Russia's leader just dropped some numbers on bilateral trade settlements that caught attention. Apparently, over 90% of transactions between Moscow and New Delhi now happen in rubles and rupees—no middleman currencies involved.



This shift isn't happening in a vacuum. We're watching major economies quietly rework how they move money across borders. India and Russia figured out they could skip traditional payment rails entirely, and the numbers suggest they're actually doing it at scale.

What's interesting here? It's another data point in the broader pattern. Countries are testing alternatives to dollar-denominated trade. Some are exploring digital currency bridges. Others are just using what they already have—their own fiat.

The 90% figure is significant. That's not experimental anymore. That's operational infrastructure working at volume. Whether you're tracking CBDC development, cross-border payment innovations, or just geopolitical economic shifts, this kind of bilateral arrangement shows how fast things can move once political will aligns with technical capability.

No revolution overnight. Just steady momentum toward a multipolar financial system where optionality matters more than monopoly.
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TommyTeachervip
· 6h ago
90% is really not a small number; it has already moved from the experimental stage to actual operation... The dominance of the US dollar is indeed gradually loosening.
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MoonBoi42vip
· 12-04 15:28
ngl this 90% figure is the real point, it should have been done this way a long time ago, the USD intermediary fee will save you a ton
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RugPullAlertBotvip
· 12-04 15:28
90%... Now it's really happening, it's not just talk on paper anymore.
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GrayscaleArbitrageurvip
· 12-04 15:24
90%, isn’t this just paving the way for de-dollarization... Rupee trade bypassing SWIFT, and other countries are doing the same thing.
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SchrödingersNodevip
· 12-04 15:15
Is this 90% figure real? Feels a bit exaggerated. --- Another de-dollarization news story, this time it’s the ruble and rupee… Can they really hold it together? --- No, this is just slowly eroding the dollar’s status. The more you think about it, the scarier it gets. --- “Operational infrastructure at volume” — sounds nice, but basically it means Russia and India are teaming up to ditch the dollar. The big power game is escalating. --- A multipolar financial system… Sounds grand, but can it really stay stable when it matters? There's still some risk of it backfiring. --- Skipping traditional payment rails sounds simple, but who’s actually going to bear the costs in practice? --- No revolution but there’s momentum—sounds poetic, but will the market really buy it?
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TokenDustCollectorvip
· 12-04 15:15
Nah, this is the reality of de-dollarization. 90% is no longer just testing the waters; it's really happening.
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TestnetFreeloadervip
· 12-04 15:08
ngl this is real de-dollarization... 90% is no joke
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