I don't think the U.S. is anywhere near ready to launch a CBDC of their own, from a technology standpoint, or from a regulatory one. Which is why I generally disagree with the post on SN from earlier today claiming that SVB's failure was centrally planned in order to launch a cbdc. I think the Fed (and other central planners) are simply incompetent and bogged down by bureaucracy. Although, I wouldn't be surprised if I ended up being wrong on this.

And I agree that when they do end up launching one, it will probably be in response to a crisis.