# Devaluation Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Devaluation", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Dialogue with Pantera Founder: Bitcoin Has Reached Escape Velocity, Leaving Traditional Assets Behind

In a recent interview, Pantera Capital founder Dan Morehead discussed Bitcoin's market cycles, currency devaluation, and the growing institutional adoption of cryptocurrencies. He emphasized that Bitcoin remains one of the most asymmetric investment opportunities, with most institutional investors still holding zero exposure. Morehead noted that Bitcoin's recent 50% pullback aligns with historical four-year cycles but believes the current price level is attractive for long-term investors. He argued that fiat currency devaluation, not asset appreciation, is driving record highs in gold and real estate, creating generational wealth disparities. Morehead highlighted Bitcoin's role as a hedge against geopolitical risks and currency instability, predicting that stablecoins could capture half of all bank deposits within a decade due to their superior accessibility and efficiency. Despite short-term volatility, Morehead remains bullish, stating Bitcoin has reached "escape velocity" with no foreseeable factors that could derail its long-term trajectory. He expects broader global adoption driven by smartphone penetration and financial inclusivity needs.

marsbit04/04 03:05

Dialogue with Pantera Founder: Bitcoin Has Reached Escape Velocity, Leaving Traditional Assets Behind

marsbit04/04 03:05

Gate Research Institute: Will the Weakening US Dollar in 2026 Be Met by Stablecoin Demand?

The article "Gate Research Institute: Will Stablecoins Absorb Marginal Dollar Demand Amid a Weakening USD in 2026?" explores the structural decline of the US dollar and the growing role of stablecoins in absorbing dollar demand outside the traditional banking system. Key points include: - The USD is weakening due to declining purchasing power, fiscal dominance, and low real interest rates, yet global demand for dollars remains strong. - Traditional banks, constrained by regulation and risk management, are reducing dollar services, creating spillover demand that stablecoins are filling. - Stablecoins like USDT and USDC have expanded significantly, with total market cap exceeding $3.09 trillion by early 2026, and are increasingly used in transactions, DeFi, and cross-border payments. - Different stablecoins vary in collateral quality and transparency, leading to an implicit credit hierarchy where asset backing and issuer credibility determine stability and liquidity preference. - Stablecoins are becoming major buyers of short-term US Treasuries, exerting downward pressure on short-term yields and influencing dollar liquidity dynamics. - By 2026, stablecoins are expected to act as a "reservoir" and distribution layer for dollars, extending the currency’s reach without challenging its reserve status, while subtly reshaping short-term funding markets.

marsbit03/19 09:42

Gate Research Institute: Will the Weakening US Dollar in 2026 Be Met by Stablecoin Demand?

marsbit03/19 09:42

Inside Iran’s $507mln USDT bet to defend its collapsing currency

Iran's Central Bank (CBI) purchased $507 million in USDT to support the collapsing Rial, using the stablecoin to bypass international sanctions and inject dollar liquidity into the local market via the Nobitex exchange. The strategy initially stabilized the currency, but a major hack in June 2025, in which over $80 million was stolen, undermined these efforts. Tether froze an additional $37 million from CBI wallets. In response, Iran turned to decentralized exchanges, while citizens moved funds into Bitcoin and self-custody wallets amid economic turmoil and protests. The case illustrates both the potential and risks of using crypto to evade sanctions and manage monetary policy.

ambcrypto01/22 18:02

Inside Iran’s $507mln USDT bet to defend its collapsing currency

ambcrypto01/22 18:02

Bloomberg's Review: 11 Key Trades to Understand the Global Financial Markets in 2025

Bloomberg's 2025 financial market review highlights 11 key trades that defined a year of high-stakes bets and sharp reversals. Cryptocurrency saw a fleeting boom in Trump-affiliated meme coins and assets, which ultimately crashed, demonstrating that political hype couldn't override crypto's volatile cycles. Michael Burry’s bearish bets on AI giants Nvidia and Palantir exposed underlying skepticism in tech valuations. European defense stocks surged due to geopolitical shifts and increased military spending, while the "debasement trade" drove gold to record highs, though its effectiveness was mixed. South Korea’s equity market rallied over 70%, fueled by pro-market policies and foreign investment, yet domestic retail investors remained skeptical. A notable showdown between short-seller Jim Chanos and bitcoin bull Michael Saylor ended with Strategy's premium collapsing. Japan’s government bonds, long a "widow maker" trade, finally paid off for shorts as yields soared. Credit markets saw intense inter-creditor conflicts, with firms like Pimco profiting from tactical moves. Mortgage giants Fannie Mae and Freddie Meme surged on privatization plans. A popular Turkish carry trade imploded overnight due to political turmoil, and recurring credit crises hinted at deeper systemic risks, prompting warnings of more "cockroaches" in the market.

marsbit12/29 09:50

Bloomberg's Review: 11 Key Trades to Understand the Global Financial Markets in 2025

marsbit12/29 09:50

Why Is America Embracing Crypto? The Answer May Lie in Its $37 Trillion Debt

The article explores the claim by a senior Russian advisor that the U.S. is planning to use cryptocurrencies and stablecoins to devalue its $37 trillion national debt by shifting it into a "crypto cloud," effectively forcing the burden onto the global economy. This strategy, while seemingly extreme, aligns with historical U.S. practices of debt dilution through inflation and monetary expansion. Stablecoins, backed by U.S. Treasury assets, could allow the U.S. to export inflation globally by distributing dollar-denominated debt to international holders. When the dollar inflates, the loss in purchasing power is shared by all stablecoin users, not just U.S. citizens. This system offers the control of a central bank digital currency (CBDC) without the political baggage. However, trust remains a critical issue: stablecoin reserves cannot be fully independently verified, and the U.S. could unilaterally change rules, as it did when decoupling the dollar from gold in 1971. While a direct government-led Bitcoin acquisition strategy (as suggested by figures like Michael Saylor) is unlikely, the U.S. may instead leverage private sector entities to accumulate crypto assets discreetly, later integrating them into national strategy. The article concludes that some form of crypto-assisted debt dilution is plausible, if not inevitable, given the scale of U.S. debt and its historical approach to monetary policy.

Odaily星球日报12/24 10:39

Why Is America Embracing Crypto? The Answer May Lie in Its $37 Trillion Debt

Odaily星球日报12/24 10:39

Bitcoin Never Hit $100K in Real Terms Despite $126K Peak

Despite reaching a nominal all-time high of $126,000 in October, Bitcoin never surpassed the $100,000 threshold in real purchasing power, according to Galaxy Research. Adjusted for inflation using 2020 dollars, the peak value was only $99,848—falling short by just $152. The analysis, led by Alex Thorn, highlights the significant erosion of the U.S. dollar's purchasing power, which has declined by about 20% since 2020 due to persistent inflation. This underscores the importance of evaluating investment performance in real terms rather than nominal values. Bitcoin is currently trading around $87,317, well below its October peak, as markets contend with ongoing economic pressures.

TheNewsCrypto12/24 05:14

Bitcoin Never Hit $100K in Real Terms Despite $126K Peak