USING BLOCKCHAIN TECHNOLOGY

Last updated: June 18, 2025, 01:06  |  Written by: Emin Gün Sirer

Using Blockchain Technology
Using Blockchain Technology

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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

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

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

The Petroyuan’s Challenge to Dollar Hegemony

Petrodollar to Digital Yuan - Asia Society

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

Three Powerful Forces Are Converging

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 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 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.

The Maturation Of China

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

The Petrodollar. Is it fading away? - LinkedIn

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.

Emin Gün Sirer can be reached at [email protected].

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