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Well, yeah, but so far 80% of FIAT by numer and 95% by volume are just USD proxies - think EUR, GBP, KWD, JPY. When there are more "forbidden" or isolated currencies, the real party will begin On the other hand USDT has actually been quite useful in shorting TRL (for some reason forbidden to do in the West) or buying RUB right after the partial gold coverage was announced.