More countries planning to dump the dollar
Image Credit: PXhere
The EU, after facing threats from the US to target European firms in Iran, is considering to switch payment systems to the Euro, instead of the Dollar. This, however, isn't new. Iran is also considering it after they've adjusted their trade without the dollar. Even China is starting to trade oil in Yuan, over dollars. Experts claim trade pacts and use of cryptocurrency would lead to decreased use of the dollar.