People are celebrating over on Twatter about the "No CBDC" line item within the Executive Order today. I think it's a farce.

Fully believe they'll simply outsource it to stablecoin issuers and in exchange for being able to operate in US they'll have to agree to a surveillance sharing agreement. Then they also get US Treasury buyers out of the deal.

Two birds. All the data. One stone.

Would be glad to be wrong.