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submitted 8 months ago by Alsephina@lemmy.ml to c/worldnews@lemmy.ml
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[-] jonne@infosec.pub 9 points 8 months ago* (last edited 8 months ago)

It's just speeding up dedollarisation at this point. Trade is increasingly done in other currencies because the US dollar is just a minefield of sanctions and regulations. The US had this power back when they produced everything people needed, but nowadays everything's coming from China, so why involve a third party in your trade that can freeze your accounts for no reason?

this post was submitted on 16 Mar 2024
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