Trump said he would bring back the glory of USD. And IMF is also pushing for those efforts and they are giving pressure to BRICS already. And now the efforts are moved towards the El Salvador and other crypto friendly nation. They want all coins to be under umbrella of the USD. Which means they are going to be seriously trapping many island economies like El Salvador, St kitts etc.
El Salvador is in process and talks with IMF on the 1.3 B loan and through the rescaling the bitcoin only economy dialogue. They don't want to diss the currencies of other nations or even stablecoins now. They want to keep all options open along with the IMF loan.
El salvador has a plan. They wanted to make bitcoin only based economy. Like every step of the way they wanted to use the lightning network for payments. But in real life when you want to deal with other nations and economies that is not going to work out.
You are forced to use the CBDC and the stablecoins. Which means your ambitions and aspirations would require IMF intervention. And they did intervene. They are offering loan for the El salvador obviously at the contingence of the toning down on the bitcoinn and crypto.
Trump, USA and the IMF on the spree to get the USD back in the business. And El salvadors stepping down from aggression is one such attempt at victory for the el salvador people. Let's see where this lands next!