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BTCC / BTCC Square / Global Cryptocurrency /
ASEAN Accelerates De-Dollarization Amid US Tariff Pressures

ASEAN Accelerates De-Dollarization Amid US Tariff Pressures

Author:
Global Cryptocurrency
Published:
2025-05-26 11:24:01
13
3

De-dollarization momentum is intensifying across Southeast Asia as US tariff policies disrupt dollar-dominated trade systems. Six ASEAN members now face tariffs ranging from 10% to 49%, with Malaysia confronting a 24% rate—accelerating regional adoption of local currencies and alternative financial mechanisms.

BRICS expansion offers ASEAN economies new pathways for trade settlement, while cross-border digital payment systems gain traction. "The trend is irreversible," says Malaysia’s Foreign Minister Mohamad Hasan, noting how tariff pressures are reshaping financial flows in emerging markets.

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