US Dollar’s Reserve Currency Status Erodes as Global Diversification Accelerates
The US dollar’s dominance in global reserves has slipped to 60%, down from 67% two decades ago, marking a measurable decline in its hegemony. Central banks are actively diversifying away from the greenback, signaling a structural shift in the international monetary system.
This de-dollarization trend reflects deeper geopolitical and economic recalibrations. No single alternative has emerged yet, but the MOVE away from dollar-centric reserves creates opportunities for decentralized assets and multipolar financial frameworks.