The bankruptcy crisis in the U.S. has reached new heights, raising interest in the potential opportunities that cryptocurrencies may provide as an alternative source of liquidity.
Bankruptcies Hit Record Levels Since 2020
In July 2025, 71 large companies in the U.S. filed for bankruptcy, the highest number since July 2020. A total of 446 major bankruptcy filings have been recorded so far this year, exceeding pandemic levels with the most affected sectors being industrials and consumer discretionary.
Inflation Pressures and Tariff Costs
The Federal Reserve held its benchmark rate steady at 4.25-4.5% in July, marking its seventh consecutive pause. Internal divisions emerged within the Fed, with two governors voting for an immediate rate cut, a first in over 30 years, highlighting the complexities of managing inflation and corporate financial stress.
Searching for Liquidity Beyond Banks
Small and mid-sized businesses are bearing the brunt of high interest rates. Traditional credit channels are narrowing, and many firms are seeking alternative liquidity sources, including cryptocurrencies and tokenized assets. The use of stablecoins is also increasing, providing more transparent and timely payment solutions.
The situation regarding bankruptcies in the U.S., inflation, and high-interest rates creates uncertainty. Cryptocurrencies may present both opportunities and risks for investors amid current financial stress.
