Saudi Arabia Joins China-Led mBridge, Marking Shift from Dollar to Digital Currency

Saudi Arabia has recently moved towards reducing its dependence on the U.S. dollar by exploring digital currency initiatives, specifically a China-led project. By joining Project mBridge, Saudi Arabia signals its intent to diversify away from conventional dollar-based transactions. Notable economic analysts have commented on this shift, highlighting its potential implications for global trade. Saudi Arabia

Source: CoinOtag