Trump says cryptocurrency could solve $35 trillion U.S. debt problem
Trump said "great future" for cryptocurrency at a private meeting, and hinted that the United States might be able to use cryptocurrency to solve the $35 trillion US debt problem. According to leaked videos, Trump said: "I will write on a small piece of paper: $35 trillion in cryptocurrency, we have no debt, that's what I like to do." It is worth noting that this is not the first time Trump has hinted at using digital assets to eliminate the ever-expanding US debt, as he has repeatedly stated publicly that he can use Bitcoin to "save America."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Update: XRP ETFs Near Approval as Institutional Interest Accelerates
- XRP's 21,000 new wallets and $2.40 price level highlight renewed investor interest amid pending U.S. ETF approvals. - Canary Capital and Franklin Templeton's ETF filings could trigger automatic approval by November 2025, offering institutional access to XRP . - Ripple's $2.4B XRP liquidity release and expanded institutional services aim to stabilize markets and boost adoption. - Analysts predict short-term volatility between $2.26-$2.70 but long-term optimism as XRP ETFs mirror Bitcoin/Ethereum's institu
Bank of England Moves Swiftly to Align with U.S. Stablecoin Regulations, Protecting Its Status as a Leading Global Financial Center
- UK accelerates stablecoin rules to match U.S. timelines, targeting 2026 implementation to protect financial stability and competitiveness. - Proposed £20k/£10m holding caps and high-quality reserve mandates aim to mitigate mortgage market risks while aligning with U.S. GENIUS Act standards. - BoE collaborates with U.S. regulators through joint task forces to prevent fragmentation, as UK's $160B stablecoin market handles 40% of DeFi transactions. - 2026 timeline balances innovation with stability, with FC
First U.S. Litecoin ETF Debut Sparks Surge Toward $1,000 Price Target by 2025
- Analysts predict Litecoin (LTC) could surge to $1,000 by 2025, driven by bullish technical indicators and the first U.S. spot ETF launch. - Crypto analyst Hal proposes a high-risk strategy: buying LTC at $30 and selling at $9,000 to generate 270x returns, citing potential breakout from consolidation. - Institutional adoption grows with Canary Capital's $1.65M LTC ETF and Stake.com processing 16% of daily LTC transactions for gaming microtransactions. - Technical analysis shows mixed signals: RSI neutrali
Stablecoin Boom Triggers $6 Trillion Banking Crisis Concerns Amid Regulatory Disputes
- Stable's deposit pre-activation event raised $860M by Nov 7, with $500M cap triggering proportional distribution if exceeded. - Canada's 2025 stablecoin framework mandates 100% reserve backing and $10M+ oversight funding to prevent depegging risks. - U.S. banks warn $6T deposit outflows could destabilize banking if interest-bearing stablecoins are permitted, clashing with crypto firms like Coinbase . - Regulatory tensions highlight global challenges balancing stablecoin innovation with financial stabilit
Trending news
MoreCrypto prices
More
