US authorities may try to solve the problem of reducing public debt with cryptocurrencies, said adviser to Vladimir Putin, responsible secretary of the Organizational Committee of the Eastern Economic Forum Anton Kobyakov.

At a press conference, the adviser to the President of Russia expressed the opinion that the United States can convert a part of $ 35 trillion public debt on digital assets, and then depreciate these funds. According to Kobyakov, this will allow the United States to actually start with a clean sheet.

“Over time, when part of the US public debt will be placed in stablecoins, the country’s authorities will depreciate this debt. For those who love to engage in crypto, the game will end very quickly, for three to five years, ”Kobyakov said.

Kobyakov believes that several more countries, including China and India, are also actively moving on to the new format of the financial system, moving away from the use of traditional fiat currencies.

The issuer of the largest USDT dollar stabelcoin, Tether has not so long ago among the largest US treasury bonds.

Earlier, the Deputy Minister of Development of the Far East and the Arctic, Vitaly Altabaev, said that the authorities are studying the possibilities of using digital currency as a tool for attracting capital to the Russian Far East.