Canada, EU plan to link next-gen payment systems, easing transactions

"Both have identified the United States’s sway over the current generation of payment systems as a risk, given that Washington has grown increasingly unpredictable and protectionist under President Donald Trump."

...

"The U.S.’s power over international payments was demonstrated in 2025 when Mr. Trump imposed sanctions on Winnipeg-born International Criminal Court judge Kimberly Prost over her work on a case involving American troops in Afghanistan. The U.S. sanctions left Ms. Prost unable to use most credit cards or multinational services such as Amazon or airlines."

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The writing was on the wall as soon as an ICC judge was reduced to a cash-only existence for doing her job. I wouldn't be surprised if this new system spreads beyond Canada and the EU as well. Trust arrives on foot, but leaves on horseback.