Recently, a set of data has caused quite a stir in the investment circle: the US national debt has surpassed $36 trillion, with the average American owing nearly $100,000. Even more concerning, this debt is skyrocketing at a rate of tens of thousands of dollars per second.

What does this imply? The US economy is now like sitting on a constantly swelling debt volcano. When the government can only sustain itself by borrowing new debt to pay off old debt, the purchasing power of the dollar itself is being gradually eroded. Over the past year, the dollar's purchasing power has decreased by nearly 8%, and this decline is accelerating.

On the flip side, this "dollar crisis" also hides opportunities. As the traditional currency's credit foundation begins to shake, trillions of dollars of global capital will need to find new stores of value.

**How serious is the problem?**

Let's look at three realities: Nearly 40% of every $100 spent by the US government is borrowed. This logic can still hold in good economic times, but in a high-interest-rate environment, just paying interest can be enough to strain the fiscal budget.

Next, the depreciation of the dollar. In 1971, $35 could buy one ounce of gold; now, it takes over $4,400. Half a century of purchasing power erosion is essentially a hidden form of plunder on global dollar holders.

The third point is more straightforward— the trend of "de-dollarization" is spreading worldwide. From BRICS countries to Southeast Asian nations, everyone is bypassing the dollar to establish new trade settlement systems. Once sellers start refusing to accept dollars, the status of the dollar as a reserve currency will truly be shaken.

Against this backdrop, the appeal of stablecoins is becoming increasingly strong. Combining the efficiency of blockchain with the stability of the dollar, stablecoins have become a preferred choice for many investors to protect their assets' purchasing power.