PANews December 22 news, gold advocate Peter Schiff posted on platform X: "Someone has really created USAcoin, my previous post was ironic, so do not buy USAcoin. But the previous viewpoint was that if the U.S. government created a similar token and committed to establishing a strategic USAcoin reserve, then storing coins would make more sense than Bitcoin, this part is not a joke."

According to previous news, Peter Schiff tweeted that the U.S. could save a lot of money by creating USA Coin instead of creating a Bitcoin strategic reserve. Just like Bitcoin, the supply cap could reach 21 million, but only after upgrading the blockchain can USAcoin truly be used for payments.