ChainCatcher message, gold advocate Peter Schiff posted on the X platform saying: "Someone has really created USAcoin, my previous post was sarcastic, so do not buy USAcoin. But the previous point was that if the US government created a similar token and committed to establishing a strategic USA coin reserve, it would make more sense than storing Bitcoin, this part is not a joke."

Previously, Peter Schiff tweeted that the US could save a lot of money by creating USA Coin instead of creating a Bitcoin strategic reserve. Like Bitcoin, the supply cap can reach 21 million, but the USA coin can only be used for payments after the blockchain is upgraded.