
US federal debt hits $40.25T with no legal path to repay in bitcoin
- —US federal debt reached $40.25 trillion as of Oct. 5, 2026, per JEC data
- —Trump's March 6, 2025 order bars selling coins held in the strategic bitcoin reserve
- —Lummis's S.954 has only been introduced and creates no debt-repayment mechanism
- —Settling with creditors in BTC would require separate sale or transfer procedures
Why it matters: The claim that bitcoin could retire US debt is unsupported by policy documents, tempering speculative expectations tied to the reserve.
Source: TokenPost