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A Hybrid Financial Future: Tokenized Treasury Bonds and a Centralized U.S. Digital Coin to Address the National Debt

A Hybrid Financial Future: Tokenized Treasury Bonds and a Centralized U.S. Digital Coin to Address the National Debt

To: Federal Reserve and Treasury Officials, White House Economic Advisors Date: August 4, 2025 The United States faces a national debt exceeding $35 trillion, with rising interest costs straining fiscal sustainability. To address this challenge, we propose a hybrid financial system combining decentralized, blockchain-native Treasury bonds and a centralized U.

By Nick Joseph