Did the Fed Bury the Digital Dollar?

🚨 💸 #Powell in Congress: "No #CBDC during my term!" The Fed Chair aims to protect dollar dominance, with FedNow as a superficial solution, highlighting resistance to innovation. Analysts say it's using a painkiller instead of heart surgery! 💊➡️🔪 🆚 #FedNow vs CBDC: ✔️ Real-time settlement vs ❌ Lack of decentralization ✔️ Banking upgrade vs ❌ Ignoring programmable currency ✔️ Stability first vs ❌ Losing cross-border dominance 🚀 Crypto Market Surges: • DeFi volume up, stablecoins like USDT/USDC gain • Regulatory uncertainty aids, with bank crypto support 🌉 🌍 Global CBDC Race: Digital yuan and euro progress, Fed remains passive. Experts warn of risks as mBridge connects countries, with the dollar lagging 🦕 💡Prediction: Private stablecoins and foreign CBDCs may take 35% of the dollar's market, forcing future leaders to reconsider the digital dollar. Powell's "protection" might spell its end ⚰️