Putin’s advisor warns of US conspiracy to wipe out $35 trillion debt using crypto and gold market

Anton Kobyakov, a senior Russian advisor to President Vladimir Putin, has alleged that the United States is orchestrating a scheme to offload its $35 trillion national debt by leveraging cryptocurrencies and gold. Kobyakov stated that Washington intends to "rewrite the rules" of these markets, positioning them as alternatives to the traditional global currency system. He gave these remarks during the Eastern Economic Forum, which was held in Vladivostok, Russia, with the purpose of encouraging foreign investment in the Russian Far East.

The United States’ national debt has surpassed $35 trillion, making it the largest in the world. This figure represents the total amount the federal government owes to creditors, including foreign governments, institutional investors, and US citizens through Treasury securities. The debt has been driven by decades of budget deficits, large-scale stimulus packages, military spending, and entitlement obligations such as Social Security and Medicare.

In a recent statement posted by RT’s X account, Kobyakov said, "The US is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt, 35 trillion dollars. These two sectors are essentially alternatives to the traditional global currency system." He further asserted, "Washington’s actions in this area clearly highlight one of its main goals to urgently address the declining trust in the dollar."


Kobyakov's comments imply that the US plans to convert a portion of its national debt into stablecoins, thereby devaluing it and effectively "starting from scratch." He warns that this strategy could have significant implications for global financial stability.

His assertions add to ongoing discussions about the potential role of digital currencies in reshaping global financial systems. The US government's approach to cryptocurrencies and its impact on the dollar's dominance remain subjects of international scrutiny.