#us-dollar-dominance

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World news
fromAxios
2 days ago

China eyes challenge to U.S. dollar dominance - but that's easier said than done

China aims to build a globally powerful currency and relax capital controls to challenge U.S. dollar dominance.
Business
fromFortune
4 months ago

Why do so many global payments still require a layover in New York? | Fortune

Global cross-border payments are slow, costly, and overly dependent on U.S. correspondent banking concentrated in New York, creating inefficiency and systemic risk.
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