A top Putin advisor's claim that the US is using crypto to devalue its debt is not genuine concern. It is a calculated geopolitical move to publicly discredit the dollar while promoting the alternative gold-backed monetary system that Russia and China are actively building together.

Beyond strategic ports, China's maneuvering includes creating financial infrastructure, like a South American gold corridor, as part of a larger strategy to establish a gold-backed currency that could rival and undermine the US dollar's status as the world's reserve currency.

The US dollar reached its peak global dominance in the early 2000s. The world is now gradually shifting to a system where multiple currencies (like the euro and yuan) and neutral assets (like gold) share the role of reserve currency, marking a return to a more historically normal state.

Using the dollar as a weapon forces other countries to build their own financial 'armor' and alternative transaction systems (like BrixPay). This response fragments the global economy into hostile blocs, ironically diminishing the dollar's long-term dominance and reducing America's ability to finance its deficits.

Each time the U.S. uses financial sanctions, it demonstrates the risks of relying on the dollar system. This incentivizes adversaries like Russia and China to accelerate the development of parallel financial infrastructure, weakening the dollar's long-term network effect and dominance.

The US is embracing stablecoins to maintain the dollar's global dominance. By enabling easy access to digital dollars worldwide, it creates new, decentralized demand for US treasuries to back these stablecoins, offsetting reduced purchasing from foreign central banks.

Before stablecoins, launching financial services in N countries required N² unique integrations. Now, companies can build on a single dollar-stablecoin standard and instantly operate globally. Adding other local stablecoins becomes a simple N-style addition, radically simplifying global expansion.

The decline of the US dollar won't result in a simple replacement by the Chinese Yuan. Instead, its core functions are fracturing: 'store of value' is shifting to gold and Bitcoin, while 'medium of exchange' is moving to a multi-polar system of local currencies like the rupee and yuan.

Beyond a fintech innovation, USD stablecoins can be used by the US government as a tool of economic statecraft. They can direct foreign investment into strategic US sectors, create new demand for Treasury debt, and provide a mechanism to enforce sanctions by electronically controlling capital flows globally.