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> More and more countries questioning why they need to base their foreign transaction on the US Dollar. For spot transactions, it doesn't really matter beyond
by dehrmann 4y ago
> More and more countries questioning why they need to base their foreign transaction on the US Dollar.
For spot transactions, it doesn't really matter beyond giving the buyer and seller a common language to negotiate in. For contracts sometime in the future, if you're Argentina, no one wants to bet on where the Peso will be in 6 months.