To take a contrary viewpoint , perhaps Trump understands that 'crypto' in particular stable coins, Bitcoin and maybe even some shitcoin, may needed to compete with Chinas CIPS and mBridge. The Bitcoin community in its turn is in denial about the competition for who denominates international trade payments, while China has turned N.Korea, Iran, Russia to using its protocols and its currency and the Saudis, foundational partners in petrodollar have joined both BRICS and mBridge. Mention mBridge to Bitcoiners and Libertarians and you get a wall of UD exceptionalist denial, but it is the USDs domination over trade payments via an antiquated SWIFT that is the basis of USD hegemony and the exorbitant privilege USD reserve currency confers. Trump made early the threat to sanction any BRICS member who dares not use the dollar- (looking at you Saudi Arabia). Trump knows better than most shitcoiners and Bitcoiners the vulnerability of the US to a challenge to its global banking/trade payments hegemony- and stable coins and Bitcoin , do provide possible alternatives to mBridge, Chinas digital trade payments protocol. The USD Fed Res and USD face fundamental structural and political problems in adopting any sort of CBDC due to the structure and power of the FED compared to the US government- (China does not have that problem- look at what happened to Jack Ma) ) whereas stablecoins, Bitcoin, or even some shitcoin might potentially enable an alternative that can compete on speed, efficiency, credibility and price. Alongside the privacy concerns, CBDCs greatly increase the ability of Central Banks/governments, to direct capital allocation flows- this is not so much of a problem for autocracies like UAE, Saudis, China and Thailand, but for the private banks who own the US Fed Res it would be almost insurmountable to surrender their control of the dollars issuance and allocation to the US government.