The global financial system is being quietly rewired and most traders have no idea it's happening.
The US froze Russian assets. Pushed institutions away from Huawei. Used SWIFT as a geopolitical weapon. Now Russia has one place left to do business. China's CIPS payment system is picking up volume. Central banks are diversifying away from the dollar. And gold is surging as a non-sovereign store of value for the first time in decades.
Mark Wendland spent years at Citadel and DRW trading spot FX before moving into digital asset infrastructure. His thesis: the weaponization of the US banking system is accelerating a shift that creates a generational macro trade most equity and options traders are completely unprepared for.
In this conversation he breaks down why the dollar's role as the global settlement currency is changing, what that means for inflation, commodities, and the next five years of market structure, and how Visa becoming a super validator on a privacy-first institutional bloc...
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