Iran And Russia Removes US Dollar From Their Trade

Iran and Russia have agreed to remove the US dollar from their trade as the  two countries have already connected their banking systems with one another and are reportedly working on a gold stablecoin.

This development  could potentially help Iran and Russia avoid US-imposed sanctions, which have had a significant impact on their respective economies. By reducing their reliance on the US financial system, they are taking steps towards greater economic independence.

The details of the agreement between Iran and Russia are not yet clear, but it is expected to have significant implications for international trade. It remains to be seen whether other countries will follow suit in reducing their dependence on the US dollar.