Iran and Russia are accelerating the move away from the US dollar, and China’s monthly Yuan settlement amount reaches $214B
According to data compiled by Nikkei cited by Bitcoin.com News on May 14, in March, the settlement value of China’s Cross-Border Interbank Payment System (CIPS) reached about $214 billion (1.46 trillion Yuan), up 50% from the previous month and triple versus the same period in 2021. The data reflects that Iran and Russia have largely exited the US dollar settlement system. CIPS System March Data: Confirmed Figures Based on the Nikkei report cited by Bitcoin.com News, confirmed figures are as fol
MarketWhisper·05-14 02:45












