US Treasury Secretary Bessent Opposes CBDCs, Citing Weakness

Posted: 2025-05-07 12:58:30 UTC

@The Bitcoin Historianpete_rizzo_

#Finance

#Economy

#DigitalCurrency

#Treasury

#Bessent

#CBDC

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2025-05-07 12:58:58 UTC

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US Treasury Secretary Bessent states that CBDCs (Central Bank Digital Currencies) are a sign of weakness and he would not support issuing one.

US Treasury Secretary's stance against CBDCs

CBDCs perceived as a sign of weakness

Potential disagreement within the government regarding digital currencies

Concerns about the stability and security of CBDCs