One of Trump's campaign promises was that Treasury would not form a new coin.
https://www.reuters.com/world/us/trumps-new-crypto-coin-spar... https://www.dlnews.com/articles/people-culture/inside-the-tr...
What Trump promised about the central bank is that he would prevent the formation of a central bank digital currency. His audience dislikes the CBDC because it has different rules for what’s tolerable. The most important innovation for those people is that crypto apparently tolerates everything.