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Breaking news!
Saudi Arabia plans to trade oil with digital currency, and the market looks forward to a new chapter
Saudi Arabia recently announced plans to incorporate digital currency into its oil sales system, but has not yet disclosed which digital currency will be used. At a time when digital currencies are surging, combined with current market trends and currency performance, we speculate that the following digital currencies may become the new favorites of Saudi oil trading:
1. Bitcoin (BTC)
As the digital currency with the highest market value in the world, Bitcoin is undoubtedly the most concerned by the market. If Saudi Arabia chooses Bitcoin, it will undoubtedly bring great vitality to the digital currency market.
2. Ethereum (ETH)
As a pioneer of smart contracts, Ethereum has attracted much attention for its powerful application prospects. If Saudi Arabia chooses Ethereum, it may open a new chapter in the combination of energy and blockchain technology.
3. Petro (PTR)
As the first cryptocurrency backed by national oil resources, the unique model and experience of Petro launched by Venezuela may provide reference for Saudi Arabia. If Saudi Arabia adopts Petro or a similar model, it will be a major innovation in the traditional energy trading method.
4. Tether (USDT)
As a stable currency pegged to the US dollar, Tether has been widely recognized by the market for its low volatility and high liquidity. If Saudi Arabia chooses Tether, it will help reduce the exchange rate risk in oil trading.
5. Saudi Digital Currency (SADC)
Although there is no official news yet, it is not impossible for Saudi Arabia to launch its own national digital currency in the future. If Saudi Arabia can successfully issue and promote its digital currency, it will establish a new position for it in the international energy market.
Duoduo has also been ambushing a currency that is about to explode recently, with a short-term return of 30% and a long-term return of about 5-8 times.
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Duoduo will not let my fans miss out in this bull market! This is the truth ➡传送门
