De-Dollarization Accelerates as Wall Street Records $59B Outflow in 2025
Global de-dollarization trends have intensified in 2025, with Wall Street banks experiencing unprecedented capital outflows totaling $59 billion from USD-denominated assets. The BRICS alliance and FMAS:25 bloc are spearheading efforts to establish alternative payment systems, while Russia implements aggressive currency substitution policies across multiple sectors.
Foreign central banks reduced dollar holdings by $59 billion last year, driving the USD's share of global reserves to 57.8% - the lowest level since 1994. This marks a 7.3% decline over the past decade from 72% in 2002, signaling a structural shift in global reserve currency dynamics.
The BRICS coalition's payment system development threatens to reshape international finance, challenging the dollar's hegemony. Market analysts observe this trend coincides with growing institutional interest in cryptocurrency alternatives as hedge instruments against fiat currency volatility.