No, not as you’ve described it.
However there are many decentralized blockchain/distributed ledger technologies that are up and running that can handle the transaction volume that would be required if they were mass adopted and used as day to day currency, replacing government controlled currencies. Bitcoin can’t handle that kind of transaction volume, but Nano, BCH, XRP, HBAR, etc to name a few would all be capable of being used as currency to replace the US dollar.
Now please downvote me as is tradition.
I just googled project redar cbdc and almost nothing came up. You seem to have some specific concerns about a certain project, I can’t speak to that. I was responding to the more general part of your question about whether an alternative to US dollars is being developed and whether there is some dystopian social credit system involved.