First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/10/08/de-dollarization-could-a-petroyuan-usurp-the-petrodollar-003525
<p><img src='https://www.moneymetals.com/uploads/content/De-Dollarization-Could-a-Petroyuan-Usurp-the-Petrodollar.jpeg'/></p>Could the petroyuan usurp the petrodollar and become the dominant currency for global oil trade? Such a move would accelerate global de-dollarization.