Mongol invasions of the Levant to Genghis Khan was his son Ögedei, but the leadership was then taken by force by the descendants of Genghis' son Tolui. During the reign of Kublai Khan (son of Genghis' son Tolui), descendants of Genghis's other sons Ögedei, Chagatai, and Jochi sought to oppose the rule of Kublai. The Ilkhanate had been founded by Hulagu, another of Tolui's sons, who was therefore loyal to Kublai. The Golden Horde had been founded by Genghis' son Jochi, following the Mongol invasion of Central Asia. Genghis had designated several of the territories south of the Caucasus to Jochi, specifically Georgia, and the
Society of the Mongol Empire to eliminate the overissue of the currency by Mongol and non-Mongol nobles since the reign of Great Khan Ögedei. His authority established united measure based on "sukhe" or silver ingot, however, the Mongols allowed their foreign subjects to mint coins in the denominations and use weight they traditionally used. During the reigns of Ögedei, Güyük and Möngke, Mongol coinage increased with gold and silver coinage in Central Asia and copper and silver coins in Caucasus, Iran and southern Russia.±±§ The Yuan dynasty under Kublai Khan issued paper money backed by silver, and again banknotes supplemented by cash and copper cash.