Anton Kobyakov, a senior advisor to Russian President Vladimir Putin, accused the US of planning to use gold and crypto to shift part of its national debt into stablecoins and then “devalue that debt.”
Putin Advisor Warns of US Conspiracy to Wipe $37tn Debt Using Crypto, Gold
9 September 2025 - 11:02 CEST
He made the remarks on Saturday at the Eastern Economic Forum (EEF) in Vladivostok, Russia’s Far East investment showcase near the North Korean border, according to a video distributed via Russia Direct. Kobyakov has advised Putin since 2014 and serves as the forum’s executive secretary.
“They have a $35 trillion currency debt [now roughly $37 trillion, per the US Treasury], they’ll move it into the crypto cloud, devalue it, and start from scratch,” he said. “Washington’s actions in this area clearly highlight one of its main goals: to urgently address the declining trust in the dollar.”
Kobyakov added: “As in the 1930s and the 1970s, the U.S. plans to solve its financial problems at the world’s expense – this time by pushing everyone into the ‘crypto cloud’.”
