Donald Trump recently signed an order banning the creation of a U.S. central bank digital currency (CBDC). Experts are skeptical, seeing it as a potential cover for supporting stablecoins as an alternative.
Trump and U.S. CBDC: What's Behind the Ban
According to the official document, Trump aims to strengthen the USD's international role by endorsing lawful dollar-backed stablecoins. However, analysts suggest this move favors private companies issuing such assets, potentially creating a new form of financial control.
Musk's Role and Technological Control
Elon Musk, connected to the tech elite, influences the development of digital currencies through his business ties and initiatives aimed at creating centralized financial systems. This endeavor might threaten traditional banking systems.
Stablecoins in the Spotlight
The popularity of stablecoins continues to rise, as does governmental support for their use. However, as cases like frozen USDT assets demonstrate, they can serve as tools for financial transaction control.
The ban on U.S. CBDC raises multiple questions and doubts about the true intentions behind this move and its potential impact on financial markets and civil liberties.
