US Debt Crisis May Push Corporate Bonds On-Chain, Slash Stablecoin Demand

Zhu Su, co-founder of Three Arrows Capital and founder of OPNX exchange, predicts that a U.S. debt crisis could accelerate the migration of corporate bonds onto blockchain networks.

This shift would be driven by companies seeking cheaper funding during times of economic stress, Zhu argued in a recent post on X.

Citing rising U.S. debt and the search for yield, Zhu suggested that investors may prefer assets like Apple corporate bonds offering around 6% yield over dollar-pegged stablecoins yielding 0%.