De-Dollarization Accelerates as 10 CIS Nations Abandon US Dollar
The US dollar’s dominance faces renewed pressure as ten Commonwealth of Independent States (CIS) countries formally transition away from the currency. This coordinated MOVE follows growing discontent with American financial hegemony and recent self-inflicted damage from US tariff policies.
De-dollarization trends have simmered for years within global financial systems, but now gain tangible momentum. Nations and institutional investors alike are actively evaluating alternative reserve currencies and settlement mechanisms to reduce USD dependence.
The CIS bloc’s decision reflects broader macroeconomic shifts as emerging economies seek insulation from dollar volatility and geopolitical weaponization of the currency. This development may accelerate diversification into digital assets and regional currency baskets.