For a long time, the petrodollar system that has closely linked global oil transactions to the US dollar has quietly undergone profound changes in the current trend of the times. Since June 9, 2024, Saudi Arabia has made a shocking decision to gradually diversify the oil currencies it accepts and no longer renew the petrodollar agreement! This news is like a blockbuster bomb, instantly setting off a huge wave in the global financial market! Those stablecoins that are closely linked to the US dollar (such as USDT, USDC) may now be at the forefront of the storm. Can they withstand the test of this financial storm?

The Kingdom of Saudi Arabia will now widely accept multiple currencies for payment, such as RMB, Euro, Japanese Yen, and RMB. This major move is likely to have a profound impact on the global economic landscape, and even investors have begun to think about whether they should stay away from these currencies and look for a safer haven. Cryptocurrencies such as Bitcoin seem to have become the new favorite in the eyes of investors. Can they emerge in this financial tsunami and become a new investment hotspot?

China's massive purchase of gold has also attracted widespread attention. They are making adequate preparations for the coming financial storm, and gold, as a traditional safe-haven asset, may further consolidate its position in this change.

We also need to remain calm and patient. This drama will not happen immediately. We need to pay attention to the market reaction in the next few weeks. After all, contracts between countries are still settled in US dollars, but the impact of this change will gradually emerge, not all at once. The petrodollar agreement that has lasted for more than half a century is about to come to an end, which will have a profound impact on the global economic landscape.

Here, we call on everyone to pay close attention to this key area. Let us wait and see how this change will reshape the future of the world's financial market! ! And what opportunities and challenges are hidden behind this, which are worthy of deep thought and research by each of us.

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