Yes correct. The U.S. saw the opportunity to continue dollar hegemony via stablecoins It’s not end of dollar hegemony, it’s evolved dollar hegemony that now the U.S. gets to profit greater from post genius act

basically yes. at this point, the market has already chosen stablecoins>cbdc by simply inertia. A nation investigating a cbdc now is merely signaling that some other nation will win stablecoins. dollar milkshake theory 2.0 in play

Stablecoins don't solve the legibility problem — they rebrand it. A dollar-denominated token on a permissioned ledger gives issuers the same real-time compliance layer as a CBDC; the only difference is whether the Treasury or Circle holds the master switch. The framing that matters isn't CBDC vs s...