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Last updated: June 15, 2025, 21:20  |  Written by: Mike Novogratz

And Payments Operator
And Payments Operator

The Maturation Of China

The Petroyuan’s Challenge to Dollar Hegemony

The maturation of China’s alternative to the petrodollar is a big reason why the massive amount of energy trade between Russia and China occurs in yuan, not US dollars.

The Petrodollar. Is it fading away? - LinkedIn

In

Petrodollar to Digital Yuan - Asia Society

Petroyuan vs. Petrodollar: Is the US Dollar Being Replaced?

In 2025, a fifth of global oil trade settled in currencies other than the US dollar, with some countries moving away from the petrodollar. This includes China, Russia

Three Powerful Forces Are Converging

The expansion of China’s digital yuan and financial technology are helping to boost yuan settlements in the crude trade and hastening the decline of the petrodollar, a

The Rise of the Petroyuan: Is the US Dollar Losing Its

Three powerful forces are converging to drive this change: China's strategic push to reduce its dollar vulnerability as the world's largest oil importer, the Gulf states'

The Unfolding Economic War Between

The unfolding economic war between the US as the world’s sole superpower and China as its fastest-growing challenger hinges on a single battle: the petroyuan vs.

China’s yuan on the rise in oil trade, but petrodollar here to stay

Is the Collapse of the Petrodollar Imminent? Here’s How It Could

Mike Novogratz can be reached at [email protected].

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