And it's harder to avoid dollars than it might appear. How does one convert between TWD and EUR? Via USD. You also have to avoid SWIFT, since the US controls t

And it's harder to avoid dollars than it might appear. How does one convert between TWD and EUR? Via USD. You also have to avoid SWIFT, since the US controls that too. The Europeans just set this up to avoid these issues with Iran: https://en.wikipedia.org/wiki/Instrument_in_Support_of_Trade_Exchanges https://en.wikipedia.org/wiki/Instrument_in_Support_of_Trade... It took nearly a year and a half between the founding and the first payment.