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    Home»Bitcoin»US Treasury Provides Venmo for Debt Donations as Strategic Bitcoin Reserve Invoice Stalls
    US Treasury Provides Venmo for Debt Donations as Strategic Bitcoin Reserve Invoice Stalls
    Bitcoin

    US Treasury Provides Venmo for Debt Donations as Strategic Bitcoin Reserve Invoice Stalls

    By Crypto EditorApril 26, 2026No Comments2 Mins Read
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    The US Treasury now accepts PayPal and Venmo for voluntary public debt contributions by its Pay.gov type. The replace arrives as a Strategic Bitcoin Reserve invoice concentrating on the identical fiscal downside stalls in Congress.

    Donations common roughly $120,000 a month towards a $39 trillion complete. Curiosity funds alone run close to $88 billion a month, dwarfing any voluntary influx.

    A 64-12 months-Previous Program Meets Viral Consideration

    The “Items to Scale back the Public Debt” program has operated since 1961 below 31 U.S.C. § 3113. Treasury information present cumulative donations of about $67 million since 1996, with February 2026 inflows close to $30,000.

    US Treasury Provides Venmo for Debt Donations as Strategic Bitcoin Reserve Invoice Stalls
    US Treasury Provides Venmo for Debt Donations. Supply: Pay.gov

    Amid rising US debt. Senator Rand Paul has pushed his Six Penny Plan. The proposal would trim six cents from each federal greenback over 5 years.

    “I launched the Six Penny Plan as a result of the reply to our debt disaster isn’t difficult. Minimize six cents off each greenback. Steadiness the funds in 5 years. Defend your kids’s future. The one factor standing in the way in which is Washington’s refusal to dwell inside its means,” he acknowledged.

    Strategic Bitcoin Reserve as the choice

    Bitcoin (BTC) advocates distinction the donation program with lively proposals to construct sovereign crypto holdings. The BITCOIN Act of 2025 was launched by Senator Cynthia Lummis. It will direct the acquisition of 1 million BTC over 5 years.

    Asset supervisor VanEck has projected {that a} Strategic Bitcoin Reserve might trim US debt by 36% by 2050.

    US Bitcoin Reserve Value/National Debt Value in 2049
    US Bitcoin Reserve Worth/Nationwide Debt Worth in 2049. Supply: VanEck

    “Assuming in the present day’s $900 trillion of complete international monetary property compound at 7.0% from 2025 – 2049, Bitcoin would symbolize 18% of worldwide monetary property on this situation,” the agency added.

    The invoice stays caught in committee. Lummis introduced in December 2025 she won’t search reelection.

    President Donald Trump’s govt order created the reserve on paper utilizing forfeited cash. Operational deadlines have lapsed, and Congress has not appropriated new acquisition funds.

    The companion Mined in America Act seeks to codify that framework.

    The present outlook leaves taxpayers with two contrasting instruments. Voluntary digital presents sit on one facet, whereas a stalled legislative push for fixed-supply reserves sits on the opposite.

    The publish US Treasury Provides Venmo for Debt Donations as Strategic Bitcoin Reserve Invoice Stalls appeared first on BeInCrypto.



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