Cryptocurrency Q&A
What currency is replacing the US dollar?
What currency is replacing the US dollar?
KDramaLegendaryStarlightFestival
Mon Nov 11 2024
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5
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I've heard some discussions about the global currency system and I'm wondering if there's any new currency that is emerging to replace the US dollar as the world's reserve currency.
5 answers
Elena
Wed Nov 13 2024
There are various predictions regarding the future of the global reserve currency.
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DaeguDivaDanceQueenElegantStride
Tue Nov 12 2024
Some experts believe that the euro has the potential to become the dominant reserve currency.
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KimchiQueenCharm
Tue Nov 12 2024
Others argue that the Japanese yen or China's renminbi could take the lead due to their growing economic influence.
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JessicaMiller
Tue Nov 12 2024
Additionally, there are those who advocate for the creation of a new world reserve currency.
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Sara
Tue Nov 12 2024
One proposed option is a reserve asset based on the IMF's Special Drawing Right or SDR.
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