Garrett Jin: tokenization of US stocks may drive demand for stablecoins, easing pressure on US bonds

On January 24th, Garrett Jin, the agent of "BTC OG Insider Whale", posted on social media that it is unrealistic for the United States to solve its debt problem by extending the debt cycle in the context of de dollarization. The tokenization of US stocks to promote stablecoin demand is the main feasible path for refinancing the continuously growing debt. BlackRock's push to bring real-world assets (RWA) to the blockchain demonstrates this point. Garrett Jin believes that public chains such as Ethereum may become the settlement layer of global capital markets due to balance sheets and geopolitical needs.