The USA is incapable of implementing a CBDC. Yet USA with its decades of decline in productivity and manufacturing is today almost entirely dependent upon its financial system hegemony. SWIFT is an antiquated analogue relic. Chinas CBDC is already operational as is mBridge and CIPS via which a rapidly growing portion of global trade is settled, outside of the control of US institutional reach, control and even measurement. The deluded US exceptionalists thought that financial services could sustain US wealth and power in the absence of the ability to produce any manufactured goods- but this delusion is now being exposed as the proxy war between the US and China unfolds. Chinese supply Russia with both trade payments outside of USD/SWIFT and the vast range of manufactured goods Russias war economy needs. At the same time China buys Russian oil and gas (as a nice discount) resulting in Russia now being a dependent upon China. Trump is hugely worried with very good reason- with China now supporting both Iran and Russia and with Iran and Russia both costing the US military and its associates increasing billions, if Saudi Arabia signs over to allegiance with China the US empire would swiftly be insolvent- the 'petrodollar' would collapse. The war in Ukraine has depleted US military stocks while Russia backed by Chinas much larger manufacturing capacity does not face such a problem. The USA is not the global leader in production of most essential materials required for war today- China is. USA is on the back foot- if Saudi Arabia sign up to mBridge its all over for Uncle Sam.