The Eternal Strategy of Debt Perpetuation and Financial Hegemony

Came across an interesting perspective.

The actual creditworthiness of U.S. Treasury debt is being questioned by various countries. The idea of using tariffs to force other nations to swap short-term bonds for long-term ones to ease the U.S. government's repayment pressure seems like a tough path.

Then I thought of another approach: promote stablecoin trading scenarios where fiat-backed stablecoins must be backed 1:1 by U.S. Treasuries. This would essentially create two "credit cards" (A and B) to cycle debt, potentially achieving something akin to perpetual and endlessly expandable debt.

Another benefit of stablecoins is that they allow issuing debt to stablecoin institutions at near-zero interest. These institutions can then profit from trading fee arbitrage. In this sense, as stablecoin trading scenarios and transaction volumes grow, the resulting benefits could effectively turn debt into a positive feedback loop.

Moreover, there's a crucial shift: U.S. Treasuries have traditionally been held by major powers, which could constrain the U.S. due to the concentration of debt (the big client bullying the shop). But through stablecoin trading scenarios, zero-interest Treasuries—and even fee-generating ones—get distributed among all交易 users. This shifts the dynamic from B2B to B2C, optimizing the debt structure and truly transforming the dollar from a bulk trade settlement currency into a transaction currency used by the masses.

So, by leveraging military force or other means to compel certain trading scenarios in other countries to use stablecoins, and continuously expanding those scenarios to funnel fee revenue to specific parties, there will naturally be people (who are allies of the U.S. but traitors to their own countries) to push forward stablecoin adoption. In a way, as stablecoins advance, the fiat currencies of certain nations may disappear, but this trend is unstoppable. The U.S. could effectively become the financial management hub for most countries.

Countries with the capacity to resist would be forced to develop their own stablecoin trading scenarios to push back.

The new round of currency warfare has already begun, starting with the U.S. mandating that stablecoins forcibly purchase Treasuries.