Throughout the first five months of the year, the digital asset sector has become a clear focus of financial revolution. This has been massively important for the United States as its global reserve currency sits at a crossroads. Now, Coinbase CEO Brian Armstrong has suggested that rising US debt will eventually cause Bitcoin to overtake the US dollar.
Bitcoin has become a priority for the US, with the country set to establish its very first federal strategic reserve. Yet, it has also become a clear hedge for a struggling greenback. With increased macroeconomic pressures, there is a belief that the leading cryptocurrency could take global reserve share from the dollar sooner rather than later.
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Coinbase CEO Reiterates Fear That Bitcoin Could Begin Replacing the US Dollar on the Global Stage
With the rise of BRICS, the push of the Euro, and Bitcoin, it is clear that the US dollar has never faced as much opposition as it has faced in 2025. The currency is caught in declining value alongside macroeconomic pressures and increased uncertainty from protectionist policies. Altogether they have threatened the position that the asset holds on a global level.
For one of the top executives in the cryptocurrency sector, things will get worse if they don’t make a change soon. Indeed, Coinbase CEO Brian Armstrong recently said that US debt will eventually cause Bitcoin to replace the dollar on the global stage. Specifically, he stated that if the ballooning deficit is not addressed, that shift will come far sooner than anyone expects.
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“If the electorate doesn’t hold Congress accountable to reducing the deficit and start paying down the debt, Bitcoin is going to take over as reserve currency,” Armstrong said in a post to X (formerly Twitter). “I love Bitcoin, but a strong America is also super important for the world,” he added.
Armstrong called on the country to get its “finances under control.” In 2025, the US national debt reached a height of $36.9 trillion. That has continually become a point of concern for economics and United States citizens. Even more concerning, US debt is on a path to becoming 100% of the GDP, which will have disastrous results.
