Saudi Arabia has withdrawn from a Chinese-led digital currency and blockchain payment system designed to reduce reliance on the US dollar. The move marks a significant shift in the kingdom's participation in cross-border digital settlement initiatives aimed at bypassing traditional dollar-denominated infrastructure. The withdrawal ends Saudi involvement in the multilateral platform that leverages central bank digital currencies and blockchain technology for international payments. This development alters the strategic landscape for alternative payment networks seeking to diminish dollar dominance in global trade settlement.