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Rep. Ritchie Torres Rep. Ritchie Torres @repritchie Β· 4 subscribers
Post #1873 3
🚨🚨🚨 HUGE: CONGRESS JUST PUT A PAUSE ON A U.S. DIGITAL DOLLAR. πŸ‡ΊπŸ‡ΈπŸ‘€

The Senate has reportedly passed a CBDC ban by an 89-10 vote, preventing the Federal Reserve from issuing a government-backed digital dollar until 2030. βš–οΈπŸ”₯

The immediate takeaway?

πŸ’΅ Private stablecoins remain in the driver's seat

🏦 Circle's USDC and Tether's USDT avoid direct government competition for years

πŸš€ The stablecoin race just became even more important

This is a major signal in the battle over the future of money.

Instead of a government-controlled digital dollar, the market may continue leaning toward privately issued digital dollars. πŸ‘€βš‘

The next phase of global finance is being decided right now. 🌍πŸ”₯

#Bitcoin #Crypto #Stablecoins #USDC #USDT #CBDC #Blockchain #DigitalDollar #Investing πŸš€πŸ‡ΊπŸ‡Έ
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