

It’s technically possible, guaranteed.
The problem is capitalism. Every company is too selfish, and every government too neoliberal, to build some at cost publicly-owned globally interoperable payment system.
Even now, the buy EU movement is largely just replacing US-oligarchy-owned services with EU-oligarchy-owned services. It’s better than funding the American nazi party, but it’s not a long term solution.
Why isn’t this a lifetime ban? If you engage in fraud or any other crime of corruption, abuse of power, etc, you shouldn’t be allowed to be a part of the government again for life.