The Trump administration has prohibited federal agencies from developing a central bank digital currency (CBDC) while at the same time promoted the global adoption of dollar-backed stablecoins

Quotes that support claims

Cipollone’s remarks followed the first crypto-related executive order signed by the US President on Jan. 23. This order prohibited federal agencies from pursuing a central bank digital currency (CBDC) and laid a framework to bolster the adoption of dollar-backed stablecoins worldwide.