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Russia, China, and India Achieve 90% De-Dollarization in 2025, Reshaping Global Trade
Russia, China, and India Achieve 90% De-Dollarization in 2025, Reshaping Global Trade
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BTCCSquare news:
Three economic powerhouses—Russia, China, and India—have reached 90% to 95% de-dollarization in trade settlements, marking a pivotal shift in global commerce. Russian Deputy Prime Minister Alexander Novak confirmed the transition, emphasizing settlements in national currencies. "The MOVE occurred organically," he noted, signaling sustained pressure on the U.S. dollar's dominance.
The trend extends beyond these nations, with developing economies increasingly adopting local currencies. This collective shift threatens to erode the dollar's hegemony, potentially triggering capital flight and deficits in the U.S. market. The restructuring of trade dynamics underscores a broader realignment in financial sovereignty.
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