2026 is really the year of USA going down in history. US dollar is collapsing, its stock is having a hard time, Europe is ditching US techs like Google and Microsoft and now this.

Visa/Mastercard are the biggest evil. Why do you think Trump got pissed at Brazil having its own payment system without Visa/Mastercard network deleting billions in revenue from Visa/Mastercard

The problem major problem is already mentioned: Each EU country wanna have their own independent system. Nothing prevent the countries from doing that but it must talk within the same payment network so people in the Netherlands can buy from Italy using their own payment system.

Own payment system is different than payment network :)