#BREAKING : 🇺🇸 Senior White House Official rules out launch of U.S. stablecoin or digital dollar
In a bold and clear stance, a top advisor from the White House stated that the United States has no #intention of introducing a government-backed stablecoin or central bank digital currency (CBDC). The official emphasized that the U.S. leadership is firmly against the creation of any such digital asset directly issued by federal authorities.
The advisor reinforced that Washington sees serious concerns around privacy, financial control, and surveillance risks tied to CBDCs. This position reflects a commitment to preserving personal financial freedom and keeping the digital asset space open to innovation from the private sector. The U.S. administration believes the future of digital finance should be driven by decentralized technologies and private enterprise—not centralized government currencies. As per the official's statement, the U.S. remains cautious and prefers strengthening regulatory frameworks rather than introducing its own digital dollar.
This comes at a time when global powers like China and the EU are experimenting with their versions of CBDCs. Yet, the U.S. continues to distance itself, emphasizing freedom of choice and financial decentralization over direct monetary issuance.