All of this has relevance for the U.S., which has talked about looking into its own CBDC (or “Fedcoin,” as critics have labeled it). Mark Zuckerberg, testifying in front of Congress in 2019, even used China’s rapid development of a CBDC as an argument for why the U.S. should not interfere with Libra.
https://decrypt.co/98315/the-beijing-olympics-was-the-coming-out-party-for-chinas-digital-yuan-what-comes-next
