PETRODOLLAR

Will Saudi Use of Petrodollar Make Way for BTC and XRP?

cryptosheadlines2 months ago06 mins

US dollar under serious threat as Saudi Arabia’s top official discloses that the country is open to using Yuan for crude settlement amid the upcoming BRICS Summit. However, the US could “put up a fight” as former president Donald Trump proposes 100% tariffs on countries moving away. The de-dollarization strategy is still on as Saudi…

Is Petroyuan The New Petrodollar?

cryptosheadlines2 months ago05 mins

The oil domain is currently experiencing a volatile state of affairs. The petrodollar has long collapsed, with countries vying for a local currency narrative to transact deals in. In the middle of this, the concept of Petroyuan is gaining momentum in the market as Saudi Arabia is interested in transacting oil-related deals in the Yuan….

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Will Saudi Use of Petrodollar Make Way for BTC and XRP?

Is Petroyuan The New Petrodollar?