Grayscale: U.S. Debt Buybacks May Boost Bitcoin and Gold Demand as Dollar Trust Erodes

BitcoinWorld Grayscale: U.S. Debt Buybacks May Boost Bitcoin and Gold Demand as Dollar Trust Erodes As the U.S.

government expands its buyback of long-term Treasury bonds, crypto asset manager Grayscale warns that such measures are only a temporary fix for a deeper fiscal problem.

According to a recent report from Grayscale’s research team, the growing national debt and rising private-sector borrowing could weaken confidence in fiat currencies, potentially driving investors toward alternative assets like Bitcoin and gold. U.S.

Debt Buybacks: A Stopgap Measure Zach Pandl, Grayscale’s head of research, noted that the Treasury’s buyback program for long-term government bonds does not address the structural issue of persistent fiscal deficits. The announcement came on the same day that U.S.