Deep Tide TechFlow news, April 17, former U.S. Treasury Secretary Henry Paulson warned that U.S. authorities should prepare short-term, targeted emergency plans in advance for the possibility of a collapse in future U.S. Treasury demand. He stated that once a crisis occurs, the impact will be very severe. The U.S. Treasury market is regarded as the cornerstone of the global financial system; if instability occurs, it could affect asset pricing for corporate bonds, mortgages, and stocks. The report pointed out that if the crisis triggers a decline in confidence in the dollar, it may drive funds into alternative value storage assets such as Bitcoin and gold; however, Tether, which primarily holds U.S. Treasuries as reserve assets, could also face redemption and de-pegging risks.