dollarisation | BTCC Knowledge

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Putin advocates for an alternative payment system among BRICS countries, aiming to reduce dependence on the US dollar. Dedollarization, driven by geopolitical tensions and economic factors, is becoming inevitable and accelerating. Trump's tariff threats against countries avoiding the dollar further highlights this trend. The exact timing of dedollarization remains uncertain, but it is a significant topic in global finance and politics ahead of US elections.

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