France gov't launched a stable coin that requires gov't approval to use

We all know CDBC are coming but it looks like France has started already and surprisingly to me, they are launching on Ethereum. But the catch is, you can't use the token unless they allow you to. Think Canada truck drivers or people buying food for protesters...

here's the details by foobar: https://twitter.com/0xfoobar/status/1649056938062118913

Basically, everytime you want to spend the money, a centralized based system must do a secondary approval to even transfer the funds.

WOW

But, the gov't is adopting blockchain. Plus RWA. Can't be much more bullish than now compared to literally ANYTIME in the past, there is real utility now. Don't allow politicians to shake your ground with regulations that make no sense. The US plays a lot of games but ultimately i think defi becomes the main area in finance for anyone to invest in