Stablecoins might cut America’s debt payments. But at what cost?
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BB Finews
8/9/25, 6:46 AM
A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will break the 13-figure mark. The combination of a bulging deficit, now worth 7% of GDP, and the sharp increase in government-bond yields over the past four years makes America’s budgetary mathematics increasingly ugly.
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