BREAKING News: China Just Bypassed SWIFT and the U.S. Dollar
In a seismic shift for global finance, the People’s Bank of China has launched its digital RMB-based international payment system — and it's already operational.
Here’s what you need to know:
Connects with 10 ASEAN nations & 6 Middle Eastern countries
Covers 38% of global trade
Completely bypasses SWIFT and the U.S. dollar
Settles payments in just 7 seconds (vs. 3–5 days)
Cuts transaction fees by 98%
Already happening:
Thailand bought oil in digital RMB
ASEAN-RMB trade hit ¥5.8 trillion
Middle Eastern energy giants are on board
While the U.S. discusses digital currency, China is deploying it.
This isn’t innovation — it’s a global power play.
De-dollarization is no longer theory.
The Digital Silk Road is here.
The question isn’t if the dollar fades — but when.