depression and Nixon’s decision in the 1970s to sever the dollar’s final ties to gold. Each move reshaped global finance. Now, he says, the U.S. is preparing to do it again—this time through crypto markets.
“As it was in the 30s and 70s, the U.S. plans to solve its financial problems at the world’s expense—this time by pushing everyone into the cryptocurrency cloud,” he said.
Global Stakes
The warning came as BRICS leaders held an online meeting to discuss the Trump administration’s new tariffs, underscoring how geopolitics, debt, and digital assets are colliding. If America does push ahead with this strategy, Kobyakov suggests it could mark the biggest financial reset in a century—one that forces the entire world into a system dominated by U.S.-controlled crypto infrastructure.
