Trump's EO issued on January 25, 2025, states, "The order prohibits federal agencies from establishing, issuing, or promoting CBDCs in the U.S. or abroad, and requires the termination of related initiatives." The BIS is now at loggerheads with Trump and his stablecoin vigilantes. The BIS says that stablecoins resemble “digital bearer instruments" that resemble financial assets more than money.
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Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.