According to Forbes, Princeton University senior researcher Bill Dudley stated that stablecoins cannot solve the rising debt service costs of the U.S. Treasury. Although Treasury Secretary Scott Bessett believed that the booming development of stablecoins would boost private sector demand for U.S. Treasuries and thus lower government borrowing costs, this expectation is unrealistic. Firstly, stablecoin issuers' purchase of Treasuries will not grow as expected. Secondly, the GENIUS Act prohibits paying interest on stablecoins, which leads users to prefer quick turnover rather than long-term holding. Additionally, the high turnover rate of stablecoins and potential restrictions on their use by various countries will also impact their effectiveness in alleviating U.S. debt costs.