Let’s shift the competitor to stablecoins like USDT. Global CBDC development, with 134 countries (98% of GDP) exploring them by March 2025 and 44 in pilot, impacts the crypto market by rivaling stablecoins’ role as digital cash. CBDCs offer state-backed trust and efficiency, pressuring USDT’s dominance in trading and DeFi. Unlike USDT, CBDCs ensure legal backing and stability without reliance on private reserves, appealing to institutions. X posts hint at reduced stablecoin demand if CBDCs integrate seamlessly. Yet, USDT retains flexibility and crypto-native utility, though CBDCs could erode its market share long-term.