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The phenomenon of de-dollarization is as real as it gets. The event is not merely restricted to just textbooks now; it has evolved into a narrative that is gaining immense traction in today’s world and age. De-dollarization in today’s global regime can be summarized into a series of brief events. For example, nations ditching the US dollar for trade, a hunt for alternative currencies, and the rise of alternative assets such as gold. These developments spell trouble for the dollar in bold headlines, fanning the flames of de-dollarization to new levels. That being said, this narrative is especially lethal to three financial domains. Let’s check how the event can harm these sectors in the future to safeguard one’s invested stake in the domains. Also Read: Strong US Dollar Is Dangerous: De-Dollarization Accelerates Worldwide Three Sectors Exposed to De-Dollarization The Most 1. Energy Trade Source: Mining.com Global nations have long used the US dollar in conducting ...

According to a Financial Times report, China plans to allow the launch of its first stablecoin. Hong Kong policymakers recently passed legislation that allows licensed businesses to issue tokens backed by any fiat currency. According to Chen Lin, director of the Centre for Financial Innovation and Development at the University of Hong Kong, China has become increasingly interested in crypto and stablecoins. The coming of the US dollar-backed stablecoin era was seen as a way to revive the USD’s lustre. A yuan-pegged stablecoin could challenge the USD stablecoin sector and further strengthen China’s de-dollarization plans. Is a Yuan-Pegged Crypto a Part of China’s De-Dollarization Plans? Source: Watcher.Guru Stablecoins have seen a significant rise in popularity over the last few years. Dollar-pegged cryptocurrencies are also seen as a way to revive the US dollar. According to David Sacks, the White House cryptocurrency czar, dollar-pegged crypto assets will increase the...

Can America survive de-dollarization as various major global powers spearhead challenges to US dollar supremacy right now? Recent developments have accelerated capital flight from America while numerous significant threats of US dollar collapse revolutionize financial markets. The loss of reserve currency status would catalyze massive de-dollarization impact, yet America survive de-dollarization remains achievable through several key strategic adaptation initiatives and also optimized policy moves. The United States faces its most serious monetary challenge since Bretton Woods architected the global financial system back in 1971. Financial markets have pioneered a pricing model incorporating reduced confidence as investors question whether the US dollar’s dominance can withstand mounting pressures from emerging economies and also various major trade conflicts that seem to transform weekly. Also Read: Gold Could Hit $4,000 as US Dollar Weakens, Experts Warn How De-Dollarization, Ca...

The DXY index, which tracks the performance of the US dollar has been failing to climb above the 100 range for two months. The greenback is failing to hold on to its resistance level and is slipping back to the 98-99 range after it touches the 100 mark. On the other hand, local currencies are rising in the charts and delivering better performance than the USD. The BRICS currencies are also surging in value, and taking the recent developments into consideration, Morgan Stanley has painted a bearish picture for the US dollar. Source: MarketWatch As BRICS looks to uproot the US dollar, leading global investment bank Morgan Stanley has predicted that the US dollar could decline by another 9% in the indices. The forecast estimates that the greenback’s DXY index could fall to the COVID-19 level low. The global bank wrote that the greenback could fall to the 91 level next losing considerable value. That’s a five-year low and is a steep decline despite the market recovering from the...

De-dollarization is gaining momentum in Asia as major companies are turning their backs on the US dollar and demanding local currencies instead. Large corporations and institutional funds are placing bets on local currencies and not the world’s reserve. The latest data from Bloomberg shows that firms are receiving more requests, including hedges that sidestep the US dollar. Also Read: Ethereum Pectra Upgrade Price: ETH Surges 18% to $2,200 De-Dollarization: Companies Want Local Currencies, US Dollar Getting Sidelined Source: Reuters / Getty Images Local currencies such as the Chinese yuan, Hong Kong dollar, Emirati dirham, and the euro are gaining momentum. In addition, a bank in Indonesia is setting up a desk to disburse loans in the Chinese yuan and not the US dollar. Another data shows that the vast majority of foreign-exchange trades that have been using the US dollar are shifting towards local currencies. De-dollarization gained wings in 2025, and local currencies are slowly ...

India first grouped with its BRICS members and sought to find an alternative to the US dollar for cross-border transactions. The Modi-led government then took a U-turn after Trump won the White House and threatened to impose trade tariffs. As the tariff threats grew stronger and Canada, Mexico, and China faced the heat, India slowly backtracked from the de-dollarization agenda. The first move was to protect its economy from tariffs as it could impact the country’s imports and exports sector. Also Read: Illinois Analyst Predicts If BRICS Currency Can Replace the US Dollar BRICS: India & the US Dollar Source: Reuters / ShutterStock Foreign Minister S. Jaishankar made multiple statements this year citing that India has no plans of advancing the de-dollarization agenda. The U-turn comes after Trump’s threats of tariffs forced them to backtrack on the ideology. Read here to know how India not only rejected de-dollarization but also embraced the US dollar. India contradicted the B...

