US Treasury Adds Venmo for Debt Donations as Strategic Bitcoin Reserve Bill Stalls

The US Treasury now accepts PayPal and Venmo contributions to its long-standing “Gifts to Reduce the Public Debt” program, but those voluntary inflows are tiny relative to US debt and interest costs. The article contrasts that incremental move with a stalled legislative effort — the BITCOIN Act — that would direct the purchase of 1 million BTC over five years. Asset manager VanEck projects a Strategic Bitcoin Reserve could materially reduce the debt (they estimate up to 36% by 2050 under certain assumptions), but the bill remains in committee and lacks appropriations. For markets, the immediate effect on BTCUSD is limited: voluntary donations are negligible, while the prospect of a large sovereign BTC buyer remains uncertain so long as the legislation and funding are unresolved.