BlockBeats News, January 24, “BTC OG Insider Whale” agent Garrett Jin posted on social media, stating, “In the context of de-dollarization, helping the United States solve its debt problem by extending the debt cycle seems unrealistic. Tokenizing U.S. stocks to drive stablecoin demand is the primary viable path left for the United States to refinance its ever-growing debt. BlackRock’s actions to onboard Real World Assets (RWA) onto the blockchain illustrate this point.”
“U.S. debt continues to accumulate, with the idea of pressuring foreign investors to roll over short-term bonds into long-term bonds to delay principal repayment and alleviate the pressure of around $36 trillion in federal debt. De-dollarization was initially triggered by the Ukraine conflict, and events in Venezuela and Greenland have even accelerated this process. If the United States wishes to refinance by issuing more debt, the only realistically viable path is to issue more stablecoins, potentially bypassing foreign regulations, attracting new global capital into U.S. Treasuries. To achieve this goal and scale up, there is one solution: RWA. By tokenizing U.S. stocks and making them on-chain assets. Tokenizing U.S. stocks worth around $68 trillion will significantly increase stablecoin demand, indirectly easing the burden of debt.”
“This also explains why the world’s largest asset management company BlackRock is deeply involved in driving RWA and on-chain stock trading, as these actions make not only economic sense but may also serve strategic and political objectives. In this framework, public blockchains like Ethereum become the settlement layer of the global capital market not out of ideology but out of the real needs of balance sheets and geopolitics.”
