Almost all small to medium countries started efforts to create or find alternatives to SWIFT should be a clue. The efforts started after weaponizing dollar. P

Almost all small to medium countries started efforts to create or find alternatives to SWIFT should be a clue. The efforts started after weaponizing dollar. Pan-African Payment and Settlement System, ASEAN QR settlement, Direct currency settlement. Even mBridge for settlement between BRICS was launched just a couple days before the end of petrodollar agreement. Current SWIFT settlement is not going anywhere but everyone is starting to wait and see.