There is a saying that the Bretton Woods system established a dollar-based monetary system after World War II.
Breaking the establishment of an international monetary system centered on the US dollar, the basic contents include that the US dollar is linked to gold, and the currencies of IMF member countries maintain a fixed exchange rate with the US dollar (a fixed exchange rate system is implemented).
Most foreign enterprises use the US dollar as the intermediate settlement currency. Now Iran can increase its foreign exchange reserves by adopting RMB. This is good for China and good for Iran.
Iran uses China's RMB for settlement, so the original position of Iranian yuan has been replaced by RMB. In this way, Iran can better sell its oil, and to some extent, it can break the US sanctions against Iranian oil. Iran put a lot of oil in Dalian warehouse. And has decided which customers to sell to, it can be said that Iran's use of RMB as a settlement method this time is a great attempt. His actions may bring some prosperity to the Iranian economy, and may also give oil a place to sell.
40% of Iran's fiscal revenue comes from oil. It is conceivable that the export of oil has a great relationship with Iran's economic impact. Iran's settlement in RMB, to some extent, is to maintain the growth of oil export economy. So as to break through the blockade of American hegemonism and sell oil to more countries.
In addition, the European Union has also joined their activities to challenge the hegemonic position of the United States. The adoption of INSTEX, a new channel for oil trading between the EU and Iran, means that the EU has reached an agreement with Iran to a certain extent, and the hegemony of American currency is about to be shaken. This is the impact of the epidemic, and the United States will certainly experience unprecedented challenges, as well as economic challenges and possibly other challenges.
If most countries in the world set up a monetary system, the hegemonic position of the dollar will no longer exist, but the hegemonic position of the dollar still exists now, but it has been challenged a lot. If challenged elsewhere, it may put the dollar at a disadvantage. In fact, it is an idiotic dream that he wants to control the world dollar, and the world should be controlled by people all over the world.
I believe that the United States under the challenge of this epidemic has been bruised all over, and it is actually possible to carry out some reforms among major economies to get rid of the control of the dollar. After the settlement in RMB currency, I believe that the US dollar will soon be challenged. In fact, a country may be a superpower when it is born, but if it wants to challenge the whole world, it may be retaliated by the whole world. America America will taste its own bitter fruit one day. If you want to control the world, it will definitely come to its end.