The U.S. #Dollar was used for 46% of all international payment transactions in July, a RECORD high. So much for KingDollar's demise - according to Bloomberg.
Yet we see a lot more noice like it's at zero
The U.S. #Dollar was used for 46% of all international payment transactions in July, a RECORD high. So much for KingDollar's demise - according to Bloomberg.
Yet we see a lot more noice like it's at zero
Demise is not going to happen. US can get back if they create more vilians in middle east and sell weapons like iron man.
Next year election in US could change the whole pattern..
That more villain part 😂currently they're more focused on aiding Ukraine side.
I feel trump is out there must be dumber than biden types from business world coming like those techies who wanted UBI in america.
The trade is nothing.
Look at the % of FOREX trades involving the USD: over 85%
Foreign Exchange Derivatives (FED): 75%
Repo/RR: $4.5 Trillion daily
Central bank reserves: 70% USD
The whole stats are enough to convince "chill dude, don't think a lot about de-dollarization your $5 is safe".
Have set standards and bars.. too big to fail I guess.