Putin Advisor Accuses US of Using Crypto, Gold to Escape Massive Debt

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In brief

  • Anton Kobyakov, an advisor to Russian President Vladimir Putin, said the U.S. is using crypto to help fix its debt issue.
  • Kobyakov highlighted stablecoins will play a role in the U.S.’s debt devaluation.
  • He added that the U.S.’s actions are at the “world’s expense.”

An advisor to Russian President Vladimir Putin said that the United States is attempting to use crypto and gold to escape its massive debt. 

In a final press briefing at the Eastern Economic Forum in Vladivostok, Russia, Deputy Chairman of the Organizing Committee of the Forum and Putin advisor Anton Kobyakov said that the U.S. is trying to ease its debt burden at “the world’s expense.” 

“The U.S. 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 (crypto and gold) are essentially alternatives to the traditional global currency system,” said Kobyakov

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