Europe Abandons the U.S. Dollar, Puts Reserve Currency Status in Serious Jeopardy Europe Unveils “Special Purpose Vehicle” To Bypass SWIFT, Jeopardizing Dollar’s Reserve Status ZeroHedge.com In a stunning vote of “no confidence” in the US monopoly over global payment infrastructure, one month ago Germany’s foreign minister Heiko Maas called for the creation of a new payments … Continue reading Europe Abandons the U.S. Dollar, Puts Reserve Currency Status in Serious Jeopardy