Overview

• Anton Kobyakov made the claim at the Eastern Economic Forum in Vladivostok, asserting Washington would shift part of its sovereign obligations into stablecoins and then devalue them.
• He framed the effort as a rewrite of gold and crypto market rules to address fading trust in the dollar, invoking U.S. policy moves in the 1930s and 1970s as precedent.
• Outlets reporting the remarks note no evidence was presented to substantiate the alleged plan, and they sought comment from U.S. agencies.
• Coverage links the allegation to recent U.S. policy steps including President Trump signing the GENIUS Act in July and Treasury Secretary Scott Bessent’s openness to issuing bonds via stablecoins.
• Reports also highlight that Russia has explored its own stablecoin initiatives, including a ruble-pegged token, underscoring the geopolitical context of the criticism.