America Loses Dominance of Dollar in Global Trade💥

The dollar, which has long been the dominant currency in global trade of the United States, is increasingly facing challenges. The absence of the dollar, especially in energy trade, could shake the economic dominance of the United States.

-Saudi Arabia's Decision: It Will No Longer Sell Oil in US Dollars💥

Saudi Arabia has made a major change in energy markets, deciding not to use the US dollar in oil sales. This could be a sign that countries are turning to alternative currencies in energy trade. This decision could reshape Saudi Arabia's energy trade relations with the US and significantly affect global energy markets.

The Rise of Cryptocurrencies 💪

These developments could increase the role of cryptocurrencies in global trade. The loss of trust in traditional currencies could lead investors and trading countries to alternative financial instruments. Cryptocurrencies such as Bitcoin and Ethereum, in particular, can stand out as safe alternatives with their decentralized structures and limited supply.

The advantages of cryptocurrencies can be:

Independence: Being independent from central authorities makes them less sensitive to economic and political fluctuations.

Transparency and Security: Thanks to Blockchain technology, transactions are carried out transparently and securely.

Fast and Low-Cost Transactions: Cryptocurrencies offer fast and low-cost solutions for cross-border transactions.