@vincentmccarthy
CBDCs (e.g., China’s e-CNY trials, EU’s 2024 CBDC draft) create both competition and synergy for crypto. They may reduce demand for stablecoins but drive blockchain adoption. Risks: CBDC regulation could limit crypto use (e.g., banning crypto if CBDCs launch widely). Investors should monitor CBDC rollout timelines and government stances to anticipate market shifts.