DeVere CEO claims stablecoins and oil as Trump's strategic macro tools

U.S. President Donald Trump is engaged in a "silent and steady conflict" against the Federal Reserve, not through open confrontation, but by remodeling the underpinnings of American macroeconomic strategy, as stated by Nigel Green.

Green, the CEO of financial consulting firm DeVere Group, declared in a statement to crypto.news that while Trump's tariffs and trade disputes are making headlines, there are two unnoticed tactics that are crucial to the president's economic game plan: stablecoins and affordable oil.

"They're the dual instruments of Trumpian macroeconomics: digital financial superiority and physical cost suppression," Green asserts.

Stablecoins as a tool for monetary dominance

Green perceives the growth of yield-bearing stablecoins, digital assets tied to the U.S. dollar that generate interest through tokenized Treasury bills, as a key component of Trump's second-term economic program.

These stablecoins do more than just replicate the value of the U.S. dollar. They generate new demand for the greenback by providing yield to holders of all types, ranging from retail investors to decentralized finance platforms and institutions.

"This is revolutionary," Green clarifies. "It implies that anybody—including retail users, international investors, DeFi platforms—can possess a dollar-based asset that earns interest, often automatically and effortlessly."

The plan serves three objectives, according to Green:

Oil as a means of inflation management

While stablecoins symbolize a digital approach, oil remains Trump's most recognizable economic instrument.

Green contends that Trump views inexpensive oil not only as an economic stimulus, but as a tool for inflation control. By advocating for reduced prices, through increased domestic production, diplomatic pressure, and market influence, Trump aims to keep business costs low and minimize the need for central bank involvement.

"Cheap oil powers everything," Green says. "It's inflation control through sheer force."

Circumventing the Fed

By manipulating both demand (digital yield) and supply (energy prices), Trump is constructing an alternative system of macroeconomic administration, one that bypasses the traditional methods of the Federal Reserve.

"He's not dismissing Jay Powell," Green concludes. "He's establishing a parallel system. It's remarkably cohesive."

As the 2024 election cycle gains momentum, these tactics may provide a glimpse into how Trump could redefine U.S. monetary policy without ever altering the Fed's leadership.