Coinbase CEO Brian Armstrong argues that Bitcoin functions as a check and balance on US fiscal policy by encouraging monetary discipline and providing an alternative to fiat currency amid rising inflation and debt. He warns that if inflation outpaces economic growth, the US could lose its dollar’s reserve currency status, which Bitcoin's presence helps to prevent. Meanwhile, some industry leaders believe stablecoins may more effectively extend the dollar’s global dominance through facilitating demand for US debt and monetary reach.

