• redtea@lemmygrad.ml
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    1 year ago

    I think Shrike is asking, if they’re not using the petrodollar, why use Yuan rather than the other country’s currency.

    Edit: Bolivia uses the Boliviano.

    • LoveSausage@lemmygrad.ml
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      1 year ago

      Well because you need a large stable currency that all agrees on. Yuan or bolivares? What would you like to be paid with?

      • ☆ Yσɠƚԋσʂ ☆OP
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        1 year ago

        probably cause there is already a system set up for doing transfers and it’s a lot of work to make your own, and they already do a bunch of trade with China