Brazil has firmly positioned itself at the forefront of the growing de-dollarization movement within BRICS nations right now, and is actively championing dollar-free trade as well as promoting local currencies for international transactions. This represents, at the time of writing, a significant challenge to the U.S. dollar’s long-established role as the primary global reserve currency. BRICS Member Pushes De-dollarization—Nations Ditch the U.S. Dollar Source: Bitcoin.com Brazil’s Finance Ministry has made its de-dollarization stance quite clear as the country has recently assumed the BRICS chairmanship in 2025. Secretary Tatiana Rosito from Brazil’s Finance Ministry stated: “The trade in local currencies is already underway, for example, between Brazil and China. No obstacles exist to that on the side of Brazil.” The expanded BRICS alliance—which now includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and also the UAE—is ...

President-elect Donald Trump threatened BRICS countries of imposing 100% tariffs on goods entering the US if they pursue the de-dollarization agenda. The rhetoric came even before he officially took office indicating that a trade war would commence during his four-year tenure. Developing countries are guarding their economies against sanctions, as the White House has been imposing them for more than a decade. Also Read: BRICS: India Makes Huge Announcement on New Currency The Director of the Institute of Social Sciences, Ash Narain Roy, said that Trump’s threats to BRICS will not work. Roy explained that Trump is carried away by his victory and is unable to see the ground below his feet. Emerging economies have progressed even after ending dependency on the US dollar as their local currency is gaining prominence. The de-dollarization initiative started by BRICS will continue even in the Trump era, he said. Also Read: The US Dollar’s Clout Is Decreasing Globally, Says BRICS BRICS: ...

The current US elections have made one thing strictly clear: the policies to uplift the US economy will take preference no matter what. Measures to curb the ongoing de-dollarization drives have already started to stir the economic structure as news of Trump unveiling plans to levy 100% taxes on countries moving away from the dollar went viral on all global fronts. However, these stringent measures may have accompanied some severe repercussions. On the one hand, they may play a pivotal role in determining the prosperity of the United States. Still, at the same time, they may disrupt the global trade order by pushing these 5 ASEAN nations away, compelling them to ditch the US dollar. Also Read: Shiba Inu’s Shytoshi Kusama: New Proposal for Next US President Trump Vows To Protect The US Dollar, Plan To Impose Taxes On Nations Ditching USD Source: NBC News Former US president Donald Trump has made several bold statements while participating in his electoral campaigns this season. In one of...

BRICS is spreading the de-dollarization initiative around the world, but the majority of countries are rejecting the idea by increasingly using the US dollar for trade settlements. While countries that are like-minded to BRICS are considering de-dollarization, the majority of nations don’t align with the initiative. Also Read: BRICS: U.S. Dollar Crisis Could Begin in 2025 The latest data from SWIFT payment messaging system shows that trade settlements in the US dollar have increased by 9%. That’s the most in 12 years despite BRICS trying to convince other countries to ditch the US dollar through de-dollarization. The share of the US dollar’s global payments has touched a record 49% in 2024, the highest in 12 years. Also Read: Local Currency That Challenged the US Dollar Fails, Dips 40% BRICS De-Dollarization Fails: Payments in US Dollar Surges 9%, Euro Dips 18% Source: Forbes / iStock While the US dollar’s global payments rose by 9%, the Euro’s share plumme...

The purchasing power of the US dollar is declining every year leading to inflation in the homeland. The CEO of Zang Enterprises, Lynette Zang emphasized that the purchasing power of the US dollar is eroding at an advanced speed. This comes when the BRICS alliance is looking to pin the US dollar down as the world’s reserve currency. Also Read: BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies Only 3% of the US dollar’s original purchasing power remains in 2024, as documented by the Federal Reserve this year. “This is what the official government data will tell us,” said Zang. This gives BRICS more mileage to take on the US dollar as its purchasing power is dwindling. BRICS: US Dollar Purchasing Power Might Fall to Zero, From the Current 3% Source: beincrypto.com Zang explained that the US dollar’s purchasing power could collapse to zero from the current 3% that it enjoys. She predicted that it could fall to zero next year in 2025. BRICS could exploit th...