In recent developments, US President Donald Trump’s clash with Federal Reserve Chair Jerome Powell has raised concerns about the impact on the US economy and financial markets. Trump’s push for lower interest rates to stimulate economic growth clashes with Powell’s commitment to maintaining the Fed’s independence and economic stability. The potential consequences of Trump firing Powell have led to market volatility and speculation about the future of cryptocurrency. Economists emphasize the importance of central bank independence to prevent economic collapse, citing historical examples of hyperinflation in politically controlled economies. If Trump overrides the legal precedent to remove Powell, it could have significant implications for stablecoins and the global financial system. The uncertainty surrounding the Fed’s future underscores the need for cryptocurrency to prove its resilience and independence from traditional financial institutions. The potential fallout from a Fed crisis extends beyond financial markets to geopolitics and regulatory challenges in the crypto industry. As the situation unfolds, the future of cryptocurrency remains uncertain in the face of unprecedented political and economic turmoil.