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Why stablecoins are poised to be Trump's new best friend!

Why stablecoins are poised to be Trump's new best friend!

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Jonny Fry
Jun 17, 2025
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Digital Bytes
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Why stablecoins are poised to be Trump's new best friend!
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The US’s national debt has reached historic highs (surpassing $36 trillion in 2025) and this trajectory is increasingly a source of concern for economists, policymakers and investors alike. The nation currently holds the highest national debt in the world, and the federal debt-to-GDP ratio exceeded 120% in 2024 (its highest since World War II) with a potential to climb toward 166% in the next 30 years if current trends persist. Wells Fargo estimates more than $14 trillion of this debt will mature within the next three years, requiring refinancing at higher interest rates, which will further increase the cost of servicing the debt - that is unless Trump can find buyers of US debt and so put pressure on US interest rates to fall. The average rate the US government pays to finance its debt is now 3.27% but, with much of the debt maturing soon, refinancing at today’s rates (3.75%-5.25%) could add $300 billion in annual interest costs! Over the next three years, annual deficits are project…

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