Coinbase CEO Brian Armstrong Warns Bitcoin Could Become Next Global Reserve Currency Amid $37 Trillion U.S. Debt Crisis

Coinbase CEO Brian Armstrong highlighted the growing fiscal challenges facing the United States, emphasizing the potential impact on global financial stability. Armstrong warned that without decisive congressional action to address the mounting $37 trillion national debt, Bitcoin could emerge as a viable alternative to traditional reserve currencies. His commentary underscores the intersection of macroeconomic policy and cryptocurrency adoption, reflecting heightened investor interest amid fiscal uncertainty.

Armstrong’s remarks came in the context of recent legislative developments, including the passage of the “Big Beautiful Bill” by House Republicans. This legislation, endorsed by former President Trump, extends tax cuts while increasing defense expenditures and reducing funding for healthcare, food assistance, and clean energy initiatives. Such fiscal maneuvers have intensified concerns about long-term budgetary sustainability and have contributed to the narrative positioning Bitcoin as a hedge against sovereign debt risks.

As policymakers grapple with balancing economic priorities, Armstrong advocates for restoring fiscal discipline to maintain America’s financial leadership. The evolving debt dynamics continue to fuel institutional and retail interest in Bitcoin, reinforcing its role in diversified investment strategies amid uncertain economic conditions.