Scary. He did also mention stablecoins in his speech in Nashville. So this would just be a public-private partnership rather than an “official” CBDC?
Trump said he will not create a #CBDC.
Trump said Larry Fink could be his Treasury Secretary.
Fink is the CEO of Blackrock.
Blackrock is a major investor in Circle.
Circle is the issuer of the USDC stablecoin.
USDC is a major holder of T-bonds.
Get it?
https://www.circle.com/blog/deepening-our-partnership-with-blackrock
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