Strong hypothesis (not theory). IMO, the only problem is that stablecoins and other “blockchains” are probably less secure than the current system of (dare I say, decentralized) banks and credit unions. The term “digital dollar/Euro” doesn’t mean anything. It’s not digital now? How will it become *more* digital? Not that many people truly understand how this stuff works. They just repeat buzzwords without understanding the architecture and think it’s trivial to transfer everything over “to the blockchain.”