Stablecoins Enter Oil Trade as Iran Bypasses Dollar System: Global Trade Shift?

A new payment flow is forming in the global oil trade. Iran is now charging ships passing through the Strait of Hormuz using Chinese yuan and stablecoins, cutting out the US dollar. As per reports, the ships have already started paying to pass. Iran has moved to control the Strait of Hormuz, a route that […] Read The Full Article Stablecoins Enter Oil Trade as Iran Bypasses Dollar System: Global Trade Shift? On Coin Edition.