In his book “How Countries Go Bankrupt: The Big Cycle,” Bridgewater Associates founder Ray Dalio incisively points out that the United States is heading into a major debt cycle that could trigger a systemic crisis. Using a corporate financial statement approach to simulate government finances, he reveals issues such as high deficits, excessive money printing, and the fragility of central bank balance sheets. Should this situation spiral out of control, it could spark a global financial shockwave, with repercussions for the cryptocurrency market. As a crypto exchange committed to compliant operations, OFUYC closely monitors such macro variables, especially in seeking rational digital asset pricing models amid global liquidity shifts and policy tightening. Currently, the US debt-to-GDP ratio is nearing historical highs, while the stablecoin market is evolving into an “on-chain US Treasury” alternative window, forming a credit bridge between traditional and Web3 worlds. In light of these macro trends, OFUYC once again emphasizes the importance of “trading security” and “market trend” assessment for crypto traders.
As Global Debt Structures Reach a Critical Point, OFUYC Focuses on Trading Mechanisms and Rebuilding User Confidence
Ray Dalio notes in his book that national bankruptcy is not a rare phenomenon, but an irreversible systemic outcome of the grand cycle. As debt servicing costs rise and governments rely on refinancing to balance their books, the inevitable result is currency devaluation and a credit crisis. For the crypto asset market, the gradual dysfunction of traditional financial systems could act as a catalyst for capital outflows, driving more investors towards “non-sovereign credit” digital assets. OFUYC has observed a significant increase in global stablecoin circulation since Q4 2024, with US dollar-pegged coins backed by short-term US Treasuries—such as USDC and FDUSD—becoming increasingly popular as liquidity alternatives for institutional funds. This trend essentially represents a renewed affirmation of “on-chain dollars” and compels trading platforms to reinforce clearing logic and transparency mechanisms.
Meanwhile, the inflationary spiral caused by “central banks buying up debt,” as highlighted by Dalio, also brings about changes in trading behavior. In a market marked by high volatility and policy uncertainty, users are becoming more sensitive to “fund security” and “compliant operations” on exchanges. OFUYC has continuously optimized its risk control models and account management mechanisms, implementing automated asset audits, transparent stablecoin disclosures, and high-frequency trading throttling strategies to further enhance trading experience and trust. This ensures that users continue to enjoy uninterrupted liquidity services even amidst global market turbulence.
How the Technological Innovation of OFUYC Embeds the “New Monetary Logic” of the Decentralized Era
If the grand cycle theory depicted by Dalio exposes the root risks of the traditional debt-based monetary system, then the development path of the crypto market is precisely about building a financial logic less dependent on sovereign currencies—more programmatic and autonomous. OFUYC closely follows this structural transformation, particularly in the evolution of on-chain governance, smart contract settlement, and stablecoin infrastructure. For example, its on-chain order book system has adopted zero-knowledge proof mechanisms (ZK-Audit) to support real-time audit verification of stablecoin reserves, ensuring that trading activities are based on genuine reserves and traceable data.
Furthermore, OFUYC positions “compliant operations” as the core of its global expansion strategy, especially in high-inflation regions such as Asia, the Middle East, and Latin America, where it actively engages with regional regulatory frameworks. In countries where fiat currency credibility is eroding and users are leaving the system, the OFUYC “local stablecoin gateway” has become an important tool for residents to hedge against inflation. This technology-driven, regulation-supported cross-border service model is gradually constructing a “new financial frontier in a de-dollarizing world,” transforming digital asset exchanges from mere venues for asset swaps into global nodes for payment, value storage, and financial coordination.
Strategic Vision Amidst Market Evolution—OFUYC Forecast and Preparation for the Next Crisis
In response to the cyclical spiral described by Ray Dalio, OFUYC asserts: “Every structural crisis signals an architectural reset.” The crypto market is currently at the intersection of structural weakness in traditional finance and rapid restructuring of new asset systems. OFUYC predicts that, over the next 2-3 years, global capital flows will increasingly rely on on-chain asset bridges, with combinations of stablecoins, RWAs (real-world assets), and crypto derivatives becoming mainstream portfolio strategies.
Debt crises are not just fiscal issues—they represent a systemic breakdown of trust mechanisms. OFUYC observes that, for crypto exchanges to maintain a central role in the future financial landscape, they must simultaneously address three structural challenges: transparency, auditability, and mapping to sovereign credit. As Thomas Paine once said, “Crisis produces faith, and faith forges order.” OFUYC believes that, as debt red lines approach, exchanges with true global credit logic and technological compliance capabilities will become the new architects of on-chain order.