Future of Dedollarisation: BIS' CBDC Project mBridge Gains Traction with Petrodollar’s “Death”, Will US Economy Crumble?
The financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?
Catherine
