「BTC OG Insider Whale」 Agent: Stock Tokenization Will Drive Stablecoin Demand to Alleviate US Debt Pressure, Ethereum and Other Public Blockchains to Become Global Capital Market Settlement Layer

On January 24, "BTC OG Insider Whale" agent Garrett Jin posted on social media, noting: "Against the backdrop of de-dollarization, extending the debt cycle to help the U.S. address its debt issues seems impractical. Tokenizing U.S. equities to drive stablecoin demand is the primary viable path left for the U.S. to refinance its ballooning debt. BlackRock’s push to bring Real World Assets (RWA) on-chain illustrates this." U.S. debt continues to mount, with proposals to pressure foreign investors to roll over short-term bonds into long-term ones—delaying principal repayments to ease the burden of its roughly $36 trillion federal debt. De-dollarization was initially spurred by the Ukraine War, while developments in Venezuela and Greenland have accelerated this trend. If the U.S. aims to refinance via additional debt issuance, the only realistic path is to expand stablecoin issuance—potentially bypassing foreign regulations to attract new global capital to U.S. Treasuries. To scale this goal, the solution lies in RWA: bringing U.S. equities on-chain as on-chain assets. Tokenizing the roughly $68 trillion in U.S. equities will significantly boost stablecoin demand, indirectly lightening the debt burden. This also explains why BlackRock, the world’s largest asset manager, is deeply involved in advancing RWA and on-chain equity trading: these moves not only make economic sense but may also serve strategic and political ends. Within this framework, public blockchains like Ethereum are emerging as settlement layers for global capital markets—not out of ideology, but due to the real needs of balance sheets and geopolitics.