The SCO is slowly but surely creating a new multipolar world without the US dollar. This process has also been accelerated by the recent BitOasis acquisition by CoinDCX.
Understanding SCO’s Influence in Shaping a Multipolar World
The SCO aims to evolve cooperation and stability, which is a shift from the unipolar order of the U.S. This change is guided by Russia’s foreign policy vision.
Also Read: China Advances De-Dollarization Agenda At the SCO 2024 Summit
As Putin stated, “engagement with multilateral institutions seeks to shift the international system away from a U.S.-dominated unipolar order.” The Russian president deems this shift to be ‘’irreversible’’. Furthermore, Putin warns against the dangers caused by a policy of global domination by one country or group of countries.
The Role of China in the SCO
China is one of the most important players within the SCO, and…
