God bless China! Two pieces of great good news came in a week, and this time it was really a win without any effort.

The first good news is that on June 12, the Moscow Exchange of Russia announced that it would suspend all transactions in the US dollar and the euro from the 13th, firing the first shot of "de-dollar hegemony".

As one of the world's three largest exporters, Russia's importance in the international trade map is self-evident, especially in the key commodity fields, including food, coal, fertilizers, diversified mineral resources, timber and enriched uranium supply, where it plays a core role. If Russia takes action to fully switch its strategic material exports to the RMB settlement system instead of the traditional US dollar settlement, this will pose a substantial challenge to the long-standing stable US dollar hegemony system and herald a profound transformation in the financial field. This shift is very likely to accelerate the pace of the international monetary system towards diversification, encourage more countries to explore and adopt non-US dollar currencies as the main trade settlement tools, and gradually erode the traditional advantages of the US dollar in the field of global trade settlement and reserve currencies.

At the same time, Saudi Arabia made a clear statement through official channels on June 15 regarding the future direction of the "Petrodollar Agreement", deciding not to renew this historic cooperation agreement with the United States. Although the rumor of this decision had emerged as early as June 9, the market speculation was not quelled until the authoritative media reported and confirmed it. As the founder of the "Petrodollar" mechanism, Saudi Arabia's policy shift has far-reaching significance for the global energy market structure and the international monetary system. If Saudi Arabia really leaves the US dollar settlement system, it will be a direct challenge to the status quo of US dollar hegemony, which may lead to unprecedented turmoil in the global financial landscape that has been built for decades, and may even mark the decline of the US dollar's dominance and usher in a new era of a multi-currency system. These developments are not only a reflection of the fine-tuning of the balance of global economic forces, but also highlight that the international economic cooperation model and monetary system are in profound changes and adjustments, heralding the advent of a new era.#BinanceContractChampionship#AirdropGuide#BinanceOnlineZK#LayerZero #美联储何时降息？