[bigyabai]

> Over the last few years, stablecoins have become a preferred means to hold and move money

Moving money, sure. Holding money, only for chumps. The oldest grift in the cryptocurrency book is "unpegged no-audit stablecoin" and vanishingly few tokens actually put their money where their mouth is. Anyone can spin up money out of nowhere, but only a few businesses can survive a true bank-run scenario.

This seems like a threat to put pressure on CBDC to be pro-business or else the private sector will take over part of their job for them. A rational administration would probably want to put a stop to this, letting the private sector print it's own money will invariably end in heartbreak.