BRICS Updates Decade-Long De-Dollarization Strategy Amid Geopolitical Tensions

The BRICS alliance has issued a significant update on its ten-year de-dollarization plan, signaling a strategic shift in global economic dynamics. Geopolitical tensions in early 2025 have intensified scrutiny of the US dollar’s dominance, with BRICS nations openly challenging its hegemony. The bloc’s latest statement follows months of escalating friction with the TRUMP administration, marking a pivotal moment in international finance.

Market analysts observe growing institutional interest in cryptocurrency alternatives during currency volatility. Bitcoin and Ethereum have seen increased trading volume on Binance and Coinbase as traditional forex markets react to the developments. The move underscores a broader trend of asset diversification beyond fiat currencies.

De-dollarization efforts could accelerate adoption of blockchain-based settlement systems. XRP and DOT have emerged as potential candidates for cross-border payment solutions, with Bybit and OKX reporting heightened institutional inquiry. The geopolitical chessboard appears to be reshaping digital asset demand patterns.